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More than two-fifths of Indian car buyers are considering cleaner options other than petrol and diesel for their next vehicle but they are not willing to pay a large premium to make that switch, a new survey found.However, the currency of all-electric vehicles remains low in the market as more consumers prefer options like hybrids and CNG, as per the 2022 Global Automotive Consumer Study by Deloitte. About 5% of the roughly 1000 Indians polled are considering buying an electric car, up from 4% a year ago.The top drawing factor towards electrified vehicles – all-electric and hybrid – for most consumers was their concern about climate change. Indian cities like Delhi are notorious for having some of the worst quality air in the world. That is closely followed by the lower operating costs that these vehicles usually have as a drawing factor, the survey found.The survey was conducted over the phone with the participants being incentivised through gifts.“The key takeaway is that the number of people looking at an alternate to petrol or diesel has gone up,” Rajeev Singh, partner and automotive leader at Deloitte India told ET.

Green Energy International Limited has always emphasized the importance of delivering reliable and affordable energy to the world without jeopardizing environmental and social excellence. It is a commitment to this sustainable culture that propelled the Company to prioritize, plan and implement the development of associated gas reserves in parallel with the oil reserves; a very atypical strategy that clearly separates us from our peers in the industry. The post Green Energy ahead of peers, set to unveil LPG Extraction and Power Plants on Otakikpo marginal field appeared first on Premium Times Nigeria .

Major Gulf bourses rose on Wednesday, tracking a rally in global peers amid higher oil prices, with the Qatari index rising more than 1% as investors found comfort in a strong earnings season. Asian shares and European stock futures advanced after a strong session on Wall Street, while US treasury yields held near multi-year highs ahead of a closely watched inflation data this week. Oil prices climbed as industry data showed an unexpected drop in US crude and fuel stocks, offsetting concerns of a possible rise in supplies from Iran. Major Gulf bourses end mixed in trade; Dubai index ends up 0.8% The Qatari index rose as much as 1.3%. Shares of Industries Qatar QPSC jumped as much as 8.7% after the petrochemical firm reported a sharp rise in annual profit on Tuesday. Saudi Arabia''s benchmark index was trading 0.1% higher, as shares of financials and communication services companies gained. Dubai''s main share index edged 0.1% higher, driven by gains in heavyweight Emaar Properties and Dubai Islamic Bank (DIB).

SINGAPORE (ICIS)--Chinas polypropylene (PP) futures prices fell by 3% on Wednesday, according to Dalian Commodity Exchange (DCE) data. May 2022, the most actively traded PP futures contract at the

DUBAI: First Abu Dhabi Bank, the UAE''s biggest lender, is in talks to buy Egyptian bank EFG Hermes, which has a market value of over $970 million, two sources with knowledge of the matter said. Rothschild is advising FAB on the deal, the sources said , which would be its second major transaction in Egypt after it bought the Egyptian business of Lebanon''s Bank Audi last year. Geopolitical tensions hit UAE stocks, oil supports Saudi shares FAB did not immediately respond to a Reuters request for comment.

Oil benchmarks are bullish towards the start of the London trading session as industry data reveal an unexpected drop in the US crude and fuel stocks. The post Oil bullish after data shows drop in US oil inventory appeared first on Nairametrics .

Australian Dollar rises further again with help from risk-on sentiments in the US and Asia. On the other hand, Dollar turns soft despite rising treasury yields. Canadian Dollar is dragged down slightly by oil prices. Other parts of the forex markets are mixed. Euro is still in consolidation against, and cautious comments from ECB officials […] The post Aussie Rises on Risk-on Sentiment, Dollar Soft Despite Rising Yields appeared first on Action Forex .

Yemens Iranian-backed Houthi group has claimed three attacks on the oil exporter

Crude oil price continued its negative pressure yesterday to break the bullish channels

The current fuel scarcity in Nigeria’s major cities on account of petrol high in methanol raises questions about the NNPC’s quality control process, as investigations reveal that the dirty petrol first arrived Nigeria in the second week of January. Sources with knowledge of the quality control process told BusinessDay that this particular batch with impurity […]

Oil prices ease in APAC trading, extending an overnight drop as JCPOA talks resume, adding the prospect for additional supply onto energy markets. But bears are up against a heavily backwardated ma

If Russian/Ukraine tensions escalate, or if OPEC+ can’t keep up with their quotas, price may increase once again. Russia helps to makeup the “+” side of OPEC+. Therefore, Russia is a key player in the overall production of crude oil. US and NATO allies have been threatening sanctions on Russia if it invades Ukraine. These […] The post Oil Dips Below $90 as Russia Turns Down the Heat. What’s Next? appeared first on Action Forex .

In spite of the official pronouncement that the removal of subsidy on petrol has been suspended, the government of President Muhammadu Buhari has already presented us with a fait accompli. The post Fury of the patient man appeared first on The Guardian Nigeria News - Nigeria and World News .

Good morning Nigeria, welcome to Naija News roundup of top newspapers headlines in Nigeria for today, Wednesday, 9th February 2022 1. CJN To Malami: Judiciary Not Responsible For Delay In Trial Of High Profile Cases The Chief Justice of Nigeria, CJN, Justice Ibrahim Muhammad, has said that the judiciary is not responsible for the delay in the trial of corruption cases involving high profile politicians. In a statement on Tuesday signed by his media aide, Ahuraka Isah, the CJN accused the Attorney-General of the Federation and Minister, Abubakar Malami, of selling a one-sided narrative to Nigerians. Recall that Malami, who was a guest on Channels Televisions program, Politics Today, on Monday, had blamed the judiciary for the perceived delays in the conclusion of high-profile corruption cases. Dissatisfied with Malamis attack on the judiciary, Muhammad accused the Federal Government and its agencies of conducting shoddy investigations before rushing to court to file charges. 2. FG Confirms Supply Of Adulterated Fuel The Nigerian Midstream and Downstream Petroleum Regulatory Authority on Tuesday confirmed that adulterated petrol is in circulation across the country.

Big Tech gave major US stock indexes a boost on Tuesday and European shares ended largely unchanged as a sharp fall in oil prices took the shine off bumper profits from oil company BP. Nifty futures on the Singapore Exchange traded 44.5 points, or 0.26 per cent, higher at 17,304, signaling that Dalal Street was headed for a positive start on Wednesday.