Swedish govt parties agree to slash biofuels obligation

Sweden’s three government parties have struck an agreement with the far-right Sweden Democrats which will see the so-called biofuels obligation reduced to 6 percent for both fuels, down from today’s 7.8 percent for petrol and 30.5 percent for diesel. The reduction will come into force from the start of next year, and would, the parties

Petrol with 20% ethanol blend launched

Petrol doped with 20 per cent ethanol was rolled out at select petrol pumps in 11 states and union territories as part of a programme to increase use of biofuels to cut emissions as well as dependence on foreign exchange-draining imports. At present, 10 per cent ethanol is blended in petrol (10 per cent ethanol,

Petrol with a blend of 20% ethanol to be introduced soon in India

After achieving the target to sell petrol doped with 10 per cent ethanol, India will in the next couple of days start experimental supplies of 20 per biofuel mixed petrol, oil minister Hardeep Singh Puri said. Speaking at the ‘Dance to Decarbonise’ – the first public awareness event in the run-up to India Energy Week

Fossil Fuel based cars likely to disappear in Australia’s capital from 2035

Australia’s capital plans to ban the sale of new petrol and diesel vehicles starting from the middle of next decade. Up to nine out of every 10 new cars sold in the Australian Capital Territory may be electric by 2030, ahead of a ban on the sale of new petrol and diesel cars from 2035.

Indian Govt imposes windfall tax on domestic crude

The union government imposed a windfall tax on crude oil produced locally. The government also levied additional excise duty on exports of petrol, diesel and aviation turbine fuel (ATF) to temper domestic fuel retail prices and ensure availability. While a cess of $295.05 (₹23,250) per tonne has been imposed on crude oil, a special excise

Sugar producers in India happy with ethanol blending and rising demand

The government’s decision to implement the ethanol blending target of 20% to 2025-26 from 2030 has brought an added optimism to sugar producers in the country. Now, under the renewed target, 10% blending of fuel-grade ethanol with petrol should happen this year, increasing gradually each year thereafter and reaching 20% by 2025-26. India’s sugar industry

Price parity for EVs, flex-fuel vehicles will be achieved on par with petrol cars: Gadkari

Union Minister Nitin Gadkari said efforts are being made to help EVs and flex-fuel vehicles (FFV) achieve price parity with petrol and diesel vehicles within a year’s time. Speaking at what India thinks today global summit, Gadkari said that the aim of the government is to bring prices of EVs and FFVs to the same

Ban on new petrol, diesel car sales in Europe from 2035

The European Union has moved ahead to ban the sale of new cars with internal combustion engines (ICE) from 2035. The European Parliament consisting of elected members from all EU nations has approved the proposed ban by 339 votes in favour to 249 against with 24 abstentions. Now the proposal has been approved by parliament,

Oman’s petroleum output dropped 25%

Oman’s refineries and petroleum industries’ production declined by 25% by the end of March 2022 compared to March 2021, mainly due to the transfer of the outline to the Sohar 2 Refinery since February 2022. The production of standard grade petrol (M-91) by Omani refineries increased by 27.2% at the end of March 2022 to

Ethanol blending in petrol reached 9.99% in India

The level of ethanol blending in petrol in India has reached 9.99 per cent, Petroleum Minister Hardeep Singh Puri said. India had targetted 10 per cent ethanol blending in petrol by the end of 2022 and 20 per cent blending by 2030. The Centre has also targetted 5 per cent blending of biodiesel with diesel