Fossil fuel transition News

Latest conceptually matching events and reports for Fossil fuel transition.

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Local News

Sri Lanka’s Fuel Import Spending Spikes: CPC Reports Significant Increase in 2026 Outlays.

May 18, 2026 at 4:07 AM

Sri Lanka's Ceylon Petroleum Corporation (CPC) has faced a sharp rise in fuel import costs, settling two-thirds of its projected 2026 annual bill within the first four months alone, driven by global market volatility.

18 sources

Sri Lanka’s Fuel Import Spending Spikes: CPC Reports Significant Increase in 2026 Outlays

Image Credit : magzter.com

Local News

Image Source : newswire.lk

Sri Lanka Secures Fuel Stocks Through August Amid Strategic Energy Planning.

May 16, 2026 at 3:49 AM

16 sources

India

Image Source : newindianexpress.com

India Implements Significant Fuel Price Hike Amid Global Market Volatility.

May 15, 2026 at 6:15 AM

9 sources

United States

Rising Fuel Costs Deepen Economic Divide in the United States.

Recent data from the New York Federal Reserve highlights a K-shaped economic divide, where soaring gas prices disproportionately force lower-income households to reduce fuel consumption while higher earners maintain their habits.

May 6, 2026 at 3:44 PM

8 sources

President Dissanayake Signals Potential Adjustment to Fuel Prices Amid Global Market Pressures

Image Source : ft.lk

Local News•

May 1, 2026 at 2:48 PM

President Dissanayake Signals Potential Adjustment to Fuel Prices Amid Global Market Pressures.

President Anura Kumara Dissanayake has signaled that small increases in fuel prices may be unavoidable due to rising global costs and Middle East instability, despite significant government subsidies currently in place.

12 sources

Economy

Navigating Energy Volatility: The Imperative for a Resilient Green Transition.

April 7, 2026 at 7:55 AM

Recent global crises have underscored the urgent need to balance climate goals with energy security and affordability, highlighting that the path to a green economy is complex and prone to geopolitical shocks.

9 sources

Navigating Energy Volatility: The Imperative for a Resilient Green Transition

Image Credit : weforum.org

Local News

Boosting Export Continuity: EDB and CPC Strategize on Fuel Supply Solutions.

The Export Development Board and Ceylon Petroleum Corporation have held a critical discussion with export industry stakeholders to address fuel distribution challenges and ensure prioritized supply for key sectors.

April 2, 2026 at 6:45 AM

11 sources