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Oil Supply Latest News

  • Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties in securing winter fuel, after saying it had found faults in the Nord Stream 1 pipeline during maintenance.
    Russia Scraps Gas Pipeline Reopening, Stoking European Fuel Fears
  • The European Union clinched a deal recently to cope with a gas supply crisis, but to make it work member states need to establish bilateral pacts to share gas and, right now, most have no such agreement in place.
    Analysis-EU Gas Solidarity Complicated By Lack Of Fuel Sharing Deals
  • Hungary has held up the EU's sixth package of sanctions against Russia over its invasion of Ukraine, It says halting Russian oil imports would be a body blow to its economy because the landlocked country cannot easily get oil from elsewhere.
    EU May Clinch Summit Deal To Embargo Russian Oil Shipments

Reviews

  • This is the single largest order bagged by any Indian Private OEM (Original Equipment Manufacturers) in land systems under the DPP by the Indian army.
    Tata Motors to Supply 1239 6x6 Multi-Axle Trucks to the Indian Army
  • Castrol has launched the Vecton RX Fuel Saver 10W-40, diesel engine oil which was co-engineered by Castrol and Tata Motors. The oil is designed to increase the fuel efficiency of Tata trucks by 3%, which will not only save substantial amounts of diesel but also operating costs for these trucks.
    Castrol Launches Vecton RX Fuel Saver Diesel Engine Oil
  • Chrysler and Mitsubishi have signed a new agreement, under which, the Japanese automaker will supply their competitor with a global compact sedan. Though there is no news about which car will become a part of this re-badging exercise, we are sure it will be a B-segment sedan.
    Mitsubishi to Supply Compact Sedan to Chrysler
  • Mahindra Two Wheelers Ltd. (MTWL) has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for a genuine engine oil to be used for their 110cc bikes.
    Mahindra Two Wheelers & HPCL develop Miles+ Engine oil for 110cc bikes