Latest Fuel News
Recent fuel, transport, and policy updates presented in a clear and scan-friendly format.
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.
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.
India's non-fossil fuel-based capacity touches 218 GW-mark
As of January 2025, India’s non-fossil fuel-based power capacity reached 217.62 GW, with a notable increase in solar and wind installations in 2024. The country targets 500 GW by 2030. Expansion in rooftop and off-grid solar sectors highlights significant growth, driven by government initiatives.
IISc arm to built centre of excellence for mobility solutions with ARAI
The centre will conduct research development, technology innovation, testing, validation, and engineering services in the mobility space.
NTPC JV setting up 50 MW solar project in Sri Lanka
NTPC is setting up a 50 MW solar project in Sri Lanka through a joint venture with Ceylon Electricity Board. The project, named Trincomalee Power Company Limited, will be located in Sampoor and has a finalized tariff of 5.97 US cents per unit. This initiative aims to diversify Sri Lanka's energy mix and boost clean energy capacity.
Possibility of more US energy coming to India: Hardeep Singh Puri
Union Minister Hardeep Singh Puri indicates increased US oil and gas supply to India following the Trump administration's plan to boost production. India is seeking energy from various global suppliers and witnessing price impacts. Puri calls for more flex-fuel vehicles and anticipates early achievement of 20% ethanol blending.
Tata Motors to start pilot project with hydrogen internal combustion engine trucks in March quarter
Tata Motors, in collaboration with IOCL, is set to pilot hydrogen internal combustion engine-powered trucks on three routes from the March quarter. The 18-month project is part of the National Green Hydrogen Mission and aims to gather valuable data for product and infrastructure improvements.
Cummins Group launches HELM engine platform
Cummins unveiled its HELM engine platforms at Bharat Mobility Global Expo 2025, featuring advanced diesel, natural gas, and hydrogen variants for diverse operational needs. This includes a BSVI-ready L10 engine, B6.7N natural gas engine, and an advanced Hydrogen Fuel Delivery System, supporting sustainable and flexible power choices aligned with India's economic and environmental goals.
Fuel demand and ARPU expansion key to RIL growth
Reliance Industries gained 2.6% on bourses amid broader market weakness due to strong third-quarter performance in retail and O2C segments. Retail saw a festive demand pull with expected normalization, while digital segment ARPU growth missed estimates. Oil and gas revenue was pressured by lower production and realisation.
Nayara Energy to expand retail network with 400 new petrol pumps
With 6,500+ retail outlets across India, Nayara Energy has been adding new retail outlets to its network and has been growing steadily across various states such as Gujarat, Maharashtra, Tamil Nadu and Rajasthan
Sweden starts building 100,000 year storage site for spent nuclear fuel
Sweden has commenced construction on a final storage facility for spent nuclear fuel, set to store highly radioactive waste for 100,000 years. This significant milestone is part of the efforts to address nuclear waste disposal challenges and aid in climate transition. The Forsmark repository, costing approximately 12 billion crowns, will operate fully by 2080, though safety concerns linger.
Reliance and Nayara gain diesel market share as state-run oil companies stagnate
Private sector refiners Reliance and Nayara Energy significantly increased their diesel and petrol retail sales in April-December 2024, gaining market share from state-run refiners. RIL-BP and Nayara used aggressive promotions and price discounts to attract customers as state-run refiners maintained stable prices.
Suzuki Motorcycle launches electric scooter e-Access and Flex Fuel GIXXER SF 250. Check price, features, other details
Suzuki Motorcycle India Pvt Ltd launched its first electric scooter, e-Access, at Bharat Mobility Expo 2025. The company also introduced two other models, including the GIXXER SF 250 Flex Fuel. Suzuki emphasized its commitment to electric mobility and carbon neutrality. The new introductions aim to expand Suzuki's presence in the Indian two-wheeler market.
At aviation meeting, ESG takes backseat to jet shortages
The industry's goal of net zero carbon emissions by 2050 faced skepticism amid slow progress in sustainable aviation fuel adoption, regulatory pressure, and potential green policy rollbacks under a Trump presidency.