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Energy & Petroleum News Today

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West Asia on edge again? US launches fresh strikes on Iran after oil tanker attacks

West Asia on edge again? US launches fresh strikes on Iran after oil tanker attacks

Korea, UAE to cooperate on stable supply of key resources

Korea, UAE to cooperate on stable supply of key resources

Pachpadra refinery ranks among top 25% globally in technology, says minister

Pachpadra refinery ranks among top 25% globally in technology, says minister

Consumption of petro goods nears normal | Number Theory | Hindustan Times

Consumption of petro goods nears normal | Number Theory | Hindustan Times

Oil Prices Surge 6% Even as Tankers Push Through Hormuz

Oil Prices Surge 6% Even as Tankers Push Through Hormuz

Oil prices surge after Trump says interim Iran peace deal is “over”

Oil prices surge after Trump says interim Iran peace deal is “over”

Crude Oil Inventories Fall Less Than Expected, Signaling Lower Demand

Crude Oil Inventories Fall Less Than Expected, Signaling Lower Demand

Bahrain and Kuwait Restore Power After Iranian Attacks

Bahrain and Kuwait Restore Power After Iranian Attacks

UPDATE: Oil spikes as US, Iran trade strikes in Mideast; Trump says ceasefire “over”

UPDATE: Oil spikes as US, Iran trade strikes in Mideast; Trump says ceasefire “over”

US Cancels Oil Waiver and Strikes Iran Anew

US Cancels Oil Waiver and Strikes Iran Anew

Why Hormuz windfall may prove short-lived for oil refiners

Why Hormuz windfall may prove short-lived for oil refiners

Oil Prices Jump After Iran Attacks Commercial Vessels

Oil Prices Jump After Iran Attacks Commercial Vessels

Indian Navy secures safe passage for crude tanker Omega Trader through Hormuz

Indian Navy secures safe passage for crude tanker Omega Trader through Hormuz

Fitch Ratings Highlights Downside Risks to 2026 Base-Case Oil Price Assumptions

Fitch Ratings Highlights Downside Risks to 2026 Base-Case Oil Price Assumptions

Oil prices rise amid fresh attacks on commercial vessels in Mideast

Oil prices rise amid fresh attacks on commercial vessels in Mideast

AI, clean energy push may trigger new commodity supercycle

AI, clean energy push may trigger new commodity supercycle

Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: Experts

Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: Experts

Russia Bans Diesel Exports Amid Heavy Ukraine Attacks On Refineries

Russia Bans Diesel Exports Amid Heavy Ukraine Attacks On Refineries

Insects in your fuel tank? ISMA responds to claims of E20-led car damage and sugarcane mixing claims

Insects in your fuel tank? ISMA responds to claims of E20-led car damage and sugarcane mixing claims

US-Iran hostilities reignite, making return of normalcy to Strait of Hormuz less certain

US-Iran hostilities reignite, making return of normalcy to Strait of Hormuz less certain

Latest Market News Of Energy & Petroleum

Daily Report News

Imported fossil fuels met 78% of energy needs in 2025

Imported fossil fuels met 78% of energy needs in 2025

Energy & Petroleum

Ireland's 2025 energy needs were 78% met by imported fossil fuels, far exceeding the EU average. Renewables grew to 15.9% (solar up 50%), but the nation remains vulnerable, missing climate targets despite overall emissions falling.

Chinese EV Sales Hit Record on High Fuel Prices

Chinese EV Sales Hit Record on High Fuel Prices

Energy & Petroleum

energyintel.com

China's EV sales reached a record 4.72 million units in the first half of 2026, accounting for 54% of new car sales, driven by high fuel prices.

Power supply advisory to states, utilities likely soon

Power supply advisory to states, utilities likely soon

Energy & Petroleum

economictimes.indiatimes.com

Power ministry to advise states/utilities on preparedness for erratic weather, ensuring coal/water supplies and maintenance. Peak demand projected 247-278 GW next three months, touched 271 GW in May.

55

EU launches new project on regional energy connectivity in South Asia

EU launches new project on regional energy connectivity in South Asia

Energy & Petroleum

en.prothomalo.com

The EU launched a €5 million, four-year project for regional energy connectivity in South Asia. It aims to boost clean, affordable electricity, energy security, and economic growth for Bangladesh, Bhutan, India, Nepal, and Sri Lanka.

India’s power import-reduction mindset struggles to keep pace with manufacturing growth

India’s power import-reduction mindset struggles to keep pace with manufacturing growth

Energy & Petroleum

India faces 300 GW peak power demand next year, with 6.4% annual growth. Its drive for local equipment risks slowing capacity expansion and increasing costs, hindering manufacturing growth and reliable electricity supply.

54

India: South African thermal coal portside prices fall as buyer inquiries weaken

India: South African thermal coal portside prices fall as buyer inquiries weaken

Energy & Petroleum

South African thermal coal portside prices in India fell due to weak buyer inquiries and high domestic availability. RB2 (5,500 NAR) at Paradip dropped INR 150/t to INR 10,450/t. Port inventories increased 1.6% to 15.07 mnt.

Experts Emphasize Synchronizing Transmission and Power Generation Planning

Experts Emphasize Synchronizing Transmission and Power Generation Planning

Energy & Petroleum

mercomindia.com

Experts emphasize synchronizing transmission and power generation planning for India's 350 GW renewable pipeline. Land acquisition, supply chain bottlenecks, and unutilized capacity (25% utilization) hinder grid expansion, requiring better coordination and infrastructure development.

39

India Cuts Fossil Fuel Share To 60-Year Low, Yet Imports 90% Of Its Crude Oil

India Cuts Fossil Fuel Share To 60-Year Low, Yet Imports 90% Of Its Crude Oil

Energy & Petroleum

businessworld.in

India's fossil fuel share hit a 60-year low in 2025, driven by renewable energy growth. However, the nation still imports 90% of its crude oil and 53% of natural gas, despite being a net exporter of refined products.

22

Ather Energy Partners LICO Materials to Recycle End-of-Life EV Batteries in India

Ather Energy Partners LICO Materials to Recycle End-of-Life EV Batteries in India

Energy & Petroleum

Ather Energy partnered with LICO Materials to recycle end-of-life EV batteries in India. This collaboration aims to recover critical materials like lithium and nickel, reducing import dependence and strengthening India's EV battery circularity amidst market expansion.

78

PM's 3-nation visit yielding 'unprecedented' strategic gains: BJP

PM's 3-nation visit yielding 'unprecedented' strategic gains: BJP

Energy & Petroleum

awazthevoice.in

BJP lauded PM Modi's 3-nation tour for "unprecedented" strategic gains, including a Rs 5,400 crore BrahMos missile deal with Indonesia, critical mineral pacts, and Sabang Port development, strengthening India's global standing.

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