Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why gas prices are soaring after Qatar attack
A major gas field in Qatar has been hit by missile attacks, causing 'extensive damage', the country's state-run energy firm has said. The Iranian strikes follow reports that Israel hit a petrochemical complex in Iran. The attack on Qatar's Ras…
Gas prices soar as Shell plant damaged in attack on Qatar energy site
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Gas prices have soared to a three-year high and oil…
What is the South Pars gas field in Iran threatened by Trump?
“NO MORE ATTACKS WILL BE MADE BY ISRAEL pertaining to this extremely important and valuable South Pars Field unless Iran unwisely decides to attack a very innocent, in this case, Qatar – In which instance the United States of America…
'Doomsday scenario': a visual guide to the oil and gas site attacks in the Middle East
The escalating attacks on key oil and gas projects in the Middle East are expected to fuel a new phase of the ongoing conflict, with profound consequences for the world's energy supplies and the global economy. The Iran regime has vowed to target a…
US gas prices rapidly approaching $4 average
Gas prices continued their climb on Thursday, creeping closer to a nationwide average of $4 per gallon—a level not seen since 2022, when the Russian invasion of Ukraine and the COVID-19 pandemic disrupted global oil supplies. The nationwide…
Trump threatens 'destruction' of Iran gas field as oils prices spike
Donald Trump threatened to 'massively blow up the entirety' of Iran 's South Pars gas field after Israel 'lashed out in anger' amid escalating attacks in the Middle East. Trump's devastating threat came after Israel attacked the Iranian gas field…
Iran launches retaliation attacks on oil and gas facilities - latest updates
Iranian missiles have struck several locations in Gulf countries. Qatar condemned Iran's 'brazen' missile attack on its Ras Laffan gas facility, which the state energy company said caused 'extensive damage'. Meanwhile, explosions have been reported…
Will Trump's moves to bring down gas prices actually work?
The Trump administration has rolled out a slew of policies aimed at bringing down rising gasoline prices amid the war with Iran, but experts say they're unlikely to have much of an effect. Analysts who spoke with The Hill said that the only way to…
Iran war: Ceramics hub in India's Morbi shuts by gas shortage
Most factories in Morbi, India's ceramics hub in the western state of Gujarat, have shut down for nearly a month due to gas shortages triggered by the Iran war, according to the local manufacturers' association. Morbi produces about 80% of India's…
Weeks of War Are Reshaping the Global Gas Market for Years to Come
Each week the world's largest liquefied natural gas plant remains shut, the world loses the equivalent of enough energy to power Sydney's homes for an entire year. Qatar's Ras Laffan plant closed earlier this month after an Iranian drone attack…
Oil, natural gas costs soar amid strikes on Gulf energy infastructure
March 19 (UPI) -- Global oil and gas prices surged on Thursday after Israel attacked Iranian sections of the South Pars field, the largest natural gas field in the world, and retaliatory strikes by Tehran on Qatar's state-owned Ras Laffan…
Iran threatens strikes on oil and gas targets after South Pars gas field hit
The Iranian government threatened to strike oil and gas facilities in Qatar, Saudi Arabia and the United Arab Emirates (UAE) on Wednesday, in response to an attack on its South Pars natural gas field. Iranian state media warned the country would…
LIVE: Trump threatens to 'massively blow up' Iran gas field
Donald Trump has threatened to 'massively blow up' a major Iranian gas field at the centre of a major escalation in the US-Israel war with Iran. In an explosive Truth Social post, Trump claimed the US had no knowledge of an attack on the South Pars…
Oil and gas prices jump after Iran and Israel attack gasfields
Gas prices jumped and oil prices rose again after an escalation of attacks by Israel and Iran on gasfields heightened fears of prolonged disruption to international energy supplies. Brent crude, the global oil benchmark, rose by 8% to $116 a…
Gas Price jump, Rates On Hold, More
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
Receive a Daily briefing on Gas Industry News
Get Started