Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
There is no justification for the expansion of North Sea gas
I was surprised to read Nils Pratley's recent column arguing for more North Sea gas (The UK needs more North Sea gas, not greater reliance on US imports, 14 April). Nils rightly questions reliance on costly and highly polluting imported US…
Pakistan Rushes to Buy LNG From Spot Market to Ease Gas Shortage
Pakistan is looking to buy liquefied natural gas from the expensive spot market for the first time in over two years as the government rushes to ease an energy shortfall triggered by the conflict in the Middle East. State-owned Pakistan LNG Ltd.
Tesla Says EV Orders Benefitted From Soaring Gas Prices
On Wednesday, Tesla reported a “resurgence” in global demand, including a “slight growth in the United States,” and its highest first-quarter order backlog in two years, despite the brutal blow the Trump administration…
Urgent action on oil and gas decommissioning could create 25,000 jobs - report
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 think tank has called for “urgent action”…
ENFR Can See Substantial Growth Driven By Global Gas Demand (NYSEARCA:ENFR)
ALPS Alerian Energy Infrastructure ETF earns a 'Buy' rating, offering diversified exposure to U.S. oil and gas midstream operators. ENFR benefits from secular tailwinds: rising domestic electricity demand driven by data center growth and…
Albanese poised to kill off move to increase taxes on gas giants
The ABC revealed last month that Treasury had been asked to model options to levy gas company windfall profits. The prime minister is understood to be opposed to any such move in next month's budget, given the current fuel crisis. A Greens-led…
Government set to reject gas tax proposal
Plans to impose a windfall tax on gas exports in next month's federal budget appear to have been shelved amid fears of angering key trading partners Australia is dependent on for vital fuel supplies, government sources say. As Anthony Albanese…
All the alternative routes for Middle East oil and gas to bypass the Strait of Hormuz
The U.S.-Israeli war with Iran has disrupted shipping through the Strait of Hormuz, with only three vessels passing the waterway in the past 24 hours, shipping data showed. The Strait is considered the world's most important oil chokepoint and had…
China's Factory Hub Faces Gas Price Shock as War Tightens Supply
The Chinese industrial hub of Guangdong, an economic powerhouse comparable in size to South Korea, has seen some electricity prices almost double due in part to constraints on the supply of natural gas from the Middle East. The coastal province…
Urgent action on oil and gas decommissioning could create 25,000 jobs - report
A think tank has called for “urgent action” to ensure oil and gas companies decommission old North Sea infrastructure, saying doing so could create up to 25,000 jobs and deliver a £15 billion economic boost. A report by Redwater…
Analysts See 94 Billion-Cubic-Foot Rise in U.S. Natural Gas Inventories
U.S. natural gas inventories likely saw an above-average build last week as mild spring weather kept a lid on heating demand, according to a Wall Street Journal survey of analysts. Gas stored in underground facilities is expected to have increased…
Oil and gas giant feels the heat from climate activists
Climate activists have repeatedly disrupted a gathering of shareholders of Australia's biggest oil and gas company, with one breaching barricades to jump onto the stage. The four Disrupt Burrup Hub protesters yelled at the board of Woodside Energy…
Landholders band together against coal seam gas development
The Toprain Farming Collective is calling for greater protection for priority agricultural and strategic cropping land in central Queensland. It comes as Comet Ridge is proposing an expansion and further development of the Mahalo Gas Hub. The…
How the Iran war oil and gas supply shock compares with past disruptions
The U.S.-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record by daily output lost, though at least one earlier shock had a greater cumulative impact, according to Reuters…
Watch US Economy: BofA Sees Resilient Consumers Despite Higher Gas Prices
BofA Sees Resilient Consumers Despite Higher Gas Prices Holly O'Neill, president of consumer, retail, and preferred banking at Bank of America, discusses the details of the firm's latest consumer checkpoint.
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