Gas Industry News

Qatar cuts gas supplies to Indian industry

Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40…

India slashes gas supply to industries - Reuters

India has cut natural gas supplies to industries in anticipation of supply constraints, Reuters reported on Tuesday. The move was made after top LNG producer Qatar halted production, according to sources quoted by the agency. QatarEnergy, the…

India reduces gas supply to industries after Qatar outage, sources say

Indian companies have reduced natural gas supplies to industries in anticipation of tighter supply from the Middle East after top producer Qatar halted production, Reuters reports, citing four industry sources with knowledge of the matter. India…

Qatar declares force majeure, gas supplies to Indian industry cut

Gas importer Petronet LNG Ltd has informed gas marketers of Qatar halting its liquefied natural gas production after Iran continued to strike Gulf countries Qatar supplies about 40% of the nearly 27 million tonnes of LNG that India imports.

India Gas Importers Start Cutting Supply to Industrial Customers

Indian liquefied natural gas buyers are starting to cut supply to industrial customers in anticipation of shortages after Qatar halted the world's largest export facility. A major Indian LNG importer is reducing the amount of Qatari gas it provides…

Qatar Outage Forces Indian Energy Majors to Ration Industrial Gas Supply

India's state-run gas majors began slashing supplies to factories on Tuesday afternoon | Image: Pexels India's state-run gas majors began slashing supplies to factories on Tuesday afternoon. The move follows a disruption at QatarEnergy, which…

Global stock market sell-off deepens as oil and gas prices continue ascent

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. A sell-off across the world's financial markets gathered…

European Gas Prices Soar Further After Qatar Gas Halt

European natural-gas prices surged for a second day after a production halt at the world's largest liquefied-natural-gas export facility in Qatar rattled markets. Futures for Dutch TTF, the European natural-gas benchmark, jumped over 40%, topping…

Massachusetts gas prices rise after U.S. starts attacking Iran

Getting your Trinity Audio player ready... Local pump prices are starting to rise following the U.S.-Israel strikes on Iran and the ensuing retaliatory attacks. The average price for a gallon of regular gas in Massachusetts was $2.97 on Tuesday…

Global stock markets slump amid Iran war as gas and oil prices rise

The war in the Middle East has plunged financial markets into turmoil for a second day, with oil and gas prices surging, global stock markets slumping and chances of a UK interest rate cut later this month plummeting. The London stock market has…

Ancient Greece's most famous oracle was just high on gas fumes

Breakthroughs, discoveries, and DIY tips sent six days a week. For centuries, people traveled to Delphi in southern Greece hoping for a glimpse of their future. There, at the temple of the god Apollo, a priestess was said to enter a trance and…

Reeves warns of risk of higher energy bills as oil and gas prices soar

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. Rachel Reeves today warned the country of the risk of…

Gas Prices Rise This Week-Where Drivers Are Paying the Most and Least

The national average gas price climbed back above $3 this week after rising nearly 8 cents from the prior week. Oklahoma and Arkansas average in the mid-$2 range, while California, Hawaii, and Washington state drivers pay well above $4 per gallon.

Gas prices in Massachusetts spike overnight in response to Iran war

Gas prices are starting to climb higher in Massachusetts amid the U.S.-Israeli war with Iran. According to AAA, the average cost of a gallon of gas in the state on Tuesday was $2.97. On Monday, it was $2.91. 'We're up 6 cents overnight and it's…

Georgia gas prices continue rising as Middle East uncertainty worries fuel markets