Tag Archives: fuel

Stockholm, Sweden | Xinhua |  Sweden’s economy is heading for a “grim winter,” the country’s government said here on Monday. “We don’t know yet how cold and grim it will be,” Finance Minister Elisabeth Svantesson said at a press conference here. The government expects Sweden’s gross domestic product (GDP) to …

Paris, France | Xinhua | Strikes in France’s major refineries continued on Monday, leading to fuel-related panics in the country. The strikes at TotalEnergies and ExxonMobil refineries will extend to Tuesday, the General Confederation of Labour (CGT) said. According to the Ministry for Energy Transition, 29.4 percent of service stations …

Paris, France  | Xinhua | The strike continued in TotalEnergies and ExxonMobil refineries, the General Confederation of Labour (CGT) said on Saturday, leading to fuel-related panics in the country. According to the Ministry for Energy Transition, 20.7 percent of service stations were experiencing difficulties with at least one product on Saturday, compared to …

Munich, Germany | Xinhua |  Europe is heading toward a bitter winter as a new disruption of natural gas from Russia aggravates its energy crunch and cost of living crisis. Russia’s largest gas producer Gazprom announced Friday it had stopped gas supplies via the Nord Stream I pipeline for an …

NEWS ANALYSIS | THE INDEPENDENT | The prices of fuel in Uganda, particularly in Kampala have continued to rise, but at a slower rate over the last two months, compared to the sharp increases registered between March and early July. Ordinary motorists in Kampala had predicted that by the start …

  Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni reiterated that the government has no solution to the runaway fuel and other commodity prices. Addressing the country last evening at State House Nakasero, Museveni insisted that contrary to popular calls, it would be a mistake to subsidize or …

Kampala, Uganda | THE INDEPENDENT | The Church of Uganda Archbishop, His Grace Dr. Samuel Stephen Kaziimba Mugalu has asked Christians to preserve and have faith in God amidst the high cost of basic items such as fuel and food prices. He was preaching to the congregation during his pastoral visit …

COMMENT | Samson Tinka |  As of 14th July  2022, fuel pump prices were racing towards a record sh7,000 per litre in Kampala as the fear of disruption to the supply of fuel increased across the country. The timing could not have been worse for the architects of the Parish Development …

Lisbon, Portugal | Xinhua | The Portuguese Council of Ministers announced on Friday a measure to halve the price of gas used for electricity production for both domestic and industrial consumers, who have been severely affected by this year’s electricity price inflation. The mechanism adopted by Portugal after negotiation with …

Addis Ababa, Ethiopia | Xinhua | The Ethiopia Ministry of Trade and Regional Integration (MoTRI) has announced a decision to hike gas prices by 16 percent starting Sunday. The ministry said in a press statement released Saturday evening that the price hike would see gas prices rise from 31.74 Ethiopian …