Energy & Petroleum News Today

The Indian bitumen market faces upward price momentum driven by Middle East import disruptions and rising domestic refinery benchmark rates. With the post-monsoon road construction season accelerating across national highway corridors, high demand is pressing against import supply constraints. The near-term outlook remains firm to volatile as state highway projects, NHAI expansions, and PMGSY road laying resume nationwide.

Jupiter Wagons targets a ₹1,000 crore BESS order book by FY27, backed by over ₹500 crore in existing orders and clean energy expansion through its subsidiary, Jupiter Electric Mobility.

Daily power consumption in Türkiye decreased by 10.8% to 798,480 megawatt-hours. Electricity production fell 10.4% to 821,348 megawatt-hours, with wind power contributing 20.2% and hydroelectric power 19.6%.

A survey reveals 52 percent of smaller firms successfully passed higher oil-related material costs to clients, while negotiations are gradually becoming the industry norm.

India's power transmission network requires structural changes and smarter planning to support its 500 GW renewable energy target by 2030 and a projected peak electricity demand of 459 GW by FY2036.

Nepal plans to import up to 1,100 MW of electricity from India this winter to offset a 640 MW capacity loss caused by recent monsoon floods and dam damages.

Adani Green Energy expanded its operational BESS capacity to 6.63 GWh in Khavda, Gujarat, representing over half of India's total capacity, with targets to reach 50 GWh over the next five years.

Asian thermal coal markets remained mixed as China's holidays slowed buying, while low Indian utility stocks at 21.06 mnt and Indonesian loading constraints supported selective seaborne demand and firm prices.

UltraTech Cement's green energy capacity has crossed 2 GW, reaching 2,024 MW after adding new wind and waste heat recovery systems, meeting nearly 48 percent of its total power requirements.

Union Minister G. Kishan Reddy reported that India normalized coal supplies to power plants using additional railway rakes, addressing recent fuel stock pressures caused by a surge in peak power demand up to 250 GW.