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Energy & Petroleum News Today

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BofA: Plastic prices surge as Iran conflict disrupts petrochemical supply

BofA: Plastic prices surge as Iran conflict disrupts petrochemical supply

Despite West Asia Crisis, Fuel Supply Stable Nationwide. Excise Duty to Offset Global Crude Surge

Despite West Asia Crisis, Fuel Supply Stable Nationwide. Excise Duty to Offset Global Crude Surge

No government financial support planned for fuel retailers' petrol, diesel, ATF losses

No government financial support planned for fuel retailers' petrol, diesel, ATF losses

China Defies U.S. Sanctions: Oil, Iran and the Escalating Geopolitics of Energy Power

China Defies U.S. Sanctions: Oil, Iran and the Escalating Geopolitics of Energy Power

Fuel Price Hike Likely as OMC Losses Deepen, Crude Prices Stay Elevated

Fuel Price Hike Likely as OMC Losses Deepen, Crude Prices Stay Elevated

Trump Project Freedom: Strait of Hormuz Oil Crisis

Trump Project Freedom: Strait of Hormuz Oil Crisis

India’s Deep-Sea Oil Push: Govt Eyes ‘No-Go’ Zones to Cut Import Dependence

India’s Deep-Sea Oil Push: Govt Eyes ‘No-Go’ Zones to Cut Import Dependence

Russia takes advantage of expanding oil and gas market

Russia takes advantage of expanding oil and gas market

Most Strait of Hormuz shipping at a standstill despite latest US pledge

Most Strait of Hormuz shipping at a standstill despite latest US pledge

Kuwait’s oil production expected to reach 2.628 million bpd in June, state media reports

Kuwait’s oil production expected to reach 2.628 million bpd in June, state media reports

Shipping Freeze Deepens in Strait of Hormuz

Shipping Freeze Deepens in Strait of Hormuz

UAE: OPEC Exit 'Not Directed Against Anyone'

UAE: OPEC Exit 'Not Directed Against Anyone'

Ukrainian drones hit Russia's Primorsk port, oil tankers and military ships

Ukrainian drones hit Russia's Primorsk port, oil tankers and military ships

Russian Oil Cargo Set to Arrive in Japan Amid Supply Strains

Russian Oil Cargo Set to Arrive in Japan Amid Supply Strains

$125 Oil Could Tip Global Economy Into Recession

$125 Oil Could Tip Global Economy Into Recession

U.S. oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say

U.S. oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say

OPEC Report Shows Oil Demand Reached Over 105MMBpd in 2025

OPEC Report Shows Oil Demand Reached Over 105MMBpd in 2025

Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’

Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’

BLOG: Oil and product prices set to be ‘higher for longer’ as Hormuz remains closed

BLOG: Oil and product prices set to be ‘higher for longer’ as Hormuz remains closed

Japan ready to act on crude oil futures amid currency moves

Japan ready to act on crude oil futures amid currency moves

Latest Market News Of Energy & Petroleum

Daily Report News

Public Sector Energy and Clean Energy Expansion

Public Sector Energy and Clean Energy Expansion

Energy & Petroleum

money.rediff.com

India's nine public sector energy companies invested just 10% (Rs 260 billion) of their Rs 2.6 trillion FY25 capital in clean energy, with Rs 2.3 trillion in fossil fuels. IISD analysis urges redirection for emissions reduction and energy security.

45

Bondada Engineering eyes ₹10,000 cr investment for 25 GW RE, data centres

Bondada Engineering eyes ₹10,000 cr investment for 25 GW RE, data centres

Energy & Petroleum

business-standard.com

Bondada Engineering eyes ₹10,000 crore investment for 25 GW renewable energy by 2030, expanding into data centres and defence. It targets a ₹10,000 crore order book, including 16 GW solar and 9 GW BESS.

76

Gadkari assures Mizoram CM of strong push for highway development in state

Gadkari assures Mizoram CM of strong push for highway development in state

Energy & Petroleum

english.punjabkesari.com

Union Minister Gadkari assured Mizoram CM Lalduhoma of strong support for highway development, including upgrading NHs, sanctioning projects like Mamit-Bairabi, and considering resurfacing old roads. Discussions also covered cost reduction and 40% bitumen price rise.

22

Odisha Dy CM Singh Deo Reviews Power Preparedness for Summer and Kalbaisakhi Season

Odisha Dy CM Singh Deo Reviews Power Preparedness for Summer and Kalbaisakhi Season

Energy & Petroleum

pragativadi.com

Odisha's Dy CM reviewed power preparedness for summer and Kalbaisakhi, directing DISCOMs to ensure 24/7 reliable supply, strengthen infrastructure, enhance safety, and address consumer complaints promptly. Weekly compliance reports are mandated.

74

India proposes reducing anti-dumping duties on imported metallurgical coking coal

India proposes reducing anti-dumping duties on imported metallurgical coking coal

Energy & Petroleum

India's DGTR proposes reducing anti-dumping duties on metallurgical coking coal imports. Duties for Indonesia drop from $82.75/ton to $67.50/ton, and Japan from $60.87/ton to $42.95/ton, effective until June 30. This follows findings of dumping impact.

95

Acelion Pins Hopes On Hybrid Inverter and BESS Products As Sole Growth Drivers

Acelion Pins Hopes On Hybrid Inverter and BESS Products As Sole Growth Drivers

Energy & Petroleum

Acelion Energy Storage launched hybrid inverters (3-50kW) and Li-ion BESS (5-500kWh) for India's solar market. Leveraging 1.6GW EPC experience, they target residential/commercial users with in-house BMS and IP65-rated products, planning future localization.

12

Fire at RBI Delhi Building Caused by Rooftop Solar Panels, 6 Fire Tenders Deployed

Fire at RBI Delhi Building Caused by Rooftop Solar Panels, 6 Fire Tenders Deployed

Energy & Petroleum

thelogicalindian.com

A fire broke out at the RBI Delhi building's rooftop solar panels on Tuesday afternoon. Five to six fire tenders quickly controlled the blaze within 15-20 minutes. No injuries or major damage reported, but it highlights solar safety concerns.

65

Next Solar IPO Wave: Solar Inverter Firms Line Up IPO Plans Amid Expansion Push

Next Solar IPO Wave: Solar Inverter Firms Line Up IPO Plans Amid Expansion Push

Energy & Petroleum

India's solar inverter firms are lining up IPOs in the next 12-24 months, following module makers. This wave signals expansion, product diversification into hybrid, microinverters, and storage, and a maturing clean energy market.

87

Electric Vehicle Charging Station Market: EV Adoption, Infrastructure Expansion and Growth Outlook

Electric Vehicle Charging Station Market: EV Adoption, Infrastructure Expansion and Growth Outlook

Energy & Petroleum

The global EV charging station market reached USD 21.6B in 2025, projected to hit USD 213.7B by 2034 (28.15% CAGR), driven by EV adoption, infrastructure, and AI. Asia Pacific leads. India aims for 400,000 charging points by 2027.

India fuel retailers face credit strain as high oil prices persist, says Fitch

India fuel retailers face credit strain as high oil prices persist, says Fitch

Energy & Petroleum

energy.economictimes.indiatimes.com

Fitch warns Indian fuel retailers face credit strain if high oil prices persist, eroding EBITDA and increasing working capital. Delayed price pass-through threatens earnings and cash flow, with IOC more resilient than BPCL and HPCL.

62

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