EIA news
Energy industry faces short-term instability, yet remains optimistic about long-term prospects, DNV report reveals
The energy industry is braced for short-term uncertainty caused by global instability, but remains optimistic in the long-term, according to DNVº£½Ç³Ô¹ÏÍø™s annual Energy Industry Insights survey.
EIA: Natural gas pipeline project completions increase takeaway capacity in producing regions
Natural gas pipeline projects completed in 2024 increased takeaway capacity in the US natural gas-producing Appalachia, Haynesville, Permian, and Eagle Ford regions, according to the US Energy Information Administration (EIA)'s latest Natural Gas Pipeline Projects tracker.
EIA updates forecast for 2025 US natural gas prices, expects oil prices to decrease later in the year
The US Energy Information Administration (EIA) revised its forecast for 2025 average US benchmark Henry Hub natural gas spot prices upward following a cold end to February.
EIA: Pipeline companies deliver most of the US electric power sector's natural gas
The US Energy Information Administration has reported that 75% of the natural gas used to generate electric power in the US is delivered by pipeline companies.
EIA: Chinaº£½Ç³Ô¹ÏÍø™s crude oil imports decreased compared to record high in 2023
The EIA has reported that Chinaº£½Ç³Ô¹ÏÍø™s crude oil imports decreased in 2024 from their record high in 2023, due to slower oil demand growth.
EIA expects higher wholesale US natural gas prices as demand increases
In its January Short-Term Energy Outlook (STEO), EIA forecasts the US benchmark Henry Hub natural gas spot price to increase in 2025 to average US$3.10/million Btu and in 2026 to average US$4.00/million Btu from the record low set in 2024.
EIA: US exports of ethane and ethane-based petrochemicals rose 135% from 2014 to 2023
The US Energy Information Administration has reported that US exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 million t in 2023, up 135% since the United States began exporting ethane in 2014 and 17% more than in 2022, according to data from the US Census Bureau.
EIA: Four new petroleum liquids pipelines have been completed in the US since 2023
The US Energy Information Administration has reported on the construction of four new petroleum liquid pipelines projects in the US since 2023.
EIA expects new milestones for US crude oil production
EIA expects new milestones for US crude oil production amid sustained global petroleum demand and rising prices.
Two new US crude oil pipeline projects have been completed this year
As of 3 June 2022, pipeline companies completed two crude oil pipeline projects in the US, according to the EIAº£½Ç³Ô¹ÏÍø™s recently updated database.