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Energy Edits Newsletter for May 7, 2026
2026-05-07 · via Business News Today: Latest Business News, Finance News

Welcome to the latest edition of Energy Edits!

Buckle up — the energy world didn’t just move this fortnight, it sprinted, both in domestic space and globally.

Let’s dive in and see!

Fortnight that was:

Iran offers maritime support in Strait of Hormuz after Trump pauses Project Freedom. The advisory comes a day after US President Donald Trump temporarily paused “Project Freedom,” an initiative aimed at facilitating commercial ship movement through the strategically critical waterway amid rising Gulf tensions.  ANI

EV industry at crossroads: Financial gains meet cost headwinds.Rising input costs from imported components, rupee depreciation and global disruptions weigh on margins even as firms bet on innovation and scale. businessline Aishwarya Kumar

US airlines spent 56.4 per cent more on jet fuel in March, the month after the US-Israel strikes on Iran began, than they did in February, US government data released Wednesday show. US carriers spent $5.06 billion on fuel in March, up from $3.23 billion in February. It was 30 per cent more than what they paid in March 2025, according to the Department of Transportation. International reports (CNBC)

India’s Lloyds Metals eyes reopening of Giant PNG Copper Mine. Bloomberg 

Pakistan seeks emergency LNG Supply to ease natural gas shortage. Bloomberg

India goes for steep hike in commercial LPG prices; diesel, petrol, domestic LPG & jet fuel rates unchanged. businessline

In a first, in India, Andhra Pradesh has cleared a power distribution licence for Google’s upcoming data centre project in Visakhapatnam, marking a first-of-its-kind policy move that could reshape how large-scale data centres source and distribute electricity in India. Reports

Trending topics:

Draft rules on 100% Ethanol: Not all vehicle makers are gung-ho about it. S Ronendra Singh

Read more

Delhi EV policy should allow gradual shift, not 100% in one go: Oben Electric CEO. S Ronendra Singh

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Power Ministry mandates phased roll-out of local content in HVDC substations. Rishi Ranjan Kala

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India plans ₹51,000 crore ship acquisition to secure energy supply chain. Rishi Ranjan Kala

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Coal India’s production for April falls 9.7%, offtake declines 2%

Read more

Expert insights:

Remember the famous song by Queen, “I Want to Break Free” ... well, it seems that is exactly what the United Arab Emirates (UAE) wanted to do from OPEC and OPEC plus – singing “...I don’t need you; I’ve got to break free!” bl explainer by Richa Mishra

Read more

Battery based energy storage systems are beset by execution and structural challenges: Richa Mishra

Read more

Podcasts:

Global energy transition is no longer about climate; it’s about economics, security, and survival. In this episode, Richa Mishra speaks with Woochong Um, CEO of the Global Energy Alliance for People and Planet, on how innovative financing models are unlocking billions for clean energy in emerging markets.

Watch here

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Published on May 7, 2026