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Energy & Petroleum News Today

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Ukraine’s Drone Campaign Forces Russia to Buy Gasoline From India

Ukraine’s Drone Campaign Forces Russia to Buy Gasoline From India

Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut

Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut

India's Russian Oil Boom Outlives the Hormuz Shock

India's Russian Oil Boom Outlives the Hormuz Shock

Energy News Monitor | Volume XXII, Issue 47

Energy News Monitor | Volume XXII, Issue 47

India Slashes Middle East Oil Imports as Regional War Disrupts Supply Chain

India Slashes Middle East Oil Imports as Regional War Disrupts Supply Chain

Fossil generation ‘substituted’ by renewables in 2025 amid electricity tipping point

Fossil generation ‘substituted’ by renewables in 2025 amid electricity tipping point

India's fossil fuel consumption stalled in 2025 for the first time in 60 years

India's fossil fuel consumption stalled in 2025 for the first time in 60 years

Iran war turns Asia toward diversifying energy supplies, undermining climate goals

Iran war turns Asia toward diversifying energy supplies, undermining climate goals

India Plans to Add Strategic Fuel Reserves After Iran War Shock

India Plans to Add Strategic Fuel Reserves After Iran War Shock

Brent Crude Dips to $72: What It Means for Indian Oil Stocks

Brent Crude Dips to $72: What It Means for Indian Oil Stocks

India Grid Expansion: What It Means For Savita Oil And Apar Industries

India Grid Expansion: What It Means For Savita Oil And Apar Industries

Oil prices inch down as U.S.-Iran talks temper Hormuz supply concerns

Oil prices inch down as U.S.-Iran talks temper Hormuz supply concerns

Oil finds its way: Supertankers return to Persian Gulf

Oil finds its way: Supertankers return to Persian Gulf

New Report Says U.S. Led Global CO2 Emissions Growth in 2025

New Report Says U.S. Led Global CO2 Emissions Growth in 2025

Trump Pressures Gas Stations to Slash Prices "Immediately"

Trump Pressures Gas Stations to Slash Prices "Immediately"

Asia's crude oil imports tick up in June but uncertainty reigns

Asia's crude oil imports tick up in June but uncertainty reigns

US rig count surges

US rig count surges

Government lifts curbs on petrol, diesel sales at pumps as global oil prices fall

Government lifts curbs on petrol, diesel sales at pumps as global oil prices fall

India Power Demand Rises Nine Per Cent as Coal Output Falls

India Power Demand Rises Nine Per Cent as Coal Output Falls

Govt plans ₹5,000 crore scheme in three months to promote green technologies in steel sector

Govt plans ₹5,000 crore scheme in three months to promote green technologies in steel sector

Latest Market News Of Energy & Petroleum

Daily Report News

Coal India achieves 21% of FY27 output target; Output struggles in June but offtake surprises

Coal India achieves 21% of FY27 output target; Output struggles in June but offtake surprises

Energy & Petroleum

Hellenic Shipping

Coal India achieved 21% of its FY27 output target, with June output struggling but offtake surprising. Production is typically sluggish in H1 due to monsoons, expected to catch up in H2.

UK Gas Prices at Over 2-Week High

UK Gas Prices at Over 2-Week High

Energy & Petroleum

Hellenic Shipping

UK natural gas prices reached a two-week high of 105.7 pence a therm on July 1st. The increase is linked to traders awaiting developments in US–Iran talks, influencing market dynamics.

126

Northwest European gasoline margins hit four-year high

Northwest European gasoline margins hit four-year high

Energy & Petroleum

Hellenic Shipping

Northwest European gasoline refining margins surged 75 cents to $35.43 per barrel on Tuesday, hitting a four-year high. Supply concerns drove this increase, reaching levels not seen since mid-2022.

85

Boosting Domestic Oil and Gas Is India’s Next Energy Priority

Boosting Domestic Oil and Gas Is India’s Next Energy Priority

Energy & Petroleum

dailypioneer.com

India prioritizes boosting domestic oil and gas production to reduce nearly 90% import dependence, enhance energy security, and support economic growth. Reforms like OALP and HELP aim for faster execution, advanced tech adoption, and durable production growth.

73

India-Japan Annual Summit to focus on AI, chips and clean energy

India-Japan Annual Summit to focus on AI, chips and clean energy

Energy & Petroleum

economictimes.indiatimes.com

India-Japan's 16th Annual Summit focuses on AI, chips, clean energy, and economic security. With $48.17B Japanese investment and $27B bilateral trade, they aim for ¥10 trillion more, diversifying supply chains and boosting infrastructure.

‘Playing fraud on this court’: Telangana HC orders audit of power connections given on undertakings

‘Playing fraud on this court’: Telangana HC orders audit of power connections given on undertakings

Energy & Petroleum

timesofindia.indiatimes.com

Telangana HC ordered an audit of power connections granted on undertakings, citing "fraud" and "misuse" by thousands of beneficiaries over nearly a decade. TGTransco CMD must report by July 15 on compliance and defaulters.

MCD plans to dispose of 75 defunct electric vehicles

MCD plans to dispose of 75 defunct electric vehicles

Energy & Petroleum

timesofindia.indiatimes.com

MCD plans to dispose of 75 defunct electric vehicles procured from EESL in 2018. Non-functional for years due to impractical range (100 km) and battery issues, their lease maintenance contract wasn't renewed.

65

Coal India''s Q1 Production Drops 7.5% Despite Demand

Coal India''s Q1 Production Drops 7.5% Despite Demand

Energy & Petroleum

money.rediff.com

Coal India's Q1 production dropped 7.5% to 169.6 MT despite robust power sector demand. However, CIL's coal offtake increased by 7.5% in June and 3.5% in Q1, indicating strong sales.

71

India Boosts Solar PV Module Production from 2.3 GW to 67 GW

India Boosts Solar PV Module Production from 2.3 GW to 67 GW

Energy & Petroleum

themachinemaker.com

India's solar PV module production surged from 2.3 GW to 67 GW, driven by "Make In India" and PLI schemes. 48 GW projects are underway, boosting domestic manufacturing and energy security.

63

Karnataka Power Benefit Verification Drive Begins Statewide

Karnataka Power Benefit Verification Drive Begins Statewide

Energy & Petroleum

Karnataka launched a statewide Gruha Jyothi electricity benefit verification drive from July 1. Officials are conducting door-to-door checks to enhance accuracy, transparency, and efficient delivery of public utilities amidst rising energy demand and urban growth.

56

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