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Energy & Petroleum News Today

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The oil security paradox: Every war becomes an oil crisis in a fossil-fuel economy

The oil security paradox: Every war becomes an oil crisis in a fossil-fuel economy

Don’t mistake UAE's OPEC exit for an Indian win

Don’t mistake UAE's OPEC exit for an Indian win

EV Charging Infrastructure is a Critical Component of India’s Energy Security: Kartikey Hariyani

EV Charging Infrastructure is a Critical Component of India’s Energy Security: Kartikey Hariyani

Petrol and diesel unchanged across India as 4-year cap holds

Petrol and diesel unchanged across India as 4-year cap holds

Crude Oil Price On May 8: Brent Crude Climbs Back After Sharp Two-Day Fall

Crude Oil Price On May 8: Brent Crude Climbs Back After Sharp Two-Day Fall

Petrol, diesel prices today: How much does fuel cost in Delhi, Mumbai, Kolkata, Bengaluru on 8 May

Petrol, diesel prices today: How much does fuel cost in Delhi, Mumbai, Kolkata, Bengaluru on 8 May

Key road repair works in Delhi hit by bitumen price hike

Key road repair works in Delhi hit by bitumen price hike

First Oil Tanker Reaches South Korea Through Hormuz Since War Began

First Oil Tanker Reaches South Korea Through Hormuz Since War Began

Govt extends scheme for promotion of ship flagging in India by five more years

Govt extends scheme for promotion of ship flagging in India by five more years

US Hits Iran-Flagged Oil Tankers While Peace Talks Continue

US Hits Iran-Flagged Oil Tankers While Peace Talks Continue

Fuel price hike on the cards as India struggles to absorb soaring crude costs

Fuel price hike on the cards as India struggles to absorb soaring crude costs

US Gives Iran Deadline on Peace Proposal

US Gives Iran Deadline on Peace Proposal

Iraq Denies U.S. Claim Deputy Minister Helped Iran’s Oil Sales

Iraq Denies U.S. Claim Deputy Minister Helped Iran’s Oil Sales

Brent Oil Price Futures Understating Physical Market Stress

Brent Oil Price Futures Understating Physical Market Stress

Brent prices edge lower as hopes surround prospects for U.S.-Iran peace deal

Brent prices edge lower as hopes surround prospects for U.S.-Iran peace deal

More Than 40 India-Bound Ships Remain Trapped Near Hormuz

More Than 40 India-Bound Ships Remain Trapped Near Hormuz

Korea secures 210 million barrels of Saudi, U.S. crude oil, counters Iran war supply shocks

Korea secures 210 million barrels of Saudi, U.S. crude oil, counters Iran war supply shocks

Fuel price freeze pushes petrol loss to Rs 18 per litre, diesel to Rs 35

Fuel price freeze pushes petrol loss to Rs 18 per litre, diesel to Rs 35

Parliamentary panel to review domestic petroleum production amid West Asia crisis

Parliamentary panel to review domestic petroleum production amid West Asia crisis

As Hormuz chokes global oil markets, satellite images reveal vast oil spills

As Hormuz chokes global oil markets, satellite images reveal vast oil spills

Latest Market News Of Energy & Petroleum

Daily Report News

Hyderabad Power Disruptions Expose Infrastructure Stress

Hyderabad Power Disruptions Expose Infrastructure Stress

Energy & Petroleum

Hyderabad faces widespread power disruptions from 9 am due to ageing infrastructure, rising summer demand, and maintenance. This exposes strain on the city's grid, impacting residents, businesses, and highlighting climate resilience challenges.

Noida Hydrogen Bus Network Nears Airport Launch

Noida Hydrogen Bus Network Nears Airport Launch

Energy & Petroleum

Noida's hydrogen bus network, with five buses, will launch in June, connecting Delhi, Noida, and the new airport. It aims to integrate low-emission public transport and improve airport access.

Holding the Line: The West Asia Crisis and India’s Energy Resilience

Holding the Line: The West Asia Crisis and India’s Energy Resilience

Energy & Petroleum

southasianherald.com

India showed strong energy resilience during the West Asia crisis, boosting LPG output by 50%, diversifying crude sources, and absorbing ₹24-₹30/liter fuel costs, ensuring stable supply despite global oil price surges.

81

Fuel prices to surge as OMC’s face Rs 30,000 core debt

Fuel prices to surge as OMC’s face Rs 30,000 core debt

Energy & Petroleum

telanganatoday.com

India faces fuel price hikes (Rs 4-5/litre petrol/diesel, Rs 50/LPG) as OMCs incur Rs 30,000 crore debt from absorbing losses (Rs 24/litre petrol, Rs 30/litre diesel) amid global crude surge ($70 to $100+).

116

The Price of Energy Realism: Why India Must Embrace Calibrated Fuel Pricing

The Price of Energy Realism: Why India Must Embrace Calibrated Fuel Pricing

Energy & Petroleum

thestatesman.com

India must embrace calibrated, market-oriented fuel pricing to reduce subsidies, improve energy company finances, and incentivize sustainable energy. This shift requires careful management for vulnerable populations and long-term sustainability.

77

TGSRTC expands EV charging network across Hyderabad

TGSRTC expands EV charging network across Hyderabad

Energy & Petroleum

telanganatoday.com

TGSRTC is expanding Hyderabad's EV charging network, with 5 depots operational, Kukatpally launching soon, and 13 more planned within a year. This supports the state's goal of operating 490+ electric buses within ORR.

1112

Power Demand To Pick Up In FY27 Amid Persistent Discom Stress

Power Demand To Pick Up In FY27 Amid Persistent Discom Stress

Energy & Petroleum

businessworld.in

India's power demand to grow 5-5.5% in FY27, with 50 GW capacity addition, mainly RE. Thermal capacity adds 6 GW, but discoms face persistent financial stress, with Rs 7.1 trillion debt and a 30-33 paise/unit cash gap.

Freeze on fuel prices bleeds oilcos

Freeze on fuel prices bleeds oilcos

Energy & Petroleum

ahmedabadmirror.com

India's state oil companies face Rs 30,000 crore monthly losses (Rs 700-1,000 crore daily) by keeping fuel prices frozen for two years amidst global turmoil, ensuring uninterrupted supplies despite massive financial hits.

1117

India Power Booms on Capex, Faces Non-Solar Hour Challenges

India Power Booms on Capex, Faces Non-Solar Hour Challenges

Energy & Petroleum

India's power sector sees a historic Capex boom, projecting 5-6% annual growth fueled by demand. Yet, it faces major non-solar hour challenges and grid stability issues, prompting a regulatory shift towards reliability despite positive forecasts.

1120

Mahasamund LPG Scam: 2 Food Officers, Gas Agency Operator Arrested

Mahasamund LPG Scam: 2 Food Officers, Gas Agency Operator Arrested

Energy & Petroleum

english.dainikjagranmpcg.com

Chhattisgarh police arrested two food officers and a gas agency operator in a ₹1.5 crore LPG diversion scam involving 90 metric tonnes. Owners of Thakur Petrochemicals are absconding, with political links under scrutiny. Evidence tampering was also found.

57

Energy & Petroleum Prices

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Bitumen

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Imported

Bitumen

VG30 Bulk

EX - Mangalore

Imported

Bitumen

VG30 Drum

EX - Mundra

Imported

Bitumen

VG30 Bulk

EX - Mathura

Imported

Bitumen

VG30 Bulk

EX - Karwar

Imported

Bitumen

VG40 Bulk

EX - Mangalore

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