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Energy & Petroleum News Today

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Nigeria: Domestic refineries received 61.9mln barrels of crude oil in Q1 2026 —Report

Nigeria: Domestic refineries received 61.9mln barrels of crude oil in Q1 2026 —Report

Brent oil prices fall below $100 amid reports U.S., Iran nearing deal to end war

Brent oil prices fall below $100 amid reports U.S., Iran nearing deal to end war

Crude Oil Inventories Fall Less Than Expected, Impacting Prices

Crude Oil Inventories Fall Less Than Expected, Impacting Prices

Physical Oil Market Does Not Run on Political Timelines

Physical Oil Market Does Not Run on Political Timelines

U.S. Cracks Down on Iraq Oil Links to Iran

U.S. Cracks Down on Iraq Oil Links to Iran

Russia’s oil tax revenues hit six-month high in April amid Iran war

Russia’s oil tax revenues hit six-month high in April amid Iran war

Bangladesh power costs climb despite falling coal and oil prices

Bangladesh power costs climb despite falling coal and oil prices

US-Iran war hits Americans with gas prices, inflation surge

US-Iran war hits Americans with gas prices, inflation surge

Views of A.K. Tiwari: “PNG has become a policy priority”

Views of A.K. Tiwari: “PNG has become a policy priority”

The oil refinery crisis is just a "warm-up": when to expect the real collapse of the Russian economy

The oil refinery crisis is just a "warm-up": when to expect the real collapse of the Russian economy

UAE's OPEC+ Exit: Is the Era of 'Great Coordination' in Oil Supply Over?

UAE's OPEC+ Exit: Is the Era of 'Great Coordination' in Oil Supply Over?

Crude oil futures slump over 11% to ?8,588/barrel; Brent slips below $100

Crude oil futures slump over 11% to ?8,588/barrel; Brent slips below $100

No shortage of LPG, fuel supplies stable despite West Asia crisis: Government

No shortage of LPG, fuel supplies stable despite West Asia crisis: Government

India Caps Fuel Prices Amid Refinery Maintenance, May Hide Margin Squeeze

India Caps Fuel Prices Amid Refinery Maintenance, May Hide Margin Squeeze

Bangladesh’s Fossil Fuel Dependence Deepens As RE Share Remains at 2.3%: IEEFA

Bangladesh’s Fossil Fuel Dependence Deepens As RE Share Remains at 2.3%: IEEFA

LPG gas cylinder price on 6 May: Check domestic and commercial cooking gas rates in New Delhi, Mumbai, Bengaluru today

LPG gas cylinder price on 6 May: Check domestic and commercial cooking gas rates in New Delhi, Mumbai, Bengaluru today

India’s energy security amid conflicts

India’s energy security amid conflicts

Rhetoric vs reality: India’s energy situation demands urgent action

Rhetoric vs reality: India’s energy situation demands urgent action

Carriers to remain cautious transiting Strait of Hormuz amid on-again, off-again peace talks

Carriers to remain cautious transiting Strait of Hormuz amid on-again, off-again peace talks

Oil Markets Face Precarious ‘Double Depletion’

Oil Markets Face Precarious ‘Double Depletion’

Latest Market News Of Energy & Petroleum

Daily Report News

Coal India sees muted April e-auction demand despite strong premiums

Coal India sees muted April e-auction demand despite strong premiums

Energy & Petroleum

Hellenic Shipping

CIL's April 2026 e-auction saw muted demand, allocating only 39% of 305.51 lakh tonnes offered. This signals a subdued start to FY27 despite adequate supply.

1215

US Natgas Prices Rise after EIA Data

US Natgas Prices Rise after EIA Data

Energy & Petroleum

Hellenic Shipping

US natural gas futures climbed over 2% to $2.79 per MMBtu after the Energy Information Administration reported a smaller-than-expected storage build, indicating market strength.

1112

US Natural Gas Stocks Rise Less than Expected

US Natural Gas Stocks Rise Less than Expected

Energy & Petroleum

Hellenic Shipping

US energy firms injected 63 billion cubic feet of natural gas into storage by May 1, falling short of the 74 bcf market expectation. This indicates a less-than-expected rise in natural gas stocks.

European natural gas prices drop amid hopes for U.S.-Iran peace deal

European natural gas prices drop amid hopes for U.S.-Iran peace deal

Energy & Petroleum

Hellenic Shipping

European natural gas prices retreated on Thursday, driven by investor optimism over ongoing efforts to forge a U.S.-Iran peace deal, aiming to end the Iran war.

121

Brent prices edge lower as hopes surround prospects for U.S.-Iran peace deal

Brent prices edge lower as hopes surround prospects for U.S.-Iran peace deal

Energy & Petroleum

Hellenic Shipping

Oil prices fell on Thursday, continuing a previous session's tumble, as investors considered prospects for a Middle East peace deal and assessed U.S. inventory data.

Parliamentary panel to review domestic petroleum production amid West Asia crisis

Parliamentary panel to review domestic petroleum production amid West Asia crisis

Energy & Petroleum

newindianexpress.com

Parliamentary panel to review domestic petroleum production and energy security on May 15, 2026, amid West Asia crisis. India's LPG imports halved, risking 55% consumption. Refineries boosted output 40%, but a significant supply gap remains.

65

⚡ Is Your Electricity Bill Set to Rise? New Penalty Rules Introduced

⚡ Is Your Electricity Bill Set to Rise? New Penalty Rules Introduced

Energy & Petroleum

indiaherald.com

New electricity billing rules for 2026 introduce stricter penalties for late payments, clearer disconnection rules, and dynamic pricing. Bills may rise due to penalties or peak usage, not a universal hike. Pay on time to avoid higher costs.

53

GT Voice: Anti-dumping complaints can’t cure EU’s chemical cost woes

GT Voice: Anti-dumping complaints can’t cure EU’s chemical cost woes

Energy & Petroleum

EU's chemical industry sees record anti-dumping complaints against Chinese imports, fueled by high energy costs (30% of production). Protectionism won't solve woes, raising prices and hindering innovation. Structural energy reforms are the real cure.

Greater Noida Supply Revamp Benefits Ghaziabad

Greater Noida Supply Revamp Benefits Ghaziabad

Energy & Petroleum

A new 20 MVA Shahberi substation will reroute power for ~20,000 consumers in Ghaziabad and Greater Noida from May 20. This improves reliability, reduces grid stress, and decentralizes supply.

India: South African coal portside prices remain under pressure amid high stocks, falling sponge offers

India: South African coal portside prices remain under pressure amid high stocks, falling sponge offers

Energy & Petroleum

Indian portside South African coal prices saw mixed trends; RB2 5,500 NAR rose to INR 11,050/t, while RB3 4,800 NAR fell. Imports dropped 43.4% to 1.97 mnt in April. High stocks (15.14 mnt) and weak sponge iron demand pressure buying despite firm international offers.

14

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