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BOEM’s Gulf of Mexico Lease Sale Yields More than $93 Million
March 24, 2020
The US Bureau of Ocean Energy Management (BOEM), an agency within the US Department of the Interior (DOI), has announced the region-wide Gulf of Mexico Lease Sale 254 generated more than $93m in high bids. A total of 22 companies
Old Dominion Commissions Wildcat Point Gas Power Plant, Maryland
March 24, 2020
A new natural gas-powered electric plant called Wildcat Point in Maryland is now fully operational and producing energy for the neighboring state of Delaware. The facility is owned and operated by Old Dominion Electric Cooperative (ODEC) as well as partial
U.S. Senate Considers Legislation to Advance Carbon Capture Technology
March 24, 2020
A bipartisan energy bill introduced by two Republicans and two Democrats is now before the U.S. Senate. The LEADING – Launching Energy Advancement and Development through Innovations for Natural Gas – Act, introduced by Sens. John Cornyn, R-Texas, Bill Cassidy,
Pembina Pipeline’s Jordan Cove LNG Project Secures FERC Approval, Oregon
March 23, 2020
Canada-based Pembina Pipeline has received approval from the US Federal Energy Regulatory Commission (FERC) for its Jordan Cove liquefied natural gas (LNG) project in Oregon, US. The project involves a 7.8 million tonnes per annum (Mtpa) LNG export terminal and
Four New Gas Pipeline Projects in New England Will Add Needed Capacity
March 23, 2020
Several natural gas pipeline projects, either planned or underway in New England, are expected to increase deliverability into the region, according to the U.S. Energy Administration. EIA reports that four natural gas pipeline upgrade projects in the region will add
U.S. to Send Special Energy Envoy to Saudi Arabia to Stabilize Oil Prices
March 23, 2020
The Trump administration plans to send a special energy envoy to Saudi Arabia to work with the kingdom on stabilizing the global oil market, officials said on Friday, as the U.S. scrambles to deal with a price crash so deep
ConocoPhillips Responds to Recent Oil Market Downturn
March 20, 2020
ConocoPhillips said it is taking several actions in response to the recent oil market downturn. “Our industry is clearly experiencing an unprecedented event brought about by simultaneous supply and demand shocks. The actions we are now taking reflect an acknowledgement
Exelon and Its Family of Companies Donate More than $1 Million for Coronavirus Response and Relief
March 20, 2020
Exelon Corporation and its family of companies will donate more than $1.15 million to national and local relief organizations to support communities impacted by the spread of the coronavirus. “We are committed to helping support impacted communities, especially those where
Imperial Well-positioned to Weather Market Challenges
March 20, 2020
Over its long history, Imperial has faced numerous periods of low global crude oil prices. In the current challenging market environment caused by the COVID-19 pandemic and commodity price decreases, the company continues to demonstrate its long-standing commitment to financial
USD Partners Affirms Terminals Remain Fully Operational and Reaffirms Customer Profile
March 20, 2020
USD Partners has taken measures in response to the novel coronavirus/COVID-19 outbreak, and said that all of its terminals remain and are expected to remain fully operational. Measures being taken by the Partnership and its service providers include full sanitizing
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