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The Latest Breaking News from Natural Gas

ONGC bets on gas-led growth as premium pricing boosts profitability

ONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantly, meeting rising domestic demand. Projects like Daman and KG-98/2 are expected to boost gas output. ONGC is also expanding its renewable energy portfolio and seeking cost savings. The company is…

The Economic Times

Germany signs major Canadian LNG agreement amid Middle East energy fears

Canada has reached an agreement to export liquefied natural gas to Germany from a planned Pacific coast terminal, an official familiar with the matter said on Tuesday.

Euronews

India needs structural reforms, not subsidies, to shield economy from West Asia shocks: Report

India must shift from subsidy reliance during global crises to structural reforms for economic resilience. Rising geopolitical tensions highlight vulnerabilities in energy, industrial feedstocks, and supply chains. A white paper by Think Change Forum proposes a three-point agenda focusing on export competitiveness, import discipline, and trade defence. Key recommendations include…

The Economic Times

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Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US

A person familiar with the matter says Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal

AAP

Get ready for more bill rises — study warns data centers could hike power costs in some states over 50% by 2030

US energy supplies, largely made up of natural gas and coal, are under intense strain by data centers and other digital infrastructure.

TechRadar

Forecasts for Below-Normal US Temps Weigh on Nat-Gas Prices

June Nymex natural gas (NGM26 ) on Tuesday closed down -0.013 (-0.45%). Nat-gas prices on Tuesday fell to a 1-week low and settled lower amid forecasts of below-normal US weather, which will curb nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group said Tuesday that forecasts shifted...

Barchart

ONGC Q4 Results: Cons PAT jumps 46% YoY to Rs 10,820 crore, revenue up 4%

Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10,820 crore for the March-ended quarter. This growth was driven by a 4% increase in revenue from operations, reaching Rs 1,73,805 crore. The company also recommended a final dividend and approved a joint…

The Economic Times

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Current price of oil as of May 26, 2026

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

Fortune

CNG Prices hiked again today by Rs 2/kg in Delhi: Check latest rates in Noida, Gurugram, Ghaziabad and Faridabad

Compressed Natural Gas (CNG) prices in Delhi have seen another Rs 2 per kg increase, bringing the total to Rs 83.09, effective May 26, 2026. This marks the third price hike in under two weeks, with cumulative increases over the last ten days attributed to rising global energy prices and…

The Economic Times

India raises CNG prices by Rs 2/kg across key regions for fourth time in two weeks

Compressed Natural Gas prices have seen another hike in New Delhi. This is the fourth increase in just two weeks. Consumers in the National Capital Region and other cities are now paying more for CNG. Petrol and diesel prices have also risen multiple times recently. These increases are linked to…

The Economic Times

A scorching Asian summer will add to risk of surging gas prices

Global gas markets are on edge as the Strait of Hormuz remains largely closed. Traders are watching China and weather forecasts closely. Hotter summers in Asia, potentially fueled by El Niño, will increase air conditioning use. This could boost demand for liquefied natural gas, especially from China, leading to fiercer…

The Economic Times

Vessels carrying Mideast oil, LNG exit Hormuz for Pakistan, China

SINGAPORE - Two ‌liquefied natural gas tankers were exiting the Strait of Hormuz on Monday, heading to Pakistan and China, while a supertanker with Iraqi crude for China left the Gulf on Saturday after being stranded for nearly three months, shipping data showed.

Bangkok Post

It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off

NextDecade has overcome industry doubters, the sudden death of its founder, and contentious legal fights with environmental groups to soon bring Rio Grande LNG online.

Fortune

All rhetoric, no resilience: Why India is still addicted to ‘majboori’

Earlier this month, Prime Minister Narendra Modi asked Indians to rethink some of their habits. Travel abroad less, work from home when possible, reduce unnecessary imports, and buy less gold.

Newslaundry

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Barchart

Cooler US Weather Forecasts Slam Nat-Gas Prices

June Nymex natural gas (NGM26 ) on Friday closed down -0.111 (-3.68%). Nat-gas prices on Friday tumbled to a 1-week low and settled sharply lower. Forecasts for cooler US weather, which will reduce air-conditioning usage and demand for nat-gas, hammered prices on Friday. The Commodity Weather Group said Friday that...

Fortune

Current price of oil as of May 22, 2026

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

The Economic Times

We'll probably destroy it after we get it: Trump redraws red line on Iran's nukes

Supreme Leader Ayatollah Mojtaba Khamenei has, however, issued a directive that the uranium should not be sent abroad, two senior Iranian sources told Reuters before Trump's comments. Trump also railed against Tehran's intentions to charge fees for use of the Strait of Hormuz off its coast, where a fifth of…

Barchart

Forecasts for Hot US Temps Boost Nat-Gas Prices

June Nymex natural gas (NGM26 ) on Thursday closed up +0.014 (+0.47%). Nat-gas prices on Thursday settled higher, despite a bearish EIA inventory report, as forecasts for hot US weather are expected to boost nat-gas demand from electricity providers to power increased air conditioning use. The Commodity Weather Group said...

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Fortune

Current price of oil as of May 21, 2026

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

The Economic Times

Deep under China's coal basins, PetroChina is unlocking gas from rocks

China is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar initiative is set to bolster domestic natural gas production while easing its dependence on foreign imports. With PetroChina predicting vast output by 2035, this strategy could position China as…

Barchart

Nat-Gas Prices Retreat on Expectations for US Storage Levels to Build

June Nymex natural gas (NGM26 ) on Wednesday closed down -0.110 (-3.53%). Nat-gas prices on Wednesday fell from an 8-week nearest-future high and settled sharply lower. Abundant US nat-gas supplies, along with expectations that storage levels will continue to build, pressured prices on Wednesday. The consensus is that Thursday's weekly...

The Independent UK

Alaska Gov. Mike Dunleavy calls special session for gas line bill starting Thursday

Gov. Mike Dunleavy has ordered the Alaska Legislature to convene a special session on Thursday to consider a natural gas line bill

MarketBeat

Golar LNG Q1 Earnings Call Highlights

Golar LNG (NASDAQ:GLNG) reported what management described as a record quarter for LNG production in the first quarter of 2026, as its floating liquefied natural gas units delivered strong operating performance and the company advanced plans for additional growth. Chief Executive Karl Fredrik Staub

Fortune

Current price of oil as of May 20, 2026

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

The Economic Times

India's infrastructure output grows 1.7% in April; cement, steel, electricity lift core sectors

India's core infrastructure output saw a 1.7% growth in April 2026. Cement, steel, and electricity production expanded strongly. However, coal, crude oil, natural gas, refinery products, and fertilisers experienced contractions. For the full fiscal year 2025-26, cumulative growth reached 2.7%.

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