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Energy & Petroleum News Today

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FIMER India Earns Major Industry Recognition with Customer’s Choice Award for Central Inverters

FIMER India Earns Major Industry Recognition with Customer’s Choice Award for Central Inverters

FIMER India Pvt Ltd earned the 'Customer’s Choice Award for Most Trusted Brand – Central Inverter' at the Future Energy Leadership Summit 2025, affirming its leadership in reliable, high-performance solar inverter solutions for India's energy sector.
The kitchen connection: E-cooking a key ingredient in India’s energy transition

The kitchen connection: E-cooking a key ingredient in India’s energy transition

E-cooking is key to India's energy transition, offering affordability and decarbonization. It reduces reliance on imported LPG/PNG, which cost $26.4 billion in FY2024-25, and aligns with rapid renewable energy growth, despite initial capital costs.
India and Germany Hold High-Level Talks on Electric Mobility Transition

India and Germany Hold High-Level Talks on Electric Mobility Transition

India and Germany discussed electric mobility, focusing on system integration and skills. Germany pledged support, while India implements schemes like PM eDrive (₹10,900 crore) and PM eBus Sewa (10,000 buses), alongside 2024 charging guidelines.
JK records highest transmission and distribution losses in India at 48%, GoI tells Lok Sabha

JK records highest transmission and distribution losses in India at 48%, GoI tells Lok Sabha

Jammu & Kashmir recorded India's highest Transmission and Distribution (T&D) losses at 48.08% for FY23-24, far exceeding the national average of 17.63%, the GoI informed Lok Sabha, attributing it to technical gaps and theft.
Adani, Hindalco seek Peru copper assets as demand surges

Adani, Hindalco seek Peru copper assets as demand surges

Indian firms Adani and Hindalco are exploring Peru's copper sector, with FTA talks underway. India's copper imports rose 4% to 1.2 million tons (FY25); demand could reach 3.3 million tons by 2030, requiring overseas sourcing.
AMPIN Energy Transition Secures USD 50 Mn Funding from FMO for RE Expansion in India

AMPIN Energy Transition Secures USD 50 Mn Funding from FMO for RE Expansion in India

AMPIN Energy Transition secured USD 50 million from FMO to accelerate greenfield renewable energy projects in India. This investment supports India's target of 500 GW non-fossil fuel capacity by 2030, expanding AMPIN's portfolio.
Middle East Crude-Benchmarks edge up; Saudi OSPs awaited

Middle East Crude-Benchmarks edge up; Saudi OSPs awaited

Middle East crude benchmarks, including Oman, Dubai, and Murban, saw slight increases on Thursday. The market is currently awaiting Saudi Arabia's official selling prices for January, influencing the upward trend.
What growing demand and large-load dynamics mean for US gas and power

What growing demand and large-load dynamics mean for US gas and power

US power markets face surging electricity demand from data centers and large loads. This raises concerns about real-time dynamics and whether domestic gas and power production can meet this growth alongside LNG needs.
European prices fall on turn to milder, windier weather

European prices fall on turn to milder, windier weather

Dutch and British gas prices dropped Thursday morning due to forecasts of milder, windier weather next week. This expected shift in conditions is limiting demand across Europe, leading to a fall in prices.
Asia’s Diesel Markets thinly discussed; diesel east-west spread narrowest in a month

Asia’s Diesel Markets thinly discussed; diesel east-west spread narrowest in a month

Asia's diesel markets experienced thin discussions, with timespreads and cash differentials stable amid a lack of physical deals. The diesel east-west spread narrowed to its lowest in a month.

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