Energy & Petroleum News Today

The India-spec BMW i5 LWB, priced at Rs. 79.60 lakh, delivers a real-world range of 386km on a full charge, with city efficiency at 4.4km/kWh and highway efficiency at 5.71km/kWh.

Visvesvaraya Technological University introduced MTech courses in Quantum Technology and Electric Vehicle Technology, with fees of Rs 5 lakh and Rs 2 lakh, and intakes of 24 and 36 respectively.

India's electricity prices surged to the ₹20 per unit ceiling in September as peak power demand hit a record 269 GW, driven by high cooling and irrigation needs amidst tight supply.

China urged steady coal production following spot price rises. Despite expanding wind and solar capacity targeting 30 percent clean energy by 2030, coal remains a crucial flexible backstop, causing recent import volatility.

Despite the ongoing U.S. war with Iran keeping oil volatile at around $100 a barrel, China's massive strategic reserves of 1.4 billion barrels and reduced imports have successfully prevented extreme price spikes.

US President Trump signed the Sanctioning Russia and Iran Act, authorizing up to 100% tariffs on top Russian energy buyers like China and India, alongside expanded sanctions on Moscow and Tehran.

Pennsylvania DEP published permit notices and opportunities to comment for oil and gas facilities, including 13 unconventional well permits and various air quality and waste management updates.

Maruti Suzuki launched automatic S-CNG variants for Swift, Dzire, and Baleno, featuring AMTs and fuel efficiencies up to 36.47 km/kg, following a 58 percent surge in quarterly S-CNG sales.

The US passed a bill threatening 100% tariffs on Russian energy buyers, targeting India which sources 45% of its crude from Russia. India remains firm on protecting its energy security and strategic autonomy.

Facing record peak consumption of 5,305 MW, KSEB is purchasing 200 MW at Rs 11 per unit and exploring long-term supply deals to prevent power cuts amid rising electricity demand.