Marcellus Drilling News

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MDN’s Energy Stories of Interest: Tue, Jul 15, 2025 [FREE ACCESS]

Marcellus Drilling News

NATIONAL: Trump’s tax law throws lifeline to unloved energy and climate sectors; INTERNATIONAL: WTI slips below $67 amid global tariff turmoil; How likely is $100 oil in 2025?; OPEC claims the world needs $18.2 trillion in O&G investments by 2050; Middle East gas exports soar to meet global demand. NATIONAL Trump’s tax law throws lifeline.

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U.S. Energy Exports Highest in History @ 30.9 Quadrillion BTUs

Marcellus Drilling News

The United States continued to produce more energy than it consumed in 2024. This surplus energy production helped energy exports grow to a record high 30.9 quadrillion British thermal units (quads) in 2024, up 4% from 2023. Energy imports remained flat at 21.7 quads in 2024, indicating that the United States exported 9.3 quads more.

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Commonwealth LNG Gets Final OKs to Build, Export from FERC, DOE

Marcellus Drilling News

Commonwealth LNG received major news this week from two different government agencies. The first bit of news was a final authorization from the Federal Energy Regulatory Commission (FERC) to proceed with building the $11 billion project in Cameron, Louisiana. The second bit of news was a final authorization to export to countries without a free.

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DOE Approves Increase in Venture Global Calcasieu Pass LNG Exports

Marcellus Drilling News

Venture Global’s Calcasieu Pass (CP) LNG export facility in Louisiana began operations in March 2022 (see Calcasieu Pass LNG Loads Inaugural Cargo; Sabine Pass LNG Expands). After liquefying and exporting over 400 cargoes of LNG from March 1, 2022, through April 2025, Venture Global said its CP LNG export facility in Louisiana was officially open.

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FERC Approves Major Powergen Deal: Constellation Buying Calpine

Marcellus Drilling News

In January, Constellation Energy (a huge power-generating company) announced a deal to buy out and merge with Calpine (another huge power-generating company). Calpine owns 79 energy facilities across the country, generating some 27 gigawatts (GW) of electricity, with a large number located in the eastern U.S. Many of Calpine’s facilities use natural gas to produce.

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Eastern Gas Files with FERC to Expand Pipe Flows from PA to OH

Marcellus Drilling News

Eastern Gas Transmission and Storage (EGTS), a wholly owned subsidiary of Berkshire Hathaway Energy Company (Warren Buffett’s company), filed a new project with the Federal Energy Regulatory Commission (FERC) on Monday. The project is called the Appalachian Reliability Project (ARP) and is designed to move more natural gas from Pennsylvania to Ohio.

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Dept. of Energy Releases Climate Science Report Based in Realism

Marcellus Drilling News

The U.S. Department of Energy (DOE) yesterday released a new report, “A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S. Climate” (full copy below), evaluating existing peer-reviewed literature and government data on climate impacts of Greenhouse Gas (GHG) Emissions and providing a critical assessment of the conventional narrative on climate change.