PG&E to Pay $45 Million for Second-Largest California Fire October 9, 2023 PG&E Corp. will pay a $45 million penalty for its role in starting the second-largest wildfire in California history under a settlement proposal issued by state regulators. The California utility giant agreed to the shareholder-funded penalty proposed by the California Public Utility Commission’s…
Favorable economics, the need for new reserves boost global oil exploration investments Energize Weekly, October 3, 2023 Global oil and gas exploration and production investments are set for a big rebound, according to energy analysts Wood Mackenzie and Rystad Energy. While not reaching the levels of the 2006-to-2014 boom years, budgets are recovering with estimated…
Appeals Court Blocks Biden Bid to Limit Oil Drilling Auction September 25, 2023 A federal court left in place an order forcing the Biden administration to expand an upcoming sale of offshore drilling rights in the Gulf of Mexico, while giving the government more time to hold the auction. The decision by the Fifth Circuit…
US natgas futures steady on healthy demand, lower supply Sept 25 U.S. natural gas futures steadied on Monday and consolidated gains from the previous session, buoyed by healthy demand and slightly lower output projections, even as the market transitions into the shoulder period for gas demand. Demand for power usually moderates during the shoulder period,…
Hawaiian Electric begins restoration work in Lahaina at request of Maui Emergency Operations Center September 21, 2023 Hawaiian Electric reports that replacement of poles and electrical equipment damaged in last months windstorms and wildfires in Lahaina will get underway at the request of Maui emergency management officials. This work will restore power to wastewater pumps…
Takahama No. 2 nuclear reactor restarted after 12-year halt Sep 15, 2023 Kansai Electric Power on Friday rebooted its nearly 50-year-old No. 2 reactor at the Takahama nuclear plant in Fukui Prefecture for the first time since 2011, marking the 12th unit to be restarted in the country since the Fukushima meltdowns. The restart means…
Increased U.S. natural gas production in 2023 is boosting LNG and ethane exports Energize Weekly, September 20, 2023 Record U.S. natural gas production in 2023 is leading to a record ethane production and liquified natural gas (LNG) exports, according to the federal Energy Information Administration (EIA). The EIA is forecasting 2023 dry gas production will…
Legal assault awaits Biden’s Alaska lease cancellation 09/11/2023 An Alaska corporation is already teeing up a legal battle over the Biden administration’s decision to cancel contested oil and gas leases in a massive wildlife refuge. The Interior Department announced plans last week to revoke seven leases held by the Alaska Industrial Development and Export Authority…
China-Linked Hackers Breached a Power Grid—Again SEP 12, 2023 The loose nexus of Chinese-origin cyberspies collectively called APT41 is known for carrying out some of the most brazen hacking schemes linked to China over the past decade. Its methods range from a spree of software supply chain attacks that planted malware in popular applications to…
New EPA Data Shows 27 Million Americans Receive Drinking Water Contaminated With PFAS August 30, 2023 The U.S. EPA has announced a new official estimate for per- and polyfluoroalkyl substances (PFAS) contamination in public water systems, releasing data that could shape forthcoming regulation and compensation from manufacturers. “Toxic ‘forever chemicals’ have contaminated water systems around…
California regulators OK gas storage expansion despite risks SEP 5, 2023 California regulators have approved a proposal to vastly increase natural gas storage at the site of the nation’s largest known methane leak, which sickened thousands of families and forced them from their Los Angeles homes in 2015. Despite opposition from lawmakers and nearby residents,…
PHMSA Announces Proposed Rulemaking Affecting Natural Gas Distribution Systems August 28, 2023 On Aug. 24, 2023, the U.S. Department of Transportation (DOT) Pipeline and Hazardous Materials Safety Administration (PHMSA) announced the forthcoming publication of a notice of proposed rulemaking intended to improve safety on gas distribution pipelines nationwide by improving emergency response plans, integrity management…
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