Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
South Florida gas stations report gas shortages as prices are reported to be the highest in 4 years, AAA says
Gas prices have reached their highest daily average since March 2022, according to AAA. On Wednesday, the national average was $4.22, while the average price in Florida reached $4.15 per gallon. The surge in prices eclipsed the previous 2026 record…
Nippon Gas Co FY Net Y14.82B Vs Net Y11.55B
Nippon Gas Co. Ltd. (8174.TO) Japan Year Ended March 31 GROUP 2026 2025 Revenue Y208.48 bln Y200.06 bln Operating Profit Y21.28 bln Y18.55 bln Pretax Profit Y21.22 bln Y18.58 bln Net Profit Y14.82 bln Y11.55 bln Per share Earnings Y136.69 Y104.46…
GM to invest $340 million in gas cars as EV demand plummets
General Motors is making a fresh $340 million investment in its US plants. The latest investments will help ramp up production of gas-powered vehicle components amid a nationwide slowdown in demand for EVs. They'll go toward two propulsion…
Toho Gas Co FY Net Y31.45B Vs Net Y25.45B
Toho Gas Co. Ltd. (9533.TO) Japan Year Ended March 31 GROUP 2026 2025 Revenue Y651.09 bln Y656.01 bln Operating Profit Y31.78 bln Y30.89 bln Pretax Profit Y37.88 bln Y32.41 bln Net Profit Y31.45 bln Y25.45 bln Per share Earnings Y83.76 Y62.95…
Pune Chlorine Leak: Residents Hospitalised After Gas Leak
A chlorine gas leak in Pune, originating from an abandoned water purification plant, led to the hospitalisation of residents and fire personnel, raising concerns about industrial safety. Chlorine gas leak in Pune hospitalised 22 residents and two…
EA Gibson Shipbrokers and SOGDC Consortium Sign MoUs to Advance Integrated Energy Hub at Sipitang Oil & Gas Industrial Park
EA Gibson Shipbrokers Ltd (“Gibson”), the London-based shipbroker and project development adviser leading the consortium for the Sipitang Oil and Gas Industrial Park (“SOGIP”) energy hub, today announces the exchange of…
BP and Venezuela Sign Pact to Explore for Offshore Gas
BP Plc and Venezuela agreed on a deal to explore for natural gas offshore as the South American country's energy revival gathers pace following the US capture of Nicolas Maduro. The memorandum of understanding between BP and Caracas establishes…
US gas prices surge to over $4.22 a gallon, the highest in 4 years
On Wednesday, the average price of regular gas in the US climbed to over $4.22 per gallon, according to AAA. That's the highest level since 2022, when global oil markets were rattled by Russia's invasion of Ukraine. Prices have steadily climbed…
BKV Corporation (BKV): David Einhorn Is Buying This Gas Stock
We just covered 15 Under-the-Radar Picks from David Einhorn That Are Quietly Dominating 2026 and BKV Corporation (NYSE:BKV) ranks 11th on this list. BKV Corporation (NYSE:BKV) is a new addition to the 13F portfolio of Greenlight Capital. Filings…
Prime Minister's backdown on gas tax comes at a cost
You have reached your maximum number of saved items. Remove items from your saved list to add more. Anthony Albanese's backdown on the proposed gas tax is yet another in a long line of disappointments from a government with a whopping majority yet…
OMV's Top Line Falls on Lower-Gas Prices and Oil Sales
Austrian oil-and-gas company said first-quarter revenue was hit by lower-gas prices and a drop in oil sales, but that higher refining margins in its chemicals business offered some support. OMV said revenue on a cost-of-supplies basis fell 6% on…
Doubling of Australia's Battery Capacity Cuts Reliance on Gas
Batteries are helping cut Australia's reliance on natural gas and lowering electricity costs, according to the main grid's operator. Battery capacity more than doubled between March last year and this year, according to the Australian Energy Market…
US gas prices hit $4.23 average: Map shows prices per state
The U.S. nationwide average gas price has climbed to $4.23 per gallon as of Wednesday, according to data from the American Automobile Association (AAA), up from $2.98 before the start of the war in Iran. It is a new, grim record that will be felt…
Trump summoned oil and gas execs to White House
President Donald Trump and his top officials met with oil and gas executives, including Chevron CEO Mike Wirth, at the White House on Tuesday. The meeting, reported by Axios on Wednesday, addressed the energy fallout of the Iran war and other…
Analysts See 79 Billion-Cubic-Foot Rise in U.S. Natural Gas Inventories
U.S. natural gas inventories likely saw an above-average increase last week as mild spring weather limited demand, according to a survey of analysts by The Wall Street Journal. Natural gas stored in underground facilities is expected to have risen…
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