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BP Sets Out to Be Carbon Neutral by 2050
February 13, 2020
Oil giant BP on Wednesday announced its intention to be carbon neutral by 2050. “The world’s carbon budget is finite and running out fast; we need a rapid transition to net zero. We all want energy that is reliable and
BLM Wyoming Proposes to Offer 135 Parcels in June 2020 Oil and Gas Lease Sale
February 13, 2020
The Bureau of Land Management Wyoming said a proposal to offer 135 parcels totaling about 169,751 acres for oil and gas leasing in June 2020. Today kicks off a 30-day public comment period on the proposed lease sale, which will
NextDecade’s Rio Grande LNG Receives Non-FTA Export Authorization from U.S. DOE
February 12, 2020
NextDecade Corporation said that the U.S. Department of Energy (DOE) has issued an order granting authorization to export liquefied natural gas (LNG) from its Rio Grande LNG facility to non-free trade agreement (non-FTA) countries. In combination with a free trade
Seven Generations Energy and Quebec’s Énergir Join EO100 Standard for Responsible Energy Development
February 12, 2020
Seven Generations Energy Ltd. (7G) and Québec’s main natural gas distributor, Énergir, have entered into a responsible natural gas supply agreement governed by the EO100™ Standard for Responsible Energy Development. Globally, this is the first transaction executed under the EO100™
New Fortress Energy Signs Long-Term LNG Supply Agreement
February 12, 2020
New Fortress Energy has signed a long-term supply agreement for the purchase of 27.5 million MMBtu per annum of liquefied natural gas (LNG), or approximately 8 cargoes a year, at a price indexed to Henry Hub through January 2030. This
DOE, Homeland Security, DOD Partner on New Energy Sector Pathfinder Initiative
February 12, 2020
The U.S. Department of Energy (DOE), U.S. Department of Homeland Security (DHS), and U.S. Department of Defense (DoD) jointly signed a memorandum of understanding (MOU) to partner on a new Energy Sector Pathfinder initiative. The goals of this initiative are
Hunt Oil Seeks Latest Fortune in Permian Basin
February 11, 2020
Founded in in 1934, Hunt Oil Co. drilled its first oil wells in the Piney Woods of East Texas, and over the decades it developed projects around the globe. Closer to home, the independent and privately held Dallas oil company
Trump Proposes Selling Oil from Strategic Reserve to Fund Budget Plan
February 11, 2020
President Donald Trump has proposed selling 15 million barrels of oil from the U.S. emergency stockpile as part of his fiscal 2021 budget plan. The proposal, which requires approval from Congress, would use the proceeds of the sale to fund
Department of Energy Grant Powers Research on Natural-Gas Vehicle Storage Tanks
February 11, 2020
The United States possesses large reserves of natural gas, like Pennsylvania’s Marcellus Shale, but the fuel powers few of the country’s vehicles, due partly to storage limitations. Penn State researchers seek to overcome that hurdle by creating a less expensive
Smart Grid Provider GridBeyond Opens Office in Houston, Texas
February 11, 2020
Distributed Energy Resource Management – a leading European smart grid platform provider — opened its first U.S. office in Houston. The subsidiary, called GridBeyond, will focus energy markets throughout the United States, starting with the Electricity Reliability Council of Texas
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