Technology firm Rolls-Royce is in a bid to test aircraft that use both electricity and fuel in 2021 which will mark a major milestone in the industry. The move will help to ease carbon emission and reduce the impact of climate change that the world is grappling with. The firm is hiring hybrid-electric propulsion systems
Global airlines recently slashed their forecast for industry profits in 2018 on a spike in fuel costs, while warning higher interest rates and a host of geopolitical tensions would add to operating risks. The International Air Transport Association (IATA), which represents about 280 carriers, said the industry is expected to post a $33.8 billion profit
Indigenous oil marketing company, Zen Petroleum, has successfully imported and stocked its depots with fuel that has Sulphur contents of 38 parts per million (PPM) for onward retail to customers across its stations nationwide. The company will start retailing the new fuel specifications, which is cleaner and more environmentally friendly, on July 31, a day
