(Reuters) – U.S. natural gas output will rise to a record high in 2026, while demand will decline, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. EIA projected dry gas production will rise from a record 107.4 billion cubic feet per day in 2025 to 108.8 bcfd in 2026 and …
US Natgas Output to Hit Record High in 2026, While Demand Declines, EIA Says Read More »
(Reuters) – The Trump administration on Tuesday proposed a rule revising Biden-era pollution protections for waterways, a move the Environmental Protection Agency said would speed permitting of energy and artificial intelligence infrastructure. The proposed rule would revise a 2023 rule by former President Joe Biden’s administration on Section 401 of the Clean Water Act that …
Trump Set to Limit States’ Ability to Block Energy Projects in Water Rule Read More »
A Canadian tycoon who heads one of North America’s fastest-growing oil companies is advocating for his country to lend its heavy oil expertise to the United States as it seeks to rebuild Venezuela’s oil industry. Adam Waterous, the executive chair of Strathcona Resources, said Canada’s decades of experience extracting oil sands crude make it uniquely …
Canadian Oil Tycoon Proposes Aiding US in Venezuela’s Oil Revival Read More »
Workers at BP’s refinery in Whiting, Indiana are in contract negotiations with the British oil major, which has proposed changes including job cuts at the 440,000-barrel-per-day facility, the United Steelworkers union said on Tuesday. The local USW union represents around 800 workers at Whiting, the largest refinery in the U.S. Midwest. The current three-year collective …
Whiting Refinery Workers Begin Contract Negotiations With BP Read More »
(Reuters) – The discount on U.S. crude futures to the global benchmark Brent has grown by around $1 per barrel since the U.S. ousted Venezuelan President Nicolas Maduro on January 3 and took control of the South American country’s oil flows, redirecting millions of those barrels to U.S. ports in a move likely to boost …
(Reuters) – U.S. crude production will ease in 2026 and 2027 after reaching a record high in 2025, while petroleum demand will hold steady this year, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected crude production will slide to 13.59 million barrels per day (bpd) …
US Crude Output to Ease in 2026, While Demand Remains Flat, Says EIA Data Read More »
(Reuters) – Lower oil prices are expected to cut U.S. drilling activity and reduce output 1% this year from the top producing country, while potentially higher output from Venezuela could add pressure, the Energy Information Administration said on Tuesday. The comments from the Department of Energy’s statistical arm add to worries expressed by some U.S. …
(Reuters) – Cheniere Energy will process 10 billion cubic feet per day (bcf/d) of natural gas by the end of 2026, CEO Jack Fusco said on Tuesday at an API event in Washington. Fusco said he saw room for the U.S. to continue growing as an exporter. Reporting by Curtis Williams in Houston; Editing by …
Cheniere Will Process 10 bcf/d of LNG by End of 2026, CEO Says Read More »
(Reuters) – Venezuela’s state oil company has begun reopening some of the wells it and its joint venture partners had shut amid a strict U.S. embargo, as crude exports resume with two shipments departed on Monday, three sources close to operations said. The OPEC country’s oil exports had remained almost at a standstill since December, …
Venezuela Begins Reversing Oil Output Cuts as Exports Resume, Sources Say Read More »
Annual analysis explains changing U.S. load expectations, expanding long-term oil supply potential in Venezuela and selective investments across the energy transition AUSTIN, Texas (Jan. 13, 2026) — Enverus, the leading energy SaaS and analytics platform, is releasing its 2026 Global Energy Outlook, a comprehensive overview that frames the year around hydrocarbon prices, power system realities, upstream …
