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Gas giants use AI to raise prices, lawsuit says, another algorithmic hit to the cost of living
A federal lawsuit alleging that gas companies in California are colluding to keep prices high through their use of AI-powered software…
Tag
Gas
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IEA says heat pumps are cheaper than gas boilers in most EU countries, with savings up to $900
Heat pumps could save households hundreds of euros a year while helping Europe reduce its reliance on imported fossil fuels, but a new…
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California's gas prices push Uber and Lyft drivers off the road
The highest gas prices in the country are making it tougher for some gig drivers to make a living. Gas prices have shot up amid the war in…
Business
'Spending more on gas than groceries:' Rising fuel prices drive more San Antonio families to the Food Bank amid Iran war
Rising gas prices are creating even more pressure on families already struggling to afford everyday essentials, which has led to a spike…
Business
Consumer Confidence Continues to Drop as Gas Prices Rise
Shoppers on their way to the mall are increasingly noticing prices at the gas station — and they’re not liking what they see. March…
News
Oil crosses $110 a barrel after gas field strike
Oil prices rose above $110 (£82.78) a barrel after Iranian media reported an airstrike hitting a facility on the world's largest natural…
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Aggreko Provides Hybrid Power Station With Solar, Gas for Australia Project
Construction is underway on a hybrid power station in Queensland, Australia that will support Arrow Energy’s Surat Gas Project (SGP)…
Business
TotalEnergies halves buybacks as low oil, gas prices weigh on profits
It echoes similar moves by its peers – BP has completely suspended buybacks, and Equinor has reduced them by 70% TotalEnergies will halve…
Business
Israel faces looming liquified gas shortage despite Gov't assurances of supply stability
Israel’s reliance on minimal Liquified Petroleum Gas reserves leaves its economy vulnerable, and winter could bring serious supply issues.…
News
CBP Chief and His Goons Shamed Out of Minnesota Gas Station
Border Patrol is not welcome in Minneapolis’s streets, its schools, or its gas stations. A crowd of anti-ICE protesters stormed federal…
Business
Petronas names new COO following Sarawak gas dispute: report
The company has also been struggling with declining profits and last year announced it was cutting around 10% of its workforce Petroliam…
Business
Philippines makes first natural gas discovery in more than a decade
Philippine President Ferdinand Marcos Jr said on Monday gas and condensate had been found at a well close to the existing Malampaya gas…
Business
Mitsubishi to buy Texas, Louisiana shale gas assets for US$7.5 billion
This will give it a substantial natural gas operation near the US Gulf Coast and the energy export facilities developed there Japanese…
News
Petronas seeks court clarity on Sarawak operations in gas licensing dispute
Malaysia’s state energy company Petroliam Nasional Berhad (Petronas) said on Monday (Jan 12) it has filed a motion at the country’s top…
Business
India claims US$30 billion from Reliance Industries, BP for underproduction from gas field: sources
A tribunal has been hearing the dispute in India since 2016 over gas produced from two deepwater fields India is seeking over US$30…
Business
Citadel posts worst return since 2018 as natural gas bets falter
This is partly due to erratic swings triggered by geopolitical turmoil, making trades hard to stick to Ken Griffin’s Citadel is on track…
News
Dramatic Video Captures Nick Reiner Casually Walking Inside Gas Station and Buying Drink Moments Before He Was Arrested for Killing His Parents
A chilling new video shows Nick Reiner casually buying a drink at a gas station shortly before police arrested him, amid allegations that…
Business
Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says
Tokyo Gas, Japan’s top city gas provider, plans to direct more than half of the 350 billion yen (S$2.9 billion) it has earmarked for…
News
Drone attack suspends operations at major Iraq gas field, power cuts occur across Kurdish region
A drone attack on the Khor Mor gas field in Iraq causes major power outages in northern regions, damaging key infrastructure and halting…
Business
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon Some 20 kilometres out from the…
Business
Shell profit beats estimates as oil and gas trading recovers
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow Shell’s profit was better than expected in…
Business
Malaysia bets on mix of solar and gas as it shifts away from coal
The cost-per-unit for solar is actually much cheaper than gas and coal, says TNB CEO Megat Jalaluddin Malaysia will focus on a mix of…
Business
INGL announces Israel's new deal to export natural gas to Egypt via two billion shekel pipeline
Energy and Infrastructure Minister Eli Cohen. (photo credit: Asaf Magal/GPO) The planned length of the new line (Ramat…
Business
EU negotiator hopes for Russian gas import ban by year's end
European Union energy ministers on Monday backed a proposal to ban imports of gas from Russia, boosting the bloc's efforts to further cut…