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The Latest Breaking News from Natural Gas

From Hormuz shock to energy security: How Reliance kept India's fuel lifeline intact

Reliance Petrochemicals, Reliance Oil Business, AGM 2026: Reliance Industries ensured energy security during a West Asian conflict. The company redirected domestic natural gas to critical sectors. It also increased LPG supplies fourfold. This action bridged import disruptions and maintained cooking fuel availability nationwide. Reliance's oil and gas business showed strong…

The Economic Times

Smaller-Than-Expected Weekly Storage Increase Lifts Nat-Gas Prices

Smaller-Than-Expected Weekly Storage Increase Lifts Nat-Gas Prices

July Nymex natural gas (NGN26 ) on Thursday closed up +0.088 (+2.80%). Nat-gas prices settled sharply higher on Thursday on a smaller-than-expected increase in weekly storage levels. The EIA reported on Thursday that nat-gas inventories rose +73 bcf in the week ended June 12, below expectations of +80 bcf. Forecasts...

Japan is launching a world-first Hydrogen power engine, and it could change energy forever

Japan is launching a world-first Hydrogen power engine, and it could change energy forever

Japan's latest energy breakthrough could make the path to cleaner power much easier than many expected. Instead of replacing existing systems, this new hydrogen engine works with current infrastructure while reducing carbon emissions. The innovation shows how practical hydrogen technology is moving from concept to reality. It marks an important…

The Economic Times

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Government may lift fuel-supply safeguards once West Asia crisis abates: Official

India plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia conflicts. An interim agreement between the US and Iran could normalize shipping through the Strait of Hormuz. This will significantly benefit India, a major energy importer. The government…

The Economic Times

Current price of oil as of June 18, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Nat-Gas Prices Fall on Storm Threat to US LNG Exports

July Nymex natural gas (NGN26 ) on Wednesday closed down -0.094 (-2.90%). Nat-gas prices fell from a 1.5-week high on Wednesday and settled lower on concerns that a tropical cyclone along the US Gulf coast could disrupt LNG export shipments and boost domestic nat-gas supplies. Tropical storm Arthur, the first...

Trump administration to pay $765M to cancel more offshore wind leases

This strategy by the Republican administration aims to impede offshore wind farm development

The Independent UK

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Current price of oil as of June 17, 2026

Current price of oil as of June 17, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Natural gas prices rebound as inventories tighten, LNG exports rise: Motilal Oswal

Natural gas prices rebound as inventories tighten, LNG exports rise: Motilal Oswal

Natural gas prices are climbing back up. This recovery is driven by lower stored gas, increased power sector use, and more US liquefied natural gas exports. Future growth is expected as new export facilities come online. Data centers are also becoming a new source of demand. The market is seeing…

The Economic Times

Gas imports are politically explosive – yet NZ gets little bang for its buck

Gas imports are politically explosive – yet NZ gets little bang for its buck

Amid longstanding calls for bipartisan agreement on major infrastructure projects, there are now headlines about Labour and the Greens backing the Government’s response to the National Infrastructure Plan. Except … this support comes with some big caveats around the proposed liquefied natural gas import terminal, which Cabinet has exempted from going…

In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data center

The Trump administration is helping one of Elon Musk's companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a $20 billion data center in Mississippi

AI Boom Drives Fast-Tracked Approval of Natural Gas Powerplants With Little Oversight: Report

AI Boom Drives Fast-Tracked Approval of Natural Gas Powerplants With Little Oversight: Report

An investigation found that dozens of large natural gas power plants designed exclusively for data centers are moving through permitting processes at unprecedented speed.

International Business Times

Nat-Gas Prices Rally on Forecasts for Hotter US Weather

Nat-Gas Prices Rally on Forecasts for Hotter US Weather

July Nymex natural gas (NGN26 ) on Tuesday closed up +0.092 (+2.92%). Nat-gas prices rallied to a 1-week high on Tuesday and settled sharply higher as US weather forecasts turned hotter, potentially boosting nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group on Tuesday said forecasts shifted...

Current price of oil as of June 16, 2026

Current price of oil as of June 16, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

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The Economic Times

Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: Analysts

Energy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening of the Strait of Hormuz are key factors. However, analysts warn of continued volatility due to supply disruptions and low inventories. India's energy security and import costs are expected to…

The Economic Times

Qatar plans to rapidly restart LNG production after Hormuz opens

Qatar plans to quickly ramp up liquefied natural gas production to nearly full capacity within two months of the Strait of Hormuz reopening. QatarEnergy expects to reach 50% output a month after safe passage is restored, with the remaining capacity to take years to fully recover from recent damage.

Evening Standard

UK unveils new sanctions on Russian shadow fleet as Starmer attends G7

The announcement will bring the number of sanctioned shadow fleet and Russian liquefied natural gas vessels to more than 600.

The Economic Times

Inpex shuts one LNG train at Australian Ichthys plant due to strike

Japan's Inpex has halted one of two liquefied natural gas production trains at its Ichthys plant in Australia. This closure follows a strike by workers. The disruption is expected to affect exports. Global LNG supplies are already constrained. Japanese utilities are major buyers from the Ichthys project.

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Nat-Gas Prices Rebound as LNG Exports Expand

July Nymex natural gas (NGN26 ) on Monday closed +0.027 (+0.87%). Nat-gas prices on Monday recovered from a 2.5-week low and settled higher. Short covering emerged on Monday amid signs of a rebound in US nat-gas exports, signaling strong foreign demand that could shrink domestic supplies. Nat gas flows to...

Current price of oil as of June 15, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

The Economic Times

Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce deal

A "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil imports. This normalization is expected to lower freight costs, ease inflationary pressures, and stabilize global energy markets, benefiting key sectors and policymakers.

The Economic Times

Indian LNG tanker crosses Strait of Hormuz as US-Iran deal lifts reopening hopes

An LNG tanker has successfully navigated the Strait of Hormuz. This marks a significant step following a peace agreement between the United States and Iran. The waterway's reopening is crucial for global energy supplies. India, a major importer, anticipates relief. Traders and shipowners are closely monitoring the situation for a…

The Independent UK

How the EU is still funding Putin’s war machine with imports of gas

As Ukrainian attacks on Russian oil and European sanctions batter Moscow’s economy, EU imports of Russian liquefied natural gas are still providing Russia with a boost

Nat-Gas Prices Recover on Strong LNG Shipments

July Nymex natural gas (NGN26 ) on Friday rose +0.033 (+1.07%). Nat-gas prices on Friday rallied +1.07%, overcoming part of Thursday’s sharp sell-off of -3.08% that was sparked by news that EIA nat-gas inventories rose by +108 bcf the week ended June 5, above expectations of +100 bcf. Nat-gas prices...

International Business Times

Solar energy Generates More Electricity Than Coal in The U.S. for First Time Ever

Once the dominant source of U.S. electricity, coal has steadily lost market share due to competition from cheaper natural gas, renewable energy expansion, aging power plants, and environmental regulations.

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