Gas Industry News

British Gas owner buys gas-fired power station for £370m for energy 'security'

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. British Gas owner Centrica has bought a gas-fired power…

California Democrats created their state's gas crisis

California's oil and gas issues are self-inflicted, and the crisis will only get worse as California Democrats continue to blame everyone but themselves for this problem. The vice chairman of the California Energy Commission told state legislators…

Australia to Make LNG Projects Supply 20% of Gas to Local Market

Australia will require liquefied natural gas exporters to set aside a fifth of new production for the domestic market, as the government moves to curb prices and avert shortages on the populous east coast. The new system will apply to prospective…

Gas tax: How beer fuelled a debate on Australia's energy giants

Back in February, an otherwise dry senate hearing took an unexpected turn when a flustered treasury official confirmed a little known fact: Australia gets more tax from beer than gas exports. 'How do we live in a country, one of the biggest gas…

Gas bills 'no longer hostage' to international market under new laws to drop price

An east coast gas reserve will force gas giants to save 20 per cent of their export volumes for the Australian market. The new policy is expected to reduce domestic gas prices, but Energy Minister Chris Bown won't say by how much. The new scheme…

Gas companies will be forced to set aside local supply under major Labor shakeup

Gas companies will be forced to set aside 20% of exports for domestic use under a reservation scheme designed to shore up supplies and bring down prices for households and businesses on the east coast. The federal government announced the design of…

Australia Approves Offshore Gas Project to Bolster Local Supply

Australia has approved a natural gas project off the coast of Victoria state, as the major exporter of the fuel looks to offset anticipated domestic shortfalls in the more populated southeast. The federal and Victorian governments granted a…

Oracle ditches its Project Jupiter gas plant after a wave of data center backlash

Oracle is ditching a contentious plan to construct a natural gas plant to power one of its newest data centers. Instead, Oracle said last week that it will partner with fuel-cell maker Bloom Energy to generate on-site electricity. Dubbed Project…

Town of Windsor reconsiders ban on new gas stations due to budget, EV market slowdown

Adnoc's LNG Tankers Go Dark to Get Gas Shipments Through Hormuz

Abu Dhabi National Oil Co. has managed to keep a trickle of liquefied natural gas exports moving through the Strait of Hormuz by concealing tanker locations, as established producers shift tactics to navigate the conflict. At least two tankers that…

Betting on Trump's influence? How GA-14 runoff became a testing ground as prediction markets reshape 2026 elections

Don't be fooled by Labor's gas reservation populism

Sanjeev Gandhi, the chief executive of the ASX-listed explosives manufacturer Orica, has a permanent crisis team working inside his business, which sprawls across more than 130 countries. When global trade is disrupted, they spring into action…

Gas prices are spiking. So why aren't U.S. oil companies drilling more?

The closure of the Strait of Hormuz has trapped one fifth of the world's oil supply in the Persian Gulf, a crisis that the World Bank Group predicts will spike energy prices by 24 percent in 2026—the biggest increase since Russia invaded…

New gas field in waters near Twelve Apostles given green light

The Victorian and federal governments have approved plans for a company to drill for offshore gas in waters near the Twelve Apostles. Amplitude Energy says the site, 9 kilometres from the shores of Port Campbell, will provide about 4 per cent of…

Pennsylvania lawmakers consider suspending gas tax as prices keep climbing

Gas prices continue to rise, impacting just about everyone's budget. Pennsylvania state lawmakers on both sides of the aisle are talking about suspending the gas tax for some relief. According to experts, a gas tax holiday could give some…