Lng

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.

India has 60 days of crude, LNG, 45 days of LPG, no supply issues: Puri

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

Qatar asks LNG ships to go dark near export hub over security concerns

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

First LNG shipment exits Hormuz since war began, easing supply concerns

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

Indian envoy Kwatra meets US energy secretary, discusses energy partnership

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

IEA reduces outlook for global LNG supply growth amid Iran-US war

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

How the energy crisis amid the West Asia tensions has hurt India

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

India spreads LNG supply basket to Africa, barred Russian projects

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

Govt panel seeks excise duty removal on CNG, GST inclusion for gas boost

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

Domestic LNG importers scoop up spot shipments after prices recede

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

Russian LNG under US sanctions heads for the first time to India

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