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Energy & Petroleum News Today

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Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s why

Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s why

Sensex, Nifty open lower as brent crude prices cross $83 per barrel, hit global market sentiment

Sensex, Nifty open lower as brent crude prices cross $83 per barrel, hit global market sentiment

India Remains Dependent on Imports for 90% of Oil Demand

India Remains Dependent on Imports for 90% of Oil Demand

Shipping Through Hormuz Drops Sharply as Tensions Rise

Shipping Through Hormuz Drops Sharply as Tensions Rise

China’s real oil demand masked by rise of unlicensed fuel trade: sources

China’s real oil demand masked by rise of unlicensed fuel trade: sources

Saudi Aramco cuts Arab Light crude price to Asia for September

Saudi Aramco cuts Arab Light crude price to Asia for September

Russia Turns to South Korea for Fuel as Refinery Crisis Deepens

Russia Turns to South Korea for Fuel as Refinery Crisis Deepens

China’s Crude Imports Bounce Back After Historic June Slump

China’s Crude Imports Bounce Back After Historic June Slump

Oil Prices Jump as Houthi Attacks Raise Saudi Supply Risks

Oil Prices Jump as Houthi Attacks Raise Saudi Supply Risks

Oil gains on renewed Mideast tensions; deal to reopen Hormuz elusive

Oil gains on renewed Mideast tensions; deal to reopen Hormuz elusive

Hormuz Disruption Hits Gulf LNG Exports, Japan Faces Sharp Import Decline

Hormuz Disruption Hits Gulf LNG Exports, Japan Faces Sharp Import Decline

Crude shipments from Russian Black Sea ports to India down by two-thirds: report

Crude shipments from Russian Black Sea ports to India down by two-thirds: report

India cuts overall energy import dependence to 42%, but crude oil imports still meet 90% of demand: CII-EY report

India cuts overall energy import dependence to 42%, but crude oil imports still meet 90% of demand: CII-EY report

Bridge to energy security and low-carbon future | Hindustan Times

Bridge to energy security and low-carbon future | Hindustan Times

ONGC Okays $500 Mn Guarantee For MRPL To Import From Aramco

ONGC Okays $500 Mn Guarantee For MRPL To Import From Aramco

ONGC’s ₹40,000 Crore Arabian Sea Push: What’s Really Happening in Western Offshore

ONGC’s ₹40,000 Crore Arabian Sea Push: What’s Really Happening in Western Offshore

How South Asia is Navigating the Hormuz Disruption, and the Opening for Canada

How South Asia is Navigating the Hormuz Disruption, and the Opening for Canada

Green transition faces hidden supply choke points | Policy Circle

Green transition faces hidden supply choke points | Policy Circle

Singareni Mobilises to Maintain Coal Supply to Thermal Stations

Singareni Mobilises to Maintain Coal Supply to Thermal Stations

Ethanol Blending Averted Rs 125 Petrol Spike, Says Government

Ethanol Blending Averted Rs 125 Petrol Spike, Says Government

Latest Market News Of Energy & Petroleum

Daily Report News

Türkiye's daily power consumption down 4.55% on Aug. 8

Türkiye's daily power consumption down 4.55% on Aug. 8

Energy & Petroleum

Turkey's daily electricity consumption dropped 4.55% to 1,153,735 megawatt-hours on Saturday, with peak consumption hitting 52,970 megawatt-hours, while total production reached 1,175,205 megawatt-hours.

46

Top 5 Safest Electric Cars in India 2026: 5-Star BNCAP Rated EVs

Top 5 Safest Electric Cars in India 2026: 5-Star BNCAP Rated EVs

Energy & Petroleum

autoindiadaily.in

India's top 5 safest electric cars for 2026 feature 5-star BNCAP ratings, led by the Tata Harrier EV and Mahindra XEV 9e with a perfect adult protection score of 32/32.

81

Electric freight drivers can earn 25 per cent more, but financing remains key barrier: Study

Electric freight drivers can earn 25 per cent more, but financing remains key barrier: Study

Energy & Petroleum

downtoearth.org.in

A Shell Foundation and Smart Freight Centre study reveals Indian electric freight drivers earn 25% more. However, high loan repayments remain a key barrier, requiring inclusive financing models for wider EV adoption.

107

BESCOM clears unused electrical equipment from Bengaluru footpaths

BESCOM clears unused electrical equipment from Bengaluru footpaths

Energy & Petroleum

thehansindia.com

As part of the Clean Up Bengaluru initiative, authorities removed unused electrical equipment obstructing footpaths, modifying 356 poles, 10 transformers, and clearing multiple yards to ensure safer pedestrian movement across the city.

122

China Puts a Floor Under Coking Coal

China Puts a Floor Under Coking Coal

Energy & Petroleum

thecoaltrader.com

China has implemented measures to establish a price floor for coking coal, helping stabilize the market amidst global supply constraints and shifting regional demand trends.

OMG: Indian youth builds electric flying vehicle

OMG: Indian youth builds electric flying vehicle

Energy & Petroleum

An Indian innovator successfully tested the HAPIDA SKYNeX, a fully electric personal flying vehicle designed to reduce a 40 km hilly road journey to just 10-15 minutes, boosting advanced air mobility.

46

Solar plant to reduce Kashi jail power by 50%

Solar plant to reduce Kashi jail power by 50%

Energy & Petroleum

energy.economictimes.indiatimes.com

Uttar Pradesh government is installing a 330 KW solar power plant at Varanasi Central Jail, generating 1,400 units daily, cutting electricity bills by 50%, and saving ?14.6 lakh annually.

111

PM’s Kashi goes solar, 17,698 households get zero power bills

PM’s Kashi goes solar, 17,698 households get zero power bills

Energy & Petroleum

energy.economictimes.indiatimes.com

Varanasi installed over 50,000 rooftop solar systems under a government scheme, developing 150 MW capacity and enabling 17,698 households to receive zero electricity bills.

1111

GOBARdhan Scheme can help reduce gas imports by $5 billion, says IBA

GOBARdhan Scheme can help reduce gas imports by $5 billion, says IBA

Energy & Petroleum

energy.economictimes.indiatimes.com

India's ?23,731-crore GOBARdhan Scheme could reduce natural gas imports by $5 billion and fertilizer imports by $1 billion through 1,500 functional CBG plants, boosting rural development and clean energy.

Fresh 100% US tariff threat could add to India's inflation, CAD pressures: CareEdge

Fresh 100% US tariff threat could add to India's inflation, CAD pressures: CareEdge

Energy & Petroleum

The Economic Times

Fresh US tariff threats on Russian oil could push crude prices above $100–$120 per barrel, significantly widening India's current account deficit and driving up domestic inflation.

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