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President Donald Trump on Thursday will lay out his plan for reducing regulations to boost already-abundant U.S. production of oil, natural gas and coal and export it around the world, creating American jobs and helping allies.
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June 27, 2017   Reuters  |  United States  |  oil supply regulation
About 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year.
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June 26, 2017   Reuters  |  United States  |  electric power regulation
The U.S. solar industry would see two-thirds of expected demand dry up over the next five years if a trade case aimed at propping up the domestic panel manufacturing industry is successful, a new report said on Monday.
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June 26, 2017   Reuters  |  United States  |  oil demand oil supply
A gallon of gasoline that allows a driver on the U.S. East Coast to travel about 25 miles has already navigated thousands of miles from an oil field to one of the world's largest fuel markets.
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Lithuania's state-owned gas trader Lietuvos Duju Tiekimas (LDT) said on Monday it had signed a deal to buy liquefied natural gas (LNG) directly from the United States for the first time and expects to receive a delivery in the second half of August.
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Poland hopes a visit from U.S. President Donald Trump next month will pave the way for liquefied natural gas (LNG) deals with U.S. producers, a Polish government energy official said.
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June 23, 2017   Reuters  |  United States  |  oil supply natural gas supply
In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth.
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Korea Gas Corp (KOGAS) will early next month receive its first liquefied natural gas (LNG) cargo under a long-term supply deal with U.S. exporter Cheniere Energy, two sources at the South Korean company said on Friday.
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June 23, 2017   Platts  |  United States  |  electric power
The Electric Reliability Council of Texas could see power demand reach 67.8 GW Friday, setting a new high for 2017, as Friday could be the hottest day for ERCOT this year.
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June 23, 2017   Argus  |  United States  |  coal electric power regulation
The natural gas industry is working to counter claims from officials in President Donald Trump's administration who say preserving coal-fired power plants is needed to preserve the reliability of the electric grid.
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When OPEC leader Saudi Arabia pledged in May to do "whatever it takes" to defend world oil prices, it didn't expect the market to be testing its resolve just one month later.
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June 22, 2017   Reuters  |  United States  |  oil demand oil supply
The operator of the biggest U.S. fuel pipeline system said on Thursday demand to transport gasoline to the country's populous northeast is the weakest in six years, the latest symptom of a global oil market grappling with oversupply.
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Russia's largest natural gas producer Gazprom has made no changes to the Nord Stream-2 gas pipeline project despite a possible new round of U.S. sanctions against Russia, Gazprom Deputy Chief Executive Andrei Kruglov said on Thursday.
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June 22, 2017   Platts  |  United States  |  natural gas supply
The core of the Marcellus Shale play in southwestern Pennsylvania, which had long been thought to lie in a belt running through counties south of Pittsburgh, actually extends beneath the city and into counties to the north, an executive with a private producer said in Pittsburgh Thursday.
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Some US natural gas liquefaction capacity likely will be temporarily shut before the end of the decade to try to balance an oversupplied global LNG market, a BP executive told Argus.
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June 22, 2017   Reuters  |  United States  |  oil supply regulation
Oil will continue to flow through the Dakota Access Pipeline through the summer while authorities conduct additional review of the environmental impact, after a judge on Wednesday ordered more hearings in coming months.
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Stronger coal output and lower uplift and congestion costs overpowered heavier loads, weaker wind and virtually flat natural gas prices to push Midcontinent Independent System Operator average real-time power prices lower in May, an analysis of data presented to stakeholders Wednesday showed.
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June 21, 2017   Argus  |  United States  |  natural gas exports LNG
Cheniere Energy is offering US liquefaction capacity for lower prices and shorter durations in a bid to attract customers amid an oversupplied market.
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June 21, 2017   Reuters  |  United States  |  oil supply natural gas supply
Crude oil's bear market is highlighting the haves and have nots among U.S. shale producers, with the stronger promising to keep pumping even as prospects dim for some of their financially strapped peers.
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June 21, 2017   Reuters  |  United States  |  oil supply
Energy companies have shut roughly 17 percent, or 301,618 barrels per day, of U.S. Gulf of Mexico oil production ahead of Tropical Storm Cindy, the Bureau of Safety and Environmental Enforcement (BSEE) said on Wednesday.
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