Saturday, June 20, 2026
Permitting bottlenecks threaten energy security, NPC tells U.S. Department of Energy- oil and gas 360

Permitting bottlenecks threaten energy security, NPC tells U.S. Department of Energy

(World Oil) – The National Petroleum Council (NPC) has released the first two reports in its Future Energy Systems series, outlining a suite of reforms aimed at strengthening U.S. energy reliability as electricity demand accelerates. The reports—requested by U.S. Energy Secretary Chris Wright—call for streamlined permitting, clearer accountability frameworks, and improved coordination between natural gas and electric market regulators. NPC Chair

US LNG exports will shrink if margin squeeze intensifies: Bousso- oil and gas 360

US LNG exports will shrink if margin squeeze intensifies: Bousso

(BOE Report) – Soaring U.S. natural gas prices are eroding profit margins for the nation’s LNG producers, a trend that could deepen in the coming years, forcing exports to drop as global competition heats up. U.S. benchmark Henry Hub gas prices spiked on Wednesday to their highest level in three years at over $5 per million British thermal units (mmbtu)

Soaring U.S. natural gas prices could boost coal power generation- oil and gas 360

Soaring U.S. natural gas prices could boost coal power generation

(Oil Price) – U.S. coal-fired power generation is set to rebound in the winter months as surging natural gas prices prompt utilities to switch from gas to using more coal. U.S. benchmark natural gas prices at Henry Hub have jumped from $4.23 per million British thermal units (MMBtu) at the start of November to nearly $5 per MMBtu by early December. Early on

Venezuela’s oil exports surpass 900,000 bpd despite US pressure, data shows- oil and gas 360

Venezuela’s oil exports surpass 900,000 bpd despite US pressure, data shows

(BOE Report) – Venezuela’s oil exports rose slightly to some 921,000 barrels per day (bpd) in November, the third-highest monthly average so far this year, as the country used more diluents to produce exportable grades, according to shipping data and documents. The OPEC producer is under increasing political pressure from the U.S., which has struck a score of alleged drug-smuggling

Oil prices rise as talks fail to achieve Ukraine peace deal- oil and gas 360

Oil prices rise as talks fail to achieve Ukraine peace deal

(Investing) – Oil prices rose Wednesday, bouncing after the previous session’s losses, as high-level U.S.-Russia talks failed to reach a breakthrough in ending the war in Ukraine. At 08:05 ET (13:05 GMT), Brent Oil Futures expiring in February rose 1.1% to $63.15 per barrel and West Texas Intermediate (WTI) crude futures gained 1.3% to $59.38 per barrel. Both contracts slipped more than 1% on Tuesday.

Trump moves to supercharge U.S. LNG as exports hit new highs- oil and gas 360

Trump moves to supercharge U.S. LNG as exports hit new highs

(Oil Price) – The U.S. federal government is considering further steps to speed up the buildout of liquefied natural gas export infrastructure as flows of natural gas to LNG plants hit a record high. Exports, as it happens, are also running at all-time highs. The Federal Energy Regulatory Commission’s chairwoman announced the coming changes in a statement that said, “Energy infrastructure needs to

NextDecade begins pre-filing process to expand Rio Grande LNG project- oil and gas 360

NextDecade begins pre-filing process to expand Rio Grande LNG project

(BOE Report) – NextDecade Corp said on Monday it has started the U.S. regulatory pre-filing process to add a sixth liquefaction unit and an extra marine berth at its Rio Grande liquefied natural gas project in Texas, with a full application expected in 2026. The U.S. LNG sector has been rapidly expanding after President Donald Trump lifted the moratorium on

Trump administration restructures DOE, dropping clean-energy offices in favor of hydrocarbons- oil and gas 360

Trump administration restructures DOE, dropping clean-energy offices in favor of hydrocarbons

(World Oil)– The Trump administration is eliminating Energy Department offices focused on clean energy and renewables and, instead, creating units dedicated to hydrocarbons and fusion energy.   The changes are part of an agency reorganization unveiled Thursday. The plan made no mention of staffing reductions as part of the realignment, and the agency didn’t immediately respond to a request for

Oil extends decline as US presses for Russia-Ukraine peace deal- oil and gas 360

Oil extends decline as US presses for Russia-Ukraine peace deal

Investing – LONDON -Oil prices fell on Friday, extending declines for a third session as the United States pushed for a Russia-Ukraine peace deal that could swell global supply while uncertainty over interest rates curbed investors’ risk appetite. Brent crude futures dropped by $1, or around 1.6%, to $39 a barrel by 1417 GMT. U.S. West Texas Intermediate crude (CLc1) was down

U.S. backs nuclear plant restart as AI power demand soars- oil and gas 360

U.S. backs nuclear plant restart as AI power demand soars

(Oil Price) – The U.S. Department of Energy is extending a $1-billion loan to help Constellation Energy restart the Three Mile Island Unit 1 nuclear reactor to add baseload power to the grid and help the AI advancement in the United States. “Funded by the Energy Dominance Financing Program, this interest-bearing loan will lower Constellation’s cost of financing and leverage private investment to

Saudi Aramco to sign US LNG agreements during crown prince’s visit to Washington, sources say- oil and gas 360

Saudi Aramco to sign US LNG agreements during crown prince’s visit to Washington, sources say

(BOE Report) – Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth LNG when Saudi Arabia’s Crown Prince Mohammed bin Salman visits Washington next week, sources familiar with the matter told Reuters. The world’s largest oil exporter, Saudi Aramco, wants to become a major liquefied natural gas player, especially in the United

How America’s shale strategy is powering a new Middle East energy boom- oil and gas 360

How America’s shale strategy is powering a new Middle East energy boom

(Oil Price) – The highly focused development of the U.S.’s shale oil and gas sectors from the early 2010s transformed it from one of the world’s biggest importers of both into one of its leading exporters of both. But it did much more than this: it reversed the balance of energy power in the world from where it had been