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Energy & Petroleum News Today

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Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?

Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?

India's HPCL Snaps Up Nigerian Crude To Dodge The Hormuz Bottleneck

India's HPCL Snaps Up Nigerian Crude To Dodge The Hormuz Bottleneck

Hormuz Tanker Traffic Stalls at Two-Month Low as Attacks Escalate

Hormuz Tanker Traffic Stalls at Two-Month Low as Attacks Escalate

India Expands Oil Storage Sites After Shock Supply Disruption

India Expands Oil Storage Sites After Shock Supply Disruption

Analysts Warn Outlook Remains Highly Fragile

Analysts Warn Outlook Remains Highly Fragile

Kolkata Fuel Prices Test Household Transport Budgets

Kolkata Fuel Prices Test Household Transport Budgets

AI boom lifts mining while competing for power

AI boom lifts mining while competing for power

Govt hikes export duty on diesel to Rs 25.5/litre, ATF to Rs 22 amid oil volatility

Govt hikes export duty on diesel to Rs 25.5/litre, ATF to Rs 22 amid oil volatility

Indian Oil to invest ₹1 trillion in petrochemicals over next 5 years

Indian Oil to invest ₹1 trillion in petrochemicals over next 5 years

Why unrest in the Strait of Hormuz is leading to rising oil and gasoline prices - ABC News

Why unrest in the Strait of Hormuz is leading to rising oil and gasoline prices - ABC News

Indian Oil Subsidiary CPCL Plans 280,000 Bpd Manali Refinery

Indian Oil Subsidiary CPCL Plans 280,000 Bpd Manali Refinery

Wired for the Future: The Unseen Infrastructure Powering India’s EV Revolution

Wired for the Future: The Unseen Infrastructure Powering India’s EV Revolution

India commits $8.8bn to boost offshore oil and gas

India commits $8.8bn to boost offshore oil and gas

Rise in wholesale price inflation driven by global commodity, energy costs: Government

Rise in wholesale price inflation driven by global commodity, energy costs: Government

2 Saudi oil tankers cross Bab el-Mandeb as vessel traffic slows

2 Saudi oil tankers cross Bab el-Mandeb as vessel traffic slows

Indian Oil increases spot crude buying amid supply disruptions

Indian Oil increases spot crude buying amid supply disruptions

India's offshore push could trim energy import bill by ₹1 lakh crore, says Puri

India's offshore push could trim energy import bill by ₹1 lakh crore, says Puri

ONGC, Oil India, RIL among stocks in focus as Cabinet clears ₹84,084 crore Samudra Manthan scheme: What it means

ONGC, Oil India, RIL among stocks in focus as Cabinet clears ₹84,084 crore Samudra Manthan scheme: What it means

Nepal Oil Corporation Raises Fuel Prices Again: A Decision That Solves Nothing and Hurts Everyone

Nepal Oil Corporation Raises Fuel Prices Again: A Decision That Solves Nothing and Hurts Everyone

Reliance Receives Saudi Crude Amid Rising Red Sea Shipping Risks

Reliance Receives Saudi Crude Amid Rising Red Sea Shipping Risks

Latest Market News Of Energy & Petroleum

Daily Report News

India: Captive coal output rises 9.6% in July, dispatches hit 17.49 MT

India: Captive coal output rises 9.6% in July, dispatches hit 17.49 MT

Energy & Petroleum

Hellenic Shipping

In July 2026, captive and commercial coal production in India grew by 9.61% year-on-year to 14.78 MT, with dispatches reaching 17.49 MT, boosting domestic supply and energy security.

Northwest European gasoline margins drop over $5 on crude decline

Northwest European gasoline margins drop over $5 on crude decline

Energy & Petroleum

Hellenic Shipping

Northwest European gasoline refining margins dropped by over $5 to $33.06 per barrel on Monday, driven by a sharp decline in crude oil futures due to easing Middle East tensions.

Goldman sees oil staying in $80-90 range barring U.S.-Iran deal or escalation

Goldman sees oil staying in $80-90 range barring U.S.-Iran deal or escalation

Energy & Petroleum

Hellenic Shipping

Goldman Sachs forecasts Brent crude will remain in an $80 to $90 per barrel range, barring any major U.S.-Iran agreement or regional conflict escalation.

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Japan’s oil reserves rise to 202 days despite Iran conflict

Japan’s oil reserves rise to 202 days despite Iran conflict

Energy & Petroleum

Hellenic Shipping

In July, strategic crude oil reserves rose to 202 days of consumption, marking a three-day increase from the previous month despite ongoing geopolitical conflicts.

Mumbai Electric Midi Buses Drive Cleaner Public Transport

Mumbai Electric Midi Buses Drive Cleaner Public Transport

Energy & Petroleum

Mumbai approved 1,500 air-conditioned electric midi buses under the PM E-Drive programme to enhance first and last-mile connectivity, improve urban mobility, and reduce emissions across the city through 2027.

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Kolkata Green Tug Project Strengthens Port Modernisation

Kolkata Green Tug Project Strengthens Port Modernisation

Energy & Petroleum

Garden Reach Shipbuilders and Engineers received a Letter of Intent to build a 15-tonne bollard pull electric harbour tug valued at ₹37.94 crore, boosting India's port modernisation and clean energy goals.

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Government auctions six coal blocks, projects Rs 1,984 crore annual revenue and over 15,700 jobs

Government auctions six coal blocks, projects Rs 1,984 crore annual revenue and over 15,700 jobs

Energy & Petroleum

The Ministry of Coal auctioned six coal blocks, expecting Rs 1,984 crore in annual revenue, Rs 1,743 crore in investments, and over 15,700 new jobs to boost domestic production.

Tata Power deploys 3.5 MW rooftop solar in India

Tata Power deploys 3.5 MW rooftop solar in India

Energy & Petroleum

solarbytes.info

Tata Power Renewables deployed a 3.5 MW rooftop solar system at Jupiter Wagons' Kolkata facility, seamlessly integrating with electrical infrastructure to power uninterrupted rail and mobility manufacturing operations.

ONGC's Q1 profit more than doubles to Rs 17,034 crore as oil price rally boosts earnings

ONGC's Q1 profit more than doubles to Rs 17,034 crore as oil price rally boosts earnings

Energy & Petroleum

State-owned ONGC reported a more than two-fold jump in consolidated net profit to Rs 17,033.81 crore for the June quarter, driven by a sharp rally in global crude oil and natural gas prices.

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FLYTTA GREEN Introduces Heavy-Duty Electric Trucks for Dalmia Cement in Partnership with Drivn

FLYTTA GREEN Introduces Heavy-Duty Electric Trucks for Dalmia Cement in Partnership with Drivn

Energy & Petroleum

Flytta Green deployed heavy-duty electric trucks for Dalmia Cement in Assam, partnering with Drivn. The initial batch of 15 vehicles, supplied by Montra Electric, aims to decarbonize industrial transport.

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