Energy & Petroleum News Today

Brent crude oil prices surged to $100 a barrel for the first time since July 24, jumping 25% since early August due to fading peace hopes and renewed fighting in the six-month conflict.

Indian washed coal prices rose to INR 8,300/t in Raipur amid higher ROM costs and limited supply, offsetting weaker sponge iron demand, which dropped to INR 28,700/t.

Ultraviolette opened its first UV Space Station in Bhubaneswar, offering high-performance electric motorcycles like the X-47 Crossover and F77s with advanced safety features and a flexible battery ownership model.

As monsoons ease, Northern Coalfields Limited's production surged 67% and dispatch rose 75% by September 8, 2026, boosting coal supplies to the power sector and driving overall growth for Coal India.

Strengthening India's energy security requires natural gas storage, diversified supplies, market-driven pricing, and infrastructure development, alongside its 20 GW capacity to balance the power grid and reduce emissions.

At the ISMA Conference 2026, India's sugar industry aims to drive energy security by expanding into green hydrogen, sustainable aviation fuel, green methanol, and compressed biogas.

Advocate Ebo Mili seeks an independent probe into the Social Impact Assessment exemption for Arunachal Pradesh's 2,200 MW Oju hydro project, citing disputed claims of zero human habitation.

India's booming AI and data centre expansion will push electricity consumption to 50 TWh by 2030, requiring coordinated planning for power, transmission, water, and cooling infrastructure to sustain growth.

India's power sector targets 900 GW capacity by FY32, shifting towards renewables and storage. While EPS grew 12% in Q1FY27, future gains depend heavily on project execution and valuations.

Hirect secured significant rail contracts, raised ₹100 crore, and expanded globally, deploying zero-emission propulsion systems and high-power electric traction technologies to drive worldwide rail decarbonization.