Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Politico: Oops! Experts (and Us) Wrong on Higher Gas Prices
Ooops! What we predicted about higher gas prices a couple of months ago... Never mind! On April 28, Politico White House reporter Scott Waldman along with his sidekick, Eli Stokols, were confidently citing experts who predicted a big surge in…
Southwest Gas Holdings, Inc. (SWX) Stock Forecasts
Holding Pattern: Our Monthly Survey of the Economy, Interest Rates, and Stocks Stocks ended the month of June doing something they have not done much of lately, and that is doing not much. The S&P 500 reached its all-time closing high of 7,610 on…
Analysts Expect 81 Billion-Cubic-Foot Build in U.S. Natural Gas Inventories
U.S. natural gas inventories likely increased by more than usual last week, raising the surplus over the five-year average to its highest level since mid-January, according to a Wall Street Journal survey. Net injections into underground storage…
Trump scapegoats gas companies for price hikes caused by his Iran War
On Monday, President Donald Trump renewed his threats to the oil and gas industry, telling gasoline retailers they 'must get their Prices down, IMMEDIATELY!' to around $2.50 per gallon. The president first threatened the 'big Oil Companies' last…
Gov't Launches Special Inspection of 1,000 Gas Stations after Price Caps Reduced
A joint government team has launched a special inspection of around one-thousand gas stations amid concerns over illegal fuel distribution and market disruption following a recent reduction in the price caps on petroleum products. The Ministry of…
TotalEnergies (TTE) to Acquire 10% Stake in Bab Gas Cap Concession in Abu Dhabi
TotalEnergies SE (NYSE: TTE) is one of the 10 integrated oil and gas companies to invest in according to hedge funds. On June 24, TotalEnergies SE (NYSE:TTE) agreed to a 10% interest in the Bab Gas Cap Concession based in Abu Dhabi. ADNOC, which…
Labor's reservation scheme won't get the cheaper gas we want
The federal government is consulting on a gas reservation scheme it hopes will ensure that people in this gas-rich country can get the gas they need at an affordable price. The draft design will not deliver this objective in the way the government…
Scottish oil and gas firm in sights of persistent suitor
Capricorn told investors that the Takeover Panel had agreed that the relevant put up or shup up (PUSU) deadline should be extended from 5pm yesterday to the same time on July 29. A takeover of Capricorn would give Alamdiyaf al-Masiyah control of a…
Ecopetrol S.A. (EC) is One of the Best Integrated Oil and Gas Companies According to Hedge Funds
Ecopetrol S.A. (NYSE: EC) is one of the 10 integrated oil and gas companies to invest in according to hedge funds. Back on May 26, Ecopetrol S.A. (NYSE:EC) reported that Ecopetrol Investimentos do Brasil LTDA, the company's Brazilian subsidiary…
Occidental Petroleum (OXY) is Amongst the Most Favored Integrated Oil and Gas Stocks by Hedge Funds
Occidental Petroleum Corp. (NYSE: OXY) is one of the 10 integrated oil and gas companies to invest in according to hedge funds. On June 8, Occidental Petroleum Corp. (NYSE:OXY) received approval from Trinidad and Tobago to join ExxonMobil in an…
Unmarked gas line struck before deadly Dallas apartment explosion, initial NTSB report reveals
Federal officials have released an initial report on the deadly apartment explosion in Dallas' Oak Cliff neighborhood late last month. A footnote included in the report says the gas line that was hit by a contractor crew wasn't marked. The initial…
TMK Energy boosts Mongolian gas flows as new drill program looms
TMK Energy's plan to pioneer Mongolia's first major coal seam gas project has kicked up a gear, posting an eight per cent jump in average daily gas production for June. The company has now locked in an August start for a new drilling and workover…
Stokes says gas 'nationalisation' will destroy energy supply
One of the nation's big energy users and producers, Ryan Stokes, says Labor's proposed 20 per cent domestic gas reservation will wipe out small energy companies and subsidise multinational manufacturers that are neglecting Australia's long-term…
Amazon Prime's 50-cent-per-gallon gas discount starts July 2. Here's how to maximize it
Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. This commission may impact how and where certain products appear on this site (including, for example, the order in…
Trump promises Philadelphia gas discounts ahead of July 4, claims oil prices are 'plummeting
President Donald Trump on Wednesday announced that fuel prices will be lowered at select gas stations in the Philadelphia area just ahead of the Fourth of July holiday, as he boasted that oil and gas prices are dropping. On Friday, Freedom Fuel…
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