The New York State Public Service Commission on April 24 approved channeling surplus funds from the NY-Sun initiative into new solar projects that benefit low-income households. The state is expected to reach its 10-gigawatt distributed solar goal with $421 million left over from the program’s original $3.27 billion budget. About $150 million of that surplus…...
The U.S. Interior Department on April 24 announced a policy enhancement that will increase offshore oil production in the Gulf of America. As part of the executive order issued by President Trump on Jan. 20 titled, “Unleashing American Energy,” the Bureau of Safety and Environmental Enforcement (BSEE) employed new parameters for Downhole Commingling in the…...
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…...
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…...
U.S. annual natural gas production from the Eagle Ford region is expected to increase from 6.8 billion cubic feet per day (Bcf/d) during 2024 to 7.0 Bcf/d in 2026, according to an April 14 report published by the U.S. Energy Information Administration. The growth in natural gas production can be attributed to forecasts of higher…...
The U.S. Energy Department on April 11 announced a new policy initiative targeted at halting inefficient expenditures by universities and colleges. The announcement means that it will limit financial support for indirect costs of research funding to 15 percent, which translates to more than $405 million in yearly cost saving for the U.S. population. The…...
