In our June 2022 Short-Term Energy Outlook (STEO), we forecast that U.S. natural gas spot prices will increase again this month and then remain high through the rest of 2022. Natural gas spot prices at […]
Annual financial reports by 119 publicly traded exploration and production companies show aggregate proved reserves of crude oil and natural gas increased by 19.2 billion barrels of oil equivalent (BOE) in 2021. A number of […]
Copenhagen Infrastructure Partners’ (CIP) new offshore wind project in Taiwan, called Taichung Fengmiao, has obtained the recommendation of approval by Taiwan’s Environmental Impact Assessment (EIA) review committee. This is according to an update shared on […]
During the first four months of 2022, the United States exported 74% of its liquefied natural gas (LNG) to Europe, compared with an annual average of 34% last year, according to our recently released Natural […]
ENB Publishers Note: This is the first in our series of white papers the ENB Research Team will be releasing related to the energy transition and the effect it will have on society from all […]
Source: U.S. Energy Information Administration, Natural Gas Monthly In January 2022, natural gas consumed for electric power in the United States averaged 31.6 billion cubic feet per day (Bcf/d), the highest January average on record and the […]
Source: Graph by the U.S. Energy Information Administration, based on data from Bloomberg The U.S. price of ammonia, the primary source of nitrogen fertilizer, has risen by a factor of six in the past two years, […]
Warmer than usual spring weather, expectations of a hotter summer, and record LNG exports to help Europe reduce dependence on Russian gas could send the U.S. benchmark natural gas prices to above $10 per million […]
Weekly U.S. crude oil production figures by the Energy Information Administration are a closely watched data set, but monthly production figures—which lag by months—often are seen as painting a more accurate picture of true production. […]
The Energy Information Administration on Tuesday lowered its average global petroleum and liquid fuels consumption forecast for 2022 to 99.8 million barrels per day from the previous forecast of 100.6 million barrels a day. For […]
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