In his 2020 State of the Union Address, the U.S. President Donald Trump highlighted the success of the oil and gas industry.
The US EPA has issued a final rule for the 2019 Renewable Fuel Standard (RFS) program, with the total US renewable fuel volume requirement set 3% higher than the 2018 mandate, but nearly 30% lower than the statutory volume standards set forth by the Energy Independence and Security Act of 2007 (EISA 2007).
Ahead the OPEC meeting to be conducted in Vienna this week, energy consultant Wood Mackenzie examined the current landscape around the oil production supply and demand taking into consideration the role of US, Russia and other leader countries, as well as the potential influence of Qatar’s withdrawal from the group, noting that the move will likely not affect significantly the supply.
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Infographic: 2019 was a record year on LNG supply growth21/02/2020