By Alex Mills As 2021 comes to a close, energy companies and organizations begin looking at 2022 and start making plans based on supply and demand expectations. Three organizations that provide market information …
December 14, 2021 — Houston-based energy tech subsidiary company Octopus Energy Group says it has a new long-term partnership with Canada Pension Plan Investment Board (CPP Investments), a large multinational pension fund group …
December 13, 2021 — The Railroad Commission of Texas assessed $719,929 in fines involving 195 enforcement dockets against operators and businesses at the Commissioners’ Conference on Tuesday. The Commission has primary oversight and …
December 9, 2021 — The Texas Oil & Gas Association (TXOGA) has launched a new online resource to share information and resources with the public, policy makers and media about winter weather protocols …
December 6, 2021 — El Paso Electric (EPE) has issued an All Source Request for Proposal to obtain new generating resources including renewable energy for Texas customers by 2025. EPE said it needs …
December 2, 2021 — Kinder Morgan will have new efficiency and safety opportunities with its coming usage of tech giant Palantir‘s Foundry program, Peter Thiel‘s company said Friday. The two companies have signed …
December 2, 2021 — The planned restart is underway at TotalEnergies SE‘s small crude distillation unit in Port Arthur. The 225,500 barrel-per-day refinery was shut in last month for repairs after the large …
December 1, 2021 — Ft. Worth independent nuclear energy parts and services provider Paragon Energy Solutions has been acquired by Newport Beach, CA private equity company Windjammer Capital Investors as part of a …
By Alex Mills The Strategic Petroleum Reserve (SPR) has been a controversial part of the energy debate since the first Arab oil embargo. During the 1973 Arab-Israeli War, Arab members of the Organization …
December 2, 2021 — The statewide flaring rate fell to a record low level in September, according to the Railroad Commission’s latest production data. The percentage of natural gas flared in Texas dropped from …
December 1, 2021 — Crude oil and natural gas production as reported to the Railroad Commission of Texas for September 2021 came from 162,179 oil wells and 86,217 gas wells. The RRC reports …
By Matt Welch, State Director of Conservative Texans for Energy Innovation The February winter storm shocked Texans to the core. For days, the energy capital of the United States shivered silently in …
November 30, 2021 — It’s now harder for natural gas producers to automatically get out of “winterizing” their wells, thanks to changes made unanimously by the Railroad Commission of Texas on Tuesday. The …
By Alex Mills Just about a half a century ago, the United States was battling rising inflation fueled by energy costs. The year was 1976, and inflation was 7.7% and gasoline prices averaged …
Click here to read the Meadows Center report on groundwater sustainability, and click here to read the EDF report on groundwater conservation districts. The Meadows Center for Water and the Environment was named for a gift from …
November 19, 2021 — NextEra Energy Partners is preparing to purchase a minority equity interest in a portfolio of unspecified wind and solar assets in association with multinational investment group BlackRock using a …
November 17, 2021 — A Texas firm owned by two top energy companies, McDermott and a development capital company is touting a “revolutionary technology” that doesn’t spew emissions while generating electricity from natural gas.
La Porte-based NET Power said on Wednesday it has delivered electricity onto the ERCOT grid from its 50 MWth test facility — “the first time anywhere in the world this has been achieved,” a milestone for the energy industry.
November 17, 2021 — President Joe Biden on Wednesday sent a letter to the FTC calling for an investigation into “anti-consumer behavior by oil and gas companies” based on the difference between pump prices and the cost of unfinished gasoline.
President Biden wrote to Federal Trade Commission Chair Lina Khan, noting that the agency “has authority to consider whether illegal conduct is costing families at the pump. I believe you should do so immediately.”
November 16, 2021 — Comstock Resources says it has closed on its sale of Bakken shale non-operated properties for $154 million and is preparing to buy more than 22,000 acres in the Haynesville.
The sale, retroactive to October 1st when the deal was signed, includes “non-operated interests in 442 producing wells (68.3 net) producing approximately 4,500 barrels of oil equivalent per day,” the company said, and it expects to recognize a pre-tax loss of $150-$160 million on the divestiture.
By Alex Mills November 14, 2021 — Consumption of energy will continue to rise through the remainder of the year firming the price of petroleum products, according to a new study released by …