Tag: fuel prices

Cyprus government getting flack for higher fuel prices after boosting biofuel blend

Cyprus government getting flack for higher fuel prices after boosting biofuel blend

January 21, 2020 |

In Cyprus, local press reports that the government is coming under fire for boosting the amount of biofuel blended with fuels in order to comply with the European Union’s Renewable Energy Directive that calls for 10% renewable energy in transportation by 2020. Last Friday that blend was increased to 7.3% from the previous 5% which […]

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France looks to ethanol as solution for high fuel prices

France looks to ethanol as solution for high fuel prices

January 30, 2019 |

In France, Reuters reports that public upset over rising fuel prices has also increased demand for crop-based biofuels. Consumption of E10 in 2018 rose to 43% market share versus 39% the year prior while sales of flex-fuel conversion kits have also risen, leading to 55% more E85 sales year-on-year. Even with the huge demand increase […]

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Indonesia flipping back and forth on raising fuel prices

Indonesia flipping back and forth on raising fuel prices

October 10, 2018 |

In Indonesia, on the back of rising petroleum prices, the Jakarta Post reports that Pertamina raised fuel prices for non-public service obligation (PSO) biodiesel blends and regular gasoline. PSO fuel prices remained unchanged. The company said that it wasn’t going to raise fuel prices in regions recently hit by back-to-back natural disasters. Just a few […]

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