Lng

Welspun Corp gains 4% in weak market, zooms 129% in 6 months; here's why

Welspun Corp announced receipt of fresh large orders worth ₹1,400 crore for supply of pipes for oil & gas export projects, from its India facility.

India better prepared to handle Strait of Hormuz disruption this time

India has secured crude oil and LPG supplies for the near term, limiting the immediate impact of the renewed Strait of Hormuz closure, though prices are expected to rise

LNG emerged as a reliable source of energy security amid West Asia war

Senior industry officials say that New Delhi is ignoring a cleaner burning fuel, which offered more supply security during the war compared to crude oil and LPG

Govt withdraws emergency gas curbs as LNG supplies normalise after crisis

The government has withdrawn most provisions of the emergency natural gas supply regulation order imposed during the West Asia conflict after liquefied natural gas (LNG) shipments through the Strait of Hormuz resumed following a ceasefire. In a notification issued on Saturday, the Ministry of Petroleum and Natural Gas amended the Natural Gas (Supply Regulation) Order, 2026, omitting key operational provisions, which led to all domestically produced natural gas and imported LNG to be sold as per a new priority customer list drawn by the government. The original order, issued on March 9 under the Essential Commodities Act, was brought in after the conflict in West Asia disrupted LNG shipments through the Strait of Hormuz, with suppliers invoking force majeure and diverting cargoes to priority consumers. The ministry said the situation has since improved, with a ceasefire in place, negotiations underway and maritime traffic through the Strait of Hormuz resuming. The gas supply curbs w

Global LNG demand to rise 65% by 2050 as Asia drives growth: Shell

The energy major expects demand to approach 700 million tonnes annually, supported by Asia's transition away from coal and rising electricity needs from data centres

Qatar brings more LNG tankers through Strait of Hormuz as exports rise

Qatar halted output early in the conflict between the US and Iran after attacks on its vast liquefaction facilities and the closure of the strait, which blocked its route to international markets

Oil keeps flowing through Strait of Hormuz despite Iran saying it's shut

Oil tankers continued transiting Hormuz via Oman's coast despite Iran claiming the strait was shut, underscoring conflicting US-Iran narratives

Qatar plans to rapidly boost LNG production after Strait of Hormuz opens

Qatar plans to restore most of its LNG export capacity within two months of Hormuz reopening, easing pressure on global gas markets

US, Iran sign peace MoU to end 108-day war; Hormuz hopes set sail

Energy supplies via the Strait to resume slowly after formal deal on Friday

Indian LNG tanker heads toward Hormuz as peace deal lifts reopening hopes

The LNG carrier, under a long-term charter with an Indian state-owned importer, is heading into the eastern arm of Hormuz, toward the Gulf of Oman, according to ship-tracking data

India boosts LNG buying to meet fertiliser, power demand amid supply woes

The buying will help meet requirements from fertilizer producers, which use gas as a feedstock and are ramping up output ahead of the planting season

Fuelling the new normal: The high cost of insulating India's fuel users

India is bearing a high cost to insulate motorists, kitchens and flyers from large-scale disruptions in fuel supply

An LNG glut is on its way despite disruption from West Asia conflict

The world's largest LNG plant is idled and Qatar says repairing it will take at least three years. And yet, the contours of a long-term surplus are already starting to emerge

Coal Ministry to hold roadshow for gasification projects on May 28

The Coal Ministry will host a roadshow in New Delhi to promote coal and lignite gasification projects under the Centre's Rs 37,500-crore incentive scheme

Canada, Germany sign LNG deal as Carney looks to diversify from US

Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal, an official familiar with the matter said on Tuesday. The official confirmed Canada will sign the agreement with Germany's SEFE group, which stands for Securing Energy for Europe, from the proposed KSI Lisims export facility on the coast of British Columbia. The official spoke on condition of anonymity as they were not authorised to speak ahead of Wednesday's announcement. The official said up to 1 million metric tons (1.1 million US tons) of liquefied natural gas per year will be exported. Prime Minister Mark Carney has set a goal to double non-US trade in a decade. Oil and gas-rich Canada exports almost all of energy oil and gas to the US currently. British Columbia Premier David Eby said earlier on Tuesday a deal to supply Canadian liquefied natural gas to Germany would be a key step toward the partners behind the Ksi Lisims project deciding to go ahead with their USD ...

As Strait of Hormuz fears grow, Canada makes an energy pitch to India

With conflict in West Asia raising concerns over energy security, Canada's High Commissioner to India, Chris Cooter, says new export infrastructure could help channel oil, LNG & LPG supplies to India

Russia expands LNG dark fleet with four tankers to ramp up Arctic exports

The developments mean that there are now at least 20 tankers being used to ferry LNG from sanctioned Russian projects

Modi's UAE visit secures $5 bn investments, key energy and defence pacts

India and the UAE signed multiple agreements on energy, defence, shipbuilding and AI cooperation, alongside investment commitments worth $5 billion

Best of BS Opinion: Time to treat gold as a structural factor in economy

Today's BS Opinion wrap looks at gold imports and forex pressures, judicial infrastructure gaps, financing the Viksit Bharat dream, coal gasification, and Japan's wartime history

Inox India Q4 result: Net profit rises 15% to ₹75 crore on higher income

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.