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Energy & Petroleum News Today

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Windfall gains tax slashed on petrol, diesel, ATF exports

Windfall gains tax slashed on petrol, diesel, ATF exports

Rystad: U.S.-Iran Re-Escalation Could Drive Oil To $180 By August

Rystad: U.S.-Iran Re-Escalation Could Drive Oil To $180 By August

Russia Bans Jet Fuel Exports as Ukrainian Attacks Cripple Refining

Russia Bans Jet Fuel Exports as Ukrainian Attacks Cripple Refining

Oil Prices Up 3% As Trump Demands Changes To Iran Deal

Oil Prices Up 3% As Trump Demands Changes To Iran Deal

Fuel price hikes again as India’s oil shock moves downstream

Fuel price hikes again as India’s oil shock moves downstream

Goldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock Risks

Goldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock Risks

India may have found reliable trade route beyond Strait of Hormuz with Oman trade deal

India may have found reliable trade route beyond Strait of Hormuz with Oman trade deal

An LNG glut is on its way

An LNG glut is on its way

Refiners adjust to new crude mix as Hormuz crisis tightens supply

Refiners adjust to new crude mix as Hormuz crisis tightens supply

Bengaluru Fuel Costs Stay High Amid Global Oil Risks

Bengaluru Fuel Costs Stay High Amid Global Oil Risks

Sri Lanka raise fuel prices after IMF loan instalment

Sri Lanka raise fuel prices after IMF loan instalment

SUPPLY CHAIN VULNERABILITIES AND STRATEGIC CONCERNS FOR INDIA'S PHARMACEUTICAL INDUSTRY AMID HORMUZ CRISIS | The Sunday Guardian - newspaper

SUPPLY CHAIN VULNERABILITIES AND STRATEGIC CONCERNS FOR INDIA'S PHARMACEUTICAL INDUSTRY AMID HORMUZ CRISIS | The Sunday Guardian - newspaper

UAE’s Exit from OPEC and Its Implications for India’s Energy Security

UAE’s Exit from OPEC and Its Implications for India’s Energy Security

Oil Prices Rise as Israel Expands Lebanon Offensive

Oil Prices Rise as Israel Expands Lebanon Offensive

India cuts export duties on petrol, diesel and aviation turbine fuel

India cuts export duties on petrol, diesel and aviation turbine fuel

Anatomy of fuel prices in India

Anatomy of fuel prices in India

Amidst Middle East and Hormuz crises, India purchases 5 million barrels of crude oil; will petrol and diesel prices drop?

Amidst Middle East and Hormuz crises, India purchases 5 million barrels of crude oil; will petrol and diesel prices drop?

IMF, World Bank, IEA chiefs warn of summer fuel scarcity if Hormuz strait remains closed

IMF, World Bank, IEA chiefs warn of summer fuel scarcity if Hormuz strait remains closed

How Should India’s Economy Prepare For A Fuel, Food And Inflation Shock?

How Should India’s Economy Prepare For A Fuel, Food And Inflation Shock?

MNRE Secretary reviews Green Energy projects at VOC Port

MNRE Secretary reviews Green Energy projects at VOC Port

Latest Market News Of Energy & Petroleum

Daily Report News

LPG sales decline 24% in May; Petrol and diesel see 4.8% and 6.4% rise, respectively

LPG sales decline 24% in May; Petrol and diesel see 4.8% and 6.4% rise, respectively

Energy & Petroleum

The Economic Times

LPG sales dropped 24% in May, while petrol and diesel saw rises of 4.8% and 6.4% respectively. Aviation fuel also increased 1.8%. Diesel's higher growth suggests a shift to cheaper state-run pumps.

1019

Cash Ur Drive Marketing wins 10-year EV charging project

Cash Ur Drive Marketing wins 10-year EV charging project

Energy & Petroleum

Cash Ur Drive Marketing secured a 10-year EV charging project, aiming for setup within 90 days. FY26 saw net profit rise 65% to ₹29.40 crore, with revenue up 34% to ₹186.67 crore, reflecting strong growth.

93

Global appetite for Venezuelan crude drives third month of export gains

Global appetite for Venezuelan crude drives third month of export gains

Energy & Petroleum

bairdmaritime.com

Venezuela's oil exports hit 1.25 million bpd in May, marking a third consecutive monthly gain, driven by increased shipments to the US, India, and Europe. This 61% year-on-year rise, fueled by eased sanctions, projects 1.37 million bpd by year-end.

1219

NTPC Showcases India’s Energy Future to Myanmar President

NTPC Showcases India’s Energy Future to Myanmar President

Energy & Petroleum

theindianawaaz.com

NTPC showcased India's clean energy future, including renewables, green hydrogen, and storage, to Myanmar President. The visit highlighted India's ambition to be a regional clean-energy technology provider and foster cooperation.

51

Strait of Hormuz closure a wake-up call to diversify energy, push renewables: Amit Mor

Strait of Hormuz closure a wake-up call to diversify energy, push renewables: Amit Mor

Energy & Petroleum

Strait of Hormuz closure urges energy diversification, pushing renewables like agrivoltaics. India and Israel can collaborate. UAE's potential 5 million barrels/day oil increase and the IMEC corridor offer strategic alternatives, enhancing energy security.

35

CS reviews progress in solarisation of Government buildings

CS reviews progress in solarisation of Government buildings

Energy & Petroleum

globalkashmir.net

J&K reviewed solarisation progress, targeting 70MW+175MW for government buildings, with 3,000 already solarised. Initiatives include 4,841 PM-KUSUM solar pumps, 35.25MW hydro projects, and plans for a 100MW solar park, boosting clean energy.

115

Coal Minister G. Kishan Reddy visits Odisha, reviews performance of MCL

Coal Minister G. Kishan Reddy visits Odisha, reviews performance of MCL

Energy & Petroleum

prameyanews.com

Union Coal Minister G. Kishan Reddy reviewed Odisha's coal and mining sector performance, focusing on enhancing production, infrastructure, clean energy, and sustainable practices. He also commended MCL's Women Mines Rescue Team for their dedication.

Assam eyes greater role in India's energy growth after CM's meeting with Union Minister for Petroleum

Assam eyes greater role in India's energy growth after CM's meeting with Union Minister for Petroleum

Energy & Petroleum

Assam CM met Union Minister Puri to discuss strengthening the state's hydrocarbon sector. They focused on expanding exploration and boosting production to enhance Assam's role in India's energy growth and economic development, fostering Centre-state cooperation.

AP’s power sector key to India’s clean energy transition: AP Transco JMD Surya Sai Praveenchand

AP’s power sector key to India’s clean energy transition: AP Transco JMD Surya Sai Praveenchand

Energy & Petroleum

AP's power sector is crucial for India's clean energy transition. India's capacity exceeds 532 GW, with 50% non-fossil fuel. AP's demand is projected to reach 180,000 MU by 2035, managing 21,400 MW for 2.03 crore consumers.

How renewable energy is redefining India’s industrial growth

How renewable energy is redefining India’s industrial growth

Energy & Petroleum

fortuneindia.com

India's renewable energy capacity nearly tripled to over 263 GW by 2026, achieving 50% non-fossil fuel capacity by 2025. This redefines industrial growth, driving net-zero by 2070, and shaping a competitive, distributed economy.

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