Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Online calculator reveals how gas and electric bills will rise in 2026
An online calculator has revealed just how much gas and electricity prices are set to soar in the New Year. A new Ofgem price cap is due to kick in, meaning the average energy bill for a dual-fuel home paying by direct debit would rise from…
Thousands of jobs saved at North Sea oil and gas firm - BBC News
Thousands of jobs are set to be saved after part of energy services firm Petrofac was bought out of administration. American company CB&I has announced it has entered into a deal to buy the firm's asset solutions business in the first quarter of…
It's a Gas | Bill McKibben
I'm writing this in the last days of the northern hemisphere's autumn in 2025. Over recent weeks we've seen a hurricane hit Jamaica with wind speeds a few hundred feet above sea level topping 250 miles per hour and a rainstorm in central Vietnam…
Ukrainian drones hit oil and gas facilities in Russia, SBU official says
World Ukrainian long-range drones hit oil product tanks in the Russian port of Temryuk and a gas processing plant in Russia's Orenburg, an official at the SBU security service told…
3,000 jobs saved two months after oil and gas firm plunged into administration
Thousands of jobs in the North Sea are set to be saved as part of energy services firm Petrofac is to be bought after a Christmas Eve announcement. American company CB&I announced on Christmas Eve that it had entered into an agreement to acquire…
Israel mulls gas exports to Cyprus
The three-way summit between Israel, Greece and Cyprus that took place this week in Jerusalem has regional ramifications due to the tightening of the alliance against the common threat of Turkey. the meetings between the leaders of the countries…
Last-minute shoppers take in last day of People's Gas Holiday Market
Last-minute shoppers take in last day of People's Gas Holiday Market CULTURAL DISTRICT. THE LAST DAY FOR THE PEOPLE'S GAS HOLIDAY MARKET IS HERE, AND PEOPLE ARE MAKING THAT MAD DASH TO FIND THOSE LAST MINUTE GIFTS. IT'S BEEN GREAT OUT HERE. WELL…
Ukraine fires Storm Shadow missiles, drones to hit Russia's oil, gas facilities
Sign up now: Get ST's newsletters delivered to your inbox Ukraine used Storm Shadow missiles to strike the Novoshakhtinsk oil refinery, a key supplier for Russian troops. Ukrainian drones targeted oil tanks in Temryuk and a gas processing plant in…
Ukraine fires Storm Shadows, drones to hit Russia's oil, gas facilities
Ukraine launched British Storm Shadow missiles and its domestically produced long-range drones to hit several Russian oil and gas facilities, Ukrainian military and security officials said on Thursday. Ukraine has previously used the British-made…
Natural Gas Week 52: Withdrawal Deepens To 158-BCF As Winter Demand Bites
The natural gas market closes out Week 52 with continued winter pressure, as a forecast -158 BCF storage withdrawal for Week 51 (December 19) pushes inventories to 3,420 BCF-125 BCF below 2024 and 70 BCF under the 5-year average. The F26 contract…
Trump Tosses Lifelines to the Struggling Coal Industry
A day after the Trump administration acted to throttle offshore wind farms, it tossed two lifelines to coal, the dirtiest fossil fuel and a favored industry of the president. The government ordered two coal-burning power plants in Indiana to…
Nat-Gas Prices Fall on Warmer Eastern Forecasts
January Nymex natural gas (NGF26) on Wednesday fell by -0.166 (-3.77%), giving back part of Tuesday's rally of +11.17% that was sparked by cold-weather forecasts. Jan nat-gas prices on Wednesday fell as forecasts shifted a bit warmer for the East…
Magnolia Oil & Gas Corp (NYSE:MGY) Receives Average Rating of 'Hold' from Analysts
Magnolia Oil & Gas Corp (NYSE:MGY - Get Free Report) has been assigned an average recommendation of 'Hold' from the fourteen research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating…
Harming Kids? Town Residents Say Fracking a Health Hazard
DENTON, TX -- Across the country, oil and gas wells in places like Pennsylvania, North Dakota, and Texas are behind what's known as the 'shale revolution.' A horizontal drilling technique called hydraulic fracturing or 'fracking' is the catalyst.
Sanctions Delay Russia's Plan to Triple LNG Output, Novak Says
Russia's ambitions to triple its annual liquefied gas production have been pushed back by several years amid international sanctions, according to Deputy Prime Minister Alexander Novak. “Our task has been to reach 100 million tons”…
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