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The Latest Breaking News from Natural Gas

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...

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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.

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.

The Economic Times

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.

Evening Standard

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

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.

The Economic Times

Nat-Gas Prices Rebound as LNG Exports Expand

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

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.

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

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

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 Economic Times

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

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

The Independent UK

Nat-Gas Prices Recover on Strong LNG Shipments

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...

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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.

ERock IPO: A $1.3B Power Play Solution

ERock delivers deployable off-grid natural gas generation systems, helping tech giants bypass grid delays to instantly power artificial intelligence networks.

The Economic Times

CIC pulls up PNGRB over RTI reply on safety, inspections of IGL pipeline work

The Central Information Commission has criticized the Petroleum and Natural Gas Regulatory Board. This is for not properly answering a Right to Information request. The request sought details on safety measures for gas pipeline work by Indraprastha Gas Limited. The Commission ordered the regulator to provide a better response.

Current price of oil as of June 12, 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

Iran war puts Bangladesh’s nascent industrial dreams at risk

Bangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts from the Middle East conflict, leading to increased energy costs and power rationing. Businesses are investing in renewables and exploring domestic gas, but immediate challenges persist.

Nat-Gas Prices Tumble as Weekly Inventories Surge

July Nymex natural gas (NGN26 ) on Thursday fell -0.098 (-3.08%). Nat-gas prices tumbled to a 2-week low on Thursday and settled sharply lower after weekly US nat-gas supplies rose more than expected. EIA nat-gas inventories rose by +108 bcf the week ended June 5, above expectations of +100 bcf...

The Conversation

How Taiwan is balancing between American and Chinese visions of energy dominance

U.S. President Donald Trump’s declaration of a national energy emergency on his first day back in office framed fossil fuel production as a geopolitical weapon. “Energy dominance” — flooding global markets with American oil and liquefied natural gas (LNG) — would reassert American power, undercut China’s clean-technology leverage and discipline…

Current price of oil as of June 11, 2026

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

Nat-Gas Prices Recover as US Weather Forecasts Turn Hotter

July Nymex natural gas (NGN26 ) on Wednesday rose +0.045 (+1.43%). Nat-gas prices recovered from a 1.5-week low on Wednesday and settled higher as short covering emerged following forecasts for hotter US weather later this month. Forecaster Vaisala on Wednesday said forecasts shifted warmer in the Midwest and above-normal for...

Current price of oil as of June 10, 2026

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

The Economic Times

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.

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