A drilling rig in the Appalachians. Record US production has not stopped mass layoffs. (Statoil) Global Markets

US production sky high while prices hit bottom

It was a year of extremes in North America, with record-breaking gas output and rock-bottom prices coupled with massive job losses.

US President Barack Obama in Malaysia last week. He used the visit to urge action on climate change. (PA) Policy & Regulation

Obama holds firm on Clean Power Plan

US President Barack Obama faces stern opposition to his plan to reduce carbon emissions from the power sector, jeopardising the country’s UN climate pledge.

LNG

Renewable diesel receives boost in California

The use of renewable diesel in California has received a boost as Golden Gate Petroleum won contracts with the state and city of San Francisco, for its RD99 renewable diesel product.

23 December 2015
LNG

CNG filling station opens in Columbus, Georgia

American Fueling Systems has opened a $2 million CNG fuelling station in Columbus, Georgia – the first such facility in the city and second-largest in the state.

23 December 2015
LNG

Texas accepting NGV grant applications

Texas has begun accepting applications for the state’s NGV grant programme aimed at improving air quality, including $37.8 million in emission reduction grants.

23 December 2015
Policy & Regulation

US EPA says cars are beating emissions standards

The United States Environmental Protection Agency said vehicle manufacturers have surpassed more stringent greenhouse gas emissions standards set last year.

22 December 2015
LNG

US bid to boost LNG as marine fuel

Two United States senators who support the use of gas as a transport fuel have joined forces with major gas industry executives to promote new legislation that would give LNG parity with other fuels.

22 December 2015
Pipelines, Storage & Power

FERC approves Southeast Market pipeline

United States energy regulator the Federal Energy Regulatory Commission has given its final environmental approval for the planned $3.2 billion interstate Southeast Market Pipelines Project.

21 December 2015
LNG

Pieridae buys site for Goldboro LNG

Pieridae Energy, the developer of the Nova Scotia-based Goldboro LNG export project, has bought a 107-hectare site for $3.2 million.

18 December 2015
Global Markets

US spot prices hit 16-year low

United States spot gas prices hit a 16-year low this week, with the Henry Hub spot price settling at $1.65/MMBtu on Tuesday.

18 December 2015
Companies & Finance

Encana slashes 2016 budget by 25%

Canadian gas producer Encana has slashed its 2016 capital spending plan by 25%.

18 December 2015
LNG

Louisiana Lake Charles LNG gets nod from FERC

The Louisiana Lake Charles LNG project has received approval from the United States Federal Energy Regulatory Commission, BG Group and Energy Transfer Equity have announced.

18 December 2015
Companies & Finance

Halliburton and Baker Hughes extend merger deadline

Halliburton and Baker Hughes have announced a four-month extension to the deadline for closing their proposed $35 billion merger.

16 December 2015
Supply & Demand

US lifts oil export ban

American legislators have agreed to lift the 40-year ban on crude oil exports from the country on Tuesday night as part of a spending and tax package bill.

16 December 2015
Global Markets

US gas futures fall to 14-year low

United States gas futures fell to a 14-year low on Monday as unusually warm December weather saw limited demand for heating fuel.

15 December 2015
LNG

Woodfibre LNG plans to cut costs

The $1.8 billion British Columbia-based Woodfibre LNG export project is planning to reduce costs to compete in a world of lower gas prices.

14 December 2015
Exploration & Production

Obama hoping to overturn fracking injunction

President Barack Obama’s administration hopes to reverse an injunction by Wyoming’s district court blocking the Bureau of Land Management’s (BLM’s) proposed fracking regulations on public and Indian lands.

14 December 2015
Global Markets

Henry Hub spot at lowest level since 2012

Henry Hub spot gas prices are trading at their lowest levels since the summer of 2012, the United States Energy Information Administration has reported.

11 December 2015
LNG

US gives boost to LNG as marine fuel

The first federal grant for LNG use as a fuel for ships has been approved by the United States Maritime Administration.

11 December 2015
Pipelines, Storage & Power

TransCanada's Coastal GasLink moves a step closer

TransCanada has announced it has made three more project agreements for its estimated $4.8 billion Canadian Coastal GasLink Pipeline Project.

11 December 2015
Pipelines, Storage & Power

US nuclear capacity to keep rising to 2020

Nuclear power generation capacity in the US is expected to see net growth between now and 2020, despite the low oil and gas prices.

10 December 2015
Exploration & Production

Chevron to reduce capex in 2016

United States supermajor Chevron will reduce capital expenditure by 24% in 2016, cutting spending on exploration and production.

10 December 2015

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