Energy & Petroleum News Today

Mahindra Last Mile Mobility CEO Suman Mishra aims for 1 million EVs by 2031, focusing on affordable finance, servicing, and driver livelihoods after selling over 400,000 electric vehicles.

India's air pollution crisis severely impacts health, yet mitigation efforts like the National Clean Air Programme and cleaner technologies can align with economic growth by targeting co-benefits.

In 2025, emerging APAC renewable investment surpassed $81 billion, driven by India's record $32 billion and Pakistan's surge to $19 billion, largely fueled by utility-scale auctions and small-scale solar.

In late 2025, solar and wind with four-hour battery storage in India became cheaper than new coal, driven by global battery costs falling to $230/kWh, boosting the nation's renewable energy sector.

US distillate inventories likely extended their draws to reach a fresh 23-year low in the week ended November 6, according to a survey of analysts.

European wholesale natural gas prices dropped to one-month lows following reduced military strike threats and new peace talks, triggering a deflationary wave across the energy complex.

Brent oil futures remained flat at $98.26 amid Trump's remarks on Iran talks. Meanwhile, MCX crude futures rose up to 0.47%, and Iraq secured an understanding to resume oil exports.

The Andhra Pradesh Cabinet approved major policy frameworks and investments worth thousands of crores, including green AI data centres, manufacturing projects, and renewable energy initiatives to boost industrial growth.

PHDCCI's Pre-Union Budget recommendations propose reducing customs duties on heavy feedstocks, naphtha, and LNG to zero, and increasing import duty on styrene to boost India's refining and petrochemical sector.

Assam APDCL has invited tenders for heightening the HT and LT electrical network near the RBI quarter in Guwahati. The 45-day project is valued at ₹0.29 crore with an EMD of ₹63,000.