Energy & Petroleum News Today

The Indian government plans to prioritize methanol for ships through tax concessions, uniform port pricing, and infrastructure development, aiming to boost domestic green fuel production and transition the maritime sector.

In September 2026, EU personal transport fuel prices surged 31.4% year-on-year, accelerating significantly from increases of 16.9% in July and 23.8% in August.

Brent crude climbed above $110 per barrel during Asian trading, driven by Middle East supply concerns near the Strait of Hormuz and declining US oil inventories.

Transrail Lighting secured orders worth Rs 927 crore for domestic transmission projects and US conductor supplies, pushing its yearly order intake to Rs 3,356 crore.

US Secretary of State Marco Rubio visited India, meeting business leaders to deepen energy ties, discuss heavy crude processing at Reliance's 1.4 million barrels per day Jamnagar refinery, and explore bilateral trade.

Honda, Taisei, and Taisei Rotec developed wireless EV charging road technology for in-motion charging. Public road testing in Japan is planned to begin in 2027.

India's Navratri vehicle retail fell 6.5% to 11.23 lakh units due to GST reforms, but EV sales bucked the trend, surging 26.8% to 1.17 lakh units amidst supply chain challenges.

Indian Oil Corporation will reduce Middle East crude term purchases for the 2027/2028 fiscal year due to supply uncertainties, soaring import bills, and rising freight costs, pivoting instead to South American spot markets.

NATRAX is investing Rs 250 crore under the PM E-DRIVE scheme to upgrade its facility with advanced EV testing laboratories, significantly reducing automakers' reliance on overseas testing by 2028.

Haryana electricity employees begin a 3-day strike opposing a 25-year private power distribution licence granted for Gurugram and Nuh, despite the state government's assurance to challenge the order legally.