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EIA

2019 may be the biggest year yet in terms of liquified natural gas (LNG) capacity approved globally, as major buyers uncontracted demand is expected to quadruple by 2030, according to a new report by energy research firm Wood Mackenzie. more

Natural Gas

International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel operators, refiners, and global oil markets. more

Offshore & Marine

EIA projects that U.S. liquefied natural gas (LNG) export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world behind Australia and Qatar. more

Natural Gas

Planned maintenance at several large refineries in the Midwest has decreased the volume of crude oil processed in the region, which has resulted in lower prices of Western Canadian Select (WCS) more

Pipeline/Transportation

Stronger oil and natural gas prices combined with development of shales and low permeability formations lift U.S. crude oil and natural gas proved reserves to record levels in 2017 more

Refining/Petrochemical

Flattening year-over-year growth in gasoline demand in the United States, combined with high levels of refinery output, have contributed to low or negative motor gasoline refining margins for refiners along the East and Gulf Coasts. more

Refining/Petrochemical

Heading into the Thanksgiving holiday weekend, U.S. retail regular-grade gasoline averaged $2.61 per gallon (gal), up 4 cents/gal from the same time last year. more

Natural Gas

Hourly electricity usage on Thanksgiving and the following day (Black Friday) tend to have different demand patterns from other weekdays. more

Power Generation

Increased oil and natural gas development in the Wolfcamp play has helped drive overall crude oil and natural gas production growth in the Permian Basin during the past decade. more

Drilling & Exploration

As the U.S. becomes the largest energy producer in the world with Texas leading production, it has created the biggest challenge the energy industry has seen in a generation. more

Refining/Petrochemical

Working natural gas in underground storage in the Lower 48 states as of October 31, 2018, totaled 3,208 billion cubic feet (Bcf). more

Natural Gas

The U.S. Energy Information Administration (EIA) has released a new interactive Natural Gas Storage Dashboard with daily and weekly information that provides a broader context to the data released in EIA’s Weekly Natural Gas Storage Report (WNGSR). more

Natural Gas

The total number of wells producing crude oil and natural gas in the United States fell to 991,000 in 2017, down from a peak of 1,039,000 wells in 2014. more

Drilling & Exploration

Space heating and water heating were the top two energy-consuming uses in U.S. homes in 2015, according to EIA’s latest Residential Energy Consumption Survey (RECS). more

Natural Gas

Propane inventories in the Midwest United States had been lower than the previous five-year average for much of 2018, but in recent weeks, net additions to inventories increased Midwest propane to levels higher than the previous five-year average. more

Tanks/Terminals/Storage

The U.S. Energy Information Administration’s (EIA) latest analysis of planned refinery outages for the fourth quarter of 2018 finds that planned outages in the United States are not likely to cause a shortfall in the supply of petroleum products. more

Refining/Petrochemical

U.S. crude oil production reached 11.3 million barrels per day (b/d) in August 2018, according to EIA’s latest Petroleum Supply Monthly, up from 10.9 million b/d in July. more

Drilling & Exploration

Rystad Energy analysis indicates that the market should expect significant outperformance of US oil production compared to the EIA’s predictions, Rystad Energy reported. more

Drilling & Exploration

U.S. electric power sector carbon dioxide emissions (CO2) have declined 28% since 2005 because of slower electricity demand growth and changes in the mix of fuels used to generate electricity. more

Power Generation

The EIA has estimated the U.S. is now the largest global crude oil producer, likely surpassing both Russia and Saudi Arabia. more

Refining/Petrochemical

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