The fiery critique signals a sector losing patience with climate goals as costs rise and real progress slows. The head of the International Air Transport Association (IATA), Willie Walsh, is blaming ...

LONDON (Reuters) - Refining margins for fuel oil look set to fall deeper into the red as traditional demand sources dry up due to fuel switching. Sinking profit margins are particularly bad news for ...

NEW DELHI, May 17 (Reuters) - India's biggest oil refiner and fuel retailer Indian Oil Corp could slow some domestic expansion projects as the company incurs heavy losses on the sale of subsidised ...

Most of the world’s airlines are not doing enough to switch to sustainable jet fuel, according to a study by Brussels-based advocacy group Transport and Environment, which also found too little ...

Korean Air's third-quarter profit sank about 18% to KRW126 billion (US$134 million) from KRW154 billion last year as strong international traffic and yields could not offset higher fuel costs and slow ...

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) said on Wednesday that fuel shortages and road closures are significantly slowing the humanitarian response in the Gaza ...