fuel Archives - Page 2 of 6

Suncor to keep its Petro-Canada retail fuel business

By GFM Network News November 29, 2022

Reuters — Suncor Energy on Tuesday said it will retain its Petro-Canada gas station retail business following a review the company initiated earlier this year under pressure from activist investor Elliott Investment Management. Suncor replaced its CEO in July and agreed to review its retail fuel unit by the end of this year after Elliott […] Read more

File photo of tea plantations in Sri Lanka. (Dmitrii Anikin/iStock/Getty Images)

Crops, Reuters

Rajapaksa dynasty draws to humiliating close in Sri Lanka

Food shortages, fertilizer ban among flashpoints

By GFM Network News July 13, 2022

Colombo | Reuters — The Rajapaksa dynasty dominated Sri Lankan politics until April when street protests against fuel and food shortages began to slip out of control. President Gotabaya Rajapaksa fled the country early on Wednesday, leaving no one from the once-illustrious family in a position of power. The president vowed last month to stay […] Read more

General, Machinery, Markets

‘Petro-plectic’ anger rises toward fuel prices

Fuel refiners seen booking 'epic' revenues

By GFM Network News June 7, 2022

MarketsFarm — Fuel prices are very likely to continue to increase with summer approaching, according to Tom Kloza, the Florida-based global head of energy analysis for Oil Price Information Services. “I wish I could say there’s a light at the end of the tunnel, but I would say right now, it’s just a flicker,” he […] Read more

EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)

Crops, Reuters

EU offers farmers aid, more land to grow due to Ukraine war

By GFM Network News March 23, 2022

Brussels | Reuters — The European Union will distribute 500 million euros (C$692 million) to help farmers and allow them to grow crops on fallow land to mitigate food price spikes and potential shortages resulting from Russia’s war in Ukraine. Published on Wednesday, the proposals by the EU’s executive European Commission also include assistance to […] Read more

NYMEX May 2022 West Texas Intermediate (WTI) crude oil (candlesticks) with Bollinger bands (20,2). (Barchart)

General, Machinery, Markets

Fuel prices may remain high beyond Russian invasion, expert says

By GFM Network News March 22, 2022

MarketsFarm — The decision by the U.S. to halt the import of Russian petroleum products due to the country’s invasion of Ukraine created sticker shock at the pumps in North America — but an end to that invasion would not necessarily mean an end to high fuel prices. On March 15, the average price of […] Read more

Parts are already in short supply in Ukraine, and farmers are stockpiling and lending and borrowing amongst themselves. (Ihor Pavliuk photo)

Crops, Machinery

Farming behind the lines in Ukraine

A Ukrainian agriculture journalist chronicles the challenges of sowing a crop during wartime

By GFM Network News March 18, 2022

Ukrainians will farm their land, even in the face of war. In the Kherson area of southern Ukraine, where war rages and the city of Kherson is seen by the Russian invaders as strategic, a column set out on Monday. This was a column of tractors, under the flag of Ukraine. In it were farmers […] Read more

File photo of cropland in Greece. (Urbazon/iStock/Getty Images)

General, Markets, Reuters

Greek farmers stage tractor protest against soaring energy costs

By GFM Network News February 4, 2022

Larissa | Reuters — Farmers in central Greece on Friday protested with hundreds of tractors against soaring energy costs, dismissing government support measures as inadequate and demanding more help to cope with rising prices. The farmers parked tractors on a national highway near the town of Larissa in central Greece, where they faced off with […] Read more

A restoration company vehicle sits in a flooded field at Abbotsford, B.C. on Nov. 30, 2021. (Photo: Reuters/Jennifer Gauthier)

General, Reuters, Weather

British Columbia braces for more heavy rain

By Reuters, GFM Network News December 1, 2021

Ottawa | Reuters — British Columbia is facing more heavy rains as the province tries to recover from massive floods and mudslides, Public Safety Minister Mike Farnworth told reporters on Tuesday. Farnworth said crews were working to shore up dikes and dams, adding some roads would be closed protectively. Flooding over Nov. 14-16 in Canada’s […] Read more

Prime Minister Justin Trudeau is shown maps by Abbottsford, B.C. Mayor Henry Braun during a visit to the city on Nov. 26, 2021. (Photo: Reuters/Jennifer Gauthier)

General, Machinery, Reuters, Weather

B.C. extends fuel restrictions following flooding

Agricultural and farm-use vehicles exempted as 'essential'

By Reuters, GFM Network News November 30, 2021

Reuters — Government officials in British Columbia on Monday extended restrictions on the use of fuel by residents, saying it was needed for emergency vehicles as the region recovers from devastating floods. The order, first issued on Nov. 19, limits vehicles deemed “non-essential” by the government to 30 litres of gasoline or diesel fuel per […] Read more

File photo of containers at a seaport in Jakarta. (Leolintang/iStock/Getty Images)

General, Markets, Reuters

APEC ministers call for curbs on farm, fuel, fishing subsidies

By GFM Network News November 10, 2021

Washington/Wellington | Reuters — Pacific Rim trade and foreign ministers on Tuesday pledged to sustain the recovery from the coronavirus pandemic while pursuing talks to curb subsidies for fisheries and agriculture at a forthcoming World Trade Organization meeting. The ministers from the 21 Asia Pacific Economic Cooperation (APEC) countries said in a communique issued after […] Read more

Daily Network News

USDA attachés forecast some changes in China’s oilseeds, cereals

China urges hog producers to manage output, vows timely reserve adjustments

Farm Credit Canada offers aid to farmers, companies affected by Iran war price spikes

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