OPEC+ Holds Both the Knife and the Cake

OPEC+ Holds Both the Knife and the Cake October 05, 2021 OPEC+ holds both the knife and the cake in the oil market, especially as the group boasts the lion’s share of the remaining unused supply capacity in the world. Read more

Read more

Illinois Legislature saves at-risk nuclear plants with clean energy bill

Illinois Legislature saves at-risk nuclear plants with clean energy bill September 13, 2021 The Illinois Legislature has approved legislation providing nearly $700 million in subsidies over five years to save unprofitable nuclear plants, acting in the final hour to stop at least one from shutting down. Read more

Read more

As Vogtle’s costs rise, changes near for reviewing project’s run-away expenses

As Vogtle’s costs rise, changes near for reviewing project’s run-away expenses AUGUST 17, 2021 State regulators will consider signing off Tuesday on a plan marking a significant shift in how cost overruns are handled for Georgia Power’s Plant Vogtle expansion, which is already billions of dollars over budget and years…

Read more

Devon and Conoco Study $10B Shell Permian Assets

Devon and Conoco Study $10B Shell Permian Assets August 03, 2021 Devon Energy Corp. and ConocoPhillips are among potential suitors studying Royal Dutch Shell Plc’s portfolio of Permian Basin oil fields, which could be worth as much as $10 billion in a sale, people familiar with the matter said. Read…

Read more

FirstEnergy Federally Charged in Ohio Nuclear Bailout Scheme

FirstEnergy Federally Charged in Ohio Nuclear Bailout Scheme Jul 22, 2021 Facing a federal charge for honest services wire fraud in a corruption case related to the billion-dollar nuclear plant bailout in Ohio, FirstEnergy Corp. has agreed to abide by the terms of a three-year deferred prosecution settlement to get…

Read more

Energy company wants $15 billion from the Biden administration for blocking the Keystone XL pipeline

Energy company wants $15 billion from the Biden administration for blocking the Keystone XL pipeline July 4, 2021 TC Energy Corporation, the company that developed the Keystone XL pipeline project, is seeking to recover more than $15 billion in damages from the United States, claiming the US government breached its…

Read more

Supreme Court won’t sidetrack plans for PennEast pipeline

Supreme Court won’t sidetrack plans for PennEast pipeline JUN 29, 2021 The Supreme Court sided Tuesday with a pipeline company in a dispute with New Jersey over land the company needs for a natural gas pipeline, portions of which would cut through nearly a dozen municipalities in Northampton County. Read…

Read more

Oil and gas market rebound underpinned by market discipline at home and abroad

Oil and gas market rebound underpinned by market discipline at home and abroad

Oil and gas market rebound underpinned by market discipline at home and abroad Energize Weekly, May 26, 2021 Oil and natural gas have seen a rebound in 2021 but those gains are delicately balanced on market discipline in both global and domestic markets, according to an assessment by industry analyst…

Read more

Texas Storm Cost NextEra $180 Million in Uncollected Revenue

Texas Storm Cost NextEra $180 Million in Uncollected Revenue Josh Saul and Mark Chediak; Fri, April 23, 2021 NextEra Energy Inc., the world’s biggest investor-owned generator of wind and solar power, said it wasn’t able to collect $180 million in revenue following the Texas energy crisis that left the state’s…

Read more

Records reveal Entergy’s role in stalling MISO transmission planning

Daniel Tait  •  April 5, 2021 Entergy coordinated closely with Mississippi Public Service Commission staff and the Commission’s outside consultants to stall regional transmission projects, potentially blocking its customers’ access to lower-cost wind energy from outside Entergy’s service territory and placing them at greater risk of future power outages. Read more

Read more

SPP launches Western Energy Imbalance Service real-time balancing market

SPP launches Western Energy Imbalance Service real-time balancing market

Energize Weekly, February 3, 2021 Regional transmission organization (RTO) Southwest Power Pool (SPP) launched its Western Energy Imbalance Service (WEIS) on Monday, Feb. 1. The WEIS includes parts of Arizona, Colorado, Montana, Nebraska, South Dakota, and Wyoming. The real-time balancing market is expected to decrease wholesale electricity costs, increase price…

Read more

La Plata Electric Association joins contract buyout lawsuit in Adams County

By Patrick Armijo Education, business & real estate reporter, Jan. 24, 2021 1:30 PM La Plata Electric Association has joined a civil lawsuit initially filed by United Power of Brighton claiming Tri-State Generation and Transmission broke Colorado law by adding three nonutility members so it would become federally regulated. Read more

Read more

Weak oil and gas markets forcing mergers and bankruptcies among shale operators

Weak oil and gas markets forcing mergers and bankruptcies among shale operators

Energize Weekly, November 4, 2020 After weak third quarter in 2020 for oil and gas industry mergers and acquisition, one of the worst in 10 years, the fourth quarter opened with a string of big deals – a sign that the sector remains under pressure to consolidate, according to analysts.…

Read more

Oil and gas merger activity rebounds in Q2 2019 as Occidental-Anadarko deal dominates

Oil and gas merger activity rebounds in Q2 2019 as Occidental-Anadarko deal dominates

Energize Weekly, July 10, 2019 Oil and gas industry merger and acquisition (M&A) activity in the second quarter of 2019 saw a rebound from the first quarter’s historic lows reaching $65 billion for the period, according to DrillingInfo, an industry consultant and data analyst. The quarter was dominated by the…

Read more

U.S. oil production seen as a moderating force in coping with oil market price volatility

U.S. oil production seen as a moderating force in coping with oil market price volatility

Energize Weekly, May 29, 2019 As costs come down for producing oil from shale plays, U.S. production appears to be playing a larger role in anchoring long-term oil prices, according to a Federal Reserve Bank of Dallas analysis. The combination of shorter lead times between drilling and production and the…

Read more

By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. more information

By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them. We use cookies during the registration process and to remember member settings.

Close