International Business News - fuel http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Japan's two largest airlines plan to slash the fuel surcharge on tickets between Japan and Hawaii by 34 percent starting Jan. 1. Hawaii tourism officials hope the move by Japan Airlines and All Nippon Airways will encourage more Japanese tourists to visit. http://www.ibtimes.com/articles/20081118/japanese-airlines-plan-to-cut-fuel-surcharge.htm Tue, 18 Nov 2008 18:13:15 EST Bolivian President Evo Morales says any vehicle caught smuggling fuel out of the country will be seized. The South American country is rich in natural gas but suffers chronic fuel shortages. That's because Bolivia heavily subsidizes energy prices. So people illegally export the fuel and resell it for a profit across the border. Gas for heating and cooking is especially hot for resale. http://www.ibtimes.com/articles/20081113/morales-bolivia-to-seize-fuel-smugglers-vehicles.htm Thu, 13 Nov 2008 13:32:44 EST Fuel Tech Inc. cut its 2008 profit and revenue forecasts Monday, saying the global financial crisis lead to weaker sales of its air pollution control systems. http://www.ibtimes.com/articles/20081110/fuel-tech-cuts-2008-outlook-on-contract-delays.htm Mon, 10 Nov 2008 15:43:05 EST Fuel Tech Inc., a combustion technology and engineering services company, said Monday its third-quarter profit more than doubled due to rising sales of air pollution control products. http://www.ibtimes.com/articles/20081110/fuel-tech-doubles-3q-profit-on-air-pollution-sales.htm Mon, 10 Nov 2008 15:40:11 EST Shares of Fuel Systems Solutions Inc., which makes systems that allow vehicles to run on alternative fuels, spiked Friday after the company's third-quarter profit and 2008 sales guidance widely exceeded Wall Street's expectations. http://www.ibtimes.com/articles/20081107/fuel-systems-solutions-shares-jump-after-3q-profit.htm Fri, 07 Nov 2008 19:02:51 EST Fuel Systems Solutions Inc. on Thursday reported a third-quarter profit as the maker of systems that allow vehicles to run on alternative fuels saw improvement in its transportation segment. http://www.ibtimes.com/articles/20081106/fuel-systems-posts-profit-on-transportation-sales.htm Thu, 06 Nov 2008 18:27:38 EST A stretch of Interstate 95 southbound was closed for much of the day Thursday after a tanker truck rolled over, spilling thousands of gallons of jet fuel, injuring three people and forcing the evacuation of 14 nearby homes. http://www.ibtimes.com/articles/20081106/i-95-lanes-closed-in-mass-after-tanker-fuel-spill.htm Thu, 06 Nov 2008 16:33:14 EST The Florida attorney general has filed a $4 million lawsuit against Imperial Majesty Cruise Line LLC for allegedly collecting unfair fuel surcharges from customers. http://www.ibtimes.com/articles/20081105/cruise-line-sued-by-florida-ag-over-fuel-surcharge.htm Wed, 05 Nov 2008 15:43:26 EST It was a great image for the campaign of Proposition 10--a little girl blowing a pinwheel while turning to look at a field full of commercial windmills. http://www.ibtimes.com/articles/20081029/girl-in-ad-for-calif-fuel-initiative-turns-tables.htm Wed, 29 Oct 2008 11:08:52 EDT Royal Caribbean Cruises Ltd. said Friday it's ending fuel surcharges for now for certain cruises because the global price of oil has come down and stabilized. http://www.ibtimes.com/articles/20081024/royal-caribbean-cruises-ends-fuel-charges-for-now.htm Fri, 24 Oct 2008 16:57:19 EDT With the price of a tanker load of jet fuel falling, major airlines are reducing some of the fuel surcharges that they tack on flights between the United States and Europe, according to carriers and experts who track air fares. http://www.ibtimes.com/articles/20081014/airlines-reduce-fuel-fees-on-overseas-flights.htm Tue, 14 Oct 2008 19:13:56 EDT Tennessee and industrial partner DuPont Co. broke ground Tuesday on a research refinery designed to turn corn cobs and switchgrass into ethanol and potentially elevate the Volunteer State into a major player in biofuels. http://www.ibtimes.com/articles/20081014/tenn-dupont-break-ground-on-biofuels-refinery.htm Tue, 14 Oct 2008 18:17:56 EDT Malaysia's government announced a fresh cut in retail fuel prices Tuesday to ease inflation following the recent fall in global crude oil prices. The pump price of gasoline will be slashed by 6 percent to 2.30 ringgit (66 U.S. cents) a liter starting Wednesday, Prime Minister Abdullah Ahmad Badawi said in a statement. Diesel prices will be reduced by 8 percent to 2.20 ringgit (63 U.S. cents) per liter. http://www.ibtimes.com/articles/20081014/malaysia-cuts-retail-fuel-prices-to-ease-inflation.htm Tue, 14 Oct 2008 07:19:12 EDT World Fuel Services Corp., which markets and sells fuel products and services, said Monday its board authorized a $50 million share buyback plan. The company said it may begin repurchasing the shares by early November, following the release of its third-quarter results. World Fuel Services said the timing of the buyback will depend on market conditions, share price and legal requirements. http://www.ibtimes.com/articles/20081013/world-fuel-services-plans-50m-share-buyback.htm Mon, 13 Oct 2008 10:00:03 EDT Northwest Airlines Corp. said on Thursday it is reducing its fuel surcharges on cargo flights in some markets because of the declining cost of jet fuel. http://www.ibtimes.com/articles/20081009/northwest-airlines-reducing-cargo-fuel-surcharges.htm Thu, 09 Oct 2008 11:20:56 EDT Matson Navigation Co., Hawaii's largest ocean shipper, says it is decreasing its fuel surcharge because of recent declines in oil prices. The surcharge for its Hawaii service will drop by 4.5 percentage points to 33 percent starting Oct. 12. It follows last month's reduction of 4.75 percentage points. http://www.ibtimes.com/articles/20081008/ocean-shipper-matson-reduces-fuel-surcharge.htm Wed, 08 Oct 2008 16:49:45 EDT A former Army contractor pleaded guilty Tuesday to stealing nearly $40 million worth of jet and diesel fuel from a U.S. Army base in Iraq and selling it on the black market. http://www.ibtimes.com/articles/20081007/former-contractor-pleads-guilty-to-iraq-fuel-theft.htm Tue, 07 Oct 2008 17:54:33 EDT Germany has returned over 20 pounds of highly enriched uranium fuel to the U.S. for safeguarding from terrorists or potential misuse, the government said Tuesday. http://www.ibtimes.com/articles/20081007/dangerous-spent-fuel-returned-to-us.htm Tue, 07 Oct 2008 12:08:07 EDT Fuel Tech Inc., which makes air pollution control systems, on Monday said it signed a long-term agreement for the supply of chemicals used in two of its programs. http://www.ibtimes.com/articles/20081006/fuel-tech-inks-long-term-chemical-supply-deal.htm Mon, 06 Oct 2008 15:28:14 EDT Federal regulators said Friday they don't plan to try to rid drinking water supplies of a toxic rocket fuel ingredient that's been found in 35 states. http://www.ibtimes.com/articles/20081003/epa-wont-limit-toxic-chemical-in-drinking-water.htm Fri, 03 Oct 2008 17:28:40 EDT