Energy & Petroleum News Today

Experts urge Bangladesh to cut energy imports and expand renewables, targeting 10,000MW by 2030, to strengthen energy security, reduce import reliance, and drive economic self-reliance through easier financing and policy shifts.

Haldia Petrochemicals is adapting its cracker to replace up to 30% of naphtha with LPG, aiming to mitigate supply risks and navigate logistical disruptions in the Middle East.

Budget-conscious Indian buyers now have multiple electric vehicle options under Rs.10 lakh, such as the MG Comet, Tata Tiago, and Punch, while Maruti Suzuki expands its EV manufacturing capacity.

BGauss launched the C12 MaxR electric scooter in India, featuring a 3.8 kWh LFP battery, 178 km range, 75+ km/h top speed, and a 4.2 kW motor, priced for urban commuters.

Alberta Premier Danielle Smith stated that creating a Crown corporation to build natural gas pipelines is unlikely, focusing instead on private sector solutions to meet growing energy demands.

The Chhattisgarh Mineral Development Corporation clarified that the auctioned Tara Coal Block requires all statutory environmental and forest clearances before any actual mining or tree felling can commence.

MSEDCL mandates online payments and automated deposit refunds for temporary power connections during Ganeshotsav, addressing past delays and ensuring safety standards following complaints from festival mandals.

Punjab faces severe power cuts as the state receives 1,051 MW less from the Central pool. Minister Tarunpreet Singh Sond urged the Centre to release its full share, denying any state coal shortage.

Global crude surged 10.1% to $105.36/bbl amid Middle East supply and shipping risks, pressuring Indian polymer margins as upstream costs outpaced local price increases.

India's EV sector must adopt circular supply chains and battery recycling to reduce heavy import dependence on critical minerals, secure industrial competitiveness, and mitigate global geopolitical supply risks.