Energy & Petroleum News Today

Bitumen prices in India remain firm as Brent crude trades above $108/bbl and refinery prices stay elevated across key locations. Supply concerns linked to Middle East disruptions and rising infrastructure demand continue to support the market. Government interventions and refinery expansions are expected to influence bitumen availability and pricing in the coming months.

Coal India partnered with ISRO’s NRSC to develop an AI-powered satellite monitoring system for mines. This platform aims to enhance mine management, environmental oversight, operational efficiency, and detect underground fires, marking a significant digital transformation for sustainable mining.

PM Modi's landmark Australia visit dominated headlines, fostering deeper cooperation in trade, defence, and energy, including uranium exports. AustralianSuper invested 500 million AUD in India's infrastructure, highlighting growing bilateral ties and economic opportunities.

India can convert agricultural waste into sustainable aviation fuel (SAF) using green hydrogen, potentially reducing costs by 40%. This PBtL pathway could meet 2050 aviation fuel demand, cut emissions, and boost rural economy, positioning India as a global leader.

Tamil Nadu's power network is upgrading through a TNPDCL-IIT Madras partnership. This aims to integrate renewable energy, enhance reliability with AI/ML, and improve service delivery, supporting urban growth and sustainable development across the state.

India-Germany Climate Talks highlighted women's vital role in India's clean energy transition. A new book showcases women as innovators, despite low transport workforce representation (0.03%). Initiatives like Amritsar's Pink E-Auto scheme aim for gender-inclusive policies, fostering a just and sustainable future.

Assam unveils a Rs 77,000-crore roadmap to become power-surplus, investing in thermal (3,200 MW), hydro (137.2 MW), solar, and 4,900 MW pumped storage projects, alongside Rs 4,600 crore for transmission infrastructure.

Havells India partnered with Norway's Pixii AS to develop and deploy advanced Battery Energy Storage Systems (BESS) for residential, commercial, and industrial applications across India, aiming for rapid growth and local manufacturing.

India's bioenergy expansion fuels enzyme demand, driving Novonesis's double-digit growth. The company invested Rs. 4,000 crore, with plans for Rs. 2,500-3,000 crore more, expanding manufacturing and R&D, benefiting from rising bio-solutions adoption.

India's EV growth faces challenges beyond sales, needing Rs 45,000-55,000 crore commercial financing by 2026. Subsidies are ending, 18% charging stations are non-operational, and domestic cell manufacturing (2.8% of 50 GWh target) needs strengthening for future growth.