Australia Preparing for Possible Domestic Natural Gas Shortage

Australia Preparing for Possible Domestic Natural Gas Shortage

With more of its bountiful natural gas destined for Asia-Pacific markets, leaving less for domestic use, Australia Pacific LNG (APLNG) last week agreed to provide 16.2 petajoules (PJ) of natural gas to the country’s manufacturing market.

July 9, 2019

Australia Plans LNG Export Curbs to Lower Domestic Prices

Australian natural gas has become cheaper abroad than it is at home, prompting the government to introduce liquefied natural gas (LNG) export restrictions intended to secure supply for Australians.

April 28, 2017
NatGas, Oil Groups Urge Global Sourcing of Steel for Pipelines

NatGas, Oil Groups Urge Global Sourcing of Steel for Pipelines

A quintet of trade associations representing the majority of U.S. pipeline operators engaged in transporting natural gas, natural gas liquids, crude oil, refined petroleum products and carbon dioxide, said Friday they support President Trump’s call for the use of American steel pipeline construction, but warn that there are serious hurdles to be overcome.

April 11, 2017

DOE Study Finds Increased LNG Exports Would Drive Production, Prices Higher

The economic impacts of increased U.S. liquefied natural gas (LNG) exports would be “marginally positive,” according to a study released Monday by the U.S. Department of Energy (DOE).

December 29, 2015

Australian Regulators Put the Brakes on Proposed Shell-BG Merger

Regulators with Australia’s Competition and Consumer Commission (ACCC) said they are concerned that Royal Dutch Shell plc’s proposal to purchase UK-based BG Group plc could lead to higher natural gas prices, and they have postponed a decision on whether to approve the merger for two months.

September 18, 2015

Homebound U.S. Crude Missing Out, Even in This Market, Study Finds

Even in a depressed global oil market, keeping U.S. crude production tied up at home imposes a significant cost on U.S. producers, according to a Rice University researcher. Further, exporting crude would not raise domestic gasoline prices but would improve national energy security, he said.

March 26, 2015
Texas Lawmakers Hear Cry For Crude Exports

Texas Lawmakers Hear Cry For Crude Exports

Not exporting U.S. crude oil is leaving billions of dollars on the table to be scooped up by Saudi Arabia and Russia, oil and gas interests said at a Texas House joint committee hearing Monday where lawmakers considered resolutions urging Washington to set U.S. oil free and hasten export approvals for liquefied natural gas (LNG).

March 10, 2015

Benefits of Canada’s LNG Tax Break Widespread, Industry Group Says

The Conservative government in Ottawa won high praise Friday from industry for a tax break for liquefied natural gas (LNG) plants that is forecast to help a little-known but widespread branch of domestic utility services as well as export schemes.

February 20, 2015

ConocoPhillips CEO Trumpets Expanding Domestic Crude Exports

The United States could sustain strong economic growth, add more jobs and improve global energy security by expanding crude oil exports, ConocoPhillips CEO Ryan Lance said Wednesday.

January 15, 2015
U.S. Oil Exports Would Lift All Boats, IHS Says

U.S. Oil Exports Would Lift All Boats, IHS Says

Opening the spigot on U.S. oil exports would stimulate production, lower domestic prices for gasoline and create nearly one million jobs, according to a new study by energy industry-friendly consultancy IHS Inc.

May 30, 2014
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