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Energy & Petroleum News Today

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Japan Crude Imports Fell 66% in April

Japan Crude Imports Fell 66% in April

Oil Prices Set to Slump 19% in May as Market Bets on U.S.-Iran Deal

Oil Prices Set to Slump 19% in May as Market Bets on U.S.-Iran Deal

Reliance Industries flags 'extreme volatility' risks from West Asia crisis

Reliance Industries flags 'extreme volatility' risks from West Asia crisis

Navigating Economic Turmoil: India's Strategic Gold Shift

Navigating Economic Turmoil: India's Strategic Gold Shift

Bank, OMC shares to remain in focus on Friday as crude rises after fresh US strikes in Iran

Bank, OMC shares to remain in focus on Friday as crude rises after fresh US strikes in Iran

Kartikey Hariyani, CEO at ChargeZone

Kartikey Hariyani, CEO at ChargeZone

West Asia Crisis May Soon Make Everyday Goods Costlier in India: Crisil

West Asia Crisis May Soon Make Everyday Goods Costlier in India: Crisil

Bernstein Sets Long-Term Oil Price Target At $75 Per Barrel

Bernstein Sets Long-Term Oil Price Target At $75 Per Barrel

Oil inventories fall less than expected, impacting crude prices

Oil inventories fall less than expected, impacting crude prices

Three Oil and Two Gas Carriers Clear Hormuz

Three Oil and Two Gas Carriers Clear Hormuz

World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEA

World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEA

Europe’s Energy Crisis Was Not Solved, Only Moved

Europe’s Energy Crisis Was Not Solved, Only Moved

Oil Firms Return Profits As Dividends That Fund Roads, Highways: Sources

Oil Firms Return Profits As Dividends That Fund Roads, Highways: Sources

OMCs absorbing ?550 Crore daily losses from petrol, diesel, LPG amid conflict-led disruptions: Government

OMCs absorbing ?550 Crore daily losses from petrol, diesel, LPG amid conflict-led disruptions: Government

China PP faces heightened risks of a high-price pullback

China PP faces heightened risks of a high-price pullback

OMCs may benefit from fuel price hikes despite global oil volatility: Report

OMCs may benefit from fuel price hikes despite global oil volatility: Report

Hormuz Oil Shock To Boost Electric Car Sales: World Energy Body

Hormuz Oil Shock To Boost Electric Car Sales: World Energy Body

Russia Boosts Crude Flows as Kremlin Banks Gains From Iran War

Russia Boosts Crude Flows as Kremlin Banks Gains From Iran War

ONGC Bets on Gas-Led Growth

ONGC Bets on Gas-Led Growth

India Power Demand Hits Record 270 GW as Heat Spurs AC Use

India Power Demand Hits Record 270 GW as Heat Spurs AC Use

Latest Market News Of Energy & Petroleum

Daily Report News

Is standalone solar losing its edge in India?

Is standalone solar losing its edge in India?

Energy & Petroleum

India's solar market prioritizes dispatchability, mandating 10% storage in new tenders. Standalone solar's capture rate fell to INR2.23/kWh (FY26). Hybrid models address intermittency and execution challenges for 274.68GW renewables.

78

India's Central Bank Warns Oil Shock Threatens Growth

India's Central Bank Warns Oil Shock Threatens Growth

Energy & Petroleum

India's central bank warns oil shocks threaten growth, projecting 6.9% GDP for 2026-27 with downside risks, and 4.6% inflation with upside risks. Despite 7.6% growth in 2025-26, global disruptions pose significant economic challenges.

128

India prioritises energy security, diversifies sources amid global woes

India prioritises energy security, diversifies sources amid global woes

Energy & Petroleum

newsable.asianetnews.com

India prioritizes energy security, diversifying sources. A 15-year LNG deal between Norway's Equinor and India's DFPCL will supply 0.65 million tonnes annually, strengthening reliable supply chains for Indian industry amid global woes.

103

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

Energy & Petroleum

Coal freight rates to India softened due to thin enquiries. BDI rose to 3,226, while bunker prices fell to $762/t and Brent crude eased to $92.10/bbl, reflecting subdued market activity.

86

"Energy security is very important; We welcome whatever support we can get": MEA on gas shipment from Norway

"Energy security is very important; We welcome whatever support we can get": MEA on gas shipment from Norway

Energy & Petroleum

India prioritizes energy security, diversifying sources. Welcomes Norway's support, with a 15-year agreement for 0.65 million tonnes of LNG from Equinor to DFPCL, strengthening supply chains.

India's coal market faces stress test as heatwave demand surges amid weak domestic production

India's coal market faces stress test as heatwave demand surges amid weak domestic production

Energy & Petroleum

India's coal market faces stress from a heatwave, weak domestic output (CIL April: 56.1 mnt, down 9.7% y-o-y), and low hydro. Stocks fell to 49 mnt (down 17% y-o-y), with 21 plants having ≤1 week supply, potentially forcing higher imports.

128

Viral Check: Stuck on the road due to an empty tank during this crisis time? Dial THIS number to get petrol o

Viral Check: Stuck on the road due to an empty tank during this crisis time? Dial THIS number to get petrol o

Energy & Petroleum

The 24/7 National Highway Helpline, 1033, offers rapid assistance for emergencies like fuel shortage, breakdowns, and medical needs on highways, ensuring swift support and improved safety.

116

Power restored across Andhra's Eluru hours after heavy rain disrupts supply

Power restored across Andhra's Eluru hours after heavy rain disrupts supply

Energy & Petroleum

newindianexpress.com

Eluru's power supply was fully restored by 3:30 am after heavy rain damaged 32 33kV and 324 11kV feeders. Emergency teams worked overnight, clearing trees and repairing lines, demonstrating strengthened disaster response.

1217

India's power demand falls after touching all-time high; coal stocks enough for 18 days

India's power demand falls after touching all-time high; coal stocks enough for 18 days

Energy & Petroleum

India's peak power demand eased to 242.98 GW on May 29 after hitting a record 270.82 GW on May 21 due to heatwave. Coal stocks are sufficient for 18.4 days.

14

Sharika Wins ₹24.9 Crore RDSS Order; Shares Jump 4.99%

Sharika Wins ₹24.9 Crore RDSS Order; Shares Jump 4.99%

Energy & Petroleum

Sharika Enterprises secured a ₹24.9 crore RDSS order for power infrastructure in Uttarakhand, boosting its portfolio. Shares jumped 4.99% to ₹13.26, reflecting strong investor confidence in the domestic contract, set for completion by September 2027.

1213

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