Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Lower oil and gas industry spending in 2026 predicted by energy service group
An oil and gas service industry group predicts lacklustre prices for those resources will weigh on spending and activity next year, but the prospect of new export infrastructure gives reason for optimism ahead. Enserva says in its annual State of…
E.P.A. Delays Requirements to Cut Methane, a Potent Greenhouse Gas
The Environmental Protection Agency announced on Wednesday that it would delay a requirement that the oil and gas industry limit emissions of methane, a powerful planet-warming gas. Under the requirement, which dates to the Biden administration…
Government 'taxing oil and gas sector to death', claims trade body
Sign up for our email featuring expert insight and funding opportunities for entrepreneurs and SMEs I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK Government is taxing the oil and…
UK Keeps Oil and Gas Windfall Tax in Blow to Industry, OBR Says
The UK government will stick with a controversial windfall tax for North Sea oil and gas producers until the end of the decade, dismissing complaints that the levy hurts investment and jobs. The Energy Profits Levy will remain in place until March…
EPA cements delay of Biden-era methane rule for oil and gas
The Trump administration on Wednesday cemented its delay of Biden-era regulations on planet-warming methane coming from the oil and gas industry. Earlier this year, the administration issued an “interim final rule” that pushed back…
Government 'taxing oil and gas sector to death', claims trade body
The UK Government is taxing the oil and gas industry “to death”, a trade body has said as the Chancellor refused to scrap the windfall tax. The energy profits levy (EPL) was placed on the profits of oil and gas firms as a result of…
Labour is still in a muddle on North Sea oil and gas | Nils Pratley
Labour's manifesto commitment on North Sea oil and gas production was a fudge. On one hand, it said no new licences “to explore new fields” would be granted. On the other, it said existing fields would be managed “for the…
As Russia pummels Ukraine's energy systems, Kyiv hopes US gas will fill the gap
KYIV, Ukraine -- The soil surrounding the gas facility in Ukraine was once pitch-black before it was burned to a rusty red by a massive Russian drone and missile assault. Scattered remnants of Shahed drones littered the reservoir designated for…
UK Government to allow oil and gas extraction near existing North Sea fields
Sign up for our email featuring expert insight and funding opportunities for entrepreneurs and SMEs I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK Government will allow extraction…
How 2025 Thanksgiving gas prices compare to 2024
With Thanksgiving just a day away, many Americans will be planning trips across the country to spend the holiday with family. Indeed, roadside assistance firm AAA predicts record numbers, 81.8 million people, will travel at least 50 miles from home…
Osaka Gas Targets US Power Plant Investments on AI-Driven Demand
Japan's Osaka Gas Co. is looking to invest in more US gas-fired power plants, as the boom in artificial intelligence and data centers heralds a surge in demand for reliable energy supply. The company is eyeing existing assets as building new…
Police dog Gas catches three suspects in Scunthorpe - BBC News
Image source, Kevin Shoesmith/BBC A police dog has helped arrest three people who were seen trying car doors in Scunthorpe. PD Gas was unleashed after the gang fled after being spotted in the Yarrow Road area on Tuesday, Humberside Police said. The…
Americans Paying Record Electricity Prices as Gas Costs Climb
American households are paying more than ever before for electricity after prices surged the most in almost two years, according to the US Energy Information Administration. The average retail price for electricity gained 7.4% in September to a…
Gas prices: Decrease at the pumps on the 'busiest travel day of the year'
Wednesday's price was a dip in cost from Tuesday, when the national average price was $3.055 per gallon, and Monday's cost of $3.069 per gallon. It was also cheaper compared to a week ago, when it averaged $3.094 for a gallon of regular gas. On…
UK Government to allow oil and gas extraction near existing North Sea fields
The UK Government will allow extraction of oil and gas near existing fields as it looks to expand North Sea production without issuing new licences. Labour was adamant in the 2024 election campaign that new licences would not be issued for oil and…
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