Let's fill the tank! Treasury reactsivate subsidy on IEPS for Magna, Premium, and diesel
Mexico's Ministry of Finance has reactivated fuel subsidies for Magna, Premium gasoline, and diesel, significantly reducing prices for consumers.
Government publishes price table for diesel subsidy; market still analyzes
The Brazilian government has released a price table for diesel subsidies aimed at mitigating the effects of rising international oil prices due to the Iran conflict.
Tinubu courageous to remove fuel subsidy — Otti
Governor Alex Otti praises President Bola Tinubu for his decision to remove the fuel subsidy, suggesting it will ultimately benefit Nigeria.
Kenya: No Clear Framework Guiding Fuel Subsidies, Auditor-General Warns
The Auditor-General of Kenya highlights the absence of a clear governance framework for the country's fuel subsidy program, raising significant concerns over accountability and sustainability.
Lula makes an effort to hold down diesel prices
In response to rising fuel costs due to the war in the Middle East, Brazilian President Luiz Inácio Lula da Silva has implemented a subsidy package to control domestically the price of diesel fuel.
Government extends diesel price-linked subsidy until April, reducing burden on logistics and transportation industries
The South Korean government has decided to extend the diesel price-linked subsidy until April in response to rising fuel costs caused by instability in the Middle East, increasing the subsidy percentage from 50% to 70%.
Australia’s most costly anti-climate policy hits taxpayers for $30m a day as calls mount to wind back fuel tax credits
Australia's fuel tax credits scheme costs taxpayers nearly $30 million a day and faces increasing demands for reform or abolition due to its negative impact on climate policy.
Offshore windfarm contracts to fuel 12m homes in Great Britain after record auction
The UK government has awarded subsidy contracts to offshore wind farms capable of powering 12 million homes, marking a significant step toward a clean electricity system by 2030.
Protests erupt in La Paz over Bolivia's fuel subsidy cuts
Massive protests have erupted in La Paz in response to the government's decision to cut fuel subsidies, leading to rising prices and fears of increased inflation.