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Energy & Petroleum News Today

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Iraq, UAE, Saudi Arabia All Set for Major Oil Output Surge in 2027

Iraq, UAE, Saudi Arabia All Set for Major Oil Output Surge in 2027

China Eases Order for Teapot Refiners to Keep Fuel Output High

China Eases Order for Teapot Refiners to Keep Fuel Output High

IEA: Global Oil Stocks on Track for Historical Lows Ahead of Summer Peak

IEA: Global Oil Stocks on Track for Historical Lows Ahead of Summer Peak

HSBC Flags a Super-Squeeze In the Oil Market

HSBC Flags a Super-Squeeze In the Oil Market

ADNOC trading chief Philippe Khoury flags August as tipping point for oil prices if Iran war supply crisis persists

ADNOC trading chief Philippe Khoury flags August as tipping point for oil prices if Iran war supply crisis persists

Venezuela Oil Exports Hit 7-Year High

Venezuela Oil Exports Hit 7-Year High

Global appetite for Venezuelan crude drives third month of export gains

Global appetite for Venezuelan crude drives third month of export gains

The world's energy safety net is shrinking

The world's energy safety net is shrinking

Hormuz at Near Standstill as Iran Warns Ships to Keep to its Waters

Hormuz at Near Standstill as Iran Warns Ships to Keep to its Waters

Top 5 Commodities Impacted By The Iran War

Top 5 Commodities Impacted By The Iran War

Strait of Hormuz closure a wake-up call to diversify energy, push renewables: Amit Mor

Strait of Hormuz closure a wake-up call to diversify energy, push renewables: Amit Mor

Goldman Sachs doubles down on oil and economy message for 2026

Goldman Sachs doubles down on oil and economy message for 2026

Israel reduces gas supplies to Egypt over Tamar, Leviathan ‘maintenance’

Israel reduces gas supplies to Egypt over Tamar, Leviathan ‘maintenance’

India's LNG Industry Pushes for Government Backing as Diesel Costs Surge

India's LNG Industry Pushes for Government Backing as Diesel Costs Surge

Energy News Monitor | Volume XXII, Issue 42

Energy News Monitor | Volume XXII, Issue 42

US energy exports hit record high in 2025, net exports surge 20%, imports decline 5%: EIA

US energy exports hit record high in 2025, net exports surge 20%, imports decline 5%: EIA

Chennai Road Projects Face Bitumen Supply Crunch

Chennai Road Projects Face Bitumen Supply Crunch

Nifty Bank down 1%; Why SBI, ICICI Bank, Axis Bank, PNB shares fell today

Nifty Bank down 1%; Why SBI, ICICI Bank, Axis Bank, PNB shares fell today

Electric vehicle charging – Global EV Outlook 2026 – Analysis

Electric vehicle charging – Global EV Outlook 2026 – Analysis

Indian Refiners Freeze Domestic Jet Fuel Prices

Indian Refiners Freeze Domestic Jet Fuel Prices

Latest Market News Of Energy & Petroleum

Daily Report News

India’s green power surge seen fueling $400b equipment market by 2035

India’s green power surge seen fueling $400b equipment market by 2035

Energy & Petroleum

asian-power.com

India's green power surge is set to create a $400b equipment market by 2035, driven by renewables and electrification. However, rising import dependence risks a $130b production shortfall without domestic manufacturing growth.

21

War shifts 80% of India's diesel exports to Africa

War shifts 80% of India's diesel exports to Africa

Energy & Petroleum

The Economic Times

India's diesel exports in May saw over 80% (327,000 bpd) go to Africa, a significant shift from Asia and Europe due to weakened demand and geopolitical tensions. Total exports were 394,000 bpd.

89

China may extend refining run cuts in June amid tight supply, low demand

China may extend refining run cuts in June amid tight supply, low demand

Energy & Petroleum

Hellenic Shipping

Chinese refineries are expected to extend crude throughput cuts in June. This downtrend is attributed to reduced feedstock supply, low oil product demand, and high domestic inventories, according to analysts.

1016

Saudi Aramco raises LPG prices while Algeria’s Sonatrach cuts rates

Saudi Aramco raises LPG prices while Algeria’s Sonatrach cuts rates

Energy & Petroleum

Hellenic Shipping

Saudi Aramco increased LPG official selling prices, while Algeria’s Sonatrach reduced rates due to higher supply in the Mediterranean market, traders reported.

129

Pune Commuters Face Higher Intercity Travel Costs

Pune Commuters Face Higher Intercity Travel Costs

Energy & Petroleum

Rising CNG prices are increasing Pune-Mumbai intercity taxi fares, affecting thousands of commuters and business budgets. This highlights urban mobility affordability challenges and fuel price impact on regional connectivity.

1111

Pune Youth Enterprise Advances Biomass Fuel Networks

Pune Youth Enterprise Advances Biomass Fuel Networks

Energy & Petroleum

A Pune youth enterprise boosts clean industrial energy by converting agricultural waste into biomass pellets/briquettes. This strengthens fuel networks, reduces pollution, and creates rural income, addressing supply chain challenges for India's clean-energy goals.

Kolkata Fuel Price Stability Eases Urban Transport Costs

Kolkata Fuel Price Stability Eases Urban Transport Costs

Energy & Petroleum

Kolkata's fuel prices (petrol >₹105/litre, diesel ~₹92/litre) remained stable, offering short-term relief despite global volatility. Concerns persist over long-term stability and urban vulnerability to energy-linked inflation.

49

Texas grid could see record levels of power demand this summer. Here’s why.

Texas grid could see record levels of power demand this summer. Here’s why.

Energy & Petroleum

houstonchronicle.com

Texas grid forecasts record 92 GW demand this summer, up from 85.5 GW. Despite this, ERCOT expects low blackout risk due to nearly 11 GW new capacity, mainly solar and battery, and new natural gas plants.

104

Kolkata LPG Hike Deepens Urban Inflation Concerns

Kolkata LPG Hike Deepens Urban Inflation Concerns

Energy & Petroleum

Commercial LPG rates hiked from June 1st, with a 19-kg cylinder now over ₹3,250 in Kolkata and ₹3,100 in Delhi. This intensifies cost pressures for urban businesses, fueling inflation concerns, while household LPG prices remain unchanged.

Hinduja Renewables secures solar PPAs with Höganäs, Hirschvogel Components

Hinduja Renewables secures solar PPAs with Höganäs, Hirschvogel Components

Energy & Petroleum

pv-magazine-india.com

Hinduja Renewables secured 14 MWp solar PPAs with Höganäs and Hirschvogel Components. These projects will offset 0.53 million tonnes of CO2e, supporting industrial decarbonisation. HREPL aims for 10 GW capacity by 2030.

124

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