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  • November 28, 2014
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Results 1 - 9 of 9 for gasoline and diesel usage and pricing

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  1. Why diesel prices stay high

    Posted Nov 16th 2011, 12:00am

    ... Amy Nip amy.nip@scmp.com When it comes to oil prices, what goes up doesn't necessarily come down- or at least not by as much. Local retail price for diesel jumps when international ... they said were unfair pricing practices by oil companies, compared local diesel prices with the Brent crude oil price from January 2007 to July this year. It found the drivers were right up ...

  2. CLP Power seeks 2.8pc rise in tariff

    Posted Nov 23rd 2011, 12:00am

    ... prices and inflation in material costs. CLP Power, which has 2.3 million users in Kowloon, the New Territories and Lantau, is also reviewing its tariff structure for non-residential users, who ... obligations to cut pollution and make supply more reliable would require extra investment in infrastructure, aside from inflation. A person familiar with the situation said international prices ...

  3. CLP Power seeks 2.8pc tariff rise for fuel, network costs

    Posted Nov 23rd 2011, 12:00am

    ... Cheung Chi-fai chifai.cheung@scmp.com The biggest power supplier has proposed increasing the electricity tariff by more than 2.8 per cent for next year, citing the rising fuel price ... on the tariff level, she said. A person familiar with the situation said international prices for fuel, such as coal, increased by 30 per cent last year, while material costs recorded double-digit ...

  4. KMB may seek fare rise after HK$16m loss

    Posted Aug 19th 2011, 12:00am

    ... if a HK$489.1 million gain arising from the disposal of an interest in an industrial site in Kwun Tong is stripped out. KMB blamed higher fuel prices, saying the cost of sulphur diesel jumped 43.1 per ... a view as to the duration and magnitude of the current trend of high fuel oil prices,' KMB said. 'However, if this trend persists and in the absence of other effective mitigation ...

  5. Officials in quandary on prices of vegetables

    Posted Apr 26th 2011, 12:00am

    ... Sciences' Rural Development Institute, agreed that high transport costs, which include increasing diesel fuel prices, and rising rent for stalls in markets had offset the wholesale price drops. ... Mandy Zuo Mainland officials are dealing with a tough balancing act: cracking down on price rises to curb inflation while also starting a campaign against the sagging prices of farm ...

  6. KMB, Long Win bus fares to rise as much as 3.6pc

    Posted Apr 20th 2011, 12:00am

    ... cents more or not be affected. The increases were not enough to offset rising fuel prices, KMB said. 'The fuel [oil] price has risen by 60 per cent to the current level of HK$138 per ... in July last year. It said the increase was necessary because of soaring fuel prices, the cost of buying new buses, pay rises and increases in operating costs. 'Looking ahead, both companies ...

  7. Domestic refiners win some relief with fuel price rise

    Posted Apr 08th 2011, 12:00am

    ... in the face of high crude prices, according to analysts. The National Development and Reform Commission (NDRC) has raised petrol prices 6.2 per cent to 8,580 yuan (HK$10,194) a tonne, diesel 5.5 per ... crude oil starts to be processed. By then another increase is likely.' He predicted that petrol and kerosene prices may rise substantially but the increase for diesel could be smaller. ...

  8. KMB makes no headway in push for fuel subsidy

    Posted Aug 05th 2011, 12:00am

    ... only 10 HK cents as rising fuel prices ate into revenues. 'Fuel used to make up just about 8 per cent of our expenses. Now it is 23 per cent,' Auyang said. 'The government said ... Auyang said the company proposed the fund to ensure that volatile fuel prices would not have a significant impact on the fares it charges. Bus operators can apply for fare rises under a formula ...

  9. Fresh food sales fall as spending gap gets bigger

    Posted Aug 02nd 2011, 12:00am

    ... cent drop in May and a 14 per cent fall in April. Sales volumes at supermarkets also fell by 3.5 per cent in June, although surging prices meant their sales rose 12.6 per cent year-on-year. Escalating fuel prices meant that volume growth was far behind the growth in the value of sales. Mak said the falling consumption meant many restaurants and fast-food chains were beginning to realise ...



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