The Latest

Belcher: Election Year LNG ‘Pause’ will have Huge Negative Impacts

The Biden administration’s decision to pause permitting of LNG projects has damaged the U.S.’ reputation in ways impossible to calculate.

The OGInterview: TG Natural Resources Rides LNG Wave

TG Natural Resources rides the LNG wave with its Rockcliff deal amid a shale consolidation boom.

US EPA Removes Existing Gas Plants From Proposed Carbon Rule

The U.S. Environmental Protection Agency will exclude existing natural gas power plants from its proposed carbon regulations that it plans to finalize in April. 

Global Oil Demand to Grow by 1.9 MMbbl/d in 2024, Says Wood Mac

Oil prices have found support this year from rising geopolitical tensions including attacks by the Iran-aligned Houthi group on Red Sea shipping.

Repsol Eyes Increasing Core US Upstream Business

Madrid-based Repsol SA will invest €$2.2 billion (US$2.38 billion) between 2024-2027 on its unconventional assets in the Marcellus and Eagle Ford as it focuses on increasing its core U.S. upstream business platform.

Despite LNG Permitting Risks, Cheniere Expansions Continue

U.S.-based Cheniere Energy expects the U.S. market, which exported 86 million tonnes per annum (mtpa) of LNG in 2023, will be the first to surpass the 200 mtpa mark—even taking into account a recent pause on approvals related to new U.S. LNG projects.

APA’s Permian to Pick up Production Slack Amid Overseas Headaches

With various overseas headaches, Houston-based APA Corp. aims to boost its Permian Basin volumes and integrate its Callon Petroleum acquisition when it closes in the second quarter.

Israel Says Gas Exports to Egypt, Jordan Rose 25% in 2023

Israel said on Feb. 26 that gas supplies to Egypt and Jordan rose by about 25% in 2023. 

US Expected to Supply 30% of LNG Demand by 2030

Shell expects the U.S. to meet around 30% of total global LNG demand by 2030, although reliance on four key basins could create midstream constraints, the energy giant revealed in its “Shell LNG Outlook 2024.”

Excelerate Energy’s CEO Kobos Bullish on US LNG

In a world rattled by instability, his company offers a measure of energy security to natural gas users via its fleet of floating storage and regasification units.