Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Philippines discovers new gas deposit near disputed South China Sea
MANILA, Philippines -- Philippine President Ferdinand Marcos Jr. announced Monday the discovery of a new natural gas deposit near the disputed South China Sea, which could shield his country from a potential power crisis. The “significant…
Germany is using heated bricks to replace gas-fired industrial boilers
Rondo Energy and Covestro broke ground on a new kind of industrial heat battery at Covestro's Brunsbüttel chemical site in northern Germany, and it's designed to do something industry desperately needs: make clean, reliable steam without…
Philippine president announces new gas find in waters facing the disputed South China Sea
MANILA, Philippines -- Philippine President Ferdinand Marcos Jr. announced the discovery of a new natural gas deposit near an existing gas field in waters facing the disputed South China Sea, which could shield his country from a potential power…
Extreme Volatility Returns to Europe's Natural Gas Markets
This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, reporter Priscila Azevedo Rocha looks at how speculative trading is fueling volatility in European gas markets. After a period of…
Gas customers in regional WA town forced onto bottles
ATCO Australia has announced they will decommission the Albany gas network. City of Albany Mayor Greg Stocks has criticised the lack of consultation and detail. About 8,000 customers will be transitioned onto bottled LPG gas over the next three…
A wobbling black hole jet is stripping a galaxy of star-forming gas
Astronomers led by Justin Kader have now observed this process in action in a nearby active galaxy known as VV 340a. Their findings show that a jet launched by the galaxy's central black hole is driving a large-scale gas outflow that is strong…
Arctic Double-Whammy Takes Aim at Gas Markets in Europe and Asia
This article is for subscribers only. Welcome to Weather Watch, our weekly newsletter on how the planet's ever wilder weather patterns are impacting the global economy. Got feedback and forecasts? Write us at. And sign up here if you're not on the…
Philippine Billionaire Enrique Razon, Partners Spending $893 Million To Develop Malampaya Amid New Gas Discovery
Latest drilling by Prime Energy in Malampaya in the West Philippine Sea confirmed new gas reserves in the area. Prime Energy—controlled by ports and casino tycoon Enrique Razon Jr. 's Prime Infra Holdings —and its partners will invest…
European Gas Prices Fall After Last Week's Rally
0928 GMT – European natural-gas prices fall on profit-taking and prospects of additional LNG supply after last week's rally. The benchmark Dutch TTF contract falls 7.8% to 34.01 euros a megawatt hour in early trading after rising above 37…
Can Your Costco Membership Get You Cheaper Gas Abroad?
Potentially long lines and crowds are no match for the allure of Costco's offerings. Since 1976, it's grown into a global dynamo, with over 800 locations around the planet. It could be your secret weapon for cheaper car repairs, the palace of hams…
HPCL signs $3 billion LNG deal with UAE's ADNOC Gas
Hindustan Petroleum Corporation Ltd (HPCL) has signed a $3 billion deal to buy liquefied natural gas from the Abu Dhabi National Oil Company Gas (ADNOC Gas), making it the UAE's top customer, the firm said. The two firms signed a Sales and Purchase…
Madhya Pradesh: Peace Memorial in Line of Hiroshima at Bhopal Gas Tragedy Site, Fresh Assessment of Toxicity on Cards
Bhopal: A ‘Peace Memorial' in the line of the one built in Hiroshima in Japan, devastated by atomic bombings in 1945, is coming up at 64-acre-area here where the killer Union Carbide factory remains abandoned, acting as an enduring testimony…
HPCL inks long-term LNG sale and purchase agreement with ADNOC Gas
State-run Hindustan Petroleum Corporation (HPCL) has signed a Sale Purchase Agreement (SPA) with Abu Dhabi Gas Liquefaction Company (ALNG) to procure Liquefied Natural Gas (LNG) for a 10-year term. ALNG is a subsidiary of ADNOC Gas, which is a…
Short Interest in Kodiak Gas Services, Inc. (NYSE:KGS) Grows By 20.6%
Kodiak Gas Services, Inc. (NYSE:KGS - Get Free Report) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 5,600,484 shares, an increase of 20.6% from the December 15th total of 4,645,291…
3 Niche Oil and Gas Investments for Next-Gen Wealth Builders
For years, most conversations about energy investing have revolved around familiar vehicles such as publicly traded companies, broad upstream partnerships or diversified energy ETFs. A quiet shift is taking place. A new generation of investors is…
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