Energy & Petroleum News Today

Indian bitumen prices remain elevated despite improved availability following the earlier West Asia supply squeeze. Your latest regional pricing shows bulk VG40 ranging from ₹74,492–76,292/MT, while packed material remains significantly higher at ₹76,390–86,900/MT where available. With road construction expected to accelerate from October through February, procurement costs could face renewed upward pressure.

India's electric passenger vehicle sales surged 80% YoY to 218,716 units in January-August 2026. Maharashtra leads sales, while Telangana jumped to second place, surpassing Karnataka.

The Bangladesh Power Development Board plans to build a 442 MW solar power plant on 685 unused acres at Rampal, costing BDT 24.98 billion, aiming to boost renewable energy capacity by 2029.

Top property developers highlight environmental, social, and governance measures, green technologies, and sustainable master-planning to shape Malaysia's physical identity and long-term economic resilience.

Prime Minister Modi will inaugurate and lay foundation stones for development projects worth over Rs 35,000 crore in Gujarat and the Global Fintech Fest 2026 in Mumbai.

India's lubricants market is projected to grow from 5.60 billion litres in 2025 to 6.73 billion litres by 2031, driven by infrastructure demand despite rising crude costs and geopolitical headwinds.

A suspected high-intensity blast at a substation on 5 September triggered a major fire, forcing authorities to suspend electricity supply to nearby industrial and residential areas until safety assessments are completed.

An electrical fault tripped all seven units of NTPC's 2,600-MW Korba plant, halting generation. Restoration is underway with three units totaling 1,200 MW successfully brought back online.

Vietnamese EV maker VinFast has patented its flagship VF9 electric SUV in India. The 7-seater features AWD, 402bhp, and a 594km range, though its official launch timeline remains unannounced.

India's power grid faces strain from rising demand hitting 258 GW and inflexible coal fleets. Retrofitting 151 aging thermal units offers a flexible, cost-effective solution over battery storage, despite regulatory hurdles.