Energy & Petroleum News Today

India is advancing its critical mineral strategy through deep sea mining under the ₹4,077 crore Deep Ocean Mission, aiming to secure resources for clean energy and high-tech manufacturing.

Global coal use is projected to reach a record 8.94 billion metric tons in 2026, driven by energy disruptions and El Nino, while major tech and climate initiatives advance carbon reduction.

Tata Safari EV is slated for a festive 2026 launch in India, featuring 65kWh and 75kWh battery options, dual-motor AWD, a 500 km range, and an expected price between Rs. 22.5 to 30 lakh.

Prolonged global fuel shortages are expected following refinery damages from conflicts. Meanwhile, Africa's Dangote refinery posted a $1.82bn H1 profit and plans a $14.3bn expansion to double capacity to 1.4 million bpd.

India's BRICS presidency emphasizes energy resilience, urging value chain diversification, reduced green capital costs, and joint technology co-development to secure sustainable economic growth across emerging economies.

Jawaharlal Nehru Port Authority partnered with CESL to develop public EV charging and battery-swapping stations across five parking locations, promoting green mobility and sustainable port operations.

Aditya Birla's UltraTech launches Ultravolt with ₹1,800 crore to enter India's rising wires and cables market, challenging industry leader Polycab amid surging construction demand.

State-owned Power Grid Corporation transmits about 50% of India's bulk power and operates EV charging stations across multiple cities, while expanding its footprint into renewable energy and electric vehicle infrastructure sectors.

India's solar sector faces a critical challenge as its 30 GW polysilicon, ingot, and wafer manufacturing pipeline awaits operational production before new domestic sourcing mandates take effect.

Gulbarga Electricity Supply Company has invited bids to set up 60.3 MW of grid-connected distributed solar projects to solarize agricultural feeders across Karnataka under the CM-SKY initiative.