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Energy & Petroleum News Today

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Russia's Fuel Imports and India's Clarification

Russia's Fuel Imports and India's Clarification

CPCL Gains Navratna Status, Gets Investment Freedom

CPCL Gains Navratna Status, Gets Investment Freedom

Chinese oil giant scraps 2 million barrels of West African crude and cuts refinery output

Chinese oil giant scraps 2 million barrels of West African crude and cuts refinery output

EXCLUSIVE: China's Hengli scraps West African, Mideast oil purchases and cuts output, sources say

EXCLUSIVE: China's Hengli scraps West African, Mideast oil purchases and cuts output, sources say

Strait of Hormuz Shipping Resumes, China's Private Refiners Rush to Buy Middle Eastern Crude at $5 Discount

Strait of Hormuz Shipping Resumes, China's Private Refiners Rush to Buy Middle Eastern Crude at $5 Discount

Chinese Teapots Snap Up Middle East Crude As Prices Slide

Chinese Teapots Snap Up Middle East Crude As Prices Slide

The demand for reduction in petrol and diesel prices is justified.

The demand for reduction in petrol and diesel prices is justified.

Daily Editorial Analysis 2 July 2026

Daily Editorial Analysis 2 July 2026

India's headline inflation may be contained in coming months: Govt

India's headline inflation may be contained in coming months: Govt

Crude cools, will petrol and diesel rates go down soon? Experts see Rs 2-4/litre cut

Crude cools, will petrol and diesel rates go down soon? Experts see Rs 2-4/litre cut

The Strait That Didn’t Break India: How a Decade of Preparation Defied the Hormuz Crisis

The Strait That Didn’t Break India: How a Decade of Preparation Defied the Hormuz Crisis

US crude oil production hits record 13.93 million bpd in April

US crude oil production hits record 13.93 million bpd in April

India Fast-Tracks State Company Stake Sales to Cover Oil Shock Costs

India Fast-Tracks State Company Stake Sales to Cover Oil Shock Costs

Asia Faces USD 5.5 tn Energy Investment Cycle

Asia Faces USD 5.5 tn Energy Investment Cycle

Boosting Domestic Oil and Gas Is India’s Next Energy Priority

Boosting Domestic Oil and Gas Is India’s Next Energy Priority

AP govt has disbursed over Rs 68,000cr as welfare pensions: CM Naidu

AP govt has disbursed over Rs 68,000cr as welfare pensions: CM Naidu

India's energy security now backed by strong systems, diversified oil sourcing: Former BPCL Marketing Director

India's energy security now backed by strong systems, diversified oil sourcing: Former BPCL Marketing Director

Coal India''s Q1 Production Drops 7.5% Despite Demand

Coal India''s Q1 Production Drops 7.5% Despite Demand

Oil flows through Strait of Hormuz, India breathes easy

Oil flows through Strait of Hormuz, India breathes easy

ICE cotton recovers on technical rebound amid India's crop concerns

ICE cotton recovers on technical rebound amid India's crop concerns

Latest Market News Of Energy & Petroleum

Daily Report News

Bengaluru Planned Power Outages Highlight Grid Upgrade Needs

Bengaluru Planned Power Outages Highlight Grid Upgrade Needs

Energy & Petroleum

Bengaluru's planned power outages underscore the urgent need for grid modernization and infrastructure upgrades. These disruptions, for maintenance and network improvements, aim to enhance reliability and support the city's growing demand as a tech hub, balancing short-term inconvenience with long-term development.

Chennai Waste Energy Network Targets Cleaner Communities

Chennai Waste Energy Network Targets Cleaner Communities

Energy & Petroleum

Chennai is restructuring waste management, targeting Perungudi landfill closure by 2026. It's shifting to a distributed system with waste-to-energy, bio-CNG, and composting, aiming for cleaner communities, land restoration, and reduced landfill dependency.

Prepare action plan to address energy shortfall: CM DK Shivakumar

Prepare action plan to address energy shortfall: CM DK Shivakumar

Energy & Petroleum

deccanherald.com

CM Shivakumar directed the Energy Department to prepare an action plan for an anticipated energy shortfall due to poor monsoon. He urged expediting renewable projects, strengthening the grid for 38 GW demand by 2035, and clearing Rs 12,631 crore dues to Escoms.

34

OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1

OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1

Energy & Petroleum

The Economic Times

OMCs lost ₹18.9/litre on diesel and ₹6/litre on petrol in Q1 (April-June) due to domestic prices being below international rates, incurring ₹75,000 crore in losses.

121

India’s BPCL expands overseas upstream footprint through stake acquisition in Brazil

India’s BPCL expands overseas upstream footprint through stake acquisition in Brazil

Energy & Petroleum

Hellenic Shipping

India's BPCL acquired a 100% stake in Brazil's IBV Brasil Petróleo Ltda. This expands its overseas upstream footprint, aiming to build oil and gas supply chains and soften future disruption impacts.

Europe gas hits 3-week high as low storage worries outshine U.S.-Iran progress

Europe gas hits 3-week high as low storage worries outshine U.S.-Iran progress

Energy & Petroleum

Hellenic Shipping

European natural gas prices hit a three-week high on Friday. This surge is driven by anxieties over slow storage replenishment, overshadowing the positive outcome of U.S.-Iran peace talks.

"Doing Solar Without Battery Makes Limited Sense", Says Ratul Puri, Chairman, Hindustan Power

"Doing Solar Without Battery Makes Limited Sense", Says Ratul Puri, Chairman, Hindustan Power

Energy & Petroleum

businessworld.in

Ratul Puri states solar without battery makes limited sense for India's energy transition. He advocates for storage, distributed generation, and domestic manufacturing despite short-term challenges. Policy stability and faster dispute resolution are crucial for investor confidence and accelerating growth.

112

Death Traps: Open Panels, Naked Cables Put MSEDCL In Dock

Death Traps: Open Panels, Naked Cables Put MSEDCL In Dock

Energy & Petroleum

timesofindia.indiatimes.com

Nagpur faces criticism as MSEDCL's exposed electrical panels, naked cables, and poor maintenance led to two electrocution deaths, including a 60-year-old. Despite advisories, dangerous installations persist, with complaints ignored for months, heightening monsoon risks.

58

HZL bets on critical minerals, eyes rare earth magnets as part of Rs 50,000 crore expansion

HZL bets on critical minerals, eyes rare earth magnets as part of Rs 50,000 crore expansion

Energy & Petroleum

newindianexpress.com

HZL plans Rs 40,000-50,000 crore expansion, focusing on critical minerals like rare earth magnets, potash, and tungsten. It secured blocks in UP, Rajasthan, aiming to double metal production to 2 million tonnes, reducing import dependence.

Caste info optional in Gruha Jyothi survey: Bengaluru power utility

Caste info optional in Gruha Jyothi survey: Bengaluru power utility

Energy & Petroleum

timesofindia.indiatimes.com

Bescom clarifies caste details are optional for Gruha Jyothi scheme eligibility, following criticism. Refusal won't affect benefits. A helpline (9480816111-14, 6 am-10 pm) is open for queries.

1210

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