• Subscribe
  • Magazine
  • Past Issues
  • Surveys
  • Industry Statistics
  • About Us
  • Members Only
  • Home >
  • General Interest

    • Economics & Markets

    EIA.
    US annual natural gas consumption by sector (2014-2023).
    Economics & Markets

    EIA: US natural gas consumption set annual, monthly records in 2023

    April 23, 2024
    US natural gas consumption hit a record high in 2023 at 89.1 bcfd, marking an annual average increase of 4% since 2018, according to data from the US Energy Information Administration...
    EIA.
    Average annual crude oil and condensate production from top three global producers (2013-2023).
    Economics & Markets

    EIA: US currently produces more crude oil than any country in history

    March 12, 2024
    The US has produced more crude oil than any country at any time for the past 6 consecutive years, according to Energy Information Administration data.
    US Energy Information Administration.
    China crude oil processing (2011-2023).
    Refining

    Crude oil processing in China hit all-time high in 2023

    March 5, 2024
    China set a new crude oil processing milestone with an average of 14.8 million b/d in 2023.
    Rystad Energy.
    OEPC+ crude production, previously assumed and updated profile (million b/d).
    Economics & Markets

    OPEC+ members to extend oil production cuts through June

    March 4, 2024
    Several OPEC+ members, led by Saudi Arabia and Russia, will extend voluntary oil output cuts of 2.2 million b/d into second-quarter 2024, providing the market with a boost amid...
    EIA. Data source: CEDIGAZ and the International Group of Liquefied Natural Gas Importers.
    Europe annual LNG imports by exporting country (2010-2023).
    Economics & Markets

    US remained largest LNG supplier to Europe in 2023

    March 1, 2024
    In 2023, the US maintained its position as the largest supplier of LNG to Europe (EU-27 and the UK), supplying nearly half of the total LNG imports, according to data from CEDIGAZ...
    Economics & Markets

    Saudi Arabia halts long-scheduled capacity expansion

    Feb. 21, 2024
    Saudi Arabia halted plans to increase crude production capacity by 1 million b/d to reach 13 million b/d, a target initially set in 2020.