Fuel

Honda to Start Making New Hydrogen Fuel Cell System With GM

With the "next-generation" system, Honda aims to bring costs down by two-thirds compared with its older fuel cell system

1 year ago

Inflation to Force Interest Rate Rises in Asia, IMF Warns

IMF Asia-Pacific director Krishna Srinivasan said inflationary pressures are rising due to a global surge in food and fuel costs…

2 years ago

India Trims Windfall Tax on Diesel, Exports of Jet Fuel

India has cut a windfall tax levied on oil companies and kept petrol out of an export levy less than…

2 years ago

India Energy Export Tax Sends Reliance Shares Down 8.7%

Shares in Indian energy firms fell sharply on Friday after Delhi imposed a tax on fuel exports. Reliance sank by…

2 years ago

Pakistan Cuts Fuel Subsidies for Second Time in a Week

The IMF stressed the need to end unfunded subsidies, which were costing the cash-strapped country billions per month, in talks…

2 years ago

US-Based Hyzon Setting up Australian Hydrogen Fuel Depot

Hyzon is focused on working with operators of heavy-duty commercial fleets whose vehicles always return to base, where they can…

2 years ago

Mercedes-Benz Aims for Energy Efficiency in EV Push

Carmakers from Mercedes-Benz to Tesla to China's Nio are trying to dispel consumer anxiety over the lack of widespread charging…

2 years ago

India Plans Post-Elections Rise in Petrol, Diesel Prices

Asia's third-largest economy, which imports 80% of its oil needs, faces retail inflation staying above the central bank's tolerance limit…

2 years ago

Pakistan Ready to Defend Subsidies at IMF Review

Islamabad announced a cut in fuel and electricity prices despite a steep global rise in the cost of oil, pledging…

2 years ago