Orlen is not the only one, it is not possible to fill up with gasoline without a higher component of bio-alcohol. And does it matter at all? | Currently.cz

Orlen is not the only one, it is not possible to fill up with gasoline without a higher component of bio-alcohol.  And does it matter at all?  |  Currently.cz

Orlen Unipetrol is the dominant fuel supplier for filling stations in the Czech Republic. Most brands will switch to 95-octane gasoline with a higher proportion of biocomponents at the same time that Unipetrol’s refinery starts production. That is, with January of next year. But motorists are worried unnecessarily, for new cars it is not a … Read more

Gold Surges Past $2,000 Mark on Concerns of Middle East Conflict and Iran Involvement

Gold Surges Past ,000 Mark on Concerns of Middle East Conflict and Iran Involvement

Gold breached the psychological $2,000 mark for the first time since May on concerns surrounding the Middle East conflict for a longer-term war involving other parties to the conflict, most notably Iran. Gold rose as much as 1.2 percent to $2006 after the Israeli army said it was expanding its ground operation in the Gaza … Read more

Oil Price Tomorrow: Update and Comparison from PTT, Bangchak, Shell, and PT Gas Stations in Czech

Oil Price Tomorrow: Update and Comparison from PTT, Bangchak, Shell, and PT Gas Stations in Czech

‘Oil price tomorrow’ 27 Aug. 23 Update the latest oil prices Gasoline, gasohol and diesel group czech oil price From 4 gas stations PTT or OR, Bangchak, Shell (Shell) and PT ‘Update oil price tomorrow’ (27 Aug. ’23) latest oil price From 4 major gas stations PTT, Bangchak, Shell, PT are as follows Oil price … Read more

Consequences of Increased Excise Duty on Diesel and Potential Stabilization of Diesel and Gasoline Prices

Consequences of Increased Excise Duty on Diesel and Potential Stabilization of Diesel and Gasoline Prices

The government wants to push through an increase in excise duty on diesel by 1.5 crowns per liter. For the bill to be valid, it must be approved by the Senate and signed by the President. What possible consequences do you expect? VAT must be added to this. You can expect only one thing, and … Read more

Oil Companies Likely to Reduce Petrol and Diesel Prices Once Losses Are Recouped: Report

Oil Companies Likely to Reduce Petrol and Diesel Prices Once Losses Are Recouped: Report

New Delhi: Reportedly, oil companies are preparing to reduce the price of petrol and diesel. Quoting government sources, the report cites that the prices are about to be reduced once the companies have recouped their losses and started to reach normal levels. It is known that a decision will be taken in this regard soon. … Read more

“Oil Producing Countries Cut Production Leading to Increase in Petrol Prices in UAE”

“Oil Producing Countries Cut Production Leading to Increase in Petrol Prices in UAE”

Abu Dhabi: Global oil prices rose as oil producing countries cut production. Oil prices have increased by more than five percent in the UAE. The increased retail petrol prices will be effective from May. In April, the UAE, Russia, Algeria and Kazakhstan and the GCC countries announced oil production cuts of 1.64 million barrels per … Read more

“The Battle between Fossil Fuel Sustainability and the Electrification of Transportation: Long-Term Forecasting for the Global Energy Mix”

“The Battle between Fossil Fuel Sustainability and the Electrification of Transportation: Long-Term Forecasting for the Global Energy Mix”

Amid the trillions of dollars invested in renewable energy capacity, the share of oil and gas in the global energy mix has declined by just a few percentage points Predicting what an industry will look like 20 or more years from now has always been a challenge. There are always unforeseen factors that have the … Read more

Global Oil Prices Surge Following Surprise Production Cuts by Leading Producers

Global Oil Prices Surge Following Surprise Production Cuts by Leading Producers

Global oil prices rose after several leading producers, led by Saudi Arabia, surprisingly announced production cuts, AFP reported. Crude futures rose nearly eight percent, a day after several OPEC+ members unexpectedly announced production cuts totaling more than one million barrels a day. The shock production cuts will begin in May and continue until the end … Read more

At first glance, this station wagon appears ordinary, but it once belonged to a renowned actor.

At first glance, this station wagon appears ordinary, but it once belonged to a renowned actor.

Few people really get their heads around Volvo – although they like to praise the Swedish brand for its reliability – the 740 station wagon, which once belonged to the partially Hungarian Paul Newman, definitely deserves some attention. During his acting career, which spanned from 1951 until his death in 2008, he won Oscars, Golden … Read more

The world’s largest oil company reports a record: annual profit of $161.1 billion for 2022.

The world’s largest oil company reports a record: annual profit of 1.1 billion for 2022.

Oil giant Saudi Aramco reported a record annual profit of $161.1 billion for 2022, up 46% from the previous year. This was due to higher energy prices, increased sales volumes and improved margins for refined products. Oil prices in 2022 rose on worries over the war in Ukraine, then fell on weaker demand from top … Read more