Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
National Gas plans hydrogen pipe from Teesside to the Midlands
Tom BurgessNorth East and Cumbria National Gas has announced plans for a 300-mile hydrogen pipeline along the east coast of England. It will run through Teesside, Yorkshire and the Humber and into the East Midlands. The underground hydrogen…
Iran war 'forces' 5% increase in Channel Islands gas prices
Gas customers in Jersey and Guernsey will see their bills go up five per cent, the Channel Island gas provider has said. The Islands Energy Group - which operates as Island Energy in Jersey and Guernsey Energy in Guernsey - said it was a temporary…
Nat Gas (NG1:COM): Market Weakens Below $2.92 As War-Driven Volatility Hits Gas Outlook
Persistent selling above $3.25 indicates distribution, not accumulation, suggesting the trend remains bearish until demand absorbs excess supply. A sustained move above $2.95–3.07, reclaiming the 20- and 50-period EMAs, is needed to…
Miliband dismisses demands for new North Sea oil and gas drilling
Labour 's green supremo Ed Miliband last night doubled down on his refusal to boost oil and gas drilling in the North Sea despite clarion calls to end the 'sheer lunacy' ban. The Energy Secretary told Labour MPs that more drilling would make no…
Green energy boss backs more North Sea oil and gas production
The head of the UK's national green energy champion has joined other high-profile renewable energy leaders in making the case for more North Sea oil and gas production as the government braces for an energy cost crisis. GB Energy boss Jürgen…
Daily on Energy: Gas inches to $4, Texas refinery explosion, and more
Plus, you may have seen last night that there was an explosion at an oil refinery in Texas. Fires at the facility have been put out and shelter-in-place orders lifted, but it has yet to be seen how the incident could further put upward pressure on…
Wright: We have a 'few more levers' to lower gas prices
Energy Secretary Chris Wright on Monday said the U.S. has a “few more levers” to lower gas prices after they skyrocketed in the weeks after the U.S. and Israel launched their military campaign on Iran late last month. “There's…
UK must back North Sea oil and gas drilling, says trade body
Matthew Lloyd / Bloomberg via Getty Images Dearbail Jordan, Senior business reporter and Daniel Thomas, Senior business reporter The offshore energy industry has warned that the UK 'urgently' needs to produce its own oil and gas and called for the…
US Gas Market Sees Volatility With Shifting Weather and Oil Price Moves
US natural gas futures fluctuated between slight gains and losses as traders factored another bearish weather forecast against rising oil prices, which have pulled up the US gas contract since the war in Iran began. Contracts for near-term US gas…
UK must back North Sea oil and gas drilling, says trade body
Dearbail Jordan,Senior business reporter and Daniel Thomas,Senior business reporter Matthew Lloyd / Bloomberg via Getty Images The offshore energy industry has warned that the UK 'urgently' needs to produce its own oil and gas and called for the…
European Power Confronts Gas Shock: Analyst Reaction
The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins sits down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research. The future of energy…
Iranian Gas Flow to Turkey Said to Stop After South Pars Strike
Iran has stopped natural gas exports to Turkey following an Israeli strike on the giant South Pars gas field last week, according to people familiar with the matter. Turkey bought about 14% of its natural gas from Iran last year, according to data…
Expert's tip on saving money at gas station goes viral: '30% less'
Practical advice on cutting fuel costs by as much as 30 percent has gained widespread attention online, as drivers look for ways to cope with rising prices at the pump. A new TikTok video by personal finance expert Martin Lewis, via martinlewismse…
Canada Pitches More Natural Gas to Support US LNG Exports - TT
A flare stack at the LNG Canada facility in Kitimat, British Columbia. (James MacDonald/Bloomberg) Canadian Energy Minister Tim Hodgson pitched increasing natural gas flows to the U.S., a move aimed at boosting LNG exports from the Gulf Coast and…
Iran war has altered the global natural gas market. Goldman says these 3 stocks will benefit
Goldman Sachs expects the liquefied natural gas market to stay disrupted through 2027 due to the U.S.-Iran war. The Wall Street investment bank thinks three companies can benefit from the new supply and demand dynamic. QatarEnergy's CEO Saad…
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