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Energy & Petroleum News Today

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Oil Price Today (July 24): Crude oil dips below $100 but up 13% this week as supply tensions mount. $120 per barrel possible?

Oil Price Today (July 24): Crude oil dips below $100 but up 13% this week as supply tensions mount. $120 per barrel possible?

Oil keeps flowing from Red Sea as Hormuz bypass stays open

Oil keeps flowing from Red Sea as Hormuz bypass stays open

Mood turns cautiously bullish as crude oil spike jolts Europe PET sector

Mood turns cautiously bullish as crude oil spike jolts Europe PET sector

Russia's Biggest Black Sea Oil Port Goes Quiet as Drone Threat Grows

Russia's Biggest Black Sea Oil Port Goes Quiet as Drone Threat Grows

Saudi Red Sea Crude Exports Have Sank 41% Since March Peak

Saudi Red Sea Crude Exports Have Sank 41% Since March Peak

Oil Shock Could Turn Super El Niño Into an Inflation Problem Again

Oil Shock Could Turn Super El Niño Into an Inflation Problem Again

Iran threatens total regional oil blockade following US infrastructure strike warnings

Iran threatens total regional oil blockade following US infrastructure strike warnings

Oil tops $100/b after Houthis attack two Saudi tankers in Red Sea

Oil tops $100/b after Houthis attack two Saudi tankers in Red Sea

Brent oil near $100 raises concerns over India's inflation, forex reserves; sustained rally unlikely: Experts

Brent oil near $100 raises concerns over India's inflation, forex reserves; sustained rally unlikely: Experts

Crude falls 2% on profit booking; Brent near $100

Crude falls 2% on profit booking; Brent near $100

Indian rupee on brink of record low after crude storms past $100; RBI watched

Indian rupee on brink of record low after crude storms past $100; RBI watched

India Scours Angola, Venezuela for Crude as Mideast Supply Dries Up

India Scours Angola, Venezuela for Crude as Mideast Supply Dries Up

Hormuz Tanker Crossings Sink to Lowest Level Since May as War Risk Spikes

Hormuz Tanker Crossings Sink to Lowest Level Since May as War Risk Spikes

Japan flips to net importer of petrochemicals on naphtha price surge

Japan flips to net importer of petrochemicals on naphtha price surge

Core upgrade: on the Index of Core Industries

Core upgrade: on the Index of Core Industries

Double blockade of sea routes exposes economic fragility

Double blockade of sea routes exposes economic fragility

Govt remains non-committal on reducing petrol, diesel prices amid fluctuating crude prices

Govt remains non-committal on reducing petrol, diesel prices amid fluctuating crude prices

India should re-examine its energy investment

India should re-examine its energy investment

European gas climbs as heat boosts demand, Hormuz tensions threaten LNG flows

European gas climbs as heat boosts demand, Hormuz tensions threaten LNG flows

India's power stations face 13-day coal stock shortage amid monsoon, impacting generation capacity

India's power stations face 13-day coal stock shortage amid monsoon, impacting generation capacity

Latest Market News Of Energy & Petroleum

Daily Report News

Hyundai Motor Group opens first integrated waste-to-hydrogen facility in Cheongju

Hyundai Motor Group opens first integrated waste-to-hydrogen facility in Cheongju

Energy & Petroleum

indianchemicalnews.com

Hyundai Motor Group opened its first integrated waste-to-hydrogen facility, HTWO ENERGY Cheongju, producing 500 kilograms of hydrogen daily to support fuel cell vehicles and boost South Korea's hydrogen ecosystem.

Kolkata Coastal Coal Handling Boosts Eastern Logistics

Kolkata Coastal Coal Handling Boosts Eastern Logistics

Energy & Petroleum

Haldia Dock Complex resumed coastal coal handling with 27,100 metric tonnes of thermal coal after nine months, boosting eastern India's maritime logistics and reducing inland transport reliance.

18

Gurugram New Gurugram Bus Service Targets Daily Commuters

Gurugram New Gurugram Bus Service Targets Daily Commuters

Energy & Petroleum

New Gurugram residents demand scheduled public transport linking residential sectors 79 to 102 with major employment hubs. Authorities plan to evaluate electric bus routes to improve daily commuter mobility.

LNK Energy closes Phase 1 financing for 6 GW solar plant

LNK Energy closes Phase 1 financing for 6 GW solar plant

Energy & Petroleum

solarbytes.info

LNK Energy achieved financial closure with State Bank of India for Phase 1 of its planned 6 GW integrated solar manufacturing facility in Maharashtra, covering ingot, wafer, cell, and module production.

1220

Oil rally lags initial war surge as Trump's election calculus caps price fears

Oil rally lags initial war surge as Trump's election calculus caps price fears

Energy & Petroleum

Brent crude gained 24% after US-Iran fighting resumed, lagging the initial 43% war surge. Ample inventories and expectations of political pressure to cap prices ahead of elections limited the rally.

125

India's Next Energy Frontier Lies 3,000 Metres Under the Sea. Here's What ONGC Is Looking For

India's Next Energy Frontier Lies 3,000 Metres Under the Sea. Here's What ONGC Is Looking For

Energy & Petroleum

openthemagazine.com

ONGC has begun drilling its first deepwater well in the Mahanadi Offshore Basin under the Samudra Manthan mission, targeting offshore reserves up to 3,000 metres deep to boost India's energy security.

1116

From fuel security to grid security: The next chapter of India's energy transition

From fuel security to grid security: The next chapter of India's energy transition

Energy & Petroleum

India's energy transition shifts from fuel security to grid security. With 50 GW of renewable capacity stranded, experts stress integrating generation, transmission, and storage infrastructure for the 500 GW by 2030 target.

BikeWo Green Tech unveils full-stack mobility and logistics platform strategy

BikeWo Green Tech unveils full-stack mobility and logistics platform strategy

Energy & Petroleum

BikeWo Green Tech unveiled a full-stack mobility and logistics platform strategy integrating electric mobility and renewable energy, backed by shareholder approval for fleet expansion and technology investments.

1014

EV Penetration in India Expected to Reach 10-12% in FY2027: Ind-Ra

EV Penetration in India Expected to Reach 10-12% in FY2027: Ind-Ra

Energy & Petroleum

autoguideindia.com

India's EV penetration is projected to reach 10-12% in FY2027, driven by strong growth in two-wheelers, three-wheelers, and passenger vehicles, according to India Ratings and Research.

India-bound coal freight remains firm w-o-w as higher bunker costs offset weak dry bulk sentiment

India-bound coal freight remains firm w-o-w as higher bunker costs offset weak dry bulk sentiment

Energy & Petroleum

India-bound coal freight remained firm through July 24, 2026, as rising bunker costs offset weak dry bulk sentiment. Brent crude hit $97.69/barrel, and Singapore VLSFO bunker prices rose to $882/tonne.

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