Oil and gas M&A deals down 50 percent to $14.8 billion quarter-over-quarter in Q1 2023 Energize Weekly, May 10, 2023 Oil and gas industry mergers and acquisitions (M&A) flagged in the first quarter of 2023 with a 35 percent drop in deals to 74 and the value halved to $14.8 billion compared to the last…
EPA Takes First-Ever Federal Clean Water Act Enforcement Action To Address PFAS Discharges At Washington Works Facility Near Parkersburg, W. Va. April 26, 2023 The U.S. Environmental Protection Agency has ordered the Chemours Company to take corrective measures to address pollution from per-and polyfluoroalkyl substances (PFAS) in stormwater and effluent discharges from the Washington Works…
Standard Chartered Dubs Latest USA EIA Data Highly Bullish May 02, 2023 In a new report sent to Rigzone on April 28, analysts at Standard Chartered said the latest Energy Information Administration (EIA) weekly data was “highly bullish” according to the company’s U.S. oil data bull-bear index, which they said rose 47.7 week on week…
Pa.’s natural gas production curbed by capacity limits APR 25, 2023 Pennsylvania natural gas production fell by two percentage points in 2022 as pipelines run at full capacity and future development slows. Although the state maintains its number two status nationwide — just behind Texas — industry advocates say politics disconnect northern states from a…
New FERC rule creates incentive-based rate treatment for utilities investing in cybersecurity April 24, 2023 A final rule issued by the Federal Energy Regulatory Commission (FERC) last week could encourage the adoption of cybersecurity technology and collaboration among utilities, thanks to its creation of an incentive-based rate treatment. That treatment will be available to utilities…
Support for nuclear energy highest in a decade: Gallup 04/25/23 Americans’ support for nuclear energy is at its highest point in a decade, according to a new Gallup poll. Fifty-five percent of respondents said they strongly or somewhat favor the use of nuclear energy as a method of providing electricity in the U.S., while another…
With 9 Million Lead-Based Pipelines In The U.S., EPA Requests $625 Billion April 11, 2023 As the U.S. EPA works to address one of the nation’s most pervasive drinking water contamination issues, it has released a new estimate for the number of lead-based pipelines and provided a price tag for replacing them. “The Drinking Water…
Vogtle nuclear expansion projects reach key milestones April 11, 2023 The new nuclear units under construction at Georgia Power’s Vogtle 3 & 4 nuclear expansion project near Waynesboro, Ga., reached some important milestones recently. At Vogtle Unit 3, the generator has generated electricity for the first time, and the unit has successfully synchronized and connected…
North America Drops 38 Rigs March 28, 2023 North America dropped another 38 rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on March 24. The count showed that Canada decreased its rig figures by 42 week on week, while the U.S. added four rigs week on week. Canada’s…
Southern California Edison Improves Grid Safety, Significantly Reduces Wildfire Threat March 27, 2023 Southern California Edison today submitted its 2023-25 Wildfire Mitigation Plan to California’s Office of Energy Infrastructure Safety. SCE has reduced the probability of wildfires associated with its utility equipment by 75%-80% since 2018. This is a significant improvement within a short period…
Radioactive water leaks at Minn. nuclear plant for 2nd time Mar 23, 2023 Water containing a radioactive material has leaked for a second time from a nuclear plant near Minneapolis and the plant will be shut down, but there is no danger to the public, the plant’s owner said Thursday. A leak of what was…
U.S. pipeline regulator grants over $25 million in funding to improve safety March 20, 2023 The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) on Monday announced more than $25 million in funding to improve safety nationwide after recent train derailments. These grants are targeted to train first responders, strengthen safety programs,…
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