Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Middle East war: After oil and gas, concerns grow over minerals crunch
Until war erupted on 28 February with the Israeli-US bombing of Iran and counterstrikes across Gulf States, a wide range of key minerals and related products was available, according to the UN Economic Commission for Europe (UNECE). But as the…
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.
Trump says Americans should expect higher gas prices for 'a little while
President Donald Trump said Americans should anticipate paying higher prices at the gas pump 'for a little while' as a result of the Iran war. Trump said he is in no rush to make a peace deal with Tehran, claiming that the war has had less of an…
U.S. Oil and Gas Executives Lament Market Chaos Stemming From Iran War
American energy executives are lamenting the market chaos caused by the war in Iran, according to a new survey from the Federal Reserve Bank of Dallas. Many responses to the survey, which includes anonymous comments from companies in the oil and…
Don't let gas giants scare you - they need to cough up
You have reached your maximum number of saved items. Remove items from your saved list to add more. Add articles to your saved list and come back to them anytime. It's no surprise that gas companies are splashing millions of dollars trying to…
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…
High US diesel costs could impact your life more than gas prices
While gasoline prices remain high at pumps across the U.S., experts warn that the cost of another fuel could ultimately impact consumers more. “It's diesel that really runs the economy, and kind of runs the world,” Joe DeLaura, a…
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…
Meritless': Buc-ee's slammed with countersuit by regional gas station
'A moose is not a beaver.' It's a Confucian sentiment that's as old as time itself and pretty difficult to disagree with. It's also at the heart of a new counterclaim against Buc-ee's. Many know Bucky the Beaver as the friendly Buc-ee's mascot, but…
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…
American Express CEO: Our cardholders don't care about high gas prices right now
American Express (AXP) stock fell at the open, even as results beat across the board. But considering US households were hit over the head with $4 per gallon gas in the quarter, one could appreciate the resiliency of the card giant's business. 'I…
Angry Aberdeen audience confront SNP minister over lack of support for oil and gas
He said energy security should be considered in any new decisions on further exploration. The SNP leader stopped short of backing specific projects such as Rosebank and Jackdaw. The programme saw Housing Secretary Màiri McAllan stand in for…
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…
Restaurants are getting anxious about gas prices
Operators discussed the economy at RLC this week. | Photo: DV Productions and Jon Mouer The first thing Panda Express CFO David Landsberg does when he wakes up is check the chain's sales from the day before. These days, he's waiting for the impact…
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