.The Texas Energy Report

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.The Texas Energy Report

“Ike Dike” Needed More Than Ever: A&M’s Merrill

“Merrell says Texas could be living on borrowed time since no progress to protect the island has been done since Ike.”

August 25 — With the recent concern about whether Hurricane Laura threatens the Houston area’s petrochemical complexes, the man who proposed a “coastal spine” says the need to protect residents and businesses along …

Water Needed For Reducing Climate Change Effects? That Could Be a Big Problem

Water will likely be the most precious energy resource of a 21st century carbon-reduced world. We’ll need it for fracing but we’ll even need it in abundance to meet Climate Change goals. Will it be there?

By Mike Shiloh   August 25 — The United Nations Intergovernmental Panel on Climate Change is counting on technology for a future in which the world begins weaning itself of dependence on fossil …

Update: Q2 Texas Energy Earnings Roundup 2020

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.

 

Poll Shows Texans Understand Need for Affordable, Secure Energy

About 70% of those polled, including majorities of Democrats and Independents, would rather have candidates who support the oil and gas industry

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, …

Democrat Party Platform Seeks Environmental Justice

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.

Let’s Be Clear, Petra Nova’s Carbon Capture System Works

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….