Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Qatar cuts gas supplies to Indian industry
Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40…
India slashes gas supply to industries - Reuters
India has cut natural gas supplies to industries in anticipation of supply constraints, Reuters reported on Tuesday. The move was made after top LNG producer Qatar halted production, according to sources quoted by the agency. QatarEnergy, the…
Qatar declares force majeure, gas supplies to Indian industry cut
Gas importer Petronet LNG Ltd has informed gas marketers of Qatar halting its liquefied natural gas production after Iran continued to strike Gulf countries Qatar supplies about 40% of the nearly 27 million tonnes of LNG that India imports.
India Gas Importers Start Cutting Supply to Industrial Customers
Indian liquefied natural gas buyers are starting to cut supply to industrial customers in anticipation of shortages after Qatar halted the world's largest export facility. A major Indian LNG importer is reducing the amount of Qatari gas it provides…
Global stock market sell-off deepens as oil and gas prices continue ascent
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 sell-off across the world's financial markets gathered…
What World War 3 could mean for UK - from conscription to 40% gas price surge
As drone attacks and military action intensify across the Middle East, with Britain 'likely' to deploy a warship in response - the prospect of conflict appears more imminent than ever. Sources told The Times HMS Duncan is 'likely' to be sent…
European Gas Prices Soar Further After Qatar Gas Halt
European natural-gas prices surged for a second day after a production halt at the world's largest liquefied-natural-gas export facility in Qatar rattled markets. Futures for Dutch TTF, the European natural-gas benchmark, jumped over 40%, topping…
Natural gas prices surge worldwide as Iran conflict crimps supply
European natural gas futures settled up another 20% at about €53.60 per megawatt, or around $63, Tuesday after soaring over 50% the day before. The Northeast Asia LNG benchmark, the Japan/Korea Marker also reached a one-year high on Monday…
Europe Gas Rises Again as Shippers Unconvinced by US Hormuz Plan
European natural gas extended its biggest rally in four years as the conflict widens in the Middle East, overshadowing a US plan to protect crucial tanker shipping in the area. Benchmark futures rose for the third day and traded near the highest…
Iran has largely halted oil and gas exports through strait of Hormuz
Iran has in effect closed the strait of Hormuz to oil and gas exports for the past four days with a mixture of drone strikes and fear that has halted commercial maritime traffic despite intense US attacks on Iran's navy. At least four tankers have…
Massachusetts gas prices rise after U.S. starts attacking Iran
Getting your Trinity Audio player ready... Local pump prices are starting to rise following the U.S.-Israel strikes on Iran and the ensuing retaliatory attacks. The average price for a gallon of regular gas in Massachusetts was $2.97 on Tuesday…
Global stock markets slump amid Iran war as gas and oil prices rise
The war in the Middle East has plunged financial markets into turmoil for a second day, with oil and gas prices surging, global stock markets slumping and chances of a UK interest rate cut later this month plummeting. The London stock market has…
Ancient Greece's most famous oracle was just high on gas fumes
Breakthroughs, discoveries, and DIY tips sent six days a week. For centuries, people traveled to Delphi in southern Greece hoping for a glimpse of their future. There, at the temple of the god Apollo, a priestess was said to enter a trance and…
Reeves warns of risk of higher energy bills as oil and gas prices soar
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. Rachel Reeves today warned the country of the risk of…
America's average gas price saw its largest single-day jump in 4 years
The drive to and from the office just got more expensive. Prices at the gas pump jumped an average of 11 cents across the US on Tuesday morning, according to AAA. The national price for a gallon of regular gas climbed from $3.00 on Monday to $3.11…
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