Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Senate votes on bill to speed up projects from gas pipelines to clean energy
It's a bill that would make it easier to build big infrastructure projects in America – everything from fossil fuel pipelines to transmission lines that would add more clean energy to the grid. And it would roll back environmental and social…
Russia brings in gas restrictions after Ukraine strikes
Russia has imposed fuel restrictions in at least eight Russian regions after fresh Ukrainian strikes on the country's oil sector on the eve of a new round of U.S.-brokered peace talks between Moscow and Kyiv. A Ukrainian drone struck the Kirishi…
Anthropic joins AI's natural gas frenzy, buys $3.4B worth of turbines
AI's power crunch has become so acute that Anthropic, a company that has generally avoided buying physical infrastructure, is spending $3.4 billion on natural gas turbines. The AI company, which is planning to go public this year, is buying…
U.S. Natural Gas Futures Pick Up As Cold Spell Emerges
0901 ET – U.S. natural gas futures are solidly higher in early trading as a cold spell for the coming weekend promises to lift demand, although the boost is expected to be short-lived. “The bulls needed only a slight taste of heating…
SpaceX Plans $24 Billion Data Center and Gas Plant in Texas
SpaceX plans to construct, own and operate a gas-fired power plant and super-compute facility at its company town in Starbase, Texas, according to a notice of a public hearing on the city's website. The estimated investment for the initial phase of…
US Natural Gas Jumps as Cooler Forecasts Trigger Short Covering
US natural gas futures rose as much as 5.8% after forecasts shifted over the weekend to show substantially cooler weather across the Atlantic seaboard. Cooler outlooks signal higher demand for the furnace fuel as the winter heating season gets…
Europe's Gas Storage Problems Seen Lasting Well Beyond Winter
This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, energy reporter Anna Shiryaevskaya explores the outlook for gas inventories in Europe at the end of winter. The latest forecasts…
Kodiak Gas: Q3 Earnings Snapshot
THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Kodiak Gas Services Inc. (KGS) on Monday reported third-quarter net income of $71.5 million. The The Woodlands, Texas-based company said it had profit of 70 cents per share. The…
Jongno 3-ga: where history lives on
When I first worked in Jongno District nearly five decades ago, Jongno 3-ga was a place of teahouses and quiet storefronts. Today, it glows with neon signs, creative studios and bustling nightlife. Yet beneath these changes, its enduring spirit…
Michigan gas prices drop 38 cents in past week, getting closer to $4 a gallon
Gas prices in Michigan dropped 38 cents in the past week, AAA says, with motorists paying an average of $4.17 per gallon for regular unleaded. This continues a trend noticed last week with gas prices declining. In some cases, posted prices in…
Beetaloo locks in key licence for NT gas giant
Beetaloo Energy Australia has ticked off a major regulatory milestone at its Carpentaria gas discovery in the Northern Territory, securing a critical Retention Licence that locks down its tenure and opens the door to a full production licence. The…
Drone strike on Iraqi Kurdistan's Khor Mor gas field causes widespread blackout
An attack on the Khor Mor gas field in the Kurdistan Region of northern Iraq on November 8 has highlighted the continuing threats to the Kurdistan Region of Northern Iraq. The attack targeted a key energy facility and has caused electricity…
U.S. Gas Short Positions Reach 636,576 in Third Weekly Record
Money managers held 636,576 short positions across seven Henry Hub benchmark contracts, extending the run of weekly records to three and setting the highest level in data dating to May 2013. The latest figures were released Friday. The total spans…
Gas is about to drop below $4 for the first time since July
Here's a sight for voters' sore eyes: nearly $4 gas. The average price of gas is poised to fall below that threshold for the first time since July, driven lower by seasonal factors that are reducing demand. The national average price for a gallon…
The SNP oil and gas U-turn didn't happen last week
The SNP is now worlds away from Nicola Sturgeon 's presumption against new oil and gas exploration in the North Sea. On Thursday, John Swinney made clear that he opposes the UK Government's plan to end new licences, prompting the inevitable…
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