MOTORISTS will have to fork out even more cash when they go to the pumps this week as gas prices have increased yet again. The prices of 87 and 90 gasoline have risen by $1.10 and will be sold for $105.94 and $107.59 per litre respectively. Propane Liquid Petroleum gas has increased by 44 cents [...]
Shell gas operator, Cool Petroleum is pumping US$2 million (J$175 million) into capacity upgrade of its Rockfort Kingston facility but denies those plans include construction of a refinery despite getting state approval for such a facility. The upgrade will allow Shell, with one of the largest
Gasolene prices will go up by $1.10 this week. Effective tomorrow, it will cost $105.94 to buy a litre of E-10 87 gasolene while E-10 90 gasolene will be sold for $107.59 per litre. In the meantime, the prices of other products have been cut. The price of automotive diesel oil will move down [...]
THE Government is to get a US$995,000 ($86.6 million) dividend payment from Jamaica Public Service Company (JPS) in two weeks. The light and power company notified the Jamaica Stock Exchange (JSE) that its board approved a final ordinary dividend payment of US$5 million payable on April 16, 2012. The Government, through the Accountant [...]
Rising gasolene prices have become a campaign issue in America, as speculation about tensions in the Middle East has exerted pressure on oil prices. Contenders for the Republican Party nominee are promising to cut America's dependence on foreign oil, exploiting the emotional response of United States (US) consumers to the threat of high fuel [...]
Energy Minister Phillip Paulwell says PETCOM has been removed off the list of entities to be divested.
LIKE so many of us, I have deep concerns for the preservation of our environment. For how we can balance all the elements to ensure that our basic needs are met - food, shelter, clean drinking water, fresh air. I want it all. But what to do when it appears that the two ideals [...]
FORMER MINISTER of Finance Audley Shaw said on Wedsnesday that being absent from government has allowed him the opportunity to engage in deeper thinking. Shaw made the comment while making his contribution to a debate on the third supplementary estimates in the House of Representatives. "I am not going to be intimidated at the [...]