Saturday, July 11, 2026
North America’s LNG export capacity could more than double by 2029, EIA says- oil and gas 360

North America’s LNG export capacity could more than double by 2029, EIA says

(Investing)– Liquefied natural gas exporters in the U.S. have announced plans to more than double U.S. liquefaction capacity, adding an estimated 13.9 billion cubic feet per day (Bcf/d) by 2029, the U.S. Energy Information Administration said on Thursday. The EIA cited its Liquefaction Capacity File and trade press reports for the forecast, and added that the U.S. is already the

Biden to ban offshore oil, gas drilling in vast areas ahead of Trump term- oil and gas 360

Biden to ban offshore oil, gas drilling in vast areas ahead of Trump term

(Investing) – U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision President-elect Donald Trump, who has vowed to boost domestic energy production, may find difficult to reverse. The move is considered mostly symbolic, as it will not impact areas where oil and gas development is currently underway, and mainly covers zones