Finance News – Gas
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Fall in number of people struggling to pay energy bills
The recent survey indicates that fewer individuals in Northern Ireland are experiencing difficulties in managing their electricity and gas expenses compared to previous years.
Read Full Article →Household energy bills fall but may not go much lower
The average monthly cost for gas and electricity in households is expected to decrease by approximately £11, reflecting a notable reduction in domestic energy expenses.
Read Full Article →Whitebark pins down well costs for giant SA hydrogen-helium hunt
Whitebark Energy has estimated drilling expenses of approximately $7.7 million for its extensive Rickerscote prospect, focusing on the exploration of hydrogen, helium, and natural...
Read Full Article →UK can reach net zero by 2050, climate report finds
Achieving the UK’s environmental goals by 2050 could lead to significant economic impacts, requiring strategic investments and policy changes to transform the energy sector and sup...
Read Full Article →Israel-Iran ceasefire hopes drive down oil and gas costs
Anticipation of reduced conflict in the Middle East has contributed to a notable decline in global energy prices, reflecting market expectations of stabilized supply routes and dim...
Read Full Article →What is the Strait of Hormuz and what could happen to oil prices if Iran shuts it down?
The potential closure of the Strait of Hormuz by Iran could disrupt a significant portion of global energy supply, leading to increased uncertainty and volatility in oil markets wo...
Read Full Article →CIBC analysts’ top picks in REITs, oil and gas
CIBC’s market experts have identified key investment opportunities within the real estate, oil, and gas sectors, highlighting trends that may influence portfolio performance and se...
Read Full Article →New emissions guidance for oil and gas projects
The updated regulatory framework could influence investment decisions and operational costs for energy companies involved in the development of key oil and gas reserves off the coa...
Read Full Article →Ed Miliband forced to look again at North Sea oil and gas
The government is reconsidering regulatory adjustments for North Sea oil and gas operations to potentially reduce consumer energy costs and impact investment in the sector’s future...
Read Full Article →UK ministers to restart approval process for two North Sea oilfields
The government's decision to revisit permits for two significant North Sea energy projects highlights ongoing challenges in reducing reliance on imported gas and influencing long-t...
Read Full Article →Top oil CEOs sound the alarm as Israel-Iran strikes escalate
Rising tensions between Israel and Iran have raised concerns among leading energy executives about potential disruptions that could impact global oil supply and market stability.
Read Full Article →Latin America Oil, Gas Deal Worth $75M Gets Tokenized as RWA Momentum Builds
A $75 million transaction involving oil and gas assets in Latin America has been digitized through tokenization, representing a pioneering approach to structuring investment in an...
Read Full Article →World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds
In 2024, leading global financial institutions substantially raised their monetary support to companies in the coal, oil, and gas sectors, increasing total investments by over $160...
Read Full Article →The fallout from Israel’s strikes on Iranian energy sites
Disruptions to Iran's oil and gas facilities have the potential to increase volatility in global energy prices and impact economic stability in affected regions.
Read Full Article →Conservatives vow to end oil and gas windfall tax
Ending the additional tax on oil and gas profits could impact government revenue while potentially encouraging increased investment and production within the energy sector.
Read Full Article →Will the North Sea oil and gas industry be Labour’s next U-turn?
Changes in government approach toward North Sea energy production could significantly impact employment levels, regional economic stability, and fiscal revenues derived from the se...
Read Full Article →The premier says WA is helping to reduce global emissions. Is there truth to this?
The extension of the North West Shelf Karratha project is expected to generate long-term revenue for WA while supporting international efforts to transition from coal to cleaner en...
Read Full Article →Seven nuclear stocks worth considering
Increasing demand for clean energy and shifts in European energy sources are enhancing the financial outlook for several nuclear companies, making them potentially attractive inves...
Read Full Article →More headaches ahead for WA government after North West Shelf call
The decision regarding the North West Shelf presents ongoing financial challenges for Western Australia's government as they navigate economic responsibilities alongside increasing...
Read Full Article →Governments doubling down on gas as 2029 shortfall warning looms
The potential reintroduction of a gas reservation policy indicates governmental efforts to secure supply, which could impact investment strategies and market dynamics within Austra...
Read Full Article →Gas is no longer a dirty word for Labor. Should it be?
The recent endorsement of the North West Shelf project indicates a shift in policy, potentially impacting investments and revenues within the energy sector by promoting continued d...
Read Full Article →One of Australia’s biggest energy companies compares Victoria to North Korea
The statement by Santos CEO Kevin Gallagher highlights growing concerns within the energy sector about regulatory challenges in Victoria, which some believe could impact investment...
Read Full Article →North Sea windfall tax causing ‘irreversible damage’ says oil giant
The additional tax on oil and gas companies operating in the North Sea is reportedly impacting industry stability and employment, leading to concerns about long-term financial effe...
Read Full Article →Spain blackout shows need for gas in a greener world: Woodside CEO
The recent power outage in Spain highlights the challenge of balancing energy reliability, cost-effectiveness, and environmental goals to ensure a stable and sustainable energy sys...
Read Full Article →TMK gets set for coal seam gas as ex-Sino exec joins board
TMK Energy’s strategic shift toward coal seam gas in Mongolia is supported by the addition of an experienced industry leader, potentially enhancing its market position and future r...
Read Full Article →Annual energy bills in Great Britain forecast to fall by £129 in July
A recent forecast indicates that typical dual-fuel households in Great Britain may see their yearly expenses on gas and electricity decrease by approximately £129 starting in July,...
Read Full Article →Closed recruitment of ex-gas boss to 'extraordinary' public job criticised
The appointment of a former gas industry leader to a well-compensated public role with significant authority has raised concerns about transparency and potential financial implicat...
Read Full Article →Energy bill defaults hit record high, says ONS
Recent data from the government indicates a rising number of households are facing financial difficulties, leading to an increased rate of missed automatic payments for utility ser...
Read Full Article →Dutch climate campaigners vow to take Shell to court again
Potential legal challenges against Shell could impact the company’s investments and future revenues by targeting ongoing oil and gas developments linked to environmental concerns a...
Read Full Article →Can Labor keep everyone happy on gas? Its Woodside decision will reveal all
The upcoming determination on Woodside Energy’s project extension will have important economic implications, impacting multiple stakeholders concerned about energy supply, costs, a...
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