No single road to clean mobilityIndia stands at a pivotal moment in its mobility sector, where reducing oil dependency is critical due to global energy challenges. Ethanol...
India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
Vladimir Putin reveals shocking truth: Russia is suffering fuel crisis due to Ukrainian drone strikes, filling stations are shut, no sales to private motoristsVladimir Putin acknowledged on Sunday at a meeting with government ministers and other officials that Ukrainian drone strikes had triggered...
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
Russia may allow lower quality fuel production, imports as supply crisis bites: ReportRussia is reportedly considering a temporary rollback on fuel quality standards, allowing the production and import of lower-grade gasoline...
Government lifts curbs on petrol, diesel sales at pumps as global oil prices fallFuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...
India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
Venezuela's largest refinery shutdown after power outage, sources sayVenezuela's largest Amuay refinery, a crucial fuel producer, faced a temporary shutdown due to a power outage following recent deadly earth...
Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
West Bengal government exempts essential sectors from diesel container supply curbsWest Bengal Chief Minister Suvendu Adhikari announced exemptions from a recent diesel supply restriction in containers. The move aims to al...
India’s ethanol strategy: Automakers treading cautiously, consumers remain unconvinced and experts are waryWith the rollout of E85 fuel and policy changes to support mass flex-fuel deployment, the government is attempting something few large econ...
Government restores non-domestic LPG supplies to pre-crisis levelsIndia has restored non-domestic packed LPG supplies to their pre-crisis levels. This welcome development follows a significant improvement ...
Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
China's EV exports in May rise 50% on-year to reach record highChina’s exports of electric vehicles hit a record $9.2 billion in May, rising nearly 50% year-on-year, as global demand for cleaner transpo...
Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...
India nears 50% domestic coal use in import-based power plants, sources sayIndia is significantly boosting the use of domestic coal at power plants previously reliant on imports, aiming to slash costly overseas pur...