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Energy & Petroleum News Today

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Middle East Fuel Oil Exports Set to Hit Four-Month High

Middle East Fuel Oil Exports Set to Hit Four-Month High

ADNOC Cuts Murban Crude Price to $101.48 as Hormuz Tensions Ease

ADNOC Cuts Murban Crude Price to $101.48 as Hormuz Tensions Ease

$70 Oil Could Put India Back on Track for 7% Economic Growth

$70 Oil Could Put India Back on Track for 7% Economic Growth

China to Increase Fuel Export Allowances for July

China to Increase Fuel Export Allowances for July

US crude oil inventories drop to lowest level since 1984

US crude oil inventories drop to lowest level since 1984

Rates Spark: More repricing risk at front end

Rates Spark: More repricing risk at front end

Oil falls to pre-Iran war lows as Strait of Hormuz flows normalize

Oil falls to pre-Iran war lows as Strait of Hormuz flows normalize

Iraq Could Quit OPEC in Bid to Pump More Oil

Iraq Could Quit OPEC in Bid to Pump More Oil

Trump Singles Out Exxon, Chevron, Shell, and BP Over High Gas Prices

Trump Singles Out Exxon, Chevron, Shell, and BP Over High Gas Prices

IndiGo takes AI to the skies with fuel-saving flight optimisation trials

IndiGo takes AI to the skies with fuel-saving flight optimisation trials

Government may ask airlines to review surcharges and additional prices if crude stabilises

Government may ask airlines to review surcharges and additional prices if crude stabilises

Oil markets entering era of persistent geopolitical risks – industry analyst

Oil markets entering era of persistent geopolitical risks – industry analyst

Crisil Sees Brent At USD 90-95 Per Barrel Raising India's CAD Risk

Crisil Sees Brent At USD 90-95 Per Barrel Raising India's CAD Risk

ONGC Shifts to Gas-Led Growth as Gas Output Tops Oil

ONGC Shifts to Gas-Led Growth as Gas Output Tops Oil

Oil falls as more supply flows through Hormuz; Brent crude at below $77/bbl

Oil falls as more supply flows through Hormuz; Brent crude at below $77/bbl

UAE’s exit from OPEC+ reduced the group’s share of crude oil production and capacity

UAE’s exit from OPEC+ reduced the group’s share of crude oil production and capacity

Oil extends losses as Hormuz traffic recovers following Iran peace talks

Oil extends losses as Hormuz traffic recovers following Iran peace talks

Gas Prices Are Falling. Your July 4 Fill-Up Still Won't Feel Cheap.

Gas Prices Are Falling. Your July 4 Fill-Up Still Won't Feel Cheap.

Major Saudi Oil Terminal Roars Back to Life as Gulf Supply Recovery Accelerates

Major Saudi Oil Terminal Roars Back to Life as Gulf Supply Recovery Accelerates

Energy experts analyse CBTT price index: Soft prices, soft output

Energy experts analyse CBTT price index: Soft prices, soft output

Latest Market News Of Energy & Petroleum

Daily Report News

Tamil Nadu Retains Electricity Prices Amid Fiscal Strain

Tamil Nadu Retains Electricity Prices Amid Fiscal Strain

Energy & Petroleum

Tamil Nadu retains electricity prices in 2026, offering temporary relief to 35 million consumers amid rising urban costs. This decision, despite fiscal strain, maintains existing subsidies but raises long-term sustainability questions for utilities.

Parallel Licensing Can Help Build Energy Backbone for India's Next Growth Phase

Parallel Licensing Can Help Build Energy Backbone for India's Next Growth Phase

Energy & Petroleum

energetica-india.net

Parallel licensing can strengthen India's power distribution, attracting investments for AI/digital growth. Mumbai shows success, while Eleven Power proposes INR 4,717 crore for Haryana, ensuring reliable supply for its 270+ GCCs and future expansion.

103

Tata Power, Tata Passenger Electric Mobility launch high-speed EV charging hub in Hyderabad

Tata Power, Tata Passenger Electric Mobility launch high-speed EV charging hub in Hyderabad

Energy & Petroleum

auto.economictimes.indiatimes.com

Tata Power and TPEM launched Telangana's first 360 kW high-speed EV MegaCharger Hub in Hyderabad, enabling six EVs to charge simultaneously. This expands India's EV charging network, which now boasts over 6,500 points across 700+ cities.

1217

ACPET and Tata Power-DDL Partner to Accelerate Research and Innovation for India’s Energy Transition

ACPET and Tata Power-DDL Partner to Accelerate Research and Innovation for India’s Energy Transition

Energy & Petroleum

passionateinmarketing.com

ACPET and Tata Power-DDL signed a 5-year MoU on June 26, 2026, to accelerate research, innovation, and capacity building for India's energy transition, focusing on smart grids, EVs, and sustainable solutions for the power sector.

Suzuki eVitara EV launched in Malaysia - Toyota Urban Cruiser twin, 174 PS/193 Nm, 426 km WLTP, RM188k

Suzuki eVitara EV launched in Malaysia - Toyota Urban Cruiser twin, 174 PS/193 Nm, 426 km WLTP, RM188k

Energy & Petroleum

The Suzuki eVitara EV, an Indian-made twin to Toyota Urban Cruiser, launched in Malaysia at RM188,000. It offers 174 PS, 426 km WLTP range from a 61.1 kWh battery, and comprehensive safety features, including a strong warranty.

5 Upcoming Tata Electric Cars In India: Sierra.ev, Safari.ev, Avinya and More

5 Upcoming Tata Electric Cars In India: Sierra.ev, Safari.ev, Avinya and More

Energy & Petroleum

autopunditz.com

Tata Motors is launching 5 new EVs, including Sierra.ev, Safari.ev, and Avinya, to expand its portfolio into premium, affordable, and future born-electric segments, with some models targeting over 500 km range.

Ukrainian drone struck NORSI refinery, forcing halt to gasoline production

Ukrainian drone struck NORSI refinery, forcing halt to gasoline production

Energy & Petroleum

A Ukrainian drone attack on Lukoil's NORSI refinery halted gasoline production, damaging a key unit with 12,000 metric tons/day capacity (25% of total). This raises fears of fuel shortages and supply disruptions, leading to SPIMEX suspending sales.

Kerala gives green flag for hydrogen-powered buses

Kerala gives green flag for hydrogen-powered buses

Energy & Petroleum

newindianexpress.com

Kerala greenlights hydrogen-powered buses for public transport. Union Minister Gadkari backed a KSRTC-ANERT pilot, agreed to recommend a loan for fleet renewal, evaluate toll exemptions, and fix NIC portal issues within a week.

India lifts restrictions on commercial LPG supplies amid US-Iran peace talks

India lifts restrictions on commercial LPG supplies amid US-Iran peace talks

Energy & Petroleum

India lifted commercial LPG restrictions, restoring supplies for businesses amid US-Iran peace talks. Bulk supplies are at 50% of pre-crisis levels, providing relief. Domestic LPG costs Rs 942, commercial Rs 3,113.5.

Mongolia, India discuss coking coal exports

Mongolia, India discuss coking coal exports

Energy & Petroleum

Mongolia and India discussed expanding coking coal and mineral exports to India, exploring new transport routes. India imported 65.01 million tonnes of coking coal in 2025, up 14.25%, and 21.45 million tonnes in Jan-Apr this year, up 4.43%.

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