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Energy & Petroleum News Today

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Rising diesel costs spur fuel surcharges as crude prices remain elevated from Iran conflict

Rising diesel costs spur fuel surcharges as crude prices remain elevated from Iran conflict

US lends 53.3 million barrels from oil reserve amid Iran conflict

US lends 53.3 million barrels from oil reserve amid Iran conflict

‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving push

‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving push

Brazil's Oil Exports to China Double as Iran War Upends Crude Flows

Brazil's Oil Exports to China Double as Iran War Upends Crude Flows

Oil extends gains after Trump says Iran ceasefire on “life support”

Oil extends gains after Trump says Iran ceasefire on “life support”

Bitumen Cost Spike Holds Up PWD Road Repairs in Delhi

Bitumen Cost Spike Holds Up PWD Road Repairs in Delhi

China’s Teapot Refiners Slash Output as Hormuz Crisis Crushes Margins

China’s Teapot Refiners Slash Output as Hormuz Crisis Crushes Margins

Oil jumps 4% as Trump rejects Iran’s response to ceasefire proposal

Oil jumps 4% as Trump rejects Iran’s response to ceasefire proposal

Saudi trims Asia crude prices as UAE exit from OPEC intensifies competition

Saudi trims Asia crude prices as UAE exit from OPEC intensifies competition

India pushes for reduced use of gasoline, diesel as pressure mounts on refiners

India pushes for reduced use of gasoline, diesel as pressure mounts on refiners

Govt revises oil royalty rates to spur domestic output, cut import reliance

Govt revises oil royalty rates to spur domestic output, cut import reliance

India gold shares fall on Modi comments

India gold shares fall on Modi comments

Q1 fuel losses may wipe out entire FY earnings of State oil firms

Q1 fuel losses may wipe out entire FY earnings of State oil firms

Iran war effect: Why is Modi asking Indians to avoid foreign trips, gold?

Iran war effect: Why is Modi asking Indians to avoid foreign trips, gold?

Government urges Indians to save fuel as Strait of Hormuz tensions raise oil concerns – 11 May 2026

Government urges Indians to save fuel as Strait of Hormuz tensions raise oil concerns – 11 May 2026

No fuel shortage in India, govt assures amid global disruptions

No fuel shortage in India, govt assures amid global disruptions

Modi urges Indians to curb spending as Hormuz crisis pressures economy

Modi urges Indians to curb spending as Hormuz crisis pressures economy

Hormuz, hydrocarbons, and India: What the current Middle East conflict means for Indian oil and gas markets

Hormuz, hydrocarbons, and India: What the current Middle East conflict means for Indian oil and gas markets

Beyond EVs: Why India’s Sustainable Mobility Future Needs More Than Electric Cars

Beyond EVs: Why India’s Sustainable Mobility Future Needs More Than Electric Cars

Transitioning Indian Industry to Solar is an Economic Necessity

Transitioning Indian Industry to Solar is an Economic Necessity

Latest Market News Of Energy & Petroleum

Daily Report News

India: NCL schedules two major coal auctions in mid-May'26

India: NCL schedules two major coal auctions in mid-May'26

Energy & Petroleum

NCL schedules two non-coking coal e-auctions in mid-May 2026, offering 328,000 t to domestic consumers. The auctions on May 15 (183,000 t) and May 19 (145,000 t) provide diverse grades and transport options.

105

IOCL Commissions Hyderabad Terminal to Strengthen Telangana’s Energy Security

IOCL Commissions Hyderabad Terminal to Strengthen Telangana’s Energy Security

Energy & Petroleum

chemindigest.com

IOCL commissioned its ₹611 crore Malkapur Terminal in Hyderabad, enhancing Telangana's energy security. This pipeline-fed facility, replacing the Cherlapally terminal, will supply 7,964 kilolitres/day to 23 districts by FY2030, reducing 27,000 tonnes CO2 emissions.

Atoms for net-zero: A 100 GW bet on India’s nuclear expansion

Atoms for net-zero: A 100 GW bet on India’s nuclear expansion

Energy & Petroleum

India targets 100 GW nuclear power by 2047, from 22 GW by 2032, leveraging private sector and SMRs. This strategic expansion aims for energy security, industrial decarbonisation, and net-zero 2070.

Global EV demand rises for second month, shows data

Global EV demand rises for second month, shows data

Energy & Petroleum

auto.economictimes.indiatimes.com

Global EV demand rose 6% in April to 1.6 million units, marking a second monthly increase. Europe saw a 27% rise, but China's registrations fell 8% to 850,000. North America dropped 28%, yet Chinese EV exports surged.

Sigenergy India Launches India’s First 500 kW Utility Inverter, Bets Big on Hybrid Solar Shift

Sigenergy India Launches India’s First 500 kW Utility Inverter, Bets Big on Hybrid Solar Shift

Energy & Petroleum

Sigenergy India launched India's first 500 kW utility inverter, alongside 50-125 kW hybrid and 50-166 kW PV inverters. The company bets on hybrid solar, battery storage, and AI for India's shifting energy market, with manufacturing starting next year.

1013

Fuelling the Nation from Within: Addressing imports through domestic coal gasification

Fuelling the Nation from Within: Addressing imports through domestic coal gasification

Energy & Petroleum

powerline.net.in

India eyes coal gasification to cut energy imports, leveraging its vast reserves. This strategic move aims to boost domestic power, hydrogen, and chemical production, with Rs 85 billion approved and 7 projects worth Rs 640 billion planned to achieve 100 MT by 2030.

79

PTC Highlights Strong EV Adoption in India’s Auto Industry

PTC Highlights Strong EV Adoption in India’s Auto Industry

Energy & Petroleum

entrepreneurindia.com

PTC identifies India as a key growth market for automotive and EV sectors, driven by rising adoption. India is the 3rd largest auto market, offering significant opportunities for PTC's software solutions, which serve 90% of Fortune 500 OEMs globally.

23

Bengaluru Electric Vehicle Infrastructure Expansion Gains Momentum

Bengaluru Electric Vehicle Infrastructure Expansion Gains Momentum

Energy & Petroleum

Karnataka plans over 1,000 high-capacity EV charging stations, boosting urban mobility and cleaner transport, especially in Bengaluru. This initiative aims to accelerate EV adoption and reduce emissions.

Rampal power plant seeks Tk1,000cr urgently to sustain operations

Rampal power plant seeks Tk1,000cr urgently to sustain operations

Energy & Petroleum

Rampal power plant urgently seeks Tk1,000 crore by May 20 to cover Tk700cr+ monthly coal costs and other liabilities, as the government owes over Tk1,000 crore. Non-payment risks operational disruption and increased load-shedding.

Assam launches India’s first 100% electric bike taxi service via ‘Baayu’

Assam launches India’s first 100% electric bike taxi service via ‘Baayu’

Energy & Petroleum

thenewsmill.com

Assam launched 'Baayu', India's first 100% electric bike taxi service, creating 5,000 jobs. This initiative saves 29,000 tons of carbon emissions and Rs 73 crore in fuel costs annually, promoting eco-friendly transport.

1117

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