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Energy & Petroleum News Today

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JBM Group signs exclusivity pact to buy Fortum’s EV charging business in India

JBM Group signs exclusivity pact to buy Fortum’s EV charging business in India

11 hours ago
Energy & Petroleum
Energy & Petroleum
News
livemint.com
livemint.com
JBM Group signed an exclusivity pact to acquire Fortum's Indian EV charging network, GLIDA, with 850 points across 29 cities and 17 states. This marks Fortum's exit, strengthening JBM's green mobility push.
US natural gas futures headed to snap two-week losing streak on colder weather outlook

US natural gas futures headed to snap two-week losing streak on colder weather outlook

11 hours ago
Energy & Petroleum
Energy & Petroleum
News
Hellenic Shipping
Hellenic Shipping
US natural gas futures rose, snapping a two-week losing streak. Forecasts of colder weather and increased demand drove the weekly gain, indicating a market shift.
Asia’s Diesel spot activity remains thin; jet fuel USWC arb wide

Asia’s Diesel spot activity remains thin; jet fuel USWC arb wide

11 hours ago
Energy & Petroleum
Energy & Petroleum
News
Hellenic Shipping
Hellenic Shipping
Asia's diesel spot activity remained thin, with cash differentials at seven-month lows and market structures in slight backwardation. Jet fuel USWC arb was wide.
Crude oil rises as China pledges to broaden fiscal spending base in 2026

Crude oil rises as China pledges to broaden fiscal spending base in 2026

11 hours ago
Energy & Petroleum
Energy & Petroleum
News
CNBC
CNBC
Crude oil prices rose, with Brent above $61 and WTI near $57, as China pledged to broaden fiscal spending in 2026 to drive growth. US-led Ukraine war talks failed, but oil faces a fifth monthly drop in December.
Gasoline softens and hover near three-month low; naphtha sees thin market

Gasoline softens and hover near three-month low; naphtha sees thin market

11 hours ago
Energy & Petroleum
Energy & Petroleum
News
Hellenic Shipping
Hellenic Shipping
Asia's gasoline softened, hovering near a three-month low, despite upbeat spot activity. Naphtha saw a thin market, and gasoline margins fell week-on-week.
SHANTI Bill: Modi Government’s Landmark Nuclear Energy Reform for a Developed India

SHANTI Bill: Modi Government’s Landmark Nuclear Energy Reform for a Developed India

12 hours ago
Energy & Petroleum
Energy & Petroleum
News
dailypioneer.com
dailypioneer.com
The SHANTI Bill is a landmark Modi 3.0 nuclear energy reform, aiming for 100 GW by 2047, up from 8.7 GW today. It unlocks clean, sustainable power for India's development, supporting advanced tech and healthcare.
Inside the Race to Decarbonize Aviation

Inside the Race to Decarbonize Aviation

15 hours ago
Energy & Petroleum
Energy & Petroleum
News
oilprice.com
oilprice.com
Global SAF production reached 1 million tonnes in 2024 (0.3% of jet fuel), with 2.1 million tonnes anticipated in 2025. New hubs like India, Argentina, and Indonesia are emerging, while Europe/UK face challenges meeting 2030 mandates of 6-10% due to costs and supply.
Months-long TNERC vacancies raise concern over tariff approvals

Months-long TNERC vacancies raise concern over tariff approvals

15 hours ago
Energy & Petroleum
Energy & Petroleum
News
timesofindia.indiatimes.com
timesofindia.indiatimes.com
Months-long vacancies at TNERC, including director (tariff) for three years and secretary for over six months, hinder tariff approvals and consumer grievance redressal. Stakeholders urge the government to fill key posts for efficient functioning.
BJP Assam praises CM Himanta Biswa Sarma as state emerges 'India's fastest-growing economy' over past five years

BJP Assam praises CM Himanta Biswa Sarma as state emerges 'India's fastest-growing economy' over past five years

17 hours ago
Energy & Petroleum
Energy & Petroleum
News
aninews.in
aninews.in
Assam's BJP praises CM Himanta Biswa Sarma as the state emerges 'India's fastest-growing economy' over the past five years, driven by robust performance in agriculture, oil & gas, and infrastructure investments, as per RBI data.
India achieves 50% power generation capacity now from non-fossil sources

India achieves 50% power generation capacity now from non-fossil sources

17 hours ago
Energy & Petroleum
Energy & Petroleum
News
newindianexpress.com
newindianexpress.com
India achieved 50% non-fossil power capacity in 2025, five years early, reaching 507 GW. Solar capacity surged to 133 GW, and manufacturing grew over 6,000%. This transition saved $46 billion in costs.

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