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Energy & Petroleum News Today

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Kuwait Says Oil Output Won't Recover for 10-12 Weeks After Hormuz Reopens

Kuwait Says Oil Output Won't Recover for 10-12 Weeks After Hormuz Reopens

South Korea Locks In Canadian Crude, LNG in Sweeping Supply Overhaul

South Korea Locks In Canadian Crude, LNG in Sweeping Supply Overhaul

Iraq Targets 770,000 bpd Through Ceyhan as Southern Output Climbs Back

Iraq Targets 770,000 bpd Through Ceyhan as Southern Output Climbs Back

India's Oman Bet Looks Timely As Hormuz Crisis Deepens

India's Oman Bet Looks Timely As Hormuz Crisis Deepens

Kolkata Fuel Price Stability Eases Urban Transport Costs

Kolkata Fuel Price Stability Eases Urban Transport Costs

Work from home imperative, not perk

Work from home imperative, not perk

Crucial for India if war prolongs, could trigger fuel rationing in country

Crucial for India if war prolongs, could trigger fuel rationing in country

India-Venezuela Oil Pivot: Reliance Eyes Supply Security

India-Venezuela Oil Pivot: Reliance Eyes Supply Security

India To Launch Producer Price Index And Revamped WPI From 15 June

India To Launch Producer Price Index And Revamped WPI From 15 June

China is dipping into its record oil stockpiles as fuel demand weakens

China is dipping into its record oil stockpiles as fuel demand weakens

Higher petrol, diesel prices threaten to rekindle inflation pressures

Higher petrol, diesel prices threaten to rekindle inflation pressures

Impact of the Middle East Conflict on Asian Power Markets

Impact of the Middle East Conflict on Asian Power Markets

$90 Oil Could Lift India's Inflation to 4.8% and Slow GDP Growth

$90 Oil Could Lift India's Inflation to 4.8% and Slow GDP Growth

India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: Report

India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: Report

Gov't extends public-private crude oil swap system until end-June

Gov't extends public-private crude oil swap system until end-June

Power, interrupted: Off-grid electrification in the Philippines

Power, interrupted: Off-grid electrification in the Philippines

Asia top stories – weekly summary

Asia top stories – weekly summary

Why Asia's oil lifeline can't survive on US crude alone

Why Asia's oil lifeline can't survive on US crude alone

Hormuz gauntlet runner says Trump has been good for shipping

Hormuz gauntlet runner says Trump has been good for shipping

Venezuela Oil Exports Hit 7-Year High

Venezuela Oil Exports Hit 7-Year High

Latest Market News Of Energy & Petroleum

Daily Report News

MV PROPEL FORTUNE berths at Deendayal Port with 56,360 MT coal cargo for UltraTech Cement

MV PROPEL FORTUNE berths at Deendayal Port with 56,360 MT coal cargo for UltraTech Cement

Energy & Petroleum

indiashippingnews.com

Deendayal Port, Kandla, welcomed MV PROPEL FORTUNE with 56,360 MT imported coal for UltraTech Cement. This reinforces the port's role as a premier bulk cargo gateway, supporting India's industrial sector with efficient, safe operations.

BRICS fossil fuel capacity posts biggest net gain of 115 GW in 2025

BRICS fossil fuel capacity posts biggest net gain of 115 GW in 2025

Energy & Petroleum

asian-power.com

BRICS gained a record 115 GW net fossil fuel capacity in 2025, adding 497 GW solar/wind. Despite new coal, generation fell in China/India, showing a contradictory energy trend with clean energy scaling faster.

Analysis: China’s CO2 climbs 2% in early 2026 due to ‘wasted’ wind and solar

Analysis: China’s CO2 climbs 2% in early 2026 due to ‘wasted’ wind and solar

Energy & Petroleum

carbonbrief.org

China's Q1 2026 CO2 emissions rose 2% due to 'wasted' wind/solar, increasing coal/gas use despite record clean energy capacity. Inflexible grid management and falling capacity factors led to a 4% power sector emissions jump, though overall emissions are below early 2024 peak.

Coking Coal Competitive Landscape Under Energy Crisis

Coking Coal Competitive Landscape Under Energy Crisis

Energy & Petroleum

Hellenic Shipping

By 2026, ongoing wars and geopolitical conflicts will push crude oil prices higher, increasing energy security demand. This revalues coking coal and boosts coal-to-oil substitution, expanding its demand due to cost advantages.

78

Srirampur And Mandamarri Areas Trail In Monthly Coal Production

Srirampur And Mandamarri Areas Trail In Monthly Coal Production

Energy & Petroleum

Construction World

Srirampur (58%) and Mandamarri (55%) coal production trailed targets in May due to operational issues and overburden challenges. Bellampalli, however, exceeded its goal at 113%, setting a benchmark.

US gas analysts expect 99 Bcf weekly storage injection, eroding surplus to 2025

US gas analysts expect 99 Bcf weekly storage injection, eroding surplus to 2025

Energy & Petroleum

Hellenic Shipping

US gas analysts expect a 99 Bcf weekly storage injection. Lower year-over-year injections by May 29 are eroding the natural gas surplus, potentially bringing it near zero by 2025.

Power Ministry Committee Assesses Grid Stability Amid Record Integration of Over 50 GW RE Capacity

Power Ministry Committee Assesses Grid Stability Amid Record Integration of Over 50 GW RE Capacity

Energy & Petroleum

energetica-india.net

The Power Ministry's committee assessed grid stability, integrating over 50 GW RE capacity in a year. Discussions focused on strengthening transmission, storage, and grid flexibility to support India's clean energy transition and rising electricity demand.

Why are so many trading companies filing for bankruptcy protection?

Why are so many trading companies filing for bankruptcy protection?

Energy & Petroleum

canalsolar.com.br

Brazilian energy trading firms face bankruptcy due to new hourly pricing, renewable energy growth, and risk management errors. They accumulated R$ 8.6 billion in debt, with experts citing adaptation failures amidst increased market volatility.

95

Petrovietnam turns to middleman Vitol Asia for crude oil requirements

Petrovietnam turns to middleman Vitol Asia for crude oil requirements

Energy & Petroleum

bairdmaritime.com

Petrovietnam's Nghi Son Refinery secured its first crude oil supply from Vitol Asia, signing an agreement for one cargo. This marks a practical step in their MoU, deepening cooperation across the energy sector.

Atlanta Electricals bags ₹285 cr Punjab transmission utility order for 23 power transformers

Atlanta Electricals bags ₹285 cr Punjab transmission utility order for 23 power transformers

Energy & Petroleum

Atlanta Electricals secured a ₹285.15 crore order from PSTCL for 23 power transformers (160 MVA, 220/66 kV). This strengthens its presence in Punjab, a strategic market.

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VG30 Drum

EX - Mundra

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EX - Mathura

Imported

Bitumen

VG30 Bulk

EX - Karwar

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