Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Putin eyes 'more profitable' markets for Russian gas amid Middle East chaos
Russian President Vladimir Putin said a spike in global energy prices is opening the door to more profitable gas markets for his country. 'Now other markets are opening up. And perhaps it would be more profitable for us to stop supplying the…
Gas Prices Spiking After Trump's War in Iran
Can't-miss innovations from the bleeding edge of science and tech The Trump administration's war with Iran has forced oil and gas tankers and cargo ships to a standstill in the Strait of Hormuz, a critical passage in between the Persian Gulf and…
Gov't Issues Security Crisis Alert for Oil and Gas
The government issued a lowest-tier resource security crisis alert for oil and gas on Thursday amid growing concerns that the Middle East crisis could disrupt energy supply and demand. The Ministry of Trade, Industry and Resources announced it had…
Spike in gas prices over Iran strikes puts Trump on defense
A spike in energy prices due to the ongoing U.S. strikes on Iran has put the Trump administration on the defensive. Low oil and gasoline prices have long been part of the White House's pitch to voters. Now that they're on the rise, key officials…
Adani Triples Gas Price for Large Users as War Disrupts Supply
Adani Total Gas Ltd. tripled the prices of gas supplied to industrial consumers beyond 40% of their daily allocation, as the war in the Middle East squeezes fuel availability. The company, which provides natural gas to homes, industries and…
Putin considers cutting last remaining Russian gas supplies to EU
A smirking Vladimir Putin has threatened to halt gas supplies to Europe and Britain amid a spike in energy prices triggered by the Iran crisis. Oil and gas prices have soared following the US and Israeli attack on Iran and Tehran's strikes on Gulf…
Stock market falls resume as US-Israel war with Iran drives up oil and gas prices
A market sell-off resumed on both sides of the Atlantic on Thursday as fears mounted that there would be no quick resolution to the conflict in the Middle East. Early gains in European markets, which had followed a rebound in Asia, were wiped out…
Russia issues warning to Europe over gas supplies
Russia 's government is scheduled to meet to discuss halting gas exports to Europe, following President Vladimir Putin's warning that supplies could be cut 'right now' amid a spike in energy prices. Putin linked this potential decision to the…
Antitrust regulator to inspect gas stations for price gouging
The state antitrust regulator said Friday it will closely monitor possible price gouging practices of gas stations across the country and take necessary measures as fuel prices recently soared amid the military conflict in the Middle East. 'We will…
Daily on Energy: Trump's message on gas prices, insurance for imperiled oil ships, and Noem out
It remains to be seen what specific steps the administration will take, besides providing financial and physical support for vessels traveling through the Strait of Hormuz. Though the U.S. might not be alone in that, as Lloyd's of London has…
BYD just killed your EV argument with a battery that competes with gas engines
BYD just destroyed any remaining argument against electric vehicle adoption. At a March 5 launch event in Shenzhen, China, it announced the Blade Battery 2.0, a new battery that can drive more than 621 miles on a single charge. In the process, the…
Montana gas prices jump 20 cents in one week
Gas prices in Montana spiked in the past week after the war in Iran sent crude oil prices soaring. According to AAA, the statewide price for a gallon of gas almost reached $3 Thursday, up over 20 cents from $2.79 the previous Thursday. In Missoula…
Push for gas tax as LNG exports reap huge profits after one week of war
Labor is facing a mounting push from crossbench MPs, trade unions and energy experts to impose a new tax on gas exporters' windfall profits and to shield Australian households from the threat of a looming energy price shock sparked by the conflict…
Oil & Gas Prices Resume Rise as Disruption in Middle East Mounts
In afternoon trading in Europe, Brent crude trades up 2% to $82.99 a barrel. The U.S. benchmark, West Texas Intermediate rises 2.1% to $73.26 a barrel. European natural gas prices trades higher, with the most-active TTF front-month contract rising…
Trump shrugs off rising gas prices to reporters - 'If they rise, they rise'
President Donald Trump stated on Thursday that he was unconcerned by rising U.S. gas prices, which have been driven by the escalating conflict with Iran. In an exclusive interview with Reuters, Trump emphasized that the ongoing U.S. military…
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