Gas Industry News

A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

dawn.com - Khaleeq Kiani - Gas force majeure hits Punjab
Gas force majeure hits Punjab
Dawn

ISLAMABAD: Amid hot and humid weather, Sui Northern Gas Pipelines Ltd (SNGPL) has declared force majeure — a legal term that absolves contractual liability — for its inability to supply regasified liquefied natural gas (RLNG) for…

wsj.com - U.S. Natural Gas Futures Held Back By Adequate Supply
U.S. Natural Gas Futures Held Back By Adequate Supply
Wall Street Journal

0940 ET – U.S. natural gas futures are lower, with ample supply and above-average storage keeping weather-driven rally attempts at bay. Bank of America Global Research raises its Henry Hub price forecast for 2H to $3.80/mmBtu from…

swissinfo.ch - swissinfo.ch - European gas reserves low but not yet critical
European gas reserves low but not yet critical
www.swissinfo.ch

“European gas storage levels are very low, and they are likely to remain low as we head into winter,” Andy Sommer of the Swiss energy group Axpo told the AWP news agency. He estimates they will rise to 70% to 75% by the late autumn…

bloomberg.com - Rakesh Sharma - India's Wartime Buying Spree Leaves Behind a Cooking Gas Surplus
India's Wartime Buying Spree Leaves Behind a Cooking Gas Surplus
Bloomberg

India's frenzied efforts to counter disruptions in cooking gas supplies over the past months, while cargoes remained trapped in the Persian Gulf, has left state-run fuel retailers with the opposite problem — more than they can sell. The…

bbc.co.uk - James Cook - Jackdaw boss warns of winter fuel shortages if gas field not approved
Jackdaw boss warns of winter fuel shortages if gas field not approved
BBC

The owners of the Jackdaw gas platform in the North Sea say it is 'hyper critical' that the UK government approves production to avoid the risk of domestic supply shortages this winter. Speaking to BBC News at the field 150 miles east of Aberdeen…

cbsnews.com - Megan  Cerullo - The White House announces the first Freedom Fuel gas station, selling gas at $3.47 a gallon
The White House announces the first Freedom Fuel gas station, selling gas at $3.47 a gallon
CBS News

The White House announced the first 'Freedom Fuel' gas station, which it says is selling gas at a below-market rate of $3.47 a gallon. In a post on social media platform X on Tuesday, the White House announced that the first Freedom Fuel location…

bloomberg.com - Petra Sorge - Germany Proposes Consumer Levy to Fund Emergency Gas Reserve
Germany Proposes Consumer Levy to Fund Emergency Gas Reserve
Bloomberg

The German government has proposed adding a surcharge to consumer energy bills to help finance a strategic natural gas reserve designed to keep supplies flowing in a worst-case crisis. The cost would be passed on to consumers through a levy of…

afr.com - Ryan Cropp - Show us gas reservation modelling: BCA
Show us gas reservation modelling: BCA
Australian Financial Review

Australia's top business group has demanded the Albanese government release modelling supporting the design of its proposed domestic gas reservation policy as uncertainty over the final details of the scheme rattles the industry. The federal…

rediff.com - Rediff News - 3,000 gas cylinders swept away into river amid floods
3,000 gas cylinders swept away into river amid floods
Rediff.com

Torrential rainfall and severe flooding in the Khalapur area of Raigad district have triggered a major industrial emergency, with approximately 3,000 gas cylinders from an HPCL bottling plant being swept away into the Patalganga River, officials…

bloomberg.com - Ewa Krukowska - EU Plans 2040 Electrification Target to Cut Oil, Gas Consumption
EU Plans 2040 Electrification Target to Cut Oil, Gas Consumption
Bloomberg

The European Union wants to propose an electrification goal for the next decade as part of a plan to strengthen the local market for clean technologies and help shift the bloc away from fossil fuels. The European Commission, the bloc's regulatory…

fastcompany.com - Michael Grothaus - Freedom Fuel: Network of low-priced gas stations opening this week. Here's the full list of locations
Freedom Fuel: Network of low-priced gas stations opening this week. Here's the full list of locations
Fast Company

This week, the White House announced the opening of the first “Freedom Fuel” gas station. The gas station chain loosely ties the price of a gallon of gas to President Trump's presidential number “47.” Here's what you…

newsweek.com - Andrew Stanton - Map shows gas prices in each state as Iran ceasefire ends
Map shows gas prices in each state as Iran ceasefire ends
Newsweek

Gas prices rose across the country Wednesday after President Donald Trump said he views the Iran war ceasefire as “over” and tensions in the Strait of Hormuz, a critical passageway for the global oil supply, strained. When the war…

bloomberg.com - Baudelaire Mieu - World Bank Grants Ivory Coast $875 Million Loan, Signs Gas Pact
World Bank Grants Ivory Coast $875 Million Loan, Signs Gas Pact
Bloomberg

The World Bank approved an $875 million loan for Ivory Coast to support economic growth and job creation, and signed an interim deal with Eni SpA 's local unit and the West African nation to provide technical assistance for its burgeoning gas…

bloomberg.com - Priscila Azevedo Rocha - European Gas Edges Lower as Traders Assess Middle East Flare-Up
European Gas Edges Lower as Traders Assess Middle East Flare-Up
Bloomberg

European natural gas prices edged lower as traders evaluate the region's supply picture after fresh hostilities between the US and Iran. Benchmark futures declined as much as 2.3% after rising during the previous two sessions. Prices are still near…

theguardian.com - Guardian staff reporter - Ukraine war briefing: Russia bans diesel exports as refinery attacks ⁠trigger gas shortages and price spikes
Ukraine war briefing: Russia bans diesel exports as refinery attacks ⁠trigger gas shortages and price spikes
The Guardian

Russia introduced a ban on diesel exports on Wednesday as part of a raft of measures to support the domestic fuel market after systematic Ukrainian drone attacks on oil refineries ⁠triggered gasoline shortages and price spikes. Drivers…

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