Post Tagged with: "Exports"

Source: Royal Dutch Shell

New Bill to Expand U.S. LNG Exports

New legislation set to allow LNG export to WTO members without DOE approval

Congressman Mike Turner (R-OH) reintroduced legislation, titled the “American Job Creation and Strategic Alliances LNG Act,” yesterday in order to lift trade restrictions on the …

January 14, 2015 - 6:44 pm Oil and Gas 360 Articles, Politics & Opinions
EIA Reports on Benefits of U.S. Exports

EIA Reports on Benefits of U.S. Exports

Exports of liquefied natural gas (LNG) are set to begin in 2015, and the number of United States LNG export stations are expected to triple by 2019. The next phase of U.S. energy is almost here, regardless of dissenting opinions …

U.S. Coal Exports Drop 16% in First Half of 2014

U.S. Coal Exports Drop 16% in First Half of 2014

U.S. coal exports continued to decline from record volumes in 2012, according to an EIA report out today.

In the first half of 2014, U.S. coal exports were at 52.3 million short tons (MMst), down 16% from the export levels …

October 3, 2014 - 11:12 am International, Oil and Gas 360 Articles
Brookings Study Finds Multiple Benefits from Immediately Lifting U.S. Crude Export Ban

Brookings Study Finds Multiple Benefits from Immediately Lifting U.S. Crude Export Ban

The Brookings Institute released a study last week comparing the effects of immediate lifting of the U.S. crude oil export ban vs. delaying till 2020.

The study data showed a positive uptick for the GDP in all cases, a 0.14 …

September 15, 2014 - 6:56 pm Oil and Gas 360 Articles, Oilfield Services, OPEC
U.S. Energy: EU’s Alternative to Russia?

U.S. Energy: EU’s Alternative to Russia?

The European Union (EU) and United States levied more sanctions on Russia today in an effort to hamper the country’s already struggling economy. The latest sanctions primarily target Russia’s oil industry and military equipment. Supermajors participating in projects with Russia’s …

Government Agencies Backing Up Claim to Grant Speedy LNG Export Approvals

Government Agencies Backing Up Claim to Grant Speedy LNG Export Approvals

In May 2014, the United States government announced intentions to accelerate the review process for LNG exports. The decision came when tensions were rising among Russia and the rest of Europe regarding its involvement in Ukraine. Europe threatened sanctions and …

CNBC: Atlas Energy CEO on NatGas from EnerCom in Denver

Atlas Energy CEO Ed Cohen appeared on CNBC’s Squawk Box from EnerCom’s The Oil & Gas Conference in Denver, Colorado, to discuss the current natural gas landscape and how “too much of a good thing” has supposed prices.

Important

August 28, 2014 - 10:48 am Oil and Gas 360 Articles, Oilfield Services
DOE Approves First West Coast LNG Terminal

DOE Approves First West Coast LNG Terminal

Yesterday, the Department of Energy (DOE) announced that it will allow LNG Development Co. (ticker: LLC) to export LNG from a terminal in Warrenton, Oregon, to countries without a Free Trade Agreement. The terminal is the first of its …

Jones Act Changes Could Limit LNG’s Export Effect

Jones Act Changes Could Limit LNG’s Export Effect

The Jones Act is the nickname for a 94-year-old law entitled the Merchant Marine Act of 1920 that allows only U.S.-made, U.S.-manned, and U.S.-flagged ships to transfer goods or passengers between U.S. ports. Although it was meant to protect domestic …

July 14, 2014 - 5:04 pm Oil and Gas 360 Articles, Regulatory
Fueling Truck Fleet with Natural Gas Would Eliminate 3 MMBOPD of Crude Oil Imports: Pickens

Fueling Truck Fleet with Natural Gas Would Eliminate 3 MMBOPD of Crude Oil Imports: Pickens

Energy Entrepreneur T. Boone Pickens revisited CNBC on Monday, reiterating his call for natural gas as widespread transportation fuel. Pickens told CNBC that energy independence would come much faster if the country’s over-the-road truck fleet were converted to natural gas …

July 7, 2014 - 5:01 pm Oil and Gas 360 Articles, OPEC
Gardner’s LNG Bill Zips Through the House

Gardner’s LNG Bill Zips Through the House

According to govtrack.us, U.S. Representative Cory Gardner passed his H.R. 6 bill, also known as the Domestic Prosperity and Global Freedom Act, through the House on June 25, 2014. The bill passed on a count of 266-150, with 46 …

June 26, 2014 - 5:10 pm Oil and Gas 360 Articles
Japan Looks to Import U.S. Natural Gas

Japan Looks to Import U.S. Natural Gas

With its 55 nuclear reactors currently offline in answer to the devastating earthquake and tsunami it suffered in March 2011, Japan has been forced to import more expensive alternative fuels to replace the homegrown nuclear-fueled electrical generation capacity which previously …

Paving the Way for LNG Exports: FERC Approves Second LNG Terminal in the U.S.

Paving the Way for LNG Exports: FERC Approves Second LNG Terminal in the U.S.

Sempra Energy (ticker: SRE) has received approval from the Federal Energy Regulatory Commission (FERC) to build the second liquefied natural gas (LNG) export plant in the United States, according to a company press release on June 19, 2014. The …

British Columbia Seeking Investment in its LNG Opportunities but Costs, Russia Raise Concern

British Columbia Seeking Investment in its LNG Opportunities but Costs, Russia Raise Concern

Liquefied natural gas (LNG) is being touted as the next major movement in the energy industry. Supermajors like Chevron (ticker: CVX), ExxonMobil (ticker: XOM) and Shell (ticker: RDS.B) are investing billions to build up LNG networks while …

June 2, 2014 - 10:56 am International, Midstream, Oil and Gas 360 Articles, OPEC
Asia-Pacific Loads Up on LNG for Long-Term; Ukraine Crisis Clouds Global Short-Term Situation

Asia-Pacific Loads Up on LNG for Long-Term; Ukraine Crisis Clouds Global Short-Term Situation

The United States energy market has big decisions ahead of it: Do we export oil? How do we safely transport crude oil across our country? Should we build the Keystone pipeline? And perhaps more captivating is what the industry/country should …

Countries Unanimously Agree on Gas-pricing System at Second Gas Summit of Gas Exporting Countries Forum

Russian leader, Vladimir Putin, has been dipping his toes in to a lot of pools lately. Between his position on possibly allowing Edward Snowden to seek asylum in Russia and his hosting of the second Gas Summit of the Gas …

July 3, 2013 - 12:23 pm Oil and Gas 360 Articles, Regulatory

Cheniere and Centrica Sign 20-Year LNG Sale and Purchase Agreement for LNG Exports from Sabine Pass

Cheniere Energy Partners, L.P. (NYSE MKT: CQP) announced today that its subsidiary, Sabine Pass Liquefaction, LLC (“Sabine Liquefaction”), has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Centrica plc (“Centrica”) under which Centrica has agreed …

March 26, 2013 - 4:39 pm Oil and Gas 360 Articles