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Energy & Petroleum News Today

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Japan's Refinery Utilization Hits 73% as Strategic Oil Stocks Flow In

Japan's Refinery Utilization Hits 73% as Strategic Oil Stocks Flow In

Oil inventories decline but miss forecast, signaling mixed demand

Oil inventories decline but miss forecast, signaling mixed demand

Oil prices snap 3-day rally ahead of Trump-Xi talks; Hormuz risks persist

Oil prices snap 3-day rally ahead of Trump-Xi talks; Hormuz risks persist

India set to scale back Russian oil imports if US waiver lapses

India set to scale back Russian oil imports if US waiver lapses

Europe’s Gas Industry Seeks Relief From Storage Mandates

Europe’s Gas Industry Seeks Relief From Storage Mandates

Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay Malhotra

Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay Malhotra

Global oil supply to plunge below demand this year on Iran war, IEA says

Global oil supply to plunge below demand this year on Iran war, IEA says

India’s Russian oil imports drop in April on Nayara refinery shutdown

India’s Russian oil imports drop in April on Nayara refinery shutdown

How Firms Are Competing Across the Bitumen Market

How Firms Are Competing Across the Bitumen Market

Oil Prices Rise as Hormuz Stays Shut Ahead of Trump Deadline, Strikes on Iran Intensify

Oil Prices Rise as Hormuz Stays Shut Ahead of Trump Deadline, Strikes on Iran Intensify

India’s Coal Gasification Mission: Can It End a $33B Import Habit?

India’s Coal Gasification Mission: Can It End a $33B Import Habit?

Swadeshi Jagran Manch backs PM Modi’s call for austerity measures amid energy crisis

Swadeshi Jagran Manch backs PM Modi’s call for austerity measures amid energy crisis

Mahindra CEO Backs PM's Energy Drive, Sees India's Green Future Surge

Mahindra CEO Backs PM's Energy Drive, Sees India's Green Future Surge

India Beats Global Energy Crisis: No Petrol or Diesel Price Hike in 4 Years, Says Hardeep Singh Puri

India Beats Global Energy Crisis: No Petrol or Diesel Price Hike in 4 Years, Says Hardeep Singh Puri

View / China’s oil market stands up to Trump

View / China’s oil market stands up to Trump

India cuts oil, gas royalty in major policy shift as Modi pushes ‘Vocal for Local’ amid West Asia crisis

India cuts oil, gas royalty in major policy shift as Modi pushes ‘Vocal for Local’ amid West Asia crisis

Hardeep Singh Puri Warns India May Face Tough Fuel Price Decisions Amid Iran War

Hardeep Singh Puri Warns India May Face Tough Fuel Price Decisions Amid Iran War

India Strengthens Economic and Energy Security Amid Deepening Global Crisis

India Strengthens Economic and Energy Security Amid Deepening Global Crisis

KD Green Industries Subsidiary Secures ₹9.08 Cr Power Infrastructure Orders Under RDSS Scheme

KD Green Industries Subsidiary Secures ₹9.08 Cr Power Infrastructure Orders Under RDSS Scheme

WFH is a short-term fix. How 3 fuel pipelines can secure India in the long term

WFH is a short-term fix. How 3 fuel pipelines can secure India in the long term

Latest Market News Of Energy & Petroleum

Daily Report News

Thiruvananthapuram Monitors Northern Kerala Power Disruptions

Thiruvananthapuram Monitors Northern Kerala Power Disruptions

Energy & Petroleum

A 400 kV transmission failure in Kozhikode forces power restrictions across four northern Kerala districts for a week. This highlights infrastructure vulnerabilities, rising demand, and the need for grid modernization and climate-resilient energy networks.

Modi Calls on Indians to Consume Less Petrol, Postpone Travel Abroad. He Isn’t Leading by Example - The Diplomat – Asia

Modi Calls on Indians to Consume Less Petrol, Postpone Travel Abroad. He Isn’t Leading by Example - The Diplomat – Asia

Energy & Petroleum

thediplomat.com

Modi urged Indians to cut petrol, gold, and foreign travel amid an economic crisis, citing soaring import bills (e.g., $134.7B crude). Critics note his lavish lifestyle and party's spending contradict his call for austerity.

India rules out paying tax to Iran for crude, gas transit through Strait of Hormuz

India rules out paying tax to Iran for crude, gas transit through Strait of Hormuz

Energy & Petroleum

India rules out paying Iran transit tax for crude and gas via the Strait of Hormuz. This decision comes as 10 Indian ships safely transited the strait.

82

Bihar cabinet approves amendments to EV policy, targets 30 pc electric vehicle sales by 2030

Bihar cabinet approves amendments to EV policy, targets 30 pc electric vehicle sales by 2030

Energy & Petroleum

Bihar cabinet approved EV policy amendments targeting 30% EV sales by 2030, increased DA for employees, launched an AI Mission to train 7,000 students, and authorized Rs 72,901 crore borrowing for development.

Montra Electric Rolls Out 1,000th EVIATOR eSCV

Montra Electric Rolls Out 1,000th EVIATOR eSCV

Energy & Petroleum

entrepreneurindia.com

Montra Electric rolled out its 1,000th EVIATOR eSCV from Chennai, marking a significant milestone in expanding electric cargo mobility. The vehicle offers a 1.7-tonne payload, >170 km range, and fast charging, starting at ₹14.58 lakh, addressing rising demand.

37

Russian FM Lavrov says India's interests in energy supply will "not be affected", accuses US of seizing "all energy routes"

Russian FM Lavrov says India's interests in energy supply will "not be affected", accuses US of seizing "all energy routes"

Energy & Petroleum

Russian FM Lavrov assured India's energy supply won't be affected, accusing the US of seizing global energy routes. He criticized Western sanctions, claiming they cause Europe's energy crisis and reliance on expensive US LNG.

76

Musashi India, Kinetic Green Sign EV Powertrain Supply Deal

Musashi India, Kinetic Green Sign EV Powertrain Supply Deal

Energy & Petroleum

entrepreneurindia.com

Musashi India and Kinetic Green signed an LoI for EV powertrain systems. Musashi will supply a 4.7 kW integrated electric axle. Pilot deliveries start December 2026, with mass production in Bengaluru, marking a strategic long-term alliance.

94

Can Middle East war-driven oil pressure boost India’s electric vehicle journey?

Can Middle East war-driven oil pressure boost India’s electric vehicle journey?

Energy & Petroleum

India's EV journey accelerates, driven by Middle East war oil pressure and government push. Registrations surged from 1.43 lakh (2020-21) to 19.68 lakh (2024-25), with $200B market target by 2030, backed by Rs10,900 crore outlay.

Iraq’s Diyala gets less than 25% of electricity needed for summer

Iraq’s Diyala gets less than 25% of electricity needed for summer

Energy & Petroleum

Iraq's Diyala province receives only 500 MW of electricity against a 2,400 MW summer demand, a severe shortfall due to lower national generation and disrupted gas supplies, impacting nearly 2 million residents.

India Stocked With Two Months Of Fuel Supply, But OMC Losses Could Hit Rs 1 Lakh Cr: Puri

India Stocked With Two Months Of Fuel Supply, But OMC Losses Could Hit Rs 1 Lakh Cr: Puri

Energy & Petroleum

India has two months of fuel supply, but OMCs face Rs 1 lakh crore quarterly losses due to unchanged retail prices despite high crude. Minister Puri assures stable supply, urges energy moderation, and plans refining capacity expansion to 320 MMT by 2030.

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