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Energy & Petroleum News Today

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Bengaluru E20 Shift Raises Mileage And Repair Concerns

Bengaluru E20 Shift Raises Mileage And Repair Concerns

India's nationwide shift to E20 petrol, containing 20 percent ethanol, raises concerns among motorists over reduced mileage, lower fuel economy, and higher maintenance costs, particularly for older pre-2023 vehicles.
KSEB plans to open 200 fast EV charging stations within a year

KSEB plans to open 200 fast EV charging stations within a year

KSEB plans to establish over 200 fast EV charging stations within a year and transform NH 66 into India's first electric truck corridor, boosting the state's electric vehicle infrastructure significantly.
India’s power demand is surging, but some solar energy is going to waste

India’s power demand is surging, but some solar energy is going to waste

Despite surging power demand, India curtailed 11 terawatt-hours of solar generation over 15 months due to transmission congestion, inflexible coal plants, and lacking storage capacity.
India: State launches pilot project to deny fuel for uninsured vehicles

India: State launches pilot project to deny fuel for uninsured vehicles

Madhya Pradesh launched a pilot project denying fuel to uninsured vehicles, following a Supreme Court initiative. Currently, 56% of Indian vehicles lack insurance, exposing accident victims to financial hardship.
Indian LNG imports surge to six-year high even as prices spike

Indian LNG imports surge to six-year high even as prices spike

India's LNG imports surged 40% year-on-year in August to 2.6 million tons, a six-year high, as fertilizer and fuel distributors bought expensive spot shipments despite prices more than doubling.
India's oil imports from US, Venezuela largely a function of price: ONGC Chairman

India's oil imports from US, Venezuela largely a function of price: ONGC Chairman

ONGC Chairman Arun Kumar Singh stated that over 60 percent of India's oil imports are driven by prevailing prices. He emphasized that ONGC's integrated business model balances price volatility effectively.
Windfall tax slashed on fuel exports

Windfall tax slashed on fuel exports

The government has reduced windfall taxes on petroleum exports, cutting levies on petrol to ₹1.15 per litre, diesel to ₹25 per litre, and ATF to ₹19 per litre, effective from September 3, 2026.
UK Natural Gas Prices Surge

UK Natural Gas Prices Surge

UK natural gas prices surged over 4% to exceed 172 pence a therm, reaching their highest level since January 2023 due to heightened US-Iran tensions threatening Europe's supply security.
European gas rally accelerates as US-Iran strikes threaten LNG shipping ahead

European gas rally accelerates as US-Iran strikes threaten LNG shipping ahead

European natural gas prices surged to their highest levels since March amid escalating Persian Gulf military conflict and rising wholesale contracts, intensifying fears of a severe winter supply crunch.
Mumbai Sees New Costs For Travel And Milk

Mumbai Sees New Costs For Travel And Milk

Mumbai households face higher living costs as prices for milk, CNG, PNG, and auto-rickshaw and taxi fares increase from September 1, straining daily household budgets and transport expenses.

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