Soaring jet fuel costs, squeezing profits: Airlines’ ‘Iran’ headache
While the budget carriers have felt the worst of the volatile geopolitics, industry's hedging programmes too faced acid test...
Tag : Jet Fuel
No foreign listing for now as Dangote Refinery eyes retail-focused IPO
The refinery has submitted an application for a USD 5 billion IPO to Nigeria's SEC, with the listing's final size remaining unclear...
Iran war: With just weeks of jet fuel stocks left, how vulnerable is Europe?
Renewed US-Iran strikes threaten to unwind months of frantic effort by European refiners and airlines to keep reserves above crisis levels...
Ahead of IPO, Dangote refinery hits another production milestone
The refinery, owned by Nigerian billionaire Aliko Dangote, ramped up crude processing to 700,000 bpd during a performance test by process licensors...
USD 50 billion loss in 50 days: Iran war upends oil and gas flow
Gulf countries lost about eight million barrels per day of crude production in March, nearly equivalent to the combined production of Exxon Mobil and Chevron...
Jet fuel prices, economic slowdown to hinder aviation sector’s recovery
The increase in aviation travel that followed the removal of restrictions in 2022 is still present in 2023...