Energy & Petroleum News Today

The International Energy Agency states that any additional oil release will occur solely after the complete implementation of all existing member obligations, according to energy market officials.

India is advancing a new policy initiative combining public investment and financial support to reduce risks and make deepwater offshore oil and gas exploration commercially viable for upstream companies.

Ahead of Durga Puja, Nandgaon residents face severe safety concerns due to garbage-strewn roads and dangerous low-hanging electrical wires, threatening public health and idol immersion during the 10 lakh budget festival.

Delhi's EV Policy 2026 disbursed Rs 7.91 crore in purchase and scrapping incentives to over 2,700 beneficiaries since July 1, driving electric mobility and reducing air pollution.

Crude oil prices for immediate delivery hit record highs due to severe supply disruptions in the Strait of Hormuz, significantly increasing the premium buyers are willing to pay for oil.

Keralam faced unprecedented monsoon power restrictions due to deficient rainfall, soaring temperatures, and surging electricity demand, exposing critical planning shortcomings and a lack of emergency generation buffers.

Meghalaya cannot account for 1.3 million tonnes of inventoried coal amid inspection talks to restart mining, highlighting major enforcement gaps and leaving any legal production resumption uncertain.

The Delhi government launched the DURGA scheme to distribute 1,300 pink electric autos, with 1,170 reserved for women and 130 for transgender individuals, fostering independent livelihoods and cleaner mobility.

Arunachal Pradesh is emerging as a major hydropower hub with four units of the 2,000 MW Subansiri Lower project commissioned and investments over Rs 52,000 crore approved for five additional projects.

Mercedes-Benz India sees strong potential for plug-in hybrids in the luxury segment as an interim technology, pricing them 5-6% higher while expanding its EV and hybrid offerings.