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Energy & Petroleum News Today

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Renewable fuel credit prices hit records on US biofuel mandates, oil market volatility

Renewable fuel credit prices hit records on US biofuel mandates, oil market volatility

Indian airlines urge oil firms to defer jet fuel price hike amid Iran war

Indian airlines urge oil firms to defer jet fuel price hike amid Iran war

Economic review: Rising crude prices, supply chain issues strain India, but there is a silver lining

Economic review: Rising crude prices, supply chain issues strain India, but there is a silver lining

India shows ‘cautious resilience’ despite Middle East conflict: DEA

India shows ‘cautious resilience’ despite Middle East conflict: DEA

Farmers should become energy producers, not just food producers: Gadkari

Farmers should become energy producers, not just food producers: Gadkari

India Turns to Mature Oil and Gas Fields to Strengthen Energy Security

India Turns to Mature Oil and Gas Fields to Strengthen Energy Security

Energy security: India must be prepared for oil supply disruptions | Policy Circle

Energy security: India must be prepared for oil supply disruptions | Policy Circle

Sterlite Electric's Pratik Agarwal on Building the Grid That Will Power India's Future

Sterlite Electric's Pratik Agarwal on Building the Grid That Will Power India's Future

Government revises windfall tax on fuel exports from June 1

Government revises windfall tax on fuel exports from June 1

Here’s why Brent crude oil price may drop below $60 soon

Here’s why Brent crude oil price may drop below $60 soon

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

PSU fuel pumps see sales surge as buyers shift from bulk, private retailers

PSU fuel pumps see sales surge as buyers shift from bulk, private retailers

Clean Energy at What Cost?

Clean Energy at What Cost?

India's Central Bank Warns Oil Shock Threatens Growth

India's Central Bank Warns Oil Shock Threatens Growth

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

Soon E20, E22, E25 And E30 Petrol To Have Separate Nozzles At Fuel Stations: Fresh Report

Soon E20, E22, E25 And E30 Petrol To Have Separate Nozzles At Fuel Stations: Fresh Report

West Asia Crisis: PSUs are shock absorbers for fuel price rise; Govt assures energy security, urges public not to panic

West Asia Crisis: PSUs are shock absorbers for fuel price rise; Govt assures energy security, urges public not to panic

Explainer: Is Shifting To Electric Vehicles The Right Move To Escape Fuel Hike?

Explainer: Is Shifting To Electric Vehicles The Right Move To Escape Fuel Hike?

Beyond E20: Bunks Gear Up for Higher Ethanol Options

Beyond E20: Bunks Gear Up for Higher Ethanol Options

India needs to maintain suitable reserves of medicines, medical equipment, EY

India needs to maintain suitable reserves of medicines, medical equipment, EY

Latest Market News Of Energy & Petroleum

Daily Report News

Chile offers India critical minerals play as CEPA talks near finish line

Chile offers India critical minerals play as CEPA talks near finish line

Energy & Petroleum

economictimes.indiatimes.com

Chile offers India critical minerals like copper (20% reserves) and lithium (30% reserves) for green transition, alongside semiconductor talent. CEPA talks aim for Q3/Q4 completion, securing India's supply chains.

84

Power Ministry eyes recovery of ₹800 cr dues from West Bengal

Power Ministry eyes recovery of ₹800 cr dues from West Bengal

Energy & Petroleum

The Economic Times

Power Ministry aims to recover ₹800 crore dues from West Bengal and address ₹15,000 crore losses. Smart Meter Programme for 20 million consumers starts in July, focusing on efficiency and financial sustainability.

Chinese stock draws cap spot crude rally

Chinese stock draws cap spot crude rally

Energy & Petroleum

Hellenic Shipping

China began drawing down its massive onshore crude inventories from the week of May 5, following over two months of sustained builds during the initial Hormuz blockade phase.

1218

Oil markets are betting on a swift end to the Iran war. Investors may regret it

Oil markets are betting on a swift end to the Iran war. Investors may regret it

Energy & Petroleum

Hellenic Shipping

Oil markets are betting on a swift end to the Iran war, with futures pricing a quick resolution. However, analysts warn that investors and consumers are likely to face disappointment.

Commercial LPG cylinder price hiked by Rs 42 in Delhi with effect from June 1

Commercial LPG cylinder price hiked by Rs 42 in Delhi with effect from June 1

Energy & Petroleum

The Economic Times

Commercial LPG cylinder prices hiked from June 1: 19-kg up by Rs 42 in Delhi to Rs 3,113.50, and 5-kg FTL by Rs 11. This raises costs for businesses, but domestic LPG rates remain unchanged, providing household relief.

1217

EV penetration races towards double digits in 2Ws

EV penetration races towards double digits in 2Ws

Energy & Petroleum

timesofindia.indiatimes.com

India's EV market accelerated in May 2026, reaching 2.64 lakh registrations. Electric two-wheelers (e2Ws) hit 1.66 lakh units, with penetration nearing double digits (9% in May), driven by lower costs and fuel price uncertainty.

1010

MTC’s seven new e-depots to be ready by year-end, to cater to additional electric buses next year

MTC’s seven new e-depots to be ready by year-end, to cater to additional electric buses next year

Energy & Petroleum

timesofindia.indiatimes.com

MTC will launch additional electric buses next year. Seven new e-depots will be ready by year-end, expanding from current five. This adds to 625 existing e-buses, increasing services from 3,783 to improve Chennai's green mobility.

1217

HC orders interim stay on TNGECL letter stalling wind, solar projects in TN

HC orders interim stay on TNGECL letter stalling wind, solar projects in TN

Energy & Petroleum

timesofindia.indiatimes.com

Madras HC ordered an interim stay on TNGECL's letter stalling 226 solar (736.5MW) and 7 wind (400MW) projects in TN, citing irregularities. SunPro Renewable Energy's petition highlighted investments and bank guarantees.

84

Refiners adjust to new crude mix as Hormuz crisis tightens supply

Refiners adjust to new crude mix as Hormuz crisis tightens supply

Energy & Petroleum

economictimes.indiatimes.com

Indian refiners are adapting plants to new crude mixes due to the Hormuz crisis, seeking alternative sources and optimising operations. Lummus Technology aids this shift, noting strong interest in new projects like gas-to-chemicals and refinery expansions, creating opportunities despite regional conflicts.

Chery iCar V23 electric utility vehicle begins testing in India to take on Mahindra Thar Electric

Chery iCar V23 electric utility vehicle begins testing in India to take on Mahindra Thar Electric

Energy & Petroleum

Chery's iCar V23 electric SUV begins India testing for a 2027 launch via JSW Motors, targeting Mahindra Thar Electric. It boasts 401-510km range, 205-210mm ground clearance, and ADAS, with local production planned.

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