fuel

Japan to scale back fuel subsidies as Iran war costs mount

2026-10-30T07:26:15.000Z
Scoot’s operating ⁠loss ballooned to S$32 million for the quarter ended Jun 30, from S$17 million a year earlier, as its passenger unit cost rose 21.7%.

State-backed South-east Asia budget carriers handle elevated fuel prices better

2026-10-30T05:11:54.000Z
Singapore Airlines is the first to buy sustainable aviation fuel from Project Beacon, which Aether Fuels is developing in Pulau Bukom.

SIA to buy up to 4,800 tonnes of sustainable aviation fuel from Aether’s Singapore plant

2026-10-29T03:32:36.000Z
Prices of diesel have surged to record highs in many markets, including the US.

IEA to speed up release of oil stocks, including over 20 million barrels of diesel

2026-10-15T15:35:19.000Z
In Asia, Heineken is more dependent on oil coming from the Middle East and has somewhat smaller reserves, said the firm’s Asia-Pacific president Jacco van der Linden.

Rising fuel prices drive up brewing costs in Asia, Heineken says

2026-09-28T07:37:45.000Z
China Aviation Oil’s H1 revenue is down 8.8% year on year at US$7.8 billion, reflecting lower business volume even as higher oil prices provided a partial offset. 

China Aviation Oil H1 net profit falls 17.8% to US$41.1 million on squeezed margins, lower volumes

2026-08-13T07:00:16.000Z
Sinopec bought 30 to 40 shipments, about 241,000 to 320,000 barrels per day, of Russia’s Eastern Siberia-Pacific Ocean blend for July to September deliveries.  

Sinopec steps up Russian oil imports to offset Mideast supply cuts, traders and tracker say

2026-08-06T04:57:13.000Z
Lufthansa sees its adjusted Ebit coming in around 1.7 billion to 2.2 billion euros for the year.

Lufthansa warns 2026 profits could fall amid fuel price volatility

2026-08-04T08:18:46.000Z
This may encourage state refiners to raise output to capitalise on strong export margins, supporting a rebound in oil shipments to China.

China lifts fuel export curbs for July, sources say

2026-07-08T07:40:32.000Z
Malaysian Prime Minister Anwar Ibrahim said the government will continue monitoring the fiscal position and subsidy capacity.

Malaysia may spend nearly RM40 billion on fuel subsidies in 2026, PM Anwar says

2026-07-01T05:02:35.000Z