Global Liquified Natural Gas (LNG) trade rose by 3.1 percent year-on-year during 2023 to an average of 52.9 billion cubic feet per day (Bcf/d), according to a July 11 report published by the U.S. Energy Information Administration. The increase in LNG trade can be attributed to rising natural gas demand and increased infrastructure capability to…...
Constellation Energy has shut down its Mystic Generating Station, a natural gas-fired power plant located in Massachusetts. Mystic is one of the nation’s oldest power plants that has supplied electricity to the Boston area since the 1940s, according to a June 24 report from the U.S. Energy Information Administration. The company retired the Mystic plant…...
The notion that natural gas serves as a transition fuel to a low-carbon future has been challenged by a number of studies indicating that emissions of methane, the primary component of natural gas, significantly contributes to global warming. Methane is 80 times more potent than…Read the full report …...
The notion that natural gas serves as a transition fuel to a low-carbon future has been challenged by a number of studies indicating that emissions of methane, the primary component of natural gas, significantly contributes to global warming. Methane is 80 times more potent than carbon dioxide in trapping heat in the atmosphere over a 20-year period.
An increase in U.S. liquified natural gas (LNG) exports are projected to lead to higher volumes of U.S. natural gas exports during 2024 and 2025, according to an April 17 report published by the U.S. Energy Information Administration. U.S. LNG exports are expected to increase due to three LNG export projects presently under construction commencing…...
The U.S. exported 20.9 billion cubic feet per day (Bcf/d) of natural gas during 2023, up 10 percent compared to the previous year, according to an April 15 report published by the U.S. Energy Information Administration. U.S. natural gas volumes exported during 2023 were at an all time high. U.S. liquefied natural gas (LNG) exports…...
The U.S. exported more liquefied natural gas compared to any other nation in 2023, according to an April 1 report published by the U.S. Energy Information Administration. U.S. LNG exports averaged 11.9 billion cubic feet per day (Bcf/d) during 2023, up 12 percent from the previous year. Annual LNG exports from Australia and Qatar, the…...
Multiple states in the U.S. have initiated long-term proceedings to examine the operations of natural gas utilities, aiming to incorporate the implications of electrification goals and…Read the full report …...
Multiple states in the U.S. have initiated long-term proceedings to examine the operations of natural gas utilities, aiming to incorporate the implications of electrification goals and emissions reduction requirements into the planning processes of distribution utilities.
U.S. natural gas prices during 2023 were relatively lower, due to increases in natural gas supply surpassing the rise in natural gas demand, according to a Feb. 12 report from the U.S. Energy Information Administration. Domestic gas production and imports were robust during 2023, amid a backdrop of high U.S. natural gas storage levels. In…...
Houthi led militia attacks on commercial ships passing through the Red Sea since November 2023 has led some vessels to avoid the Bab el-Mandeb checkpoint, which is the southern entrance to the Red Sea, according to a Feb. 1 report published by the U.S. Energy Information Administration. Commercial ships are opting to take the longer…...
The U.S. Energy Department on Jan. 26 announced a temporary pause on pending applications for the export of liquefied natural gas to non-Free Trade Agreement countries while it updates the criteria used to determine whether additional export authorizations are in the public interest. The U.S. is the global leader in LNG exports with 14 billion…...