Latest Fuel News

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

Delhi's Transport Dept. plans strategy to tackle traffic, boost eco-friendly fuels

Delhi's transport department is tackling traffic and pollution with a four-pronged strategy. This includes congestion pricing during peak hours at city entry points, creating vehicle-restricted zones, transitioning municipal vehicles to electric power, and enforcing BS6 or electric truck standards. Revenue from congestion charges will fund public transport and infrastructure improvements.

Study traces 60 pc PM2.5 pollution in India to residential cooking, power generation, industries

A new study reveals that up to 60% of India's PM2.5 pollution originates from residential, power generation, and industrial emissions, with 80% attributed to fossil fuels. The study proposes dividing India into 15 airsheds for targeted interventions, highlighting the Indo-Gangetic Plains and the plateau region as critical areas demanding coordinated air quality management.

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How Trump's proposed tariffs might affect commodities and energy

President-elect Trump proposed tariffs on Canada, Mexico, and China, impacting oil, gas, agriculture, and manufacturing. The U.S. significantly relies on these countries for energy and agricultural imports, potentially increasing fuel and food costs. Key imports include Canadian oil and gas, Mexican produce, and potash.

Oil prices steady amid focus on Israel-Hezbollah ceasefire, OPEC+ policy

Oil prices held steady following a ceasefire agreement between Israel and Hezbollah. OPEC+ considered delaying planned oil output increases. US crude stocks declined, while fuel inventories rose. A potential 25% tariff on Mexican and Canadian imports, including crude oil, was announced by then US President-elect Donald Trump. These factors influenced market dynamics.

Amara Raja Infra sets up India's first green hydrogen fuelling station in Leh

Amara Raja Infra completed India's first green hydrogen fuelling station in Leh, built for NTPC Ltd. The station, inaugurated on Sunday, produces 80kg of green hydrogen daily and will power five hydrogen fuel cell buses, promoting emission-free transport in the challenging high-altitude terrain. This project marks a significant step in India's National Hydrogen Energy Mission.

Europe is already facing its next energy crisis

Experts warn of a challenging winter ahead, particularly if temperatures plummet. The situation has raised concerns about energy rationing and economic stability.

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Amara Raja Infra sets up India's first green hydrogen fuelling station in Leh

Amara Raja Infra completed India's first green hydrogen fuelling station in Leh, Ladakh, for NTPC Ltd. The station, inaugurated on Saturday, produces 80kg of green hydrogen daily and will power five hydrogen fuel cell buses, promoting emission-free transport in the challenging high-altitude terrain. This project marks a significant step in India's National Hydrogen Energy Mission.

COP29: Climate finance goal topped priority list at Baku

The COP29 climate summit concluded with a new climate finance target of at least $300 billion by 2035 to aid developing nations in transitioning from fossil fuels. The agreement, reached after intense negotiations, will see contributions from various sources, including multilateral development banks.

How big fossil-fuel-producing countries export emissions abroad

Fossil fuel exports have been a hot topic at the United Nations climate conference in Baku this year, with activists and delegates from some climate-vulnerable countries arguing nations should be held accountable for the pollution they send overseas - often to poor developing nations - in the form of oil, gas and coal.

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Tripura to start rationing petrol from Sunday: Minister

Tripura government will start rationing petrol from November 10. The decision comes after a railway track derailment disrupted fuel supply to the state. Two-wheeler owners will get petrol worth Rs 200 per day. Three-wheelers will get Rs 400 worth of petrol. Four-wheeler owners will have access to Rs 1000 worth of petrol daily.

Trump Presidency set to benefit India, Asian countries due to US-China rivalry: Moody's Ratings

Moody's Ratings predicts that India and other Asian nations could benefit from US-China tensions and investment shifts under a potential Donald Trump presidency. Trump's protectionist trade policies, particularly towards China, are expected to redirect trade and investment flows, potentially benefiting India and ASEAN countries. However, these policies could also disrupt global supply chains and hinder global growth.

India, Saudi Arabia top buyers of Russian VGO and fuel oil in October, LSEG data shows

Russian fuel oil and vacuum gasoil (VGO) exports dipped 3% in October, with India and Saudi Arabia emerging as top recipients. While Saudi imports dipped, India's intake surged as it sought cheaper alternatives to Urals crude. China, another major importer, saw a decline amidst potential tax reforms impacting fuel oil demand.

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