August 24 — The Railroad Commission of Texas is warning oil and gas operators near the Gulf Coast of potential threats by tropical storms Marco and Laura. An advisory notice issued Monday includes …
August 24 — Perparations for the two-day process of shutting down Motiva‘s Port Arthur refinery are underway, according to multiple reports. It’s the same refinery that was forced to shut down by up …
Added: Abraxas, Comstock Resources, Contango, Goodrich Petroleum, Lonestar, Natural Gas Services, Summit Midstream Partners, Transatlantic Petroleum. Also included: Altus Midstream, American Electric Power, Atmos Energy, Basic Energy Services, Black Stone Minerals, Cabot, CenterPoint Energy, CSI Compressor, Diamondback Energy & Viper Energy, Dominion Energy, Earthstone, Enbridge, Energy Transfer, Enlink, EOG, Exxon, FTS International, Genesis Energy, Holly Energy Partners, Kimbell Royalty Partners, Kosmos, Magellan Midstream, Magnolia Oil and Gas, Marathon, Matador Resources, Montage Resources, MRC Global, NewPark, NuStar, Oasis Petroleum, Occidental Petroleum, Oncor, ONEOK, Phillips 66, Pioneer Natural Resources, Plains All American, ProPetro, Quanta Services, Range Resources, Ring Energy, Saudi Aramco, Silverbow Resources, Smart Sand, SM Energy, Southwestern Energy, Superior Energy Services, Talos, Tellurian, TETRA, Texas Pacific Land Trust, USA Compression, US Silica, VAALCO, Weatherford, Western Midsteam, Whitewater Midstream.
The Texas Energy Report NewsClips – August 21, 2020 Click on each headline to read more of the story at the source. Asterisk * following headline indicates news content may be limited or …
August 22 — A new poll just released this week shows that a majority of Texas voters understand the importance of the oil and natural gas industry and its role in keeping energy affordable, powering modern life, …
The Texas Energy Report NewsClips – August 24, 2020 Top Stories Reuters/Nasdaq – August 23, 2020 Energy firms shut 58% of U.S. Gulf of Mexico oil output due to twin storm …
CIT Group Inc. says its Power & Energy unit served as the sole lead arranger on $162 million in financing for the East Blackland Solar Project in Travis County, Texas. The financing was arranged …
The Texas Energy Report NewsClips – August 31, 2020 Top Stories KTRK (Houston) – August 28, 2020 Hurricane Laura Arrived Just As the Army Corps Is Wrapping “Ike Dike” Study Called …
August 20, 2020 — Xcel Energy says it wants to help put about 1.5 million electric vehicles on the roads by 2030. It has proposed investing $100 million in Colorado over the …
By Alex Mills
August 20, 2020
The debate over energy policy has changed. A short time ago the debate’s primary element was reducing America’s dependence on foreign oil. Democrats, who concluded their national convention this week, didn’t even mention foreign oil imports, and their platform on energy focuses on climate change and environmental justice.
August 19, 2020
Mexico’s ALFA S.A.B. de C.V. says its subsidiary, Newpek LLC, has divested all of its assets in Texas, and has closed up shop here….
August 19, 2020 —
As Texas continues to lead the nation in wind energy, Virginia-based Apex Clean Energy says it’s sold its interest in Crockett County’s White Mesa Wind project….
August 19, 2020
Construction is undeway on the Pflugerville Solar Project in Travis County….
August 19, 2020
Energy retail independent Spark Energy, Inc.has a share buyback program underway valued at up to $20 million of the company’s Class A common stock…
By Beth (Hardy) Valiaho, B.A., LL.B, LL.M., a statement on behalf of the International CCS Knowledge Centre.
August 19, 2020
The recent news that the carbon capture and storage (CCS) project at Petra Nova suspended its operations is concerning. As we try to advance CCS globally to see rapid and meaningful cuts in carbon dioxide (CO2) emissions, any project that gets shut down at this point, particularly when they are capturing successfully, is a step backwards for CCS.
NRG’s & JX Nippon’s CCS initiative at Petra Nova, located in Texas, at the W.A. Parish Generating Station, was not only successful in its project delivery in 2016 (on time and on budget), and recipient of Power Engineering’s Project of the Year (2017), but also had continued to operate successfully capturing 90% of CO2 emissions – the equivalent of taking 350,000 cars off the road.i
So, the halt of CO2 capture at Petra Nova is nothing short of disappointing.
It’s not helpful for the environment.
It’s not helpful for progress and innovation.
To limit global warming to 1.5°C, large-scale, emissions-intensive, industrial and power generation processes must be significantly decarbonized. To meet reductions of this magnitude there needs to be accelerated progress in the commercial-scale deployment of CCS across a wide variety of applications, including industrial processes, such as cement and steel; and power generation, such as coal and natural gas….
August 18, 2020 With oil & gas prices reaching five-month highs, Texas’ Range Resources is one of two companies issuing new high-yield bonds. The Fort Worth E&P issuer said on Tuesday it’s offering …
August 14, 2020
The CEO of Whiting Petroleum Corp. will step down after the company comes out of Chapter 11 bankruptcy on September 1st, the company said Friday…..
August 13, 2020
The Railroad Commission has an enormous responsibility shepherding Texas’ oil and gas industry, which is critical to our daily lives and economy.
In its role regulating energy production and ensuring natural resources are extracted responsibly, the agency has been taking advantage of operational and technological efficiencies to achieve its goals.
Last week, RRC commissioners took actions to further address flaring with proposed revisions to the Application for Exception to Statewide Rule 32, while the Commission creates better reporting requirements to record for how much each flare releases and an integrated online system connecting the work of permit writers, operators, and agency field staff.
August 13, 2020
Austin, Texas – Today, the U.S. Environmental Protection Agency (EPA) released final regulations revising the New Source Performance Standards (NSPS) for the oil and natural gas industry, which are projected to result in net benefits of $750 to $850 million dollars over the period lasting from 2021 to 2030, with the annualized equivalent being roughly $100 million a year in savings from unnecessary regulatory costs. The Texas Independent Producers & Royalty Owners Association (TIPRO) has been an active participant in the rulemakings and associated litigation since the EPA announced planned changes to the NSPS for the Oil and Gas Sector in August 2011. The following statement regarding today’s rule change can be attributed to Ed Longanecker, president of TIPRO:
“TIPRO applauds the Trump Administration for adopting reasonable air standards that will protect the environment while also reducing regulatory burdens threatening to stifle domestic energy production. The EPA’s final revisions to the NSPS regulations for the oil and natural gas industry represent a more balanced approach, will remove unnecessary regulatory requirements, save the industry millions in compliance costs and strongly support ongoing efforts to lower air emissions in the United States.
The previous NSPS was among the most overreaching regulations targeting the U.S. oil and natural gas industry to be promulgated under the previous administration, without appropriate justification for such policies. Since the EPA updated its NSPS and permitting rules in 2016 for new, reconstructed and modified oil and gas sources, TIPRO has lobbied against the disproportionate impact of the rules on smaller U.S. oil and natural gas producers including operators of marginal oil and gas wells….
