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Energy & Petroleum News Today

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IEA Warns Renewed U.S.-Iran Conflict Could Upend Oil Surplus Forecast

IEA Warns Renewed U.S.-Iran Conflict Could Upend Oil Surplus Forecast

Fuel Refining Margins Hit Record Highs as Markets Tighten

Fuel Refining Margins Hit Record Highs as Markets Tighten

Oil prices slide over 1% as US-Iran conflict clouds Hormuz reopening

Oil prices slide over 1% as US-Iran conflict clouds Hormuz reopening

Govt says no to separate E10, E20 and pure petrol supply for consumers

Govt says no to separate E10, E20 and pure petrol supply for consumers

More LNG Carriers Brave the Strait of Hormuz Despite Renewed Hostilities

More LNG Carriers Brave the Strait of Hormuz Despite Renewed Hostilities

INSIGHT: Economic woes borne of Mideast war weigh on Asia petrochemicals

INSIGHT: Economic woes borne of Mideast war weigh on Asia petrochemicals

E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: Govt

E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: Govt

Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopening

Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopening

India Expands Strategic Oil Reserves With New ONGC Storage Plan

India Expands Strategic Oil Reserves With New ONGC Storage Plan

Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate

Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate

The United States produced more crude oil than any other country in 2025

The United States produced more crude oil than any other country in 2025

Which countries use E20 or higher ethanol blends? A global guide

Which countries use E20 or higher ethanol blends? A global guide

Hardeep Puri explains why India has among world's cheapest petrol, spells out country's fuel strategy

Hardeep Puri explains why India has among world's cheapest petrol, spells out country's fuel strategy

ONGC to undertake 1.75 MMT strategic oil reserve expansion at Mangaluru

ONGC to undertake 1.75 MMT strategic oil reserve expansion at Mangaluru

Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-end

Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-end

India Cuts Fossil Fuel Share To 60-Year Low, Yet Imports 90% Of Its Crude Oil

India Cuts Fossil Fuel Share To 60-Year Low, Yet Imports 90% Of Its Crude Oil

BPCL Iran Oil Imports Halted Amid US Sanctions Revocation

BPCL Iran Oil Imports Halted Amid US Sanctions Revocation

Major success for Modi government as THIS country agrees to supply uranium to India

Major success for Modi government as THIS country agrees to supply uranium to India

Strait Of Hormuz Explained: Why Fresh US-Iran Tensions Matter For India’s Economy

Strait Of Hormuz Explained: Why Fresh US-Iran Tensions Matter For India’s Economy

Bandar Abbas: The port city at the centre of the Iran-U.S. war

Bandar Abbas: The port city at the centre of the Iran-U.S. war

Latest Market News Of Energy & Petroleum

Daily Report News

SCCL Eyes Entry into Coal Gasification Sector

SCCL Eyes Entry into Coal Gasification Sector

Energy & Petroleum

deccanchronicle.com

SCCL is exploring coal gasification, aiming for diversification. A 400-tonnes/day ammonium nitrate plant feasibility study is done, while pilot projects and techno-economic studies are underway for surface and underground gasification in five deep coal blocks.

Delhi EV policy mandates should not be imposed, says transport union

Delhi EV policy mandates should not be imposed, says transport union

Energy & Petroleum

business-standard.com

Delhi transport union opposes mandatory EV policy, citing lack of charging infrastructure, financial aid, and disposal plans. Mandates for electric three-wheelers start Jan 2027, two-wheelers April 2028.

86

India Natural Gas Demand Seen Falling 8% in 2026

India Natural Gas Demand Seen Falling 8% in 2026

Energy & Petroleum

India's natural gas demand is projected to fall 8% in 2026 due to West Asia conflict disruptions. Industrial sectors like fertilizers (down 7%) and petrochemicals (down 21%) face declines, while residential demand grows 12%.

PM E-DRIVE scheme: KSEB eyes stronger private participation in EV charging station roll-out in Phase II

PM E-DRIVE scheme: KSEB eyes stronger private participation in EV charging station roll-out in Phase II

Energy & Petroleum

KSEB proposes Phase II of PM E-DRIVE scheme in Kerala, aiming for 315 EV charging stations across 277 locations with increased private participation. It seeks a ₹60 crore subsidy for this expansion.

38

LG Ladakh Saxena inaugurates Centre of Excellence for Smart Energy, Electrical Systems

LG Ladakh Saxena inaugurates Centre of Excellence for Smart Energy, Electrical Systems

Energy & Petroleum

LG Ladakh inaugurated a Centre of Excellence for Smart Energy & Electrical Systems in Leh. Partnering with Schneider Electric, it will skill youth in renewable energy, automation, and EV tech, fostering innovation for sustainable development.

22

India’s Power Industry Set to Gain Most from Global AI Expansion, Says Shriram Mutual Fund Report

India’s Power Industry Set to Gain Most from Global AI Expansion, Says Shriram Mutual Fund Report

Energy & Petroleum

impressivetimes.com

Shriram Mutual Fund report states India's power sector will gain most from global AI expansion by supplying electricity and infrastructure for data centers, rather than developing AI models. This creates long-term opportunities for power and electrical equipment industries.

19

The Tata Ultra T.7. Tata Motors pushes compact electric trucks - ad-hoc

The Tata Ultra T.7. Tata Motors pushes compact electric trucks - ad-hoc

Energy & Petroleum

Tata Motors launches the Ultra T.7 Electric truck in India, offering up to 600 km range for urban and regional cargo. This 7-tonne vehicle aims for lower operating costs, expanding the company's EV portfolio and driving stock price.

Weekly round-up: Weak steel demand kept coal markets under sustained pressure this week

Weekly round-up: Weak steel demand kept coal markets under sustained pressure this week

Energy & Petroleum

Weak steel demand pressured coal markets, causing imported thermal coal, PHCC, and some met coke prices to decline. Indonesian 5,000 GAR fell INR 400/t, South African RB3 dropped INR 550/t. Petcoke became competitive, while domestic coal remained stable.

Türkiye's daily power consumption down 0.16% on July 10

Türkiye's daily power consumption down 0.16% on July 10

Energy & Petroleum

Türkiye's daily power consumption on July 10 decreased by 0.16% to 1,120,499 MWh. Production rose 0.34% to 1,121,169 MWh. Exports were 6,687 MWh, imports 5,933 MWh. Hydro, coal, and solar were key sources.

1218

Higher oil prices fuel profits for producers, political pressure for White House

Higher oil prices fuel profits for producers, political pressure for White House

Energy & Petroleum

Higher oil prices are boosting Q2 profits for US energy giants like ExxonMobil ($15.7B) and Chevron ($9.9B). This windfall, however, fuels political pressure on the White House over rising gasoline costs ahead of November's midterm elections.

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EX - Pithampur

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EX - Mangalore

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EX - Mundra

Imported

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EX - Mathura

Imported

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EX - Karwar

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