Fuel

DPR Clarifies Luhut’s Statement on Fuel Subsidy, Denies Plan for Removal

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Understanding the Dynamics of Fuel Subsidies: Navigating Future Policies Legislative Safeguards on Fuel Subsidy Removal The recent assertion by Bambang highlights a crucial aspect of fuel subsidy governance: legislative oversight. Any removal or alteration of fuel subsidies is deeply embedded in legislative processes, as it directly impacts the state budget. Discussions around fuel subsidies aren’t … Read more

Trump’s Threat to Chevron in Venezuela: Examining the Impact on Oil Licenses and the Future of Energy Operations

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The US-Venezuela Oil Dynamics: A Future Outlook In recent years, the geopolitical landscape concerning Venezuela’s oil industry has consistently been a focal point for international relations, particularly between the United States and Venezuela. Recent statements by former US President Donald Trump have reignited discussions about the impact of US policies on Venezuela’s oil trade and … Read more

NZ First’s Shane Jones joins forces with Australian MPs to fight ‘woke’ banks

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Banks’ Evolving Role in Climate Change Mitigation Banks around the world are actively reassessing their involvement in the fossil fuel industry. Striving to reduce environmental impact and avoid economically stagnant “stranded assets,” these financial institutions are becoming pivotal players in the cultural discourse on climate change. In New Zealand, for example, BNZ has adopted a … Read more

Here’s the frightening news for the petrol price in February 2025

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The Immediate Impact of Rising Fuel Prices on South African Motorists South African motorists braced themselves for startling news regarding petrol and diesel prices earlier this year. A significant contributing factor to this surge includes the depreciation of the rand against the dollar and volatility in global oil markets, exacerbated by unrest in the Middle … Read more

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