Energy & Petroleum News Today

Pune households in gasified societies are urged to register for PNG by October 1 amid LPG supply pressures. Daily connections surged to 450, driven by global energy disruptions and infrastructure readiness.

India absorbed global oil shocks by shielding households while hiking commercial LPG and freezing auto fuels, creating massive hidden under-recoveries exceeding Rs 59,000 crore for state retailers.

India is investing ₹7,280 crore to establish domestic rare-earth permanent magnet manufacturing facilities, targeting 6,000 tonnes annually to support electric vehicles, renewable energy, and defense sectors.

Seven Greens commissioned a 2.7 MW rooftop solar project across 23 railway stations in Rajasthan and Haryana, supporting Indian Railways' transition to clean, renewable energy.

Bangladesh business leaders recommend restarting idle coal, furnace oil, and diesel power plants to ease severe gas shortages impacting manufacturing units, where factories operate at 30 to 40 percent capacity.

Prime Minister Modi urged India's auto industry to innovate and boost EVs, aligning with the Viksit Bharat 2047 vision, leveraging free trade agreements and infrastructure growth for global expansion.

Prime Minister Narendra Modi stated that India's automobile industry is well-positioned to expand globally, driven by manufacturing growth, free trade agreements, electric vehicle adoption, and government reforms.

Asian economies are boosting energy security by expanding strategic oil and gas reserves, building domestic infrastructure, and forging storage deals to reduce reliance on the vulnerable Strait of Hormuz.

India's CEA recommends flexible, two-shift operations for 34.5 GW of aging coal plants to integrate 292 GW of solar by 2030, offering a low-cost alternative to battery storage.

China's Q2 2026 CO2 emissions fell 1% due to a 9% drop in oil use amid the Hormuz crisis, marking the first time oil reductions drove overall emission declines.