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Energy & Petroleum News Today

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IEA Warns Renewed U.S.-Iran Conflict Could Upend Oil Surplus Forecast

IEA Warns Renewed U.S.-Iran Conflict Could Upend Oil Surplus Forecast

Fuel Refining Margins Hit Record Highs as Markets Tighten

Fuel Refining Margins Hit Record Highs as Markets Tighten

Oil prices slide over 1% as US-Iran conflict clouds Hormuz reopening

Oil prices slide over 1% as US-Iran conflict clouds Hormuz reopening

Govt says no to separate E10, E20 and pure petrol supply for consumers

Govt says no to separate E10, E20 and pure petrol supply for consumers

More LNG Carriers Brave the Strait of Hormuz Despite Renewed Hostilities

More LNG Carriers Brave the Strait of Hormuz Despite Renewed Hostilities

INSIGHT: Economic woes borne of Mideast war weigh on Asia petrochemicals

INSIGHT: Economic woes borne of Mideast war weigh on Asia petrochemicals

E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: Govt

E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: Govt

Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopening

Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopening

India Expands Strategic Oil Reserves With New ONGC Storage Plan

India Expands Strategic Oil Reserves With New ONGC Storage Plan

Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate

Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate

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

BPCL Iran Oil Imports Halted Amid US Sanctions Revocation

BPCL Iran Oil Imports Halted Amid US Sanctions Revocation

Major success for Modi government as THIS country agrees to supply uranium to India

Major success for Modi government as THIS country agrees to supply uranium to India

Strait Of Hormuz Explained: Why Fresh US-Iran Tensions Matter For India’s Economy

Strait Of Hormuz Explained: Why Fresh US-Iran Tensions Matter For India’s Economy

Bandar Abbas: The port city at the centre of the Iran-U.S. war

Bandar Abbas: The port city at the centre of the Iran-U.S. war

Japan’s ammonia co-firing strategy constrained by cost, supply, and timing

Japan’s ammonia co-firing strategy constrained by cost, supply, and timing

India’s EV transition cannot afford to ignore retrofitment

India’s EV transition cannot afford to ignore retrofitment

Crude Oil Inventories Surge, Defying Forecasts and Previous Levels

Crude Oil Inventories Surge, Defying Forecasts and Previous Levels

Global oil oversupply looming

Global oil oversupply looming

Renewed US sanctions on Iran puts India’s energy security back in focus: Experts

Renewed US sanctions on Iran puts India’s energy security back in focus: Experts

Latest Market News Of Energy & Petroleum

Daily Report News

Montra Electric Delivers First 65 E-Trucks

Montra Electric Delivers First 65 E-Trucks

Energy & Petroleum

entrepreneurindia.com

Montra Electric delivered its first 65 e-trucks from Manesar, part of a 260-unit order for India's industrial freight corridors. This marks a significant shift to large-scale commercial fleet electrification, enhancing efficiency and sustainability in logistics.

87

Will India face 500% tariff threat again? US revives 'bone-crushing' sanctions at Russian energy trade

Will India face 500% tariff threat again? US revives 'bone-crushing' sanctions at Russian energy trade

Energy & Petroleum

US senators propose the Sanctioning Russia Act of 2025, threatening countries like India with tariffs up to 500% for buying Russian energy. The bill aims to penalize war support, with presidential 180-day exemptions.

IMFA plans shift in production site to save Rs 100 crore in costs: Company aims for output of 400,000 tonnes in current fiscal year

IMFA plans shift in production site to save Rs 100 crore in costs: Company aims for output of 400,000 tonnes in current fiscal year

Energy & Petroleum

economictimes.indiatimes.com

IMFA plans to shift ferrochrome production to Kalinganagar, saving ₹100 crore and ₹1,500-2,000/tonne. Output aims for 400,000 tonnes this fiscal, rising to 500,000 tonnes by FY28. A ₹150 crore ethanol plant is also being set up at Therubali.

39

European gas slides as LNG shipping flows defy Middle East tensions

European gas slides as LNG shipping flows defy Middle East tensions

Energy & Petroleum

Hellenic Shipping

European wholesale natural gas prices declined as LNG tankers successfully navigated the Strait of Hormuz, easing supply fears despite escalating Middle East hostilities.

Iraq seeks higher output quota but will stay in OPEC

Iraq seeks higher output quota but will stay in OPEC

Energy & Petroleum

Hellenic Shipping

Iraq will remain in OPEC while seeking a higher, fair oil output quota within the producer group, stated Iraqi Prime Minister Ali al-Zaidi.

76

US fuel oil supply falls in July

US fuel oil supply falls in July

Energy & Petroleum

Hellenic Shipping

US fuel oil supply in July averaged 23% lower compared to June, as reported by the Energy Information Administration. This indicates a significant reduction in the nation's fuel oil availability.

Low rainfall, other factors conspire to pressure Chile's power grid

Low rainfall, other factors conspire to pressure Chile's power grid

Energy & Petroleum

Chile's power grid faces pressure from low rainfall and gas limits, risking 400GWh deficit this month and 550GWh next. Marginal costs hit US$192/MWh, up 61% year-on-year, prompting preventive measures and project acceleration.

Global Energy Independence Day: Why Renewable Energy is Key to India’s Energy Security

Global Energy Independence Day: Why Renewable Energy is Key to India’s Energy Security

Energy & Petroleum

dailypioneer.com

India's renewable energy push is key for security, targeting 500 GW non-fossil capacity by 2030. Already 3rd largest producer with 283 GW non-fossil capacity by March 2026, it boosts economic resilience and climate action.

78

Producing India’s next clean fuel

Producing India’s next clean fuel

Energy & Petroleum

tribuneindia.com

Indian scientists at BARC and IGCAR demonstrated a single Fast Breeder Test Reactor (FBTR) can generate electricity, breed nuclear fuel, and produce green hydrogen from waste heat (480-520 C), expanding nuclear energy's role.

MSEDCL claims smart meters 100% accurate

MSEDCL claims smart meters 100% accurate

Energy & Petroleum

timesofindia.indiatimes.com

MSEDCL asserts smart meters are 100% accurate, attributing high bills to increased consumption from changing lifestyles and appliance use. Inspections confirmed meter accuracy. Consumers advised on TOD benefits (85 paise/unit) and electrical audits.

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