Latest Fuel News
Recent fuel, transport, and policy updates presented in a clear and scan-friendly format.
Honda Cars achieves E20 petrol compliance for entire model range
Honda Cars India has accomplished E20 petrol compliance certification for all its models, including Elevate, City e:HEV, City, and Amaze. This certification aligns with the Indian government's green fuel initiative, ensuring that Honda cars manufactured since January 1, 2009, support E20 petrol without needing modifications.
China has created this precious commodity in space with just carbon dioxide, water and electricity; here's what it is
China's space agency has successfully produced oxygen and ethylene—essential rocket fuel components—from carbon dioxide, water, and electricity.
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Crypto analysts predict Solana will reach $300 by mid-2025, but investors are encouraged to diversify into 1Fuel, an emerging token in its presale stage. 1Fuel offers fast transactions and cross-chain interoperability, with experts forecasting a 20X surge upon hitting exchanges.
State-run oil marketing companies plan to buy 40% more ethanol to meet 20% blend target
State-owned oil companies in India plan a 40% increase in ethanol procurement in the current supply year to meet the 2025 goal of 20% ethanol blending in petrol. This includes a significant share of ethanol from grain-based sources, boosted by supportive government policies and pricing.
IDFC FIRST Bank revises interest rate, terms and features on its credit cards from this date: Check details
IDFC FIRST Bank credit card changes: These changes will take effect on February 20, 2025. Changes include revision of the Annual Percentage Rate (APR), fuel fee & surcharge waiver, statement & payment due date, education fee payments, railway lounge access, add-on card fee, card replacement fee, and more.
Senate confirms fossil fuel CEO Chris Wright as energy secretary. He vows to 'unleash' US resources
Chris Wright, a fossil fuel executive and CEO of Liberty Energy, has been confirmed as energy secretary by the Senate with a 59-38 vote. Wright, known for opposing climate change efforts, has pledged to promote Trump's agenda of increased fossil fuel production and energy security. Eight Democrats supported his nomination.
Budget 2025: Clean energy tech focus amid transition
India's government supports clean technologies to enhance domestic value addition and create an ecosystem for solar cells, EV batteries, turbines, and high-voltage transmission equipment amid rising electricity demand and global supply challenges. These measures aim to drive capacity expansion and position India as a leader in clean energy manufacturing, aiding the country's 2030 non-fossil fuel power target.
Donald Trump's tariff plan on Mexico and Canada takes effect Feb 1: Which products will see higher prices in US?
While the tariff plan has been reiterated by the Trump administration, some experts suggest it may still be used as a negotiation tactic rather than an immediate policy shift.
Pump prices set to rise as Trump tariffs hit Canadian, Mexican oil
U.S. fuel prices are expected to increase due to President Trump's tariffs on Canadian and Mexican oil. The tariffs aim to address immigration and drug smuggling issues but may counteract efforts to control inflation, affecting costs for refiners and ultimately consumers.
SpiceJet to re-induct its grounded Boeing 737 MAX fleet into service
SpiceJet is set to re-induct its grounded Boeing 737 MAX aircraft into operations starting January 25. The addition will enable the airline to serve high-demand markets such as Jeddah and Riyadh, enhancing operational capacity and reducing costs with fuel-efficient planes. The airline plans to restore ten aircraft, including four Boeing 737 MAX planes, by mid-April 2025.
US moves to repeal Biden administration vehicle fuel economy standards
US transportation department moves to rescind Biden administration fuel economy standards.
India, US, Middle East to add 100 GW solar capacity in 2025; China to remain leader: Wood Mackenzie
India, the US, and Middle East are set to add 100 GW of solar capacity in 2025, while China will dominate as the main global manufacturer. Module prices will rise after two years of low prices, aiding manufacturers. Emerging technologies like TOPCon and HJT will overtake PERC, driving better efficiencies. Policy uncertainties and protectionist measures may affect growth.
Fuel prices in India to remain stable amid fluctuating crude rates, says Indian Oil Chairman
IOC Chairman Arvinder Singh Sahney reassured the stabilizing of fuel prices in India despite volatile crude oil rates. He highlighted the priority of balancing fuel affordability with financial stability through government support, emphasizing the commitment to providing essential energy while ensuring the company’s financial health.
India's electric car penetration to surge to 9 per cent by FY30: Nomura Report
Electric car adoption in India is set to grow from 2% to 9% by FY30, driven by automakers' focus on EV models to meet fuel efficiency norms. The Bharat Mobility Expo 2025 highlighted the shift toward eco-friendly vehicles and advanced technologies, including integrated solutions for EVs. The sector is moving towards a sustainable and competitive future.
Electric, Flex-Fuel, and CNG vehicles dominate Indian automotive launches: Report
The Indian automobile industry is experiencing a significant shift towards electric, flex-fuel, and CNG vehicles, as showcased at the Bharat Mobility Auto OEM Expo. Major automakers are addressing EV adoption challenges and embracing premiumization trends, leading to new launches and higher average selling prices in the market.
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Should you buy, sell or hold BPCL shares after oil marketing PSU posts Q3 results?
BPCL Q3 FY25 Results: Oil marketing PSU BPCL reported a 93.9 per cent sequential jump in its net profit for the October-December period. Read on to learn more about BPCL's latest report.