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gas

Iranian attack caused significant damage at Ras Laffan gas facility, Qatar says

Thursday March 19, 2026 QatarEnergy's liquefied natural gas production facilities at Ras Laffan Industrial City Iranian missile strikes on Qatar’s flagship Ras Laffan Industrial City, the country’s main gas hub, left “significant damage,” authorities said. “The State of Qatar expresses its strong condemnation and denunciation of the blatant Iranian attack targeting Ras Laffan Industrial City, which caused fires resulting in significant damage to the facility,” Qatar’s Ministry of Foreign Affairs said in a statement on…

Trump Vows to Halt Israeli Attacks on Iranian Gas Field

US President Donald Trump said Israel, enraged by recent events, had “violently lashed out” by striking Iran’s largest gas installation — a dramatic escalation in the US‑Israeli war — while insisting Israel would not carry out additional attacks unless Iran retaliates. The strike on the sprawling South Pars gas field lifted oil prices and prompted Tehran to threaten oil and gas sites across the Gulf, even as it launched missiles toward Qatar and Saudi Arabia. The flare‑up deepened an already unprecedented disruption to…

Oil and gas prices surge as Iran conflict shows no sign of easing

Oil surges past $90 as war in Middle East chokes Strait of Hormuz, rattling fuel costs worldwide Oil prices spiked and showed no signs of easing a week after the United States and Israel launched major attacks on Iran, tipping the Middle East into war and choking off one of the world’s most vital energy arteries, the Strait of Hormuz. Commercial tankers carrying roughly 20 million barrels of oil a day are stranded in the Persian Gulf, unable to safely pass through the narrow waterway bordered by Iran, as missile and drone…

Russia Accuses Ukraine After Gas Tanker Sinks Near Libya’s Coast

Russia accused Ukraine of using naval drones to attack and sink a Russian liquefied natural gas carrier off Libya, an incident that, if confirmed, would mark the first known strike by Kyiv on a Russian LNG vessel. Libya’s port authority said the Arctic Metagaz tanker suffered “sudden explosions followed by a massive fire,” leading to its complete sinking overnight. The vessel went down roughly 130 nautical miles north of Sirte, within Libya’s search-and-rescue zone, the authority said. Russia’s Transport Ministry said the…

Oil and gas freight costs soar as Iran threatens Strait of Hormuz

Strait of Hormuz disruption sends tanker and LNG shipping rates to records as U.S.-Iran tensions spike Global oil and gas shipping costs surged to fresh records as traffic through the Strait of Hormuz slowed to a near standstill after Tehran targeted vessels transiting the key waterway, according to shipping data and industry sources. The choke point between Iran and Oman carries roughly one-fifth of the world’s oil and significant volumes of liquefied natural gas. The strikes on ships, part of Iran’s retaliation to U.S. and…

Global oil and gas prices surge as conflict intensifies

Oil and gas prices jumped Monday as escalating Iranian strikes across the Middle East snarled shipping lanes, hit energy infrastructure and stoked fresh inflation fears in global markets. European natural gas futures spiked as much as 50% intraday before closing 39% higher after QatarEnergy halted liquefied natural gas production following drone attacks on facilities in Ras Laffan Industrial City, according to the country’s defense ministry. Brent crude briefly touched $82 a barrel after at least three ships were attacked…

Fatal Gas Leak in Nigeria’s Mine Claims Dozens of Lives

Tragedy Strikes in Plateau State: Carbon Monoxide Leak Claims Lives of Miners At least 33 miners have been reported dead in Plateau State following a suspected carbon monoxide leak at a lead and zinc mine operated by Solid Unity Nigeria Ltd. The incident has raised serious questions about safety protocols within Nigeria's mining industry. The toxic gas is believed to have accumulated in poorly ventilated tunnels, leading to a catastrophic collapse of workers who were near the end of their night shift. More than 20…

Slovakia and Hungary to take EU to court over Russian gas ban

Slovakia will challenge the European Union’s decision to end imports of Russian natural gas by 2027, Prime Minister Robert Fico said, aligning Bratislava with neighboring Hungary’s plan to sue over the measure. The legal move deepens a rift inside the bloc over how quickly to sever energy ties with Moscow more than two years after Russia’s full-scale invasion of Ukraine. Both Slovakia and Hungary are landlocked central European countries that have maintained close links to the Kremlin and remain heavily reliant on Russian…

Iranian forces deploy tear gas in Tehran bazaar as protest deaths climb

Iran forces fire tear gas at Tehran bazaar as protests over soaring prices intensify TEHRAN, Iran — Iranian security forces fired tear gas to disperse demonstrators in and around Tehran’s central bazaar on Tuesday, as protests over the cost of living entered their second week and a rights group said more than two dozen people had been killed in a nationwide crackdown. The Norway-based Iran Human Rights group said at least 27 protesters, including five minors, have been killed by gunfire or other violence by security forces…

Militant Violence Erodes Mozambique’s Vital Natural Gas Revenues

After years of silence, Mozambique’s gas dream restarts — but who will pick up the tab? When French energy major TotalEnergies announced it had lifted the force majeure on its liquefied natural gas project off Mozambique’s northern coast, the message was outwardly simple: long-dormant gas operations in the Rovuma Basin are ready to resume. The subtext, however, is far murkier. The four-and-a-half-year pause — driven by an insurgency that convulsed Cabo Delgado — has transformed what was a marquee energy project into a…