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Energy & Petroleum News Today

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Government revises windfall tax on fuel exports from June 1

Government revises windfall tax on fuel exports from June 1

Here’s why Brent crude oil price may drop below $60 soon

Here’s why Brent crude oil price may drop below $60 soon

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

PSU fuel pumps see sales surge as buyers shift from bulk, private retailers

PSU fuel pumps see sales surge as buyers shift from bulk, private retailers

Clean Energy at What Cost?

Clean Energy at What Cost?

India's Central Bank Warns Oil Shock Threatens Growth

India's Central Bank Warns Oil Shock Threatens Growth

India: Coal freight rates soften across key routes on thin enquiries, limited fixtures

India: Coal freight rates soften across key routes on thin enquiries, limited fixtures

Soon E20, E22, E25 And E30 Petrol To Have Separate Nozzles At Fuel Stations: Fresh Report

Soon E20, E22, E25 And E30 Petrol To Have Separate Nozzles At Fuel Stations: Fresh Report

West Asia Crisis: PSUs are shock absorbers for fuel price rise; Govt assures energy security, urges public not to panic

West Asia Crisis: PSUs are shock absorbers for fuel price rise; Govt assures energy security, urges public not to panic

Explainer: Is Shifting To Electric Vehicles The Right Move To Escape Fuel Hike?

Explainer: Is Shifting To Electric Vehicles The Right Move To Escape Fuel Hike?

Beyond E20: Bunks Gear Up for Higher Ethanol Options

Beyond E20: Bunks Gear Up for Higher Ethanol Options

India needs to maintain suitable reserves of medicines, medical equipment, EY

India needs to maintain suitable reserves of medicines, medical equipment, EY

As War Rages: Coal Anchors India’s Energy Security

As War Rages: Coal Anchors India’s Energy Security

India’s poor pay price of global fuel shock

India’s poor pay price of global fuel shock

Broader impact of West Asia crisis to be felt strongly over next few quarters, says TCI MD

Broader impact of West Asia crisis to be felt strongly over next few quarters, says TCI MD

Sanctions war on? US tightens curbs on Iran oil despite probable deal to ease Hormuz movement

Sanctions war on? US tightens curbs on Iran oil despite probable deal to ease Hormuz movement

[Insight and Opinion] Government Intervention in the Market: Oil Refining and Petrochemicals Also Need Clear Justification

[Insight and Opinion] Government Intervention in the Market: Oil Refining and Petrochemicals Also Need Clear Justification

IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EY

IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EY

The Commodities Feed: Ceasefire optimism weighs on energy markets

The Commodities Feed: Ceasefire optimism weighs on energy markets

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

Latest Market News Of Energy & Petroleum

Daily Report News

Electric Cars Account For 7% In Total Passenger Vehicle Sales In May 2026

Electric Cars Account For 7% In Total Passenger Vehicle Sales In May 2026

Energy & Petroleum

Electric car sales in India reached 7% of total passenger vehicles in May 2026 (21,953 units out of 317,354), driven by rising fuel prices and better infrastructure. Electric two-wheelers also hit 8.9% share.

105

Saturday's rain in Punjab considerably reduces power demand

Saturday's rain in Punjab considerably reduces power demand

Energy & Petroleum

tribuneindia.com

Saturday's rain in Punjab reduced power demand from 14,000 MW to 4,721 MW, offering temporary relief. However, with the paddy season starting June 1 and a revised rainfall forecast, demand is expected to surge to 18,000 MW.

Villagers take to national highway, stage road blockade after seven-day power outage

Villagers take to national highway, stage road blockade after seven-day power outage

Energy & Petroleum

telegraphindia.com

Villagers in Madhya Kamarpara, South Dinajpur, blocked NH512 for an hour on Saturday, protesting a seven-day power outage caused by storms. WBSEDCL assured repairs, leading to the blockade's withdrawal and immediate work commencement.

UAE’s Exit from OPEC and Its Implications for India’s Energy Security

UAE’s Exit from OPEC and Its Implications for India’s Energy Security

Energy & Petroleum

indianarrative.com

UAE's 2026 exit from OPEC, aiming for 5 million bpd by 2027, offers India enhanced energy security, flexible supply, and deeper strategic partnerships, leveraging its diversified economy.

India cuts export duties on petrol, diesel and aviation turbine fuel

India cuts export duties on petrol, diesel and aviation turbine fuel

Energy & Petroleum

The Economic Times

India has cut export duties on petrol to 1.5 rupees/litre, diesel to 13.5 rupees/litre, and ATF to 9.5 rupees/litre, effective June 1. This fortnightly revision is based on international prices.

NLC India, Reliance Industries to jointly explore developing underground lignite gasification project in Gujarat

NLC India, Reliance Industries to jointly explore developing underground lignite gasification project in Gujarat

Energy & Petroleum

The Economic Times

NLC India and Reliance Industries will jointly explore an underground lignite gasification project in Gujarat to boost domestic gasified fuel supplies. This aligns with India's Rs 37,500 crore coal gasification scheme, targeting 100 million tonnes by 2030, reducing import dependence.

63

Why is India pushing for coal gasification?

Why is India pushing for coal gasification?

Energy & Petroleum

India promotes coal gasification to substitute ₹3 lakh crore imports. The Union Cabinet approved a ₹37,500-crore incentive package for this technology, aiming for downstream product yield and economic growth.

115

Rly meet on standardizing electrical equipment concludes

Rly meet on standardizing electrical equipment concludes

Energy & Petroleum

timesofindia.indiatimes.com

A two-day Indian Railways meeting in Varanasi concluded, focusing on standardizing electrical equipment and circuits for safe, punctual, fault-free train operations. Discussions covered energy, green tech, and integrating safety systems like Kavach, DPWCS, VCD.

65

Anatomy of fuel prices in India

Anatomy of fuel prices in India

Energy & Petroleum

newindianexpress.com

India's fuel prices, like Delhi's ₹102.12/litre petrol, are driven by over 50% government taxes, 88.6% crude import dependence, and rupee depreciation. This leads to high inflation and a regressive burden, with petroleum excluded from GST.

Nira Radia donates Rs 1.2 crore electric bus to TTD

Nira Radia donates Rs 1.2 crore electric bus to TTD

Energy & Petroleum

timesofindia.indiatimes.com

Nira Radia donated a Rs 1.2 crore electric bus to TTD for free devotee transport in Tirumala, enhancing its 14-strong electric fleet. She also gave 15 iPads. TTD operates 20 free buses, making 380+ daily trips.

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