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Energy & Petroleum News Today

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CPCL Gains Navratna Status, Gets Investment Freedom

CPCL Gains Navratna Status, Gets Investment Freedom

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

India Fast-Tracks State Company Stake Sales to Cover Oil Shock Costs

India Fast-Tracks State Company Stake Sales to Cover Oil Shock Costs

Asia Faces USD 5.5 tn Energy Investment Cycle

Asia Faces USD 5.5 tn Energy Investment Cycle

Boosting Domestic Oil and Gas Is India’s Next Energy Priority

Boosting Domestic Oil and Gas Is India’s Next Energy Priority

AP govt has disbursed over Rs 68,000cr as welfare pensions: CM Naidu

AP govt has disbursed over Rs 68,000cr as welfare pensions: CM Naidu

India's energy security now backed by strong systems, diversified oil sourcing: Former BPCL Marketing Director

India's energy security now backed by strong systems, diversified oil sourcing: Former BPCL Marketing Director

Coal India''s Q1 Production Drops 7.5% Despite Demand

Coal India''s Q1 Production Drops 7.5% Despite Demand

Oil flows through Strait of Hormuz, India breathes easy

Oil flows through Strait of Hormuz, India breathes easy

ICE cotton recovers on technical rebound amid India's crop concerns

ICE cotton recovers on technical rebound amid India's crop concerns

Adani Green Energy surpasses 20 GW operational capacity, equals ~14% of India’s utility-scale solar and ~12% of utility solar-wind capacity

Adani Green Energy surpasses 20 GW operational capacity, equals ~14% of India’s utility-scale solar and ~12% of utility solar-wind capacity

Latest Market News Of Energy & Petroleum

Daily Report News

Gurugram Travel Costs Rise Amid Fuel Pressure

Gurugram Travel Costs Rise Amid Fuel Pressure

Energy & Petroleum

Gurugram travel costs are up 20-30% due to rising fuel prices, making summer packages unaffordable. This has led to a noticeable slowdown in holiday demand, impacting tourism and related sectors.

1219

India among lowest-cost solar markets, beats China on PV power cost: IRENA

India among lowest-cost solar markets, beats China on PV power cost: IRENA

Energy & Petroleum

business-standard.com

India leads as the lowest-cost major solar market at $35/MWh in 2025, surpassing China. Global renewable additions hit 690 GW, saving $480 billion and 8.4 gigatonnes CO2, driven by 89% solar cost decline and falling battery prices.

India's Renewable Energy Generation Surges 29.92% In May 2026, As Solar Power Crosses A Record 21.5 BU

India's Renewable Energy Generation Surges 29.92% In May 2026, As Solar Power Crosses A Record 21.5 BU

Energy & Petroleum

sustainableconstruction-now.com

India's renewable energy generation surged 29.92% in May 2026, reaching 34,565.17 MU. Solar power crossed a record 21.5 BU, contributing 62.44% of the total, highlighting rapid expansion and strong growth towards the 500 GW target.

59

Upstream, Midstream, Downstream, LNG, and Petrochemical Supply Chain Networks

Upstream, Midstream, Downstream, LNG, and Petrochemical Supply Chain Networks

Energy & Petroleum

logisticsviewpoints.com

Oil and gas supply chains, from upstream to petrochemicals, are interdependent networks. Integrating their distinct operations and data is crucial for system-wide decisions, improving margin, reliability, and market responsiveness, overcoming fragmentation for optimal value.

1016

BikeWo Signs MoU to Acquire 51% Stake in PositiEV Mobility, Names Hiten Pal Saklani as Proposed CEO

BikeWo Signs MoU to Acquire 51% Stake in PositiEV Mobility, Names Hiten Pal Saklani as Proposed CEO

Energy & Petroleum

BikeWo signed an MoU to acquire a 51% stake in PositiEV Mobility, aiming to integrate EV retail, leasing, financing, and charging. Hiten Pal Saklani is nominated as BikeWo's proposed CEO, strengthening its presence across the electric mobility value chain.

74

PM Modi to inaugurate India's first greenfield refinery in Pachpadra; launch projects worth Rs 1.06 lakh...

PM Modi to inaugurate India's first greenfield refinery in Pachpadra; launch projects worth Rs 1.06 lakh...

Energy & Petroleum

thehansindia.com

PM Modi launched Rs 1.06 lakh Cr projects in Rajasthan, including a greenfield refinery (Rs 79,450 Cr), airport, metro, and solar. A Rs 7,500 Cr semiconductor facility opened in Gujarat.

105

NTPC-SAIL JV Commissions 15 MW Bhilai Floating Solar Power Station

NTPC-SAIL JV Commissions 15 MW Bhilai Floating Solar Power Station

Energy & Petroleum

NTPC-SAIL JV (NSPCL) commissioned its 15 MW Bhilai Floating Solar Power Station on June 24, 2026, now fully operational. Madhav Infra secured the EPC contract. India also advances a ₹5,500 crore floating solar + BESS scheme.

51

PM Modi to inaugurate projects worth Rs 1.06 lakh crore in India

PM Modi to inaugurate projects worth Rs 1.06 lakh crore in India

Energy & Petroleum

thenewsmill.com

PM Modi will inaugurate Rs 1.06 lakh crore projects in Rajasthan and Gujarat on July 4. These include a semiconductor facility, refinery, airport terminal, metro, solar plants, and infrastructure, boosting connectivity, energy, and employment.

49

Demand Uptick: Key drivers and initiatives to meet the growing power requirement

Demand Uptick: Key drivers and initiatives to meet the growing power requirement

Energy & Petroleum

powerline.net.in

India's electricity demand surged, hitting 270.8 GW on May 21, 2026, driven by economic growth and heatwaves. With demand projected to reach 459 GW by 2035-36, the government is implementing initiatives to boost generation and manage supply.

Sarangi Anchors India-Japan Green Fuel Deal

Sarangi Anchors India-Japan Green Fuel Deal

Energy & Petroleum

India's ACME Group secured major green fuel deals: 405 kTPA green ammonia to Japan's IHI and 100 kTPA green methanol to Mitsubishi Gas Chemical for 10 years. This boosts India's ₹19,744 crore National Green Hydrogen Mission, positioning it as a global clean energy exporter.

29

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