Florida firm wins approval to export LNG

The US Energy Department has authorised a firm in Florida to export domestically produced liquefied natural gas (LNG). The license allows American LNG Marketing LLC (American LNG) to export to countries which do not have a Free Trade Agreement (FTA) with the US. Federal law generally requires approval of natural gas exports to countries which have an FTA […]

US gives final nod for Texas LNG export

A project to export Liquefied Natural Gas (LNG) from Texas has become the latest major proposed facility to receive full federal authorisation in the US. The Department of Energy (DOE) issued the final authorisation for Freeport LNG Expansion to export LNG to countries that do not have a Free Trade Agreement (FTA) with the US. […]

US crude oil exports reach 15-year high

Crude oil exported from the US rose to the highest level in 15 years this April, new statistics reveal. According to the US Energy Information Administration (EIA), the US exported 268,000 barrels per day (b/d) of crude oil during that month. Exports have “increased sharply” since the start of 2013 and have exceeded 200,000 b/d […]

‘Record’ level of renewable electricity used in Scotland

A ‘record’ two fifths of electricity used in Scotland came from renewable sources last year, official figure revealed. The latest energy statistics from DECC showed 40.3% of energy consumption in 2012 was met by the renewables sector – up from 36.3% the previous year and 24.1% in 2010. Scottish renewable electricity also made up 36% […]

Iran to supply gas to two Iraqi power plants

Iraq has signed a four-year agreement with Iran to import gas from the neighbouring country, it has been reported. The move is in a bid to ease the country’s electricity shortages and feed two of its power plants in Baghdad. The capital city is expected to buy around 25 million cubic metres of Iranian natural […]

US Government approves second LNG export plans

The US Government has given its approval to export domestically produced liquefied natural gas (LNG) in Texas. The Department of Energy said it has “conditionally authorised” Freeport LNG Expansion and FLNG Liquefaction to export gas to countries that don’t have a Free Trade Agreement with the US. The facility (pictured) on Quintana Island, Texas would […]

Scotland’s oil and gas sales reach ‘record levels’

Scotland saw an 8.4% rise in exports in its oil and gas supply chain, reaching $12.7 billion (£8.2bn) in the last two years. Latest figures showed international activity in the sector accounted for a “record” 47.6% of total sales, an increase from 31% over the last decade. Total oil and gas supply chain sales, including […]

Iraq’s oil output to double by 2020

Iraq’s oil production could more than double by the end of this decade. That’s the prediction by the International Energy Agency (IEA) in its recent ‘World Energy Outlook’ report, which said the Middle East nation could produce more than six million barrels of oil per day (b/d) by 2020. Its current oil production is around […]

US becomes net exporter of oil and gas

The US exported more oil and other fuel products than it imported in 2011 for the first time since 1949. This was according to a recent report from the US Department of Energy, which has revealed how much America has ramped up production of petroleum over the last few years. Shipments abroad of petroleum products […]