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NEWS Click on text to read news by category: General | Product | People | Worldwide

NERC Argues for Greater Coordination and Review of Emergency Response Plans Nationwide

April 6, 2020

In its GridEx V after-action report, released this week, the North American Electric Reliability Corporation (NERC) recommended that all utilities and reliability coordinators review their emergency response plans and push collaboration with governments, with an eye on grid security. The

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Industry Veterans Form New Company Tatanka Midstream, Secures an Initial $500 Million from EnCap

April 3, 2020

Industry Veterans have formed a new company, Tatanka Midstream, with an initial capital commitment of $500 million from EnCap Flatrock Midstream. Tatanka is an independent energy company focused on acquiring and building midstream assets in North America. Tatanka’s goal is

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ExxonMobil Joins With Global Center to Expedite Medical Innovation for Personal Protective Equipment

April 3, 2020

ExxonMobil and the Global Center for Medical Innovation (GCMI) said that they have initiated multi-sector and joint development projects to rapidly redesign and manufacture reusable personal protection equipment for health care workers, such as face shields and masks, which are

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Keystone XL Pipeline Gets Go-ahead After Alberta Government Financing Intervention

April 2, 2020

Construction of the Keystone XL pipeline has been given a long-awaited go-ahead, following a surprise financial intervention by the government of Alberta, Canada. The project — which will carry up to 830,000 barrels of oil per day (bpd) from Canada

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Gemma Power Systems Enters Into EPC Contract to Construct Brooke County Power Plant, W. Va.

April 2, 2020

Argan announced that in late February 2020 its wholly owned subsidiary, Gemma Power Systems, entered into an engineering, procurement and construction (EPC) services contract with ESC Brooke County Power I to construct Brooke County Power, a 920 MW natural gas-fired

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TransAlta Acquires Cogeneration Plant in Michigan for $27 Million

April 2, 2020

Canadian electricity utility TransAlta has acquired a 29MW cogeneration facility in Michigan from two private companies for nearly $27 million. The deal marks the company’s first cogeneration project in the US. The contracted cogeneration asset includes a single GE LM2500

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Entergy Louisiana Starts Operations at Lake Charles Power Station, Louisiana

April 2, 2020

US-based integrated energy company Entergy Louisiana said that its 994MW Lake Charles power station in Louisiana has commenced commercial operations. Located in the Westlake region of Calcasieu Parish, the power station is a natural gas-fired, combined-cycle power plant. According to

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PBF Energy to Divest Five Hydrogen Production Plants for $530 Million

April 2, 2020

US-based refiner PBF Energy has signed a letter of intent with Air Products and Chemicals to sell five of its hydrogen steam methane reformer (SMR) hydrogen production plants for $530 million in cash. In addition to the sale, the company

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Utah’s GOP Congress Submit Letter to Interior Dept. for Royalty Payment Reduction

April 2, 2020

Utah’s Republican members of Congress are joining their Western colleagues in asking the Interior Department to waive or reduce federal royalty payments on oil, gas and coal production on federal lands because they argue the coronavirus outbreak is hurting the

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Energy Transfer to Take Over as Project Developer for Lake Charles LNG Project, Louisiana

April 1, 2020

Energy Transfer said that it will take over development of the Lake Charles LNG export project following Shell’s decision to not proceed with an equity investment in the project. Shell advised Energy Transfer that its decision was made in light

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