Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Wholesale gas costs blamed for rises in household energy bills
Wholesale gas prices are responsible for two-thirds of the electricity bill increases households have faced in recent years, new analysis has revealed. An assessment by independent analysts at the UK Energy Research Centre (UKERC) found that…
New gas find prompts Philippines to step up defence of energy frontier
The Philippine military and coastguard have stepped up security around a newly announced natural gas discovery off Palawan, treating the operation as a test case for protecting future offshore energy projects in contested waters, according to…
Rise in UK electricity bills driven by gas prices
Notifications can be managed in browser preferences. New analysis by the UK Energy Research Centre (UKERC) reveals that wholesale gas prices are responsible for two-thirds of the increase in household electricity bills between 2021 and 2025.
Europe buys gas from Australia as US snowstorm freezes pipelines
Europe has been forced to ship gas from Australia after supplies from the US were crippled by a huge snowstorm. Some vital American gas facilities have frozen up because of the Arctic blast, forcing traders to scour the globe for extra supplies of…
US Natural Gas Slips, Halting Historic Rally After Cold Snap
US natural gas fell in thin trading on Wednesday, following a record-shattering rally sparked by freezing temperatures that lifted heating demand and disrupted supplies. Contracts for February dropped as much as 7.6% to $6.425 per million British…
EU member to fight against Russian gas ban
Slovakia is set to launch legal action against the European Union over its decision to ban Russian gas imports, Prime Minister Robert Fico announced on Tuesday, according to news website Dennik N. The EU's move, which received final approval from…
Greenland Tensions Push Europe to Assess US Gas Reliance
The European Union's competition chief has warned against relying “too much” on US liquefied natural gas imports as the bloc looks to diversify its energy basket. “We know that we cannot rely on Russian gas, and that we should…
Australia PM Albanese visits East Timor to discuss security, gas
SYDNEY, Jan 27 (Reuters) - Prime Minister Anthony Albanese will flag Australia's desire for deeper security and energy ties when he addresses East Timor's parliament on Wednesday, in his first visit to the northern neighbour as leader. The…
Canada and India agree to expand oil and gas trade as energy ties reset
Canada and India are moving to expand energy trade, pledging to increase shipments of oil and gas as they seek to rebalance their economic and geopolitical relationships. The decision was announced on Tuesday at India Energy Week in Goa, where…
Pure Cycle Stock Regains Momentum From Oil And Gas And A Clearer Strategy (NASDAQ:PCYO)
Pure Cycle Corporation is rated 'Buy', as operational momentum returns from oil & gas and housing tailwinds. PCYO's revised strategy prioritizes land acquisition and rental housing, accelerating monetization of its water portfolio, and recurring…
U.S. Natural-Gas Prices Ease After Monday's Surge
0917 GMT – U.S. natural-gas prices ease after hitting their highest in three years as a massive winter storm boosts heating demand and disrupts refinery operations. Futures for February delivery—the contract expires…
Miliband is an economic vandal killing off North Sea gas… just imagine him as PM
ED MILIBAND is like Japanese knotweed. You think you've got rid of him, then up he pops through the drains and before you know it he has destroyed the foundations of your house. Eleven years ago, voters comprehensively rejected the then-Labour…
US Natural Gas Falls After Record as Silver Rallies on China Buying, Supply Tightness
Silver's record-breaking rally is being supported by swelling physical demand combined with speculative interest in a relatively illiquid market, with signs that buyers in China are leading the drive. US natural gas declined in thin trading as…
Fears Victorian consumers will pay for gas imports under 'last resort' plan
Victorian consumers could end up footing the bill for expensive imported LNG under a controversial proposal that assumes the additional gas would lower the cost of domestic gas rather than increase it, as many expect. Gas producers in the…
India at heart of megatrends driving energy demand growth, says UAE industry minister amid deepening oil, gas trade
The rise of emerging markets, growth of artificial intelligence (AI) and expansion of digital infrastructure, and transformation of energy systems to include various sources of energy—these are the three megatrends that are defining the…
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