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Energy & Petroleum News Today

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Europe chems stocks rally to near 2026 high but firm oil prices to linger

Europe chems stocks rally to near 2026 high but firm oil prices to linger

India hikes diesel, ATF export levies from June 16

India hikes diesel, ATF export levies from June 16

First LNG Tanker Clears Hormuz After U.S.-Iran Deal Announcement

First LNG Tanker Clears Hormuz After U.S.-Iran Deal Announcement

China’s Return to the Oil Market Could Boost Inflation

China’s Return to the Oil Market Could Boost Inflation

Japanese Shipping Companies Hold Back Despite Hormuz Deal

Japanese Shipping Companies Hold Back Despite Hormuz Deal

Rajasthan Sees Rs 150 bn Investment Momentum

Rajasthan Sees Rs 150 bn Investment Momentum

US-Iran peace deal may help boost India's exports, stabilise rupee

US-Iran peace deal may help boost India's exports, stabilise rupee

Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exit

Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exit

Oil falls on optimism over US-Iran peace deal; Brent crude at below $90/bbl

Oil falls on optimism over US-Iran peace deal; Brent crude at below $90/bbl

Wright says U.S. refiners can handle more Venezuelan oil

Wright says U.S. refiners can handle more Venezuelan oil

Our Resources Can Provide The Solutions To Our Economic Problems

Our Resources Can Provide The Solutions To Our Economic Problems

The Case of Flex-Fuel Vehicles in India’s Energy Transition

The Case of Flex-Fuel Vehicles in India’s Energy Transition

Ethanol transition can shift to "Transport Energy Backbone" to shield India from oil shocks: KPMG

Ethanol transition can shift to "Transport Energy Backbone" to shield India from oil shocks: KPMG

Saudi Arabia Reaffirms Crude Oil and Naphtha Supply to Korea... Expands Cooperation to Minerals and AI

Saudi Arabia Reaffirms Crude Oil and Naphtha Supply to Korea... Expands Cooperation to Minerals and AI

Tankers And Gas Carriers Market Growth Outlook to 2035 Driven by LNG Demand and Fleet Renewal - News and Statistics

Tankers And Gas Carriers Market Growth Outlook to 2035 Driven by LNG Demand and Fleet Renewal - News and Statistics

Oil Prices Plunge as U.S. and Iran Reach Deal to Reopen Strait of Hormuz

Oil Prices Plunge as U.S. and Iran Reach Deal to Reopen Strait of Hormuz

Trump says Israel, Iran must 'stop shooting' after flurry of attacks

Trump says Israel, Iran must 'stop shooting' after flurry of attacks

Kolkata LPG Hike Deepens Household Cost Burden

Kolkata LPG Hike Deepens Household Cost Burden

Bimetallic Catalysts Market Refinery Upgrades and Bio-Based Routes Drive Demand Toward 2035

Bimetallic Catalysts Market Refinery Upgrades and Bio-Based Routes Drive Demand Toward 2035

Fuel prices in India declined 3.1% between May 2022-May 2026: Petroleum Minister Hardeep Puri

Fuel prices in India declined 3.1% between May 2022-May 2026: Petroleum Minister Hardeep Puri

Latest Market News Of Energy & Petroleum

Daily Report News

Adani Group Sweeps All Coal Power Tenders from BJP States. Set to Earn Rs 13.27 lakh Crore over 25 years.

Adani Group Sweeps All Coal Power Tenders from BJP States. Set to Earn Rs 13.27 lakh Crore over 25 years.

Energy & Petroleum

reporters-collective.in

Adani Group secured all coal power tenders from BJP states since 2024, projected to earn Rs 13.27 lakh crore over 25 years. This follows a policy shift towards coal, raising concerns about tender fairness and consumer burden.

17

Global demand for EV rises 3% for third straight month in May: BMI data

Global demand for EV rises 3% for third straight month in May: BMI data

Energy & Petroleum

business-standard.com

Global EV demand rose 3% in May, driven by Europe's 23% surge due to subsidies. China saw a 9% drop, and North America a 26% decline, both impacted by policy changes. Overall, global demand is up 0.9% for the first five months.

Chubu Electric Power (TSE:9502) Stock Valuation After India Renewables Investment In Continuum

Chubu Electric Power (TSE:9502) Stock Valuation After India Renewables Investment In Continuum

Energy & Petroleum

Chubu Electric (TSE:9502) invested in Indian renewables, showing strong stock returns (1-year +71.72%, 5-year +150.23%). Its 9.5x P/E suggests undervaluation vs. 10.9x fair value, but DCF indicates overvaluation, presenting mixed signals.

1110

European natural gas falls on U.S.-Iran peace agreement

European natural gas falls on U.S.-Iran peace agreement

Energy & Petroleum

Hellenic Shipping

European natural gas contracts slumped Monday following a U.S.-Iran peace agreement. This boosted investor sentiment and falling crude prices, easing inflationary pressures across global cash markets.

1118

U.S.-Iran peace deal welcome, hope it lasts: Anantha Nageswaran

U.S.-Iran peace deal welcome, hope it lasts: Anantha Nageswaran

Energy & Petroleum

CEA Anantha Nageswaran welcomed the U.S.-Iran peace deal, hoping it lasts for India's oil, gas, and fertilizer imports. He urged public sector leadership to accelerate nuclear energy, build strategic reserves, and foster India's own 'Mittelstand' for national strength.

14

Ahmedabad Clean Energy Firm Broadens Technology Portfolio

Ahmedabad Clean Energy Firm Broadens Technology Portfolio

Energy & Petroleum

Ahmedabad's clean energy firm expands beyond solar to hybrid systems and battery storage, reflecting India's demand for integrated, reliable, low-carbon power. This strategic shift supports decarbonisation and urban growth.

HOCL restarts phenol output at Kochi after temporary shutdown

HOCL restarts phenol output at Kochi after temporary shutdown

Energy & Petroleum

HOCL has restarted phenol production at its Kochi plant following a temporary shutdown. The halt was due to BPCL's LPG pipeline statutory inspection, and operations have now resumed.

Large Contraction in Coal India's Production

Large Contraction in Coal India's Production

Energy & Petroleum

breakwaveadvisors.com

Coal India's production was 56.1M tons, down 12% YoY for the third consecutive month. Offtake rose 6% MoM to 66.7M tons, causing stockpiles to fall 8% MoM to 130M tons.

114

Hyderabad Bus Network Targets Lower Fuel Consumption

Hyderabad Bus Network Targets Lower Fuel Consumption

Energy & Petroleum

TGSRTC is boosting fuel efficiency across its bus fleet to counter rising diesel costs. The initiative focuses on maintenance, technology, and employee awareness, aiming for substantial savings, reduced emissions, and sustainable urban transport in Hyderabad.

India’s Energy Transition and Coal Production: A 2026 Reality Check

India’s Energy Transition and Coal Production: A 2026 Reality Check

Energy & Petroleum

discoveryalert.com.au

India's energy transition sees simultaneous expansion of coal and renewables. Producing 1.085 billion tonnes of coal in 2024 and reaching 200 GW renewables, India prioritizes energy security amid rising demand, with coal demand potentially peaking 2030-2035.

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