Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Does the gas industry pay its fair share of tax?
There is a question dominating Australians' social media feeds: Is the gas industry paying its fair share of tax? Politicians, influencers and progressive think tanks are arguing over whether Australians are being ripped off by the current tax…
Falcon Oil & Gas Ltd. - Full Year Results
29 April 2026 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce its financial results for the year ended 31 December 2025. The following should be read in conjunction with the complete audited financial statements and the…
Wholesale Used EV, Hybrid Values Rising Amid Record Gas Prices
Electric Chevrolet Equinox SUVs on dealer lot in suburban Detroit. The average price of gasoline in the U.S. hit a four-year high of $4.18 a gallon on Monday, only days after it retreated to $4.03, according to the Triple A. Until the war in the…
What is the windfall tax on oil and gas companies and how much do they pay?
Rising oil prices have put the spotlight back on the amount of money energy firms are making since prices surged at the beginning of the Iran war. Energy firms operating in the UK are subject to a windfall tax that was introduced in 2022 to help…
Trump administration blocks US wind energy projects in switch to oil and gas
The Trump administration blocked two permitted US wind energy projects from development this week, with an agreement to pay millions of dollars in refunds to the companies behind them if those funds are reinvested in oil and gas. US Department of…
Gas prices at highest level since beginning of Iran war
The average cost of gas in the U.S. on Tuesday reached its highest level in four years — a result of skyrocketing energy prices triggered by the U.S.-Israeli conflict with Iran. The national average reached $4.18, a 40-percent jump since the…
BP's Profit More Than Doubles in Q1 as US Gas Prices Rise - TT
BP's profit more than doubled in the first quarter as the war in Iran continues and the average price for gasoline hit a new high for the year in the U.S. The oil and gas industry has been in upheaval since the start of the Iran war in February. A…
U.S. Natural Gas Futures Little Changed in Early Trade
0952 ET – U.S. natural gas futures are trading sideways with the market caught between some late-season heating demand in the north and limited cooling demand in the south. “The trend has been for the colder camp to gain momentum…
Polls, gas prices have Democrats up and GOP down on midterms
Democrats are growing increasingly optimistic and Republicans increasingly gloomy about the midterm election outlook, as polls move against President Trump and redistricting wars between the parties look like they won't make a huge difference in…
Albanese kills gas tax to protect nation's fuel security and Asian refinery deals
The prospect of a new tax on gas exports has been killed by Prime Minister Anthony Albanese, who is staking his personal reputation on Australia's relationship with its Asian neighbours in Japan, Korea and Malaysia that have warned against the…
Fayette County coroner reports overdose from 'gas station heroin'
Someone overdosed on a drug called 'gas station heroin' for the first time in Fayette County, Coroner Bob Baker said on Tuesday. Baker blamed the overdose entirely on tianeptine, a drug that has not been approved by the U.S. Food and Drug…
Gas prices hit record high; King Charles's jaunt around DC
The president called for ABC to fire late-night comedian Jimmy Kimmel over a joke he made last week about first lady Melania Trump having the “glow” of “an expectant widow.” 🔎 Read the president's critique Keep…
Natural Gas Recovers, But Downside Risks Remain
Henry Hub is currently trading in a weak and relatively narrow range, with the front-month (May 2026, NGK26) holding around $2.50-2.57/MMBtu, with about $2.55 as the nearest short-term reference level. Over the past month the contract has lost…
Rockets and Feathers': Why Gas Prices Stay High Even As Oil Falls
There's an old saying, apparently, that in the event of any shock to energy prices — like Operation Epic Fury — gasoline and diesel prices at the pump go up like a rocket, and come down like a feather. In the half-century or so I've…
Australia's New South Wales to Open New Gas Exploration Sites for First Time in a Decade
Australia's New South Wales state will open new areas for gas exploration for the first time in more than a decade, to shore up energy security ahead of shortfalls on the country's populous east coast. Two regions in the state's far west —…
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