Global: A new kind of 'energy crisis'
"Diesel, for the first time in the history of trucking, is now costing more on a day-by-day basis than labour is," said Jim Mickey, co-owner of Coastal Pacific. "Labour always used to be our biggest cost of doing business. The price of fuel has now eclipsed that."
Global: Crecientes protestas contra alza en los combustibles
Protests against rising fuel prices spread across the world and threaten to escalate by the persistent rise in the cost of oil.
Argentina: Escasez de hidrocarburos
The situation regarding the remaining oil reserves in our country is not what we previously thought. Until a few years ago, after the discovery of large gas deposits in northwestern Argentina, it seemed that the country would have ample gas for about two decades. Unfortunately, between rising consumption and further studies of the reserves, these predictions were not fulfilled, although the country has more gas than oil.
Argentina: Argentine industry faces blackouts and more to come
Argentina again faces a winter shortage of energy and has been forced to cut the provision of natural gas to 300 manufacturing establishments given the rise in domestic consumption of fuel for home heating.
Argentina: Se acentúa en la Región la falta de combustible
The largest shortage is evident in diesel. But also in naphthas. And at service stations that have reserves large queues of up to one hour for fill ups are formed.
Argentina: Estaciones de servicio cerradas y largas colas para cargar nafta
Although people are tired of the difficulties to get diesel, at this stage, when you see a long line of vehicles waiting at a service station it is a sign that at least "something" is going on to be able to fuel up.
India: IOC to restrict supplies to cut losses: report
Indian Oil Corporation (IOC) would ration supplies in order to cut revenue losses, according to a business daily. IOC has reportedly decided to restrict supplies of auto fuels to whatever is domestically available as it is facing losses of Rs3bn per day on sale of petrol, diesel, kerosene and domestic LPG.
India: Demand for fuel spirals as price rise fear forces shortage
Just as district supply officers are maintaining that the supply of petrol and diesel was normal, most petrol dealers in the city were unable to meet the surge in demand on Wednesday. Many petrol pumps ran dry by noon and “No stocks” boards were seen at many places such as Koregaon Park, FC Road, Baner and Aundh.
Iran: Iran drought forces power cuts
Iran is facing a summer of power cuts after a severe drought slashed output from its hydroelectric power plants, the energy minister warned, according to press reports on Thursday.
"The electricity shortage and the cuts will multiply before the start of summer," Energy Minister Parviz Fattah was quoted as saying by the Mehr news agency.
Pakistan: Karachi power plant out of order for ninth day
Karachi's lone nuclear power generation plant remained out of order for ninth consecutive day on Wednesday, worsening the problem of prolonged and frequent electricity outages in this mega-city.
Pakistan: Govt committed to meeting power shortfall: minister
The government has been working energy policy to meet the ongoing power shortfall, federal minister for Water and Power, Raja Pervez Ashraf said Wednesday.
“The government has adopted an open policy for private sector to come and invest in the energy sector so that the country will come out from the energy crisis,” he said.
Paraguay: Petropar asegura que no habrá escasez de diésel
The chairman of Petropar, Alejandro Takahashi confirmed that-because of what he called logistical problems-the provision of diesel will arrive late, but assured that the problem will be overcome this weekend.
South Africa: Students lose battle for power
Hopes by students at the University of Venda to have an alternative source of power supply during load shedding were dashed yesterday when the Thohoyandou high court ruled against the proposal.
The ruling comes after student organisations took the institution and Eskom to court last month to seek relief during load sheddings.
UAE (and region): Shortfall in the pipeline
To one senior oil industry official, "it's a fascinating and somewhat bizarre phenomenon". To another it simply "looks a bit weird". But for Middle East states, the dynamic the two are describing is deadly serious - the globe's most hydrocarbon-rich region is facing the prospect of critical shortages of gas.
UK: Britain faces regular blackouts and rising bills as electricity ...
Britain faces the danger of repeated blackouts as clapped-out and crumbling power stations suffer a series of failures, it was claimed yesterday. More than 500,000 homes lost electricity for several hours after two major sites shut down suddenly on Tuesday.
