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Thursday 14 December 2023

California leads the United States in electric vehicles and charging locations

California has led the United States in the number of electric vehicles (EVs) and EV charging locations every year since 2016, accounting for 37% of U.S. registered light-duty EVs and 27% of EV charging locations at the end of the year in 2022, according to new estimates in our State Energy Data System (SEDS). More »

Wednesday 13 December 2023

Japanese refineries close as the country's petroleum consumption falls

In our Short-Term Energy Outlook, we forecast the lowest annual petroleum consumption in Japan in 2024 since at least 1980, in part due to its aging and declining population. Japan's reduced consumption is already affecting its refining industry. More »

Tuesday 12 December 2023

New pipelines will bring significant volumes of natural gas to new LNG export terminals

More than 20.0 billion cubic feet per day (Bcf/d) of natural gas pipeline capacity is under construction, partly completed, or approved to deliver natural gas to five U.S. liquefied natural gas (LNG) export terminals that are currently under construction, according to our Natural Gas Pipeline Project Tracker. Some of the new pipeline capacity is under the jurisdiction of the Federal Energy Regulatory Commission, and some is under the jurisdiction of the Railroad Commission of Texas. About 13.5 Bcf/d of pipeline capacity is currently under construction, and each new LNG terminal—Plaquemines in Louisiana and Golden Pass, Port Arthur, Corpus Christi Stage III, and Rio Grande in Texas—has one or more pipelines being developed. More »

Monday 11 December 2023

New Renewable Fuel Standard volume targets facilitate renewable natural gas production

On June 21, 2023, the U.S. Environmental Protection Agency (EPA) announced a final rule that established biofuel volume requirements and standards for cellulosic biofuel for 2023–25 as part of the Renewable Fuel Standard (RFS) program. The cellulosic biofuel category primarily applies to Renewable Natural Gas (RNG), a form of natural gas made from biogas. The rule increases volume targets for cellulosic biofuel by 25% to 840 million gallons in 2023, by 29% to 1.09 billion gallons in 2024, and by 33% to 1.38 billion gallons in 2025 compared with the previous target. More »

Wednesday 6 December 2023

Associated natural gas production has tripled since 2018 in top three Permian oil plays

Production of associated-dissolved natural gas, or associated natural gas, which is natural gas produced from predominantly oil wells, has nearly tripled since 2018 in the three top-producing tight oil plays in the Permian region. Associated natural gas from the Wolfcamp, Spraberry, and Bone Spring plays averaged a combined 13.7 billion cubic feet per day (Bcf/d) in the first seven months of 2023, up from an average of 4.7 Bcf/d in 2018, according to data from Enverus DrillingInfo. Associated natural gas production has grown due to increases in both crude oil production and the volume of natural gas per barrel of oil that a well produces, the gas-to-oil ratio (GOR), among the oil wells in these three plays. More »

Tuesday 5 December 2023

Countries in the Middle East and North Africa supply about one-third of global LNG

Exporting countries in the Middle East and North Africa region (MENA) supplied nearly one-third (29%) of global liquefied natural gas (LNG) exports in 2022, according to data from the International Group of Liquefied Natural Gas Importers (GIIGNL). The share of global LNG exports coming from the region’s exporters—Qatar, Oman, the United Arab Emirates (UAE), Algeria, and Egypt—declined from 47% in 2013 to about 30% by 2020 because of growing LNG exports from Australia and the United States. More »

Monday 4 December 2023

Red Sea chokepoints are critical for international oil and natural gas flows

The Suez Canal, the SUMED pipeline, and the Bab el-Mandeb Strait are strategic routes for Persian Gulf oil and natural gas shipments to Europe and North America. Total oil shipments via these routes accounted for about 12% of total seaborne-traded oil in the first half of 2023, and liquefied natural gas (LNG) shipments accounted for about 8% of worldwide LNG trade. More »
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