Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
There is no justification for the expansion of North Sea gas
I was surprised to read Nils Pratley's recent column arguing for more North Sea gas (The UK needs more North Sea gas, not greater reliance on US imports, 14 April). Nils rightly questions reliance on costly and highly polluting imported US…
Urgent action on oil and gas decommissioning could create 25,000 jobs - report
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. A think tank has called for “urgent action”…
Gas companies spending millions on Australian advertising blitz to fight export tax, inquiry told
The gas giants are mounting a multi-million dollar advertising campaign to fight against a new export tax, prompting Labor MP Ed Husic to accuse the industry of “defending the indefensible”. Shell Australia is among half-a-dozen oil…
French activists sue 'deceptive' laughing gas suppliers
A French campaign group said on Wednesday it has sued companies selling nitrous oxide – also known as laughing gas – using what the activists alleged was “deceptive” marketing targeting young people, despite the health…
Spectacularly ill-advised': Energy sector condemns gas tax
Representatives from Australia's resources industry have fiercely argued against introducing a 25 per cent on gas exports or increasing the petroleum resource rent tax (PRRT) on windfall profits a day after those in favour of a gas tax made their…
Urgent action on oil and gas decommissioning could create 25,000 jobs - report
A think tank has called for “urgent action” to ensure oil and gas companies decommission old North Sea infrastructure, saying doing so could create up to 25,000 jobs and deliver a £15 billion economic boost. A report by Redwater…
Are consumers finally cracking under the weight of $4 gas?
After showing remarkable resilience over the past two months as the Iran conflict sent energy prices soaring, consumers are beginning to pull back. Or so says a new Goldman Sachs survey of convenience store retailers on Wednesday. The survey…
Analysts See 94 Billion-Cubic-Foot Rise in U.S. Natural Gas Inventories
U.S. natural gas inventories likely saw an above-average build last week as mild spring weather kept a lid on heating demand, according to a Wall Street Journal survey of analysts. Gas stored in underground facilities is expected to have increased…
Australian Gas Exporter Santos Streamlines Business to Cut Costs
Santos Ltd. is restructuring the company's oil and gas business in order to cut costs, according to an internal notice seen by Bloomberg, after a string of stymied takeover bids in recent years that have raised pressure to increase shareholder…
How the Iran war oil and gas supply shock compares with past disruptions
The U.S.-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record by daily output lost, though at least one earlier shock had a greater cumulative impact, according to Reuters…
Landholders band together against coal seam gas development
The Toprain Farming Collective is calling for greater protection for priority agricultural and strategic cropping land in central Queensland. It comes as Comet Ridge is proposing an expansion and further development of the Mahalo Gas Hub. The…
Gas prices: Holding steady with ninth straight day of decrease at the pumps
The national average price for a gallon of regular gas decreased, technically, for the ninth consecutive day on Wednesday, dropping to $4.02 per gallon, according to AAA. It was a small decrease, but a decrease nevertheless, from Tuesday, when the…
European Gas Steadies Amid Uncertainty Over Iran Peace Talks
European natural gas steadied as uncertainty over the Iran war persisted, even as Washington's truce extension spurred cautious optimism in some markets. Benchmark futures hovered near €42 a megawatt-hour after dramatic swings in the…
EARTH DAY: Three big signs the climate movement is running out of gas
Former White House chief of staff (and potential 2028 presidential hopeful) Rahm Emanuel is associated with the phrase: 'You never want a serious crisis to go to waste.' His point was parlaying voters' short-term anxiety into long-term political…
Watch US Economy: BofA Sees Resilient Consumers Despite Higher Gas Prices
BofA Sees Resilient Consumers Despite Higher Gas Prices Holly O'Neill, president of consumer, retail, and preferred banking at Bank of America, discusses the details of the firm's latest consumer checkpoint.
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