Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Giant gas field will be used to 'mine Bitcoin' rather than power homes
A giant untapped natural gas field that could provide a tenth of the UK's annual demand will instead be used to mine Bitcoin. The West Newton field near Hull, East Yorkshire, holds up to eight billion cubic metres of gas, which could significantly…
China revives coal-to-gas projects as energy security frays
A high-profile Chinese coal-to-gas venture that lay dormant for over a decade is set to launch this year, part of a wave of investments that will allow Beijing to mitigate threats to fuel supply at a time of heightened geopolitical tensions.
Bramley to Shalford gas repair roadworks enter second stage
Works as part of a 35-week project to replace gas mains pipes in two Surrey villages are due to enter their second phase amid fears of traffic disruption. Bramley and Shalford businesses were warned to expect disruption on Chinthurst Lane, and…
Trump blamed for gas price surge as relief unlikely before midterm
Polling shows Americans are blaming President Donald Trump for rising gas prices. High fuel costs and forecasts that prices will remain elevated through 2026 could amount to a serious threat to Republicans' chances in this year's elections.
Gas prices: Seven straight days of falling prices at the pumps
The national average price for a gallon of regular gas decreased again on Monday, falling to $4.042, according to AAA. It was the seventh straight day the national average price of a gallon of regular gas has dropped. Fuel costs had been rising…
Burning wood for power worse for climate than gas equivalent, report finds
Burning wood for power generation can be worse for the climate than burning gas, even when the resulting carbon dioxide emissions are captured and stored, new research has shown. The findings cast doubt on plans by several governments, including…
Worried about rising gas prices? The Europe path doubles costs
The latest pain comes from the Iran conflict. The closure of the Strait of Hormuz — the chokepoint for one-fifth (about 20 million barrels a day) of global oil — triggered the largest supply shock in modern history. Brent crude spiked…
Eni, Repsol Reach Deal to Start Exporting Venezuelan Gas in 2031
Eni SpA and Repsol SA plan to start exporting natural gas from Venezuela by the end of 2031 after reaching a deal with Caracas to revive a long-stalled effort to expand production from a massive offshore field. The agreement with interim President…
European stock markets fall and oil and gas prices jump as strait of Hormuz 'chaos' worries investors - business live
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Complacency that the Middle East confict might have been approaching an end has vanished from the markets today, as concern grows that hat…
Trump rejects Energy Secretary Wright's claim about gas prices staying high
President Donald Trump rejected Energy Secretary Chris Wright's statement that gas prices may not fall below $3 before 2027, remaining confident that prices will drop once hostilities cease between the United States and Iran. Trump told the Hill…
Indonesia Makes Major Gas Discovery in Effort to Boost Output
Italian energy major Eni SpA made a large offshore gas discovery in Indonesia, potentially helping the Southeast Asian nation's effort to curb a looming deficit. Eni estimated resources found at the Geliga-1 well off East Kalimantan province at 5…
European Gas Futures Soar as Iran Closes Strait of Hormuz Again
European natural gas futures rose as Iran again closed the Strait of Hormuz, adding fears that the flow of energy from the Persian Gulf will remain choked. Benchmark futures advanced as much as 11% to €43 a megawatt-hour in early Asian…
Trump says energy secretary 'totally wrong' on gas prices not dropping to $3 until next year
President Trump told The Hill on Monday that he disagreed with Energy Secretary Chris Wright's assessment that gas prices may not drop below $3 per gallon until next year. “No, I think he's wrong on that. Totally wrong,” Trump said in…
Over half of voters say they blame Trump 'a lot' for spiking gas prices
More than half of registered voters surveyed by Quinnipiac University said they blame President Donald Trump “a lot” for gas prices rising recently. In a poll of 1,028 registered voters, approximately 51 percent of respondents said…
Paraguay derby abandoned as police fire rubber bullets and tear gas amid violent clashes
Flora Snelson BBC Sport journalist Violent clashes between fans and police caused the abandonment of a match between the top two sides in Paraguay on Sunday. Hundreds of spectators escaped onto the pitch as police fired rubber bullets and tear gas…
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