Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
There is no justification for the expansion of North Sea gas
I was surprised to read Nils Pratley's recent column arguing for more North Sea gas (The UK needs more North Sea gas, not greater reliance on US imports, 14 April). Nils rightly questions reliance on costly and highly polluting imported US…
Pakistan Rushes to Buy LNG From Spot Market to Ease Gas Shortage
Pakistan is looking to buy liquefied natural gas from the expensive spot market for the first time in over two years as the government rushes to ease an energy shortfall triggered by the conflict in the Middle East. State-owned Pakistan LNG Ltd.
Tesla Says EV Orders Benefitted From Soaring Gas Prices
On Wednesday, Tesla reported a “resurgence” in global demand, including a “slight growth in the United States,” and its highest first-quarter order backlog in two years, despite the brutal blow the Trump administration…
Urgent action on oil and gas decommissioning could create 25,000 jobs - report
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. A think tank has called for “urgent action”…
Gas companies spending millions on Australian advertising blitz to fight export tax, inquiry told
The gas giants are mounting a multi-million dollar advertising campaign to fight against a new export tax, prompting Labor MP Ed Husic to accuse the industry of “defending the indefensible”. Shell Australia is among half-a-dozen oil…
French activists sue 'deceptive' laughing gas suppliers
A French campaign group said on Wednesday it has sued companies selling nitrous oxide – also known as laughing gas – using what the activists alleged was “deceptive” marketing targeting young people, despite the health…
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 the past 24 hours, shipping data showed. The Strait is considered the world's most important oil chokepoint and had…
Spectacularly ill-advised': Energy sector condemns gas tax
Representatives from Australia's resources industry have fiercely argued against introducing a 25 per cent on gas exports or increasing the petroleum resource rent tax (PRRT) on windfall profits a day after those in favour of a gas tax made their…
China's Factory Hub Faces Gas Price Shock as War Tightens Supply
The Chinese industrial hub of Guangdong, an economic powerhouse comparable in size to South Korea, has seen some electricity prices almost double due in part to constraints on the supply of natural gas from the Middle East. The coastal province…
Urgent action on oil and gas decommissioning could create 25,000 jobs - report
A think tank has called for “urgent action” to ensure oil and gas companies decommission old North Sea infrastructure, saying doing so could create up to 25,000 jobs and deliver a £15 billion economic boost. A report by Redwater…
Are consumers finally cracking under the weight of $4 gas?
After showing remarkable resilience over the past two months as the Iran conflict sent energy prices soaring, consumers are beginning to pull back. Or so says a new Goldman Sachs survey of convenience store retailers on Wednesday. The survey…
Analysts See 94 Billion-Cubic-Foot Rise in U.S. Natural Gas Inventories
U.S. natural gas inventories likely saw an above-average build last week as mild spring weather kept a lid on heating demand, according to a Wall Street Journal survey of analysts. Gas stored in underground facilities is expected to have increased…
Australian Gas Exporter Santos Streamlines Business to Cut Costs
Santos Ltd. is restructuring the company's oil and gas business in order to cut costs, according to an internal notice seen by Bloomberg, after a string of stymied takeover bids in recent years that have raised pressure to increase shareholder…
How the Iran war oil and gas supply shock compares with past disruptions
The U.S.-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record by daily output lost, though at least one earlier shock had a greater cumulative impact, according to Reuters…
Landholders band together against coal seam gas development
The Toprain Farming Collective is calling for greater protection for priority agricultural and strategic cropping land in central Queensland. It comes as Comet Ridge is proposing an expansion and further development of the Mahalo Gas Hub. The…
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