A final investment decision (FID) for Commonwealth LNG will have to wait until next year, or even later, as Gulf Coast export project developers continue to adapt to the fallout of the Department of Energy’s (DOE) indefinite authorization pause. Commonwealth LNG LLC, currently developing a self-named export facility near Cameron, LA, was previously expected to…
Biden Administration
Articles from Biden Administration
What Does A Pause of LNG Export Authorizations Mean for the U.S.? Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow podcast, in which NGI’s Jacob Dick explores the market implications of the Biden administration’s pause of new LNG export authorizations with Rapidan Energy Group’s Alex Munton. After the Jan. 26 announcement that the Department of Energy would be reviewing its policies for…
LNG Export Pause Facing Scrutiny as GOP Opposition Mounts
As congressional pushback against the Biden administration’s pause of LNG export permits heats up, EQT Corp. CEO Toby Rice said U.S. producers and exporters already have work ahead to abate the potential damage to project development. Rice joined a panel of witnesses Tuesday during a House Energy and Commerce subcommittee hearing. It was one of…
U.S. LNG Permits Are Frozen, What Now? An NGI Primer For Understanding the Export Pause
In the days since the Biden administration’s decision to review the process for approving more U.S. LNG export capacity, speculation has swirled about what a temporary pause of Department of Energy (DOE) authorizations means for the industry. NGI has compiled a brief primer with answers to some of the largest questions looming over the U.S.…
Biden Administration Officially Pauses New LNG Export Permits
The Biden administration on Friday did as rumored and said it would temporarily pause new federal export authorizations for LNG projects while the Department of Energy (DOE) reviews policies to determine whether more capacity is in the public interest. The White House and DOE ended days of speculation after a New York Times report earlier…
What Could a Possible Pause to U.S. LNG Export Approvals Mean for Global Supply?
News that the Department of Energy (DOE) may pause authorizations for new LNG export projects has stirred reactions from industry groups and environmentalists alike, but what does it mean for domestic and global natural gas supply outlooks? The New York Times was the first to report Wednesday that the Biden administration has directed DOE to…
Baker Hughes Forecasting LNG FIDs Slowing, but Overall Massive Pipeline to 2030
The world is on track to achieve 800 million metric tons/year (mmty) of LNG capacity by 2030, with Baker Hughes Co. expecting to grab a major slice of the market, executives said Wednesday. CEO Lorenzo Simonelli, joined by CFO Nancy Buese, discussed the Houston-based oilfield service giant’s latest quarterly results and the outlook during a…
Environmental Groups Target LNG in Election Year, Threatening U.S. Export Buildout
Growing environmental opposition and political headwinds could combine to be one of this year’s biggest challenges for U.S. LNG projects working to advance. International environmental organizations, along with grassroots groups, social media influencers and some Democrats, are stepping up their efforts to stop the expansion of U.S. gas exports that’s accelerated in recent years. The…
Biden Administration’s Energy Infrastructure Reforms Draw GOP Ire
The Biden administration is attempting to walk a fine line to strengthen environmental protections and advance more energy infrastructure, but oil and gas industry advocates aren’t buying it. The White House Council on Environmental Quality (CEQ) on Friday (July 28) proposed a second set of rules to fully implement revamped permitting regulations under the Fiscal…
Raising Federal Oil, Gas Leasing Fees to ‘Hamper’ E&P Activity, Says Industry
A proposed rule by the Department of Interior’s Bureau of Land Management (BLM) to increase bonding requirements, royalty rates and minimum bids for natural gas and oil producers was met with criticism from the industry. The draft rule would increase economic returns for the country while ensuring oil and natural gas companies are environmentally responsible…