#fuel oil
2 articles with this tag
EconomyEgypt Pivots to Fuel Oil for Power Plants Amid Soaring Natural Gas Prices
Egypt is increasing its use of fuel oil for electricity generation, shifting from natural gas due to soaring global prices. This move offers significant cost savings despite lower efficiency, with fuel oil costing approximately $16.10 per million BTU compared to natural gas at around $30.
Egypt Independent|October 19, 2026
EconomyGlobal Shipping Threatened by Severe Fuel Shortages Amid Ongoing Wars in Iran and Ukraine
Global shipping faces a mounting crisis as wars in Iran and Ukraine, coupled with refiners prioritizing diesel, trigger a severe shortage and price surge in essential ship fuel.
Al Jazeera English|September 7, 2026|1