Auto Industry News
India Aims To Cut Power Output From At Least 81 Coal-Fired Plants Over 4 Years
The plan aims to maximize green energy potential and save costs but will not involve shutting down old and expensive power plants.
Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban
May 31, 2022 01:00 AM
OPEC+ meets on June 2 and is expected to stick to last year's deal to raise July output targets by 432,000 barrels per day
EU Unity On Russian Sanctions 'Starting To Crumble', German Minister Says
May 31, 2022 12:56 AM
German Economy Minister Robert Habeck expressed fears that the European Union's unity was "starting to crumble" ahead of a summit to discuss an oil embargo against Russia
EU To Agree On Russia Oil Ban In Principle, But At Odds Over Practice
May 31, 2022 12:53 AM
European Union leaders are set to agree in principle to ban oil imports from Russia at a summit in Brussels
Oil Above $120 A Barrel Ahead Of EU Meeting On Russia Sanctions
May 31, 2022 12:52 AM
The EU is due to meet on Monday and Tuesday to discuss a sixth package of sanctions against Russia for its invasion of Ukraine, actions which Moscow calls a "special military operation".
Bounce Infinity Partners With Bharat Petroleum To Expand Battery Swapping Network
May 31, 2022 12:23 AM
The two companies plan to set up 3,000 new battery swapping stations in 10 cities across India starting with Bengaluru.
Twitter Keeps Musk Ally Durban On Board, Rejects Resignation
May 31, 2022 12:17 AM
Durban is an ally of Elon Musk, who has offered to take Twitter private in a $44 billion deal.
Iran Seizes Two Greek Tankers Amid Row Over U.S Oil Grab
May 31, 2022 12:12 AM
Iranian forces seized two Greek tankers in the Gulf on Friday.
EU's Borrell Hopeful Of Deal On Russian Oil Ban
May 31, 2022 12:06 AM
European Union members should be able to reach an agreement on a next sanctions package against Russia.
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