Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Chevron Signs New Western Australia Gas Deal With Alinta Energy
Chevron has signed a long-term deal with power retailer Alinta Energy for natural gas from its Western Australian operations. Under the agreement, Chevron will supply 46 petajoules of gas to Alinta over a five-year period from July 2027, the U.S.
APLNG calls for penalties for rivals that fail on local gas
Origin Energy's LNG export venture has told the Albanese government it will not back any gas reservation scheme that forces it to carry the can for the failure of a rival to supply the domestic east coast market. In comments that took pointed aim…
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…
The nation's biggest public utility just doubled down on coal, gas, and nuclear
For the past four years, Angie Mummaw has been told the gas-fired electrical plant the Tennessee Valley Authority is building a few miles from her home in rural Tennessee was a necessary stop on its move away from coal. But recent directives from…
US gas prices see their biggest one-day jump in months as Iran war spooks market
Gas prices have spiked in response to President Donald Trump 's resumed attacks on Iran. On Thursday, the average gas price in the U.S. spiked by five cents per gallon to nearly $3.85, according to data from AAA. The U.S. military said it hit…
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…
Cabinet committee denies gas utilities exemption from international accounting standards
ISLAMABAD: The Cabinet Committee on state-owned enterprises on Thursday rejected a request from two circular debt-hit state-owned gas utilities — Sui Southern and Sui Northern — for exemption from international accounting and…
US Natural Gas Dives Most in Four Months on Pipes, Algo Trades
US natural gas futures fell more than 6%, the steepest daily price decline since March, as traders weighed a flurry of market-moving pipeline expansion and export terminal updates. Losses were exacerbated as some algorithmic traders moved in a…
Gas is taking a bigger bite from Pittsburgh budgets
Pittsburgh households spent nearly 40% more on gas year-over-year in May, according to PNC data shared with Axios. Why it matters: The Iran war increased gas prices during the first half of the year, nearly reaching record highs for the region…
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…
Trump-promoted discount gas stations fuel a mystery and questions
President Donald Trump earlier this month praised a 'very smart retailer' called the Freedom Fuel Network in the Philadelphia area for voluntarily lowering the price of gas to $3.47 a gallon, undercutting the state average by about 50 cents. While…
Trump promotes chain of gas stations with prices below market costs
BRISTOL, Penn. (CNN) — President Donald Trump is heralding a new chain of gas stations that are selling gas for $3.479 a gallon, well below both market prices and wholesale costs. “This retailer is taking the lead, and others should…
Electric, Gas Utilities Poised To Navigate Busy Regulatory Month In July
US electric and gas utilities could file at least 13 new rate cases in July, as they look to address a variety of infrastructure investments and an increased operating cost profile. Decisions could be issued in at least 15 pending rate proceedings…
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…
Justice Department Agrees To End Biden-Era Oil & Gas Leasing Restrictions In Alaska
The U.S. Department of Justice said July 7 the Biden administration's oil and gas leasing restrictions in northern Alaska's Arctic region violated federal law and asked the court to dismiss lawsuits by the state and its industrial development and…
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