Many people collecting leaking gasoline feared dead after tanker crashes, catches fire in Nigeria
Nigerian police Saturday said many people are feared dead after a gasoline tanker veered off the road, caught fire and exploded as people tried to recover fuel. The vehicle crashed in the Odukpani area of the southeastern state of Cross River, just north of the ...
Drivers running on empty say Mexico must fix fuel shortage blamed on massive theft
Hugo Ramirez Sanchez walked an hour to find an open fuel station in the Cuauhtemoc neighborhood of Mexico City, after his car ran out of gasoline. Jorge Mendoza had a stressful 50-minute drive from his home on an almost empty tank. Across central Mexico, drivers ...
French pair invent plastic-to-fuel recycling system fit for African bush
A French actor and a self-taught inventor have designed a low-tech machine that converts plastic waste into diesel and gasoline, which they say could help fight pollution and provide fuel for remote communities in developing countries. Proponents of plastics-to-fuel technology say the sector could be ...
U.S. consumer inflation rises but falling oil prices may slow momentum
U.S. consumer prices increased by the most in nine months in October amid gains in the cost of gasoline and rents, pointing to steadily rising inflation that likely will keep the Federal Reserve on track to raise interest rates again next month. Though overall inflation ...
Gasoline prices continue to maintain multiyear highs on the back of rising crude oil prices, mainly reflecting growing Middle East tensions, and are hitting consumers hard amid the summer holiday season. According to the Oil Information Center, the average retail price of regular gasoline in ...
Liter of regular hits ¥151 in Japan, highest gas price since December 2014
The retail price for regular gasoline is at its highest level since December 2014, the Agency for Natural Resources and Energy said Wednesday. The price had topped ¥151 per liter as of Monday, up ¥1.90 from May 21, on speculation that Iranian oil exports will ...
Nissan says new VC-T gasoline engine could make diesels obsolete
Nissan Motor Co. has come up with a new type of gasoline engine that it says may make some advanced diesel engines obsolete. The new engine uses variable compression technology, which Nissan engineers say allows it at any given moment to choose an optimal compression ...
FTC warns Costco Japan, Baron Park for engaging in gasoline price war
The nation's antimonopoly watchdog has issued a warning to two gasoline retailers, including the Japanese unit of U.S. retailer Costco Wholesale Corp., over a price war that it said could have threatened the activities of competitors. Costco Wholesale Japan Ltd. and Japanese oil products retailer ...
China to supply 1.3 million liters of gasoline to fuel-starved Nepal
Nepal says China will provide it with 1.3 million liters of gasoline to help it cope with severe fuel shortages as a result of restricted supplies from neighboring India. Nepal Oil Corp. official Deepak Baral said Sunday that the gasoline will be brought to a ...
Mazda plans gas fuel efficiency boost to 50 km per liter by 2020 or later
Mazda Motor Corp. aims to enhance the average fuel efficiency of its cars to 45 to 50 km per liter in 2020 or later as part of its efforts to reduce carbon dioxide emissions, according to Chairman Seita Kanai. Kanai said in an interview with ...
