Day: April 24, 2025

Kimmeridge’s Commonwealth LNG seeks expedited approval from FERC

Energy News Beat In February, Commonwealth said it was targeting FID on its planned 9.5 million tonnes per annum LNG facility in Cameron Parish in September of this year after it received a conditional non-FTA approval from the US DOE. The LNG terminal developer also received its draft supplemental environmental impact statement (SEIS) from FERC. FERC […]

U.S. crude oil production rose by 2% in 2024

Energy News Beat U.S. crude oil production grew by 270,000 barrels per day (b/d) in 2024 to average 13.2 million b/d, according to our Petroleum Supply Monthly. Almost all the production growth came from the Permian region. Our Short-Term Energy Outlook (STEO) breaks out U.S. Lower 48 (L48) crude oil production data for the Appalachia, […]

Five petroleum product pipelines were completed in the United States in 2024

Energy News Beat Data source: U.S. Energy Information Administration, Liquids Pipeline Projects Database In 2024, pipeline companies completed five pipeline projects to transport petroleum liquids in the United States, according to our recently updated Liquids Pipeline Projects Database. The five projects consisted of three hydrocarbon gas liquid (HGL) pipelines and two petroleum product pipelines. The completed projects are: […]

U.S. natural gas production remained flat in 2024

Energy News Beat Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2025 U.S. marketed natural gas production remained relatively flat in 2024, growing by less than 0.4 billion cubic feet per day (Bcf/d) compared with 2023 to average 113 Bcf/d, according to our latest Natural Gas Monthly. Production growth in the Permian was offset by declining production in […]

Vance Travels to India With High Stakes

Energy News Beat The U.S. vice president’s trip came ahead of bilateral trade talks in Washington. ​By Michael Kugelman, the writer of Foreign Policy’s weekly South Asia Brief and an analyst of the region for nearly two decades. Vance Travels to India India’s government pulled out all the stops welcoming U.S. Vice President J.D. Vance […]

SIPG arm books LNG bunker newbuild at Jiangnan

Energy News Beat SIPG Shanghai Port Group Energy has booked an LNG bunker vessel newbuilding at Jiangnan Shipyard. The business unit of Shanghai International Port Group (SIPG) has signed up for a 20,000 cu m unit, scheduled for delivery in the first half of 2027. The vessel, contracted for an undisclosed sum, will feature three […]

ZIM ordered to pay Samsung $3.7m for US demurrage violations

Energy News Beat ZIM Israeli carrier ZIM has been ordered to pay about $3.7m to Samsung Electronics America (SEA) for violating the US Shipping Act. The American affiliate of the Korean manufacturing giant filed a complaint with the Federal Maritime Commission (FMC) in October 2022, claiming Zim engaged in “unreasonable practices, retaliation, refusal to deal, […]

N-Sea hired for Irish Sea offshore wind farm cable repair

Energy News Beat N-Sea Dutch subsea services specialist N-Sea Group has been awarded a contract to repair one of the four cables that connect the Gwynt y Môr offshore wind farm in the Irish Sea to the National Grid. The offshore wind farm has a capacity of 576MW and is located off the coast of […]

More US states looking to protect shores from Trump’s offshore drilling

Energy News Beat AmericasOffshore US Senate US Senate Rhode Island senator Sheldon Whitehouse and congressman Seth Magaziner are leading a bipartisan group of senators to ban offshore drilling along the coast of New England. New England consists of Maine, Vermont, New Hampshire, Massachusetts, Connecticut, and Rhode Island. All of the states have representatives supporting the […]

UK government investing $400m to strengthen offshore wind supply chain

Energy News Beat UK Government The UK government will invest £300m ($400m) through Great British Energy to strengthen the country’s offshore wind manufacturing capabilities and supply chains. The investment is expected to directly and indirectly mobilise billions in additional private investment, helping de-risk clean energy projects, supporting thousands of jobs, and revitalising the UK’s industrial […]