RSS

Imports

EIA projects that, for the first time since the 1950s, the United States will export more energy than it imports by 2020 as increases in crude oil, natural gas, and natural gas plant liquids production outpace growth in U.S. energy consumption. Read more

Natural Gas/LNG

During the coldest days of the year, demand for natural gas from residential customers rises in New England. Read more

Natural Gas/LNG

EIA’s January 2019 Short-Term Energy Outlook (STEO) expects several U.S. natural gas market trends from 2018 to continue into 2019 and 2020, including relatively stable Henry Hub natural gas prices and increasing natural gas production and exports. Read more

Natural Gas/LNG

As we enter 2019, the mood in the LNG market is mixed. The big LNG buyers are back, and we are set for a record year for supply in terms of both production growth and new project FIDs. Read more

Natural Gas/LNG

In 2018, the average annual Henry Hub natural gas spot price increased to $3.16 per million British thermal units (MMBtu), up 15 cents from the 2017 average. Read more

Natural Gas/LNG

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. Read more

Natural Gas/LNG

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. Read more

Natural Gas/LNG

Oil and chemical traders believe the U.S. will become a net exporter for the first time in generations, according to Petrochemical Update’s North American Downstream Market Outlook and Insights 2019. Read more

Refining & Petrochemical Processing

The density of crude oil processed by U.S. Gulf Coast refineries has become lighter since 2008 as refineries moved away from heavier imported crude oil to lighter crude oil produced in Texas. Read more

Refining & Petrochemical Processing

The U.S. energy regulator has approved a request by Cheniere Energy to feed the first gas into its new liquefied natural gas (LNG) facility in Corpus Christi, Texas, marking the beginning of a commissioning phase for the export terminal. Read more

Natural Gas/LNG

Oil prices fell on Wednesday after Chinese import data showed a slowdown in demand and as a trade dispute between Washington and Beijing escalated further. Read more

Commodities

Distillate fuel continued to be the most exported U.S. petroleum product in 2017, averaging 1.4 million barrels per day (b/d) of gross exports. Read more

Refining & Petrochemical Processing

More than half of all U.S. motor gasoline exports went to Mexico in 2017. Changes to Mexico’s retail gasoline and diesel fuel markets, combined with low utilization of Mexico’s petroleum refineries, resulted in increased gasoline imports from the US. Read more

Natural Gas/LNG

Canada is the largest energy trading partner of the United States, based on the combined value of energy exports and imports. Read more

Power Generation

Total net energy imports to the United States fell to 7.3 quadrillion British thermal units (quads) in 2017, a 35% decrease from 2016 and the lowest level since 1982. Read more

Refining & Petrochemical Processing

U.S. crude oil exports grew to an average of 1.1 million b/d in 2017. Crude oil exports in 2017 were nearly double those of 2016. Increase of U.S. crude oil exports were supported by increasing U.S. crude oil production and expanded infrastructure. Read more

Refining & Petrochemical Processing

Founded in 1984 by port directors around the state, the Ports Association of Louisiana (PAL) was started with the idea that great things can happen when people work together in common cause. Read more

Offshore & Marine

Subscribe to our mailing list

* indicates required
BIC Magazine Enewsletters
Recruiting