exports


All posts for exports

TODAY IN ENERGY: Australia is on track to become world’s largest LNG exporter

In the August 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts relatively flat crude oil prices for the remainder of 2019 and through 2020 and a balanced global oil market in 2019 followed by modest inventory builds in 2020 as production growth outp ...

Hui Shan


Posted 3 days agoLink > InternationalexportsImports +6

TODAY IN ENERGY: U.S. LNG exports to Europe increase amid declining demand and spot LNG prices in Asia

A warm winter in Asia and declining price differentials between European and Asian spot natural gas prices led to increased volumes of U.S. LNG exports delivered to Europe. Recent declines in price differentials between European pricing benchmarks (including National Balancing Point (NBP) in the ...

Hui Shan


Posted 18 days agoLink > pricesConsumptionDemand +9

TODAY IN ENERGY: Saudi Arabia has been exporting more crude oil to China, less to the United States

Four Asia-Pacific countries that publish crude oil imports by country of origin—China, Japan, South Korea, and Taiwan—collectively imported an average of 3.5 million b/d of crude oil from Saudi Arabia in 2018. China's, Japan's, and Taiwan's 2019 year-to-date crude oil imports from Saudi Arabia ar ...

Hui Shan


Posted 23 days agoLink > InternationalChinaSaudi Arabia +7

TODAY IN ENERGY: In 2018, 90% of the natural gas used in the United States was produced domestically

EIA's U.S. natural gas flow diagram helps to visualize the elements of U.S. natural gas supply (production, imports, and withdrawals from storage) and disposition (consumption, exports, and additions to storage). U.S. natural gas production and consumption have both generally increased since the ...

Hui Shan


Posted 1 month agoLink > ProductionsupplyConsumption +6

This Week in Petroleum

Despite crude oil production cuts, Saudi Arabian crude oil exports to some Asian countries have increasedThe U.S. Energy Information Administration (EIA) estimates that during May 2019, Saudi Arabia's crude oil production approached a four-year low, averaging an estimated 9.9 million barrels per d ...

Hui Shan


Posted 1 month agoLink > ChinaCrude oilexports +7

Sempra Energy ships first liquefied natural gas cargo from Cameron LNG export facility

On May 31, 2019, Sempra Energy, the majority owner of the Cameron liquefied natural gas (LNG) export facility, announced that the company had shipped its first cargo of LNG, becoming the fourth such facility in the United States to enter service since 2016. Cameron LNG has regulatory approval to ...

Hui Shan


Posted 2 months agoLink > exportsImportsLNG

This Week in Petroleum: Lowest crude oil imports since 1986 indicate changes in U.S. Gulf Coast crude oil supply

Lowest crude oil imports since 1986 indicate changes in U.S. Gulf Coast crude oil supply U.S. Gulf Coast crude oil imports averaged 1.8 million barrels per day (b/d) in March 2019, the lowest level since March 1986 and significantly lower than the peak of 6.6 million b/d in March 2007. Preliminary ...

Hui Shan


Posted 2 months agoOpinion > CanadaCrude oilexports +8

United States has been a net exporter of natural gas for more than 12 consecutive months

Source:  U.S. Energy Information Administration,  Natural Gas Monthly U.S. net natural gas exports in February 2019  totaled 4.6 billion cubic feet per day  (Bcf/d), marking 13 consecutive months in which U.S. natural gas exports exceeded imports. The United States exports natural gas by pip ...

Hui Shan


Posted 3 months agoOpinion > natural gasPipelinesSTEO +3

Gazprom’s Gas Exports to Hungary in 2018 Exceed Last Year’s Total

A working meeting between  Alexey Miller , Chairman of the Gazprom Management Committee, and Norbert Konkoly, Ambassador Extraordinary and Plenipotentiary of Hungary to the Russian Federation, took place in St. Petersburg today. Also present was Gyorgy Kobor, who had been appointed as Chairman of t ...

OilVoice Press - OilVoice


Posted 8 months agoPress > Gazpromgasexports +2

FACTBOX: US Imposes Sanctions on Iranian Crude Exports – S&P Global Platts

US sanctions against Iranian crude exports went back into effect Monday, although top buyers of Iranian crude were given temporary waivers until May, when they will be expected to cut purchases significantly. Oil prices climbed Monday as the sanctions kicked in, but price increases were limited by ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > United StatesUSAIran +8

Total and Sempra Energy Sign Memorandum of Understanding for Development of North American LNG Export Projects

SAN DIEGO and PARIS, November 5, 2018 – Sempra Energy (NYSE: SRE) and Total S.A. (NYSE: TOT) today announced that they have entered into a Memorandum of Understanding (MOU) that provides the framework for cooperation in the development of North American liquefied natural gas (LNG) export projects ...

OilVoice Press - OilVoice


Posted 9 months agoPress > LNGLiquified Natural GasLNG Exports +8

Iran Has Produced and Exported Less Crude Oil Since Sanctions Announcement

Source: U.S. Energy Information Administration, Short-Term Energy Outlook , October 2018; ClipperData Note: Liquid fuels production includes crude oil, lease condensate, hydrocarbon gas liquids, biofuels, and refinery processing gain. Iran's crude oil exports and production have declined ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > EIAEnergy Information Administration EIAIran +6

Total - Australia: Ichthys LNG Project Begins Gas Exports

Paris – Total announces that the first cargo of liquefied natural gas (LNG) from Ichthys LNG has left Darwin, in the Northern Territory of Australia, following the production start-up at the end of July. Ichthys LNG will develop reserves of more than 3 billion barrels of oil equivalent located o ...

OilVoice Press - OilVoice


Posted 9 months agoPress > TotalAustraliaIchthys +5

Both Natural Gas Supply and Demand Have Increased From Year-Ago Levels

Source: U.S. Energy Information Administration, Natural Gas Monthly , September 2018 In the first half of 2018, U.S. natural gas supply and demand grew significantly compared to the first half of 2017. According to EIA's Natural Gas Monthly , natural gas consumption and exports averaged ...

OilVoice Press - OilVoice


Posted 10 months agoOpinion > USAUnited StatesEIA +5

Energy Insights Forecasts Transformation of Gas Import/Export Balance by 2022

London, UK, 4 th October 2018: Energy Insights , the data and analytics specialist for the global energy industry, part of McKinsey & Company, has released its Global Gas & LNG Outlook to 2035 . The report finds that continuous demand growth, alongside new supply sources, will transform the ga ...

OilVoice Press - OilVoice


Posted 10 months agoPress > Energy InsightsgasImports +5