Offshore Drilling Rigs Eyed for LNG Conversion September 24, 2021 Aberdeen-based offshore rig inspection company ADC Energy has said it has won a contract with an unnamed U.S.-based LNG company to help it identify and select offshore drilling rigs suitable for conversion for LNG operations. Read more
Oil and gas sector shows recovery in second quarter led by private companies, higher prices
Oil and gas sector shows recovery in second quarter led by private companies, higher prices Energize Weekly, September 22, 2021 The U.S. onshore oil and gas industry saw the beginnings of a rebound in the second quarter of 2021 buoyed by strong commodity prices, strategic mergers, and increased efficiency, according…
DOE to invest $10 million to reduce natural gas supply constraints, improve energy consumption
DOE to invest $10 million to reduce natural gas supply constraints, improve energy consumption September 13, 2021 A new funding opportunity announcement from the United States Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) will offer approximately $10 million in funding for cost-shared research and development projects…
Colorado consumer advocates ask utility commission to reject $130M of Xcel’s February storm surcharge
Colorado consumer advocates ask utility commission to reject $130M of Xcel’s February storm surcharge Sep 14, 2021 Xcel Energy ignored numerous weather warnings when buying natural gas and failed to switch to cheaper fuel oil during the historic deep freeze in mid-February, leaving the utility helpless as spot prices spiked…
Oil Spill in Gulf of Mexico After Ida Linked to Abandoned Pipeline
Oil Spill in Gulf of Mexico After Ida Linked to Abandoned Pipeline Sept 7, 2021 More than a week after Ida hit the Gulf of Mexico, it’s becoming increasingly clear that the hurricane made a huge mess of the oil and gas activities there. The government is investigating hundreds of reports of oil spills…
Gas Prices Unlikely To Skyrocket As Oil Companies Assess Hurricane Ida Damage
Gas Prices Unlikely To Skyrocket As Oil Companies Assess Hurricane Ida Damage August 31, 2021 Oil companies are still assessing the damage at the oil rigs, platforms and refineries that were struck by Hurricane Ida. Read more
USA Holds Largest Oil Reserves Sale in 7 Years
USA Holds Largest Oil Reserves Sale in 7 Years August 24, 2021 The U.S. is holding its largest sale of oil from strategic reserves since 2014 at a time when the outlook for fuel demand is darkening amid the resurgent Covid-19 virus. Read more
API Files Lawsuit Against Biden Administration
API Files Lawsuit Against Biden Administration August 17, 2021 The American Petroleum Institute (API) has announced that it, along with 11 other energy industry trade groups, has filed a lawsuit in the U.S. District Court for the Western District of Louisiana challenging the U.S. Department of the Interior’s (DOI’s) indefinite pause on…
Permian Gets Confidence Vote with Infrastructure Plan
Permian Gets Confidence Vote with Infrastructure Plan August 10, 2021 The region at the heart of the once-booming U.S. shale industry is signaling confidence in a nascent recovery after the pandemic crushed demand and curtailed oil and gas drilling. 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…
Houston Oil Benchmark Responds to 2020 ‘Wake-Up Call’
Houston Oil Benchmark Responds to 2020 ‘Wake-Up Call’ June 22, 2021 Magellan Midstream Partners, L.P (NYSE: MMP) and Enterprise Products Partners L.P. (NYSE: EPD) on Monday unveiled a new futures contract for the physical delivery of crude oil in the Houston area. 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 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…
Duke Energy commits to helping struggling Floridians save money, avoid disconnections
Duke Energy commits to helping struggling Floridians save money, avoid disconnections May 11, 2021 Duke Energy announced a series of steps it is taking to ensure customers who are behind on their utility bills don’t have their power cut off at a dangerous time. Read more
U.S. onshore oil and gas drilling rebounds with smaller, private operators leading the way
Energize Weekly, March 31, 2021 U.S. onshore oil and gas drilling showed signs of recovery in the fourth quarter of 2020 and the first few months of 2021 – sparked by a rebound in oil prices and strong activity among private companies, according to a Colorado School of Mines report.…
SoCalGas and LADWP Partner to Deliver 150,000 Energy and Water Efficiency Kits to Help the Environment and Save Customers Money and Energy
Dec. 22, 2020 /PRNewswire The Southern California Gas Co. (SoCalGas) and the Los Angeles Department of Water and Power (LADWP) have partnered to distribute over 150,000 free energy and water efficiency kits to residents throughout Los Angeles. Each efficiency kit is equipped with simple household devices to help conserve water and natural gas and save…
The Hartford to stop insuring and investing in coal and tar sands over climate concerns
Energize Weekly, January 8, 2020 The Hartford Financial Services Group said it will no longer insure or invest in companies mining or using coal or developing tar sands oil over concerns about risks linked to climate change. The company, based in Hartford, Conn., said it would not deal with companies…
