Fuels, the price of which has risen by roughly three crowns per liter since the end of February, were last more expensive last fall. Gasoline and diesel are the most expensive in Prague, Natural 95 is sold for 40.44 crowns per liter on average. Diesel in the metropolis costs 40.13 crowns per liter on average. … Read more
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Ukraine has carried out a series of drone attacks aimed at harming Russia’s oil industry. It is reported that until March 17, successful attacks have taken place on 12 Russian oil refineries in several regions deep inside Russian territory. On April 2, Ukraine also attacked one of Russia’s largest oil refineries in Nizhnekamsk, Tatarstan, located … Read more
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On February 7 of this year, the responsible services of Latvia received information about the oil spill from the Būtingės oil terminal in Lithuania. After the spill, two pollution areas of 0.24 square kilometers (km2) and 0.06 km2 were found in Latvian sea waters. As the head of VVD public relations Aija Jalinska informed the … Read more
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According to “Global Witness” data, such oil companies as BP, “Shell”, “Chevron”, “ExxonMobil” and “TotalEnergies” have earned 281 billion dollars since the beginning of the war in Ukraine in February 2022. British companies BP and “Shell” have earned a total of 94.2 billion dollars since February 2022. According to Global Witness, this amount is enough … Read more
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“Many more oil and gas companies made concessions on methane and emissions for the first time. Our final agreement talks about fossil fuels.” This was announced last year at the closing plenary session of COP28 by the president of the conference, Sultan Ahmed al-Jaber, who is also the head of the Abu Dhabi National Oil … Read more
The best-selling Natural 95 cost an average of CZK 36.08 per liter on Wednesday, according to CCS, the same as diesel. The movement of prices has been minimal since the second week of January, in the last seven days the price of petrol has increased by seven pennies and diesel has not changed at all. … Read more
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The pandemic, the war started by Russia in Ukraine, the greed of oil-producing countries, etc. have contributed to more than one upheaval in the energy sector in recent years. We have experienced both a wild jump in the prices of gas and electricity, and we have also worried whether gas and other fuels will be … Read more
Fuels in the Czech Republic have been getting cheaper since the beginning of October, gasoline was the cheapest in more than two years last week, diesel since last August. According to analysts, the rise in oil prices is behind the reversal of the trend. “Oil halted its decline hand in hand with wholesale fuel prices. … Read more
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In mid-December, the US Energy Information Administration reduced the price of “Brent” brand crude oil in the North Sea, as well as the bank “Goldman Sachs” significantly reduced the oil price forecast for 2024. Only a month ago, the agency predicted that a barrel of oil would cost an average of 93 dollars next year. … Read more
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