Fuel prices have risen for five consecutive months this year following the government's cessation of the excise tax subsidy in December 2023, a key factor influencing fuel costs. The current price, effective until Saturday night, is the highest since July 2022, when it was 8.08 shekels. Gad ...
Aviation Fuel Market size was valued at USD 284.14 Billion in 2024 to USD 902.35 Billion by 2032, growing at CAGR of 13.7% during the forecast period 2025-2032
StickyAugust 19, 2023pfotyuthzgrrFuel.high prices of fuel, High Fuel Costs, Petrol Consumption, Tips to Reduce Fuel Consumption The COVID-19 pandemic made it possible for us to turn our backs on petrol. While doing so had brought down the price of fuel, the related conditions that led to...
Get Price Break-up Now Automotive Fuel Cell System Industry Segmentation An automotive fuel cell system generates electricity by combining hydrogen and oxygen through an electrochemical process. It powers electric vehicles, emitting only water vapor, making it a promising clean and sustainable transport...
"It involves a well-knit syndicate comprising logistics companies, truck drivers and rotten apples in the system that capitalise on price differences in SADC, taxation mismatches and regulation laxity. "There is so much fraud going on, like adulteration and tax evasion. Most of the smuggled fuel...
instance, in December 2022, Toyota announced its plans to develop a hydrogen fuel cell version of its best-selling Hilux pickup. In addition, Toyota announced plans to produce hydrogen fuel-cell modules to replace heavy-duty diesel engines in Class 8 semi-trucks in 2023. Such developments ...
December 2023:Toyota Motor Europe announced its plan to establish local business operations for hydrogen-based products in the European continent. The Hydrogen Factory Europe will ensure a coordinated approach to the commercialization of hydrogen technology and systems in the region, ranging from developme...
In December 2023, Innospec Inc. acquired QGP Química Geral, a specialty chemicals company in Brazil. This acquisition expanded Innospec's manufacturing and customer service base in South America and added new specialty chemicals to its global portfolio. In August 2023, Infineum International Limited...
starting at the end of 1973. Part of the problem was the fact that US oil production began to fall in 1971, necessitating the use of more imported oil, year after year. Another issue was that world oil production could not keep up with the high demand, give...
Hong Kong-China has released the full details of a fuels price and tax reform package that will be implemented in January, including the increase in consumption tax for oil products other than gasoline and gasoil, which were released earlier this month. According to a circular published December...