Energy & Petroleum News Today

Rajasthan is boosting crude oil production from 52,000 to 80,000 barrels per day using advanced technologies in the Thar desert, enhancing India's domestic energy security and reducing import dependency.

Indian bitumen prices remain elevated despite improved availability following the earlier West Asia supply squeeze. Your latest regional pricing shows bulk VG40 ranging from ₹74,492–76,292/MT, while packed material remains significantly higher at ₹76,390–86,900/MT where available. With road construction expected to accelerate from October through February, procurement costs could face renewed upward pressure.

India is expanding ties with Colombia through KABIL and ONGC Videsh to diversify critical minerals and crude oil supplies, backed by bilateral trade currently valued at approximately $4.7 billion.

The Bhakra Nangal Dam has been confirmed safe following a parliamentary review. The meeting also emphasized boosting India's energy independence through advancements in hydropower, solar, and wind sectors.

China's advanced manufacturing ecosystem and consumer market offer new opportunities for Indian firms in sectors like electric vehicles, renewable energy, and pharmaceuticals, fostering deeper bilateral industrial partnerships and trade cooperation.

Pennsylvania's environmental report highlights recent DEP violation penalties totaling $27.6 million against Shell, major fracking water spills, regulatory updates, pipeline incidents, and ongoing energy and infrastructure developments across the state.

India and six Brics+ nations are shifting EV support to two-wheelers, buses, and shared transport, boosting affordability, domestic manufacturing, and reducing oil dependence through schemes like FAME and PM E-DRIVE.

NITI Aayog launched PACT and the ZET Marketplace to accelerate freight electrification, aiming to reduce transport emissions. Heavy trucks comprise 3-4% of fleets but cause over a third of carbon emissions.

NITI Aayog emphasizes strategic electrification of India's freight corridors, targeting heavy trucks which form 3-4% of the fleet but a third of emissions, while launching new clean transport platforms.

To ensure uninterrupted power, a four-member committee was set up to daily monitor 11 kV and 33 kV electrical feeders across the state, tracking outages, tripping, and downtime for data-backed resolutions.