Search results
Results from the WOW.Com Content Network
Diesel price in Malaysia jumped by more than 50% on Monday as part of a revamp of decades-old fuel subsidies to tighten government spending and save billions of ringgits annually. The ...
Gasoline and diesel usage and pricing. The usage and pricing of gasoline (or petrol) results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation or subsidy, and the availability of local sources of gasoline (supply). Since fuels are traded worldwide, the trade ...
Caltex is a petroleum brand name of Chevron Corporation used in the Asia-Pacific region, the Middle East, and Southern Africa. [1] Headquartered in Singapore, it is also the brand name of non-Chevron petroleum companies in some countries (such as New Zealand, and previously Australia and South Africa) under a trademark licensing agreement with Chevron.
Prime Minister Najib announced cuts in the subsidies for vehicle fuel, sugar, and gas for cooking that took effect on midnight 15 July 2010. [2]RON95 and RON97 grades of petrol was subject to a price increase of RM0.05 per litre resulting in prices of RM1.85 and 2.10 per litre respectively.
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
Tapis crude is a Malaysian crude oil used as a pricing benchmark in Singapore. Tapis is very light, with an API gravity of 43°-45°, and very sweet, with only about 0.04% sulfur. [1][2] While it is not traded on a market like Brent Crude or West Texas Intermediate (WTI), it is often used as an oil marker or price referencing indicator for Asia ...
Because neighbouring country Malaysia has cheaper pump prices than Singapore, cars registered in Singapore crossing over into Malaysia are legally required to have at least three-quarters of a tank of fuel since 1991 to prevent evading fuel duties, [65] and when filling up in Malaysia, Singaporean-and Thai-registered hybrid and petrol-powered ...
In 2018, Malaysia set a 20% target of renewable energy in the country's energy mix by 2025, an 18% increase from the 2% Malaysia had in 2018. [4] In order to reach the target, the country needs to attract a total of USD 8 billion of investment in renewable energy during this period; for attracting investment the government could improve its ...