Energy & Petroleum News Today

India laid the foundation for its first port-based e-methanol plant at Kandla, Gujarat. The ₹2,300 crore project aims to produce 150 tonnes daily, driving green shipping and creating 3,500 jobs.

Russia stated that international sanctions on its fuel must be lifted before it can remove its diesel export ban and help satisfy global market demand.

Asia's weekly energy and petrochemical update highlights China's refining shift, Japan's manufacturing PMI, ADB's 5.0% growth forecast, and mixed market conditions for polymers across regions.

India's energy transition requires robust value-chain development, encompassing storage, hydrogen, and AI. Climate-tech funding surged to $2.6 billion in 2025, boosting startups and commercialization efforts.

Middle East crude supply normalization could take 2-3 years due to facility damage and labor shortages. Global inventories are depleting, causing refining stocks to surge while chemical stocks plunge.

Karnataka State Bioenergy Development Board and Fairfax Financial Holdings discussed developing waste-to-energy projects, sustainable biofuel solutions, and circular economy models at airport infrastructure.

Rising coal prices, surging from Rs 15,000 to Rs 26,000 per tonne, along with higher GST and input costs, are driving up production expenses and threatening to hike brick prices and construction costs.

Telangana ranked 10th in the 2025 India Electric Mobility Index with a score of 51, improving its transport electrification, though lagging with only 12.6 public charging points per lakh vehicles.

Nagaland scored 14 out of 100 in the India Electric Mobility Index 2025, ranking 35th nationally and last among hilly and northeastern states, with only 128 explicitly electric vehicles registered.

India's renewable energy hits a tipping point as solar power with batteries achieves a price of ?5.25 per kWh, making it 10 percent cheaper than new coal-power contracts.