Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Russia sees record February daily gas supply as cold snap boosts demand
MOSCOW, Feb. 3 (Xinhua) -- A record high daily volume of natural gas demand by Russian consumers was observed on Sunday, reaching 1.767 billion cubic meters, Russian state-owned energy giant Gazprom said Tuesday. High gas consumption has been…
Propel Global in SEC and Reservoir Link gas agreement
PETALING JAYA: Propel Global Bhd has entered into a memorandum of understanding (MoU) with Sabah Energy Corp Sdn Bhd (SEC) and Reservoir Link Energy Bhd to jointly explore the development of a modular gas power plant in Sabah. In a joint statement…
BP (BP) Seeks Natural Gas Licenses in Venezuela, Trinidad and Tobago
BP Plc (NYSE: BP) is one of the most undervalued stocks to buy and hold for 5 years. On January 28, Trinidad and Tobago energy minister Roodal Moonilal disclosed that BP Plc (NYSE:BP) and fellow oil giant Shell are seeking licenses from the U.S.
Natural Gas Player EQT (EQT) Projects Gaining $114M from Derivatives for Q4 2025
EQT Corporation (NYSE: EQT) is one of the most undervalued stocks to buy and hold for 5 years. On January 29, EQT Corporation (NYSE:EQT) announced that it anticipates gaining $114 million in total from derivatives for the fourth quarter of 2025, as…
Panic for Putin as EU moves to stop all Russian gas imports - £13bn lost
The EU will begin phasing out Russian gas imports, with the first contracts cancelled from April Vladimir Putin's gas export industry is set to take a major blow after the publication of new EU plans. On Tuesday (February 3) the bloc published the…
BP Investors Demand Proof That Shift Back to Oil and Gas Will Boost Returns
BP needs to demonstrate that higher spending on oil-and-gas production will deliver value for shareholders, a group of investors in the energy major said Tuesday. BP is funneling investments into its traditional fossil-fuel business after an…
Diamond Hill Large Cap Fund Bets on EQT (EQT) Citing Strong Natural Gas Demand Prospectus
Diamond Hill Capital, an investment management company, released its “Large Cap Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equity markets continued their upward momentum in Q4, with the…
Propel Global signs MoU with Sabah Energy and Reservoir Link for gas-to-power project
PETALING JAYA: Propel Global Bhd entered into a memorandum of understanding (MoU) with Sabah Energy Corporation Sdn Bhd (SEC) and Reservoir Link Energy Bhd to jointly explore the development of a modular gas power plant in Sabah. In a joint…
European Gas Prices Slide on Milder Weather Outlook, Easing U.S. Storm Concerns
0851 GMT – European natural-gas prices fall as forecasts for milder weather in the coming weeks weighed on sentiment and concerns over the impact of a massive winter storm in the U.S. eased. In early trading, the benchmark Dutch TTF contract…
Utah is proposing a gas tax restructure - Idahoans and petroleum industry aren't having it
Originally published Feb. 3 on IdahoCapitalSun.com. A bill aimed to reassess Utah's gas tax structure hasn't yet been filed, but it is already fueling tensions. And controversy is not only coming from industry players, but also from the Idaho…
St. Petersburg draws nine proposals for Historic Gas Plant development
Nine developers are vying for a chance to leave their mark on one of St. Petersburg 's most consequential projects. Why it matters: Whatever goes up on the 86 acres of prime downtown real estate will shape St. Pete's future and determine whether…
Governor inaugurates oil and gas conservation awareness initiative
SAKSHAM 2025-26, the oil industry's flagship awareness initiative which promotes conservation of oil and gas and adoption of sustainable energy practices, was inaugurated by Kerala Governor Rajendra Vishwanath Arlekar, here on Tuesday. Mr. Arlekar…
Siemens Energy Investing $1 Billion in U.S. to Boost Grid, Gas Turbine Equipment Production
Siemens Energy is investing $1 billion in the United States to boost production of grid and gas turbine equipment. Siemens Energy announced the investment in a press release on Tuesday, saying it is “to support strong growth in the U.S.
Falling ice may have caused natural gas explosion at NH building
Falling ice may have caused natural gas explosion at Nashua, New Hampshire building HAVE CAUSED CAUSED THIS. HEY, GOOD MORNING GUYS. FIRST OF ALL, THE VERY LATEST FROM NASHUA. ONE FIREFIGHTER HAS BEEN RELEASED FROM THE HOSPITAL. WE'RE TOLD TWO…
U.S. Forest Service revises federal oil and gas leasing framework to enable higher production
The U.S. Forest Service, in cooperation with other federal agencies, has completed a significant overhaul of its oil and gas leasing regulations for federal lands within the National Forest System (NFS). The new rules were developed to create a…
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