Energy & Petroleum News Today

The global oil and gas drill bits market is forecast to reach a market index of 141 by 2035, growing at a 3.5% CAGR, driven by deepwater exploration and unconventional shale drilling.

Gurgaon's electricity arrears dropped by Rs 102 crore to Rs 266.6 crore between March and August, primarily driven by recoveries from disconnected connections, even as total defaulting connections rose to 57,407.

Tripura prepares for a 410 MW peak power demand during Durga Puja by prioritizing domestic supply, reducing exports to Bangladesh, and ensuring round-the-clock emergency services.

Dahej's industrial hub faces massive losses exceeding Rs 100 crore monthly due to frequent power outages, tripping, and aging infrastructure, threatening future investments worth over Rs 1 lakh crore.

JBVNL has intensified Ranchi's power network maintenance from Oct 1 to 13, covering bare wires and repairing transformers ahead of the festive season, while also providing temporary connections of 4 kW to 10 kW for Puja pandals.

APSPDCL achieved a milestone by installing over one lakh rooftop solar connections with a 210 MW capacity for SC/ST households within six months under the PM Surya Ghar Muft Bijli Yojana.

BYD expands its Denza luxury EV brand to India with the Z9 GT and D9 models, entering with pricing likely exceeding 80 lakh rupees, while facing a rebrand in Indonesia.

TRS president K. Kavitha urged the government to declare drought-hit mandals due to a 20-foot drop in groundwater levels, citing severe power shortages of only six hours daily and unfilled irrigation projects.

Founded in 1910 and based in Mumbai, Hindustan Petroleum Corporation Limited engages in petroleum refining, marketing, exploration, green energy generation, and EV charging services globally.

Central Coalfields Limited boosted coal output by 75% to a record 87.5 MT in FY 2024-25, driven by mega mines, rail logistics, AI monitoring, and strong CSR initiatives.