Gas Industry News

James Allcock, British Gas director who was pivotal in securing reliable supplies of North Sea gas

​James Allcock, who has died aged 90, was a director of British Gas who played a key role in the provision of nationwide supplies from the North Sea. A devout Christian, he was prominent in the movement to bring the influence of faith into…

Winter Storm Forecast Triggers Rise In Natural Gas Prices

Natural gas prices soared on Tuesday for the second straight day ahead of a major snowstorm expected to impact a large portion of the United States, suggesting the market is bracing for potential supply disruption at power plants. Natural gas…

Big gas and oil finds in the Mediterranean could be a game changer

Call it the Monroe Doctrine, the Donroe Doctrine or what you will, but the lessons of Trump's strike against Venezuela and his kidnapping of its autocratic president Nicolas Maduro are clear enough. That you'd better take Donald Trump seriously…

US Natural Gas Soars to Highest Level Since 2022 on Cold Blast

US natural gas futures rallied to the highest level since 2022 on concerns freezing weather could threaten supply just as demand jumps for the fuel used for heating and power generation. Front-month contracts jumped as much as 13% to $5.502 per…

Anlaby Road gas repairs causing 'real issue', say Hull councillors - BBC News

A road closure caused by gas repair work is causing chaos, some residents have claimed. A section of Anlaby Road in Hull has been shut since 5 January. Three city councillors have written to utility company Northern Gas Networks (NGN) asking them…

Trump hits out at Britain's 'catastrophic' North Sea oil and gas curbs

Donald Trump lashed out at Britain's 'catastrophic' North Sea oil and gas curbs today as he stoked Transatlantic tensions. The US president condemned the UK for failing to exploit energy resources as he gave a rambling speech at Davos. The comment…

U.S. Natural Gas Futures Extend Weather-Driven Rally

Man Shot and Killed After Reportedly Intervening When a Person Cut the Bathroom Line at Gas Station

Danny Lyn Kaster made a stop at a QuikTrip gas station in Phoenix on Jan. 16, where he waited in line to use the bathroom Deondre Franklin allegedly tried to cut the line, and when Kaster tried to intervene, Franklin allegedly shot Kaster in the…

US gas prices soar as America hit with life-threatening Arctic front

Gas prices in the United States have skyrocketed as more Americans use their heating to stave off the cold, amid the life-threatening Arctic front currently blasting the country. The cost of gas futures shot up by more than 50 percent over the last…

Natural Gas Prices Soar 60% in Two Days As Cold Wave Grips U.S.-What That Means For You

An Arctic cold blast and winter storm forecast have boosted expectations for heating demand, sending natural gas prices sharply higher this week. The extended forecast predicts colder-than-normal weather through the end of January, and the U.S.

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Funds Turn Long on European Gas as Prices Soar 30% in a Week

Funds and other speculators shifted to net long positions in European gas, as unusually cold weather and short covering drove future prices up 30% in a week. The move into long territory followed a reduction in net short positions in the week…

Report: Border Patrol Chief Allegedly Denied Service by MN Gas Station: 'Don't Come Back, Neither

On Wednesday, independent journalist Cam Higby filmed someone claiming to be a cashier at a local Minneapolis Speedway service station denying Border Patrol Commander Greg Bovino access to the store. The alleged cashier practically escorted Bovino…

Santos to ship first cargo from long-awaited Barossa gas project

Santos will ship the first cargo of LNG from its $6.1 billion Barossa gas project in the Timor Sea in the coming days after the company said it had resolved issues with key infrastructure that had threatened further delays to the long-awaited…

US Natural Gas Jumps Over 50% This Week as Freeze Takes Hold

US natural gas futures gained more than 50% in two days, with freezing temperatures taking hold of swathes of the country and lifting demand for heating. Contracts are on track for their biggest weekly gain in over 35 years. An Arctic cold front is…