Energy & Petroleum News Today

South Eastern Coalfields Limited achieved record coal production of 176.28 MT in FY 2025-26 while advancing solar energy, sustainable mining, and community welfare initiatives toward net-zero goals.

Global markets face intense volatility as an energy shock drives up crude prices. Central banks struggle with supply-driven inflation, while mounting geopolitical tensions threaten potential energy export bans.

West Bengal Power Development Corporation signed an MoU to supply 5 lakh tonnes of surplus coal to NTPC by March 2027, marking a historic first for a state power utility.

Japan resists U.S. pressure to phase out Russian LNG from the Sakhalin-II project, which provides 9 percent of its imports, prioritizing energy security and lower transport costs amid soaring prices.

The civic body invited agencies to process and reuse 2,715 metric tonnes of collected Plaster of Paris waste and convert organic festival waste into renewable electricity for four hospitals.

Renewables 2.0 shifts focus from mere capacity addition to dispatchability. Experts emphasize that global renewable capacity must triple by 2030, requiring urgent investments in energy storage, transmission, and grid flexibility.

Despite diplomatic thaws, India's manufacturing remains heavily dependent on China, highlighted by a massive $112.1 billion trade deficit in FY2026 driven by critical electronics and solar component imports.

BMW has commenced local production of the i7 electric sedan at its Chennai plant in India. The i7 50 xDrive, priced at INR 1.95 crore, delivers 455hp and up to 728km WLTP range.

India is emerging as a major critical mineral buyer, driving $67 billion in demand by 2030. Partnering with Africa, India targets 100% import-reliant minerals for its clean energy and industrial goals.

TVS delivered over 100 units of the iQube MillionR Special Edition in Pune in a single day, celebrating a milestone of one million customers for the electric scooter priced at Rs 1.40 lakh.