LPG

STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (“Dorian” or the “Company”), a leading owner and operator of modern very large gas carriers (“VLGCs”), today announced that it entered into an agreement with Hanwha Ocean to build three 90,000 cbm dual-fuel Panamax VLGCs for delivery in June, September, and December of 2030 for a total price of approximately $345 million. The new VLGCs feature dual-fuel engines capable of operating on LPG and conventional low-sulphur fuels, as well a.

It's likely enough to keep oil in the high $70s to low $80s for the rest of the year – but there's very little room for error, according to experts.

Midstream MLPs and corporations generally posted strong second-quarter earnings, benefiting from record volume throughput, strong margins, and robust demand for natural gas and natural gas liquids (NGL) exports. Companies also demonstrated the defensive nature of their fee-based cash flows.

India's state fuel retailers' revenue loss on the sale of ​liquefied petroleum gas (LPG), mainly used as ‌cooking fuel, has narrowed to 188 rupees ($1.97) per 14.2-kilogram cylinder in August, junior oil minister ​Suresh Gopi said on Monday.

STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern and ECO very large gas carriers (“VLGCs”), will issue a news release on Wednesday, August 5, 2026 prior to the market open, announcing its financial results for the first quarter ended June 30, 2026. The Company also announced that it completed the sale of its 2015-built VLGC Constellation on July 27, 2026, generating cash proceeds of approximately $87.3 million.

India's top refiner, Indian Oil Corp (IOC) , is looking to acquire a 50% stake in ​very large gas carriers (VLGCs), according to a tender ‌document, as it prepares to increase imports of liquefied petroleum gas (LPG) from the United States.

Dorian LPG offers clean exposure to the LPG shipping cycle, with a modern fleet and strong spot market leverage. LPG is capitalizing on elevated freight rates, strategic vessel sales at large premiums to book, and robust cash returns, including a $1 special dividend. Shares now trade near adjusted NAV, limiting asset-value protection; current valuation reflects unusually favorable market disruptions.

As we cross the halfway mark of 2026, the energy space has already experienced a dramatic shift in the macro landscape. Supply disruptions in the Middle East turned a looming oil supply glut into a severe shortage with depleted global inventories, benefiting U.S. energy companies across the value chain.

Dorian LPG benefits from elevated dayrates due to rerouted shipping away from the Middle East, significantly boosting earnings. Current FWD P/E valuation is just 6.59x, suggesting shares remain attractively priced despite recent gains. I expect high rates to persist as global supply chains adapt, supporting continued strong cash generation for LPG.

STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern and ECO very large gas carriers ("VLGCs"), today announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company's common stock, returning approximately $42.8 million of capital to shareholders. The irregular dividend is payable on or about August 12, 2026 to all shareholders of record as of the close of business on.