ExxonMobil Victory In Climate Change Trial
December 10, 2019
ExxonMobil claimed a victory in a closely-watched climate change-related….
December 10, 2019
ExxonMobil claimed a victory in a closely-watched climate change-related….
December 9, 2019
One of the most abundant energy sources in the world is heat — and University of Texas Dallas researchers are working on a generator to draw heat waste into clean energy……
December 9, 2019
An extensive new natural gas processing center in the Permian Basin is going online, according to its operators…..
December 9, 2019
The state of South Dakota has finally appropriated money to start plugging 40 wells abandoned by a bankrupt Houston company…..
December 9, 2019
Kinder Morgan (KMI) plans to spend $2.4 billion for expansion projects and contributions to joint ventures next year, according to its latest preliminary 2020 budget report…….
December 9, 2019
The Sierra Club is highlighting a new tentative agreement with the owners of a Permian Basin natural gas processing plant…..
December 9, 2019
Ft. Worth E&P Lilis Energy Inc. has received notice of delisting with a deadline from the New York Stock Exchange (NYSE), about which the company is already taking action…..
December 9, 2019
There’s a new definitive merger agreement whereby Anadarko Basin developer Jones Energy II Inc. is acquired by Revolution II WI Holding Company.….
December 9, 2019
Shale producers in Texas are getting more than 40 times as many permits to flare or vent natural gas as they did at the start of the supply boom a decade ago…..
Vapor cloud cited before explosion, official says, noting loss of “process fluid”
December 5, 2019
A voluntary evacuation order was lifted Thursday afternoon by the city of Port Neches and Jefferson County, after residents were again asked to evacuate homes near the plant that exploded and caught fire more than a week ago, an event so far being blamed on a “fundamental” system failure……
By Alex Mills
December 5, 2019
Petroleum imports to the United States have been a major concern for policymakers for more than 50 years.
Economists and national security experts warned of the huge outflow of dollars that were leaving the U.S. and going to countries that were not very friendly, such as Iran, Iraq and Venezuela. It became such a huge concern that the federal government created the Strategic Petroleum Reserve as an insurance policy against a future supply disruption.
Petroleum imports, which includes crude oil and petroleum products, rose steadily through the 1960s and the remainder of the 20th century until 2008 when oil and natural gas production began to rise. In 2015, the law restricting exports was lifted and the tide turned.
This week the Energy Information Administration announced the U.S. exported more petroleum than it imported in September for the first time since it began keeping records in 1973. EIA said exports exceeded imports by 89,000 barrels per day (b/d)…..
Peak demand forecast is up on increased O&G and industrial electricity needs in West Texas and the Gulf Coast, but reserves from renewables and small, flexible gas-powered sources are up too
December 5, 2019
ERCOT says its planned power reserve margin will be up to more than 10% by next summer, the electricity manager for most of Texas says in its latest estimate of demand and reserves……
December 4, 2019
The impacts of oil, gas, electricity and other forms of energy will be scrutinized by Texas House committees on the way to the 87th Legislative Session, according to charges released by the Texas House speaker…..
December 4, 2019
HOUSTON— The Center for Biological Diversity is challenging the Trump administration’s plan to expand federal fossil-fuel extraction in Texas, Kansas and Oklahoma. The new resource management plan would allow leasing and extraction of oil and gas on 4.4 million acres of publicly owned lands and minerals and coal extraction on nearly 1.7 million acres.
The Center’s legal protest, filed Monday, challenges the Bureau of Land Management’s failure to align public lands management with climate needs by phasing out new fossil-fuel leasing and extraction. The protest also says the BLM failed to analyze potential harm from fossil fuel extraction to wildlife, rivers, air quality and drinking water.
“We urgently need to stop burning fossil fuels, but instead the Trump administration is flooring the gas,” said Taylor McKinnon, a senior campaigner at the Center. “Each new lease locks in pollution our climate can’t afford.”….
Oil tax income down just a little…But $3.3 billion transfers into the Rainy Day and Highway funds
December 4, 2019
State income from natural gas taxes was down 33% year-over-year during November 2019, Comptroller Glenn Hegar says…..
December 4, 2019
In addition to Oklahoma layoffs announced this week, Halliburton is suspending some Western Canada operations.
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December 4, 2019
Jefferson County Commissioners on Tuesday approved the relocation of a section of State Highway 87 that will bring a decision closer on a possible expansion of an LNG project…..
December 4, 2019
Chesapeake Energy stock prices were up on Wednesday after the company announced high-cost moves to bolster its financial positions and buy time for future moves……
That was before the latest “shelter in place”…There were also incidents in which firefighters’ efforts to control blaze were hampered
December 4, 2019
On the eve of a new “shelter in place” order for his area, a Jefferson County official said there are no plans for a lawsuit against the company that owns a petrochemical plant that exploded and caught fire nearly a week earlier…..
December 4, 2019
Increased levels of a chemical in the air has prompted officials in the city of Port Neches to issue a “shelter in place” order overnight, after explosions and a fire a week ago……