Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Does the gas industry pay its fair share of tax?
There is a question dominating Australians' social media feeds: Is the gas industry paying its fair share of tax? Politicians, influencers and progressive think tanks are arguing over whether Australians are being ripped off by the current tax…
Wholesale Used EV, Hybrid Values Rising Amid Record Gas Prices
Electric Chevrolet Equinox SUVs on dealer lot in suburban Detroit. The average price of gasoline in the U.S. hit a four-year high of $4.18 a gallon on Monday, only days after it retreated to $4.03, according to the Triple A. Until the war in the…
What is the windfall tax on oil and gas companies and how much do they pay?
Rising oil prices have put the spotlight back on the amount of money energy firms are making since prices surged at the beginning of the Iran war. Energy firms operating in the UK are subject to a windfall tax that was introduced in 2022 to help…
Trump administration blocks US wind energy projects in switch to oil and gas
The Trump administration blocked two permitted US wind energy projects from development this week, with an agreement to pay millions of dollars in refunds to the companies behind them if those funds are reinvested in oil and gas. US Department of…
Gas prices at highest level since beginning of Iran war
The average cost of gas in the U.S. on Tuesday reached its highest level in four years — a result of skyrocketing energy prices triggered by the U.S.-Israeli conflict with Iran. The national average reached $4.18, a 40-percent jump since the…
BP's Profit More Than Doubles in Q1 as US Gas Prices Rise - TT
BP's profit more than doubled in the first quarter as the war in Iran continues and the average price for gasoline hit a new high for the year in the U.S. The oil and gas industry has been in upheaval since the start of the Iran war in February. A…
U.S. Natural Gas Futures Little Changed in Early Trade
0952 ET – U.S. natural gas futures are trading sideways with the market caught between some late-season heating demand in the north and limited cooling demand in the south. “The trend has been for the colder camp to gain momentum…
Polls, gas prices have Democrats up and GOP down on midterms
Democrats are growing increasingly optimistic and Republicans increasingly gloomy about the midterm election outlook, as polls move against President Trump and redistricting wars between the parties look like they won't make a huge difference in…
Posco ramps up industrial gas push beyond steel
Posco said Tuesday it is accelerating expansion of its industrial gas business as a future growth engine, aiming to capture rising demand from advanced industries such as semiconductors, aerospace and secondary batteries. As these sectors expand…
Fayette County coroner reports overdose from 'gas station heroin'
Someone overdosed on a drug called 'gas station heroin' for the first time in Fayette County, Coroner Bob Baker said on Tuesday. Baker blamed the overdose entirely on tianeptine, a drug that has not been approved by the U.S. Food and Drug…
Gas prices hit record high; King Charles's jaunt around DC
The president called for ABC to fire late-night comedian Jimmy Kimmel over a joke he made last week about first lady Melania Trump having the “glow” of “an expectant widow.” 🔎 Read the president's critique Keep…
Natural Gas Recovers, But Downside Risks Remain
Henry Hub is currently trading in a weak and relatively narrow range, with the front-month (May 2026, NGK26) holding around $2.50-2.57/MMBtu, with about $2.55 as the nearest short-term reference level. Over the past month the contract has lost…
Rockets and Feathers': Why Gas Prices Stay High Even As Oil Falls
There's an old saying, apparently, that in the event of any shock to energy prices — like Operation Epic Fury — gasoline and diesel prices at the pump go up like a rocket, and come down like a feather. In the half-century or so I've…
BP profits more than double as oil and gas prices soar in Iran war
BP's quarterly profits have more than doubled after a jump in oil and gas prices linked to the conflict in the Middle East. The energy company said on Tuesday that underlying profits for the first quarter were $3.2bn (£2.4bn), up by more than…
Keiyo Gas Co 1Q Net Y2.75B Vs Net Y1.83B
Keiyo Gas Co. Ltd. (9539.TO) Japan 1st Quarter Ended March 31 GROUP 2026 2025 Revenue Y37.74 bln Y37.69 bln Operating Profit Y3.68 bln Y2.52 bln Pretax Profit Y3.77 bln Y2.62 bln Net Profit Y2.75 bln Y1.83 bln Per share Earnings Y85.55 Y56.86…
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