EIA news

The energy industry is braced for short-term uncertainty caused by global instability, but remains optimistic in the long-term, according to DNV’s annual Energy Industry Insights survey.

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.

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.

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.

The EIA has reported that China’s crude oil imports decreased in 2024 from their record high in 2023, due to slower oil demand growth.

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.

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.

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 amid sustained global petroleum demand and rising prices.

As of 3 June 2022, pipeline companies completed two crude oil pipeline projects in the US, according to the EIA’s recently updated database.