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U.S. Appeals Court Upholds FERC Approvals for Gas Pipeline Expansion

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Pipelines / By

A U.S. appeals court on Tuesday upheld federal approvals for a natural gas pipeline system expansion project in Louisiana and Mississippi, rejecting environmentalists’ claims that the government performed an insufficient review of its climate harms. A unanimous three-judge panel of the U.S. Circuit Court of Appeals for the D.C. Circuit held that the Federal Energy …

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Tesla Axes Most of Supercharger Team in Blow to Other Automakers

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

Ford, GM, other carmakers in midst of tapping into Tesla plugs Decision said to slow growth of network; some may be rehired Bloomberg Tesla Inc. eliminated almost its entire Supercharger organization, which has built a vast network of public charging stations that virtually every major automaker is in the process of tapping into in the US. …

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TotalEnergies Talks Up New York Listing With Sector Abuzz About Switches

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

Total Talks Up New York Listing With Sector Abuzz About Switches Shell, Glencore already subject of speculation over move to US ESG more important to European investors than on Wall Street TotalEnergies SE is increasingly making noise about moving its stock listing to New York, adding to chatter around European giants potentially being lured by US investors’ …

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PG&E in Talks with KKR to Sell Minority Stake in Power Unit

Energy Topics & Technology, Latest, US News, Utilities / By

California regulators poised to reject PG&E’s proposed sale PG&E says transaction would help improve credit profile PG&E Corp. is in talks to sell a minority stake in its power generation business to investment firm KKR & Co., a transaction regulators have signaled they don’t intend to support. The California utility announced it would sell the stake in its hydroelectric, natural gas, …

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Equitrans Boosts Cost Estimate for Mountain Valley Natgas Pipe

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

Equitrans Midstream Corp said on Tuesday it expects to complete the construction and final commissioning activities on its Mountain Valley natural gas pipeline by the end of May at an estimated cost of $7.85 billion. That is higher than the $7.57 billion to $7.63 billion cost estimate the company gave in February. Equitrans is the …

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Traders Scramble for U.S. Storage as Distillates Demand Disappoints

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

Traders are rushing to fill up storage tanks along the U.S. East Coast with distillate fuels, like diesel and heating oil, data from storage broker The Tank Tiger showed on Monday, a sign of deepening oversupply that is weighing on refiners’ profits. Largely warmer-than-expected winter weather in U.S. Northeast and Europe has cut distillates demand …

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Norway to Add Another Oil Field in North Sea With Bestla Tie-In

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

Norway will add a new oil and natural gas development in the North Sea, extending the life of a nearby field that has been in operation for over three decades. Okea ASA will operate the Bestla project, due to come on-stream in the first half of 2027, with total investments forecast to be about 6.3 billion …

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U.S. Reforms Environmental Law to Speed up Clean Energy, Infrastructure Approval

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

(Reuters) – The White House on Tuesday reformed the U.S. environmental review process for major projects which officials said would speed up approval of everything from transmission of power from wind and solar farms to semiconductor manufacturing. The reforms are the second and final phase of the administration of President Joe Biden’s adjustments to the …

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Texas Operators Turn to Flaring Amid Weak Gas Prices

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Natural Gas, Pinned Primary, US News / By

(Reuters) – Operators drilling for oil in Texas are scrambling to dispose of their excess natural gas amid a supply glut and weak prices, prompting an uptick in flaring requests. The Railroad Commission of Texas (RRC), which regulates the state’s oil and natural gas industry, last week approved 21 exemption requests from operators, mostly in …

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Diamondback Energy and Endeavor Receive Second FTC Request Over $26 Bln Deal

Energy Topics & Technology, Latest, Mergers and Acquisitions / By

Oil and gas firm Diamondback Energy said on Monday it had received a second request from the U.S. Federal Trade Commission (FTC) in connection with the $26 billion deal to buy privately-held Endeavor. The U.S. antitrust regulator has asked for additional information and documentary material as part of its review of the proposed merger. CONTEXT …

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