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Energy & Petroleum News Today

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Hyderabad Fuel Prices Rise Sharply On August 18

Hyderabad Fuel Prices Rise Sharply On August 18

Hyderabad fuel prices surged on August 18, with petrol rising by ?6 to ?115.69 per litre and diesel increasing by ?0.83 to ?103.82, driven by higher global crude oil prices.
Electricity exports alone do not signify energy sector success: Minister Shrestha

Electricity exports alone do not signify energy sector success: Minister Shrestha

Nepal earned Rs 29.324 billion from electricity exports in FY 2025/26. Energy Minister Shrestha stressed that exports alone do not signal sector success, highlighting infrastructure gaps and seasonal generation fluctuations.
There is a sustainable solution to the gas and power crisis

There is a sustainable solution to the gas and power crisis

Bangladesh faces a severe gas and power crisis due to import-heavy policies and foreign dependency. Experts urge building national capacity and adopting renewable energy for a sustainable solution.
India: Thermal coal port stocks rise as fresh arrivals outpace evacuations

India: Thermal coal port stocks rise as fresh arrivals outpace evacuations

India's thermal coal port stocks rose 14.3% week-on-week to 13.48 million tonnes in Week 33 as fresh arrivals outpaced cargo evacuations, driven largely by selective inventory replenishment rather than surging demand.
Energy storage moves toward next-gen lithium cells as price volatility drives interest in alternatives

Energy storage moves toward next-gen lithium cells as price volatility drives interest in alternatives

Lithium prices are declining through 2027 as markets shift to larger 587Ah cells and sodium-ion alternatives. However, U.S. buyers face high costs from tariffs and strict domestic content rules.
Waaree Transpower completes 17.6 MVA inverter duty transformer testing at CPRI

Waaree Transpower completes 17.6 MVA inverter duty transformer testing at CPRI

Waaree Transpower successfully completed testing of its 17.6 MVA inverter duty transformer at CPRI and secured orders for over 120 units ranging from 11 MVA to 20 MVA for renewable energy projects.
Sri Lankan energy minister visits JAKSON’s solar module facility in Greater Noida

Sri Lankan energy minister visits JAKSON’s solar module facility in Greater Noida

Sri Lanka's Energy Minister visited JAKSON Group's 1.2 GW solar module facility in Greater Noida to explore potential clean energy cooperation and renewable manufacturing capabilities.
Why India's weather is its greatest solar advantage and how it can power a globally competitive industry

Why India's weather is its greatest solar advantage and how it can power a globally competitive industry

India's solar capacity reached 162.15 GW by June 2026. Leveraging its climate and 24,000 crore PLI scheme, India aims to build an end-to-end manufacturing value chain for global export leadership.
Hero Future Energies secures 120 MW in SECI’s FDRE RTC-V tender

Hero Future Energies secures 120 MW in SECI’s FDRE RTC-V tender

Hero Future Energies secured a 120 MW round-the-clock renewable energy project from SECI at INR 5.25/kWh, integrated with energy storage and backed by a 24-month commissioning timeline.
Oil Prices Climb as Strait of Hormuz Reopening Uncertain | Market Update - News and Statistics

Oil Prices Climb as Strait of Hormuz Reopening Uncertain | Market Update - News and Statistics

Oil prices extended gains for a third consecutive session, driven by Middle East supply concerns and uncertainty surrounding the reopening of the Strait of Hormuz.

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