Gas Industry News
A collection of Gas latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Funds Turn Long on European Gas as Prices Soar 30% in a Week
Funds and other speculators shifted to net long positions in European gas, as unusually cold weather and short covering drove future prices up 30% in a week. The move into long territory followed a reduction in net short positions in the week…
US Natural Gas Jumps Over 50% This Week as Freeze Takes Hold
US natural gas futures gained more than 50% in two days, with freezing temperatures taking hold of swathes of the country and lifting demand for heating. Contracts are on track for their biggest weekly gain in over 35 years. An Arctic cold front is…
Natural Gas Surges 29% as Forecasts Show Arctic Blast Across US
Natural gas futures soared 29% as forecasts turned much colder over the long holiday weekend in the US, calling for a deep freeze to grip much of the country during the weeks ahead. While stockpiles of the fuel were slightly above normal earlier…
Natural gas prices jump 25% as winter storm approaches
Natural gas prices skyrocketed Tuesday as half of the country braces for a huge winter storm projected to hit this weekend. The National Weather Service forecast a mix of winter weather that will bring “hazardous” cold, freezing rain…
No ban on gas boilers in UK warm homes plan but heat pumps get £2.7bn push
There will be no phaseout date for gas boilers in the government's warm homes plan despite its pledge to wean the UK off fossil fuels, but billions of pounds will go towards heat pumps and insulation upgrades. Labour's principal attempt to solve…
Turkey in Talks With Chevron for Joint Oil, Gas Exploration
Turkey's state energy company is in talks with Chevron Corp to jointly explore for oil and gas, according to a Turkish official familiar with the discussions. Turkish Petroleum Corp, known as TPAO, would work with Chevron on seismic studies and…
GA's Martin Escobari on AI Fueling New Opportunities
General Atlantic Co-President Martin Escobari tells Bloomberg Surveillance that the AI-driven digital transformation and recent market stress are creating new opportunities - but with US assets expensive, he sees global diversification as essential…
Natural-Gas Prices Surge on Frigid Weather
Natural-gas prices are having one of their biggest one-day gains in years, with February futures trading more than 20% higher Tuesday morning due to the blast of cold over the long weekend and forecasts for even chillier weather ahead. Prices…
Ecopetrol Eyes Gas Imports if Trump Eases Venezuela Sanctions
Colombia's state energy company is taking preliminary steps to resume importing natural gas from neighboring Venezuela in anticipation that the US will ease sanctions, according to people familiar with the matter. Ecopetrol SA has recently held…
Natural gas prices soar as cold snap blasts across the U.S.
Heating demand could spike as freezing temperatures are expected across the U.S. this week. Chip Somodevilla | Getty Images Natural gas prices soared on Tuesday, as heating demand is expected to spike due to a blast of frigid weather across the…
Generating income: This natural gas stock has paid a dividend for more than a century
National Fuel Gas Company's (NFG) origin is among the oldest in the U.S. energy business, dating back to the early 1800s. The company's precursor drilled the nation's first natural gas well for commercial use in Fredonia, New York in 1825 to power…
'Tear gas for sharks': Non-lethal barriers proposed for Australian beaches
, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. In 1937, when Australian states started trying to reduce the risk of shark attacks, the best approach available was to stick a large…
Denver warns of illegal psilocybin chocolates for sale at gas stations, stores
Getting your Trinity Audio player ready... Denver officials are warning consumers that they have found edible products made with psilocybin mushrooms for sale, illegally, at local gas stations and smoke shops. Officials recently tested chocolate…
How did the EU get hooked on American gas?
The EU fears its long-term dependence on American liquefied natural gas (LNG) imports. Promised “molecules of freedom” by Washington, Europe now finds itself in a prison largely of its own design. The EU has embraced a…
GAS PRICE GOING UP
The Trinidad and Tobago Manufacturers' Association is warning that a proposed 76% increase in natural gas prices by State-owned National Gas Company—from US$3 to US$5.30 per MMBtu—could squeeze businesses already burdened by higher…
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