exports
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Players are making big bets in the thriving yet fragile global LNG market with record global trade expected to grow another 25% in the next 5 years. -
Energy security in Europe—and globally—now rests on US natural gas exports. Europe’s shift from Russian gas to other supplies has dramatically and permanently changed global gas trade and energy markets.
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The sites with the most CO2 emissions to capture are often far from the best rock to sequester it, leading to design projects for transport ships.
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Among the biggest questions for crude markets today is where Russia’s export volumes are headed and to whom.
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Most crude exports coming out of the North Sea since March have been destined for Asia, where floating storage levels remain high.
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The drop in US LNG exports comes amid a combination of weak demand, ample supply, additional capacity coming on line, and flexibility to cancel US cargoes.
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It is the first time the country was a net exporter of crude and petroleum products during a month since the US Energy Information Administration began keeping such records in 1973.
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An EIA report shows natural gas exports reaching 4.6 Bcf/D in February, the 13th consecutive month in which the country's natural gas exports exceeded its imports. Exports are projected to reach 7.5 Bcf/D by 2020.
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The shale revolution is leading the US into a unique position: a bigger exporter of crude and petroleum liquids than the Kingdom of Saudi Arabia.
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A new report predicts that US output will rise to a new record high of 12.1 million B/D in 2020.
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