Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and European Union plan to cap the price of Russian crude.
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.
Mahindra is hosting a 3 stage expedition with the first one - Karoo Expedition - already over, and the second expedition - XUV700: Explore Active Living - set to kick off soon.
The Government of India has mandated SIAM for taking promotional measures for ethanol in the country jointly with the Ministry of Heavy Industries (MHI) as a Transportation Fuel.
OPEC's de-facto leader Saudi Arabia said the cut of 2 million barrels per day (bpd) of output - equal to 2% of global supply - was necessary to respond to rising interest rates in the West and a weaker global economy.
India, also the world's third-biggest oil importer, ships in about 85% of its crude needs, but is gradually building capacity to increase its output of biofuels.
The Volvo EX90, the upcoming all-electric flagship SUV, will be unveiled on November 9. Volvo says that with this new EV, it wants to take sustainability to the next level and the key qualities that its designers focused on were simplicity, well-being and natural sources.
Okinawa has announced that it has discontinued the use of Lead Acid batteries in its electric two-wheelers. The company will switch to using lithium-ion batteries for its EVs.
Japan's Toyota Motor Corp put its revamped Mirai hydrogen fuel cell car, with 30% greater range, on sale on Wednesday in a fresh push to promote the zero-emission technology amid rapidly growing demand for electric vehicles, including its own.
Toyota is working on a new full electric SUV and the company will take the wraps off the new SUV next year. It will be manufactured at Toyota's ZEV factory in Japan and it will be based on the e-TNGA platform.
The Suzuki Motor Gujarat plant will stop production for three Saturdays this month due to the chip shortage, the company announced in a regulatory filing.
MG Motor will launch a new seven-seater Savvy variant of the Gloster SUV in India next week. The new variant will be based on the top-of-the-line Savvy trim, which is currently available only with a 6-seater configuration.
Prices for the new offering start at Rs. 8.48 lakh for the N4 variant, going up to Rs. 9.99 lakh (ex-showroom India, introductory) for the N10 variant.
The numbers were revealed at the ''Delhi EV Forum'', organised by the Delhi government to mark one year of the implementation of the Electric Vehicle (EV) Policy.
HPCL shut the 150,000 bpd Mumbai refinery from April 1 for maintenance and capacity expansion. It has started one crude unit post maintenance and the second unit, which is being revamped to add 40,000 bpd, is in pre-commissioning stage
