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Energy & Petroleum News Today

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Shipping through Strait of Hormuz remains severely disrupted – Flexport

Shipping through Strait of Hormuz remains severely disrupted – Flexport

Oil Prices Jump After Fresh U.S. Strikes on Iran

Oil Prices Jump After Fresh U.S. Strikes on Iran

US Crude, Gasoline Inventories Continue to Sink

US Crude, Gasoline Inventories Continue to Sink

Tokyo Reverses Crisis-Era Benchmark Shift as Dubai-Brent Spread Narrows

Tokyo Reverses Crisis-Era Benchmark Shift as Dubai-Brent Spread Narrows

TotalEnergies Extends French Fuel Price Caps Through June

TotalEnergies Extends French Fuel Price Caps Through June

Dallas Fed Pres Says World Needs To Consume Less Oil And Gas

Dallas Fed Pres Says World Needs To Consume Less Oil And Gas

Global power equations to shift further towards energy, critical minerals: Former Vedanta Group CEO

Global power equations to shift further towards energy, critical minerals: Former Vedanta Group CEO

India Turns to Russia, Brazil, and Venezuela for Crude

India Turns to Russia, Brazil, and Venezuela for Crude

India’s energy strategy needs price correction

India’s energy strategy needs price correction

Powering transition: India needs resilient electric mobility infrastructure

Powering transition: India needs resilient electric mobility infrastructure

Iran accuses U.S. of breaking truce after new strikes

Iran accuses U.S. of breaking truce after new strikes

Trump's Iran Signals Send Oil Markets Into Chaos

Trump's Iran Signals Send Oil Markets Into Chaos

Mumbai high at 50: From discovery well to digital frontier

Mumbai high at 50: From discovery well to digital frontier

CPI(M) demands fuel price cuts, warn of large-scale protests

CPI(M) demands fuel price cuts, warn of large-scale protests

Congress chief Mallikarjun Kharge likens repeated fuel hikes to ?slow poisoning?

Congress chief Mallikarjun Kharge likens repeated fuel hikes to ?slow poisoning?

West Asia conflict, AI disruption pose risks for India Inc: Moody’s-ICRA report

West Asia conflict, AI disruption pose risks for India Inc: Moody’s-ICRA report

Global oil price gains 3% as U.S. Military strikes on Iran add to peace deal uncertainty

Global oil price gains 3% as U.S. Military strikes on Iran add to peace deal uncertainty

India’s Electricity Demand Rises 8.1% Despite West Asia-Driven Energy Price Pressures: ICRA

India’s Electricity Demand Rises 8.1% Despite West Asia-Driven Energy Price Pressures: ICRA

‘Elevated oil prices weigh on cos’ cash flows in near term’

‘Elevated oil prices weigh on cos’ cash flows in near term’

DIRE STRAIT: Fuel prices hiked again

DIRE STRAIT: Fuel prices hiked again

Latest Market News Of Energy & Petroleum

Daily Report News

Chennai Refinery Corridor Gets New Fuel Hub

Chennai Refinery Corridor Gets New Fuel Hub

Energy & Petroleum

CPCL launched its first 'Sooper' fuel station in North Chennai's industrial corridor, marking a strategic entry into urban retail. This expansion aims for stronger downstream control amid evolving urban mobility and sustainability demands.

1118

State-owned operator reveals new oil and gas finds in flagship offshore basin

State-owned operator reveals new oil and gas finds in flagship offshore basin

Energy & Petroleum

upstreamonline.com

India's ONGC announced significant offshore oil and gas discoveries in the Mumbai Offshore basin across two OALP tracts. This marks a positive development for the state-owned operator.

126

Air pollution cut India’s solar power output by 9.6% in 2023, study says

Air pollution cut India’s solar power output by 9.6% in 2023, study says

Energy & Petroleum

Air pollution cut India’s solar power output by 9.6% (15 TWh) in 2023, a study reveals. Global average loss was 5.8%. Between 2017-2023, pollution caused 74 TWh annual losses.

102

Environment Ministry's advisory panel gives approval to coal mining in Chhattisgarh's Hasdeo-Arand forest

Environment Ministry's advisory panel gives approval to coal mining in Chhattisgarh's Hasdeo-Arand forest

Energy & Petroleum

energy.economictimes.indiatimes.com

Environment Ministry's panel approved coal mining in Chhattisgarh's Hasdeo-Arand forest, leading to felling of 4.48 lakh trees across 1,740 hectares. Environmentalists warn of irreversible ecological and social damage, despite phased mining conditions.

107

Mining cos must take measures to prevent flooding, landslides: Govt

Mining cos must take measures to prevent flooding, landslides: Govt

Energy & Petroleum

infra.economictimes.indiatimes.com

Govt mandates monsoon safety for mining companies: form monitoring cells, assess 10-year rainfall, manage drainage, and fence waterlogged pits. Five mines are operational; non-working ones inspected under 1961 regulations.

34

Akasa Air flight runs short on fuel, makes emergency landing in Lucknow

Akasa Air flight runs short on fuel, makes emergency landing in Lucknow

Energy & Petroleum

infra.economictimes.indiatimes.com

An Akasa Air flight (QP1503) with 194 on board declared a low fuel emergency and diverted to Lucknow due to bad weather. It landed safely at 9:21 pm after ATC activated emergency protocols, including deploying crash fire tenders.

45

Gasoline Futures Fall to Over 5-Week Low

Gasoline Futures Fall to Over 5-Week Low

Energy & Petroleum

Hellenic Shipping

US gasoline futures dropped below $3.10 per gallon, a 5-week low, on hopes of a potential Iran war agreement. This raises expectations for the Strait of Hormuz reopening, impacting global oil supply.

98

ONGC yet to take control of Cambay Block as Vedanta challenges govt move

ONGC yet to take control of Cambay Block as Vedanta challenges govt move

Energy & Petroleum

The Economic Times

ONGC faces delay in taking control of Cambay Block (CB-OS-02) as Vedanta challenges the government's non-extension of its contract. A court-ordered status quo keeps Vedanta as operator, impacting the block producing 3,400 barrels of oil daily.

62

Shutdown of power generation units disrupts UP power grid

Shutdown of power generation units disrupts UP power grid

Energy & Petroleum

timesofindia.indiatimes.com

Uttar Pradesh faced major power disruptions as nine generation units (4,302 MW) shut down due to technical failures at Rosa, Ghatampur, and Jawaharpur plants. Outages hit districts, with 2,091 MW still non-operational, impacting the state grid and prompting emergency measures.

64

Quad gains momentum with Rubio’s India visit: USIBC

Quad gains momentum with Rubio’s India visit: USIBC

Energy & Petroleum

telanganatoday.com

USIBC welcomed strategic initiatives from Secretary Rubio's India visit, boosting Quad momentum and US-India economic ties. Key areas include critical minerals, energy security, digital infrastructure, and defence, signalling deeper partnership and commercial potential.

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