New Delhi: Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) plans to invest over ₹1 lakh crore over the next five years in raising petrochemical production capacity, gas business, clean fuel and augmenting marketing infrastructure, its chairman Arun Kumar Singh said on Monday. The investment will help BPCL prepare for the future where conventional fuels and zero-carbon mobility in […]
India Revamps Incentives For Autos to Boost EVs, Hydrogen Fuel Cells – EQ Mag Pro
This is a significant shift from the government’s original plan to incentivise auto and auto part maker to build mainly gasoline vehicles and their components for domestic sale and export, with some added benefit for electric vehicles (EVs). NEW DELHI : India has revised its proposed $8 billion scheme for the auto sector which will […]
New Method of Producing Hydrogen Shows Energy-Efficient Route to Manufacturing of Fuel
Due to the extremely low abundance of molecular hydrogen in the earth’s atmosphere, electric-field driven breakdown of water is an attractive route for production of hydrogen. New Delhi : Indian researchers have come up with an innovative hydrogen manufacturing route which increases its production three times and lowers the energy required that could pave the […]
Morgan Stanley Alum Atwan Eyes $600 Million for New Firm VC Fuel
Ahmad Atwan, a former Morgan Stanley managing director, has founded VC Fuel to make wagers on clean energy and infrastructure. Houston-based VC Fuel will bet on companies that help drive the transition to lower-carbon energy, such as renewable fuels, hydrogen, electric vehicles, carbon capture and storage, clean agriculture and sustainable manufacturing, among other areas. It’ll […]
White House asks EPA to study whether electric vehicles can generate renewable fuel credits
The White House has directed the U.S. Environmental Protection Agency to study whether using renewable fuels to power electric vehicle charging should generate tradeable credits under the nation’s biofuels program, two sources familiar with the discussions told Reuters. The proposal could give the edgling U.S. electric vehicle industry a big boost because it could grant […]
Fuel retail in the age of new mobility
With the industry at a crossroads, operators need to move quickly to rethink strategy, build new capabilities, and transform their businesses. Over the past decade, fuel retail has been one of the more resilient segments in the oil and gas industry. The growth of both out-of-home consumption and small-format retail has enabled forecourts to capture […]
Fuel price hike results in increased sale of e-vehicles
With the prices of petrol inching closer to Rs 100 per litre, the demand for battery-operated scooters is on the rise Ludhiana (Punjab): With the fuel price hike, e-cycle, e scooter and e-rickshaw sale has increased in the last two-three months, one of the directors of Avon Cycles, Omkar Singh Pahwa said on Wednesday. “Our […]
Bright Future Of Hydrogen Fuel Cells In India
Road transport today is responsible for a significant and growing share of global anthropogenic emissions of CO2. Moreover, it is almost entirely dependent on oil-derived fuels and therefore highly vulnerable to possible oil price shocks and supply disruptions. Improving road transport requires all these issues to be addressed. Introducing alternative transport fuels and vehicles will […]
Plant-based fuels commercially viable: Study
Sustainable plant-based bio-jet fuels could provide a competitive alternative to conventional petroleum fuels if current development and scale-up initiatives continue to push ahead successfully, scientists say. With an estimated daily fuel demand of more than five million barrels per day, the global aviation sector is incredibly energy-intensive and almost entirely reliant on petroleum-based fuels. Unlike […]
Solar power used to create hydrogen fuel from seawater
Stanford scientists have devised a way to generate hydrogen fuel from seawater using solar power, an advance that may help pave the way for a novel sustainable source of energy. The findings, published in the journal Proceedings of the National Academy of Sciences, demonstrate a new way of separating hydrogen and oxygen gas from salt […]