Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Jersey gas workers ignored UK safety standards, court hears
Staff at Jersey's only gas company often liked to do things 'the Jersey way' instead of following UK safety standards, a former manager at Island Energy has told the Royal Court. Mark Wheeldon had worked for the company when an explosion occurred…
Jersey gas workers ignored UK safety standards, court hears
Caitlin Klein and Georgina Barnes at Jersey's Royal Court Staff at Jersey's only gas company often liked to do things 'the Jersey way' instead of following UK safety standards, a former manager at Island Energy has told the Royal Court. Mark…
U.S. Natural Gas Futures Regain Ground
1045 ET – U.S. natural gas futures are recovering much of yesterday's losses as softening production readings and a pickup in LNG feedgas help offset declining weather-driven demand. “The arrival of the shoulder season, fading weather…
S. Korea Picks Texas Gas Plant as First US Investment Project
The government reportedly briefed the National Assembly on Tuesday on a combined-cycle gas-fired power plant in Texas that is set to be the first investment project under South Korea's 350 billion dollar commitment to the United States. According…
Ineos pauses production at its three Hull plants, blaming UK gas prices
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. Ineos is pausing production at its three plants in Hull…
Jim Ratcliffe halts production at Hull chemical plants over 'ridiculous' gas prices
Billionaire industrialist Sir Jim Ratcliffe is pausing production at three chemical plants in Hull, blaming the UK's “ridiculously high” gas prices. Ratcliffe's chemicals conglomerate, Ineos, said on Tuesday it would…
Sir Jim Ratcliffe suspends production at key UK plants blaming high gas prices
Billionaire Sir Jim Ratcliffe's industrial giant Ineos is pausing production at its three plants in Hull, blaming high UK gas prices. The firm said gas prices in the UK are twelve times higher than in the US, and eight times more expensive than the…
Texas Gas Plant Selected as First US Investment Project
South Korea has selected a combined-cycle gas-fired power plant in Texas as the first investment project under its 350 billion dollar commitment to the United States to secure lower tariffs. Industry Minister Kim Jung-kwan told a National Assembly…
No, banning diesel exports won't lower gas prices
It is one of those bad ideas that seem compelling at first: If you're running low on an essential item, why sell what little you have? And few items are more essential to a modern economy than diesel fuel. It powers trucks, trains, and boats, all…
Soaring Oil and Gas Prices Push Europe's Inflation Fight Into 2027
Soaring oil and gas prices will keep most other prices elevated for longer, with eurozone inflation only likely to approach the target rate of 2% towards the middle of next year, the chief economist of the European Central Bank has said. 'As…
Meta Muse AI may throw gas on the labor displacement problem - but it's not all doom and gloom
The early success of Meta's (META) Muse AI agent sheds light on the labor market displacement coming for many workers. After all, if Muse can speedily perform tasks inside a company, why bother with humans? 'I do think that it's a waiting game for…
Labor's gas scheme shouldn't choke new LNG terminals
There's a certain irony in the announcement of a government scheme that is meant to shore up gas supplies putting into doubt a project that could help deliver said supply. Viva Energy may not proceed with its approved LNG terminal in Victoria due…
Millions of Abandoned Oil and Gas Wells Are Leaking Methane. The Cleanup Bill? Falling to Taxpayers.
Here's what you'll learn when you read this story: Millions of abandoned or orphaned gas (AOOGs) wells exist across the U.S. The EPA estimates that roughly 58 percent of them are uncapped, so they regularly leak methane, hydrogen sulfide, and in…
Healey joins Minogue in push for gas tax relief
BOSTON — Days after her opponent called for suspension of the gas tax, Gov. Maura Healey proposed a two-month gas tax holiday Tuesday, saying she'll put election-season legislation before lawmakers to accomplish her goal. The proposal to…
Lawmakers float gas-tax break, commuter deduction to ease pressure of high prices at the pump
Lawmakers in Congress have introduced bills this month that take different approaches to trying to ease the sting of high gasoline and diesel prices amid ongoing global conflicts. The average price for a gallon of regular unleaded gasoline is…
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