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Trump Would Axe Biden Clean Power Rules, Speed Power Plant Approvals, Campaign Says

Electricity Grid, Energy Topics & Technology, Latest, Renewable Energy, Solar, Tri-Pinned, US News, Wind / By

Donald Trump would rescind many of President Joe Biden’s clean energy rules while also speeding approvals of power plants to meet the nation’s rising electricity demands, the Republican’s presidential campaign said on Thursday. Should he win the Nov. 5 election, Trump would axe clean energy regulations of Biden and his opponent, Vice President Kamala Harris, …

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Maersk Says Ocean Shipping’s Zero-Emissions Push Needs Government Support

Emission Reduction, Energy Topics & Technology, Latest, Net Zero, US News / By

(Reuters) – The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean – a milestone in the shipping industry’s effort to reduce its climate impact. But when the 1,148-foot (350-meter) vessel arrived at the Port of Los Angeles from China last week, there was nowhere in the …

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Crude and Gasoline Stocks fall, Distillates Rise, EIA Data Shows

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

Crude inventories fell by 846,000 barrels to 425.2 million barrels in the week ended August 23, the Energy Information Administration (EIA) said on Wednesday, compared with analysts’ expectations in a Reuters poll for a 2.3 million-barrel draw. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 668,000 barrels in the week, the EIA said. …

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California’s EV Dreams Face an Awkward Reality

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

The state leading in vehicle electrification reckons with the costs of the energy transition and who pays for it. By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.   California wants …

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AI’s Race for U.S. Energy Butts Up Against Bitcoin Mining 

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil, US News / By

Summary Tech giants are acquiring energy assets from bitcoin miners Data centers could use up to 9% of US electricity by decade’s end, EPRI says Bitcoin miners face challenges repurposing for AI due to high costs and infrastructure needs Aug 28 – U.S. technology companies are pursuing energy assets held by bitcoin miners as they …

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Equinor May Reconsider Investing in UK Oil Sector if Tax Regine Changes

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil / By

Summary Company is working with partner Ithaca to develop Rosebank field Labour has said it will hike windfall tax by 3 percentage points STAVANGER, Norway, Aug 28 (Reuters) – Norway’s Equinor may reconsider investing in oil and gas in Britain if the Labour government changes the industry’s tax regime, a top company executive told Reuters. …

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US Slowly Replenishes Strategic Petroleum Reserve into 2025

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

(Reuters) – The U.S. is slowly replenishing the Strategic Petroleum Reserve, buying up to 6 million barrels of oil for delivery in the first several months of next year, after the largest sale yet from the stockpile in 2022. The Energy Department said late on Monday it sought to buy about 3.6 million barrels for …

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Shell Plans to Shut-in Different Portions of Zydeco Pipeline

Conventional Energy, Energy Topics & Technology, Latest, Oil, Pipelines, US News / By

(Reuters) – Oil major Shell on Monday said it plans to shut-in different portions of its Zydeco pipeline system for maintenance for three to four days starting Sept 24. The Zydeco pipeline system, which spans over 350 miles and has a mainline capacity of about 375,000 barrels per day, has four segment and ships crude …

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Norway Oil Output, Renewable Push Go Hand-in-Hand, Aker BP Says

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil / By

Norway must make more area available for hydrocarbon exploration and scale up the country’s nascent renewable sector in order to protect domestic suppliers of parts and services, according to the head of the country’s second biggest oil and gas company. “We need as much acreage as is possible and whatever is hindered by environmental assessments, …

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Trans Mountain Names Maki New CEO Before Government Sale

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, Pipelines / By

He will replace Dawn Farrell, who recently was appointed as Trans Mountain’s board chair, effective Sept. 1 Bloomberg News Trans Mountain Corp., the government-owned company operating Canada’s newest major oil pipeline, named Chief Financial and Strategy Officer Mark Maki as its next chief executive as it prepares for a sale to private owners. Maki will replace …

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