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Energy & Petroleum News Today

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Greening grid: KPTCL to replace mineral oil with eco-friendly ester oil in transformers

Greening grid: KPTCL to replace mineral oil with eco-friendly ester oil in transformers

What US sanctions relief on Iranian oil means for global energy market

What US sanctions relief on Iranian oil means for global energy market

Petrochemicals and Pills: How the Iran War Exposed Medicines' Oil Vulnerability

Petrochemicals and Pills: How the Iran War Exposed Medicines' Oil Vulnerability

India Power Demand Hits Record 270.8 GW in May 2026

India Power Demand Hits Record 270.8 GW in May 2026

U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran

U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran

IOC Fails to Attract Bids for Oil Tankers Amid Strait of Hormuz Tensions

IOC Fails to Attract Bids for Oil Tankers Amid Strait of Hormuz Tensions

Steam Turbine Market Growth Driven by Thermal and Industrial Power Projects

Steam Turbine Market Growth Driven by Thermal and Industrial Power Projects

Freight forwarder expects Hormuz traffic will need months to recover

Freight forwarder expects Hormuz traffic will need months to recover

India pivots to Russian crude and coal to mitigate Iran war fallout: Russell

India pivots to Russian crude and coal to mitigate Iran war fallout: Russell

Indian Markets Eye Positive Open; Brent Crude Hovers Above $78

Indian Markets Eye Positive Open; Brent Crude Hovers Above $78

Oil extends sharp losses as traders assess Iran peace progress

Oil extends sharp losses as traders assess Iran peace progress

The Commodities Feed: Oil sells off as US eases sanctions on Iran

The Commodities Feed: Oil sells off as US eases sanctions on Iran

The Strait of Hormuz's future is unsettled even as more ships venture through

The Strait of Hormuz's future is unsettled even as more ships venture through

Oil Prices Continue to Slide as Peace Talks Progress

Oil Prices Continue to Slide as Peace Talks Progress

[SMM Conference] ICM 2026: Gathering Global Metal Industry Elites and Navigating Energy Transition

[SMM Conference] ICM 2026: Gathering Global Metal Industry Elites and Navigating Energy Transition

Markets: Oil slips on US-Iran talks progress as pound falls on Keir Starmer exit

Markets: Oil slips on US-Iran talks progress as pound falls on Keir Starmer exit

India taps ONGC to accelerate SPR expansion amid global oil supply disruption

India taps ONGC to accelerate SPR expansion amid global oil supply disruption

Eleven India-bound vessels have crossed Strait of Hormuz since signing of Iran-US MoU: MEA

Eleven India-bound vessels have crossed Strait of Hormuz since signing of Iran-US MoU: MEA

US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack

US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack

Tanker Owners Are Having the Best Week of the Hormuz Crisis

Tanker Owners Are Having the Best Week of the Hormuz Crisis

Latest Market News Of Energy & Petroleum

Daily Report News

Delhi NCR EV Retrofit Push Gains Pace

Delhi NCR EV Retrofit Push Gains Pace

Energy & Petroleum

Delhi-NCR's EV retrofit push accelerates. Centre offers 8% upfront discount, 5% interest subvention over five years, fuel vouchers, and state tax waivers for up to a decade, boosting cleaner commercial fleets.

1,414 vehicles short: Evey Trans pulls out of mega e-bus contract with BEST

1,414 vehicles short: Evey Trans pulls out of mega e-bus contract with BEST

Energy & Petroleum

indianexpress.com

Evey Trans pulled out of a 2022 contract for 1,414 e-buses with BEST over subsidy disputes, impacting fleet expansion. BEST approved 1,500 new e-buses, while Evey Trans will honor a separate 2,400-bus agreement.

62

PM Modi to inaugurate Pachpadra Refinery soon in Rajasthan; CM reviews project progress

PM Modi to inaugurate Pachpadra Refinery soon in Rajasthan; CM reviews project progress

Energy & Petroleum

government.economictimes.indiatimes.com

Rajasthan CM reviewed Pachpadra Refinery progress, announcing PM Modi's upcoming inauguration. Over six units are operational, with petroleum product production commenced. Officials were directed to prepare for the event.

India's Gold Rush: Jonnagiri Mine Sets New Era in Domestic Gold Production

India's Gold Rush: Jonnagiri Mine Sets New Era in Domestic Gold Production

Energy & Petroleum

devdiscourse.com

India's Jonnagiri Gold Mine, first private commercial operation since Independence, opens with over Rs 400 crore investment. It targets 1,000 kg annual gold production, reducing 700-1,000 tonnes of imports and boosting domestic resource security.

124

AFPM on gasoline prices

AFPM on gasoline prices

Energy & Petroleum

AFPM states refineries don't set gasoline prices; policymakers influence costs. The expensive Renewable Fuel Standard adds nearly 40 cents per gallon, making fuel supply costly. This policy impact can be changed.

77

Govt releases discussion paper for compiling monetary asset accounts of coal in India

Govt releases discussion paper for compiling monetary asset accounts of coal in India

Energy & Petroleum

morungexpress.com

MoSPI released a discussion paper on monetary asset accounts for coal in India, aligning with UN SEEA. It proposes the OECD methodology for valuation, crucial for sustainable management, given record 2024-25 production of 1,047.523 million tonnes raw coal.

101

Intermodal: India’s coal shift redefines dry bulk demand

Intermodal: India’s coal shift redefines dry bulk demand

Energy & Petroleum

India's coal trade is shifting: thermal coal imports fell 12% (65MT Jan-May) due to domestic supply/renewables, while Russian coal arrivals near record 3.16MT. This redefines dry bulk demand, favoring longer-haul routes over short-haul.

India’s IIP Revamp Reflects Mainstreaming of Renewable Energy

India’s IIP Revamp Reflects Mainstreaming of Renewable Energy

Energy & Petroleum

mercomindia.com

India's government has, for the first time, included renewable energy generation in the Index of Industrial Production (IIP). This revamp reflects the mainstreaming of green energy in key economic metrics for policy framing.

India Cuts Coal Imports as Power Plants Turn to Domestic Fuel

India Cuts Coal Imports as Power Plants Turn to Domestic Fuel

Energy & Petroleum

India is cutting coal imports to multi-year lows by boosting domestic fuel use in power plants, leveraging rising local production and renewables. Plants now use up to 70% domestic coal, with 5.7 GW capacity already switched, aiming for more.

61

PM Modi Likely To Inaugurate Rajasthan's HPCL Refinery On July 4

PM Modi Likely To Inaugurate Rajasthan's HPCL Refinery On July 4

Energy & Petroleum

PM Modi is expected to inaugurate Rajasthan's HPCL Refinery on July 4, a project aiming to boost petrochemicals and energy. His visit may also include opening Jodhpur Airport's new 23,500 sq meter terminal, enhancing regional connectivity and tourism.

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