Gas

Exklusiv: Die Regierung sollte Projekte unterstützen, die erneuerbare Energien priorisieren, um Verbraucher vor anhaltenden Preisschocks zu schützen, sagen sie Holen Sie sich unsere E-Mail mit Eilmeldungen, die kostenlose App oder den täglichen Nachrichten-Podcast Ehemalige Führungskräfte der Öl- und Gasindustrie, darunter leitende Angestellte von BP und Shell, warnen die Albanese-Regierung davor, dass den Australiern anhaltende Preisschocks und höhere Kosten drohen, wenn sie als Reaktion auf die globale Energiekrise der Erschließung fossiler Brennstoffe Vorrang einräumt. Sechzehn Ex-Führungskräfte und Fachleute – die für Unternehmen wie Woodside, Inpex, Exxon Mobil und Esso tätig waren – haben die Regierung aufgefordert, Forderungen nach einer beschleunigten Gas- und Kohleförderung abzulehnen, mit der Begründung, dies würde nichts zur Verbesserung der Sicherheit bei flüssigen Kraftstoffen im Land beitragen. Weiterlesen...

Die Treibstoffkrise führt dazu, dass mehr Wähler zu erneuerbaren Energien wechseln wollen, anstatt an fossilen Brennstoffen festzuhalten.

• Blockadeandrohung in wichtiger Meerenge und Trumps Haltung lassen Rohölpreis steigen, was Zapfenspreise auf das höchste Niveau seit 2022 treibt • Melden Sie sich für den Breaking News US-E-Mail-Service an, um Newsletter-Benachrichtigungen in Ihrem Posteingang zu erhalten • Die durchschnittlichen US-Benzinpreise haben mit 4,23 $ pro Gallone ein neues Hoch erreicht, laut dem Automobilclub AAA der höchste Wert seit 2022 und ein Rekord seit Beginn des Krieges mit dem Iran

• Das in Framingham, MA ansässige Unternehmen Tortugas Neuroscience hat in einer Kombination aus Seed- und Serie-A-Finanzierung 106 Millionen US-Dollar für niedermolekulare Therapien (Small Molecule Therapies) zur Behandlung neurologischer Erkrankungen eingeworben. • Cure Ventures führte die Seed-Runde an, während The Column Group und AN Venture Partners die Serie-A-Finanzierung am 21. April gemeinsam leiteten. • Die Investition beschleunigt die Entwicklung von Behandlungen auf Basis validierter biologischer Targets und adressiert einen ungedeckten Bedarf im US-Biotech-Sektor.

• Der Premierminister erklärt, dass mitten in einer globalen Brennstoffkrise „der denkbar schlechteste Zeitpunkt“ sei, um Australiens Partnerschaften mit asiatischen Handelspartnern zu gefährden. • Premierminister Anthony Albanese hat bestätigt, dass der Bundeshaushalt im nächsten Monat keine neue Steuer auf bestehende Gasexportverträge enthalten wird, während er die „populistische“ Kampagne, die eine Abgabe für die Produzenten fordert, kritisierte. • Wie letzte Woche berichtet, war Albanese bereit, den Druck zur Einführung einer 25-prozentigen Steuer auf Gasexporte abzulehnen, da er befürchtete, dass diese Intervention dieselben asiatischen Handelspartner vergrämen könnte, auf die Australien bei der Versorgung mit Diesel und Benzin angewiesen ist.

US representatives Jared Huffman and Jamie Raskin earlier this month called agreements outrageous and unlawfulSign up for the Breaking News US email to get newsletter alerts in your inboxThe Trump administration blocked two permitted US wind energy projects from development this week, with an agreement to pay millions of dollars in refunds to the companies behind them if those funds are reinvested in oil and gas.US Department of the Interior officials framed the canceled agreements as a way to “promote US energy security and affordability” by funneling funds “away from intermittent, higher-cost energy sources toward proven conventional solutions”, in an announcement issued Monday. Continue reading...

Oil prices surged after negotiators remained gridlocked over reopening of strait of Hormuz, sending prices $1 higher than last yearUS gas prices rose to their highest level in four years on Thursday, reaching an average $4.18 a gallon at the pump as US-Israeli peace talks with Iran remain at a standstill.The last time average US gas prices breached $4.15 a gallon was in April 2022, when oil prices soared shortly after Russia invaded Ukraine. Average gas prices are now $1 higher than just a year ago, when they were closer to $3.15 a gallon. Continue reading...

Energy company hails ‘exceptional’ contribution of oil trading operations as profits hit $3.2bn in the first quarterBusiness live – latest updatesBP’s quarterly profits have more than doubled amid a jump in oil and gas prices linked to the conflict in the Middle East.The energy company said on Tuesday that underlying profits for the first quarter were $3.2bn (£2.4bn), up from $1.38bn in the equivalent period a year ago and outstripping City forecasts of $2.67bn. Continue reading...

David Pocock says prime minister – who is trying to shore up fuel supplies – is parroting industry talking pointsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLabor is poised to reject a growing push for a new 25% tax on gas exports in next month’s budget, prompting David Pocock to accuse the government of “caving in” to the gas industry.It’s understood the government has elected not to pursue a new tax on gas exports in the budget, prompted in part by the global oil crisis and Anthony Albanese’s diplomatic efforts in shoring up fuel supply from Asian allies by pledging reliable access to liquefied natural gas. Continue reading...

Shell Australia says campaign needed to ‘counter-balance’ claims by levy advocates – but Ed Husic urges industry ‘do not spend millions defending the indefensible’The gas giants are mounting a multi-million dollar advertising campaign to fight against a new export tax, prompting Labor MP Ed Husic to accuse the industry of “defending the indefensible”.Shell Australia is among half-a-dozen oil and gas companies contributing around $1m to an Australian Energy Producers (AEP) campaign that attempts to justify the amount of tax the industry pays, a parliamentary inquiry heard on Wednesday. Continue reading...

Jubilation is turning to disenchantment as young activists arrested after protest calling for election date to be setThe arrest of several protesters in Madagascar has increased fears among young people that the military regime that took power last year after huge Gen Z demonstrations will be no better than the government it overthrew.Four Gen Z activists, Herizo Andriamanantena, Miora Rakotomalala, Dina Randrianarisoa and Nomena Ratsihorimanana, were arrested on 12 April, one of their lawyers said, two days after taking part in a protest calling for an election date to be set. Continue reading...

ACT independent David Pocock is calling for a 25% tax on gas exports to fund welfare and housing. Follow today’s news liveGet our breaking news email, free app or daily news podcastLabor should use the proceeds of limiting tax concessions for property investors and a crackdown on gas export profits to fund welfare increases and build housing, charities and social service groups say.Ahead of next month’s federal budget, the Albanese government is under pressure to wind back negative gearing rules and the 50% capital gains tax discount for property investments, and to tax more of the profits from soaring commodity exports, pushed up by the global energy shock.People on the lowest incomes are skipping meals, delaying medical care and rationing energy just to get by.Frontline services are operating at capacity, facing growing demand and increasingly complex needs. Current policy settings are not meeting the needs of our communities – it’s clear that significant and sustained public investment is essential. Continue reading...

Chris Wright says ‘I don’t know’ when asked about lower cost of gas as average price soars to $4 a gallon in USChris Wright, the Trump administration’s energy secretary, acknowledged Sunday that it might not be until 2027 before US gas prices come back under $3 a gallon.Asked by Jake Tapper, the CNN State of the Union host, when he thought “it’s realistic for Americans to expect the gas will go back to under $3 a gallon”, Wright replied: “I don’t know. That could happen later this year. That might not happen until next year.” Continue reading...

In Hamtramck, Abdulrahman Abohatem placed himself between 16-year-old girl and man before police arrestA gasoline station clerk who came to a suburban Detroit girl’s defense when she entered his store and mouthed the word “help” ultimately had a hand in saving the teenager after a stranger had kidnapped her at gunpoint on her way to school, according to authorities.“I believe this could have [gone] a lot worse than it did,” said police chief Hussein Farhat of Hamtramck, Michigan, at a news conference addressing a rescue partially attributed to convenience store employee Abdulrahman Abohatem. “We have every belief that this could have ended really badly.” Continue reading...

8-0 ruling gives companies new day in federal court after firms including Chevron ordered to pay millions for cleanupThe supreme court handed a win Friday to oil and gas companies fighting lawsuits over coastal land loss and environmental degradation in Louisiana.The 8-0 procedural decision gives the companies a new day in federal court after a state jury ordered Chevron to pay upward of $740m to clean up damage to the state’s coastline, one of multiple similar lawsuits. Continue reading...

Brent crude drops and gas prices slide amid hopes Donald Trump will succeed in reaching deal with TehranOil and gas prices tumbled by almost 10% on Friday after Iran said the strait of Hormuz would open to commercial shipping, potentially clearing the way for tankers holding millions of barrels of oil and gas to reach the global market.Iran’s foreign minister said that vessels would be free to transit the strait of Hormuz for the duration of the 10-day ceasefire between Israel and Lebanon struck on Thursday. Continue reading...

Guardian readers describe how their lives have been upended by cost hikes stemming from Trump’s Iran warWith the US and Israel’s war on Iran now in its seventh week, with a fragile ceasefire in place since earlier this month, Americans are continuing to feel the effects at the pump as global fuel prices rise.For several readers who spoke to the Guardian, the impact has forced difficult trade-offs – from accessing essential medicines and groceries to facing the brink of homelessness amid an already rising cost of living. Continue reading...

Former Treasury secretary says a tax rate was ‘socially optimal’ in submission to a new parliamentary inquiryFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe former Treasury secretary Ken Henry says “self-serving” claims from gas giants about the risks of a windfall profits and export taxes should be ignored by the Albanese government as it weighs up the intervention ahead of next month’s federal budget.In a submission to a new parliamentary inquiry examining the gas taxation regime, Henry made the case for a 100% windfall profit tax as he rejected the assertion that any changes would heighten perceptions of Australia as a sovereign risk and freeze investment in new projects. Continue reading...

Congressman says keeping gas supplies at home could lower costs for Americans amid price hikes sparked by warAmid historic jumps in gas prices triggered by the US-Israeli war on Iran, California congressman Ro Khanna is to introduce legislation on Tuesday that would ban the export of gasoline during price spikes.“The country is crying out for a new energy policy,” said Khanna in an interview with the Guardian, “that doesn’t have us subject to the whims of the profits of big oil companies.” Continue reading...

Incident took place in small village on day pupils were due back in class for first time in more than 40 daysIsraeli forces have fired teargas at Palestinian schoolchildren who were staging a sit-in in the occupied West Bank after settlers blocked access to their school.The Israeli military said it had dispersed an “unusual gathering”, but did not specify whether its troops had fired teargas at the children on the first day of class since the start of the Iran war. Continue reading...

Labor is under pressure to impose a new 25% export tax amid soaring prices from the global fuel shockGet our breaking news email, free app or daily news podcastThe bosses of resources giants including Santos, Woodside, Chevron and Shell could be compelled to face an inquiry into export tax settings, as the Greens ramp up pressure on Labor ahead of the budget.The chief executives of the companies, along with the bosses of gas exporters Inpex and ConocoPhillips, have been requested to give evidence to a Greens-led inquiry sitting in Canberra and Perth later this month. Under Senate rules, they could be compelled to attend if they choose not to give evidence voluntarily. Continue reading...

Paul Solway ignited explosion that damaged total of six terrace houses in Derby after his partner had kicked him out A man who blew up a terrace house by causing gas to leak from a pipe and setting fire to a chair after his partner kicked him out has been jailed for 11 years.Paul Solway was having a “meltdown” when he caused the explosion at his partner Joanne Waterfall’s home in Alvaston in Derby on the evening of 10 June last year. Continue reading...

Company earnings expected to soar to between $200m and $700m in first quarterBusiness live – latest updatesShell is expected to report “significantly higher” profits from its commodity trading desks in the first quarter of this year after weeks of market volatility triggered by the Iran crisis.The surge in energy commodity markets over recent weeks is expected to drive up trading results at Shell’s chemicals and products unit, which includes its main oil trading desk. Continue reading...

Senior climate figures warn North Sea drilling would encourage fossil fuel exploitation by developing countriesOpening new oil and gas fields in the North Sea would “send a shock wave around the world”, imperilling international climate targets, undermining the UK’s climate leadership and encouraging developing countries to exploit their own fossil fuel reserves, experts have warned.The UK government is under stiff pressure from the oil industry, the Conservatives, Nigel Farage’s Reform UK party, some trade unions and parts of the Treasury to give the green light to new oil and gas fields, despite clear evidence that doing so would not cut prices and would have almost no effect on imports. Continue reading...

• The Las Vegas Raiders signed unrestricted free agent quarterback Kirk Cousins, announced Monday, adding veteran leadership to their roster. • Cousins enters his 15th NFL season after spending the previous years with other franchises, bringing extensive experience to the Raiders organization. • The signing represents a significant move during the 2026 NFL free agency period as teams reshape their rosters ahead of the new season.

Claims explosives found near pipeline come before election in which PM Viktor Orbán is trailing in most pollsHungary has placed the gas pipeline that straddles the Serbian border under military protection, its prime minister, Viktor Orbán, has said, as accusations of a false-flag operation continued to swirl before a crunch election at the weekend and an official visit on Tuesday from the US vice-president, JD Vance.Orbán travelled to Hungary’s southern border with Serbia on Monday, one day after Serbia said it had found “explosives of devastating power” near a pipeline that carries Russian natural gas to Hungary and beyond. Continue reading...

Exclusive: research finds Jackdaw field would provide only about 2% of current demand, and Rosebank only 1%Opening major new fields in the North Sea would make almost no difference to the UK’s reliance on gas imports, research has shown.The Jackdaw field, one of the largest unexploited gasfields in the North Sea, would displace only 2% of the UK’s current imports of gas, which would leave the UK still almost entirely dependent on supplies from Norway and a few other sources. Continue reading...

Shop around, coast downhill, band together – drivers tell of how they’re dealing with the costliest gas in the USJack Nooney has pretty much made peace with the traffic since moving to Los Angeles five years ago, but recent soaring gas prices have certainly added another layer of insult to his daily commute. The musician and full-time grocery deli employee drives from his San Fernando Valley apartment to Santa Monica daily. While it’s just nine miles each way, with LA traffic that often equates to a whole gas-burning hour.Nooney, who makes $20/hour, says it’s become glaringly clear that fuel costs will eat up more of his already tight budget. Angelenos are now paying on average nearly $5.90 a gallon – and some stations are charging a shocking $8 a gallon. The outsized prices are directly related to the Iran war, which has created the largest supply disruption in the history of the global oil market, according to the International Energy Agency. Continue reading...

Critics say exemption exploits White House’s ‘self-made gas crisis’, and could doom the rare Rice’s whaleSign up for the Breaking News US email to get newsletter alerts in your inboxA US government panel on Tuesday exempted oil and gas drilling in the Gulf of Mexico from the Endangered Species Act (ESA), a move which critics say could doom a rare whale species and harm other marine life.The Endangered Species Committee – which had not convened in more than three decades – voted to approve the request for the ESA exemption at the request of the defense secretary, Pete Hegseth. Continue reading...