Energy Information Administration EIA


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China Becomes World’s Second Largest LNG Importer, Behind Japan

Source: GIIGNL LNG reports (2010-16), Global Trade Tracker export-import trade statistics (2017), and IHS Markit China surpassed South Korea to become the world's second-largest importer of liquefied natural gas (LNG) in 2017, according to data from IHS Markit and official Chinese government s ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > EIAEnergy Information Administration EIAChina +5

Tight Oil Remains the Leading Source of Future U.S. Crude Oil Production

Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 EIA's recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that U.S. tight oil production will generally increase through the early 2040s, when it will surpass 8.2 million barrels per d ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > United StatesUSCrude oil +3

S&P Global Platts Survey of Analysts Suggests U.S. EIA Data to Show 119-Bcf Draw to Natural Gas Stocks

The U.S. Energy Information Administration (EIA) on Thursday is expected to report a 119-billion cubic feet (Bcf) withdrawal for the week that ended February 16, according to a survey of analysts by S&P Global Platts, the leading independent provider of information and benchmark prices for the comm ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > EIAEnergy Information Administration EIAUnited States +3

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Rose 2.5 Million Barrels

Smaller-than-usual builds in total US crude inventories combined with continued draws this winter at Cushing, Oklahoma (delivery point for NYMEX crude oil futures contracts), helped NYMEX crude futures find a bottom last week before turning higher, according to an S&P Global Platts preview of this ...

OilVoice Press - OilVoice


Posted 3 days agoOpinion > S&PS&P Global PlattsUnited States +3

U.S. Ethane Consumption, Exports to Increase as New Petrochemical Plants Come Online

Source: U.S. Energy Information Administration, Short-Term Energy Outlook February 2017 Over the next two years, EIA's Short-Term Energy Outlook (STEO) projects growth in U.S. consumption of ethane in the petrochemical industry will exceed increases in consumption of all other petroleu ...

OilVoice Press - OilVoice


Posted 4 days agoOpinion > EIAEnergy Information Administration EIAUnited States +5

U.S. Proved Reserves of Natural Gas Up in 2016, Oil Reserves Remained Unchanged

Source: U.S. Energy Information Administration, U.S. Crude Oil and Natural Gas Proved Reserves The United States had 341.1 trillion cubic feet (Tcf) of natural gas proved reserves as of the end of 2016, an increase of 5% from 2015, according to EIA's recently released U.S. Crude Oil and ...

OilVoice Press - OilVoice


Posted 9 days agoOpinion > United StatesUSEIA +4

U.S. Proved Reserves of Natural Gas Increase 5%, Oil Reserves Remain Level at Year-End 2016

U.S. proved reserves of natural gas increase 5%, oil reserves remain level at year-end 2016 U.S. proved reserves of natural gas increased 5% in 2016, compared with a 17% decline in 2015 U.S. proved reserves of crude oil and lease condensate remained at 35.2 billion barrels in 2016 The Un ...

OilVoice Press - OilVoice


Posted 11 days agoOpinion > natural gasReservesUnited States +3

The United States is Projected to Become a Net Energy Exporter in Most AEO2018 Cases

Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 EIA projects that the United States will become a net energy exporter in 2022 in the newly released Annual Energy Outlook 2018 (AEO2018) Reference case, primarily driven by changes in petroleum and natural gas mar ...

OilVoice Press - OilVoice


Posted 12 days agoOpinion > United StatesUSEIA +4

Robust Energy Production Growth Coupled with Relatively Flat U.S. Demand Support Net Energy Exports in EIA's AEO2018

The U.S. Energy Information Administration (EIA) released today its Annual Energy Outlook 2018 (AEO2018), which includes its Reference case and a number of sensitivity cases. The AEO2018 Reference case shows continued development of the U.S. shale and tight oil and gas resources paired with mod ...

OilVoice Press - OilVoice


Posted 13 days agoOpinion > EIAEnergy Information Administration EIAUnited States +6

California Plans to Reduce Greenhouse Gas Emissions 40% by 2030

Source: U.S. Energy Information Administration, based on California Air Resources Board data In July 2017, California's state legislature passed assembly bill (AB) 398 to reauthorize and extend until 2030 the state's economy-wide greenhouse gas (GHG) reduction program. The bill sets a new GHG ...

OilVoice Press - OilVoice


Posted 22 days agoPress > EIAEnergy Information Administration EIAUnited States +4

Can The Shale Boom Avoid These Bottlenecks?

By Nick Cunningham of Oilprice.com Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated. Not only is the Permian basin accounting for much of ...

Oilprice Staff


Posted 23 days agoOpinion > United StatesUSEIA +5

U.S. Monthly Crude Oil Production Exceeds 10 Million Barrels Per Day, Highest Since 1970

Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil production reached 10.038 million barrels per day (b/d) in November 2017, according to EIA's latest Petroleum Supply Monthly . November's production is the first time since 1970 that monthly U.S. pro ...

OilVoice Press - OilVoice


Posted 23 days agoOpinion > EIAEnergy Information Administration EIAUnited States +3

S&P Global Platts Survey of Analysts Suggests U.S. EIA Data to Show 103-Bcf Draw to Natural Gas Stocks

WASHINGTON (January 31, 2018) – The U.S. Energy Information Administration (EIA) on Thursday is expected to report a 103-billion cubic-feet (Bcf) withdrawal for the week that ended January 26, according to a survey of analysts by S&P Global Platts, the leading independent provider of information an ...

OilVoice Press - OilVoice


Posted 24 days agoOpinion > EIAEnergy Information Administration EIAUnites States +4

South Africa Plans to add More Natural Gas, Renewables to its Energy Supply Mix

Source: U.S. Energy Information Administration, International Energy Statistics South Africa is one of the world's leading emitters of energy-related carbon dioxide (CO2), ranking fifteenth globally in 2015 and accounting for more than any other country in Africa. In an effort to reduce CO ...

OilVoice Press - OilVoice


Posted 24 days agoOpinion > South Africanatural gasrenewables +3

Hydraulically Fractured Horizontal Wells Account for Most New Oil and Natural Gas Wells

Source: U.S. Energy Information Administration, based on DrillingInfo Inc. and IHS Markit In 2016, hydraulically fractured horizontal wells accounted for 69% of all oil and natural gas wells drilled in the United States and 83% of the total linear footage drilled. The combination of horizontal ...

OilVoice Press - OilVoice


Posted 25 days agoOpinion > United StatesUSnatural gas +7