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Energy & Petroleum News Today

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Crude to stay supported despite Hormuz risk after renewed US-Iran rift; gold to face rate pressure: Report

Crude to stay supported despite Hormuz risk after renewed US-Iran rift; gold to face rate pressure: Report

South Africa Plans First Oil Reserves Boost Since Apartheid

South Africa Plans First Oil Reserves Boost Since Apartheid

Hormuz Under Fire: Oil Spikes 4% as Houthi Strikes Rattle Global Shipp... George Orwell13-July-2026

Hormuz Under Fire: Oil Spikes 4% as Houthi Strikes Rattle Global Shipp... George Orwell13-July-2026

US reinstates Strait of Hormuz blockade, threatens to take control of waterway

US reinstates Strait of Hormuz blockade, threatens to take control of waterway

Crude prices surge, chems markets calmer, as US-Iran strikes continue

Crude prices surge, chems markets calmer, as US-Iran strikes continue

Americas top stories: weekly summary

Americas top stories: weekly summary

Oil Prices Surge 8% After Trump Reimposes Iran Blockade

Oil Prices Surge 8% After Trump Reimposes Iran Blockade

Why Renewed Iran Tensions Could Keep Fuel Prices Elevated

Why Renewed Iran Tensions Could Keep Fuel Prices Elevated

Nigeria’s Oil Production Hits Six-Year High as Middle East Risks Return

Nigeria’s Oil Production Hits Six-Year High as Middle East Risks Return

Iran Warns U.S. Interference Could Trigger Further Oil and Gas Disruptions

Iran Warns U.S. Interference Could Trigger Further Oil and Gas Disruptions

USA, Iran Trade Fresh Strikes

USA, Iran Trade Fresh Strikes

European Natural Gas Prices Jump on Hormuz Escalation

European Natural Gas Prices Jump on Hormuz Escalation

US-Iran Conflict Triggers Sharp Selloff Across Base Metals Amid Growth Fears Jonathan Stroud13-July-2026 Escalating US-Iran tensions, rising oil prices, inflation fears, and a stronger dollar dragged base metal... Cover Story

US-Iran Conflict Triggers Sharp Selloff Across Base Metals Amid Growth Fears Jonathan Stroud13-July-2026 Escalating US-Iran tensions, rising oil prices, inflation fears, and a stronger dollar dragged base metal... Cover Story

Asia top stories – weekly summary

Asia top stories – weekly summary

Oil jumps 3% after US, Iran escalate strikes in West Asia

Oil jumps 3% after US, Iran escalate strikes in West Asia

India Battery Storage Tariffs Seen Rising as Costs Squeeze Projects

India Battery Storage Tariffs Seen Rising as Costs Squeeze Projects

Hormuz crisis: Iran hit triggers fears of fuel supply disruption

Hormuz crisis: Iran hit triggers fears of fuel supply disruption

Oil conundrum: on India’s energy imports from Russia

Oil conundrum: on India’s energy imports from Russia

Insular incentive: on ethanol-blended fuel and the Indian consumer

Insular incentive: on ethanol-blended fuel and the Indian consumer

Energy Security and Power Grid Management Are Key To Solving India’s Power Crisis

Energy Security and Power Grid Management Are Key To Solving India’s Power Crisis

Latest Market News Of Energy & Petroleum

Daily Report News

INTERVIEW | Campaign against ethanol is sponsored; my focus is on national interest: Nitin Gadkari

INTERVIEW | Campaign against ethanol is sponsored; my focus is on national interest: Nitin Gadkari

Energy & Petroleum

newindianexpress.com

Nitin Gadkari defends ethanol blending, citing Rs 22 lakh crore import reduction, pollution control, and farmer income. He dismisses sponsored criticism, highlighting 20% blending's safety and 550 industries' role in India's energy self-reliance.

Government Flags Limited Crude Oil Supply Risk

Government Flags Limited Crude Oil Supply Risk

Energy & Petroleum

Hellenic Shipping

Geopolitical risks in the Middle East flag limited crude oil supply. However, the government assesses low short-term disruption, as domestic refiners secured sufficient summer volume, averting an immediate crisis.

Why the UAE Is Taking a Bigger Piece of America's LNG Crown Jewel

Why the UAE Is Taking a Bigger Piece of America's LNG Crown Jewel

Energy & Petroleum

UAE's XRG acquired an additional 7.6% equity in the U.S. Rio Grande LNG project's Trains 4 and 5. This deepens its exposure to the major 30 mtpa facility, strengthening U.S.-UAE energy ties, with production by 2027.

Why Tamil Nadu does not need privatisation of power distribution

Why Tamil Nadu does not need privatisation of power distribution

Energy & Petroleum

Tamil Nadu's Energy Minister asserts no power distribution privatization. A study confirms it's unnecessary due to low AT&C losses (10.96% for 2024-25) and good service quality (2.65% DT failure). Private firms avoid rural/hilly areas, weakening the DISCOM.

Milo Drive Raises $2.4 Million To Build EV Fleet Infrastructure In India

Milo Drive Raises $2.4 Million To Build EV Fleet Infrastructure In India

Energy & Petroleum

Milo Drive secured $2.4 million from Caret Capital to build EV fleet infrastructure in India. This tech-led platform aims to accelerate electric vehicle adoption in ride-hailing, solving operational challenges and supporting sustainable livelihoods for drivers.

SMS Hospital ICU fire among 14 India’s deadliest blazes in decade: Centre report

SMS Hospital ICU fire among 14 India’s deadliest blazes in decade: Centre report

Energy & Petroleum

timesofindia.indiatimes.com

SMS Hospital fire, one of 14 deadliest since 2016, killed 8 ICU patients due to electrical short circuit. A Ministry report highlights persistent safety shortcomings, prompting Centre to direct states for urgent fire safety reviews and compliance.

48

NTPC Seeks Overseas Uranium Mines to Boost India's Nuclear Power Capacity

NTPC Seeks Overseas Uranium Mines to Boost India's Nuclear Power Capacity

Energy & Petroleum

NTPC seeks overseas uranium mines to achieve India's 30 GW nuclear capacity target by 2047, part of a 100 GW national goal. This follows recent supply deals and a new law allowing private nuclear power.

115

Grasim unit to acquire Solenergi Power for ₹17,200 crore

Grasim unit to acquire Solenergi Power for ₹17,200 crore

Energy & Petroleum

Grasim's Aditya Birla Renewables will acquire Solenergi Power for ₹17,200 crore, adding 5.0 GWp renewable capacity (3.3 GWp operational, 1.7 GWp under-construction). This significantly expands its portfolio.

Petroleum Ministry responds to The Hindu editorial: Higher Russian oil imports part of deliberate strategy

Petroleum Ministry responds to The Hindu editorial: Higher Russian oil imports part of deliberate strategy

Energy & Petroleum

India's higher Russian oil imports are a deliberate strategy post-Hormuz closure in Feb 2026, diversifying sources. Russia supplied over 40% in May 2026, rising to over 50% in June, ensuring energy security amidst West Asia crisis.

13

No power, 82-year-old cremated under mobile torchlight in Navi Mumbai

No power, 82-year-old cremated under mobile torchlight in Navi Mumbai

Energy & Petroleum

timesofindia.indiatimes.com

An 82-year-old man was cremated under mobile torchlight in Navi Mumbai due to a power cut at the crematorium. Around 15-30 people attended the two-hour funeral, marking the second such incident in a week, highlighting civic infrastructure issues.

11

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