Energy & Petroleum News Today

Adani increased CNG prices in Gujarat by ₹2.30 per kg, bringing the new rate to ₹100.77. This second hike in 13 days increases operating costs for daily commuters and auto-rickshaw drivers.

Rising food, cooking fuel, and transport costs ahead of Diwali in Ahmedabad have squeezed household budgets. Prices of pulses, rice, ghee, CNG, and petrol surged, amplifying financial strain for families and transport operators.

The Union Cabinet approved a Rs 2,814 crore scheme to build domestic lithium and nickel processing facilities, offering capital subsidies up to 30% to reduce import dependence by FY31.

India's renewable capacity crossed 310 GW toward its 2030 target, requiring $220 billion in investments. Expanding domestic manufacturing and storage is vital to secure energy independence and reliability.

Between 2021 and 2024, the EU reduced its gas demand by 20% or 80 bcm, driven by household behavior, industrial efficiency, renewable expansion, and the installation of 7.8 million heat pumps.

Amid global energy disruptions from the Iran war, India diversified crude imports to 43 countries. The UAE emerged as a major supplier, providing 15-20% of India's total energy imports.

China's rapid clean energy growth and transport electrification reduced fossil fuel import bills by over $9 billion since 2020, significantly shielding its economy from global oil shocks.

India proposed a draft policy mandating a 1% sustainable aviation fuel blend for international flights starting January, increasing to 5% by 2030 and 20% by 2040 to reduce carbon emissions.

India's growing renewable energy capacity is driving opportunities for battery energy storage systems, as developers and consumers utilize energy management software to manage intermittent generation, reduce costs, and meet peak demand.

In Q3 2026, Indian government agencies tendered 21 GW and auctioned 12 GW of renewable energy capacity, with battery storage and hybrid projects dominating the market.