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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

OCBC lowers oil price outlook as Hormuz flows normalize

OCBC lowers oil price outlook as Hormuz flows normalize

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

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.

Kishan Reddy reviews SCCL coal production plans

Kishan Reddy reviews SCCL coal production plans

Energy & Petroleum

Union Minister G. Kishan Reddy urged SCCL to accelerate coal production by securing new blocks and expanding operations. He called for a 10-15 year plan, increased output, and a pilot coal gasification project to boost India's energy security.

Kishan charts SCCL's future

Kishan charts SCCL's future

Energy & Petroleum

Union Minister Kishan Reddy urged SCCL to boost coal production, secure new blocks, and adopt technology for South India's energy security. He proposed a 10-15 year roadmap, coal gasification, and assured central support for clearances.

29

PM Modi Unveils Landmark Solar Power Plant in Bikaner, Boosts India's Renewable Ambitions

PM Modi Unveils Landmark Solar Power Plant in Bikaner, Boosts India's Renewable Ambitions

Energy & Petroleum

devdiscourse.com

PM Modi inaugurated NHPC's 300 MW Karnisar Solar Plant in Bikaner, boosting India's renewable energy. It will produce 75 crore units annually, offset 6.4 lakh tonnes CO2, and created 40+ jobs, advancing sustainable growth.

38

India will continue to expand oil refining capacity despite global decline – Modi

India will continue to expand oil refining capacity despite global decline – Modi

Energy & Petroleum

India expands oil refining capacity, opening a new 180,000 barrels/day plant for $8.3 billion. Total capacity now 5.4 million barrels/day, targeting 6.2 million by decade-end, leading global growth.

93

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.

54

Indian Ocean Dipole Explained: Will It Affect Food Prices, Inflation And Your Electricity Bill?

Indian Ocean Dipole Explained: Will It Affect Food Prices, Inflation And Your Electricity Bill?

Energy & Petroleum

outlookbusiness.com

India's 40% June rainfall deficit and El Niño raise concerns. A strong positive Indian Ocean Dipole (IOD) could offset impacts on monsoon, food prices, inflation, and electricity demand, as seen in 1997 (2% above normal).

'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.

127

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.

1120

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.

126

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Bitumen

VG30 Drum

EX - Mundra

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VG30 Bulk

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