Exports

Challenge the workforce to come up with better ways to develop oil and natural gas fields and it will deliver, the head honchos of Southwestern Energy Co. and Pioneer Natural Resources Co. said Wednesday.

Echoing some of the criticism from Congress toward the U.S. Commerce Department on its handling of proposals to allow crude oil condensate exports (see Shale Daily, July 10), Marathon Petroleum Corp. (MPC) CEO Gary Heminger on Thursday said the uncertainty is counterproductive economically. He made the remarks during a 2Q2014 conference call reporting greatly increased quarter-over-quarter results.

America’s Natural Gas Alliance (ANGA) believes more lawmakers in Congress support liquefied natural gas (LNG) exports than oppose them and supports changes at the U.S. Department of Energy (DOE) in approving such export facilities. But ANGA cautioned that environmental groups opposed to oil and gas drilling have made inroads at the local government level.

The natural gas industry needs to be given a freer hand with less interference from the federal government, which shouldn’t be limiting the industry’s access to markets abroad, said U.S. Sen. Heidi Heitkamp (D-ND).

The U.S. Department of Energy (DOE) said Thursday it will modify its liquefied natural gas (LNG) export review process, effectively taking a backseat to FERC and redirecting the spotlight to a smaller volume of exports that have final, multi-agency authorization.

The United States needs to remove the existing ban on crude oil exports to lower domestic energy prices and boost jobs, Marathon Oil Corp. CEO Lee Tillman said Wednesday in keynote remarks to the Williston Basin Petroleum Conference in Bismarck, ND.

A Gulf Coast refined products export terminal that was reactivated to take advantage of the shale oil boom has loaded its first cargo, operator Enterprise Products Partners LP said Tuesday.

Canadian natural gas exports to the United States fell to the lowest level in 19 years during 2013, according to the latest trade scorecard kept by the U.S. Department of Energy (DOE).

As Canadian gas supplies earmarked for liquefied natural gas (LNG) exports keep rising, a Chinese-controlled tanker terminal project is predicting that real deliveries will turn out to be smaller than the numbers on paper permits granted for the trade.