Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

'Unrealistically Ambitious': CIBC on Feds' Oil and Gas Emissions Cap Goal for 2030
Ottawa's push to have oil and gas companies cut emissions by at least one-third of 2019 levels by 2030 is not only “unrealistically ambitious” but also risks curtailing production, CIBC says. “The timing of the cap remains…

EU country still buying Russian gas - media
The Netherlands continues to import Russian gas despite earlier pledges to stop the practice, news outlet RIA Novosti reported on Saturday, citing Dutch statistics data. According to the report, in September the EU country imported some 211.5…

'No more N1,100/kg': FG introduces special policy to crash cooking gas price
The Nigerian government has waived customs duty and VAT from LPG imports in Nigeria The directive is contained in a letter by the Ministry of Finance and government agencies FG also removed VAT and customs duty on LPG accessories like cylinders and…

British Gas tells wheelchair-user who couldn't reach meter to pay £4k
A woman was asked to fork out over £4,000 - because she couldn't reach her meter. Kate Daly, 26, has cerebral palsy and uses a wheelchair. She was asked to pay up by British Gas due to her mobility issues, reports The Mirror. Kate has…

Angry Adrian to 'freeze' this winter after council bans gas canisters from home
A cash-strapped tenant battered by the cost of living crisis is being 'forced to freeze' by a council this winter - after having six butane gas canisters removed from his home. Money-conscious Adrian Foster was trying to save on his bills by using…

'Dragon gas coming'
Prime Minister Dr Keith Rowley recently stated that commercial access to Venezuela's Dragon gas field is the “lifeblood” of Trinidad and Tobago. What an embarrassing acknowledgement of failure and bankruptcy. And look at the neighbour…

Residents caught up in deadly Edinburgh gas blast face having homes demolished
Dozens of residents rocked by a gas explosion in their street have been unable to return to their homes and some fear their properties may have to be pulled down. The blast last week killed James Smith, 84, and injured neighbours Robert Taylor and…

Major gas pipeline explodes in Louisiana Reuters: Mushroom cloud reported, residents evacuated 3rd blast in 5 days for state
Reuters, 1:25p ET (h/t Anonymous tip): A major natural gas pipeline exploded on Tuesday in Washington Parish, Louisiana, destroying a mobile home and causing an evacuation of the area but no injuries were reported, local officials said. The blast…
Greenpeace billboard labels government 'climate extremists' over oil and gas exploration plans
Anyone promoting more fossil fuel use in the midst of a climate crisis deserves to be called out as 'extremist', Greenpeace's executive director Russel Norman says. Greenpeace Aotearoa has erected a billboard near Parliament in Wellington in…

2 Mega Millions tickets sold at same Southern California gas station hit $395 million jackpot
ENCINO, Calif. -- The latest Mega Millions drawing proved anything is possible after two tickets purchased at the same Southern California gas station each hit the $395 million jackpot. California Lottery officials announced Saturday that both…
50 biggest and best stocks to buy in 2024: Stifel
A true recession never hit the US, encouraging impressive returns for the S&P 500 this year. Stifel's Barry Bannister says the growth stocks that drove the market higher will falter in 2024. He encourages investors to focus instead on cyclical…

Renewables' growing price advantage over fossil fuels paves way for industry dominance
Renewables are reaching the point where they are outcompeting fossil fuels on price — setting the stage for their predicted dominance of the energy sector by midcentury. When it comes to the surging demand for new electric generation, wind…
COP28 pledges meet only 30% of needed energy emission cuts, says IEA
Pledges made so far at the COP28 climate summit will only reduce energy-related greenhouse gas emissions by 30% of what is needed by 2030, the International Energy Agency said on Sunday, December 10. 'While the pledges are positive steps forward in…

Solid Jobs Report Was Just Right For Markets
After softer jobs and inflation readings, it allowed an easing of concerns that the Federal Reserve would continue to raise short-term interest rates. The expectation that we had seen the last hike of the cycle raised hopes that the U.S. economy…

Could Oklahoma replace its tax at the gas pump? Replacement mileage tax has its own challenges
Transportation Secretary Tim Gatz sees challenges ahead as the state looks at whether to replace taxes paid by drivers at the gas pump with user fees charged depending on miles driven. In a recent presentation to the Oklahoma Transportation…
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