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US Study Likely to Stop Short of Saying LNG Exports Not in Public Interest, Sources Say

Conventional Energy, Latest, LNG, US News / By

(Reuters) – President Joe Biden’s administration will release as soon as Tuesday a study on exports of liquefied natural gas that is expected to stop short of saying the trade is not in the public interest, two industry sources with knowledge of the issue said. Biden in January paused the Department of Energy’s approvals of …

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US Hits North Korea and Russia With New Sanctions, Treasury Says

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(Reuters) – The United States hit North Korea and Russia on Monday with new sanctions that the Treasury Department said targeted Pyongyang’s financial activities and military support to Moscow. The sanctions, which list North Korean banks, generals and other officials as well as Russian oil shipping companies, are the latest U.S. measure aimed at disrupting …

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Phillips 66 to Sell stake in Texas Pipeline for $865 Mln

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

Dec 16 (Reuters) – Phillips 66 said on Monday it would sell its 25% stake in the Gulf Coast Express pipeline in Texas to an affiliate of ArcLight Capital Partners for $865 million, setting the U.S. refiner on course to exceed its asset sale target. Despite a fall in refining profits, Phillips 66 has opted to …

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Marathon, Teamsters Reach Pay Deal at Detroit Refinery

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

By Reuters Dec 15 (Reuters) – Teamsters members working at Marathon Petroleum’s  Detroit refinery have voted to ratify a seven-year collective bargaining agreement, the company and the union said on Sunday, three months after workers walked off the job. “The process to safely welcome our employees back to the refinery is already in progress,” the Findlay, Ohio-based …

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Enbridge Reports 265,000-Litre Oil Spill in Wisconsin

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

EDMONTON — Calgary-based pipeline giant Enbridge says it has cleaned up about 60 per cent of a nearly 265,000-litre oil spill in Wisconsin that was discovered last month. Enbridge says the spill was discovered by an employee conducting a visual inspection of its Line 6 at the Enbridge Cambridge Station, west of Milwaukee, on Nov. …

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Interview: How the Incoming Administration Can Unleash American Energy – Alex Epstein

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

Kimberly Guilfoyle recently interviewed me on what I think the incoming administration, including some promising new political appointees, can do to unleash American energy. The full video and transcript are below. As a preview, here’s what I view as the top 5 energy policy priorities: Liberate responsible energy development End preferences for intermittent electricity Set …

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Biden’s $400 Billion Green Bank Gets Ready for Trump

Latest, Renewable Energy, Solar, US News / By

With President-elect Donald Trump’s inauguration less than a month away, the Energy Department is getting clean tech loans finalized. Today’s newsletter looks at who’s getting loans — and how Trump can remake the office.  Dude where’s my loan? By Ari Natter and David R. Baker US President Joe Biden’s $400 billion green bank has just weeks to close billions …

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US House Panel Finds BlackRock, Other Asset Managers Leery of Joining Climate Initiative

Latest, US News / By

(Reuters) – Top U.S. asset managers worried that signing up to an industry climate initiative could make them appear to be working too closely together and draw regulatory scrutiny, according to a report released Friday by a Republican-led U.S. Congressional Committee. The report is the latest released by the panel’s Republican majority as part of …

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Exxon’s AI Power Play Aims to Beat Nuclear

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

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. To most of us, a power plant is a source of electricity. To Exxon Mobil Corp., it’s a machine that converts natural …

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GE Vernova Expects More Trouble for Struggling Offshore Wind Industry

Latest, Renewable Energy, US News, Wind / By

It looks easy enough: Ask ChatGPT something, and it responds. But pull back the curtain, and you’ll find that every ChatGPT prompt and Microsoft Copilot task consumes vast resources. Millions of human beings engineering, correcting and training models. Enough terawatt-hours of electricity to power countries. Data center mega­campuses around the world. Power line networks and …

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