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German coal plant becomes focal point of climate protests

Bloomberg Uniper SE’s controversial new German coal plant is opening at a time when the fuel has never been more unpopular. Datteln-4 has drawn international condemnation from teenage activist Greta Thunberg to Greenpeace at a time when many countries are trying to slash their emissions. The environmentalists aren’t buying the argument that the new plant is more climate friendly than ...

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Venezuela raises gasoline prices in policy shift

Bloomberg Venezuela’s President Nicolas Maduro said fuel prices would increase starting in June, a historic policy shift after decades of subsidies that have allowed Venezuelans to essentially fill their tanks for free. Gasoline will be sold at 5,000 bolivars (2.5 US cents) per litre at gas stations nationwide starting from Monday, including 200 stations that will sell premium fuel at ...

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S Africa diesel dearth to lift as refining restarts

Bloomberg A shortage of diesel fuel in South Africa will ease up in a few weeks when about 30% of its refining capacity, idled because of a drop in demand spurred by the Covid-19 lockdown, will return to service. Sasol Ltd and Total SA shut the Natref refinery in April after the government restricted economic activity to curb the spread ...

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