South Carolina lawmakers pass power grid protections after attacks March 20, 2023 South Carolina lawmakers are working to make sure electrical substations are better protected months after a substation shooting knocked out power for more than 34,000 people in North Carolina. Last week, South Carolina senators unanimously passed two bills — one creates a punishment…
Biden Budget Proposes Elimination of Oil, Gas Tax Subsidies March 14, 2023 U.S. President Joe Biden’s 2024 budget proposes to eliminate tax subsidies for oil and gas, a White House fact sheet has revealed. “The president is committed to ending tens of billions of dollars of federal tax subsidies for oil and gas companies,” the…
Texas lawmakers propose bills moving away from renewable energy in attempt to shore up power grid March 9, 2023 Some Texas senators unveiled plans Thursday to shift the focus away from wind and solar and toward resources like natural gas. It was part of nine bills Texas lawmakers announced aimed at shoring up the state’s…
Oil And Gas Firms Failed To Cut Back On Flaring In 2022 March 3, 2023 Despite bold promises from several oil and gas firms, many failed to reduce their natural gas flaring in 2022. With increasing pressure from environmental organisations and governments to reduce carbon emissions, will 2023 be any better? The International Energy Agency…
U.S. drillers cut the most oil and gas rigs in a month since June 2020 – Baker Hughes February 27, 2023 U.S. energy firms in February cut the most oil and natural gas rigs in a month since June 2020, with the gas rig count falling to the lowest since April, energy services firm Baker…
December weather led to 13% decline in North Dakota oil and gas production 02-16-23 North Dakota oil production fell 13% in December and fell below 1 million barrels per day for only the fourth month since early 2017. The sharp drop, however, was expected after the state was hit by bad weather in December. A…
Attacks On The U.S. Power Grid Are Surging Feb 21, 2023 The number of attacks with gunfire or vandalism on the U.S. power grid infrastructure surged last year and is likely to continue rising this year, too, a confidential analysis seen by The Wall Street Journal has shown. Last year, the number of physical attacks…
U.S. shale oil and natgas output set to rise to record highs in March -EIA February 13, 2023 U.S. crude oil and natural gas production from the seven biggest shale basins is expected to rise to record highs in March, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on Monday.…
Hydrogen is supplementing natural gas, but critics remain wary FEB 6, 2023 A public utility is experimenting with blending small amounts of carbon-free hydrogen into natural gas lines in some Minnesota homes, but critics argue the procedure remains largely an exercise in hot air. As first reported last week by Energy News Network, the Midwest’s…
FBI says Baltimore County woman plotted to ‘shoot up’ BGE electric substations February 6, 2023 A Baltimore County woman has been arrested on charges for allegedly plotting to destroy electric substations in the Baltimore region, federal authorities said during a press conference on Monday. Sarah Beth Clendaniel was recorded detailing her plan to use firearms…
FERC Directs NERC to Tighten Bulk Electric System Cybersecurity January 26, 2023 On January 19, 2023, the Federal Energy Regulatory Commission issued a Final Rule directing the North American Electric Reliability Corporation to file for FERC review new or modified Reliability Standards that require internal network security monitoring (INSM) within trusted Critical Infrastructure Protection (CIP)…
Number of oil and gas mergers and acquisitions hits a 17-year low in Q4 of 2022 Energize Weekly, February 1, 2023 The volume of oil and gas sector mergers and acquisitions fell to a 17-year low in the last quarter of 2022 as deal value for the quarter declined 13 percent year-over-year to $13 billion,…
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