Energy & Petroleum News Today

In September, India's petrol and diesel sales rose 7.2% and 4.9% year-on-year driven by vehicle demand and irrigation needs, while ATF remained flat and LPG sales dropped 9%.

The petroleum ministry will intervene to stop private refiners like Jio-bp and Nayara Energy from capping diesel sales, declaring such restrictions unacceptable.

Heavy rains and cooler weather plunged India's exchange power prices near-zero in late September. Average real-time market prices fell 13.3% to Rs.2.75 a unit, challenging renewable energy producers.

The Haryana Electricity Regulatory Commission rejected power distribution companies' petition to recover Rs 1,134.54 crore under FPPAS, sparing 84 lakh consumers from inflated electricity bills.

Himachal Pradesh agreed to supply 600-900 MW of electricity to Kerala from October 1, providing temporary relief from a severe power crisis caused by deficient monsoon and high consumption.

Germany ordered state importer SEFE to buy and store an additional 8 TWh of natural gas by mid-December as domestic storage levels lag behind the EU average at 58 percent.

ONGC discovered natural gas reserves in the Mahanadi Basin, about 43 km off the Odisha coast, marking a significant milestone under the national Samudra Manthan deep-water exploration initiative.

Coal India increased September supplies by 12.5% to 61.20 million tonnes and production by 9.8% to 62.56 million tonnes, targeting 700 million tonnes for the fiscal year.

Rising fire accidents in Hyderabad highlight critical safety gaps, prompting calls for strict enforcement, electrical audits, rewiring of buildings older than 50 years, and accountability for officials to protect residents.

India's thermal coal imports may rebound in Q4 2026 as power plant stocks shrink to seven days, driven by strong electricity demand, weaker hydro generation, and logistics constraints.