The U.S. Energy Department on March 19 authorized Venture Global’s proposals to export liquefied natural gas from its CP2 LNG project in Louisiana that had previously faced significant delays under the Biden Administration. The approval follows President Donald Trump’s energy dominance agenda, which seeks to significantly expand U.S. oil and gas production and exports. The…...
Alaskan crude oil production is forecast to rise by 16,000 barrels per day (b/d) year-on-year during 2026 to 438,000 b/d, according to a March 19 report published by the U.S. Energy Information Administration. The increase in crude oil production in the state can be attributed to two new oil developments: the Nuna and Pikka projects…....
The U.S. Environmental Protection Agency and Department of Justice on March 19 announced that the U.S. District Court for the Eastern District of Michigan accepted Hino Motors Ltd.’s guilty plea to a criminal conspiracy charge for defrauding the U.S. government and consumers, as well as illegally smuggling goods. The court ordered Hino Motors to pay…...
NextDecade Corporation announced on March 18 that the U.S. Court of Appeals for the District of Columbia Circuit revised its August 2024 ruling, which vacated the Federal Energy Regulatory Commission’s approval of the Rio Grande LNG project in Texas. The ruling remands the order for commission review without vacatur. The company now expects to continue…...
Natural gas pipelines completed during 2024 increased U.S. takeaway capacity by around 6.5 billion cubic feet per day (Bcf/d), according to a March 17 report published by the U.S. Energy Information Administration. Takeaway capacity refers to the maximum amount of gas a pipeline can transport away from a production area or storage facility on a…...
The Washington Utilities and Transportation Commission on March 18 denied a request from Puget Sound Energy to reconsider increasing utility rates by $215 million over two years. The company asserted that the rate increase was required to maintain good cash flow and credit ratings. The commission reconsidered and approved the utility’s voluntary electrification pilot project,…...
Natural gas fired electricity production came close to record highs for both hourly and daily production during the February 19-22 cold snap, according to a March 18 report published by the U.S. Energy Information Administration. Power demand in Texas historically follows a seasonal trend, peaking in the summer amid heat waves and in the winter…...
U.S. President Donald Trump on March 15 signed a joint resolution disapproving the Bureau of Ocean Energy Management’s (BOEM) rule named “Protection of Marine Archaeological Resources.”, in order to boost offshore energy development initiatives. This joint resolution nullifies the final rule issued by the BOEM and published under the previous administration in September 2024. The…...
The Bureau of Land Management on March 14 approved gen-tie transmission line and facilities for EDF Renewables’ Sapphire Solar project covering approximately 40 acres of land in Riverside County. The authorization allows EDF to develop the transmission line and infrastructure to connect the solar farm to the electric grid. Once operational, the solar power and…...
The U.S. Interior Department on March 13 announced the approval of a federal mining plan modification by the Office of Surface Mining Reclamation and Enforcement (OSMRE) for the Spring Creek Mine in Big Horn County, Montana. The approval extends the mine’s operational capability by 16 years and allows the production of around 39.9 million tons…...
U.S. propane exports averaged 1.8 million barrels per day (b/d), a record high during 2024, according to an March 13 report published by the U.S. Energy Information Administration. The U.S. is a net exporter of propane and as a result, exports can impact wholesale propane prices, since higher exports reduce domestic supply and generally lead…...
Carbon markets across the U.S. are experiencing shifts, with Washington’s auction prices climbing for the second consecutive time and potential market linkages taking shape, while…Read the full report …...
