1 Pump prices drop by two cents
As of Wednesday afternoon, pump prices have dropped by two cents for all grades of petrol and diesel. A litre of the cheapest 92-octane fuel now costs $1.737 while a litre of 95-octane fuel costs $1.797. Source: AsiaOne
01:01:43
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2 New American Chemical Society podcast: Economical biodiesel from sewage sludge
( American Chemical Society ) Scientists report, in the latest episode in the American Chemical Society's award-winning podcast series, "Global Challenges/Chemistry Solutions," that they could produce biodiesel fuel from municipal sewage sludge that is within a few cents a gallon of being competitive with conventional diesel refined from petroleum. Source: EurekAlert!
13:48:23
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3 Oil pares gains on talk of China crackdown
Oil pares gains on talk of China crackdown Source: FOX Business
04:02:27
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4 Petrol pumps threaten shutdown from Sept 20
Owners of about 38,700 petrol pumps across the country have decided to stick to their plan to down shutters indefinitely from September 20 despite the government increasing their commission. Source: The Times of India
20:26:53
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5 Oil rises as equities bounce, dollar weaker
Oil rises as equities bounce, dollar weaker Source: FOX Business
22:15:15
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6 Lack of Pakistan imports further extends gasoil losses
KHOBAR, Saudi Arabia: Gasoil in the Middle East extended losses this week and would only recover convincingly once flood-stricken Pakistan resumed imports. Premiums weakened after Pakistan State Oil Company cancelled several cargoes in August. "We expect gasoil premiums to recover in October," one trader said. "I expect Pakistan will require diesel Source: The Daily Star Lebanon
19:54:22
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7 Gasolene prices down tomorrow
THE prices of gasolene 87 and 90 will fall by 44 cents tomorrow to $75.72 and $77.38 per litre respectively, following the weekly product prices announced by Petrojam today. Source: The Jamaica Observer
21:21:18
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8 Oil smuggling deprives gov’t of P60B in revenue--Almendras
OIL SMUGGLING in the country may have been costing the government as much as P60 billion in taxes yearly, or double the industry’s earlier estimates of P30 billion to P35 billion, according to Energy Secretary Jose Rene D. Almendras. Source: Philippine Daily Inquirer
16:45:48
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9 UMass professor develops improved biofuel processing method
UMass assistant professor Paul Dauenhauer, chemical engineer, says that the experiments that have been conducted have shed significant light on the process of creating biofuels, alternatives to traditional fuels. Source: The Massachusetts Daily Collegian
02:20:59
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10 2nd tanker going to Northwest Passage
A fuel tanker that ran aground in the Northwest Passage will be joined later this week by a second tanker that will help siphon some of the 9.5 million litres of diesel on board. Source: CBC North
22:16:48
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