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Energy & Petroleum News Today

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Hormuz disruption to keep oil prices firm; $100/bbl risk looms: Analysts

Hormuz disruption to keep oil prices firm; $100/bbl risk looms: Analysts

Crude oil prices will likely remain elevated due to Strait of Hormuz disruptions causing global inventory drawdowns, with analysts warning of a potential $100 per barrel risk.
Europe’s gas stores are running low — and prices could top 100 euros this winter

Europe’s gas stores are running low — and prices could top 100 euros this winter

Europe faces low natural gas reserves ahead of winter, risking fierce competition with Asia and potential price surges exceeding 100 euros per megawatt-hour, reminiscent of past energy crises.
European gas steady off one-week lows on Hormuz talks

European gas steady off one-week lows on Hormuz talks

European natural gas prices stabilized above one-week lows as traders assessed Persian Gulf diplomatic talks against ongoing domestic storage injection shortfalls.
​UPPCL eases norms for power connections up to 50kW

​UPPCL eases norms for power connections up to 50kW

The Uttar Pradesh Power Corporation Limited simplified electricity connection processes for loads up to 50kW, allowing self-declarations instead of inspections, though safety certifications remain mandatory for large public and commercial venues.
‘Russian oil disruption may challenge refiners’

‘Russian oil disruption may challenge refiners’

BPCL warns that potential disruptions in Russian oil supplies and Strait of Hormuz pressures pose major challenges for Indian refiners meeting domestic fuel demand, amid tightening US sanctions.
Pune Government Hospitals Set For Safety Audits

Pune Government Hospitals Set For Safety Audits

Authorities have mandated urgent fire and electrical safety audits for public healthcare facilities to upgrade infrastructure, address critical gaps, and improve emergency preparedness across medical institutions.
From product-led equity to a mother brand: What Tata is building with TATA.CARS

From product-led equity to a mother brand: What Tata is building with TATA.CARS

Tata Motors Passenger Vehicles has introduced TATA.CARS as a new master brand to unify its safety, design, and EV equities, targeting 20% market share and 30% EV penetration.
India-bound coal freight remains under pressure in Pacific routes

India-bound coal freight remains under pressure in Pacific routes

India-bound coal freight showed mixed trends, with Pacific routes under pressure and Atlantic markets resilient. The Baltic Dry Index rose 10.1% to 3,056, while Supramax rates remained subdued.
India: Portside South African thermal coal prices rally to over 3-year high as supply tightens

India: Portside South African thermal coal prices rally to over 3-year high as supply tightens

South African thermal coal prices at Indian ports hit over three-year highs due to tightening supply, higher freight costs, monsoon disruptions, and rising demand, despite buyer price resistance.
AMU targets ₹600 crore in EV financing assets under management by 2028

AMU targets ₹600 crore in EV financing assets under management by 2028

Electric vehicle-focused NBFC AMU targets ₹400 crore in EV financing AUM by March 2027 and ₹600 crore by March 2028, driven by surging demand for electric commercial vehicles.

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