Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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…
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…
Winter Storm Sends Natural Gas Futures Past $6 Benchmark
This weekend's snow and ice storm put power grids to the test. 12% of natural gas production was knocked off-line and futures for February rose above $6 per million British thermal units for the first time since 2002. Stephen Schork of The Schork…
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…
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…
Georgia Scrambles After Leak Reveals Rising Dependence On Russian Gas
Georgia's imports of Russian gas rose sharply in 2025, with newly disclosed pricing showing higher costs than in previous years. The leak has sparked political backlash, as critics warn of renewed dependence on Gazprom and heightened risks of…
SK Innovation E&S begins production at Australian gas field
SK Innovation E&S, the energy unit of Korea's SK Group, said Tuesday it has begun production at an offshore gas field in Australia in which it invested 14 years ago. The initial cargo of liquefied natural gas (LNG) produced at the Barossa gas…
Daily on Energy, presented by Americans for Fusion: Trump's latest stake in critical minerals, winter storm fallout, and the ban on Russian gas finalized
And keep reading for what we know about an oil rig accident that occurred in Northern Alaska late last week 🛢️🏔️. Plus, permitting reform is back on the docket in the Senate this week as the Environment and Public…
US storm drives global natural gas prices higher
A brutal cold snap in the US drove natural gas prices higher globally, highlighting the world's growing dependence on American fossil fuels. The Trump administration has, largely successfully, prioritized the export of liquefied natural gas, with…
EU Countries Gives Final Approval On Complete Ban On Russian Gas Imports By 2027
Brussels: The 27 member states of the European Union formally adopted the regulation on phasing out Russian imports of both pipeline gas and liquefied natural gas (LNG) into the EU on Monday. In a statement shared by the EU Council, it was…
EU moves to cut off Russian gas - Who will pay the price?
The EU has just voted to cut itself off from Russian gas by 2027 – at the very moment its gas prices are surging again and storage sites are being drained faster than usual. What began as a political pledge to “de‑risk”…
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