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Energy & Petroleum News Today

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S-Oil invests W9tr into Korean petrochemical revival

S-Oil invests W9tr into Korean petrochemical revival

S-Oil is investing 9 trillion won ($6.4 billion) in its Shaheen Project to boost Korea's petrochemical competitiveness, featuring the world's first commercial thermal crude-to-chemicals technology aiming for 3.2 million tons annual capacity.
Daily News Wrap-Up: CERC Introduces Charges for Grid Connectivity Extensions

Daily News Wrap-Up: CERC Introduces Charges for Grid Connectivity Extensions

CERC has introduced a standardized mechanism allowing renewable energy grantees extra time to meet project milestones under general network access regulations by paying milestone extension charges.
Govt proposes 5-yr age extension for EV, CNG, hydrogen commercial vehicles

Govt proposes 5-yr age extension for EV, CNG, hydrogen commercial vehicles

The Ministry of Road Transport and Highways proposed a five-year age extension for EV, CNG, and hydrogen commercial vehicles, alongside digitizing national permits and streamlining registration processes.
20 Bidders, Five Beneficiaries: Rare-Earth Magnet Race Signals Changing Market Competition

20 Bidders, Five Beneficiaries: Rare-Earth Magnet Race Signals Changing Market Competition

India's Ministry of Heavy Industries received 20 bids for its rare-earth permanent magnet manufacturing scheme, aiming to select five beneficiaries to build domestic value chains and reduce import dependence.
Tesla clocks highest sales in India 11 months after launch: 115 e-SUVs in July

Tesla clocks highest sales in India 11 months after launch: 115 e-SUVs in July

Tesla India achieved its highest monthly sales of 115 e-SUVs in July 2026, driven by a major price cut, boosting its market share in the luxury electric vehicle segment.
The road to E20 is not without bumps

The road to E20 is not without bumps

India's nationwide E20 fuel transition targets reduced crude imports but triggers severe friction, including mileage drops, mechanical wear in 240 million legacy vehicles, and retail contamination risks.
Ahasolar Wins NIRL Consultancy for 275MW BESS and Solar Project

Ahasolar Wins NIRL Consultancy for 275MW BESS and Solar Project

Ahasolar Technologies secured a consultancy contract from NIRL for a 50 MW solar project and 275 MW battery storage systems in Tamil Nadu, aiming for completion within 18 months.
Karnataka Regulator Proposes New Electricity Supply Rules

Karnataka Regulator Proposes New Electricity Supply Rules

The Karnataka Electricity Regulatory Commission proposed the Draft Electricity Supply Regulations, 2026, to consolidate state rules on connections, metering, billing, security deposits, and unauthorized electricity use.
Four Critical Mineral Parks To Focus On Single Elements

Four Critical Mineral Parks To Focus On Single Elements

The Indian government will establish four critical mineral parks dedicated to single elements, focusing initially on lithium and nickel with an allocation of Rs 5 billion under the NCMM.
Rs 13,562.2 Mn Sustainable Aviation Fuel Unit In Kakinada

Rs 13,562.2 Mn Sustainable Aviation Fuel Unit In Kakinada

Andhra Pradesh has approved a Rs 13,562.2 million greenfield sustainable aviation fuel manufacturing unit by SAF One India Espicompact in Kakinada, bolstering alternative fuel production and regional industrial growth.

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