Energy & Petroleum News Today

Vine View apartment in Kerala installed a 20 kW rooftop solar system to cut electricity bills. The project saves up to 24,000 monthly, with a full payback expected in 3.5 to four years.

Coal India's August production dropped 5.7% year-on-year to 47.5 MT, but supplies rose 5.5% to 60.6 MT. For April-August, production fell 4.5%, while offtake increased 6.7%, highlighting a strong supply focus.

Ford is planning a mega EV and battery manufacturing hub in Chennai to produce affordable electric vehicles for export markets, potentially expanding its footprint in India's growing market.

Australian firm 1414 Degrees acquired full ownership of the Aurora Energy Precinct for $350,000, aiming to develop a hybrid renewables hub featuring a 140 MW battery and AI data centre infrastructure.

A Q1 FY27 crude oil spike severely impacted Indian oil retailers, logistics providers, and fertilizer makers differently, causing massive OMC losses, logistics cash lags, and fertilizer margin pressures.

Adani Power reduced electricity supply from its 1,600MW Godda plant to Bangladesh during off-peak hours due to rail coal transportation disruptions.

India's solar open access capacity reached 36.3 GW by Q2 2026. Growth remains heavily concentrated, with the top five states accounting for 77% and the top ten representing over 96% of cumulative installations.

Crude oil prices fell globally, with Brent at $95.17 and WTI at $90.74, following US strikes on Iranian rocket and radar systems and a 4.5 million barrel drop in US commercial inventories.

A US Russia sanctions bill authorizing 100% tariffs on buyers like India is stalled in the House. India defends its $40.8 billion Russian oil imports, citing energy security for 1.4 billion people.

In August 2026, the Indian Energy Exchange achieved its highest-ever monthly electricity traded volume of 13,938 million units, marking a 20.2% year-on-year growth driven by rising market prices.