US natural gas production grew by 4% in 2023, or 5.0bn cubic feet per day (bcfpd) (141.6 mcm) to average 125.0 bcfpd (3.5 bcm), according to the Energy Information Administration (EIA). Last year, three regions – Appalachia, Permian, and Haynesville – accounted for 59% of all ...
According to EIA, the United States exported more liquefied natural gas (LNG) than any other country in 2023. U.S. LNG exports.
Prior to the US Presidential election on November 6, the prospect of the US becoming a major natural gas exporter became a political hot button that no one wanted to push in an election year. Some US policy makers have expressed concern that LNG exports will increase domestic prices for natur...
either, but can even come from within the industry itself, as US midstream giant Energy Transfer has shown over the past year by trying toblock several new pipelinesout of the Haynesville. Some of Energy Transfer's opponents havewarnedthe legal dispute could hamper the gas pro...
Exxon Mobil Corp., which this week posted record annual profits of $56 billion, boosted spending in new oil and gas projects last year by 37% to $22.7 billion. Investments can go up to $25 billion this year, Exxon CEO Darren Woods said, part of it explained by rising costs ...
US natural gas production is edging back toward record highs in late November as rebounding winter prices and strong seasonal demand give drillers an opportunity to meet year-end output targets. Over the US Thanksgiving holiday weekend, domestic output briefly topped 98.4 Bcf/d, falling just short...
Today, in an increasingly unpredictable world, our deliveries of oil, gas, and wind power provide a vital and stabilising contribution to Europe’s energy security. We aim to be a leading company in the energy transition and become a net-zero energy company by 2050. We are committed to long...
Factory production rose 0.8 percent last month after falling 1 percent in May. Mining output increased 1.2 percent in June, its fifth straight monthly gain, on increased production by oil and gas companies. Utility production dropped 1.5 percent. The U.S. economy shows signs of strength strong....
At the end of Q3 2024, US crude oil production rose to 13.3 million barrels per day, up 0.1 million barrels per day from Q2 2024.Energy and resources trends Oil and gas In the US Energy Information Administration’s October 2024 Short Term Energy Outlook report, US natural gas prices ...
Last year the build out of interstate natural gas pipelines in the USfellto a record low of 897mn cubic feet a day, down from a peak of 28bn in 2017. Pipeline capacity constraints have the ability to curtail gas flows from Appalachia into New England. Last winter, prices for gas to be...