Qatar exported around 9.3 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) through the Strait of Hormuz during 2024, according to a June 24 report published by the U.S. Energy Information Administration. The strait remains a key supply route for global LNG, as well as oil and petroleum products. During 2024, around…...
U.S. ethane exports are expected to decline by 80,000 barrels per day (b/d) during 2025 and by 177,000 b/d in 2026, according to a June 18 report published by the U.S. Energy Information Administration. The decline can be attributed to new licensing requirements for U.S. ethane exports to China. The licensing requirement, announced by the…...
The Maryland Public Service Commission on June 13 issued an order ending subsidies for new natural gas line extensions, a move that significantly alters how utilities recover infrastructure costs and aligns gas planning with the state’s decarbonization laws. The decision directs that new customers must pay the full cost of connecting to the gas system,…...
U.S. companies have finalized four 20-year agreements with Japan’s JERA Co. to supply up to 5.5 million tons per year of liquefied natural gas, according to a June 11 press release from the U.S. Energy Department. The deals are expected to support over 50,000 U.S. jobs and contribute more than $200 billion to U.S. GDP,…...
The U.S. Energy Department on May 29 approved a final authorization for liquefied natural gas (LNG) exports to non-free trade agreement (non-FTA) countries from Port Arthur LNG Phase II, Texas. This is the first final LNG export approval under U.S. President Donald Trump’s authority and outlines a significant step in reinstating LNG export permits, reversing…...
The U.S. Energy Department on May 20 finalized its 2024 study of liquefied natural gas exports, releasing its response to comments and concluding that the complete record from the study supports the view that exporting LNG from the U.S. is in the public interest. This action marks an important step towards resuming consideration of applications…...
Utility regulators in several U.S. states are stepping up efforts to plan for the future of natural gas as decarbonization and electrification efforts take hold. New initiatives are exploring…Read the full report …...
Utility regulators in several U.S. states are stepping up efforts to plan for the future of natural gas as decarbonization and electrification efforts take hold. New initiatives are exploring regulatory strategies to assess long-term gas system needs, manage stranded asset risks, and align utility planning with state climate targets.
Recent developments in global trade policy and oil production are expected to lead to lower Brent crude oil prices during the remainder of 2025 and 2026 than previously forecast, according to the U.S. Energy Information Administration’s May Short-Term Energy Outlook. The agency also forecasts natural gas prices to rise during 2025 and 2026, following historic…...
The U.S. Interior Department has announced plans to revise the Bureau of Ocean Management’s risk management and financial assurance regulations and develop a new rule that is in line with the Trump administration’s 2020 proposed regulatory guidelines. The amended measure, based on the 2020 proposed rule, would significantly reduce expenditures and red tape associated with…...