U.S. advances major southwestern transmission project

WASHINGTON, May 18 (Reuters) – The Department of the Interior’s Bureau of Land Management on Thursday announced it had completed the environmental review of a transmission project that can transport up to 4,500MW of mostly renewable energy across the southwestern U.S. The step moves the project close to the finish line some 15 years after …

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U.S. natgas up 2% to two-month high as Canada wildfires keep exports low

U.S. natural gas futures rose about 2% to a two-month high on Thursday as wildfires kept gas exports from Canada near a 25-month low. That price increase came ahead of a federal report expected to show a bigger-than-usual U.S. storage build last week when mild weather kept demand for the fuel low for both heating …

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Shell Demands Profits From Green Energy Unit, Not Just CO2 Cuts

Shell Plc executives are telling their renewable power business that it needs to become more profitable, not just deliver lower carbon emissions, and pull back from the less successful elements of its clean-energy strategy. That was the message from Steve Hill, executive vice president of Shell Energy, at an internal town hall for his team …

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Epsilon Announces a Second Transaction in the Permian Basin

HOUSTON, May 16, 2023 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported an investment in Ector County, Texas with material follow-on development opportunities. Epsilon is pleased to announce entering into a second drilling focused transaction in the Permian Basin. The acquired assets are a 25% working interest in 12,373 …

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Maximizing Break-Up: A Data-Driven Approach to Streamlined Operations

Should I be looking into ERPs during break-up? If you’re seeking ways to enhance operational efficiency, optimize processes, and stay ahead of the competition, YES! Enterprise Resource Planning (ERP) software is one powerful tool that can revolutionize your business operations. Among the leading providers in the market, Discovery Solutions stands out with its cutting-edge ERP …

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Return of Fires in Canada’s Gas Region Prompts New Outages

A resurgence of wildfires across Canada’s main energy-producing province in recent days prompted some drillers to suspend portions of their production again, and officials are warning of worsening conditions in the days ahead. There were 90 active wildfires in Alberta as of Monday afternoon, with 23 considered out of control, Christie Tucker, a spokeswoman for …

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