The European Commission activated a crisis mechanism to compensate for the rise in diesel prices, a situation linked to the war in Ukraine and that is having a significant impact on the European fisheries sector.
Ecuador's oil ruling entity Petroecuador has granted force majeure exemptions to shipments of Russian diesel which were already underway when the invasion of Ukraine started and western powers replied by imposing sanctions on Vladimir Putin's government
British Prime Minister Boris Johnson hosted a roundtable at Downing Street on Monday with leaders from the nuclear industry to discuss how to improve domestic energy security and rapidly accelerate nuclear projects in the UK.
The price of fuel at pumps in Paraguay will be reduced as of Monday, the state-run company Petropar has announced.
A group of union leaders representing Paraguyay's lorry drivers Thursday announced they would lift the road blockades if the Senate passes the bill to create a fuel price stabilization fund.
Brazil's oil company Petrobras came under heavy criticism Wednesday from President Jair Bolsonaro, who claimed the decision to raise the price of fuel at pumps was both absurd and a crime against the population.
Paraguayan consumers have taken to the streets to protest against the latest increase in the price of fuel at pumps, while unions have threatened to take additional measures if the government takes no action to help them through their new plight.
Prime Minister Boris Johnson hosted on Monday a roundtable of leaders in the UK’s offshore oil and gas industry today to discuss domestic energy security. This is part of a series of engagements by the Government across the UK’s energy sectors, including with renewable and nuclear companies in the coming days and weeks.
Argentina's state-run oil company YPF has increased its prices at pumps between 9.5% and 11.5%. It was the second rise this year. Other brands such as Shell have followed suit. The last increase had been in February.
President Iván Duque has made Colombian oil available to the United States if the Joseph Biden administration needs to stabilize global energy prices following Russia's military operations in Ukraine, it was announced in Bogotá Thursday.