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Energy & Petroleum News Today

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OPEC Oil Production Jumps, But Gulf Supply Is Still Far From Normal

OPEC Oil Production Jumps, But Gulf Supply Is Still Far From Normal

Oil Set for Fourth Straight Weekly Loss as Hormuz Flows Return

Oil Set for Fourth Straight Weekly Loss as Hormuz Flows Return

TotalEnergies Offers Millions of Iraqi Barrels to Asia

TotalEnergies Offers Millions of Iraqi Barrels to Asia

Air India cuts fuel surcharges for North America, Europe flights

Air India cuts fuel surcharges for North America, Europe flights

Bitumen Price Hike Raises Ludhiana Road Costs

Bitumen Price Hike Raises Ludhiana Road Costs

Brent crude oil bias may remain bearish-to-neutral in H2CY2026

Brent crude oil bias may remain bearish-to-neutral in H2CY2026

Petrobras CEO says oil prices settling in $72-$75 range

Petrobras CEO says oil prices settling in $72-$75 range

Russia's Fuel Imports and India's Clarification

Russia's Fuel Imports and India's Clarification

CPCL Gains Navratna Status, Gets Investment Freedom

CPCL Gains Navratna Status, Gets Investment Freedom

India's coal imports fall 13% in April; power sector imports drop 25%

India's coal imports fall 13% in April; power sector imports drop 25%

Chinese oil giant scraps 2 million barrels of West African crude and cuts refinery output

Chinese oil giant scraps 2 million barrels of West African crude and cuts refinery output

EXCLUSIVE: China's Hengli scraps West African, Mideast oil purchases and cuts output, sources say

EXCLUSIVE: China's Hengli scraps West African, Mideast oil purchases and cuts output, sources say

Strait of Hormuz Shipping Resumes, China's Private Refiners Rush to Buy Middle Eastern Crude at $5 Discount

Strait of Hormuz Shipping Resumes, China's Private Refiners Rush to Buy Middle Eastern Crude at $5 Discount

Chinese Teapots Snap Up Middle East Crude As Prices Slide

Chinese Teapots Snap Up Middle East Crude As Prices Slide

The demand for reduction in petrol and diesel prices is justified.

The demand for reduction in petrol and diesel prices is justified.

Daily Editorial Analysis 2 July 2026

Daily Editorial Analysis 2 July 2026

India's headline inflation may be contained in coming months: Govt

India's headline inflation may be contained in coming months: Govt

Crude cools, will petrol and diesel rates go down soon? Experts see Rs 2-4/litre cut

Crude cools, will petrol and diesel rates go down soon? Experts see Rs 2-4/litre cut

The Strait That Didn’t Break India: How a Decade of Preparation Defied the Hormuz Crisis

The Strait That Didn’t Break India: How a Decade of Preparation Defied the Hormuz Crisis

US crude oil production hits record 13.93 million bpd in April

US crude oil production hits record 13.93 million bpd in April

Latest Market News Of Energy & Petroleum

Daily Report News

Kolkata Power Equipment Upgrade Boosts Manufacturing Scale

Kolkata Power Equipment Upgrade Boosts Manufacturing Scale

Energy & Petroleum

Kolkata secures a ₹291.2 crore investment to upgrade power equipment manufacturing, boosting medium-volt component capacity. This expansion, set for mid-2028 completion, strengthens India's grid infrastructure, domestic production, and export capabilities.

1110

Government unveils roadmap to boost electricity consumption and exports

Government unveils roadmap to boost electricity consumption and exports

Energy & Petroleum

english.khabarhub.com

Government unveiled a roadmap to boost electricity consumption and exports, aiming for 1,500 kWh per capita and 28,500 MW installed capacity by 2035. It plans to export 15,000 MW, with 138 MW added and 472 GWh exported in 100 days.

13

'Fearmongers wallowing in depths of despair after India successfully navigated energy crisis': PM Modi

'Fearmongers wallowing in depths of despair after India successfully navigated energy crisis': PM Modi

Energy & Petroleum

deccanherald.com

India successfully navigated the energy crisis, becoming the 4th largest refiner. PM Modi inaugurated Rajasthan's first greenfield refinery, crediting proactive policies, diversified sourcing from over 40 nations, and absorbing ₹75,000 crore losses.

106

Torrent Power outlines long-term growth path as India electricity demand expands - Ad-hoc

Torrent Power outlines long-term growth path as India electricity demand expands - Ad-hoc

Energy & Petroleum

Torrent Power outlines a long-term growth path, leveraging its integrated generation, transmission, and distribution assets across India. The company is positioning for rising electricity demand and grid modernization, driven by urbanization and diverse energy needs.

118

Why Leasing May Become the Default Model for Premium EV Adoption in India

Why Leasing May Become the Default Model for Premium EV Adoption in India

Energy & Petroleum

Premium EV ownership in India faces financial and tech challenges (₹25-50 lakh). Leasing and subscriptions offer flexibility, lower risk, and access-first mobility, becoming the default model for adoption, aligning with evolving consumer preferences.

1217

India's Electric Two-Wheeler Revolution: Ministers and Manufacturers Gear Up for Global Leadership

India's Electric Two-Wheeler Revolution: Ministers and Manufacturers Gear Up for Global Leadership

Energy & Petroleum

devdiscourse.com

Minister Kumaraswamy met electric two-wheeler makers to boost indigenous manufacturing, exports, and global leadership. Discussions focused on policy support, innovation, and achieving Net Zero by 2070, aligning with Aatmanirbhar Bharat goals.

Kumaraswamy discusses electric two-wheeler manufacturing in India

Kumaraswamy discusses electric two-wheeler manufacturing in India

Energy & Petroleum

thenewsmill.com

Union Minister Kumaraswamy met electric two-wheeler manufacturers to strengthen indigenous production and exports. Manufacturers sought policy support. Minister assured full backing for a globally competitive Indian EV ecosystem, aligning with Net Zero 2070 and Viksit Bharat 2047.

1214

Ethanol blending has strengthened India's energy security without hurting vehicle performance: Former IOCL Chairman

Ethanol blending has strengthened India's energy security without hurting vehicle performance: Former IOCL Chairman

Energy & Petroleum

India's ethanol blending program saved Rs 1.9 lakh crore in crude imports and boosted farmers' income by Rs 1.6 lakh crore. Scientific studies confirm E20 fuel strengthens energy security, reduces emissions, and doesn't harm vehicles or mileage.

Russian port, oil terminal hit in large-scale overnight Ukrainian drone strike

Russian port, oil terminal hit in large-scale overnight Ukrainian drone strike

Energy & Petroleum

Ukrainian drones struck St Petersburg's oil terminal and Vysotsk port, handling oil, grain, and LNG. Over 100 drones were shot down across Leningrad and Pskov regions, causing minor damage and injuries.

Bengaluru Planned Power Outages Highlight Grid Upgrade Needs

Bengaluru Planned Power Outages Highlight Grid Upgrade Needs

Energy & Petroleum

Bengaluru's planned power outages underscore the urgent need for grid modernization and infrastructure upgrades. These disruptions, for maintenance and network improvements, aim to enhance reliability and support the city's growing demand as a tech hub, balancing short-term inconvenience with long-term development.

122

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EX - Mundra

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