Thursday, April 2, 2026

Gas Use News

EUROPE GAS-European Gas Prices Rise as Hopes Fade on Quick End to Iran War

Standard Dutch and British wholesale prices for gas rose on Thursday morning, after U.S. president Donald Trump pledged'more aggressive strikes against Iran, without committing to any specific timeline to end the war…

Britain's greenhouse gases emissions dropped 2% in the last year

The government's preliminary data?on Thursday showed that Britain's greenhouse gases emissions dropped?by 2 percent last year as emissions from industry fell. Britain's goal is to achieve net zero emissions in 2050.

Fears of a prolonged Middle East conflict has caused most Gulf stocks to retreat.

The major Gulf stock markets dropped in the early hours of trading on Thursday, after Donald Trump said that the U.S. will continue to attack?Iran without indicating a definite end date.

India reduces import taxes on petrochemicals in order to support local industry

India has abolished import taxes on petrochemicals that are used to make plastics, pharmaceuticals and other goods. This is after the government invoked emergency powers and diverted…

Oil shock resilience in march - or just smoke and mirrors? Mike Dolan

The energy shock caused by the Iran war is unprecedented. So far, the real economy has been hit hard. The fact that the only immediate information available is market sentiment, pricing…

Baker Hughes' drilling equipment company HMH is valued at $815m amid market turmoil

HMH Holding, a provider of drilling equipment, was valued at 815 million dollars?after its shares dropped 5.5% on Wednesday in its Nasdaq début?amid fragile sentiments and persistent geopolitical uncertainties.

Egypt increases local wheat purchase price in a bid to shore up its reserves

Egypt's finance minister announced a 2,500 pound ($46.76), per 150 kg?ardeb, increase for the harvest of this year. The move is part of a broader effort to increase the stocks?of strategic…

Gas prices in Europe fall after Trump announces US withdrawal from Iran War

The benchmark Dutch and British wholesale gasoline prices dropped 'on Wednesday afternoon, after U.S. president Donald Trump said the United States would end their war against Iran 'fairly soon.

Russell: The war between Iran and the ROI is both a boon and a danger to Australia's LNG.

The U.S.-Israeli war against Iran changed the global market of?liquefied gas (LNG), giving a boost to the producers outside the Middle East. This boost will likely last for many years after the conflict ends.

Energy officials in Thailand say that Thailand wants more LNG from Malaysia

Thai energy officials said on Wednesday that Thailand actively seeks additional 'LNG' supplies from Malaysia due to disruptions caused by the Middle East conflict. Watcharin Boonyarit…

Thailand Seeks LNG Supplies from Malaysia Due to Middle East Conflict

© Adobe Stock/Zerophoto

Thailand is actively seeking additional LNG supplies from Malaysia following disruptions caused by the ongoing Middle East conflict, Thai energy government officials said on Wednesday.Thailand would need to diversify some of

Data shows that Russia exported more LNG to Europe in the first quarter.

The first quarter of 2026 saw Russia export more liquefied gas than it had a year earlier. Shipments to Europe increased despite Moscow's efforts to "redirect" supply away from the region.

Shell is in advanced talks with Venezuela about more gas fields, sources claim

Shell has advanced discussions with Venezuelan government about developing four large areas in the vicinity of Trinidad and Tobago in two of South America's largest offshore gas fields.

Staff note: New BP CEO pledges consistency

BP's 'CEO' Meg O'Neill said on Wednesday that she would provide consistency and accelerate the performance of the group, a full year after BP refocused its strategy firmly to oil and natural gas.

Gas prices in Europe fall amid hopes that the Iran war will end soon

The benchmark Dutch and British wholesale gasoline prices dropped on Wednesday morning, based on the hope that the Middle East conflict would soon be resolved following the comments of U.S. president Donald?Trump.

China, well-positioned in a tight global market sells record LNG volumes

Chinese firms are reselling record amounts of LNG to cash in on the soaring spot prices. China has plenty of 'domestic gas and pipeline gas' to meet its weakened demand, unlike other…

India increases jet fuel and commercial LPG prices in response to the Mideast crisis driving global surge

Indian fuel retailers increased jet fuel - and commercial liquefied petrol gas (LPG), prices on Wednesday. This was in response to a sharp rise in global prices caused by the U.S./Israeli war on Iran.

Russell: The war between Iran and the ROI is both a boon and a danger to Australia's LNG.

The U.S.-Israeli war against Iran changed the global market of liquefied gas (LNG), giving a boost to producers outside the Middle East. This boost will likely last for many years after the conflict is over.

Microsoft, Chevron, and Engine No. Exclusive power supply agreement signed by Microsoft, Chevron and Engine No.

Microsoft, Chevron, and Engine No. The three companies announced on Tuesday that they had entered into a power supply and generation exclusivity agreement. Microsoft and other technology…

HMH Holding raises more than $210 million through its US IPO

HMH Holding, an oil and?gas equipment manufacturer in the United States, raised more than $210 million on Tuesday after pricing its U.S. initial public offering within its range. Houston…