Latest Fuel News
Recent fuel, transport, and policy updates presented in a clear and scan-friendly format.
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.
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.