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Petrol and diesel prices continue to rise as concerns grow over US-Iran ceasefire
"Based on the fuel industry's rule of thumb of a 10 to 14-day lag between wholesale cost movements and those at the pump, drivers should…
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petrol
Culture
More Singapore drivers plan to return to petrol cars as EV interest dips: EY study
Respondents cite lingering anxieties over charging infrastructure and hidden costs As many as 32 per cent of Singapore respondents in an…
Business
EU waters down plans to end new petrol and diesel car sales by 2035
The European Commission has watered down its plans to ban the sale of new petrol and diesel vehicles by 2035. Current rules state that new…
News
Shell agrees to buy 100,000 barrels of petrol from Indonesia's Pertamina amid shortage
Fuel retailer Shell has agreed to buy 100,000 barrels of petrol from Indonesia’s state energy firm Pertamina, the country’s deputy energy…
Business
Chandra Asri gets US$750 million from KKR to buy ExxonMobil’s Singapore petrol stations
Indonesia’s Chandra Asri Pacific said on Monday (Nov 17) that it has secured a bespoke US$750 million financing package from investment…
Business
As EVs dominate, why are Esso petrol stations being acquired and what will the future look like?
The purchase of petrol stations – a ‘sunset’ industry – comes at a time where EV-maker BYD is outselling long-time king Toyota Indonesia’s…
Culture
EVs put an end to China’s usual holiday surge in petrol use
Tianyu Jiang took a 2,000-km road trip this month during China’s national holiday week, driving in his electric vehicle from the…
Business
Indonesia’s Chandra Asri to buy ExxonMobil’s Singapore Esso petrol kiosk chain
Chandra Asri Pacific on Friday (Oct 24) said it would acquire ExxonMobil’s network of Esso-branded retail fuel stations in Singapore. The…
Business
Singapore-Registered Car Causes Chaos at Johor Petrol Station After Driving Off with Pump Still Attached
A Singapore-registered car pulled down a petrol kiosk booth after driving away from the kiosk with the petrol pump still in the car.…
Business
Indonesia’s Pertamina says fuel retailer Vivo agrees to purchase petrol
Indonesia state energy firm Pertamina said that fuel retailer Vivo Energy Indonesia (Vivo) has agreed to buy 40,000 barrels of petrol, out…
News
Malaysia cuts RON95 petrol price to RM1.99 a litre ahead of Sabah state election, Budget 2026
Malaysians will soon pay less at the pump than before, after Prime Minister Anwar Ibrahim cut the price of RON95 petrol to RM1.99 (S$0.61)…
Business
Glencore JV in talks to buy Exxon's 59 Singapore petrol stations worth US$1 billion
The sale would allow the American oil major to deploy more capital in areas of higher growth potential — Aster Chemicals and Energy, a…
News
Oil steady on strong petrol demand, Red Sea attacks while Trump tariffs loom
Oil prices were steady on Wednesday as investors weighed strong US petrol demand data and attacks on shipping in the Red Sea, while US…
Business
After petrol, China’s oil refiners face a jet fuel glut
China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already dealing with…
Business
UK inflation falls as price of petrol drops
Faarea Masud BBC Business reporter Falling petrol prices drove UK inflation down by more than expected in the year to March. Inflation was…
News
Newspaper headlines: Petrol car ban eased and US to 'press on' with tariffs
Billed by the Guardian as the prime minister's "first significant intervention" since President Donald Trump's announcement of US import…
News
Rules on UK car firms relaxed ahead of 2030 petrol vehicles ban
The government has said it is stepping in to help the British car industry by making the rules on manufacturers going all-electric more…
Business
ExxonMobil considering sale of Singapore petrol stations for US$1 billion: sources
THE largest bloc of petrol stations in Singapore may soon hit the market. US energy major ExxonMobil – which is believed to have 59 petrol…
Business
China’s EV boom threatens to push petrol demand off a cliff
From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with charging posts in…
Business
Study shows electric and petrol car prices narrowing in Germany
A man plugs an ID.5 GTX into the charging station. The price gap between electric cars and comparable combustion engine models in Germany…
Business
Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed
ABUJA, Nigeria (AP) — When Nigeria's President Bola Tinubu ended the costly subsidies that made petrol affordable for many in Africa's…