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Energy & Petroleum News Today

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Global energy market expected to start stabilising in 3Q — economy minister

Global energy market expected to start stabilising in 3Q — economy minister

The Malaysian government expects global energy markets to start stabilising in the third quarter this year, though subject to geopolitical developments.
Power demand tops 250 GW as weak monsoon keeps heat on

Power demand tops 250 GW as weak monsoon keeps heat on

India's power demand consistently topped 250 GW, hitting 264.8 GW, due to weak monsoon and heat. Projections are 247-278 GW amid below-normal rain forecasts (90% LPA). Contingency plans include maximizing coal and gas power to ensure supply.
Kolkata Tram Revival Targets Sustainable Tourism Growth 

Kolkata Tram Revival Targets Sustainable Tourism Growth 

West Bengal plans to revive Kolkata's historic tram network, integrating modern electric operations for urban mobility and sustainable tourism. This aims for a low-carbon transport strategy and economic benefits through integrated planning.
India's coordinated, concerted effort shielded citizens during Hormuz energy disruption, says Amitabh Kant

India's coordinated, concerted effort shielded citizens during Hormuz energy disruption, says Amitabh Kant

India's coordinated efforts, including early policy, diplomacy, and digital delivery, shielded citizens from the Hormuz energy crisis. Despite importing 86% fossil fuel and 60% LPG, prices remained stable, preventing chaos and inflation for the common man.
Commercial crude oil extraction in Ashoknagar to start in July

Commercial crude oil extraction in Ashoknagar to start in July

ONGC's Ashoknagar oilfield in Bengal, discovered in 2018, will begin commercial crude oil extraction in July. With over 240 million barrels of reserves and a Rs 1,000 crore investment, it promises industrial growth and energy security.
Suspected electrical fault sparks major fire at Kanpur tannery

Suspected electrical fault sparks major fire at Kanpur tannery

A major fire, suspected to be caused by an electrical short circuit, broke out at New Globe tannery in Kanpur's Jajmau industrial area earlier this month, originating in the spray finishing room.
Solar move to end power crisis? BESS project to start soon in Kayamkulam

Solar move to end power crisis? BESS project to start soon in Kayamkulam

NTPC's 2000 MWh BESS project in Kayamkulam will store solar power for peak hours, aiming to end the power crisis. Construction targets 15 months, making it Kerala's seventh BESS and a major step in energy storage.
Madhya Pradesh inaugurates 500 MW Neemuch Solar Park, achieves country’s lowest solar tariff

Madhya Pradesh inaugurates 500 MW Neemuch Solar Park, achieves country’s lowest solar tariff

Madhya Pradesh inaugurated the 500 MW Neemuch and 450 MW Shajapur Solar Parks, achieving India's lowest solar tariff of Rs 2.14/unit. With 12,018 MW renewable capacity and Rs 2,080 crore investment, MP strengthens its clean energy leadership, with more projects underway.
India lifts sectoral restrictions on nondomestic LPG supply amid improved availability

India lifts sectoral restrictions on nondomestic LPG supply amid improved availability

India lifts all sectoral restrictions on nondomestic LPG supply and restores bulk supply to 50% of pre-crisis levels, driven by improved availability and indigenous production above 40,000 metric tons daily.
Power woes persist across Haryana as outages trigger protests, complaints

Power woes persist across Haryana as outages trigger protests, complaints

Haryana faces widespread power woes, triggering protests in Bhiwani over 14 damaged poles and 2,000 affected. Jind sees 850 complaints due to 10 million units/day demand, 400 MW load, and transformer failures. Restoration efforts are underway.

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