BNET Business Dictionary

Business Definition for: GAS

  • Government Accountancy Service

Additional Resources

6 Myths About Gas Mileage
The summer driving season is at hand, and gasoline prices are suddenly back on your mind. No wonder. While that’s a far cry from last spring’s spike to more than $4 per gallon, it’s incentive enough to focus your mind on all the things you need to do to...
Tags: Car, Consumer Reports, MoneyWatch, AAA, AC, Gas Prices, July 4th, Premium Fuel, Gas Mileage, Manual Transmission, Automatic Transmission, Air Conditioning, James Henry, Jim Henry
Articles 2009-07-01
Russia, Ukraine trade blame as Europe sees no gas
MOSCOW — Russia and Ukraine hotly traded accusations of blame Tuesday as Russia restarted natural gas supplies but little or no gas flowed toward Europe. EU officials watched in dismay and criticized both nations for their intransigence. Russia's state-controlled gas monopoly Gazprom said it began pumping gas to Europe at...
News items 2009-08-07
'Fracing' Technique Creates Great Opportunity in Exploration of Oil and Gas
One of the two most important technologies in the development of the natural gas market in the last few years is “multi-stage fracing” (pronounced “fracking”), which is short for fracturing, as in fracturing the rock in which the oil and gas is held. (The other technology is Liquid Natural...
Tags: Energy, Keith Schaefer
External links 2009-05-20
Russia cuts all gas supplies to Ukraine
MOSCOW — Russia's Gazprom gas monopoly cut all supplies of natural gas to Ukraine on Thursday after talks broke down over payments for past shipments and a new energy price contract for 2009. Gazprom officials said the cuts began as planned at 10 a.m. local time (2 a.m. ET) and...
News items 2009-08-07
EU reports no major gas disruptions
KIEV — The European Union says that there have been no substantial disruptions in natural gas supplies through Ukraine from Russia. The European Commission says that there is no immediate danger of shortages for end consumers and that industry is also still receiving gas. An EU mission will meet with...
News items 2009-08-07
Gas-starved EU nations seek end to crisis
MOSCOW — The leaders of several gas-starved European nations travelled to Ukraine and Russia on Wednesday, pressing them to restore supplies as the EU threatened both with legal action for halting energy deliveries in the midst of winter. But Ukraine's natural gas company said for a second straight day it...
News items 2009-08-07
Week in Oil & Gas: Discovery Hot Spots, Nat Gas' $80M Advocacy Campaign and One Big LNG Project
It wouldn't be a worthwhile week in the oil and gas industry without a few discoveries. And my, there were some goodies. The hot spots this week were in the ultra deep waters offshore Brazil, Sierra Leone, Venezuela and Uganda. And Spanish energy company Repsol YPF found...
Tags: Oil & Gas, Climate Change, Natural Gas, Chevron Corp., Gorgon, Telecom & Utilities, Kirsten Korosec
Blog posts 2009-09-18
IEA's Chief Economist: U.S. Nat Gas Industry a Global Game-Changer
The boom in unconventional gas production in the United States is an international game-changer that will have far-reaching implications to global supply and prices. At least that's the word -- and an intriguing one at that -- from the International Energy Agency in its highly anticipated 2009 World Energy Outlook. Massive amounts...
Tags: U.S., Industry, Natural Gas, IEA, LNG, Telecom & Utilities, Kirsten Korosec
Blog posts 2009-11-10
Gazprom shuts off gas links to Ukraine
MOSCOW: For the second time in three years, Russia's natural gas monopoly, Gazprom, on Thursday halted the entire flow of fuel intended for Ukraine's domestic consumption in a shutoff that could eventually reverberate through the Continent's integrated pipeline system and affect consumers in Western Europe. Talks over price and transit fees...
News items 2009-08-07
Ukrainian, Russian gas companies hold talks
MOSCOW — The heads of the Russian and Ukrainian gas companies held an unexpected meeting in Moscow early Thursday to discuss the dispute that has caused an energy crisis in Europe, but both sides said no breakthrough was reached. Natural gas supplies from Russia through Ukraine to Europe remain cut...
News items 2009-08-07
EU says monitors have no access to Kiev gas dispatching screens
London Platts--14Jan2009 The European Commission said Wednesday its team of monitors sent toRussia and Ukraine to monitor gas flows to Europe have not gained access togas dispatching screens in Kiev. European Commission President Jose Manuel Barroso said at a pressconference in Strasbourg that its monitors are not having any other...
News items 2009-08-07
Investors must ask about shale gas cost
An internal energy industry squabble over the true potential for shale gas, discussed in this column earlier this month, has now filtered through to the attention of some of the institutional investors in energy companies. This tremor of scepticism has not yet affected the ability of the large gas...
Tags: Production, Investor, Financial Accounting, Finance, Company News, Corporate Finance, Expenditure, Facilities & Equipment, General News, Natural Resources, Financial Times
External links 2009-11-22
National Oilwell's Shale-Gas Optimism -- Prescient or Self-Serving?
This is a guest post submitted by BNET member Stephen Rassenfoss. To submit your own post, please visit submit.bnet.com. Lately, the natural-gas exploration sector has taken a nasty hit -- spot prices for natural gas have dropped roughly 40 percent since early summer, and stock prices of...
Tags: U.S., Optimism, Natural Gas, Oilwell, Stephen Rassenfoss, Telecom & Utilities, BNET Member Stephen Rassenfoss
Blog posts 2008-08-19
One Big Fracking Problem for Oil and Gas Industry
Legislation introduced this week that targets hydraulic fracturing -- a technique used to access vast new fields for drilling -- is pitting the oil and gas industry against environmentalists in a debate over public health, federal versus state regulation and the protection of industry trade secrets. Here's what the legislation also will...
Tags: Chemicals, Industry, Oil & Gas, Natural Gas, Oil-and-gas Industry, Kirsten Korosec
Blog posts 2009-06-11
Tight Sands Natural Gas: An Ignored and Promising U.S. Energy Frontier
Natural gas resource optimism is now at the highest level in the history of the US and Canadian natural gas industry. Four simultaneous frontier natural gas plays, at different stages of development, have emerged and are rapidly unfolding in the US and to a much lesser...
Tags: Energy, Vinod Dar
External links 2009-08-04
Nat-Gas Vehicles, LNG Projects Get a Little Stimulus Money Lovin' From DOE's Clean Cities Initiative
The case for natural gas just keeps on picking up steam this summer, even if there are lingering concerns of volatility. The latest boost comes in the form of the Department of Energy's Clean Cities Grants project, which will provide $300 million in stimulus funds to speed up the transition to alternative...
Tags: Natural Gas, Telecom & Utilities, Kirsten Korosec
Blog posts 2009-08-27
Chesapeake Energy Bets on Higher Natural Gas Prices
Aubrey McClendon, chief executive of Chesapeake Energy, told analysts on the August earnings call that he expected natural gas prices would rise to between $6 and $8 per thousand British thermal units MMBtu by summer of 2010. As natural gas comprises 92 percent of its total energy production, the company...
Tags: Natural Gas, Chesapeake, Telecom & Utilities, David Phillips
Blog posts 2009-09-21
Natural-gas producers set charter
MOSCOW: With Russian support, a dozen countries that are large producers of natural gas founded an organization Tuesday to study methods of influencing global prices for the fuel, much as the Organization of Petroleum Exporting Countries does for crude oil. The development seems likely to further unnerve European Union countries, already...
News items 2009-08-07
Europe's gas flowing day after Moscow cuts off Kiev
MOSCOW/KIEV — Russian gas kept flowing to European Union states on Friday, a day after Moscow cut off flows to Ukraine in a contract dispute, but importers across the continent were watching for signs their supplies were faltering. The European Union's Czech presidency said it considered the row between Moscow...
News items 2009-08-07
EU delegation to discuss gas dispute with Gazprom Tuesday: EC
London Platts--5Jan2009 A delegation from the European Union is to meet with representatives fromRussian gas giant Gazprom Tuesday to discuss the company's current gas supplydispute with Ukraine, European Commission energy spokesman Ferran Tarradellassaid Monday. A delegation including Czech energy minister Martin Riman, whose countrycurrently holds the rotating presidency of...
News items 2009-08-07