Update: In court on Monday, attorneys for the Texas Public Utility Commission argued that NextEra was aware of risks the company was taking when it bid on the transmission line projects, therefore the company does not deserve an injunction to stop the application of the new Texas “right of first refusal” law while NextEra appeals its previous court defeat

March 11, 2020

A subsidiary of NextEra Energy is asking a state federal judge to reverse a decision ruling on a new Texas grid construction law……
 

March 8, 2020

Austin mineral and royalty interest acquisition company Brigham Minerals has named a new independent director for its board…..
 

Update — Adds new results from Sempra (Energy Future Holdings, Oncor), Exterran, Range Resources and Southwestern, in addition to Apache, Calpine, Cenovus, Denbury Resources, El Paso Electric, Enlink, Oasis, Williams Companies, Cheniere, Tellurian, AEP, Cabot, Energy Transfer, Devon, Pioneer Natural Resources, Diamondback, Rattler, Concho, Flowserve, USA Compression, Petrobras, Oil States International, Hoilly Energy Partners, Magnolia, Targa Resources, ONEOK

March 8, 2020

Here are the latest 4th quarter earnings snapshots:…..
 

March 8, 2020

Rice University, as part of its climate change initiative, is joining with California-based Envision Solar Intl. to build the company’s first charging stations in Texas…..
 

March 8, 2020

A previously-announced oil well deal has closed between Plano-based independent Denbury Resources and a subsidiary of Israel’s Navitas Petroleum.…..
 

March 7, 2020

Oil prices plunged 30% in early trading after OPEC’s failure to strike a deal with its allies regarding production cuts caused Saudi Arabia to slash its prices as it reportedly gets set to ramp up production, CNBC reports Sunday night CDT, leading to fears of an all-out price war……
 

March 7, 2019

Saudi Arabia plans to increase oil output next month, going well above 10 million barrels a day, as the kingdom responds aggressively to the collapse of its OPEC+ alliance with Russia….
 

Spring looks good, and new capacity is coming online in the form of renewables, with more expected

March 5, 2020

The Electric Reliability Council of Texas (ERCOT) is expected record demand for electricity this summer, and grid conditions are expected to be similar to those of last summer, weather permitting — that is, tight……
 

By Alex Mills

March 5, 2020

Great news! Natural gas set production, consumption and export records in 2019.

More good news for consumers is the very low price currently and the reduction in greenhouse gases.

And the future looks strong, too.

According to projections by the U.S. Energy Information Administration’s (EIA), total dry natural gas production in the United States will continue to increase until 2050.

“The United States began exporting more natural gas than it imports on an annual basis in 2017, driven by increased liquefied natural gas (LNG) exports, increased pipeline exports to Mexico, and reduced imports from Canada,” EIA stated.

EIA expects dry natural gas production to total 34 trillion cubic feet (Tcf) in 2019 once the final data is in, which will be a record. EIA projects that U.S. dry natural gas production will reach 45 Tcf by 2050.

Natural gas consumption increased by 3 percent in 2019, reaching a record of 85 billion cubic feet per day (Bcf/d), according to EIA. “Natural gas continues to account for the largest share of electricity generation after first surpassing coal-fired generation on an annual basis in 2017. In 2019, natural gas accounted for 38 percent of total electricity generation followed by 23 percent for coal and 20 percent for nuclear.”….
 

March 4, 2020

Among the closely-watched races in Texas’s Super Tuesday voting was the effort to replace Bedford Republican Rep. Jonathan Stickland, who announced last year that he’s leaving the state legislature….
 

March 4, 2020

In a stunning upset, Railroad Commission of Texas commissioner Ryan Sitton was defeated in Tuesday’s Republican primary….
 

March 4, 2020 1:11 am

Former Vice President Joe Biden is the projected winner in the Democratic presidential primary in Texas….
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March 4, 2020

Bechtel has the contract to build Sempra Energy‘s Port Arthur LNG liquefaction plant, which is waiting an investment decision….
 

March 3, 2020

Preparations are underway for American Electric Power subsidiary Public Service Company of Oklahoma to close its Texas Panhandle coal operation after a state agency gave its okay…..
 

With nearly half of state precincts reporting, Railroad Commission challenger James “Jim” Wright is leading incumbent Ryan Sitton 55% to 45%

Texas Democratic Primary has Joe Biden with 28.4% slightly leading Bernie Sanders with 27.6%

It’s likely Democrat Mary “M. J.’ Hegar will take on Republican incumbent John Cornyn for US Senate — State Sen. Royce West so far garnering fewer than half of Hegar’s number

Mike Bloomberg to reassess campaign after winning only American Samoa caucus: AP
 

March 3, 2020

As Texans turn out to vote on Super Tuesday, new polls indicate solid support among Democrats for a ban on fracking even as Bernie Sanders appears to likely to capture the majority of the party’s voters in the Lone Star State…..
 

March 3, 2020

Crude oil and natural gas production as reported to the Railroad Commission of Texas (RRC) for December 2019 came from 174,016 oil wells and 87,595 gas wells.

The RRC reports that from January 2019 to December 2019, total Texas reported production was 1.455 billion barrels of crude oil and 9.8 trillion cubic feet of total gas. Crude oil production reported by the RRC is limited to oil produced from oil leases and does not include condensate, which is reported separately by the RRC…..
 

March 3, 2020

CenterPoint Energy is joining the dozens of power companies announcing efforts to reduce emissions, but is among the first to do so on a multi-state level……
 

March 2, 2020

A supplemental open season is underway to find more shipper commitments for the Bayou Bridge Pipeline System from Nederland to Lake Charles…..
 

March 2, 2020

An environmental non-profit says it supports a JV project to build an offshore deepwater project near the entrance to the Port of Corpus Christi….