Energy & Petroleum News Today

Oil prices rallied last week with Brent at $96.30 and domestic futures at ?8,578. Prices may experience a brief moderation before potential further upside towards $101.50 and ?9,000 targets.

ACMobility launched a five-module Drive Electric EV Safety Program to educate motorists on electric vehicle technology, safety, charging, and ownership economics to encourage sustainable transport adoption.

Rapid urbanisation and global warming are disrupting ecosystems, raising carbon dioxide to 425-330 ppm, increasing humidity, and surging power demand for cooling. Experts urge transitioning to clean energy and better urban planning.

TNPDCL reported a 15% surge in electricity consumption in August to 13,248.82 MU, driven by hot weather, leading to higher power bills and verification measures for high-consuming domestic users.

MSEDCL urged Ganapati mandals to obtain authorized temporary power connections, ensure electrical safety, and use LED or solar lighting for the festival running from Sept 14 to Sept 25.

Saudi Arabia's silicon-based thermal adhesives market is projected to grow at a 7-9% CAGR through 2035, driven by industrial automation, renewable energy, and import-dependent electronics assembly demand.

V-Guard launched its premium modular switch ranges, Arizo and Xyro, alongside Paceart and Trossia designer cover plates in Hyderabad, blending refined aesthetics, safety, and reliable performance for modern living spaces.

Governments prepare comprehensive 2026-2027 heating season measures, mandating natural gas, electricity, and certified winter diesel reserves by late 2026 to counter severe regional energy supply risks and infrastructure dependencies.

Maruti Suzuki plans a sub-Rs. 10 lakh EV to challenge Tata Tiago EV's market dominance, leveraging its massive service network of over 3,000 touchpoints against Tata's four-year first-mover advantage.

Kenya banned unprocessed mineral exports to boost local value and employment. The government plans partnerships, including a mega refinery with Aliko Dangote, and suspended Tata Chemicals' operations over compliance.