The U.S. Interior Department on April 23 announced it will execute emergency permitting procedures to fast track the development of critical minerals and domestic energy sources. The permitting procedures are in line with U.S. President Donald Trump’s executive order declaring a National Energy Emergency in January 2025. The order seeks to prioritize domestic fossil fuel…...
U.S. total petroleum product exports rose to a record annual average of 6.6 million barrels per day (b/d) during 2024, according to an April 23 report published by the U.S. Energy Information Administration. U.S. petroleum product exports during 2024 rose by 495,000 b/d compared to 2023, in line with higher U.S. exports of distillate fuel…...
The Federal Permitting Improvement Steering Council on April 18 announced improved accountability and transparency for the federal permitting of two U.S. Energy Department critical minerals projects. The two projects added to the Permitting Dashboard are South West Arkansas Project and Michigan Potash. The projects being added to the dashboard are on the back of U.S…....
U.S. marketed natural gas production was largely flat during 2024, increasing by around 0.4 billion cubic feet per day (Bcf/d) compared with the previous year to average 113 Bcf/d, according to an April 17 report published by the U.S. Energy Information Administration. Natural gas production increased in the Permian and Appalachia region and declined in…...
More than 25 U.S. states have proposed or enacted legislation since the start of the year to revitalize nuclear energy development, including advanced reactor technologies such as small modular reactors (SMRs). These initiatives signal a…Read the full report…...
More than 25 U.S. states have proposed or enacted legislation since the start of the year to revitalize nuclear energy development, including advanced reactor technologies such as small modular reactors (SMRs). These initiatives signal a growing trend to integrate nuclear power into state energy portfolios to meet rising electricity demand and accelerate the transition to carbon-free energy sources.
U.S. crude oil production averaged 13.2 million barrels per day (b/d) during 2024, up by 270,000 b/d compared to the previous year, according to an April 16 report published by the U.S. Energy Information Administration. The increase in crude oil production can be attributed to increased productivity, amid technological advancements and increased efficiency. Majority of…...
The Federal Energy Regulatory Commission on April 14 accepted tariff revisions filed by ISO New England Inc. (ISO- NE) and New York Independent System Operator Inc. (NYISO) to collect and allocate costs related to the potential imposition of duties on electricity imports from Canada. The grid operators submitted their filings on Feb. 28 in response…...
The U.S. Energy Department Secretary Chris Wright on April 15 announced at a press conference in Riyadh that the U.S. and Kingdom of Saudi Arabia have agreed to sign a memorandum of understanding at a future date to advance cooperation between the nations across vital areas of the energy supply chain and boost both energy…...
U.S. energy consumption is projected to decline for the remainder of this decade and is expected to continue its decline over the 2030 period, according to an April 15 report published by the U.S. Energy Information Administration. The agency’s forecast has been published in its Annual Energy Outlook 2025, which examines possible long term energy…...
