The Latest Breaking News from Natural Gas

Women-led development will add 2-3% to GDP: Petroleum Minister Hardeep Singh Puri

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Wednesday highlighted that shifting from "women-centric" to "women-led" development can significantly drive India's economic growth, will directly boost GDP growth by 2-3 per cent, as the Cabinet passed a resolution hailing Prime Minister Narendra Modi's 4,399 days in office.

The Economic Times · Jun 10

Malaysia's Petronas signs 20-year LNG supply deal with Japan's JERA

KUALA ⁠LUMPUR/TOKYO — Malaysian's ​Petronas will supply Japanese utility firm JERA ​with 2 million ‌tonnes of liquefied natural gas (LNG) per annum under a 20-year deal, the leaders of the two countries said on Wednesday.

Bangkok Post · Jun 10

Nat-Gas Prices Slip on the Outlook for Cooler US Temperatures

July Nymex natural gas (NGN26 ) on Tuesday fell -0.007 (-0.22%). Nat-gas prices settled slightly lower on Tuesday but remained above Monday’s 1.5-week low. Forecasts of cooler US weather, which will reduce demand for air conditioning, are weighing on nat-gas prices. Forecaster Vaisala said cooler-than-normal temperatures are forecast across the...

Barchart · Jun 9

Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum Ministry

The Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid in advanced economies such as the United States, Australia and Canada, the Ministry of Petroleum and Natural Gas said on Sunday, noting that a beneficiary of the…

The Economic Times · Jun 7

'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?

Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a significant step in India's "Samudra Manthan Mission." This find strengthens the belief in the Andaman Basin's hydrocarbon potential, though commercial production is estimated to be a decade…

The Economic Times · Jun 6

Nat-Gas Prices Retreat on Abundant US Supplies

July Nymex natural gas (NGN26 ) on Friday fell -0.107 (-3.21%). Nat-gas prices retreated on Friday amid abundant US stockpiles and reduced flows to export terminals, which will further boost US domestic supplies. As of May 29, nat-gas inventories were +5.7% above their 5-year seasonal average, signaling adequate nat-gas supplies....

Barchart · Jun 5

Current price of oil as of June 5, 2026

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

Fortune · Jun 5

Pakistan buys costliest LNG cargo in four years as Hormuz disruption triggers energy crunch

Pakistan purchased its most expensive liquefied natural gas (LNG) shipment in approximately four years as it contends with an energy shortage stemming from the Strait of Hormuz closure.

The Times of India · Jun 5

Oil India reports natural gas presence in second Andaman offshore well

Oil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block to confirm hydrocarbon presence. The discovery is a positive indicator for future exploration in the area. OIL is currently processing seismic data for further appraisal…

The Economic Times · Jun 5

West Asia crisis: Why India needs a fertiliser security strategy

India’s fertiliser security is deeply tied to global supply chains. The country imports 60% of its DAP requirement, remains fully dependent on imported potash, and even domestic urea production relies heavily on imported liquefied natural gas.

The Economic Times · Jun 5