Latest Fuel News
Recent fuel, transport, and policy updates presented in a clear and scan-friendly format.
Big military fallout: Norwegian energy firm halts fuel supply to US Navy fleet amid Donald Trump and JD Vance clash with Zelensky
Norway-based Haltbakk Bunkers has stopped fueling US warships after a contentious meeting between Ukrainian President Zelensky, US President Trump, and US Vice President Vance. The company cited adherence to its moral values, having previously ceased business with Russian clients over the Ukraine invasion. Norway's government assured continued support for American military actions.
Major U.S fuel supplier severs ties with military in fiery statement citing Donald Trump’s explosive Oval Office clash with Zelensky
A US fuel provider, Haltbakk Bunkers, has stopped supplying fuel to American warships in Norway, citing a tense confrontation between US president Donald Trump and Ukrainian president Volodymyr Zelensky. The company criticized the US' actions towards Ukraine. Meanwhile, Zelensky received strong support from UK prime minister Sir Keir Starmer during a meeting in London.
L&T secures new power transmission orders in India, overseas
Larsen & Toubro's power transmission and distribution vertical has won new domestic and international contracts. In India, it will handle the transmission for a Renewable Energy Zone in Uttar Pradesh and a non-fossil fuel-based power plant in the south. International orders include a Gas Insulated Substation in Saudi Arabia and a new grid station in Abu Dhabi.
Ethanol blending with petrol at record 19.6% in January 2025
Around 82.1 crore litres of ethanol was utilised in the blending programme last month and during November 2024-January 2025, the blending volume stood at 222.9 crore litres
Is Airbus' A321XLR aircraft making the world smaller, one narrow aisle at a time? Extra long range planes to make flight routes busier
The Airbus A321XLR is revolutionizing global air travel by enabling direct routes between smaller cities with its long range and fuel efficiency. Airlines like Aer Lingus and United Airlines are launching previously unfeasible routes, reshaping travel by reducing reliance on major hubs and improving passenger comfort.
Govt plans National Green Financing Institution to achieve climate goals: NITI Aayog
NITI Aayog is planning to establish a National Green Financing Institution to meet India's 2070 net-zero target due to insufficient climate finance. The institution will aggregate green capital from various sources to reduce capital costs. India's climate goals include reducing GDP emission intensity by 45% and achieving 50% non-fossil fuel electric power capacity by 2030.
India looking at increasing ethanol blending with petrol to over 20 pc: Puri
India plans to increase ethanol blending in petrol beyond 20%, with a NITI Aayog committee exploring the feasibility. Currently, the blending rate stands at 19.6%. Petroleum Minister Hardeep S Puri mentioned that fossil fuel companies aim to achieve net zero emissions by 2045, despite developmental challenges.
Avaada Group to invest Rs 50,000 crore in Madhya Pradesh's green energy sector says Chairman Vineet Mittal
Avaada Group plans to invest Rs 50,000 crore in Madhya Pradesh's green energy sector over the next five years, with significant project completion expected within three to four years. The investment is backed by global investors, contributing to India's goal of achieving 500 gigawatts of non-fossil fuel energy.
Fuel demand growth slows to 3.5% in Apr-Jan
India's petroleum demand growth slowed to 3.5% this fiscal, down from 5.1% last year, mainly due to reduced diesel consumption and declining bitumen sales. Diesel sales rose 4.2% in January due to increased holiday demand and freight movement. Petrol sales remained strong, growing at 7.9% in April-January. Bitumen consumption declined by 4.9%, indicating slower road construction.
Mountains may be hiding a revolutionary source of energy. Here's what it is and how a cigarette led to its discovery
Large reserves of white hydrogen might be found in mountain ranges like the Pyrenees and the European Alps. This clean-burning gas can be extracted to replace fossil fuels and help tackle the climate crisis. Scientists are using computer models to identify the best locations for hydrogen production, offering potential hope for future energy solutions.
Oil set to snap three-week losing streak amid rising fuel demand
Oil prices rose on Friday, set to end a three-week slump. Brent and WTI prices saw modest gains as rising fuel demand and delayed U.S. tariffs eased trade war fears. Predictions of increased heating fuel use in February and potential shifts from gas to oil in Europe also bolstered prices.
Boeing ties up with HPCL for sustainable aviation fuel ecosystem
Boeing and HPCL have partnered to develop a sustainable aviation fuel (SAF) ecosystem in India. This collaboration aims to increase domestic SAF production, certify locally produced SAF, and support policy development. HPCL focuses on commercializing SAF, utilizing innovative technologies like converting used cooking oil into SAF.
Ethanol blending with petrol at record 18.2% in December 2024
During the last ten years, the EBP programme helped in payment of around ₹92,409 crore to farmers as of September 2024
IEW 2025: Centre remains committed to ensuring affordable energy, says Union Minister Hardeep Singh Puri
The India Energy Week (IEW) is a widely-tracked event aimed at driving global energy innovation and collaboration for a sustainable future.
Finland's Neste to slash around 600 jobs as quarterly core profit slumps
Finnish oil refiner Neste plans to cut around 600 jobs due to declining renewable fuel prices and excess supply, resulting in a significant drop in quarterly profits. The firm also warned of ongoing market challenges and regulatory uncertainties in the U.S., delaying the Rotterdam refinery's commercial start.
World must explore solutions to environmental crises without relying on US: Experts
US President Donald Trump has reversed restrictions on plastic straws, indicating a broader setback in combating plastic pollution. Experts warn this move could undermine global efforts and slow down the progress towards a legally-binding treaty to address the plastic crisis. The world might need to find solutions without relying on the US.