Data source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working natural gas stocks reached 3,644 billion cubic feet (Bcf) as of November 11, 2022, according to the Weekly Natural Gas Storage Report, nearly matching the five-year […]
Freeport LNG Development LP is aiming to restart its Texas natural gas export facility in mid-December, spending the rest of the month finishing reconstruction work and fulfilling regulatory requirements. The operator of the 2.38 Bcf/d […]
The current energy crisis means that Poland will not only delay its plans to shut down existing coal mines but will also expand production and even open new facilities, two government ministers have revealed. Poland uses […]
New Englanders are fed up with high energy prices. Record U.S. gas exports to Europe have created a domestic shortage. Aggravating the energy security problem for New Englanders is the fact that a lot of […]
Louisiana should gain back 3,500 upstream oil and gas jobs by mid-2023, but natural gas prices along the Gulf Coast could remain elevated as long as demand for U.S. liquefied natural gas stays high, according […]
The global energy industry is on the cusp of a major transformation. Geopolitics will shift considerably as supply chains shift away from fossil fuels and toward rare earth minerals essential to renewable energy infrastructure and […]
Ahead of the midterm elections, many Republicans hoped a red wave would put pressure on the Biden administration’s energy agenda and help reverse it. But any plan to slow down clean energy spending looks more […]
Cost inflation impacts everyone. But for operating companies that aren’t strangers to volatility and adversity, there are opportunities for strong performance despite rising prices. Cost inflation impacts everyone. But for operating companies that aren’t strangers […]
Oil futures were on track Thursday to tally back-to-back declines as China’s zero-COVID policy continued to dull the outlook for energy demand. Natural-gas futures bucked the downtrend for the energy sector as U.S. government data […]
(Bloomberg) — US President Joe Biden is considering requiring oil companies to store more fuel inside the US as dwindling diesel stockpiles in the Northeast stoke concerns about price spikes this winter, Energy Secretary Jennifer […]
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