mark

Canada Regulators Face Activist Ire for Trans Mountain Variance Approval

(Reuters) – Environmental campaigners are criticizing Canada’s energy regulator for approving a “variance” request on a section of the Trans Mountain Expansion pipeline project, calling new conditions around material procurement accompanying the approval too lenient. Last week the Canada Energy Regulator (CER) agreed to Trans Mountain’s request for a variance that will enable the Canadian-government-owned pipeline to …

Canada Regulators Face Activist Ire for Trans Mountain Variance Approval Read More »

Why the Texas Power Grid Is Still Facing Challenges

Bloomberg The electric power grid in Texas, which collapsed dramatically in a 2021 winter storm, is being tested once again as the state endures an Arctic blast. Demand for electricity has broken wintertime records as the state’s population continues to grow amid a rapid change in its energy mix, with wind and solar displacing fossil fuels. That’s been stoking …

Why the Texas Power Grid Is Still Facing Challenges Read More »

Oil Falls as China’s Economic Recovery Disappoints, Dollar Strengthens

Summary China Q4 GDP grows 5.2% vs poll’s 5.3% China’s 2023 refinery throughput hits record high Dollar near 1-mth high as Fed rate cut expectations ease (Reuters) – Oil fell more than $1 on Wednesday as economic growth in China, the world’s second-largest crude user, slightly missed expectations, raising concerns about future demand, while U.S. …

Oil Falls as China’s Economic Recovery Disappoints, Dollar Strengthens Read More »

Wind, Solar to Lead U.S . Power Generation Growth Over Next 2 Years, EIA Says

(Reuters) – Wind and solar are set to lead U.S. power generation growth for the next two years following new renewable energy instillations, Energy Information Administration (EIA) said on Tuesday. U.S. solar power generation is expected to grow 75% to 286 billion kilowatt hours (kWh)in 2025 from 163 billion kWh in 2023 as more generation …

Wind, Solar to Lead U.S . Power Generation Growth Over Next 2 Years, EIA Says Read More »

Deep Freeze Hits U.S. Oil Industry From North Dakota to Texas

Summary Texas refineries report malfunctions as equipment freezes Some refineries performing overhauls planned months ago HOUSTON, Jan 16 (Reuters) – A severe winter storm shut a U.S. Gulf Coast refinery in Texas on Tuesday, triggered malfunctions at others and halved North Dakota oil production as it dumped snow and rain across a broad swath of …

Deep Freeze Hits U.S. Oil Industry From North Dakota to Texas Read More »

Biden Urged to Use Obscure Law to Thwart TC Energy Pacific Northwest Pipeline Expansion

Activists tout decades-old law to advance climate agenda TC Energy plans expansion of gas pipeline in Pacific Northwest Joe Biden Environmentalists are urging the White House to use an obscure legal tool to thwart TC Energy Corp.’s planned expansion of a natural gas pipeline in the Pacific Northwest that they say would stoke climate change. The …

Biden Urged to Use Obscure Law to Thwart TC Energy Pacific Northwest Pipeline Expansion Read More »

U.S. Oil Output Due to Drop in February for Fifth Straight Month, EIA Says

U.S. oil output from top shale-producing regions is due to decline in February for the fifth consecutive month, the U.S. Energy Information Administration (EIA) said in a monthly report on Tuesday. Oil output is set to fall to 9.68 million barrels per day (bpd) next month, driven by declines in the Eagle Ford and Bakken …

U.S. Oil Output Due to Drop in February for Fifth Straight Month, EIA Says Read More »

Deep Freeze Triggers U.S. Gulf Coast Refinery Shutdown

 TotalEnergies’ 238,000 barrel-per-day (bpd) refinery in Port Arthur, Texas, was examining units after a plantwide power outage on Tuesday morning as a winter storm brought frigid temperatures to the U.S. Gulf Coast, sources familiar with the company’s operations said.Flint Hills Resources said its 343,000-bpd refinery in Corpus Christi, Texas, sustained significant impacts from unseasonably cold …

Deep Freeze Triggers U.S. Gulf Coast Refinery Shutdown Read More »

U.S. Natural Gas Demand Eyes Record as Arctic Blast Dents Output

U.S. natural gas supplies fell to near a 13-month low on Monday as an Arctic blast across much of the country froze wells, while demand for the fuel for heating and power generation was set to hit a record high on Tuesday. In Texas, meanwhile, the state’s power grid operator, the Electric Reliability Council of …

U.S. Natural Gas Demand Eyes Record as Arctic Blast Dents Output Read More »

How To Keep Your Digital Energy Job Even If Your Company is Acquired – Geoffrey Cann

Go from survive to thrive in a few easy steps. By Geoffrey Cann If you’re working on a digital innovation when your oil and gas company has been acquired, you’re at risk, and you need a plan. Why The Industry Is In Turmoil Let’s be frank. The oil and gas industry is the poster child for a fast turning …

How To Keep Your Digital Energy Job Even If Your Company is Acquired – Geoffrey Cann Read More »