Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Gas force majeure hits Punjab
ISLAMABAD: Amid hot and humid weather, Sui Northern Gas Pipelines Ltd (SNGPL) has declared force majeure — a legal term that absolves contractual liability — for its inability to supply regasified liquefied natural gas (RLNG) for…
U.S. Natural Gas Futures Held Back By Adequate Supply
0940 ET – U.S. natural gas futures are lower, with ample supply and above-average storage keeping weather-driven rally attempts at bay. Bank of America Global Research raises its Henry Hub price forecast for 2H to $3.80/mmBtu from…
European gas reserves low but not yet critical
“European gas storage levels are very low, and they are likely to remain low as we head into winter,” Andy Sommer of the Swiss energy group Axpo told the AWP news agency. He estimates they will rise to 70% to 75% by the late autumn…
India's Wartime Buying Spree Leaves Behind a Cooking Gas Surplus
India's frenzied efforts to counter disruptions in cooking gas supplies over the past months, while cargoes remained trapped in the Persian Gulf, has left state-run fuel retailers with the opposite problem — more than they can sell. The…
Jackdaw boss warns of winter fuel shortages if gas field not approved
The owners of the Jackdaw gas platform in the North Sea say it is 'hyper critical' that the UK government approves production to avoid the risk of domestic supply shortages this winter. Speaking to BBC News at the field 150 miles east of Aberdeen…
The White House announces the first Freedom Fuel gas station, selling gas at $3.47 a gallon
The White House announced the first 'Freedom Fuel' gas station, which it says is selling gas at a below-market rate of $3.47 a gallon. In a post on social media platform X on Tuesday, the White House announced that the first Freedom Fuel location…
Germany Proposes Consumer Levy to Fund Emergency Gas Reserve
The German government has proposed adding a surcharge to consumer energy bills to help finance a strategic natural gas reserve designed to keep supplies flowing in a worst-case crisis. The cost would be passed on to consumers through a levy of…
Show us gas reservation modelling: BCA
Australia's top business group has demanded the Albanese government release modelling supporting the design of its proposed domestic gas reservation policy as uncertainty over the final details of the scheme rattles the industry. The federal…
3,000 gas cylinders swept away into river amid floods
Torrential rainfall and severe flooding in the Khalapur area of Raigad district have triggered a major industrial emergency, with approximately 3,000 gas cylinders from an HPCL bottling plant being swept away into the Patalganga River, officials…
EU Plans 2040 Electrification Target to Cut Oil, Gas Consumption
The European Union wants to propose an electrification goal for the next decade as part of a plan to strengthen the local market for clean technologies and help shift the bloc away from fossil fuels. The European Commission, the bloc's regulatory…
Freedom Fuel: Network of low-priced gas stations opening this week. Here's the full list of locations
This week, the White House announced the opening of the first “Freedom Fuel” gas station. The gas station chain loosely ties the price of a gallon of gas to President Trump's presidential number “47.” Here's what you…
Map shows gas prices in each state as Iran ceasefire ends
Gas prices rose across the country Wednesday after President Donald Trump said he views the Iran war ceasefire as “over” and tensions in the Strait of Hormuz, a critical passageway for the global oil supply, strained. When the war…
World Bank Grants Ivory Coast $875 Million Loan, Signs Gas Pact
The World Bank approved an $875 million loan for Ivory Coast to support economic growth and job creation, and signed an interim deal with Eni SpA 's local unit and the West African nation to provide technical assistance for its burgeoning gas…
European Gas Edges Lower as Traders Assess Middle East Flare-Up
European natural gas prices edged lower as traders evaluate the region's supply picture after fresh hostilities between the US and Iran. Benchmark futures declined as much as 2.3% after rising during the previous two sessions. Prices are still near…
Ukraine war briefing: Russia bans diesel exports as refinery attacks trigger gas shortages and price spikes
Russia introduced a ban on diesel exports on Wednesday as part of a raft of measures to support the domestic fuel market after systematic Ukrainian drone attacks on oil refineries triggered gasoline shortages and price spikes. Drivers…
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