Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
U.S. Natural Gas Futures Start Week Lower
0849 ET – U.S. natural gas futures are lower at the start of the week. Warmer-than-normal weather extending well into September maintains some price support, with significant near-term heat driving cooling demand. But “with normal…
US Natural Gas Ticks Up on Hotter Forecasts, Cooling Demand
US natural gas futures were up slightly as near-term forecasts showed hotter weather in the coming weeks, indicating increased cooling demand for the power-plant fuel as consumers crank up air-conditioning. Gas demand for liquefied natural gas…
A Production, Gas-Powered Acura Nexera? U.S. CEO Wants It To Happen
Acura said its stunning Nexera coupe concept was purely that—a concept, and there was no production intended whatsoever. Showing off something so extreme at Monterey Car Week is a bold move, and the two-seat, scissor-door design study was…
Natural gas prices to consumers, industry to remain unchanged - Focus Taiwan
Taipei, Aug. 31 (CNA) State-owned oil supplier CPC Corp., Taiwan, will keep natural gas prices for domestic and industrial users unchanged in September but will increase them by 5.83 percent for companies that generate electricity, it said Monday.
Gas station chain praised by Trump sold 'stolen' fuel, lawsuit claims
A gas station chain praised by Donald Trump for its below-market-rate prices allegedly sold fuel its supplier didn't pay for, according to a new lawsuit. Trump's war with Iran caused gas prices to spike earlier this year when Tehran responded to…
Musk's faster path to more gas turbines comes with pollution problem
Elon Musk says he's found a way to solve one of AI's biggest bottlenecks by making a hard-to-manufacture turbine part himself. On Saturday, Musk confirmed what a secret foundry SpaceX has been building in Bastrop, Texas, is for — an apparent…
SpaceX Logs NASA Launch Success, Jumps Into Gas Turbine Business
Elon Musk over the weekend confirmed SpaceX will begin in-house production for natural gas turbine parts, an effort to alleviate supply chain bottlenecks as Big Tech companies accelerate their AI buildouts. SpaceX on Sunday launched the deep-space…
Michigan gas prices inch up 1 cent from last week, AAA says
Michigan's gas prices are about the same as they were a week ago, with AAA reporting a 1-cent increase in the average price per gallon. AAA issues weekly trend reports on Mondays and provides a database that tracks day-to-day changes. Michigan…
KKR Turns Private Jet 'Gas Stations' Into a $10 Billion Coveted Asset
At Teterboro Airport, the private jets are getting bigger. The airport hasn't.
Oneok to Buy Natural Gas Assets With $9 Billion Apollo Stake
US pipeline operator Oneok Inc. said it agreed on a $9 billion investment by Apollo Global Management Inc. and affiliates to buy Brazos Midstream Holdings LLC 's natural gas operations in West Texas and pay down debt. Oneok is acquiring Brazos…
Gina Rinehart's Hancock Energy strikes deal to develop WA gas field
A landmark deal between billionaire businesswoman Gina Rinehart's Hancock Energy and under-pressure Strike Energy has paved the way for the development of one of Western Australia's largest onshore gas fields, just as worries mount about potential…
Richard Denniss is calling for a gas export tax, but an effective royalty system would be a better option
Richard Denniss is an economist and head of the Australia Institute, a Canberra-based policy think tank. His monograph More Fool Me: How the Gas Industry Tricked Australia is an impassioned plea for ordinary Australians to lobby relevant federal…
US strikes Iran again as retaliation raises fears over gas prices, Strait of Hormuz
The U.S. military has conducted strikes against Iran for the first time in weeks, and Iran has retaliated, raising questions about what comes next and how the escalating conflict could impact gas prices. U.S. Central Command told Scripps News that…
Natural gas: Support ahead
Natural gas futures (₹273/mmBtu) gained 4.3 per cent last week. However, it has begun the current week on a weak footing by extending Friday's decline into Monday's session as well. The September futures, which broke out of the resistance at…
Indian Oil aiming to increase natural gas sales 1.5-times by 2030: Chairman
Indian Oil is eyeing to increase their natural gas sales by one-and-half times by 2030, Arvinder Singh Sahney, Chairman of the state-owned oil-marketing company stated in his address at the annual general meeting of shareholders Monday. Further…
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