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Auto · 30 Jun 2022
Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
Auto · 30 Jun 2022
Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and…
Auto · 30 Jun 2022
India’s ONGC To Sell Stake, Seeks Global Help To Develop Fields
ONGC is hoping to lure interest from global companies with the "requisite technical expertise and financial strength" to support it in developing its Deen Dayal West field in…
Auto · 30 Jun 2022
Faulty Battery Cells, Modules Likely Caused e-Scooter Fire In India, Initial Probe Finds
India wants e-scooters and e-bikes to make up 80% of total two-wheeler sales by 2030, from about 2% today.
Auto · 30 Jun 2022
Toyota To Cut Global Production Plan By 1,00,000 In June
Toyota will cut its global production plan by about 1,00,000 to roughly 8,50,000 vehicles in June due to the semiconductor shortage.
Auto · 30 Jun 2022
Sri Lanka Down To Last Day Of Petrol, PM Tells Crisis-Hit Nation
Sri Lanka's new prime minister said the crisis-hit nation was down to its last day of petrol, as the country's power minister told citizens not to join the…
Auto · 30 Jun 2022
REE Automotive To Build Commercial EV Plant In UK’s Coventry
REE Automotive - which develops rolling chassis for commercial electric vehicles - will build an assembly plant in the British city of Coventry to supply customers in Europe.
Auto · 30 Jun 2022
Analysis – Musk’s ESG Attack Spotlights $35 Trillion Industry Confusion
Elon Musk's rejection of environmental, social and corporate governance (ESG) scores as a "scam" highlights how Wall Street's hottest investment trend that encompasses some $35 trillion in assets…
Auto · 30 Jun 2022
India’s April Crude Oil Imports At 3-1/2 Year High On Cheap Russia Supply
India's April crude oil imports were the highest in 3-1/2 years as the world's third biggest oil importer and consumer ramped up discounted Russian oil purchases to fuel…
Auto · 30 Jun 2022
Musk’s $44 Billion Deal For Twitter Proceeding As Expected – Report
Twitter Inc executives told staff that Elon Musk's $44-billion deal was proceeding as expected.