Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Expand Energy to Buy Gas Marketer Twin Eagle for $1.25 Billion
Expand Energy Corp. agreed to buy gas marketer Twin Eagle Holdings NA LLC from private equity firm Five Point Infrastructure for $1.25 billion, moving the largest US natural gas producer further into marketing and trading. The takeover will make…
Work to replace 800m of ageing gas pipes begins in Crookes are of Sheffield
Work has begun to replace 800m (2,625ft) of ageing gas pipes in Sheffield. The project, which is expected to take about 20 weeks, will see upgrades to the 75-year-old network in the Crookes area. To minimise disruption, the work will be carried out…
Natural Gas-Powered AI Push Sees Meta Retreat From Clean Energy Pact
Meta's logo at the company's offices in Menlo Park, California, U.S. (Photo: Justin Sullivan) Technology giant Meta - the parent company of Facebook, Instagram and WhatsApp - has exited from a clean energy pact it had been a signatory to for over a…
Expand Energy to buy gas firm Twin Eagle for $1.25 billion - TT
Expand Energy agreed to buy gas marketer Twin Eagle Holdings for $1.25 billion, expanding its marketing and trading business before closing in the third quarter. Expand raised its annual marketing and commercial free cash flow target 50% to $750…
The problem with $4 gas
Another round of gas price inflation appears likely. | Photo: Shutterstock. This is from the weekly restaurant finance newsletter The Bottom Line. To get this in your inbox every Monday morning, click here. Gas prices are back above the $4 level…
White House Promoted 'Freedom Fuel' Stations Quietly Kill Cheap Gas
For some Americans, the brief illusion of relief at the pump has gone almost as quickly as it arrived. Geopolitical volatility with Iran has resumed, and fuel prices are marching aggressively upward again. AAA's national fuel tracker shows regular…
Michigan's average gas prices increase by 8 cents compared to last week, AAA says
Michigan's average gas prices are up 8 cents a gallon for regular unleaded fuel as compared to a week ago, AAA-The Auto Club reports. Drivers are now paying an average of $4.23 per gallon for regular unleaded. This price point is 7 cents more then…
Expand Energy to buy gas marketer Twin Eagle in $1.25B deal (EXE:NASDAQ)
Expand Energy (EXE) said Monday it agreed to acquire natural gas and power marketer Twin Eagle Holdings from Five Point Infrastructure for $1.25B. Expand (EXE) said the deal will combine its supply and financial strength with Twin Eagle's premier…
Local Gas Prices Near $4 A Gallon
Gas prices continue to climb as the war with Iran escalates. The national average for unleaded regular is $4.11 a gallon, that's an increase of 12-cents a gallon in the past week. And they're at least 86-cents a gallon higher than this time last…
European TTF Gas Down 6% on U.S.-Iran Fighting Pause
0819 GMT – European gas prices tumble on hopes that a pause in fighting between the U.S. and Iran could pave the way for renewed diplomatic efforts and restore flows of liquefied natural gas. The benchmark Dutch TTF contract is down 6.2% to…
Are gas turbines ready for the hydrogen economy?
Can we fuel gas turbines with hydrogen instead of fossil fuels and cut 15% of global carbon dioxide (CO2) emissions? Gas turbines generate around 22% of the world's electricity. Replacing fossil fuels is a key step toward more sustainable power…
Map shows where gas prices are over $4 only 100 days before midterms
The price of gasoline has soared past $4 per gallon in 28 states, amid renewed hostilities between the U.S. and Iran, posing a problem for President Donald Trump ahead of the midterm elections taking place 100 days from Sunday. Studies by AAA found…
Oil and gas explorer Lakes Blue Energy launches capital raising
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.
Residents speak out against planned Kenosha County natural gas plant
At a pair of public hearings last week, residents overwhelmingly opposed a planned natural gas plant in Kenosha County. Chicago-based developer Invenergy has proposed a roughly 1.2 gigawatt natural gas power plant in the town of Paris. That project…
Thousands of forgotten gas wells are killing people in southwestern Ontario
In June 2022, Shawn Seguin climbed down a ladder into a water well on his property near the town of Caledonia, Ont., to try and purify the sulphur-laden water flowing to his family's garden pond. He never came out. Seguin, a father of two…
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