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Energy & Petroleum News Today

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US lends 53.3 million barrels from oil reserve amid Iran conflict

US lends 53.3 million barrels from oil reserve amid Iran conflict

‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving push

‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving push

Brazil's Oil Exports to China Double as Iran War Upends Crude Flows

Brazil's Oil Exports to China Double as Iran War Upends Crude Flows

Govt revises oil royalty rates to spur domestic output, cut import reliance

Govt revises oil royalty rates to spur domestic output, cut import reliance

India gold shares fall on Modi comments

India gold shares fall on Modi comments

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

Iran war effect: Why is Modi asking Indians to avoid foreign trips, gold?

Iran war effect: Why is Modi asking Indians to avoid foreign trips, gold?

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

No fuel shortage in India, govt assures amid global disruptions

No fuel shortage in India, govt assures amid global disruptions

Modi urges Indians to curb spending as Hormuz crisis pressures economy

Modi urges Indians to curb spending as Hormuz crisis pressures economy

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

Beyond EVs: Why India’s Sustainable Mobility Future Needs More Than Electric Cars

Beyond EVs: Why India’s Sustainable Mobility Future Needs More Than Electric Cars

Transitioning Indian Industry to Solar is an Economic Necessity

Transitioning Indian Industry to Solar is an Economic Necessity

April 2026 — Monthly analysis of Russian fossil fuel exports and sanctions

April 2026 — Monthly analysis of Russian fossil fuel exports and sanctions

India's growth to slow to 6.7% on waning momentum, oil price shock: BMI

India's growth to slow to 6.7% on waning momentum, oil price shock: BMI

Energy News Monitor | Volume XXII, Issue 40

Energy News Monitor | Volume XXII, Issue 40

Modi Urges Indians to Conserve Fuel as Oil Shock Spreads

Modi Urges Indians to Conserve Fuel as Oil Shock Spreads

Asia braces for second wave of energy shocks from Iran war

Asia braces for second wave of energy shocks from Iran war

Godavari Biorefineries Set to Commission Ethanol Facility in Karnataka

Godavari Biorefineries Set to Commission Ethanol Facility in Karnataka

Travel and Tourism stocks fall after PM Modi speech on fuel conservation, international travel

Travel and Tourism stocks fall after PM Modi speech on fuel conservation, international travel

Latest Market News Of Energy & Petroleum

Daily Report News

Bengaluru Electric Vehicle Infrastructure Expansion Gains Momentum

Bengaluru Electric Vehicle Infrastructure Expansion Gains Momentum

Energy & Petroleum

Karnataka plans over 1,000 high-capacity EV charging stations, boosting urban mobility and cleaner transport, especially in Bengaluru. This initiative aims to accelerate EV adoption and reduce emissions.

Delhi minister takes e-rickshaw heeding Modi's advice to shun fuel-driven cars

Delhi minister takes e-rickshaw heeding Modi's advice to shun fuel-driven cars

Energy & Petroleum

infra.economictimes.indiatimes.com

Delhi Minister Ashish Sood used Metro and e-rickshaw for a school visit, following PM Modi's call to reduce fuel consumption and use public transport amid the West Asia crisis.

28

Hormuz shipping disruption continues as Trump rejects Iran peace proposal

Hormuz shipping disruption continues as Trump rejects Iran peace proposal

Energy & Petroleum

infra.economictimes.indiatimes.com

Hormuz shipping disruption continues as Trump rejected Iran's peace proposal, escalating US pressure. Brent Crude rose 2% to $106/barrel amid supply fears, despite US releasing 53.3 million barrels from strategic reserves.

EU energy ministers to mull domestic gas drilling amid security concerns

EU energy ministers to mull domestic gas drilling amid security concerns

Energy & Petroleum

Hellenic Shipping

The EU Cyprus Presidency will discuss domestic gas drilling amid energy security concerns and soaring prices. Projects in Greece, Italy, Romania, and Poland are flagged for increased exploration.

87

Norway’s oil revenue to rise $18 billion on Iran war energy prices

Norway’s oil revenue to rise $18 billion on Iran war energy prices

Energy & Petroleum

Hellenic Shipping

Norway's oil revenue is projected to reach $78.71 billion (721.1 billion crowns) this year, up from 557.4 billion crowns, due to higher energy prices from the Iran war.

Consumer tagging to curb power pilferage in Bihar | Hindustan Times

Consumer tagging to curb power pilferage in Bihar | Hindustan Times

Energy & Petroleum

hindustantimes.com

Bihar's discoms are linking 22.2 million consumers to transformers by June to curb power theft, improve energy accounting, and forecast demand. This tech-driven exercise has already reduced AT&C losses to 14.5% and 17%.

83

Ganga e-way gets 9 fuel stations, EV chargers

Ganga e-way gets 9 fuel stations, EV chargers

Energy & Petroleum

timesofindia.indiatimes.com

Ganga Expressway now features 9 fuel and 9 EV charging stations, operational before May 14 toll end. UPEIDA ensures European-standard ride quality, with 633 cameras and a 14449 helpline.

66

Bokaro Steel Plant Embraces Electric Vehicles for Greener Operations

Bokaro Steel Plant Embraces Electric Vehicles for Greener Operations

Energy & Petroleum

timesofindia.indiatimes.com

Bokaro Steel Plant deployed 45 EV cars for CGMs, planning more EVs and buses for greener operations. Other steel firms like ESL Steel (one-third LMV fleet electrified) and BMW Industries are also adopting electric vehicles for decarbonization.

Telangana makes strides in EV adoption, records 91K registrations in 2025–26

Telangana makes strides in EV adoption, records 91K registrations in 2025–26

Energy & Petroleum

Telangana recorded 91,572 EV registrations in FY2025-26, reaching over 2.8 lakh total. The state plans 2,800 e-buses by 2027 and 6,000 charging stations by 2030, offering tax exemptions and single-window clearances to boost EV adoption.

What is driving the volatility in India's spot power prices?

What is driving the volatility in India's spot power prices?

Energy & Petroleum

business-standard.com

India's spot power prices fluctuated wildly, hitting Rs 0.01 during solar hours due to high RE and low demand, but spiking to Rs 20 in non-solar hours amid high demand. Average HP-DAM price reached Rs 19.6.

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