The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) has closed a $480-million loan for Arena Energy’s Project Elkhorn, which will modernize 22 offshore platforms on the U.S. Gulf shelf off Louisiana. At peak, the project is expected to add up to 38,600 bpd of oil and 77 MMcfd of gas. DOE […]
The Department of Energy (DOE) said Monday it will proceed with issuing final orders on pending applications to export liquefied natural gas (LNG) to countries with no free trade agreement (FTA) with the United States.
It has now prepared a response to comments on a Biden-era study reviewing permitting considerations and thereby “completed the final hurdles left over from the Biden administration’s reckless pause on LNG export permits, paving the way for the Trump Administration to fully unleash American LNG exports”, the DOE said in an online statement.
Back in February, leading energy information company, Energy Intelligence, reported that interest in long-term LNG projects remains robust despite the Biden administration pausing new licenses for LNG export projects still in the planning pipeline.
A statement posted on the U.S. Office of Cybersecurity, Energy Security, and Emergency Response’s (CESER) website late Monday noted that the U.S. Department of Energy’s (DOE) Office of Petroleum Reserve announced a supplemental solicitation for up to three million barrels of oil for delivery in January 2024.