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Energy & Petroleum News Today

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UAE's Shock Exit Leaves OPEC Weakened and the Global Oil Order Rewritten

UAE's Shock Exit Leaves OPEC Weakened and the Global Oil Order Rewritten

10 Biggest Oil Companies in the World Dominating the Energy Sector

10 Biggest Oil Companies in the World Dominating the Energy Sector

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

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

Deepwater Gas Boom 2.0 in Southeast Asia: Why It Matters for India

Deepwater Gas Boom 2.0 in Southeast Asia: Why It Matters for India

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

Iraq reinforces its place among world’s top oil suppliers

Iraq reinforces its place among world’s top oil suppliers

Desperate for oil, Formosa Petrochemical hails crude tanker arrival

Desperate for oil, Formosa Petrochemical hails crude tanker arrival

India’s West Asian dilemma

India’s West Asian dilemma

Dutch manufacturing prices rebound on higher crude oil in March

Dutch manufacturing prices rebound on higher crude oil in March

West Asia crisis: Strong response, but challenges persist ahead in petrochem space

West Asia crisis: Strong response, but challenges persist ahead in petrochem space

Govt holds fuel prices, no relief for oil PSUs

Govt holds fuel prices, no relief for oil PSUs

Brent jumps above $114 on Gulf tensions

Brent jumps above $114 on Gulf tensions

Oil prices jump amid reports of Iranian missile strike on U.S. vessel

Oil prices jump amid reports of Iranian missile strike on U.S. vessel

Chevron CEO Warns of Emerging Physical Shortages in Crude Oil

Chevron CEO Warns of Emerging Physical Shortages in Crude Oil

Oil Falls as Ceasefire Holds

Oil Falls as Ceasefire Holds

US Senators Push to Reinstate Russian Oil Sanctions

US Senators Push to Reinstate Russian Oil Sanctions

The Commodities Feed: Middle East re-escalation pushes oil prices higher

The Commodities Feed: Middle East re-escalation pushes oil prices higher

India Condemns Iran Attack on Fujairah as Oil Prices Surge

India Condemns Iran Attack on Fujairah as Oil Prices Surge

California Gas Prices Surge Past $6 Amid Oil Supply Crunch

California Gas Prices Surge Past $6 Amid Oil Supply Crunch

Iraq Offers Huge Discounts for Crude Shipments via Hormuz

Iraq Offers Huge Discounts for Crude Shipments via Hormuz

Latest Market News Of Energy & Petroleum

Daily Report News

Singareni team wins Zambia mine rescue title

Singareni team wins Zambia mine rescue title

Energy & Petroleum

hyderabadmail.com

Singareni's rescue team won first prize at the International Mines Rescue Competition in Zambia, a major achievement after two decades. They completed complex underground tasks, including a 700m deep rescue, in record time.

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?

Energy & Petroleum

UAE, the third-largest OPEC producer, exited OPEC+ on May 1, 2026, planning to ramp up production. This caused WTI crude to tumble below $100/barrel, signaling a major shift in global oil supply dynamics.

74

Chennai Power Shutdowns Raise Summer Grid Concerns

Chennai Power Shutdowns Raise Summer Grid Concerns

Energy & Petroleum

Planned power shutdowns hit Chennai, Bengaluru, and Delhi due to ageing grids and rising summer demand. Maintenance outages disrupt daily life and businesses, exposing the gap between urban growth and utility modernization.

CleanMax to Supply Hybrid Solar-Wind Power to Iron Mountain Data Centres in India

CleanMax to Supply Hybrid Solar-Wind Power to Iron Mountain Data Centres in India

Energy & Petroleum

CleanMax will supply 32 million units of hybrid solar-wind power to Iron Mountain's Indian data centres, raising renewable energy share to 75%. This 5.7 GW deal supports rising AI demand and carbon-free goals.

Khaitan, Shardul Amarchand Mangaldas act on Bajaj Electricals' ₹168 crore acquisition of Morphy Richards

Khaitan, Shardul Amarchand Mangaldas act on Bajaj Electricals' ₹168 crore acquisition of Morphy Richards

Energy & Petroleum

barandbench.com

Bajaj Electricals acquired the 'Morphy Richards' brand and IP from Glen Electric for ₹168 crore, expanding its consumer electricals market footprint across India and neighboring countries.

49

Ecofy raises $15M from Mirova to expand green financing portfolio

Ecofy raises $15M from Mirova to expand green financing portfolio

Energy & Petroleum

Ecofy, an Indian green NBFC, secured $15M from Mirova to expand its financing for rooftop solar and electric mobility solutions. This funding will boost its reach to over 130,000 customers across 26 states, supporting India's energy transition.

112

TVS Launches iQube S 4.7kWh with 175 km Range

TVS Launches iQube S 4.7kWh with 175 km Range

Energy & Petroleum

entrepreneurindia.com

TVS launched the iQube S 4.7kWh electric scooter at ₹1,37,142, offering a 175 km IDC-certified range. This new variant expands their portfolio with a larger battery and new colors, enhancing daily commuting and longer rides.

115

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

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

Energy & Petroleum

tribuneindia.com

The government assures stable LPG and fuel supplies despite the West Asia crisis, urging against panic buying. Over 8.7 million LPG cylinders were delivered in two days, with refineries operating normally and enforcement actions intensified.

12

Activity increases on the Albanian energy exchange - Trading volumes on ALPEX doubled in January-March 2026

Activity increases on the Albanian energy exchange - Trading volumes on ALPEX doubled in January-March 2026

Energy & Petroleum

Albanian energy exchange ALPEX doubled trading volumes in Q1 2026. High hydro production and CBAM advantage boosted exports, making it a fast-growing regional market with increased liquidity.

India’s EV market shifts gears: Premium segment takes the lead

India’s EV market shifts gears: Premium segment takes the lead

Energy & Petroleum

India's EV market is shifting to premium, with ₹20-30 lakh vehicles driving 35.7% share in FY26. Sales grew 87.4% to 2.33 lakh units. Charging infrastructure expanded nearly fivefold to 29,277 stations, boosting confidence despite challenges.

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