Energy & Petroleum News Today

Tube Investments invested ₹250 crore into its subsidiary TICMPL via Series C CCPS to scale its electric mobility operations, supporting EV platforms despite near-term gestation losses.

European and British wholesale natural gas prices resumed their upward trajectory on Tuesday, exceeding a 160% year-to-date surge due to Middle East geopolitical tensions and winter supply deficits.

Hedge funds and money managers trimmed their net-long positions in ICE Brent futures during the week ending September 22, reflecting shifting market sentiment among speculators.

European natural gas prices dropped to a one-month low of €71 per megawatt-hour, driven by reduced Chinese demand which eased tight global market pressures.

The National Green Tribunal issued a notice to the Haryana government over prolonged delays in installing sulfur dioxide emission control systems at three Panipat thermal power plant units exceeding safety limits.

IRFC launched 'IRFC 2.0', diversifying beyond railway financing by signing a ₹4,200 crore term loan agreement with DVC for renewable energy projects in Jharkhand and West Bengal.

In the past five years, Jammu and Kashmir generated Rs 5,537 crore from NHPC projects through water usage charges and free power, driving local employment and economic growth.

Chief Minister Omar Abdullah reviewed the Draft J&K Hydropower Policy 2026, aiming to accelerate the region's 14,635 MW potential, attract investments, ensure energy security, and maintain environmental safeguards.

Green power is reshaping India's industrial geography, with states like Andhra Pradesh targeting over 160 GW clean energy capacity and attracting ₹4.10 lakh crore in investments through integrated clean energy policies.

India’s SECI has invited bids for a 10-year contract to supply 54,000 metric tons per year of green ammonia, marking a significant step in the nation's clean energy and production sector.