For Europe energy has always been at the top of its political agenda but despite the many achievements in strengthening its infrastructure and diversifying its suppliers, the EU remains vulnerable to energy shocks and disruptions to energy supplies. One could argue that it is inevitable as the EU is a highly import dependent country. Today… Keep reading →
A new report from Brookings’ Energy Security Initiative adds more scholarly weight to the analytical case for lifting America’s decades-old ban on crude oil exports. Echoing earlier studies by IHS and ICF International, the Brookings research finds that allowing the export of domestic crude would stimulate more oil production here at home, provide broad economic benefits and strengthen U.S. energy… Keep reading →
WASHINGTON – The Energy Department announced today that it has issued the final authorization to Cameron LNG, LLC (Cameron) and Carib Energy LLC (Carib) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States. The Cameron LNG Terminal in Cameron Parish, Louisiana… Keep reading →
Supply matters. The impact of the U.S. energy revolution on global supply, with real benefits reaching consumers, is seen we head into the Labor Day weekend. The U.S. Energy Information Administration (EIA) reports the U.S. average retail price for gasoline on Aug. 25 was the lowest price on the Monday before Labor Day since 2010: EIA explains:… Keep reading →
How SolarWorld spent its summer vacation Here’s a roundup of SolarWorld’s tumultuous summer. Winning trade battles In June, the Department of Commerce found in favor of petitioner SolarWorld in that company’s trade case against Chinese solar module makers. The preliminary decision imposed significant tariffs on Chinese solar modules in the anti-dumping portion of this case.… Keep reading →
Last winter’s unusually harsh weather drew down natural gas storage inventories well below five-year average levels and left the industry assessing the degree to which producers would replenish inventories ahead of heating demand season. With summer drawing to a close and roughly 12 weeks of injections remaining before estimated peak storage, analysts are predicting where… Keep reading →
The DOE will act on LNG export applications involving non-FTA countries only after completing the National Environmental Policy Act review and halt its practice of issuing conditional authorizations. On August 15, 2014, the Department of Energy’s (DOE) Office of Fossil Energy published final revised procedures for liquefied natural gas (LNG) export decisions involving non-Free Trade… Keep reading →
FERC has authorized Freeport LNG to liquefy and export liquefied natural gas from its Quintana Island Terminal in Texas. On July 30, 2014, the Federal Energy Regulatory Commission (FERC) authorized Freeport LNG Development LP to construct and operate facilities for natural gas liquefaction and export from its liquefied natural gas (LNG) import terminal near Freeport,… Keep reading →
A theory emerged to explain the appearance of a massive crater in Russia’s hydrocarbon-rich Yamal Peninsula that has climate-change observers extremely concerned. Analysts have long known that Russia’s energy future lies beneath the frozen ground of Yamal and independent producer Novatek is building a large LNG export project now with the help of French oil… Keep reading →
The American Petroleum Institute organized a tour of natural gas drilling operations and newly-created educational opportunities in southeastern Pennsylvania Monday. Prolific Marcellus shale development is driving a need for skilled workers in a region struggling with high unemployment rates. “About 6.8 percent of Philadelphians are unemployed, according to the U.S. Bureau of Labor and Statistics… Keep reading →
