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Energy & Petroleum News Today

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Energy News Monitor | Volume XXII, Issue 40

Energy News Monitor | Volume XXII, Issue 40

Modi Urges Indians to Conserve Fuel as Oil Shock Spreads

Modi Urges Indians to Conserve Fuel as Oil Shock Spreads

Asia braces for second wave of energy shocks from Iran war

Asia braces for second wave of energy shocks from Iran war

Godavari Biorefineries Set to Commission Ethanol Facility in Karnataka

Godavari Biorefineries Set to Commission Ethanol Facility in Karnataka

Travel and Tourism stocks fall after PM Modi speech on fuel conservation, international travel

Travel and Tourism stocks fall after PM Modi speech on fuel conservation, international travel

PM Modi clueless about ensuring India’s energy security: Congress

PM Modi clueless about ensuring India’s energy security: Congress

India tells citizens to shun gold, cut fuel use amid energy crisis

India tells citizens to shun gold, cut fuel use amid energy crisis

Indian state oil refiners eye modest fuel price hike as losses mount

Indian state oil refiners eye modest fuel price hike as losses mount

Panel To Review Domestic Petroleum Production Amid West Asia Crisis

Panel To Review Domestic Petroleum Production Amid West Asia Crisis

The Commodities Feed: Oil surges as peace deal hopes fade

The Commodities Feed: Oil surges as peace deal hopes fade

Oil Traders Adding Back Supply Risk Premium

Oil Traders Adding Back Supply Risk Premium

Oil Tankers Go Dark to Exit the Strait of Hormuz

Oil Tankers Go Dark to Exit the Strait of Hormuz

WTI Books Weekly Loss

WTI Books Weekly Loss

Citi explains why oil prices haven’t gone even higher

Citi explains why oil prices haven’t gone even higher

Japan Receives First Central Asian Crude Since Iran War Began

Japan Receives First Central Asian Crude Since Iran War Began

Morgan Stanley: Oil Buffers Could Run Out Before Hormuz Reopens

Morgan Stanley: Oil Buffers Could Run Out Before Hormuz Reopens

Oil Prices Jump After Trump Rejects Iran’s Peace Proposal

Oil Prices Jump After Trump Rejects Iran’s Peace Proposal

Reuters Survey Shows OPEC Oil Output At 26-Year Low Amid Iran War

Reuters Survey Shows OPEC Oil Output At 26-Year Low Amid Iran War

India has 60 days of crude oil, 60 days of Natural Gas and 45 days of LPG rolling stock: Centre

India has 60 days of crude oil, 60 days of Natural Gas and 45 days of LPG rolling stock: Centre

Petroleum Ministry says fuel, LPG stocks adequate amid global supply disruptions; urges citizens to conserve energy

Petroleum Ministry says fuel, LPG stocks adequate amid global supply disruptions; urges citizens to conserve energy

Latest Market News Of Energy & Petroleum

Daily Report News

Government cuts oil and gas royalty rates to spur upstream investments: CLSA

Government cuts oil and gas royalty rates to spur upstream investments: CLSA

Energy & Petroleum

english.punjabkesari.com

Government cut oil/gas royalty rates to spur upstream investments, boosting ONGC (7-9%) and Oil India (9-11%). Onshore crude royalty drops from 16.66% to 10%, offshore from 9.09% to 8%, and gas to 8%. This signals strong policy support.

Tata Sierra EV Arriving Soon In India - Key Specs, Range, Features Detailed

Tata Sierra EV Arriving Soon In India - Key Specs, Range, Features Detailed

Energy & Petroleum

Tata Sierra EV launching by Q1 FY27, priced from Rs 18.5 lakh. Offers 55/65 kWh batteries, over 500 km range, dual-motor AWD, three screens, and Level 2 ADAS, positioning it as a premium midsize EV.

1112

Centre reduces oil, gas royalty burden across offshore and deepwater blocks

Centre reduces oil, gas royalty burden across offshore and deepwater blocks

Energy & Petroleum

thehansindia.com

Centre reduces oil/gas royalty: deepwater 5% (7 yrs), then 10%; ultra-deepwater 0% (7 yrs), then 5%. Onland/shallow water remain 12.5%, easing burden across various regimes.

1115

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

Energy & Petroleum

Amidst a global fuel crisis, India seeks long-term energy security via three delayed pipeline projects: Oman-India Deepwater (1600km, $5-6B), India-Sri Lanka, and TAPI (1814km). WFH is a short-term fix for 85-90% imported oil dependence.

78

Rationalization of royalty under ORD Act marks new era for Oil and Gas regimes: Hardeep Singh Puri

Rationalization of royalty under ORD Act marks new era for Oil and Gas regimes: Hardeep Singh Puri

Energy & Petroleum

english.punjabkesari.com

The government rationalized royalty rates under the ORD Act, following 2025 amendments, to boost India's upstream oil and gas sector. This landmark decision aims for regulatory clarity, consistency, and an investor-aligned framework, marking a new era for energy future.

Restructuring PLN's transmission business could lower financing costs and align grid investment with Indonesia's energy transition needs

Restructuring PLN's transmission business could lower financing costs and align grid investment with Indonesia's energy transition needs

Energy & Petroleum

Restructuring PLN's transmission business into a subholding could lower financing costs from 8.5% to near sovereign rates, enabling Indonesia to meet its USD2.4 billion annual grid investment needs and accelerate energy transition.

1212

Japan coal shift falls short of replacing Hormuz LNG supply

Japan coal shift falls short of replacing Hormuz LNG supply

Energy & Petroleum

asian-power.com

Japan's coal shift falls short of replacing 20% of global LNG supply lost from the Strait of Hormuz. Utilities limit coal buying due to uncertainty, with policy changes offering only 10% of the needed 4 million tonnes annually.

1218

Europe can explore US jet fuel to ease supply crunch from Middle East war

Europe can explore US jet fuel to ease supply crunch from Middle East war

Energy & Petroleum

Hellenic Shipping

European airlines can access US-grade jet fuel to ease supply crunch from the prolonged Middle East conflict, as per May 8 guidance from international aviation bodies and regulators.

11

BHEL Invites Bids For 450 Kilowatt Solar Plant In Jagdishpur

BHEL Invites Bids For 450 Kilowatt Solar Plant In Jagdishpur

Energy & Petroleum

Construction World

BHEL invites bids for a 450 kW solar plant in Jagdishpur under a 25-year BOOM model. A Rs 0.5 mn EMD is mandatory. Bids close May 27, 2026, for the project.

1117

PIXON Secures ALMM Approval for Two Point Three Nine One GW Capacity

PIXON Secures ALMM Approval for Two Point Three Nine One GW Capacity

Energy & Petroleum

Construction World

PIXON secured ALMM approval for 2.391 GW solar module capacity, including 1.646 GW TOPCon and 745 MW Mono PERC. This marks a significant expansion, bolstering domestic supply and aligning with higher efficiency technologies.

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