Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump rolls back methane rules for US oil and gas industry
US President Donald Trump announced on Tuesday plans to significantly ease restrictions on methane emissions from oil and gas producers, targeting regulations aimed at limiting the release of the potent greenhouse gas. The regulations were…
Chancellor abolishes standing charges on gas bills to make payments fairer
Action from the Chancellor and Energy Secretary will make the energy system fairer and give some families breathing space. Budget will “draw a line in the sand” on energy policy that has left billpayers exposed, giving families…
LA pushes oil drilling shutdown despite industry warnings of lawsuits, gas price hikes
Los Angeles is pushing ahead with a sweeping 20-year shutdown of oil drilling across the city after the Council voted 13-0 Wednesday, despite warnings from oil companies of costly lawsuits, property rights violations and increased dependence on…
Wholesale gas touches €100. Will it affect UK energy bills?
Gas supplies in Europe remain tight ahead of a cold winter, as Brits continue to feel the pinch from sky-high energy bills. Europe's benchmark natural gas briefly hit €100 per megawatt hour (MWh) on Wednesday, the highest it has risen since…
Leaked letter reveals regulator's 'concerns' about gas giant Santos
Australia's offshore oil and gas regulator says it holds concerns about continued non-compliance at gas giant Santos's multi-billion-dollar Barossa project. Economists and environmentalists have accused Santos of ignoring the problem, which they…
Liberty Systems Triples Its Footprint with New 100,000-Square-Foot Headquarters as U.S. Manufacturers Move to Make Their Own Industrial Gas
The move comes as more manufacturers, food packagers and brewers look to produce industrial gas on-site rather than rely on delivered cylinders and bulk tanks. Liberty Systems has delivered more than 5,000 systems that let customers make their own…
U.S. Natural Gas Futures Rise in Early Trading
0919 ET – U.S. natural gas futures are higher with the expiring November contract recovering for a second session. Mild near-term temperature forecasts have kept downward pressure on prices, while several months of below-average storage…
Gas works in Felixstowe to shut two roads until February
Two residential roads in a town are to be shut for months to allow for gas engineering works. The scheme involves replacing 1,100m of ageing gas pipes in Garrison Lane and Chaucer Road in Felixstowe in Suffolk. The project, which began on 16…
Standing charges to be scrapped from gas bills next year - Treasury
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. Standing charges on gas bills will be scrapped from next…
Standing charges to be scrapped from gas bills next year - Treasury
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Standing charges on gas bills will be…
Tanzania celebrates first natural gas discovery in more than 10 years
Tanzania has announced a significant discovery of natural gas in the Mnazi Bay area in the south of the country - the first such find in a decade. Energy Minister Juma Homera attended a ceremony at the Kasa-1X ST2 well, which is jointly owned by…
European Gas Hits €100 for First Time Since 2022 Energy Crisis
European natural gas surged through €100 a megawatt-hour for the first time since the 2022 energy crisis, reviving fears of another damaging price shock just as the region heads into its peak demand season. Benchmark futures jumped more than…
Gas standing charge removal welcomed amid warnings a tough winter remains ahead
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Removing standing charges from gas bills has…
Budget to remove 'unfair' standing charges on gas bills - saving millions money
'Unfair' standing charges will be removed from gas bills in today's Budget in a move set to save millions of British families money. Chancellor John Healey will unveil the measure in his first economic statement to the country this afternoon…
All the key things in Healey's Budget - from gas bills to council tax and banks
John Healey has unveiled a raft of measures in his first Budget since becoming Chancellor. Mr Healey confirmed standing charges on gas bills will be abolished, and announced banks would be hit with higher taxes to help tackle the cost-of-living…
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