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Energy & Petroleum News Today

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Europe Gas Prices little changed on healthy supply

Europe Gas Prices little changed on healthy supply

Wholesale gas prices in the Netherlands and Britain remained steady due to sufficient supply.
German gas output falls 2.3% in 2024, oil stable

German gas output falls 2.3% in 2024, oil stable

German gas production dropped 2.3% to 4.2 billion cubic meters in 2024, while oil output remained steady at 1.6 million metric tons.
Oil set for weekly loss with focus on US-China trade uncertainty

Oil set for weekly loss with focus on US-China trade uncertainty

Oil prices are set for a weekly loss due to US-China trade uncertainties. Brent crude edged higher towards $67 a barrel but is down about 2% this week, while WTI is near $63.
Russia's Oil Exports To China and India Rebound

Russia's Oil Exports To China and India Rebound

Russia's crude oil exports rebounded, with shipments to China and India increasing. In March, China's imports from Russia rose by 42%, while India's rose by 41%.
Cairn expands offshore India acreage, forms partnerships with 2H and TechnipFMC

Cairn expands offshore India acreage, forms partnerships with 2H and TechnipFMC

Cairn Oil & Gas expands its presence in India with 7 new blocks (3 offshore, 4 onshore), totaling 69 blocks and 73,000 sq km, focusing on West Coast exploration and partnering with 2H Offshore and TechnipFMC for development.
SC concerned over job losses with advent of AI in automotive industry

SC concerned over job losses with advent of AI in automotive industry

Supreme Court raises concerns about potential job losses for commercial drivers due to AI in electric vehicles, during a PIL hearing on promoting EVs to combat pollution in India's 14 of the top 15 polluted cities.
Stamp Duty Waiver for Private Land Acquisition for Developing Solar Projects: CM

Stamp Duty Waiver for Private Land Acquisition for Developing Solar Projects: CM

Maharashtra waives stamp duty on private land for solar projects under Mukhya Mantri Saur Krushi Vahini Yojana 2.0, targeting 16,000 MW by 2026 and 7,000 MW by 2025.
Three held for stealing electric motor in Namakkal

Three held for stealing electric motor in Namakkal

Three men from Pallipalayam were arrested for stealing an electric motor worth Rs 5,000 from a shop in Agraharam, Namakkal district.
India to speed up hydroelectric plan on Chenab, Jhelum, Indus

India to speed up hydroelectric plan on Chenab, Jhelum, Indus

India speeds up hydropower projects on Chenab, Jhelum, and Indus, aiming for a 10,000 MW boost after suspending the Indus Waters Treaty with Pakistan.
Hyundai Collaborates with IIT Delhi To Open Battery and Electrification Research Centre in India

Hyundai Collaborates with IIT Delhi To Open Battery and Electrification Research Centre in India

Hyundai and IIT Delhi launched the Hyundai Centre of Excellence for EV tech, focusing on batteries and powertrains. The collaboration expands to 10 universities and 100 professors by 2025.

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