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Facing Texas Pushback, BlackRock Says It Backs Fossil Fuels
February 23, 2022
At the risk of being dropped from Texas pension funds, BlackRock Inc. has ramped up its message that the world’s largest asset manager is a friend of the oil and gas industries. As a large and long-term investor in fossil
U.S. Senator Blocks Biden EPA Nominees Over Carbon Capture
February 22, 2022
A Republican U.S. senator said on Wednesday he is blocking President Joe Biden’s nominees for environmental regulatory positions in a bid to win permission for his state to regulate storage of the primary gas blamed for climate change. Senator Bill
CEQ Issues New Guidance to Responsibly Develop Carbon Capture, Utilization, and Sequestration
February 22, 2022
The White House Council on Environmental Quality (CEQ) delivered new guidance to federal agencies to help ensure that the advancement of carbon capture, utilization, and sequestration (CCUS) technologies is done in a responsible manner that incorporates the input of communities
DOE Awards $5.7 Million CCUS Feed Study to GE Gas Power
February 22, 2022
GE Gas Power said the company’s front-end engineering design (FEED) study “Retrofittable Advanced Combined Cycle Integration for Flexible Decarbonized Generation” will receive $5,771,670 in federal funding from the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management
FERC Updates Policies to Guide Natural Gas Project Certifications
February 21, 2022
FERC issued two policy statements, providing guidance for future consideration of natural gas projects by the commission. In addition to providing an analytical framework for many need, environmental, and public interest issues that arise when companies seek to build new
U.S. Drillers Add Oil and Gas Rigs for Seventh Consecutive Week
February 21, 2022
U.S. energy firms last week added oil and natural gas rigs for a seventh week in a row for the first time since February 2021 after crude prices this week soared to their highest since 2014. The oil and gas
USA BioEnergy to Build $1.7 Billion Renewable Fuels Plant in East Texas
February 21, 2022
USA BioEnergy through its subsidiary, Texas Renewable Fuels (TRF), will develop an advanced biorefinery that will convert 1 million green tons of wood waste into 34 million gallons annually of premium clean burning transportation fuel including sustainable aviation fuel, renewable
As Oil Prices Soar, U.S. Drillers Scramble to Find Sand for Fracking
February 18, 2022
With crude prices at their highest levels in years, U.S. oil drillers are trying to boost output fast, but their efforts have been hit by a shortage of sand to use for fracking operations. Crude output is expected to hit
Feed to U.S. LNG Export Plants Soars as 7th Terminal Loads First Cargo
February 18, 2022
Supplies to U.S. liquefied natural gas export plants reached near record levels over the weekend as vessels docked for loading at all seven export terminals for the first time, according to Refinitiv. Venture Global received permission on Friday from federal
Crescent Energy Joins OGMP 2.0 Initiative for Methane Emissions Reporting
February 18, 2022
Crescent Energy Company joined the membership in the Oil & Gas Methane Partnership (OGMP) 2.0 Initiative to enhance the company’s reporting of methane emissions. The OGMP 2.0 framework is the leading industry standard for methane emissions reporting, allowing a company
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