Energy & Petroleum News Today

Consumers in Gurugram and Nuh can choose between two power distribution companies after Eleven Power received a 25-year licence under the Electricity Act, 2003, marking Haryana's first parallel distribution approval.

The total number of active drilling rigs for crude oil and natural gas in the US remained steady at 603 for the week ending October 16, according to Baker Hughes data.

StarCharge and McDonald's Pakistan partnered to expand electric vehicle charging infrastructure across the country, aiming to promote clean energy, sustainable transportation, and green economic development through strategic private-sector collaboration.

An accidental contact between a construction measuring tape and a high-tension wire outside a rented home severely injured two children, highlighting critical urban safety and infrastructure gaps.

India's NTPC Limited signed a power agreement with 247 Solar to deploy 1MW of advanced Concentrated Solar Power technology at Rajasthan's Bhadla Solar Park to reduce coal reliance and provide round-the-clock clean energy.

Meghalaya notified the EV Policy 2026, offering purchase, tax, and scrappage incentives alongside infrastructure development to boost electric mobility adoption and sustainable economic growth across the state.

Haryana Electricity Regulatory Commission granted a 25-year parallel power distribution licence to Eleven Power Pvt Ltd, involving a Rs 4,716.73 crore investment. The state government opposes the move and plans to challenge it.

Saudi-Houthi conflict pushed crude above $106/barrel, hiking naphtha and propylene prices. While polyolefins gained, weak demand caused MEG prices to drop 12.67%, squeezing chemical margins.

MNRE plans a Central scheme to offset 25-30% higher costs for AgriPV plants, targeting 5 GW capacity over 3-4 years to blend food and energy security.

LPG agencies in Chennai are refusing UPI payments during cylinder deliveries due to merchant discount rates on transactions above Rs 2,000, forcing consumers to rely on cash or advance online payments.