Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Russia's Gas Industry Is Dying a Slow But Occasionally Explosive Death
Before 2022, Gazprom's gas pipelines were an instrument of political influence over Europe, as well as one of the pillars of the federal budget. Today, according to available estimates, that model has been dismantled irreversibly, while attempts to…
Applied Computing wants to give oil and gas operators an AI model for the entire plant
Applied Computing, a London-based startup that's building a foundation AI model for the oil, gas and petrochemical industry, has raised a $20 million Series A led by engineering giant KBR, with Databricks Ventures participating. Founded in 2023…
Businessmen behind 'Freedom Fuel' gas stations revealed
The businessmen behind the “Freedom Fuel” network, the chain of discount gas stations heavily promoted by the Trump administration, have been identified after questions loomed over who was financing the initiative and whether taxpayer…
Who qualifies for the bigger IRS tax break on gas - and how to get the most of it
The IRS is going to let certain drivers write off even more of their fuel expenses as gas prices rise again. The Internal Revenue Service had already established how much businesses and self-employed taxpayers could deduct on their 2026 driving…
Puerto Rico's Energy Future: Is Gas the Only Option?
For much of the U.S., a power outage is an occasional inconvenience. In Puerto Rico, however, it has become part of daily life. Blackouts happen almost every day, leaving refrigerators full of spoiled food, fans off despite the heat and businesses…
Utilities Shares Fall Amid Declining Natural Gas Prices -- Utilities Roundup
Stocks in the utilities sector fell amid weak natural gas prices despite high temperatures boosting demand for cooling. The U.S. power sector has been using less natural gas amid an increasing supply of renewables, according to NatGasWeather.com.
U.S. Natural Gas Futures Edge Down in Early Trading
0950 ET – U.S. natural gas futures are modestly lower as soft LNG feedgas flows due to terminal maintenance partially offset demand to meet summer cooling needs. Demand remains strong in the coming days due to high pressure over much of the…
Kalshi traders see gas prices crossing $4 by end of July
Kalshi traders now see nearly a 88% chance that gas prices will go above $4 per gallon and 63% that it will go over $4.10. The highest national gas price average this year was on May 21 with $4.56. Traders on Kalshi see extremely low odds, less…
Why US Gas Is Shrugging Off Record Heat
This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, reporter Julian Hast explores why heat-related power demand in the US may not be a boon for natural gas this summer. A series of US…
GOP's Bruce Blakeman slams NY gas stove ban as 'green energy scam' that's crushing construction industry
New York's gas stove ban is burning developers! Republican gubernatorial candidate Bruce Blakeman put the heat on Gov. Kathy Hochul Wednesday— slamming a state law banning natural gas as a “green energy scam” that's thwarting…
Viper Energy (VNOM) Completes Riverbend Oil and Gas IX Acquisition
Viper Energy Inc. (NASDAQ: VNOM) is one of the 10 oversold NASDAQ stocks to invest in right now. On July 1, Viper Energy Inc. (NASDAQ:VNOM) announced that it had concluded the acquisition of Riverbend Oil and Gas IX. Viper paid roughly $337 million…
Elon Musk's latest $1 billion purchase isn't AI chips - it's gas turbines
When most AI companies need more computing power, they buy more Nvidia chips. But according to federal regulatory filings, Musk has acquired mobile power plant specialist APR Energy in a deal valued at roughly $1 billion. On the surface, purchasing…
The 3rd Option: How Renewable Fuel Could Shake Up the EV vs Gas Debate
For years, the conversation around clean transportation has felt binary: you either stick with a traditional gasoline car and accept its carbon footprint, or you buy an electric vehicle (EV). But a quiet revolution is taking shape, one that could…
Inside The Race To Fix America's Gas Pipelines Amid AI Center Boom
Beneath the hills of Appalachia lies the nation's largest natural gas-producing basin, yet many of the pipelines needed to move this vital resource are operating near capacity. Meanwhile, demand for electricity is growing faster than it has in…
Nation's biggest public utility just doubled down on coal, gas, and nuclear
Get your news from a source that's not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. For the past four…
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