Page 2 - Fuel Crisis

Sri Lanka announces holiday week, shuts schools amid fuel crisis

Amid the unprecedented fuel crisis, the Sri Lankan Education Ministry declared the next week, starting from July 4, a holiday week for all the govt and state-approved private schools

Amid severe fuel crisis, Sri Lanka declares week-long holiday for schools

With no fuel for transportation, Sri Lanka on Sunday declared a week-long holiday for schools from Monday.

Argentine economy minister resigns amid peso's fall, diesel shortage

Martin Guzman announced on Twitter that he had sent a multi-page resignation letter to President Alberto Fernandez

Lanka IOC provides fuel as government pumps go dry in island nation

A LIOC spokesperson said they issued petrol to private vehicle owners on Tuesday but had to limit the issues due to the demand

Shipping costs soar as Russian fallout overpowers global fuel flows

The Russian invasion has exacerbated a tightening of energy markets, upending trade flows and forcing buyers to scour the world for alternative fuel supplies

Sri Lankan troops open fire to contain unrest over fuel shortages

Troops fired in Visuvamadu, 365 kilometres (228 miles) north of Colombo, on Saturday night as their guard point was pelted with stones

India stares at fuel shortage with spike in under-recovery at OMCs

The under-recoveries suffered by OMCs are around Rs 20-25 a litre for diesel and Rs 14-18 a litre for petrol, said sources.

Amid crisis, Sri Lanka set to introduce fuel ration scheme next month

The island nation has been experiencing long lines for fuel refilling since mid-February with pressure coming on the diesel supplies for thermal power generation

Cash-strapped Sri Lanka takes Russia oil as fuel crisis persists

The sole refinery is set to receive crude today, enabling its restart after 2 months

WEF at Davos needs to identify solutions instead of just problems

On paper, the upcoming Davos meeting would be perfectly suited for resolving these conflicts. History, however, does not provide much encouragement or optimism

Pakistan braces for worst diesel shortage amid harvesting season: Report

Pakistan PM Shehbaz Sharif has been warned by economists and industry experts that the country would face the worst shortage of diesel next month amid the harvesting season, Express Tribune reported

Kenya's unprecedented fuel shortage threatens to shut down economy

Kenya has been hit hard by an unprecedented fuel shortage that is threatening to grind the country's economy to a halt.

Sri Lanka plunges into 10-hour daily power cut as fuel crisis worsens

The Sri Lankan government on Wednesday imposed a nationwide 10-hour daily power cut due to shortage of hydro-electricity triggered by non-availability of fuel. Sri Lanka is facing an unprecedented acute economic and energy crisis caused due to shortage of foreign exchange. A sudden rise in prices of key commodities and fuel shortage forced tens of thousands of people to queue for hours outside petrol filling stations. People are also facing long hours of power cuts daily. All essentials are in short supply due to import restrictions forced by the forex crisis. The daily power cuts in the island nation have been further extended Wednesday morning to 10 hours, officials said. The country has been facing a seven-hour power outage since the beginning of the month. There is a shortage of 750 megawatt due to non availability of fuel to generate thermal power, the chair of the Public Utilities Commission Janaka Ratnayaka said. State-run Ceylon Petroleum Corporation (CPC) has asked motor

Oil rises on geopolitical risks, supply shortage

The head of NATO said on Sunday that Europe needed to diversify its energy supplies as Britain warned it was 'highly likely' that Russia was looking to invade Ukraine

Sri Lanka seeks $500 million loan from India for fuel purchase

The move came few days after energy minister Udaya Gammanpila warned that the current availability of fuel in the country can be guaranteed only till next January.

Fuel shortages: Joshi on visit to coal-rich states Chhattisgarh, Jharkhand

The minister will on Wednesday review and visit three mines--Gevra, Dipka and Kusmunda in Chhattisgarh -- of Coal India arm South Eastern Coalfields Ltd and will hold meeting with Jharkhand CM

Won't pull immigration lever to fix fuel crisis, says Boris Johnson

British PM doesn't want to raise taxes again if possible

UK to deploy soldiers within days to help ease fuel shortage

The government's reserve tanker fleet will be on the road this afternoon, driven by civilians, in order to boost deliveries

Explainer: Why and how the UK is experiencing a fuel crisis

Long lines are snaking down streets across the UK as drivers struggle to fill up their cars, causing widespread traffic misery and worries over whether the emergency services can do their work

No fuel crisis, India has enough stock to last lockdown: IOC chief

There is absolutely no need for panic booking. We have enough stocks to meet all demand, Singh said