Pioneering GE F-Class Hydrogen-Capable Gas Power Plant Begins Operations in Australia

Pioneering GE F-Class Hydrogen-Capable Gas Power Plant Begins Operations in Australia February 19, 2024 EnergyAustralia has begun operations at the 320-MW Tallawarra B gas-fired power station in New South Wales (NSW)—Australia’s first peaking power plant capable of operating on a natural gas and hydrogen fuel blend. The project’s start on…

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Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023

Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023

Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023 Energize Weekly, February 7, 2024 Global investments in the energy transition from fossil fuels to clean tech climbed 17 percent in 2023 to a record $1.8 trillion, according to a study by the energy research…

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U.S. Oil Drillers Are Going Electric—and Hitting Speed Bumps

U.S. Oil Drillers Are Going Electric—and Hitting Speed Bumps January 29, 2024 In the country’s busiest oil field, frackers are devouring nearly as much electricity as four Seattles every day—and they are clamoring for more. Diamondback Energy, a major producer in the Permian Basin of West Texas and New Mexico,…

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Lawmakers propose to keep Utah running on coal and natural gas

Lawmakers propose to keep Utah running on coal and natural gas Jan 29, 2024 Republicans on Capitol Hill are working to keep coal and natural gas in Utah’s future. There’s a bumper sticker making its way around the Capitol this year. It reads simply, “powered by coal.” Rep. Colin Jack,…

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Record M&A in the fourth quarter of 2023 is driven by ExxonMobil and Chevron deals

Record M&A in the fourth quarter of 2023 is driven by ExxonMobil and Chevron deals

Record M&A in the fourth quarter of 2023 is driven by ExxonMobil and Chevron deals Energize Weekly, January 31, 2024 Upstream oil and gas mergers and acquisitions hit a record $144 billion in the fourth quarter of 2023 driven by two mega-deals – ExxonMobil’s $65 billion acquisition of Pioneer Natural…

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Chesapeake to become top US natural gas producer with $7.4 billion deal for Southwestern

Chesapeake to become top US natural gas producer with $7.4 billion deal for Southwestern January 11, 2024 Chesapeake Energy (CHK.O), agreed to buy smaller rival Southwestern Energy (SWN.N), in an all-stock transaction valued at $7.4 billion, a deal that will make it the largest independent U.S. natural gas producer. The…

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PJM Urges Delayed Retirement of 840-MW Fossil Fuel Power Plant, Citing Reliability Impacts

PJM Urges Delayed Retirement of 840-MW Fossil Fuel Power Plant, Citing Reliability Impacts January 10, 2024 PJM has urged Talen Energy to delay its deactivation of two of four units at the 840-MW coal, oil, and gas–fired Herbert A. Wagner Generating Station in Maryland until transmission upgrades are put into…

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Solar generation continues expand rapidly on the U.S. grid while coal continues its decline

Solar generation continues expand rapidly on the U.S. grid while coal continues its decline

Solar generation continues expand rapidly on the U.S. grid while coal continues its decline Energize Weekly, January 17, 2024 Solar and coal-fired electricity generation are continuing to head in opposite directions over the next two years with solar being the leading source of new generation and coal activity falling to…

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Energy Department has cyber threats to infrastructure in mind with $70 million funding offer

Energy Department has cyber threats to infrastructure in mind with $70 million funding offer JANUARY 5, 2024 The Department of Energy is offering $70 million in funds toward research and development for technology that would protect delivery infrastructure against cyber-related threats and other physical hazards, part of what a senior…

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Coordination of Texas electric and natural gas sectors key in dealing with blackouts

Coordination of Texas electric and natural gas sectors key in dealing with blackouts

Coordination of Texas electric and natural gas sectors key in dealing with blackouts Energize Weekly, January 10, 2024 Better coordination between the Texas electric and natural gas industries is key to getting individual generating facilities up and running – a so-called blackstart – after a cold-weather blackout, according to a…

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New Mexico officials propose regulations for reuse of fracking wastewater

New Mexico officials propose regulations for reuse of fracking wastewater December 29, 2023 New Mexico environmental officials have proposed a new regulatory framework for reusing wastewater with a focus on the used, salty byproducts of oil and natural gas drilling in a major U.S. production zone. The Environment Department announced…

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Hawaii completes assessment of Oahu energy system and critical infrastructure

Hawaii completes assessment of Oahu energy system and critical infrastructure December 29, 2023 The Hawaii State Energy Office (HSEO) recently concluded work on an initiative called the O‘ahu Energy System and Critical Infrastructure Vulnerability and Resiliency Assessment. The assessment involved a comprehensive hazard and risk assessment of O’ahu’s critical energy…

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FBI: Play ransomware gang has attacked 300 orgs since 2022

FBI: Play ransomware gang has attacked 300 orgs since 2022 December 18th, 2023 The ransomware gang behind several devastating attacks on major American cities has allegedly launched more than 300 successful incidents since June 2022, according to cybersecurity officials in the United States and Australia. The FBI joined the Cybersecurity…

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Major oil companies atop a cash-flow wave reduce debt, increase shareholder payouts

Major oil companies atop a cash-flow wave reduce debt, increase shareholder payouts

Major oil companies atop a cash-flow wave reduce debt, increase shareholder payouts Energize Weekly, December 20, 2023 The world’s five largest oil companies, riding a wave of high energy prices, pulled in $613 billion in cash flow between January 2021 and September 2023, which they used to reduce debt and…

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Feds propose 20-year ban on mining, oil and gas drilling on 225,000 acres in Thompson Divide

Feds propose 20-year ban on mining, oil and gas drilling on 225,000 acres in Thompson Divide Dec 12, 2023 The Forest Service and Bureau of Land Management plan to remove 224,713 acres from possible mining or oil and gas drilling for the next 20 years would seem worthy of an…

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Dominion regulator recommends rejection of utility’s long-term plan

Dominion regulator recommends rejection of utility’s long-term plan DECEMBER 12, 2023 A utility regulator with the State Corporation Commission is recommending the body reject Dominion Energy’s most recent long-term plan because of its inclusion of new natural gas plants. In her Friday recommendation, which will now go to the three-member…

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Williams increases DJ basin gas gathering, processing assets through closed deals

Williams increases DJ basin gas gathering, processing assets through closed deals Nov. 30, 2023 Williams, Tulsa, Okla., closed two transactions that now position the company as the third largest gatherer in the Denver-Julesburg (DJ) basin, the company said in a release Nov. 30. The acquisitions have a combined value of…

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Eversource announces new discount rate to begin Friday in Connecticut

Eversource announces new discount rate to begin Friday in Connecticut Nov 30, 2023 Eversource’s new discount rate for low-income households in Connecticut will start Friday, according to an announcement Thursday from the energy company. The rate is for customers defined as having “financial hardship.” Depending on a household’s income, the…

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IEA takes aim at oil and gas sector at COP28, industry offers an agreement to cut methane

IEA takes aim at oil and gas sector at COP28, industry offers an agreement to cut methane

IEA takes aim at oil and gas sector at COP28, industry offers an agreement to cut methane Energize Weekly, December 6, 2023 As the climate conference – COP28 – opened in Dubai, the International Energy Agency (IEA) fired a shot across the bow of the oil industry with an analysis…

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Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny

Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny November 23, 2023 Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four traders told Reuters and shipping…

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NYISO says “peaker plants” should remain open longer than expected to meet demand

NYISO says “peaker plants” should remain open longer than expected to meet demand November 28, 2023 In its Short-Term Reliability Process Report, the New York Independent System Operator (NYISO) said plants scheduled for retirement in May of 2025 may have to stay in service longer temporarily to keep the grid…

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NARUC establishes new gas-electric working group to tackle grid-related reliability

NARUC establishes new gas-electric working group to tackle grid-related reliability November 28, 2023 At its annual meeting and education conference last week, the National Association of Regulatory Utility Commissioners (NARUC) launched a new 15-month gas electric working group to improve reliability for both the gas and electric industries. “The safety…

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Clean energy jobs growth worldwide surpasses fossil-fuel sector jobs which saw a decline

Clean energy jobs growth worldwide surpasses fossil-fuel sector jobs which saw a decline

Clean energy jobs growth worldwide surpasses fossil-fuel sector jobs which saw a decline Energize Weekly, November 29, 2023 Clean energy employment is growing more rapidly than fossil-fuel jobs across the globe and accounted for the majority of the 67 million jobs in the energy sector in 2022, according to an…

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Giant batteries drain economics of gas power plants

Giant batteries drain economics of gas power plants November 21, 2023 Giant batteries that ensure stable power supply by offsetting intermittent renewable supplies are becoming cheap enough to make developers abandon scores of projects for gas-fired generation world-wide. The long-term economics of gas-fired plants, used in Europe and some parts…

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PG&E bills to soar next year after regulators approve 13% rate increase Thursday

PG&E bills to soar next year after regulators approve 13% rate increase Thursday Nov 16, 2023 Monthly bills for Pacific Gas and Electric Co. customers will climb even higher next year after California regulators on Thursday unanimously approved allowing the utility giant to increase its rates for electricity and natural…

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Global LNG market stable for this winter, but there will be more volatility down the road

Global LNG market stable for this winter, but there will be more volatility down the road

Global LNG market stable for this winter, but there will be more volatility down the road Energize Weekly, November 22, 2023 Ample gas inventories in the U.S. and Europe and increased liquified natural gas (LNG) export and import capacity will likely meet global needs this winter, but growing demand over…

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Georgia Power says economic growth reason for updated plan to generate more electricity

Georgia Power says economic growth reason for updated plan to generate more electricity Nov. 13, 2023 Georgia Power recently filed an updated Integrated Resource Plan with the Georgia Public Service Commission, citing the need to support recent economic growth. But an environmental group opposed a portion of the proposed update…

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Fossil-fuel producing countries set to blow past climate targets for oil, natural gas, and coal

Fossil-fuel producing countries set to blow past climate targets for oil, natural gas, and coal

Fossil-fuel producing countries set to blow past climate targets for oil, natural gas, and coal Energize Weekly, November 15, 2023 Fossil-fuel producing countries are set to turn out double the amount of coal, oil, and natural gas between now and 2050 needed to keep the increase in global warming to…

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Dominion plans large liquified natural gas facility in Person County near Rougemont

Dominion plans large liquified natural gas facility in Person County near Rougemont NOVEMBER 3, 2023 Dominion Energy, the main corporate actor behind the defunct Atlantic Coast Pipeline, plans to build the Moriah Energy Center, two 25-million-gallon liquified natural gas facilities on 485 acres in southeastern Person County, about two miles…

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AI threats are here. Are Biden and the energy industry ready?

AI threats are here. Are Biden and the energy industry ready? 10/30/2023 The White House launched a new strategy Monday to protect American privacy — and critical infrastructure like the electric grid — from artificial intelligence gone wrong. But as AI creeps into the energy sector, experts say much more…

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News From the Oil Patch: U.S. sets all-time crude production record

News From the Oil Patch: U.S. sets all-time crude production record Oct 16, 2023 U.S. operators set an all-time record for crude oil production last week. According to the Energy Information Administration, domestic output averaged 13,218,000 barrels per day last week. That’s the best weekly tally ever, 140,000 barrels per…

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Exxon’s blockbuster Pioneer merger needs Biden’s blessing

Exxon’s blockbuster Pioneer merger needs Biden’s blessing Oct 8, 2023 Exxon Mobil Corp. needs approval from the Biden administration before it can take over independent oil and gas producer Pioneer Natural Resources Co. in what would be the world’s biggest deal this year. That might not be such an easy…

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The problem with making green hydrogen to fuel power plants

The problem with making green hydrogen to fuel power plants 10 October 2023 Today, utility Florida Power & Light will begin operations at its Cavendish NextGen Hydrogen Hub, one of the country’s first green hydrogen facilities. The 25-megawatt project will use solar power to split water into oxygen and hydrogen…

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Ameren wants to build two gas power plants. Critics call them ‘a big concern.’

Ameren wants to build two gas power plants. Critics call them ‘a big concern.’ Sep 27, 2023 Regional electric utility Ameren said Tuesday that it aims to build two natural gas power plants over the next decade, a revelation that appears to conflict with corporate goals to slash carbon emissions…

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