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Energy & Petroleum News Today

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Oil prices spike again as US-Iran ceasefire breaks down and Strait of Hormuz is closed again

Oil prices spike again as US-Iran ceasefire breaks down and Strait of Hormuz is closed again

Will Fuel, LPG Prices Rise Again? Experts Flag Risks As Iran War Escalates

Will Fuel, LPG Prices Rise Again? Experts Flag Risks As Iran War Escalates

India Better Prepared To Tackle Strait Of Hormuz Supply Disruption

India Better Prepared To Tackle Strait Of Hormuz Supply Disruption

Why the Modi Governments Insistence on Importing Expensive Natural Gas Makes No Sense

Why the Modi Governments Insistence on Importing Expensive Natural Gas Makes No Sense

Chinese Independent Refiners Shift from Iranian to Gulf Crude Amid Widening Discounts

Chinese Independent Refiners Shift from Iranian to Gulf Crude Amid Widening Discounts

USA, Iran Trade Fresh Strikes

USA, Iran Trade Fresh Strikes

European Natural Gas Prices Jump on Hormuz Escalation

European Natural Gas Prices Jump on Hormuz Escalation

US-Iran Conflict Triggers Sharp Selloff Across Base Metals Amid Growth Fears Jonathan Stroud13-July-2026 Escalating US-Iran tensions, rising oil prices, inflation fears, and a stronger dollar dragged base metal... Cover Story

US-Iran Conflict Triggers Sharp Selloff Across Base Metals Amid Growth Fears Jonathan Stroud13-July-2026 Escalating US-Iran tensions, rising oil prices, inflation fears, and a stronger dollar dragged base metal... Cover Story

Asia top stories – weekly summary

Asia top stories – weekly summary

Oil jumps 3% after US, Iran escalate strikes in West Asia

Oil jumps 3% after US, Iran escalate strikes in West Asia

Brent below $80 to sustain OMC earnings recovery

Brent below $80 to sustain OMC earnings recovery

Oil markets brace for more turbulence ahead amid geopolitical risks, supply-demand dynamics

Oil markets brace for more turbulence ahead amid geopolitical risks, supply-demand dynamics

Crude to stay supported despite Hormuz risk after renewed US-Iran rift; gold to face rate pressure: Report

Crude to stay supported despite Hormuz risk after renewed US-Iran rift; gold to face rate pressure: Report

India Battery Storage Tariffs Seen Rising as Costs Squeeze Projects

India Battery Storage Tariffs Seen Rising as Costs Squeeze Projects

Why Renewed Iran Tensions Could Keep Fuel Prices Elevated

Why Renewed Iran Tensions Could Keep Fuel Prices Elevated

Nigeria’s Oil Production Hits Six-Year High as Middle East Risks Return

Nigeria’s Oil Production Hits Six-Year High as Middle East Risks Return

Iran Warns U.S. Interference Could Trigger Further Oil and Gas Disruptions

Iran Warns U.S. Interference Could Trigger Further Oil and Gas Disruptions

South Africa Plans First Oil Reserves Boost Since Apartheid

South Africa Plans First Oil Reserves Boost Since Apartheid

Hormuz Under Fire: Oil Spikes 4% as Houthi Strikes Rattle Global Shipp... George Orwell13-July-2026

Hormuz Under Fire: Oil Spikes 4% as Houthi Strikes Rattle Global Shipp... George Orwell13-July-2026

US reinstates Strait of Hormuz blockade, threatens to take control of waterway

US reinstates Strait of Hormuz blockade, threatens to take control of waterway

Latest Market News Of Energy & Petroleum

Daily Report News

A plant making 150 products from gasoline to polyethylene caught fire 1,300 km from the war zone—Ukraine hits two refineries overnight

A plant making 150 products from gasoline to polyethylene caught fire 1,300 km from the war zone—Ukraine hits two refineries overnight

Energy & Petroleum

euromaidanpress.com

Ukrainian drones hit two Russian oil facilities, including Salavat (1,300 km away), causing fires and idling over 40% of refining capacity. This led to 11,000 tons daily fuel loss and rationing, pushing processing to a two-decade low.

56

NHPC Signs 40-Year PPA with TSECL to Supply Power from 1,720 MW Kamala Hydro Project

NHPC Signs 40-Year PPA with TSECL to Supply Power from 1,720 MW Kamala Hydro Project

Energy & Petroleum

energetica-india.net

NHPC signed a 40-year Power Purchase Agreement with TSECL to supply power from its 1,720 MW Kamala Hydro Project. This ensures reliable, clean energy for Tripura, strengthening India's clean energy transition.

India Wholesale Inflation Hits Highest Since 2022

India Wholesale Inflation Hits Highest Since 2022

Energy & Petroleum

tradingview.com

India's wholesale inflation surged to 9.87% in June 2026, the highest since Sept 2022. This acceleration was primarily due to a 27.41% rise in fuel prices and 6.14% food inflation, with manufacturing inflation at 7.48%.

56

'Made in Chhattisgarh' Goes National: GK E-Vehicle Industries Rolls Out Its 5,000th Electric Three-Wheeler

'Made in Chhattisgarh' Goes National: GK E-Vehicle Industries Rolls Out Its 5,000th Electric Three-Wheeler

Energy & Petroleum

GK E-Vehicle Industries rolled out its 5,000th electric three-wheeler, reinforcing Chhattisgarh's EV manufacturing. This milestone highlights rapid growth, 27 dealerships, and planned expansion into Madhya Pradesh and Odisha, aiming for national recognition for 'Made in Chhattisgarh'.

Chennai farmer climbs on transformer to fix power, electrocuted

Chennai farmer climbs on transformer to fix power, electrocuted

Energy & Petroleum

newindianexpress.com

A 51-year-old farmer was electrocuted near Mamallapuram on Sunday evening while attempting to restore power to his village, which had been without electricity since Saturday night, after officials allegedly failed to respond.

1220

Ludhiana: Consumers throng PSPCL offices over ‘inflated’ power bills | Hindustan Times

Ludhiana: Consumers throng PSPCL offices over ‘inflated’ power bills | Hindustan Times

Energy & Petroleum

hindustantimes.com

Ludhiana consumers thronged PSPCL offices over 'inflated' N-code power bills after a meter reader strike. Of 1.18 lakh bills, 61,598 exceeded ₹5,000. Officials assured automatic adjustments once normal readings resume.

64

Guyana wants India's expertise to build its energy, health, agriculture sectors: High Commissioner Dharamkum..

Guyana wants India's expertise to build its energy, health, agriculture sectors: High Commissioner Dharamkum..

Energy & Petroleum

government.economictimes.indiatimes.com

Guyana, with 46% economic growth in 2024, seeks India's expertise for energy, health, agriculture, and digital sectors. It aims to become a Caribbean hub, leveraging India's experience in refining, renewables, and UPI-inspired platforms.

Can biogas aid India’s energy security?

Can biogas aid India’s energy security?

Energy & Petroleum

India aims for energy security via biogas (CBG) blending, targeting 1% by FY26, 5% by FY29. Despite initiatives like SATAT (132 plants vs 5,000 target), progress is slow due to infrastructure and cost. Concerns exist about maize cultivation shifts impacting food security.

52

INTERVIEW | Campaign against ethanol is sponsored; my focus is on national interest: Nitin Gadkari

INTERVIEW | Campaign against ethanol is sponsored; my focus is on national interest: Nitin Gadkari

Energy & Petroleum

newindianexpress.com

Nitin Gadkari defends ethanol blending, citing Rs 22 lakh crore import reduction, pollution control, and farmer income. He dismisses sponsored criticism, highlighting 20% blending's safety and 550 industries' role in India's energy self-reliance.

104

Hero MotoCorp bets on premium bikes, Harley-Davidson and EVs in FY27 product roadmap

Hero MotoCorp bets on premium bikes, Harley-Davidson and EVs in FY27 product roadmap

Energy & Petroleum

The Hindu Business Line

Hero MotoCorp's FY27 roadmap focuses on 12+ premium bike launches (250-350cc), Harley-Davidson expansion, and VIDA EVs. This strategy aims to diversify beyond commuter bikes, improve margins, and boost exports, rebalancing its 44-product portfolio.

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