Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
UK must back North Sea oil and gas drilling, says trade body
Matthew Lloyd / Bloomberg via Getty Images Dearbail Jordan, Senior business reporter and Daniel Thomas, Senior business reporter The offshore energy industry has warned that the UK 'urgently' needs to produce its own oil and gas and called for the…
UK must back North Sea oil and gas drilling, says trade body
Dearbail Jordan,Senior business reporter and Daniel Thomas,Senior business reporter Matthew Lloyd / Bloomberg via Getty Images The offshore energy industry has warned that the UK 'urgently' needs to produce its own oil and gas and called for the…
California investigates price gouging as gas prices soar
Officials in California say they are investigating after reports of “extraordinarily high prices” being charged at some gas stations in the Golden State amid the Iran war. Late last month, the United States and Israel targeted key…
Ministers rebuff trade body's call to boost North Sea oil and gas production
The UK government has dismissed a warning from an energy trade body that failing to produce more homegrown North Sea oil and gas will leave the UK increasingly reliant on imports at a time of rising global instability. The industry group, Offshore…
UK 'urgently' needs more domestic oil and gas from North Sea, trade body says
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK “urgently” needs to produce more…
European Gas Prices Whipsawed by Potential to Ease Iran War
European natural gas markets whipsawed on Monday, erasing gains to plunge as much as 9.3%, after US President Donald Trump signaled a potential de-escalation of hostilities in the Middle East. Trump said strikes against Iranian energy…
Trump Team Hunts for Ways to Blunt Gas Price Increases
Welcome to Washington Edition, our now twice-daily flagship newsletter covering the intersection of politics, power, and money. I'm Nancy Cook, Bloomberg's senior national political correspondent, and each weekday I'll be coming to you with…
UK urged to boost oil and gas production from North Sea
Offshore Energies UK (OEUK) has urged the British Government to urgently boost domestic oil and gas production from the North Sea, citing energy security and environmental concerns. A new OEUK report suggests that gas extracted from the North Sea…
Equinor Hunts for Shale Gas Expansion Targets in Marcellus Area
Equinor ASA is looking to expand its US shale-gas business amid an ongoing reshuffling of its global portfolio, the company's international upstream boss said Monday. “We're looking around the Marcellus primarily,” Vice President for…
Big Take: Surging Gas Prices Are Driving EV Interest
As the war with Iran drags out and oil prices remain turbulent, it raises the question of whether — and how — prolonged conflict in the Middle East might impact global fossil fuel dependence and the future of renewable energy. On…
US Natural Gas Extends Losses on Warmer Outlook, Oil Price Drop
US natural gas futures fell for a second day as weather forecasts shifted milder, indicating lower demand for the heating and power-plant fuel, and as falling oil prices caused financial outflows from baskets of energy futures contracts. Traders…
UK Capable of Nearly Doubling Oil, Gas Output With Reforms: OEUK
The UK could produce nearly twice as much oil and gas over the next 25 years from its aging North Sea basin compared to current projections, if fiscal and regulatory regimes change, according to an industry lobby group. The UK can unlock an…
DoorDash introduces relief payments for drivers as the Iran-US war drives up gas prices
With the ongoing Iran-U.S. war contributing to a significant spike in gas prices, DoorDash is stepping in to support its drivers in the U.S. and Canada. The company announced on Monday the rollout of a temporary program aimed at easing the…
These Apps Can Help You Find the Cheapest Gas
In the wake of the U.S.-Iran conflict and the closure of the Strait of Hormuz, the price of crude oil has risen sharply on the international market. Now, it's starting to impact gasoline and diesel prices in the U.S., with increases at the pump of…
DoorDash Launches Gas Price Relief Program for Drivers - TT
DoorDash said U.S. drivers with a DoorDash debit card will earn 10% cash back on any gas purchase, up from the usual rate of 2%. (David Zalubowski/Associated Press, File) DoorDash is offering extra compensation to U.S. and Canadian drivers as part…
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