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FUEL DEMAND
In 2025, Mowi launched Chile’s first floating-solar salmon farm. 1 year later, solar and batteries cover 57% of its power needs and are expected to cut diesel use by 36,750 gallons a yearA salmon farm in southern Chile now uses floating solar panels and batteries. This system significantly reduces reliance on diesel generato...- ET Evoke: OECD nations should pay the Global South for climate damages they've caused - if the latter adopt carbon pricing, says Economics Professor Michael GreenstoneGreenstone, Milton Friedman Distinguished Service Professor in Economics at the University of Chicago, says air pollution is shortening liv...
- Markets brace for more hawkish ECB as energy risks threaten to keep inflation elevatedMarkets are increasingly pricing in a more hawkish European Central Bank as geopolitical tensions, elevated energy costs and depleted gas i...
- US refiners face historic stress test as global crisis loomsUS refineries are running near maximum capacity to fill global fuel shortages caused by the Iran war and disruptions in Russia. While this ...
- The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
- ET World Leaders Forum: India needs to make the shift from 'petro state' to 'electro state'India needs to shift from a “petro state” to an “electro state” as rising power demand from EVs, AI and data centres accelerates the push f...
- Centre pushes states to speed up PNG adoption, seeks district-level officers to drive LPG-to-gas transitionThe Petroleum Ministry is urging states to appoint district-level officers for PNG adoption. This move aims to accelerate the transition fr...
- India's MICE sector to grow by 12-14 pc annually for next 3-5 years: NIMAThe MICE sector in India is set to experience an annual growth of 12-14 percent over the next five years. Meanwhile, destination weddings a...
- Gold could top Goldman’s $4,900 forecast as options demand fuels rallyGoldman Sachs sees gold potentially exceeding its $4,900 year-end forecast as strong options demand, Western investor interest and central ...
- Congress demands review of E20 move, says 'anti-people' fuel policy unacceptable to countryCongress criticizes the Modi government's E20 fuel policy for increasing inflation. The policy allegedly causes higher prices for essential...
- Congress Working Committee Resolution: Congress targets central government over youth, Ram Temple donations, China and E20The Congress Working Committee adopted a resolution addressing key national concerns. Youth unemployment and numerous paper leaks were high...
- India bond yield curve flattens on central bank unpredictability, demand for long-term debtIndian bond yields are experiencing a flattening trend as the central bank's policy adjustments begin to influence borrowing costs. The Res...
- Alibaba reports 9% rise in quarterly revenueAs businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those ...
- The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
- Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
- Vedanta invests over $1 bn in net-zero transition in FY26Vedanta invested over one billion dollars in net-zero transition initiatives during FY26. Renewable energy use increased by fifty-two perce...
- Diesel prices surpass jet fuel in Europe as global supply tightensEuropean diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diese...
- US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
- Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
- India's fuel demand increased 2.9% in July, with gasoline and diesel sales showing strong growthIndia's overall fuel demand saw a 2.9% increase in July compared to last year. Gasoline consumption climbed 9.2%, while diesel usage rose b...
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