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Energy & Petroleum News Today

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Japan Receives First Central Asian Crude Since Iran War Began

Japan Receives First Central Asian Crude Since Iran War Began

Morgan Stanley: Oil Buffers Could Run Out Before Hormuz Reopens

Morgan Stanley: Oil Buffers Could Run Out Before Hormuz Reopens

Indian state oil refiners eye modest fuel price hike as losses mount

Indian state oil refiners eye modest fuel price hike as losses mount

Panel To Review Domestic Petroleum Production Amid West Asia Crisis

Panel To Review Domestic Petroleum Production Amid West Asia Crisis

The Commodities Feed: Oil surges as peace deal hopes fade

The Commodities Feed: Oil surges as peace deal hopes fade

Oil Traders Adding Back Supply Risk Premium

Oil Traders Adding Back Supply Risk Premium

Oil Tankers Go Dark to Exit the Strait of Hormuz

Oil Tankers Go Dark to Exit the Strait of Hormuz

WTI Books Weekly Loss

WTI Books Weekly Loss

Citi explains why oil prices haven’t gone even higher

Citi explains why oil prices haven’t gone even higher

Three crude oil tankers exit Strait of Hormuz with trackers switched off, data shows

Three crude oil tankers exit Strait of Hormuz with trackers switched off, data shows

Adani Data Centres Expand Urban Digital Capacity

Adani Data Centres Expand Urban Digital Capacity

Analysis of Putin’s May 9 Press Conference, His Meetings with Global South Leaders, and the Direction of Russia’s Pivot to the Global South

Analysis of Putin’s May 9 Press Conference, His Meetings with Global South Leaders, and the Direction of Russia’s Pivot to the Global South

Fuel prices being held unchanged as oil fluctuates

Fuel prices being held unchanged as oil fluctuates

Israel supplies Germany with jet fuel

Israel supplies Germany with jet fuel

India Energy Shock: Cost of Insulating Consumers

India Energy Shock: Cost of Insulating Consumers

Rs 1,600-1,700 cr a day, Rs 1 lakh cr in 10 weeks: Cost of insulating India from global energy shock

Rs 1,600-1,700 cr a day, Rs 1 lakh cr in 10 weeks: Cost of insulating India from global energy shock

Energy Maharatna ONGC Continues to Shape India’s Dynamic Energy Future

Energy Maharatna ONGC Continues to Shape India’s Dynamic Energy Future

Crude Oil Prices Likely To Stay Higher For Longer: ADB Chief Economist

Crude Oil Prices Likely To Stay Higher For Longer: ADB Chief Economist

Oil prices mixed; Brent flat, US crude up as Iran keeps Hormuz shut ahead of Trump deadline

Oil prices mixed; Brent flat, US crude up as Iran keeps Hormuz shut ahead of Trump deadline

Oil Prices Surge After Trump Rejects Iran Peace Offer

Oil Prices Surge After Trump Rejects Iran Peace Offer

Latest Market News Of Energy & Petroleum

Daily Report News

Q1 fuel losses may wipe out entire FY earnings of State oil firms

Q1 fuel losses may wipe out entire FY earnings of State oil firms

Energy & Petroleum

telanganatoday.com

India's state oil firms face Q1 losses of Rs 1 lakh crore, potentially wiping out Rs 76,000 crore FY earnings. Soaring crude prices and frozen pump rates cause Rs 1,000-1,200 crore daily under-recoveries, leading to unsustainable losses and potential borrowing needs.

India’s next power crisis is after sunset as solar curtailment, grid stress rise

India’s next power crisis is after sunset as solar curtailment, grid stress rise

Energy & Petroleum

financialexpress.com

India faces an after-sunset power crisis from rising demand and solar curtailment (693 GWh in April). Peak demand may hit 270 GW by 2026. Massive investments in energy storage and grid infrastructure are planned.

1217

Uttar Pradesh govt approves thermal power project of ₹33,000 crore

Uttar Pradesh govt approves thermal power project of ₹33,000 crore

Energy & Petroleum

business-standard.com

Uttar Pradesh government approved a ₹33,000 crore thermal power project in Prayagraj. It involves three 800 MW units, totaling 2,400 MW, a 50:50 joint venture between NTPC and UPRVUN.

24

India must shift from Petro State to Electric State by scaling renewables to 1500 GW: Amitabh Kant

India must shift from Petro State to Electric State by scaling renewables to 1500 GW: Amitabh Kant

Energy & Petroleum

tribuneindia.com

Amitabh Kant urges India to become an 'Electric State' by scaling renewables to 1500 GW, exiting combustion engines by 2032. He stressed grid capacity, battery storage, and green hydrogen for energy independence and Viksit Bharat by 2047.

Govt to back high-risk exploration, Samudra Manthan programme at the final stage: Petroleum Secretary

Govt to back high-risk exploration, Samudra Manthan programme at the final stage: Petroleum Secretary

Energy & Petroleum

newindianexpress.com

Petroleum Secretary announced India's "Samudra Manthan" deep-sea exploration program is in its final stage, with government backing for high-risk activities. India, consuming 5 million barrels/day, ensures fuel availability and navigates energy crises, boosting investor confidence.

Chennai Power Outages Raise Summer Preparedness Questions

Chennai Power Outages Raise Summer Preparedness Questions

Energy & Petroleum

Scheduled power outages hit Chennai, Bengaluru, and Delhi due to maintenance and rising summer demand, exposing strain on aging urban electricity infrastructure. Experts urge investment in smart grids and storage for resilience.

Government urges Indians to save fuel as Strait of Hormuz tensions raise oil concerns – 11 May 2026

Government urges Indians to save fuel as Strait of Hormuz tensions raise oil concerns – 11 May 2026

Energy & Petroleum

Government urged Indians to save fuel amid Strait of Hormuz tensions and rising oil prices (Brent >$104, WTI ~$98). It reassured stable supplies, with 1.26 crore LPG cylinders delivered, but oil companies lost >Rs 1 lakh crore shielding consumers.

42

No fuel shortage in India, govt assures amid global disruptions

No fuel shortage in India, govt assures amid global disruptions

Energy & Petroleum

newsable.asianetnews.com

The Ministry assures no fuel shortage in India, with stable inventories and optimal refinery operations despite global disruptions. PM Modi urged citizens to conserve energy, reduce consumption, and adopt public transport/EVs to alleviate economic burden.

51

Adani calls for sovereign AI push with $100 billion energy plan - domain

Adani calls for sovereign AI push with $100 billion energy plan - domain

Energy & Petroleum

Gautam Adani urged India to boost sovereign AI capabilities, announcing the Adani Group's $100 billion investment in energy transition, digital infrastructure, and AI. He stressed domestic strength amid global fragmentation, focusing on data centers and power generation.

26

Hormuz, hydrocarbons, and India: What the current Middle East conflict means for Indian oil and gas markets

Hormuz, hydrocarbons, and India: What the current Middle East conflict means for Indian oil and gas markets

Energy & Petroleum

energy.economictimes.indiatimes.com

India faces severe energy vulnerability due to Middle East conflicts, relying on Hormuz for 88% crude, 60% LNG, and 90% LPG imports. This causes price volatility and economic strain. India must build strategic reserves and accelerate energy transition for future shocks.

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