Energy & Petroleum News Today

Seven major oil-exporting nations agreed to maintain steady production in November, as the Iran war pushed Brent crude prices above $100 per barrel.

Global oil demand will likely rise into the 2030s, driven by population growth and urbanization in emerging markets, offsetting efficiency gains and electric vehicle adoption.

Telangana faces severe power supply challenges amid soaring demand hitting 19,982 MW, severe coal shortages at thermal plants, and depleted reservoirs impacting hydel generation, despite government plans for new renewable projects.

The MIDC Industries Association urged MSEDCL to urgently upgrade power infrastructure in industrial areas, citing frequent outages and voltage fluctuations that damage equipment and disrupt production.

Euler Motors became India's second-largest electric 4-wheeler cargo player, capturing 25 percent market share and selling 6,500 units, driven by strong demand in tier 2 and tier 3 cities.

The global ground-mounted solar PV module market is forecast to grow at an 8.2% CAGR from 2026 to 2035, reaching a market index of 220, driven by utility-scale demand and decarbonization.

CESC is undertaking war-footing preparations for Dasara 2026, ensuring uninterrupted power supply, safety checks on electrical equipment, and continuous monitoring to guarantee public safety during the festival.

Coal India's power-plant supplies rose 6.1% to 302.8 million tonnes in the first half of FY27, supported by accumulated pithead stocks while production ramped up.

Bharat Petroleum Corporation Limited is preparing a $3-billion bond to fund its $2.8-billion share in Brazil's offshore SEAP-I oil and gas field, aiming to enhance India's long-term energy security.

India's electric passenger car market is projected to reach 1.8 to 1.9 lakh units in 2026, driven by growth in local battery manufacturing, charging infrastructure, and total cost of ownership evaluations.