Fuel

In the latest review, the Energy and Petroleum Regulatory Authority (Epra) has announced the prices of petrol, kerosene and diesel will remain unchanged ...

The regulator said the price reduction followed a drop in landed cost for imported fuel products, which fell by up to 9 per cent. 194 of 2020. In the latest review, the Energy and Petroleum Regulatory Authority (Epra) has announced the prices of petrol, kerosene and diesel will remain unchanged despite the decrease in global crude oil prices.

In a bushy veld, as one veers off the R571 road to the Mananga border post in Mpumalanga's Mangweni village, Israel Bhila (37) has established a makeshift ...

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Epra in the monthly fuel price capping guide yesterday retained the pump prices for the three products at the same levels.

“The average landed cost of imported super petrol decreased by 6.19 per cent… The implementation of the subsidy programme has caused a mismatch between landed costs and actual pump prices. while kerosene decreased by 4.07 per cent,” said Epra. The government will utilise the Petroleum Development Levy (PDL) to compensate oil marketing companies for the difference in cost.” Epra noted that the landed cost for the three products fell by between four and 11 per cent on account of a general decline in the cost of petroleum products globally. An increase in the cost of diesel, a critical fuel for sectors such as transportation, would have seen a hike in the cost of basic goods.

According to the CEF's annual report, before the acquisition of Avedia, the SFF had 39 steel tanks, each with a storage capacity of 200 000 barrels, ...

On December 30, the Competition Tribunal gave the go-ahead for the SFF’s intended acquisition of Avedia Energy, which is currently in business rescue. Get 14 days free to read all our investigative and in-depth journalism. The SFF is a subsidiary of the Central Energy Fund (CEF) which is responsible for the country’s strategic fuel supply and storage facilities.

Petroleum dealers were put on notice that the authority would not hesitate to revoke their licences.

- Religion15 January 2023 - 9:09 am - Benefits15 January 2023 - 9:26 am - Caution15 January 2023 - 10:38 am While those in Mombasa will part with Ksh174.98 for Super Petrol, Ksh159.76 for Diesel, and Ksh143.69 for Kerosene per litre. employee 12345678 or by dialling the short code *363#," the regulator directed. “In accordance with Section 99 of the Petroleum Act No.

Startup founders should look at setbacks as important steppin stones to success, this tech entrepreneur says.

The rejection is not a reflection of your personal worth—which is an easy line to blur when you forget to track the small successes you have made and the skills that got you to your current position. There are a number of reasons for rejection when you’re pitching your idea, and understanding the difference between various types of no could change how you digest the feedback. Asking for a reason will enable you to rate the rejection and understand what needs to be done on your part. He is passionate about solving the climate crisis and is an advisor and investor in several organizations working toward that goal. Feedback is the stepping stone you need to better classify who your customers and investors are or aren’t and to justify investing in the next stage of growth. Of course, very few investors will fund you for 20 years, and only a few clients will embrace early technologies. Study all rejections and separate the truths from the noise. You may think you’ve got every aspect of your idea mapped out, but external eyes are a gift, especially if the feedback is candid and the person delivering it is a pro in your field. It’s these feedback loops that will enable you to realign your goals and constantly improve. It’s where you can extract and fine-tune your product-market fit (PMF)—the market for your product and customer profiles who will pay for it. If you’re seeking advice or pitching a new idea, tech, or product, then be prepared to hear “no” a lot, and step up your game. Failure and rejection are part and parcel of starting your own business.

Download logoGovernment would like to clarify the false and misleading statements that have been reported in one of the SABC channels in relation to the.

Government is supporting oil companies to source fuel from both SACU and Non-SACU supply sources to enhance security of fuel supply for the economy of Eswatini. The issuer is solely responsible for the content of this announcement. The fuel shortage experienced by this one oil company was in relation to company specific logistical supply challenges that have nothing to do with Government and it is normal for any business to encounter internal challenges at some point during their operations.

Gasoline and diesel prices this week are to remain unchanged from last week, CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) said ...

Talks to negotiate a lower price for Pfizer Inc’s COVID-19 antiviral pill Paxlovid in China did not pan out, the Chinese National Healthcare Security Administration on Sunday said, creating a quandary for the Chinese government amid a rampant outbreak in the world’s most populous nation. The Competition Commission of India (CCI) in October last year fined Alphabet Inc-owned Google US$161 million for exploiting its dominant position in Android, which powers 97 percent of smartphones in India, and asked it to change restrictions imposed on smartphone makers related to preinstalling apps. The statement from the maker of memory chips and power management ICs confirmed speculation in the past six months that it was looking to invest in India to diversify its operations amid mounting geopolitical tension.

Finance Minister Ishaq Dar announced Sunday that the price of petroleum products in the country would remain unchanged for the next fortnight – till January ...

Meanwhile, Oil and Gas Regulatory Authority (OGRA) issued a clarification on the news related to the shortage of petrol and diesel in the country. Useable stocks in the country are good enough for 17 days of petrol and 32 days of diesel.” Taking to Twitter, OGRA spokesperson Imran Ghaznavi said Sunday that there “is ample stock of petrol and diesel” in the country. Apart from the petroleum levy, the inland freight equalisation margin had been fixed at Rs3.51 per litre on the sale of petrol and at Rs0.81 per litre on the sale of HSD. At present, the government is charging consumers Rs50 per litre in petroleum levy on petrol and Rs32.50 per litre on HSD. Further, light diesel oil (LDO) is presently priced at Rs179 per liter, and that too shall remain unchanged for the next 15 days,” he stated.

Petrol to cost Rs214.80, diesel Rs227.80, kerosene oil Rs171.83 and light diesel oil Rs169 per litre.

[Oct 15](https://www.dawn.com/news/1715180), [Oct 30](https://www.dawn.com/news/1718104/petroleum-prices-stay-unchanged-until-nov-15), and [Nov 15](https://www.dawn.com/news/1721115). “We are not changing the prices. [cut](https://www.dawn.com/news/1726500) the price of petrol by Rs10 and diesel by Rs7.5.

By Trixie Sher Li Yap, Chen Aizhu and Muyu Xu. SINGAPORE, Jan 13 (Reuters) - China's exports of refined oil products could start 2023 with a drop of 40% in ...

[https://tmsnrt.rs/3J0kK8b](https://tmsnrt.rs/3J0kK8b) [https://tmsnrt.rs/3X2lopL](https://tmsnrt.rs/3X2lopL) [https://tmsnrt.rs/3XgUBWi](https://tmsnrt.rs/3XgUBWi) [https://tmsnrt.rs/3X5EaMU](https://tmsnrt.rs/3X5EaMU) [https://tmsnrt.rs/3IyV5CW](https://tmsnrt.rs/3IyV5CW) 22 this year.

In December 2022, the Pacific side of Panama posted bunker sales of 417,051 mt; 302,778 mt of VLSFO, 69,444 mt of RMG 380, 9,078 of marine gas oil (MGO), and ...

Related:

ISLAMABAD: Federal government has kept the prices of all petroleum products unchanged by adjusting rates of petroleum levy (PL) with effect from January 16.

In the second half of January 16-31, the government decided to keep charging consumers Rs50 per litre PL on petrol and raised the PL rates from Rs32.50 to Rs 35 per litre (Rs 2.50 per litre) on HSD. The local refineries are also operational and playing their due role in meeting demand of petroleum products”, it says. On Sunday, Oil and Gas Regulatory Authority strongly rebutted the speculations on Petrol/diesel shortages. In a letter to the finance secretary, the OCAC had pointed to the challenges being faced by oil companies in this respect. The rates of PL on kerosene oil are fixed at Rs 6.22 per litre and Rs 30.45 per litre on LDO. The current Petrol price is Rs 214.80 per litre, high speed diesel (HSD) is being sold for Rs227.80 per litre. Some media reports claim that country is facing oil crisis threat as commercial banks have refused to open and confirm Letters of Credit (LCs) for the import of POL products. The regulator issued a statement on the current stock of oil and gas in the country. According to an estimate, the price of petrol was expected to go up by Rs8.98 per litre while the price HSD might rise by Rs1.06 per litre in the fortnightly revision of petroleum product prices with effect from January 16 It says useable stocks in the country are good enough for 17 days of Petrol and 32 days of Diesel. The Oil Companies Advisory Council (OCAC) had asked the finance secretary and the State Bank of Pakistan (SBP) towards the emerging situation on Saturday. Kerosene oil (SKO) is currently priced at Rs171.83 per litre and light diesel oil (LDO) is presently priced at Rs179 per litre.

By Dickson Omobola. Chairman, Senate Committee on Finance, Senator Solomon Adeola, weekend, decried the untold hardship and economic loss occasioned by the ...

As it is the price of petrol now ranges from N250 to N350 making the business of its smuggling unattractive.” The lawmaker promised to liaise with the National Security Adviser to the President and other relevant authorities on the need for a review of the 20- kilometer distance for filling stations operations adding that at the very least the distance should be reduced to 10 or 5-kilometer to the international borders across the nation. However, it has led to untold suffering for border communities and with years of implementation of this policy and the incipient removal of fuel subsidies, it is time to consider the plight of the long-suffering border communities and review these policies.