Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Gas Supply Woes Are Delaying Bangladesh's Industrial Dreams
Inside a new Bangladeshi glass factory with a production floor nearly twice the size of a soccer field, machinery sits wrapped in tarpaulins. At a neighboring steel mill, construction has slowed and production has yet to begin. The facilities, at a…
Hidden Starship Trade: The Industrial Gas Giant Fueling SpaceX's Rockets
Ahead of the SpaceX IPO, Rothschild & Co Redburn analyst Tony Jones published a note on space propellant economics and identified an industrial-gases giant that is well positioned to dominate the market for rocket propellants and mission-critical…
U.S. Natural Gas Futures Steady in Early Trading
1015 ET – U.S. natural gas futures are steady with a milder near-term weather outlook partly compensated by recovering LNG feedgas flows. The market “is being forced to discount a further bearish tilt to the weather factor while also…
Putin's war chest hit by Ukraine's attacks on oil and gas facilities
Ukrainian troops have dealt another major blow to President Vladimir Putin, attacking the Kremlin's energy sites with hundreds of drones overnight and into Friday morning. The large-scale attack is the latest in a months-long campaign of deep…
Gas prices: Decrease at the pumps for third consecutive week
As is customary for the last three weeks, the national average price for a gallon of regular gas fell again on Friday, dropping to $4.108, according to AAA. The string of decreases began after the Memorial Day weekend holiday, traditionally…
US sanctions Cuba's state-owned oil, gas company
The State Department on Thursday announced that it will sanction Cuba's state-owned oil and gas company Unión Cuba-Petróleo (CUPET) amid escalating tensions between the U.S. and the island country. Secretary of State Marco Rubio said…
Supreme Court denies Alabama's request to move forward with nitrogen gas execution
An Alabama man facing execution by nitrogen gas was granted a reprieve on Thursday after the U.S. Supreme Court declined to overturn a lower-court ruling that deemed the method unconstitutionally cruel. The brief order from the nation's highest…
Supreme Court denies Alabama's attempt to execute Jeffery Lee by nitrogen gas
The Supreme Court late Thursday denied Alabama's request to execute a man using nitrogen gas after two lower court rulings blocked the method and found it violates the constitutional ban on cruel and unusual punishment. The high court's decision…
America Becomes India's Top Gas Supplier amid Strait of Hormuz Conflict
The United States emerged as India's top supplier of liquified natural gas (LNG) in May, CNBC reported on Thursday, fulfilling a prediction by President Donald Trump last year that America would become a “leading supplier” to the…
Casey's grew a lot, including its gas profit margins
Casey's posted record profits in its last fiscal year, fueled by surging gas margins and strong in-store sales, leaders shared during an earnings call this week. Why it matters: Gas stations are the great equalizers in our society, and purchasing…
AI Boom Has European Buyers Paying Extra to Secure Gas Turbines
Europe's race to secure power for data centers and electrification projects is becoming so intense that customers are now paying to secure a spot in production queues for gas turbines, according to Siemens Energy AG. “Demand is now so high…
Alabama asks appeals court to let nitrogen gas execution go forward tonight
Alabama has asked the U.S. Supreme Court to set aside a judge 's ban on nitrogen gas being used for executions in order to execute a man Thursday night. The eleventh-hour legal fight will determine if 49-year-old Jeffery Lee will be executed while…
Small Share of Sevastopol Gas Stations Resume Unrestricted Sales
Nine out of more than 100 gas stations belonging to a single major retailer have resumed sales in annexed Crimea's biggest city of Sevastopol as restrictions remained across other networks, authorities said Friday. Mikhail Razvozhayev, the…
U.S. Supreme Court prohibits an Alabama nitrogen gas execution. Louisiana held one last year.
ATMORE, Ala. (AP) — An Alabama man facing the death penalty by nitrogen gas was spared Thursday as the U.S. Supreme Court refused to set aside a lower-court ruling that found the method is unconstitutionally cruel, issuing a brief order that…
Arizona gas prices continue to drop as summer travel begins
Gas prices across Arizona are falling for the third consecutive week as residents begin their summer travel. The statewide average for regular gasoline has dropped to $4.46 a gallon, though Flagstaff remains the highest at $4.70. AAA attributes the…
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