Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Oil, gas tankers cross Hormuz via Oman-side route after U-turns
Oil and gas shipping along a U.S.-protected corridor in the Strait of Hormuz showed signs of recovering Sunday, a day after a batch of vessels performed unexplained U-turns and detours in the vital energy corridor. Six oil and gas freighters were…
The Era of Cheap U.S. Natural Gas May Be Coming to an End
U.S. natural gas prices are set to rise through 2035, following a decade of low Henry Hub prices, as the AI data center boom and the expansion of U.S. LNG export infrastructure will underpin strong demand, analysts at Wood Mackenzie say. During the…
Trump to Meet Zelenskyy at NATO Summit, Oil, Gas Tankers Cross Hormuz, More
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Gas reservation scheme should focus on the carrot, not the stick
One thing that government, LNG exporters and domestic gas producers agree on is that Australia's domestic gas supply challenge is not only a volume problem – it is a geography problem. Compelling LNG exporters to tip more Queensland gas into…
Diamondback Energy's (FANG) Viper Energy Completes Acquisition of Riverbend Oil & Gas IX Assets
Diamondback Energy Inc. (NASDAQ: FANG) is one of the 10 Most Undervalued NASDAQ Stocks to Buy Right Now. On July 1, Viper Energy, a subsidiary of Diamondback Energy, announced the completion of its acquisition of Riverbend Oil & Gas IX, LLC. The…
'Win-win-win': Victorian player flips the script on gas reservation
Aspiring Victorian gas producer Emperor Energy says Labor's contentious gas reservation scheme, which has raised howls of protest from fellow gas juniors, could actually help bring on new supply if designed appropriately. In stark contrast to some…
West Asia conflict: Govt lifts emergency gas curbs as LNG supplies normalise
In a notification, the oil ministry amended the order, omitting key operational provisions, which led to all domestically produced natural gas and imported LNG to be sold as per a new priority customer list drawn by the government. The government…
Ammonia gas removal operation at Tiruvallur factory to continue today
The process of pumping out ammonia gas from St. Peter and Paul Pvt. Ltd., a seafood processing unit at Kannigaipair in Tiruvallur district, will continue on Monday. The unit witnessed a leak of the toxic gas on June 21, which left 18 workers dead…
Carney pivots Canada back to oil and gas in net zero retreat
London | Mark Carney has backed a major new oil pipeline project, as the former net zero champion pivots his country back towards oil and gas. The Canadian prime minister said the 998-kilometre pipeline, costing up to C$44 billion ($45 billion)…
Cost-conscious Americans choosing regular gas over premium at the pumps
Drivers across the U.S., including some behind the wheel of performance vehicles, are switching from premium gasoline to regular in a search for savings as fuel prices remain elevated. Between June 22nd and June 25th, daily sales of premium…
Teen took laughing gas before driving at couple and killing mum-of-three
Teenager Kian Bateman killed a mum-of-three after running her over outside a social club. And the defendant, who had been taking nitrous oxide before he drove his mother's Seat Ibiza at Shelley Davies and her partner David Bratcher. Now Bateman…
As higher airfares and gas prices make vacations 'crazy expensive,' small business owners say Americans are staying closer to home this summer
Small business owners in U.S. tourist destinations say they're seeing more Americans sticking closer to home this summer, trading overseas travel for road trips, choosing daylong sojourns over extended beach stays, and cooking instead of eating out…
Gas spill at Miami Gardens gas station leaves 50 gallons of fuel on street - WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
MIAMI GARDENS, FLA. (WSVN) - A gas spill in Miami Gardens left 50 gallons of fuel on a street. The incident happened near a gas station by Northwest 166th Street and 42nd Avenue. Miami-Dade Fire Rescue officials have not released the cause of the…
Scots homes forced to evacuate as vehicle crashes into gas pipe on main street
A number of Scots homes have been evacuated after a vehicle crashed into a gas pipe. The incident happened at 10am today in the North Ayrshire town of Kilbirnie and forced locals from their homes. The number of people evacuated is not yet known.
Government withdraws emergency gas curbs imposed during Hormuz disruption as LNG supplies normalise
The government has withdrawn most provisions of the emergency natural gas supply regulation order imposed during the West Asia conflict after liquefied natural gas (LNG) shipments through the Strait of Hormuz resumed following a ceasefire. In a…
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