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Energy & Petroleum News Today

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KFTC Conditionally Approves Daesan Petrochemical Merger

KFTC Conditionally Approves Daesan Petrochemical Merger

The KFTC conditionally approved a petrochemical merger involving Lotte Chemical, HD Hyundai Oilbank, and HD Hyundai Chemical, imposing strict price and information-sharing restrictions to prevent market concentration issues.
Batteries: why the heat is driving up usage costs

Batteries: why the heat is driving up usage costs

Rising heatwaves and gas prices have widened electricity price spreads, boosting battery storage revenues and flexibility contract bids by nearly 10 percent in July 2026.
Maharashtra EV Push Turns To Infrastructure

Maharashtra EV Push Turns To Infrastructure

Maharashtra's EV Policy 2025 allocates Rs 1,993 crore to prioritize charging infrastructure, highway fast-charging every 25 km, fleet electrification, and toll exemptions to boost sustainable transport across the state.
Hyderabad: CURE registers record power consumption

Hyderabad: CURE registers record power consumption

Hyderabad's CURE area recorded a peak power consumption of 3,893 MW, driven by rising commercial activities and domestic connections, with demand expected to surge by 30 percent in six months.
Mumbai Upgrades Beach Safety Ahead Of Festivals

Mumbai Upgrades Beach Safety Ahead Of Festivals

The BMC is deploying solar-powered marine buoys at 21 natural immersion sites under a 2.22-crore project to enhance festival safety, crowd management, and environmental compliance.
India Converts World’s Longest Narrow-Gauge Line, Linking 100 Villages

India Converts World’s Longest Narrow-Gauge Line, Linking 100 Villages

India inaugurated a 56 km broad-gauge track and electric MEMU service to Birpur, converting the historic narrow-gauge network and connecting over 100 villages in Madhya Pradesh for the first time.
Kolkata Fuel Prices Stay Steady As Global Oil Rises

Kolkata Fuel Prices Stay Steady As Global Oil Rises

Kolkata's petrol and diesel prices remained steady at 113.51 and 99.82 per litre respectively on Wednesday, despite global crude oil prices rising above 91 dollars a barrel.
Kolkata Solar Manufacturing Plan Signals Industrial Shift

Kolkata Solar Manufacturing Plan Signals Industrial Shift

West Bengal is set to host a large-scale solar manufacturing facility following the relocation of an integrated production project, boosting regional industrial growth and strengthening India's clean-energy supply network.
BCCL's roadmap for India's coking coal security: From "More Coal" to "More Usable Coal"

BCCL's roadmap for India's coking coal security: From "More Coal" to "More Usable Coal"

BCCL plans to expand its coking coal beneficiation capacity to 56.23 MTPA by FY31, shifting focus to usable low-ash coal to reduce import dependence and support India's steel industry.
Iran War Drives Coal Demand As Oil And Gas Supplies Face Disruptions

Iran War Drives Coal Demand As Oil And Gas Supplies Face Disruptions

The Iran war has disrupted global oil and gas supplies, causing countries like India, China, and Japan to increase coal generation. Coal prices rose to $131.85 per tonne, boosting producer profits.

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