Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Gas crisis divides industry amid claims culprit getting away 'scot-free
As he stood at a lectern in Perth's convention centre, Peter Coleman must have known he would be inviting trouble. It was May 2017 and the then chief executive of Australia's biggest oil and gas company, Woodside, was there to deliver some home…
Opinion: Oil patch M&A boom signals confidence in Canada's gas export superpower strategy
Please log in to bookmark this story. Create Free Account Canadians have always appreciated validation from foreigners. Last week, London-based Shell PLC validated the country's potential as an energy superpower by closing its $22-billion takeover…
Warm Winter Forecasts Offer Relief to Europe's Meager Gas Stores
Europe's natural gas markets may get a helping hand from weather conditions in the upcoming heating season, with a growing consensus among forecasters that an unusually mild autumn and winter will curb demand. If the forecasts are correct, it would…
Germany Faces Winter Gas Shortage Risk as Storage Lags
Germany is risking gas shortages this winter if it turns out to be colder than previous years, the country's gas storage association has warned. With current gas storage levels at 54.52%, the industry association, INES, said the best it could do by…
A Stock Trader's Guide to Europe's Gas Rally
Europe's highest natural gas prices in three years are causing stock-market professionals to size up the likely winners and losers as the continent heads into winter. While energy producers and beneficiaries of greater inflation are seen profiting…
Afghanistan, Saudi Arabia sign gas pipeline deal
Saudi Arabia's Delta Energy Group on Monday signed landmark agreements with Afghanistan 's Ministry of Mines and Petroleum covering oil and gas exploration across approximately 9,000 square miles in western Afghanistan. The agreements also include…
Europe Gas Nears Three-Year High as Traders Race to Fill Storage
European natural gas prices hit a fresh three-year high as traders race to fill fuel storage facilities ahead of winter, while awaiting details of an Iran-Oman deal on shipping through the Strait of Hormuz. Benchmark futures rose as much as 3.4%…
Gas prices reach Labor Day high amid Iran war
The average price of gas going into this Labor Day weekend reached a record holiday high compared to past years at $4.14 a gallon, according to a national tracking average from AAA. The previous record for Labor Day was $3.82 in 2012. The high…
Michigan gas prices drop 12 cents in a week, but diesel costs surge
Gas prices in Michigan are down 12 cents from a week ago, AAA-The Auto Club group said in its latest weekly report. Michigan drivers are now paying an average of $4.03 per gallon for regular unleaded. This price is 17 cents less than this time last…
Regulator urges homeowners to check their gas engineers' credentials
A poll of 2,000 homeowners found Gen X and Boomers are more inclined to look for 'traditional' signs of professionalism in tradespeople, such as a friendly and professional manner (61%). Just 14% from older generations would trust a tradesperson…
A Labor Day gas record, Amazon's deadly jet crash, the rise of the CISO and more in Morning Squawk
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. It's the first day with Canada's reciprocal tariffs in effect. President Donald Trump is now saying Canadian planemaker Bombardier…
Talarico Goes to Hollywood: TX Dem Teams With GA Jon Ossoff to Grift From the Gullible Glitterati
Remember when Democrat candidate for U.S. Senate James Talarico launched his campaign last September? He stood in a rusted-out truck bed and railed about billionaires and oligarchs wanting to keep the common man divided, and how the common people…
Could gas prices return to 2022 highs on US-Iran war?
AFP examines the severity of the current spike, comparing it with energy price shocks in the wake of Russia's invasion of Ukraine. Since the 2022 Russia invasion, the European Union has required member states to fill their gas reserves each year to…
EDITORIAL: Don't overlook California's role in Nevada's high gas prices
The biggest long-term problem facing Nevada drivers isn't what happens in the Strait of Hormuz. It's California's war on fossil fuels. On Labor Day, the average price of gas in Nevada was almost $5 a gallon. According to AAA, that's well above the…
Surging California gas prices set records at the pump on Labor Day
Fuel prices in California have surpassed the national average over the Labor Day weekend –– making it the most expensive gasoline market in the US. The average price of a gallon of diesel in the Golden State was recorded to be $7.8256…
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