Energy & Petroleum News Today

DCM Shriram is investing in expanding its business through new production lines for specialty PVC, medical grades, HFFR grades, along with electrolyzers and solar power.

India's natural gas sector faces supply risks, import dependence, and infrastructure gaps, but investments in LNG, pipelines, and CGD networks drive future growth, efficiency, and market diversification.

Union Minister Nitin Gadkari proposed night-time EV charging at Rs 3 per unit, potentially slashing 1,000 km travel costs to Rs 600, significantly undercutting petrol and diesel expenses.

Bharat Petroleum Corp purchased 1 million barrels of US WTI crude for Mumbai delivery at an $18/barrel premium, signaling feedstock diversification and potentially increasing costs for India's chemical sector.

NHPC and Essar Renewables are partnering to develop a 300-megawatt green energy project in Andhra Pradesh, backed by a 45 billion rupee investment to integrate solar, wind, and battery storage.

Altigreen entered India's electric two-wheeler market with the utility-focused Minsara motorcycle, priced from Rs 1.24 lakh. Offered in three variants, it delivers 172 Nm torque and a top speed of 75 kmph.

Global gas crises and infrastructure attacks threaten energy security, causing a 3% LNG supply drop in 2026. While India's imports rose 10%, it faces high prices and tighter market volatility.

Crude oil prices extended losses driven by peace hopes and anticipation surrounding the US midterm election results.

POWERGRID's board approved transferring its entire equity stake in CTUIL to GRID-INDIA for an initial payment of Rs 734.6 million, with closing expected within three months.

Neenjas Electric showcased a 96.5% efficient 2.2kW integrated on-board charger for Royal Enfield at the India EV Conclave 2026, reducing weight by 40% and BOM costs by 20%.