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Auto · 29 Aug 2022
Indonesia To Shift $1.6 Billion Portion Of Fuel Subsidy Budget To Welfare Programmes
Indonesia will reallocate 24.17 trillion rupiah ($1.62 billion), or nearly 5%, of its fuel subsidy budget to social spending, including cash handouts to 20.65 million households, its…
Auto · 29 Aug 2022
India’s Chennai Petroleum Corp Forms Joint Venture For $4 Billion Refinery
Chennai Petroleum Corp Ltd said it has formed a joint venture with its parent company Indian Oil Corp and others to build a 9 MMTPA refinery at…
Auto · 29 Aug 2022
India’s Reliance Unveils $9.4 Billion Plan To Boost Oil To Chemicals
Reliance Industries Ltd, operator of the world’s biggest refining complex, will invest 750 billion rupees ($9.38 billion) over 5 years to expand its oil to chemical business,…
Auto · 29 Aug 2022
In Poland, Where Coal Is King, Homeowners Queue For Days To Buy Fuel
In Poland’s late summer heat, dozens of cars and trucks line up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of winter shortages wait for…
Auto · 29 Aug 2022
2022 Ducati Panigale V4, V4 S, V4 SP2 Launched In India; Prices Start At Rs 26.49 Lakh
The 2022 Panigale range gets a number of updates over the 2021 bike including changes to the engine and a new gearbox.
Auto · 29 Aug 2022
Cuba Asks For U.S. Technical Assistance In Oil fire Clean-Up
Cuba seeks U.S. technical assistance in cleaning up after a massive fire at an oil storage facility that killed 16 fire fighters.
Auto · 29 Aug 2022
Global Market For EV Batteries Expected To Reach $250 Billion By 2030 – Report
The global market for electric vehicle (EV) batteries is expected to reach $250 billion by 2030
Auto · 29 Aug 2022
Marketmind: No Respite From The R Word
A look at the day ahead in European and global markets from Anshuman Daga
Auto · 29 Aug 2022
Tesla Supplier Panasonic Plans Additional $4 Billion U.S. EV Battery Plant – Report
Panasonic is in talks to build an additional EV battery plant in U.S. at a cost of around $4 billion.
Auto · 29 Aug 2022
Oil Prices Rise On Signals OPEC Might Cut Output
Oil prices ended higher, boosted by signals that OPEC could cut output.