US News

Auto Added by WPeMatico

US LNG Exporters Stick With Methane Measures Despite EPA Rollbacks

Summary • Trump EPA last week rolled back dozens of regulations • EU retains stricter regulations for greenhouse gas emissions • Japan and South Korea also seek emissions data for LNG imports • Satellites still monitor emissions, even if EPA does not (Reuters) – U.S. liquefied natural gas exporters, seeking to meet standards of overseas …

US LNG Exporters Stick With Methane Measures Despite EPA Rollbacks Read More »

Oil Prices Hold Steady as Duel Drawdown Counters Strong Dollar

(Reuters) – Oil prices were little changed on Thursday, as a higher-than-expected fuel inventories drawdown in the U.S and renewed tensions in the Middle East countered strength in the dollar. Brent crude futures slipped 11 cents, or 0.16%, to $70.67 a barrel by 1038 GMT, while U.S. West Texas Intermediate crude (WTI) contract for April …

Oil Prices Hold Steady as Duel Drawdown Counters Strong Dollar Read More »

Biden LNG Study Shelved After Pollution Impacts Deemed Minor

By Jennifer A Dlouhy and Ari Natter Backers of LNG exports argue that when gas displaces coal as a source of electricity.Photographer: Brandon Bell/Getty Images When the Biden administration stopped approving licenses to export US liquefied natural gas in January of last year, officials said they first needed to determine how those shipments would affect …

Biden LNG Study Shelved After Pollution Impacts Deemed Minor Read More »

Alaska’s Crude Oil Production to Grow in 2026, First Time Since 2017, EIA Says

(Reuters) – The U.S. Energy Information Administration on Wednesday forecast that Alaska’s annual crude oil production will increase in 2026, a first since 2017 and, if realized, the largest since 2002. The agency in its March 2025 Short-Term Energy Outlook report forecasts Alaska’s crude production to rise by “16,000 barrels per day (bbl/d) in 2026 …

Alaska’s Crude Oil Production to Grow in 2026, First Time Since 2017, EIA Says Read More »

Citadel Expands Further in US Natural Gas With $1 Billion Deal

By Devika Krishna Kumar and Ruth Liao Citadel made one of its biggest investments yet in the physical US natural gas market, expanding in one of its most profitable business areas. The hedge fund, led by Ken Griffin, agreed to buy assets from closely held Paloma Natural Gas LLC in a deal valued at about …

Citadel Expands Further in US Natural Gas With $1 Billion Deal Read More »

Brookfield Leading Race to Acquire US$10 Billion Colonial Pipeline

Despite Donald Trump’s push to expand domestic energy infrastructure, building new oil and natural gas pipelines remains difficult Brookfield Asset Management Ltd. is emerging as the front-runner to acquire Colonial Pipeline Co., people familiar with the matter said. The investment firm is seen as the strongest contender after final offers were submitted last week, advancing …

Brookfield Leading Race to Acquire US$10 Billion Colonial Pipeline Read More »

US Natgas Prices Jump 5% to One-Week High on Record LNG Flows, Daily Output Drop

(Reuters) – U.S. natural gas futures jumped about 5% to a one-week high on Wednesday on record flows to liquefied natural gas (LNG) export plants and a second drop in daily output. Front-month gas futures for April delivery on the New York Mercantile Exchange rose 19.5 cents, or 4.8%, to settle at $4.247 per million …

US Natgas Prices Jump 5% to One-Week High on Record LNG Flows, Daily Output Drop Read More »

US Crude Oil Imports Fell to Two-Year Low Last Week, EIA Data Shows

(Reuters) – U.S. commercial crude oil imports fell last week by 85,000 barrels per day (bpd) to 5.4 million bpd, the lowest since March 2023, data from the U.S. Energy Information Administration showed on Wednesday. U.S. crude oil imports from top supplier Canada also fell last week to a two year low of 3.1 million …

US Crude Oil Imports Fell to Two-Year Low Last Week, EIA Data Shows Read More »

US Crude Stocks Rise More Than Expected But Gasoline and Distillate Inventories Fall – EIA

(Reuters) – U.S. crude stocks rose more than expected even as gasoline and distillate inventories fell last week in a sign of sustained fuel demand, the Energy Information Administration said on Wednesday. Crude inventories rose by 1.7 million barrels to 437 million barrels in the week ended March 14, the EIA said, compared with analysts’ …

US Crude Stocks Rise More Than Expected But Gasoline and Distillate Inventories Fall – EIA Read More »

Trump to Clear Venture Global LNG Exports From Louisiana Project, Bloomberg News Reports

(Reuters) – U.S. President Donald Trump’s administration is set to grant Venture Global LNG conditional approval to export natural gas from a proposed Louisiana facility, which had faced delays under former President Joe Biden, Bloomberg News reported. The Energy Department is set to authorize widespread exports from the company’s CP2 project as soon as Wednesday, …

Trump to Clear Venture Global LNG Exports From Louisiana Project, Bloomberg News Reports Read More »