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Energy & Petroleum News Today

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Fuel Price Hike Likely as OMC Losses Deepen, Crude Prices Stay Elevated

Fuel Price Hike Likely as OMC Losses Deepen, Crude Prices Stay Elevated

Trump Project Freedom: Strait of Hormuz Oil Crisis

Trump Project Freedom: Strait of Hormuz Oil Crisis

India’s Deep-Sea Oil Push: Govt Eyes ‘No-Go’ Zones to Cut Import Dependence

India’s Deep-Sea Oil Push: Govt Eyes ‘No-Go’ Zones to Cut Import Dependence

Russia takes advantage of expanding oil and gas market

Russia takes advantage of expanding oil and gas market

Shipping Freeze Deepens in Strait of Hormuz

Shipping Freeze Deepens in Strait of Hormuz

Oil Surges on Middle East Attacks

Oil Surges on Middle East Attacks

Russian Oil Cargo Set to Arrive in Japan Amid Supply Strains

Russian Oil Cargo Set to Arrive in Japan Amid Supply Strains

$125 Oil Could Tip Global Economy Into Recession

$125 Oil Could Tip Global Economy Into Recession

Ukrainian drones hit Russia's Primorsk port, oil tankers and military ships

Ukrainian drones hit Russia's Primorsk port, oil tankers and military ships

U.S. oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say

U.S. oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say

OPEC Report Shows Oil Demand Reached Over 105MMBpd in 2025

OPEC Report Shows Oil Demand Reached Over 105MMBpd in 2025

Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’

Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’

BLOG: Oil and product prices set to be ‘higher for longer’ as Hormuz remains closed

BLOG: Oil and product prices set to be ‘higher for longer’ as Hormuz remains closed

Japan ready to act on crude oil futures amid currency moves

Japan ready to act on crude oil futures amid currency moves

Oil Prices Jump After Iran Claims Missile Strike on U.S. Navy Vessel Near Hormuz

Oil Prices Jump After Iran Claims Missile Strike on U.S. Navy Vessel Near Hormuz

UAE Withdraws From OAPEC

UAE Withdraws From OAPEC

UAE: OPEC Exit 'Not Directed Against Anyone'

UAE: OPEC Exit 'Not Directed Against Anyone'

Why hasn’t the price of Brent crude oil gone through the roof? Yardeni weighs in

Why hasn’t the price of Brent crude oil gone through the roof? Yardeni weighs in

THIS AFTERNOON: Indian Oil Corporation tanker navigates blocked strait

THIS AFTERNOON: Indian Oil Corporation tanker navigates blocked strait

Most Strait of Hormuz shipping at a standstill despite latest US pledge

Most Strait of Hormuz shipping at a standstill despite latest US pledge

Latest Market News Of Energy & Petroleum

Daily Report News

Fire at RBI Delhi Building Caused by Rooftop Solar Panels, 6 Fire Tenders Deployed

Fire at RBI Delhi Building Caused by Rooftop Solar Panels, 6 Fire Tenders Deployed

Energy & Petroleum

thelogicalindian.com

A fire broke out at the RBI Delhi building's rooftop solar panels on Tuesday afternoon. Five to six fire tenders quickly controlled the blaze within 15-20 minutes. No injuries or major damage reported, but it highlights solar safety concerns.

Electric Vehicle Charging Station Market: EV Adoption, Infrastructure Expansion and Growth Outlook

Electric Vehicle Charging Station Market: EV Adoption, Infrastructure Expansion and Growth Outlook

Energy & Petroleum

The global EV charging station market reached USD 21.6B in 2025, projected to hit USD 213.7B by 2034 (28.15% CAGR), driven by EV adoption, infrastructure, and AI. Asia Pacific leads. India aims for 400,000 charging points by 2027.

88

India: RINL concludes successful coal tar auction with strategic price reset

India: RINL concludes successful coal tar auction with strategic price reset

Energy & Petroleum

RINL Vizag Steel successfully auctioned 840 t of crude coal tar at INR 51,000/t after a strategic price reset. A previous auction failed at INR 57,000/t, leading to rescheduling and a successful sale.

79

Coal India Limited Commissions 100 MW Solar Power Plant in Gujarat

Coal India Limited Commissions 100 MW Solar Power Plant in Gujarat

Energy & Petroleum

investywise.com

Coal India Limited commissioned a 100 MW solar power plant in Bhadramali, Gujarat. Operational since March 31, 2026, and certified May 4, 2026, this marks a significant step in CIL's renewable energy expansion and India's sustainable power goals.

Southern Railway?s traction distribution assets register best-ever performance in 2025-26; minimal disruption on electrified routes

Southern Railway?s traction distribution assets register best-ever performance in 2025-26; minimal disruption on electrified routes

Energy & Petroleum

Southern Railway's TRD assets achieved best-ever performance in 2025-26, with only 3 failures, a 77% improvement from 13. This enhanced punctuality, safety, and seamless operations across its 100% electrified network.

1118

Iraq reinforces its place among world’s top oil suppliers

Iraq reinforces its place among world’s top oil suppliers

Energy & Petroleum

Iraq reinforces its position as a top oil supplier, producing over 4 million barrels daily. Global consumption is 100-105 million bpd, with US, China, and India as major consumers. The market remains vulnerable.

Fear vs facts: Why nuclear power's revival is crucial for a cleaner, secure energy future

Fear vs facts: Why nuclear power's revival is crucial for a cleaner, secure energy future

Energy & Petroleum

timesofindia.indiatimes.com

Despite past fears, nuclear power's revival is crucial for a cleaner, secure energy future. Modern reactors boast enhanced safety, with 61 under construction globally. India plans to boost its capacity from 8 GW to 22 GW by 2032.

41

Essar Power repositions for the next phase of India's energy growth

Essar Power repositions for the next phase of India's energy growth

Energy & Petroleum

Essar Power targets a 5 GW diversified energy portfolio, including 900 MW secured renewables (solar, wind, BESS). Balancing 1.2 GW thermal capacity, it aligns with India's 2030 clean energy goals, leveraging 30 years experience.

1019

Axis Energy Eyeing ₹30,000 Crore Investment in Underground Coal Gasification

Axis Energy Eyeing ₹30,000 Crore Investment in Underground Coal Gasification

Energy & Petroleum

chemindigest.com

Axis Energy plans a ₹30,000 crore investment in Underground Coal Gasification, acquiring technology and securing Odisha coal blocks. Aiming for gas production in 2-3 years, this diversifies its portfolio beyond renewables, addressing India's energy needs despite project complexities.

67

Coal Gasification Strategy: Boosting India’s Chemical Industry and Energy Security

Coal Gasification Strategy: Boosting India’s Chemical Industry and Energy Security

Energy & Petroleum

dailypioneer.com

India's chemical industry, facing a $30B trade deficit, eyes coal gasification to boost energy security and reduce import dependence. The strategy aims to produce chemicals like methanol and hydrogen, targeting 100 MT by 2030, fostering Aatmanirbharta and job creation.

76

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