Natural Gas

In its July 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts Henry Hub natural gas spot prices for June, July, and August this year will average $2.37 per million British thermal units. Read more


After a 2.7% increase in U.S. energy-related carbon dioxide (CO2) emissions in 2018, EIA’s July Short-Term Energy Outlook (STEO) forecasts a 2.2% decrease in CO2 emissions for 2019. Read more

Power Generation

Enterprise Products Partners L.P. (“Enterprise”) today announced that service recently began on the third train at its Orla cryogenic natural gas processing plant in Reeves County, Texas. Read more


Natural gas is one of the main sources of energy in the United States. In 2018, more than 90% of the natural gas consumed in the United States was produced domestically. Read more

Natural Gas/LNG

Fossil fuels—petroleum, natural gas, and coal—have accounted for at least 80% of energy consumption in the United States for well over a century. Read more

Natural Gas/LNG

As of the end of May 2019, Colorado had about 40,000 active oil and natural gas wells. Read more

Drilling & Exploration

For the past month, the daily spot prices of natural gas at most hubs have been lower than the Henry Hub price. Read more

Natural Gas/LNG

The Tornio Manga LNG (liquefied natural gas) receiving terminal has been inaugurated in Tornio, northern Finland on June 11, 2019. Read more


Israel has gone through an energy production revolution owing to discoveries of natural gas resources such as the Tamar and Leviathan fields over the past decade. Read more

Natural Gas/LNG

Shell, along with its Joint Venture Partners INPEX, KOGAS and OPIC, today announced that the first shipment of Liquefied Natural Gas has sailed from Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility. Read more

Offshore & Marine


Photo courtesy of Eiliv Lerin, Statoil

Natural Gas/LNG

New Jersey regulators rejected key permits from Williams Cos Inc on building the Northeast Supply Enhancement natural gas pipeline from Pennsylvania to New York. Read more

Natural Gas/LNG

McDermott International, Inc. today announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Deve Read more


Flaring and venting of natural gas in the Permian Basin in Texas and New Mexico reached a new all-time high in the first quarter of 2019, averaging as much as 661 million cubic feet per day (MMcfd), according to research conducted by Rystad Energy. Read more

Natural Gas/LNG


Trong Nguyen

U.S. production of hydrocarbon gas liquids (HGLs) reached 5 million barrels per day (b/d) in 2018, an increase of more than 0.5 million b/d (13%) over 2017 levels. HGLs accounted for over a quarter of total U.S. petroleum products output in 2018. Read more

Refining & Petrochemical Processing

In 2018, Saudi Arabia reported burning an average of 0.4 million barrels per day (b/d) of crude oil for power generation, the lowest amount since at least 2009, the earliest year that data are available from the Joint Organizations Data Initiative. Read more

Power Generation

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


Bechtel, a global leader in project management, engineering, and construction, has been awarded the engineering, procurement, and construction (EPC) contract by NextDecade for the first phase of the Rio Grande liquefied natural gas (LNG) project. Read more

Engineering, Procurement & Construction

If converted to a sales and purchase agreement (SPA), this will be one of the largest LNG deals ever signed and the largest deal signed since 2013. Read more

Natural Gas/LNG

A recent American Petroleum Institute (API) statistical report showed the U.S set a new record for oil production at 12.1 million barrels a day in February. Read more


Subscribe to our mailing list

* indicates required
BIC Magazine Enewsletters