News & Analysis as of

Exports Oil Reserves

Cornerstone Research

U.S. Natural Gas Marketed Production Reaches Record Highs

Cornerstone Research on

Ukraine War contributes to substantial increase in U.S. LNG exports to Europe. Washington—Annual marketed production of natural gas increased in the United States to a record high in 2022...more

Opportune LLP

SPR Crude Oil Releases—It’s Complicated

Opportune LLP on

There have been media reports recently that have discussed the disposition of crude oil that is being released from the Strategic Petroleum Reserve (SPR). You may recall that the Biden Administration ordered emergency sales...more

Holland & Knight LLP

Venezuela Economic Outlook

Holland & Knight LLP on

Oil production, the main source of foreign currency earnings in Venezuela, dropped to 740,000 barrels per day in March 2019, compared with the average production of 1.6 million barrels during 2018 and 2.2 million in 2017. ...more

Hogan Lovells

Gas Snippets

Hogan Lovells on

Africa must have clear plan for using its gas reserves - It is vital that Africa has a clear and cohesive vision in place for how it plans to use its gas reserves, says New Partnership for Africa's Development Business...more

Patterson Belknap Webb & Tyler LLP

Venezuela Debt Update: Recent Developments in Arbitrations that Could Impact Restructuring Efforts

It’s hard to find something positive these days to write about Venezuela. Some basic facts tell the story of the misery there. Consumer prices this year might rise one million percent. The minimum wage was increased by...more

King & Spalding

House Votes to End Crude Oil Export Ban

King & Spalding on

On October 9, the U.S. House of Representatives voted 261-159 to end the 40-year-old ban on the export of domestic crude oil. The bill has been sent to the Senate for consideration, where it is unclear if it will be passed....more

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