Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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…
Air Liquide Revenue Rises on Gas, Services Business Strength
posted higher first-quarter revenue, boosted by its gas and services businesses performance. The French industrial-gases company said Tuesday that revenue for the three-month period rose 1.9% on a comparable basis to 6.79 billion euros ($7.96…
Vietnam Gas Major Looks to US as Iran War Reorders LPG Flows
PetroVietnam Gas JSC plans to import more liquefied petroleum gas from the US than its traditional Middle East suppliers next month, in the latest sign that the Iran war is reordering global energy flows. The state-owned gas major will bring in…
U.S. Natural Gas Futures Pick Up in Early Trade
0923 ET – U.S. natural gas futures recover ground after falling the previous two sessions, supported by some cooler near-term weather, easing production and solid LNG exports. “Historically mild weather in March-April will fade into…
All the alternative routes for Middle East oil and gas to bypass the Strait of Hormuz
The U.S.-Israeli war with Iran has disrupted shipping through the Strait of Hormuz, with only three vessels passing the waterway in one 24 hour, shipping data showed. The Strait is considered the world's most important oil chokepoint and had been…
Gas prices are expected to keep rising in the absence of a US-Iran deal
Gasoline prices are expected to turn higher in the next week as oil holds above $100 per barrel amid uncertainty over the US-Iran war. The national average rose to $4.11 per gallon on Monday, up about $0.07 from a week ago, according to AAA data.
Trump Cancels More Wind Leases to Spur Oil and Gas Investment
Two offshore wind developers will give up federal leases and instead commit funds to fossil fuel projects under agreements with the Trump administration, the Interior Department said Monday. The deals mark the latest step in the administration's…
Oil and gas explorer Finder shops $30m equity raising
Finder Energy Holdings, an oil and gas explorer capitalised at $295 million on the ASX, has sent out Barrenjoey Capital Partners, Canaccord Genuity and Petra Capital to drum up fresh cash. Fund managers have been shown terms for a $30 million…
Gas prices in Massachusetts reach $4 a gallon average for first time since 2022
Gas prices in Massachusetts have officially reached the $4 mark for the first time in more than three years. According to AAA, the average price for a gallon of gasoline in Massachusetts hit $4.03 on Sunday and then rose again to $4.05 Monday. A…
Florida gas prices dip as Miami-Dade and Broward see some of the lowest local prices in the state
Florida drivers are seeing some relief at the pump, even as market pressures continue to push prices higher. The state average for regular gas stood at $3.95 per gallon Sunday, according to AAA - The Auto Club Group, down 7 cents from a week ago.
War Has Cost Europe $32 Billion Extra in Oil and Gas Payments
The second energy crisis in four years is “significantly affecting” the bloc's economy, as well as its people, Ursula von der Leyen warned. Coordination of relief efforts at European level is needed “so that we can leverage our…
Canada's new $25B nation-building projects fund fuels fear of 'back door' oil and gas subsidies
Canada's first national sovereign wealth fund, launched Monday to support future major projects of national interest, has climate and environmental advocacy groups warning it could become another public subsidy for the country's oil and gas…
Shell reverses course in Canada and buys ARC Resources for $14 billion, doubling down on oil and gas
Nearly a decade after selling its dirtier Canadian oil sands assets amid the global transition to clean energy, Big Oil giant Shell is reversing course in Canada and buying ARC Resources for nearly $14 billion. While Shell followed the energy…
Ninja and Solo Stove Both Released Gas-Powered Fire Pits-Here's How They Stack Up
Ninja and Solo Stove both released propane-powered fire pits in the fall. Ninja's Fireside360 is a hybrid fire pit and space heater, while Solo Stove offers a safe alternative to its standard wood-fired pits. We tested both iterations to see how…
Natural gas output in Daqing Oilfield's Sichuan-Chongqing area exceeds 5 billion cubic meters, bolstering China's energy security
A view of the Sichuan-Chongqing exploration area of Daqing Oilfield Photo: China News Service The cumulative commercial natural gas output in the Sichuan-Chongqing exploration area of Daqing Oilfield has exceeded 5 billion cubic meters. With a…
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