It was considered the largest oil-related natural disaster in the history of the world, so it only follows that the fine would be historic too. Gargantuan oil company BP has agreed to pay the largest criminal penalty in U.S. history for ...
The true cost of fossil fuel reaches far beyond what is paid at the gas pump -- the expense of waging war to protect oil interests, governmental corruption, global warming and environmental destruction all are part of the equation. And ...
China's top economic planner on Thursday announced a slash in the per-tonne retail prices of gasoline by 160 yuan ($26.09) and diesel by 155 yuan, starting from Friday. The adjustment will lower the benchmark retail prices of gasoline by ...
Tags: Fuel Prices c, Fuel Prices
China has reduced the retail prices of gasoline and diesel effective midnight Friday by Yuan 160/mt ($26.09) and Yuan 155/mt, respectively, the National Development and Reform Commission said Thursday. At the pump, the resulting ...
Tags: Gasoline, Diesel Prices
Nissan Motor, a Japanese automotive company has tied up with NRG Energy's subsidiary NRG eVgo to expand its electric vehicle charging station, Freedom Station chain across Washington DC, US. Through this plan, eVgo is intending to develop ...
Tags: Nissan Motor, automotive company
Chief engineer of the Lexus LFA program Haruhiko Tanahashi has told of his sadness about the demise of high-revving naturally-aspirated supercar engines, admitting that future supercars will either be turbocharged or hybrids. “I ...
Israel's Dor Chemicals plans to double methanol imports within two years to meet an expected demand surge for blended gasoline, a senior company official said Wednesday. "Imports will reach 200,000 mt/year with the introduction of a 15% ...
Tags: Israel's Dor, Transport Demand
The estimated weekly production margin for a typical US Midwest dry-mill ethanol plant fell 7.81 cents, or 11.23%, this week to an 11-week low of 61.7 cents/gal, according to a Platts estimate based on a review of data. The margin is at ...
Tags: Midwest Ethanol, Chemicals
Now paying less for fuel is more than just a dream, it is a reality for Fuel Rewards Network (FRN) Members. Since the Fuel Rewards Network program launch in June 2012, drivers across the country have saved more than $100 million on high ...
Audi demonstrates its expertise in engine construction with cylinder on demand (COD) technology, which reduces fuel consumption by up to 20 percent. Three gasoline engines already include the innovative cylinder deactivation technology: ...
Tags: COD Technology, Audi
Zhenghe Group recently implemented plans to use modern management to improve benefit calculations and optimization, and effectively promote the efficient running of its production and operations. The company deepened unit effectiveness ...
Tags: ChemChina, Zhenghe Group, efficiency
The Pennsylvania Governor's office announced Thursday that US Steel Corp. is one of 33 recipients of the administration's Alternative Fuel Incentive Grants.The company will receive $52,618 from the state Department of Environmental ...
Tags: USA, steel, award, vehicle fuel
Recently, Mr. Sepahdar Ansari Nik, the managing director of Jam petrochemical complex, presented a comprehensive activity report of the first six months of the year 2013. Having compared Jam petrochemical complex performance in production ...
Tags: Ethylene, Jam Petrochemical
Lexus announces that it will display the all-new “Lexus RC” sports coupe production prototype and a turbo-charged version of its “Lexus LF-NX” compact crossover SUV concept at the 43rd Tokyo Motor Show. The show, ...
China's independent teapot refineries in eastern Shandong province have significantly expanded their capacities in the last few years ahead of an end-2013 deadline set by the government to eliminate smaller plants. In an effort to cool ...
Tags: Teapot, Fuel Oil, Refineries