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Energy & Petroleum News Today

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US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack

US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack

Tanker Owners Are Having the Best Week of the Hormuz Crisis

Tanker Owners Are Having the Best Week of the Hormuz Crisis

Oil extends sharp losses as traders assess Iran peace progress

Oil extends sharp losses as traders assess Iran peace progress

The Commodities Feed: Oil sells off as US eases sanctions on Iran

The Commodities Feed: Oil sells off as US eases sanctions on Iran

The Strait of Hormuz's future is unsettled even as more ships venture through

The Strait of Hormuz's future is unsettled even as more ships venture through

Falling crude prices to boost OMC margins; BPCL, IOC likely to benefit most: JP Morgan

Falling crude prices to boost OMC margins; BPCL, IOC likely to benefit most: JP Morgan

The world’s largest refinery can swallow 1.4 million barrels a day, and Jamnagar shows why oil still rewards absurd scale

The world’s largest refinery can swallow 1.4 million barrels a day, and Jamnagar shows why oil still rewards absurd scale

EV Boom Could Reduce Global Oil Demand by Late 2027

EV Boom Could Reduce Global Oil Demand by Late 2027

Indian refiners see crude throughput slide over five per cent in May

Indian refiners see crude throughput slide over five per cent in May

Assam-Nagaland oil pact raises hope for Northeast’s energy future | Hindustan Times

Assam-Nagaland oil pact raises hope for Northeast’s energy future | Hindustan Times

OPINION | Asia gets its crude oil back but refined product flows still lag

OPINION | Asia gets its crude oil back but refined product flows still lag

Govt bonds walk tightrope on steady oil price, shaky US-Iran truce

Govt bonds walk tightrope on steady oil price, shaky US-Iran truce

India's Oil Comeback: How Refiners Navigated the Strait of Hormuz Crisis

India's Oil Comeback: How Refiners Navigated the Strait of Hormuz Crisis

10-year yield steady at 6.85% as traders track crude, US-Iran peace talks for cue

10-year yield steady at 6.85% as traders track crude, US-Iran peace talks for cue

Oil prices today: Crude falls after US-Iran talks in Switzerland conclude; Brent below $80

Oil prices today: Crude falls after US-Iran talks in Switzerland conclude; Brent below $80

Oil Export Curbs Waived, Frozen Assets Released: Iran Details Outcome After First Round Of US Talks

Oil Export Curbs Waived, Frozen Assets Released: Iran Details Outcome After First Round Of US Talks

Live - US, Iran agree on roadmap for final deal despite early tensions | Iran International

Live - US, Iran agree on roadmap for final deal despite early tensions | Iran International

India poised to drive next wave of global steel demand, says Lakshmi Mittal

India poised to drive next wave of global steel demand, says Lakshmi Mittal

Energy markets remain complacent despite significant supply shock

Energy markets remain complacent despite significant supply shock

OPEC hikes 2050 oil demand forecast again, citing world’s pivot to energy security

OPEC hikes 2050 oil demand forecast again, citing world’s pivot to energy security

Latest Market News Of Energy & Petroleum

Daily Report News

Mumbai Electric Bus Programme Awaits Financial Resolution

Mumbai Electric Bus Programme Awaits Financial Resolution

Energy & Petroleum

Mumbai's electric bus program faces setback as supplier halts 2,100 bus deliveries due to unpaid ₹15 lakh per bus subsidies. A new 2,400-bus, non-subsidy proposal aims to continue fleet electrification.

116

Government's Big Plans For North East Oil Exploration

Government's Big Plans For North East Oil Exploration

Energy & Petroleum

India revives North East oil exploration via a tripartite pact, targeting a tenfold increase in oil output from 1,000-1,500 barrels/day and unlocking Rs 15,000 crore potential, linked to AFSPA rollback.

44

NMDC Advances Digitisation And Sustainable Mining At Donimalai

NMDC Advances Digitisation And Sustainable Mining At Donimalai

Energy & Petroleum

Construction World

NMDC advances digitisation and sustainable mining at Donimalai, Karnataka, targeting 10 mn tpa from Kumaraswamy and 17 mn tpa from Donimalai, aiming for 100 mn tpa overall. Focus on processing low-grade ore and enhancing efficiency.

Gujarat Inject Kerala Secures Major Solar Module Order

Gujarat Inject Kerala Secures Major Solar Module Order

Energy & Petroleum

Construction World

Gujarat Inject Kerala secured a Rs. 144.9 mn solar module order for 16,129 units. FY26 revenue grew 91% to Rs. 363.2 mn, net profit 78% to Rs. 18.1 mn, marking strong expansion in renewable energy.

1016

Oil India Signs MoU with CSIR for Collaborative Energy Research

Oil India Signs MoU with CSIR for Collaborative Energy Research

Energy & Petroleum

Construction World

Oil India and CSIR signed an MoU on June 15, 2026, for collaborative energy research. Focus areas include hydrocarbon optimization, EOR, renewable energy, and critical minerals, aiming for innovation-driven growth and national energy security.

1011

Himachal Pradesh Partners With Norway On Waste Management

Himachal Pradesh Partners With Norway On Waste Management

Energy & Petroleum

Construction World

Himachal Pradesh partners with Norway on waste management, circular economy, and sustainable tourism. The state targets increasing green cover from 29.5% to 32% and promoting EVs, inviting green energy investments.

MNRE Issues SOP to Address Vendor Violations Under PM Surya Ghar

MNRE Issues SOP to Address Vendor Violations Under PM Surya Ghar

Energy & Petroleum

The MNRE issued an SOP to address consumer complaints and vendor violations under the PM Surya Ghar: Muft Bijli Yojana, streamlining grievance redressal for the solar scheme.

41

When Does It Pay to Give Up PM Surya Ghar Subsidy?

When Does It Pay to Give Up PM Surya Ghar Subsidy?

Energy & Petroleum

MNRE's PM Surya Ghar scheme allows voluntary subsidy forgo, potentially creating a new market for larger rooftop solar installations. This could benefit both consumers and the industry.

94

India’s Solar Manufacturing Push Shifts Focus to BoS and BoM Components

India’s Solar Manufacturing Push Shifts Focus to BoS and BoM Components

Energy & Petroleum

India is expanding solar manufacturing and deployment, now focusing on establishing a fully self-reliant domestic supply chain for Bill of Materials (BoM) and Balance-of-System (BoS) components.

Daily News Wrap-Up: MNRE Clears Solar Projects Awaiting ALMM-II Relief

Daily News Wrap-Up: MNRE Clears Solar Projects Awaiting ALMM-II Relief

Energy & Petroleum

MNRE provisionally allowed solar project commissioning installed before June 1, 2026, but uncommissioned due to external reasons. This applies to developers awaiting ALMM-II exemption decisions, providing relief for utility, captive, and C&I projects.

53

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