Gas Industry News
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Trump is an absolute disaster for the oil and gas industry
You have reached your maximum number of saved items. Remove items from your saved list to add more. Add articles to your saved list and come back to them anytime. The bittersweet joke in energy circles is that the Nobel committee should create a…
Bill protecting oil and gas industry from climate-related lawsuits goes to Stitt
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Major' Indonesian natural gas find announced
Italian energy giant Eni has announced a 'major' discovery of natural gas off Indonesia's coast, which the government said would triple the European company's production in the country by 2028. SCROLL TO CONTINUE WITH CONTENT The Southeast Asian…
Chris Wright retreats on gas price prediction after Trump disagreement
He said that prices are still far lower than they were during the Biden administration, which saw prices surge to more than $5 a gallon due to post-pandemic demand growth, global supply constraints caused by Russia's invasion of Ukraine, and other…
U.S. Natural Gas Futures Continue Rangebound
0945 ET – U.S. natural gas futures continue trading in a tight range typical of the low-demand spring shoulder season. “The mild end to the winter helped replenish gas stocks and the mild weather has continued into April to weigh on…
Britain should look to biomethane to expand gas supply | Letter
Chris Huhne points out that the UK is not limited to a choice of North Sea drilling or more imports of liquefied natural gas Nils Pratley is right to highlight the continuing role of gas in the UK energy system and the risks of growing dependence…
Why are UK electricity prices linked to gas - and what does it mean for energy bills?
Government has shaken up the way electricity is priced as British costs are among the highest in the world The second global energy crisis of this decade has reignited questions about Britain's grid strategy, specifically: why does it continue to…
Gas prices: Decrease at the pumps for eighth consecutive day
The national average price for a gallon of regular gas decreased for the eighth consecutive day on Tuesday, falling to $4.022 per gallon, according to AAA. Before the recent string of drops, fuel costs had been soaring due to the military conflict…
March retail sales jump on higher gas prices, Commerce Department says
April 21 (UPI) -- Retail sales rose by 1.7% in March mostly due to high gas prices from the ongoing conflict with Iran, the Commerce Department announced Tuesday. It was the fastest monthly change in three years, according to a release. Retail…
Italy Rising Power Costs Reveal Gas Reliance That's Hard to Diversify
The war in Iran has forced Italy to reckon with a dependence on gas that's exposed the country to bigger energy spikes than its peers and put hard-won economic progress at risk. Month-ahead wholesale electricity contracts remain 3% above pre-war…
Trump officials give mixed gas price messages
President Trump and his Cabinet officials are offering mixed messages on gas prices as Americans grow increasingly uneasy over the Iran war's economic impact. Energy Secretary Chris Wright told CNN on Sunday that gas prices may not drop back below…
Iran War Pushes Gas Past $4 - but Americans Aren't the Worst Off
The price of gasoline and diesel fuel, as well as things like home heating oil, is still elevated due to the on-again, off-again attempts by Iran to close the Strait of Hormuz. That doesn't affect American supplies, but due to the global nature of…
US Natural Gas Ticks Down on Mild Weather, Growing Surplus
US natural gas futures fell slightly as weather forecasts shifted warmer, indicating slightly lower demand for the heating and power-plant fuel. Expectations that domestic stockpiles will move higher above the five-year average may also be putting…
Gas giants should share their windfall profits
You have reached your maximum number of saved items. Remove items from your saved list to add more. As another former Shell executive, I strongly support Idris Jala's suggestion that a windfall profits tax should be imposed on our LNG exports…
Shell faces new court case over oil and gas investments
British energy giant Shell is facing a new legal challenge in the Netherlands, as a Dutch climate activist group demands an immediate end to its investments in new oil and gas projects. The lawsuit from Friends of the Earth Netherlands comes amid…
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