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Keyword: naturalgas

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  • U.S. on Track to Be World’s No.2 LNG Exporter by End-2022 -IEA

    07/14/2017 3:59:26 PM PDT · by Oatka · 19 replies
    Reuters via gCaptain ^ | July 13, 2017 | Nina Chestney
    By Nina Chestney LONDON, July 13 (Reuters) – The United States is on track to have capacity to become the world’s second largest exporter of liquefied natural gas (LNG) by the end of 2022, just behind Australia and ahead of Qatar, the International Energy Agency (IEA) said. [snip] "By the end of our forecast period, the United States will be well on course to challenging Australia and Qatar for global leadership among LNG exporters,” the report said."
  • Trump to promote U.S. natgas exports in Russia's backyard

    07/06/2017 2:39:06 AM PDT · by barmag25 · 18 replies
    RUETERS ^ | 7/4/17 | Roberta Rampton
    President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs.
  • Trump Launched An Energy Revolution While Everyone Was Obsessing On His Tweets

    07/05/2017 4:35:10 AM PDT · by IBD editorial writer · 36 replies
    Investor's Business Daily ^ | 7/3/2017 | Staff
    Natural Resources: Last week President Trump announced plans to make the U.S. not just energy independent, but a global energy powerhouse. Too bad everyone was hyperfocused on his tweets. On Thursday, Trump said he was ushering in a new energy policy that marked an end to decades of fretting about an alleged "energy crisis" brought on by supposed limited domestic supplies and an insatiable demand for fossil fuels. "We now know that was all a big, beautiful myth," Trump said in remarks at the Department of Energy. "The truth is that we have near-limitless supplies of energy in our country."...
  • Trump to promote U.S. natgas exports in Russia's backyard

    07/03/2017 6:45:04 PM PDT · by upchuck · 19 replies
    Reuters ^ | July 3, 2017 | Roberta Rampton and Timothy Gardner
    President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs. In recent years, Moscow has cut off gas shipments during pricing disputes with neighboring countries in winter months. Exports from the United States would help reduce their dependence on Russia. Trump will tell the group that Washington wants to help allies by making it as easy as possible for U.S. companies to ship more liquefied natural gas (LNG) to central and eastern...
  • U.S. Shale Just Triggered A Chemical Industry Renaissance

    07/03/2017 3:51:49 PM PDT · by bananaman22 · 9 replies
    Oilprice.com ^ | 03-07-2017 | Para
    The shale revolution in the U.S. has led to a boom in domestic natural gas production, to the point that America is expected to become a net exporter of natural gas on an average annual basis by 2018. Abundant gas at home has also led to a renaissance in the petrochemical industry in the U.S., which had suffered a downturn in 2008 and 2009. But then came the shale revolution, and chemical companies in the U.S. now use the affordable ethane—a natural gas liquid derived from shale gas—as a feedstock. Abundant and cheap, shale gas and ethane are now feeding...
  • France to ban oil and gas exploration

    06/23/2017 5:04:18 AM PDT · by GonzoII · 55 replies
    AFP ^ | 23 June 2017
    PARIS (AFP) - France is to stop granting new licences for oil and gas exploration on the mainland and in overseas territories, Environment Minister Nicolas Hulot said Friday. "There will be no new exploration licences for hydrocarbons, we will pass the law this autumn," Hulot said on BFMTV. President Emmanuel Macron said during his election campaign in February that he was opposed to exploration for gas and shale gas in mainland France.
  • China opens gates to US beef imports [and natural gas/ some financial services]

    06/21/2017 8:34:11 PM PDT · by GonzoII · 32 replies
    AFP/Yahoo ^ | 21 June 2017
    Beijing (AFP) - China opened its gates to US beef imports this week, giving American cattle farmers much sought-after access to the country's massive market following a 14-year ban. Shipments of eligible US beef have been allowed to enter China since Tuesday, the General Adminstration of Quality Supervision, Inspection and Quarantine said in a statement. Announced last month, the lifting of the beef embargo was one of the first concrete results of trade discussions that began when Chinese President Xi Jinping met with Donald Trump at the US leader's resort in Florida in April.
  • New Briquetted Iron Plant for East Toledo, OH (1.200 const. jobs & 130 perm. jobs at $100K year)

    06/19/2017 11:55:35 PM PDT · by 2ndDivisionVet · 9 replies
    Cleveland's Cliffs Natural Resources Inc. announced it will build the Midwest's first-ever plant producing hot briquetted iron used in steelmaking. The $700 million project is expected to break ground in early 2018 on the Ironville site in East Toledo, a former Brownfield site. The project is scheduled to create 1,200 construction jobs and 130 permanent jobs. Hourly jobs at the plant will pay about $100,000, said Lourenco Goncalves, chairman, president and chief executive officer of the 170-year-old mining and natural resources company. The plant will be Cliffs' first facility in Ohio and is to begin production in 2020. "We got...
  • First tanker with US natural gas reaches Poland

    06/11/2017 3:32:49 AM PDT · by GonzoII · 11 replies
    AP/New Jersey Herald ^ | Updated: Jun. 8, 2017 11:26 am | MONIKA SCISLOWSKA
    WARSAW, Poland (AP) — The first ever tanker with liquefied natural gas from the United States arrived in Poland on Thursday as part of the country's — and the region's — efforts to cut its dependence on Russia. It was the first delivery of U.S. gas to eastern and northern Europe, which is building a new network of energy sources and gas transportation. Last year, Poland opened its first terminal for liquefied natural gas, or LNG, in Swinoujscie, on the Baltic Sea coast, to be able to receive such gas from distant suppliers like the U.S. or Qatar, which has...
  • Rick Perry: 'First-ever' natural gas exports [to northern Europe] offer hedge against Russia

    06/10/2017 4:21:38 AM PDT · by GonzoII · 50 replies
    Washington Examiner ^ | Jun 9, 2017, 2:56 PM | John Siciliano
    The Trump administration on Friday touted the delivery of the first-ever shipments of U.S. natural gas to northern Europe as a move that will help lessen the demand for Russian energy supplies. Energy Secretary Rick Perry said shipments of U.S. liquefied natural gas, or LNG, arrived in the Netherlands and Poland on Thursday. "U.S. LNG has begun arriving in Europe with some frequency, providing a diverse source of supply and ensuring energy security for Europe," Perry said. "Europe has been looking to the United States as a key potential source for energy diversification to decrease Russia's leverage as the region's...
  • America First with Alaskan Oil

    06/06/2017 8:56:23 AM PDT · by Kaslin · 11 replies
    American Thinker.com ^ | June 6, 2017 | Fritz Pettyjohn
    On his recent visit to Alaska, Interior Secretary Ryan Zinke began laying the groundwork to open the 3% of the Arctic National Wildlife Refuge contained in Area 1002 to oil development. He ordered a new assessment of the area's potential oil reserves. The most recent comprehensive study by the United States Geological Survey was completed in 1998, and its mean estimate of recoverable reserves in Area 1002 was 7.7 BBO (billion barrels of oil). At $45 a barrel, that's $346 billion. Most of this oil lies in the western portion, near the terminus of the Trans Alaska Pipeline at Prudhoe...
  • Europe Slams Trump In Public On Climate, Lobbies Him In Private For Natural Gas Exports

    06/04/2017 2:03:45 PM PDT · by 2ndDivisionVet · 24 replies
    The Daily Caller ^ | June 3, 2017 | Andrew Follett
    European leaders criticizing President Donald Trump’s Thursday decision to withdraw from the Paris climate accord have also been lobbying the administration to fast-track the approval of liquefied natural gas (LNG) export terminals. ProPublica’s Andrew Revkin reported Friday that, while European leaders were “generally basking in the glow of the Paris Agreement,” they’ve been quietly lobbying Trump since February to fast-track approvals of multi-billion-dollar investments in U.S. LNG export terminals. Maros Sefcovic, who heads the European Union’s commission on energy policy, told ProPublica in April that “LNG exports were a central focus of meetings earlier in the year in Washington with...
  • Three Mile Island Nuclear Power Plant To Shut Down In 2019

    05/30/2017 10:13:29 AM PDT · by Olog-hai · 19 replies
    NPR ^ | May 30, 2017 11:58 AM ET | Merrit Kennedy
    The company that owns the Three Mile Island nuclear plant, site of the worst nuclear disaster in U.S. history, announced that it plans to shutter the facility in 2019 unless the state of Pennsylvania steps in to keep it open. The plant near Harrisburg, Pa., hasn’t been profitable for the past five years, according to owner Exelon Corp. The company announced last week that it failed to auction off future energy production from Three Mile Island for the third year in a row. “Today is a difficult day, not just for the 675 talented men and women who have dedicated...
  • Trump Opens Doors on Oil Exploration, but Deeper Reforms Still Needed

    05/03/2017 8:56:11 PM PDT · by Tolerance Sucks Rocks · 11 replies
    The Daily Signal ^ | April 28, 2017 | Nicolas Loris
    In another move to free up domestic energy supplies, President Donald Trump signed an executive order Friday aimed at lifting the Obama administration’s offshore drilling restrictions.For decades, bad policies have blocked access to America’s abundance of domestic resources, yet America has still managed to be a global energy leader. Trump’s executive order, “Implementing an America-First Offshore Energy Strategy,” could unleash further success in the energy sector.The economic potential sitting just off America’s coasts is enormous. The Outer Continental Shelf is awash with natural resources, containing an estimated 86 billion barrels of oil and 420 trillion cubic feet of natural gas.Realizing...
  • Sarah Palin Trump ‘Makes America Great Again’ by Lifting Obama’s Anti-American Offshore Drilling Ban

    04/29/2017 7:27:07 AM PDT · by KC_Lion · 5 replies
    Breitbart ^ | April 28th, 2017 | Sean Moran
    Former Alaska governor and Republican vice presidential candidate Sarah Palin told Breitbart News that she welcomes President Trump’s executive order aimed at lifting the ban on offshore drilling for oil and gas in the Arctic and Atlantic areas. Governor Palin said, “Quashing Obama’s anti-American energy plan makes America great again. We’ve been working for years to remind people that our exceptional nation came to be by developing our God-given natural resources and by expecting reward for an unsurpassed work ethic. We capture that again when we drill, baby, drill!” Trump’s executive order directs the U.S. Department of the Interior to...
  • Golden Pass Authorized to Export LNG (48,800 direct and indirect jobs)

    04/26/2017 3:13:47 PM PDT · by 2ndDivisionVet · 4 replies
    Maritime Executive ^ | April 25, 2017
    The U.S. Department of Energy has signed an order authorizing Golden Pass Products to export domestically produced LNG to countries that do not have a free trade agreement with the U.S. Golden Pass is jointly owned by Qatar Petroleum (70 percent) and ExxonMobil (30 percent). The authorization allows for the export of up to the equivalent of 2.21 billion cubic feet of LNG per day (Bcf/d) from the Golden Pass Terminal near Sabine Pass, in Jefferson County, Texas. Golden Pass estimates the construction of its facility will provide 45,000 direct and indirect jobs over five years, and the project will...
  • New Mexico assets capture attention of oil and gas giants

    04/19/2017 12:20:32 PM PDT · by CedarDave · 6 replies
    The Albuquerque Journal ^ | April 18, 2017 | Susan Montoya Bryan, AP
    ALBUQUERQUE, N.M. — As New Mexico’s elected leaders wrangle over raising taxes to plug a budget shortfall, major multinational energy companies have quietly spent more than $13 billion in recent months on assets in the state’s oil and gas hot spots. The new wave of investment bodes well for the industry being able to generate much-needed revenues for the struggling state over the long haul, analysts said. The interest from companies such as Texas-based EOG Resources, ExxonMobil and Marathon Oil started last fall and is carrying into this year despite prices remaining around $50 a barrel. New Mexico also led...
  • Police kill man reportedly seen shooting at gas pipeline [Citrus County, FL]

    02/26/2017 12:32:32 PM PST · by Da Bilge Troll · 34 replies
    CBS News ^ | Feb 26, 2017 | Staff writer
    Police in Citrus County, Florida said Sunday that a man reportedly seen shooting at a natural gas pipeline had been fatally shot by officers after a vehicle chase. Citrus County Sheriff Mike Prendergast was quoted in a statement on his office’s Facebook page as saying no police were injured. He said officers from Citrus County, Marion County and the Florida Highway Patrol were involved. The chase began in Marion County and ended with a “crash” near Floral City in Citrus County, according to the statement. “This is where the suspect engaged the deputies and was subsequently shot and killed,” it...
  • Obama admin blocks seismic surveys in Atlantic Ocean [for natural gas drilling]

    01/06/2017 9:21:45 AM PST · by Olog-hai · 16 replies
    Associated Press ^ | Jan 6, 2017 11:58 AM EST | Matthew Daly
    The Obama administration is denying permits for energy companies to conduct seismic surveys in the Atlantic Ocean to map potential drilling sites for oil and natural gas. The Interior Department said it denied six pending applications in part because Obama has blocked Atlantic drilling under a five-year offshore drilling plan finalized late last year. Environmental groups and some East Coast lawmakers oppose the surveys, saying that loud sounds from seismic air guns could hurt marine life. …
  • Trump Should Quickly Rescind Obama’s Drilling Ban

    12/22/2016 2:49:12 PM PST · by jazusamo · 29 replies
    PJ Media ^ | December 22, 2016 | Andrew C. McCarthy
    In his enviro-extremism, President Obama is attempting to tie President-elect Trump’s hands by blocking vast swaths of the Arctic Ocean and stretches of the Atlantic from oil and natural-gas drilling. The gambit, announced by the administration on Tuesday, is part of an eleventh-hour wave by which Obama is flooding the regulatory zone: Promulgating so many rules – of the unpopular, hard-left variety that Democrats dare not unveil before Election Days – that he hopes the Trump administration will find it too cumbersome to undo all of them. The incoming president should not let his predecessor get away with it. Obama’s...