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 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…
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…
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…
Gas prices: Holding steady with ninth straight day of decrease at the pumps
The national average price for a gallon of regular gas decreased, technically, for the ninth consecutive day on Wednesday, dropping to $4.02 per gallon, according to AAA. It was a small decrease, but a decrease nevertheless, from Tuesday, when the…
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…
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…
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…
European Gas Steadies Amid Uncertainty Over Iran Peace Talks
European natural gas steadied as uncertainty over the Iran war persisted, even as Washington's truce extension spurred cautious optimism in some markets. Benchmark futures hovered near €42 a megawatt-hour after dramatic swings in the…
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…
EARTH DAY: Three big signs the climate movement is running out of gas
Former White House chief of staff (and potential 2028 presidential hopeful) Rahm Emanuel is associated with the phrase: 'You never want a serious crisis to go to waste.' His point was parlaying voters' short-term anxiety into long-term political…
Physicists Now Understand Why a Weird Quantum Gas Refuses to Heat Up
Typically, adding energy to a system makes it hotter. But last year, scientists demonstrated that quantum systems don't always follow those patterns, finding a quantum gas that essentially refuses to heat up. After some investigating, a closely…
Trump Weighs Shipping Waiver Renewal to Ease Oil, Gas Prices
The Trump administration is weighing an extension of a maritime shipping waiver that has made it easier to move oil and gasoline between US ports as the Iran war strains energy supplies globally, according to people familiar with the matter.
Investor-Friendly Bill Seeks to Revive Bolivia's Gas Sector
Bolivia is trying to attract investors to revive its dilapidated hydrocarbons sector with an investor-friendly bill that would limit the share of revenues taken by the state. The government plans to present the proposal to congress in the coming…
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