LNG

Inox India Ltd on Tuesday posted a 15 per cent rise in consolidated net profit to Rs 75.23 crore in the March quarter of FY26, supported by higher income. It had reported a net profit of Rs 65.51 crore in the same quarter a year ago, the company said in an exchange filing. During the latest January-March period, the company's total income rose to Rs 475.24 crore from Rs 382.53 crore recorded in the fourth quarter of the preceding 2024-25 financial year. INOX India Ltd is engaged in the manufacturing of cryogenic storage, re-gas and distribution systems for LNG, industrial gases and cryo-scientific applications.

Speaking at the CII Annual Summit, Union Minister Hardeep Singh Puri said India's oil companies are losing ₹1,000 crore every day and the under recovery is going to be ₹1,98,000 crore

At least nine LNG tankers that were anchored near Qatar stopped sending signals from May 11, according to ship-tracking data compiled by Bloomberg

While the potential passage may raise hopes of increased LNG exports from the region, other vessels in the Gulf appear to be remaining in place

India's Ambassador to the US Vinay Mohan Kwatra on Friday met US Energy Secretary Chris Wright and discussed the energy partnership between the two countries. Kwatra received Wright and his wife Liz at the India House here. "Honoured to host @SecretaryWright and Mrs. Wright at India House. Productive conversation on a range of subjects including the India-US energy partnership," Kwatra said in a post on X. The US is keen to cooperate with India on civil nuclear cooperation in addition to other areas, such as coal gasification and US LPG exports. India has increased its energy imports from the US over the past year amid trade pact negotiations with Washington. India is the largest buyer of US coal globally with coking coal contributing 40 per cent of the total 20 million tonnes (mt) of coal imported by New Delhi from the US in FY25. Earlier this week, GAIL (India) Limited flagged off an LNG vessel from a US terminal, signalling deeper India-US cooperation in securing cleaner fuel

International Energy Agency flags LNG supply hit from US-Iran conflict, delaying global supply growth by up to two years

In this session, Vaibhav Maloo, Managing Director, Enso Group, explains the impact of the war-led energy crisis on India. >

Importers explore cargoes from Russia and Norway as Qatar supply disruptions and geopolitical tensions force diversification and raise questions over sanctioned LNG sourcing

Government panel recommends removing excise duty on CNG and bringing natural gas under GST with full input tax credit to accelerate adoption amid energy supply concerns

The purchases mark a turnaround after Indian buyers had earlier limited spot purchases and canceled tenders because offers were too expensive

India has never publicly confirmed any such pledge and has said its buying decisions are guided by price, supply security and consumer interests

Global energy major Shell plc has ramped up natural gas supplies to India in the wake of disruptions triggered by the West Asia conflict, leveraging its global liquefied natural gas (LNG) portfolio to capture a larger share of spot and term demand, including key fertiliser sector tenders. Industry sources said Shell emerged as a leading supplier in last month's bulk LNG procurement by Indian fertiliser companies, securing a supply of 4 trillion British thermal units out of 6 TBtus volumes tendered, as the government moved to ensure feedstock availability for urea production amid constrained supplies from the Gulf. With supplies from India's largest LNG supplier in Qatar disrupted by the West Asia conflict, Shell plc's India arm stepped in, importing its largest-ever monthly LNG volumes in March, they said. Besides fertiliser, Shell India also supplied gas to other industrial users and retailers. In March, it became India's largest supplier of imported gas. Shell's ability to step u

Qatar reassures India on LNG supplies after disruptions, as government says power availability remains stable despite low dependence on gas-based generation

Oil minister visits Qatar after US-Iran ceasefire, as LNG disruptions from QatarEnergy raise concerns over India's energy supplies and gas allocation priorities

Qatar is India's single-largest supplier of both LNG and LPG, providing 45 per cent and 20 per cent respectively

The effective closure of the Strait of Hormuz - and attacks on the world's largest LNG export plant in Qatar - has throttled about a fifth of global supply, upending the gas market and lifting prices

Newer LNG terminals face viability risks as West Asia conflict cuts supplies, raises prices and weakens demand, even as India expands import capacity and dependence on overseas gas

Russia signals readiness to boost oil and LNG supplies as India faces energy stress amid West Asia conflict and rising import dependence

LNG ships have avoided Hormuz since the conflict broke out on Feb. 28, disrupting about a fifth of the world's supply of the fuel

With the West Asia crisis continuing to drive volatility in the global energy market, Russia has offered to increase supply of crude oil and natural gas to India even as the two sides agreed to further enhance the overall bilateral ties. The energy cooperation figured prominently in meetings Russia's First Deputy Prime Minister Denis Manturov held with National Security Advisor Ajit Doval and External Affairs Minister S Jaishankar on Thursday, people familiar with the matter said. Manturov also held talks with Finance Minister Nirmala Sitharaman and called on Prime Minister Narendra Modi last evening. A Russian readout of the First Deputy Prime Minister's engagements in New Delhi said special attention was accorded to bilateral cooperation in the oil and gas sector. "Denis Manturov confirmed that Russian companies have the capacity to steadily increase supplies of oil and liquefied natural gas to the Indian market," it said. The comments came as the the West Asia crisis continued