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Energy & Petroleum News Today

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Oil jumps over 2% as US-Iran tensions threaten Hormuz, Red Sea supply routes

Oil jumps over 2% as US-Iran tensions threaten Hormuz, Red Sea supply routes

PM Modi says railway electrification shielded India from West Asia oil disruptions

PM Modi says railway electrification shielded India from West Asia oil disruptions

China to Hike Retail Gasoline and Diesel Prices as Oil Jumps 12% in a Week

China to Hike Retail Gasoline and Diesel Prices as Oil Jumps 12% in a Week

South Korea Bets on Red Sea Route as Hormuz Disruptions Persist

South Korea Bets on Red Sea Route as Hormuz Disruptions Persist

India's development did not come to standstill despite oil supply crisis: PM Modi

India's development did not come to standstill despite oil supply crisis: PM Modi

Oil Prices Set for Biggest Weekly Surge Since April as Iran War Escalates

Oil Prices Set for Biggest Weekly Surge Since April as Iran War Escalates

Brent tops $85 as US-Iran attacks intensify and oil supply fears grow

Brent tops $85 as US-Iran attacks intensify and oil supply fears grow

A 'Trump put' for oil? Indian refiners aren't worried about an immediate supply crunch

A 'Trump put' for oil? Indian refiners aren't worried about an immediate supply crunch

Fossil generation ‘substituted’ by renewables in 2025 amid electricity tipping point

Fossil generation ‘substituted’ by renewables in 2025 amid electricity tipping point

Reuters: Russia asks India to boost gasoline deliveries

Reuters: Russia asks India to boost gasoline deliveries

Indian Fuel Demand Rises in July Amid Varied Monsoon Impact

Indian Fuel Demand Rises in July Amid Varied Monsoon Impact

Current Transformer Market Size, Share, Growth, 2034

Current Transformer Market Size, Share, Growth, 2034

Govt Admits E20 Reduces Mileage, Ethanol Surplus Spurs Export Push Amid E20 Backlash

Govt Admits E20 Reduces Mileage, Ethanol Surplus Spurs Export Push Amid E20 Backlash

India raises windfall tax on diesel, ATF exports; cuts levy on petrol exports

India raises windfall tax on diesel, ATF exports; cuts levy on petrol exports

Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil scene

Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil scene

Crude Oil Inventories Fall Less Than Expected, Impacting Market Sentiment

Crude Oil Inventories Fall Less Than Expected, Impacting Market Sentiment

The Commodities Feed: Renewed US-Iran tensions unnerve oil market

The Commodities Feed: Renewed US-Iran tensions unnerve oil market

U.S. Strikes Iran-Linked Tanker Near Kharg Island

U.S. Strikes Iran-Linked Tanker Near Kharg Island

Asian refiners may be the surprise winners of fresh fuels crunch

Asian refiners may be the surprise winners of fresh fuels crunch

IEA Warns World Has Just Weeks to Avoid Hormuz Economic Shock

IEA Warns World Has Just Weeks to Avoid Hormuz Economic Shock

Latest Market News Of Energy & Petroleum

Daily Report News

Hydrogen Trains Explained: How They Work And Why They Are A Cleaner Option Than Traditional Rail

Hydrogen Trains Explained: How They Work And Why They Are A Cleaner Option Than Traditional Rail

Energy & Petroleum

India launched its 10-coach NaMo Green Rail, the world's longest hydrogen-powered passenger train, on July 17, 2026, in Haryana. Carrying 2,600 passengers over 89 km, it marks a cleaner energy shift despite production costs and infrastructure challenges.

46

Baglihar, Salal projects shut simultaneously; forced power curtailments likely in JK

Baglihar, Salal projects shut simultaneously; forced power curtailments likely in JK

Energy & Petroleum

freepresskashmir.news

Jammu & Kashmir faces likely power cuts due to simultaneous shutdown of Baglihar and Salal hydroelectric projects. A nearly 1,000 MW deficit is expected, with Baglihar offline for 4-5 days and Salal for 10 days, prompting KPDCL to warn of curtailments.

124

India advances green aviation with 104 airports powered by renewable energy

India advances green aviation with 104 airports powered by renewable energy

Energy & Petroleum

India now powers 104 airports entirely with renewable energy, a significant leap from zero in 2014. This move, reducing 200,000 tonnes of carbon annually, advances the 2030 net-zero airport goal and 2070 national target.

Trump-Backed Russia Sanctions Bill Advances in Senate

Trump-Backed Russia Sanctions Bill Advances in Senate

Energy & Petroleum

A US Senate bill, with 85 co-sponsors and White House backing, advances to impose potential 500% tariffs on countries like India and China buying Russian oil. This aims to leverage Russia into peace talks. A vote is expected soon.

Reliance-BP’s KG-D6 gas output falls 7% in June quarter as decline persists

Reliance-BP’s KG-D6 gas output falls 7% in June quarter as decline persists

Energy & Petroleum

telanganatoday.com

Reliance-BP’s KG-D6 gas output fell 7% year-on-year in Q1 to 24.8 mmscmd, continuing a decline from its 30.6 mmscmd peak. The company has a plan to offset this natural decline.

58

Assam: Rights group alleges illegal coal trade in Margherita

Assam: Rights group alleges illegal coal trade in Margherita

Energy & Petroleum

IHRC alleges illegal coal trade in Assam's Margherita coal belt, involving rat-hole mining, heavy excavators, and an organized syndicate. Coal is supplied to five brick kilns, with nearly 50 machines used in a related forest incident. Authorities urged to investigate.

29

Govt extends ALMM relief for select solar projects till December 2026

Govt extends ALMM relief for select solar projects till December 2026

Energy & Petroleum

infra.economictimes.indiatimes.com

Govt extended ALMM relief for select net metering and open access solar projects until December 31, 2026, from May 31, 2026. This aims to safeguard manufacturers and promote self-reliance in solar PV, without a blanket extension.

102

India extends solar cells local sourcing deadline for open access, net metering projects till December

India extends solar cells local sourcing deadline for open access, net metering projects till December

Energy & Petroleum

energy.economictimes.indiatimes.com

India extends the solar cell local sourcing exemption for open access and net metering projects until December. This allows imported cells for projects commissioned after May 31, aiding manufacturers and providing time to align with ALMM-II, while the policy remains unchanged.

Uttar Pradesh overtakes Maharashtra to become second-largest rooftop solar state under PM Surya Ghar

Uttar Pradesh overtakes Maharashtra to become second-largest rooftop solar state under PM Surya Ghar

Energy & Petroleum

energy.economictimes.indiatimes.com

Uttar Pradesh became India's second-largest rooftop solar state with 6,74,393 installations, generating 2.28 GW. This saves ₹6.5 crore daily, creates 85,000 jobs, and avoids 2.7 million tonnes of CO2 annually under PM Surya Ghar.

42

Global oil markets resilient to geopolitical tensions, history shows past crises were more severe

Global oil markets resilient to geopolitical tensions, history shows past crises were more severe

Energy & Petroleum

energy.economictimes.indiatimes.com

Global oil markets are resilient to current tensions. Brent crude rose from $72.6 to $85/barrel, but past crises were more severe. Economies like India (6.6% GDP growth) adapted, as oil's global energy share falls below 30%.

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