Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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Europe faces gas shortages this winter unless Trump strikes peace deal with Iran
Europe could face a gas shortage this winter if Donald Trump fails to strike a deal with Iran to reopen the Strait of Hormuz, the International Energy Agency (IEA) has warned. Gas storage levels could plummet under 10 per cent of working capacity…
European TTF Gas Rebounds After Monday's Drop
0916 GMT – European natural-gas prices rebound after settling more than 8% lower in the previous session. In early trading, the benchmark Dutch TTF contract rises 3.6% to 98.25 euros a megawatt-hour as investors weigh fresh U.S. strikes on…
Diamondback Forecasts Permian to Also Be Gas King by Next Decade
Diamondback Energy Inc. said the Permian Basin, home to the nation's most productive oil field, will also become the biggest natural gas play in the US sometime in the 2030s. One of the biggest drillers in the West Texas and New Mexico oil patch is…
British Gas resumes force-fitting prepay meters months after £112m settlement
British Gas has resumed force-fitting prepay meters in the homes of people unable to afford their energy bills months after paying the largest settlement on record for sending debt collectors into the homes of vulnerable customers. The industry…
ONE Gas: Q3 Earnings Snapshot
TULSA, Okla. (AP) — TULSA, Okla. (AP) — ONE Gas Inc. (OGS) on Monday reported earnings of $31.2 million in its third quarter. On a per-share basis, the Tulsa, Oklahoma-based company said it had profit of 49 cents. Earnings, adjusted…
On Wall Street, the 'energy transition' includes natural gas and data centers
Blackstone, one of the largest private equity firms in the world, officially changed the name of its dedicated energy investment fund to include the phrase “energy transition” in 2022, having already ceased investing in oil and gas…
US Natural Gas Rises on Lower Appalachian Output, Cooler Weather
US natural gas futures increased as production dropped over the weekend, led by declines in the shale fields of Appalachia. The dip in supply signals producers may be curtailing output because of low prices. Forecasts also shifted slightly cooler…
Michigan gas prices drop 28 cents since last week, AAA says
Gas prices in Michigan are down 28 cents from a week ago, AAA-The Auto Club Group reports. Motorists are now paying an average of $4.55 per gallon for regular unleaded gas, which is 28 cents less than this time last week, 2 cents more than this…
USPS is putting a permanent gas surcharge on mail and packages in 2027: What it means for your shipping costs
More fallout from the war in Iran: The United States Postal Service (USPS) plans to permanently add a fuel surcharge next year. The move follows in the footsteps of both FedEx and UPS, which also increased their prices due to the skyrocketing cost…
Azerbaijan's gas exports to EU via TAP to remain stable this winter
Natural gas supplies from Azerbaijan to the European Union (EU) through the Trans Adriatic Pipeline (TAP) are expected to remain almost unchanged during the upcoming heating season. This is stated in the International Energy Agency's (IEA) Global…
Millions of dollars from the worst US gas leak are now available to help residents electrify homes
Millions of dollars of settlement money from the largest known methane leak in the United States are now available to affected residents to replace gas-powered appliances with electric ones. Organizations involved in distributing the money say it…
White House cites Korean trade deal, Alaska gas project among Trump's fulfilled pledges
WASHINGTON — The White House on Monday highlighted U.S. President Donald Trump's trade agreement with Korea and a Alaska natural gas project involving Seoul among his fulfilled campaign promises, as it touted his achievements on the eve of…
Disneyland forced to pull plug on Autopia gas engines ahead of California mandate
Disneyland will replace the gas-powered cars on its classic Autopia attraction with electric vehicles ahead of a looming deadline. The change comes just months before the state's Feb. 1 deadline to retire the cars or shut the ride down completely.
Morgan Stanley Raises Bullish European Gas Price Scenario on Winter Supply Risks
1054 GMT – Morgan Stanley raised its bullish price scenario for European natural gas to 150 euros a megawatt-hour from 135 euros, citing colder November forecasts, firm Asian LNG demand and geopolitical risks that could tighten winter…
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