Gas traders start giving it away
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A glut of gas supplies in Britain sees prices collapse and leaves traders having to pay for it to be taken off their hands.
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Customers who admit to stealing gas by tampering with their meters will be given an amnesty, Phoenix Gas says.
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HARTFORD -- A Connecticut hedge fund trying to survive after admitting to investors that it lost billions of dollars in the natural gas market has transferred its energy portfolio to a third party.
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MISSISSAUGA, Ont. (CP) - The Ontario government finally made good Friday on its long-awaited promise to start siphoning millions in gas-tax revenue to municipalities desperate to fix crumbling infrastructure and underfunded transit systems.
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OVERLAND PARK, Kan. - Selling gas at 19 cents per gallon brought in a lot of business for George Riley's gas station last weekend. If only Riley had planned it that way.
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THE trading price of national oil and gas group MOL shares on the Budapest stock exchange (BET) have shot through the roof since it announced it has sold the majority stake in its natural gas business last ...
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National Grid Transco, the pipes and pylons company, yesterday announced a Â£6bn deal to sell half its gas distribution business. The move pleased the City but alarmed unions and consumer groups.
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The food purveyor gives investors something to chew on.
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Floor trading of energy contracts on the New York Mercantile Exchange (NYMEX) is ending more quickly than anticipated, as screen-based trading brings to a close a way of life for many floor traders.
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MALDEN -- Gary Soroko can tell you, to the penny, the price of gasoline at a dozen gas stations from here to his home in Peabody, and he'll go out of his way -- a simple U-turn off Route 1, or a 3-mile detour through Saugus -- to save 2 cents a gallon.
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When there's panic in the streets, there's money to be made.
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Europe is moving toward forcing large polluters to pay for most, if not all, permits to produce climate-changing gases.
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The Dutch government is taking control of its country&#39;s gas transport network in a deal that analysts say will boost competition in the Netherlands and ease the way for the creation of a single European gas market.
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People who heat their homes with oil, electricity or propane Â almost half the country Â are likely to see prices rise.
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Two refiners will borrow crude oil  from the national emergency reserve to replace output lost due  to Hurricane Ivan and another oil major may be next to tap the  stockpile as prices near all-time highs.
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As the stock market edges up and the economy improves, day traders are tiptoeing back into a much-maligned profession that was nearly wiped out a few years ago.
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OIL companies have good news for NGV users - they are willing to provide more NGV stations.  Petronas, which is the main supplier of natural gas for vehicles, has also been increasing its gas pumps at most of its stations.