The US Department of Energy (DoE) announced a $64 million funding for a total of 18 projects to support the [email protected] vision for affordable hydrogen production, storage, distribution, and use.
Although daily natural gas deliveries to U.S. facilities that produce LNG for export were a record 9.8 billion cubic feet per day (Bcf/d) in late March 2020, deliveries fell to less than 4.0 Bcf/d in June, EIA reported.
The Energy Information Administration reported that the US liquefied natural gas exports have dropped considerably in the week ending June 10 in comparison to the week before.
European gas inventories have reached record levels, amid a week demand which has caused excess gas moving into storage, putting pressure on producers to cut supply.
Fortune, the Iranian tanker, is sailing towards the 12-nm boundary of Venezuela’s territorial seas, bringing its controversial journey to a close.
Venezuela’s oil exports increased in April after falling in March to their lowest average in seven months. This growth was helped by new trading partners that were re-selling cargoes in Asia.
On April 22, the Delaware Riverkeeper Network filed in the United States District Court for the District of New Jersey an appeal of the Army Corps of Engineers permit for the Gibbstown Dock 2 project, which would be the first major facility approved in the US for the export of LNG.
The US Coast Guard informed about an increased presence of oil tanker vessels near the ports of Los Angeles and Long Beach. Namely, there were 27 tanker vessels off the coast of Southern California on April 22.
Following the collapse of US crude oil prices below $0, the US President Donald Trump raised the prospect of armed confrontation with Iranian forces in the Persian Gulf, which led to the American crude oil increasing.
The US plans to take advantage of low oil prices amid the ongoing situation with COVID-19, in order to fill the nation’s emergency crude oil reserve, the US President Donald Trump announced.
