Energy & Petroleum News Today

KSEB has sought regulatory approval to procure electricity worth ₹336.25 crore between October 2026 and April 2027, addressing an anticipated power deficit of up to 1,500MW driven by weak hydropower generation and rising demand.

India's power capacity has reached around 550 GW, with non-fossil sources exceeding half the mix. However, the sector faces critical delivery, transmission, and discom payment challenges.

TNPDCL issued monsoon safety guidelines for the public and staff, urging caution against electrical hazards. Report emergencies to Minnagam at 94987 94987.

The Indian Subcontinent's nuclear capacity is projected to surge from 31 GW in 2040 to 170 GW by 2060, driven by policy shifts, international partnerships, and small modular reactors.

Despite exceeding 60% non-fossil capacity by 2030, the Indian Subcontinent's annual emissions will climb to 4.2 gigatonnes due to surging power and cooling demand, before dropping by 2060.

India's crude import bill surged 46.3% to $90.6 billion during April-September as global prices topped $110 a barrel, driven by supply concerns and geopolitical tensions in West Asia.

El Niño has driven India's peak power demand up by 18%, pushing discoms to spot markets where prices surged 22-30%. Consequently, increased procurement costs threaten to raise consumer electricity bills.

The US-Iran war has depleted 95% of China's petrochemical stockpiles, driving wholesale inflation up to 5% in September and raising global industrial material prices due to choked oil and naphtha flows.

The Indian government plans to prioritize methanol for ships through tax concessions, uniform port pricing, and infrastructure development, aiming to boost domestic green fuel production and transition the maritime sector.

In September 2026, EU personal transport fuel prices surged 31.4% year-on-year, accelerating significantly from increases of 16.9% in July and 23.8% in August.