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Energy & Petroleum News Today

Latest Market News Of Energy & Petroleum

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India's aviation sector faces turbulence from fuel spike and weak rupee: JP Morgan

India's aviation sector faces turbulence from fuel spike and weak rupee: JP Morgan

10 hours ago
Energy & Petroleum
Energy & Petroleum
News
infra.economictimes.indiatimes.com
infra.economictimes.indiatimes.com
India's aviation faces turbulence despite demand recovery. Rising fuel prices (up 6% QoQ) and a weak rupee (down 2%) pressure profitability. Domestic traffic rose 4%, international 8%, but costs erode gains.
Solar-cooled walkways for India’s commuters? Centre signals support for pilot corridors

Solar-cooled walkways for India’s commuters? Centre signals support for pilot corridors

10 hours ago
Energy & Petroleum
Energy & Petroleum
News
energy.economictimes.indiatimes.com
energy.economictimes.indiatimes.com
India's Urban Affairs Ministry backs solar-cooled pedestrian pathways pilot projects. This initiative addresses 35% of urban trips under 5km and supports 30% of Indians walking 1-2km daily, prioritizing pedestrians in transport planning.
Record-low battery storage bids in India can undermine project viability: Experts

Record-low battery storage bids in India can undermine project viability: Experts

10 hours ago
Energy & Petroleum
Energy & Petroleum
News
energy.economictimes.indiatimes.com
energy.economictimes.indiatimes.com
India's record-low battery storage bids, some below ₹1.5/kWh, raise viability and safety concerns. Experts warn of poor-quality batteries. India needs 236 GWh by 2032 for its 500 GW renewable target. Government is reviewing policies.
Reliance Infra setting up integrated solar manufacturing ecosystem

Reliance Infra setting up integrated solar manufacturing ecosystem

10 hours ago
Energy & Petroleum
Energy & Petroleum
News
energy.economictimes.indiatimes.com
energy.economictimes.indiatimes.com
Reliance Infra is establishing an integrated solar manufacturing ecosystem (ingots, wafers, cells, modules) to meet India's 55-60 GW annual demand by 2030. It's also building a battery manufacturing ecosystem, targeting 250 GWh by 2032, reducing import dependence.
Rooftop solar systems installed on nearly 24 lakh households: Shripad Yesso Naik

Rooftop solar systems installed on nearly 24 lakh households: Shripad Yesso Naik

10 hours ago
Energy & Petroleum
Energy & Petroleum
News
energy.economictimes.indiatimes.com
energy.economictimes.indiatimes.com
23.96 lakh households now have rooftop solar systems under the PM Surya Ghar scheme, 23.96% of the 1 crore target by FY2026-27. The Rs 75,021 crore scheme has installed 7075.78 MW capacity, offering subsidies up to 3kWp.
India’s Numaligarh Refinery eyes wide range of crudes amid expansion

India’s Numaligarh Refinery eyes wide range of crudes amid expansion

10 hours ago
Energy & Petroleum
Energy & Petroleum
News
Hellenic Shipping
Hellenic Shipping
Numaligarh Refinery will process imported crude from H2 FY 2026-27 after expanding capacity from 3 to 9 million mt/y, boosting India's refining capabilities.
Naphtha margin rises amid tight supplies

Naphtha margin rises amid tight supplies

10 hours ago
Energy & Petroleum
Energy & Petroleum
News
Hellenic Shipping
Hellenic Shipping
Asia's naphtha refining profit margin rose on Tuesday due to widespread expectations of lower supplies, causing prompt market tightness, traders reported.
Europe Locks In Endgame for Russian Gas And Oil

Europe Locks In Endgame for Russian Gas And Oil

11 hours ago
Energy & Petroleum
Energy & Petroleum
News
oilprice.com
oilprice.com
The EU is ending Russian gas and oil imports by 2027, with LNG by 2026 and pipeline gas by 2027. Payments to Russia dropped from €12B to €1.5B monthly. Sanctions now target entities from China and India supporting Russia's military.
India: Dry bulk coal freight rates exhibit mixed trends across routes

India: Dry bulk coal freight rates exhibit mixed trends across routes

15 hours ago
Energy & Petroleum
Energy & Petroleum
News
bigmint.co
bigmint.co
India's dry bulk coal freight rates showed mixed trends. Australian and South African routes declined to $17.30/dmt and $15.50/dmt respectively. Indonesian rates increased to $14.70/dmt, driven by weaker sentiment and vessel availability.
India: SECL to auction over 3 mnt coal on Dec 12

India: SECL to auction over 3 mnt coal on Dec 12

15 hours ago
Energy & Petroleum
Energy & Petroleum
News
bigmint.co
bigmint.co
SECL will auction 3.215 mnt non-coking coal (Grades G5-G9, G11-G12) on Dec 12. This major auction is expected to further pressure domestic coal prices, which already fell INR 100-150/t last week.

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