MassiveIndustry

(Wed, 28 Mar 2018) Total net energy imports to the United States fell to 7.3 quadrillion British thermal units (quads) in 2017, a 35% decrease from 2016 and the lowest level since 1982, when both gross imports and gross exports were much lower.

(Tue, 27 Mar 2018) U.S. exports of liquefied natural gas (LNG) reached 1.94 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016. As LNG exports increased, shipments went to more destinations. U.S. LNG exports in 2017, all of which originated from Louisiana’s Sabine Pass liquefaction terminal, reached 25 countries.

(Mon, 26 Mar 2018) Crude oil and lease condensate production data for Texas, published by EIA in its <em>Petroleum Supply Monthly</em> (PSM) and by the Texas Railroad Commission (TRRC), reflect differences in the treatment of incomplete and lagged data. Data published by state agencies are often incomplete when first published because of a combination of late reporting and processing delays.

Slight in physical stature, but colossal in the world of oil diplomacy, Alirio Parra was laid to rest Friday in London, hailed by influential figures in the industry for his role in founding OPEC in 1960, building up Venezuela’s PDVSA and smoothing the often turbulent currents of geopolitics.