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

Arctic Drilling Plan in Alaska Hits Roadblock

February 25, 2021

Plans for seismic surveys to help find oil in the Arctic National Wildlife Refuge have fizzled due to a lack of protection for polar bears, according to a brief statement Saturday from the Department of the Interior. The Kaktovik Inupiat

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LNG Platform Company WaveCrest Energy Formed to Deliver Natural Gas to Underserved Markets

February 24, 2021

Macquarie Capital has launched WaveCrest Energy, a platform that will develop, construct, own, and operate liquefied natural gas regasification, power and downstream infrastructure assets. WaveCrest delivers end-to-end project solutions — from early-stage development through project financing, construction and commercial operation

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NRG Energy Provides Initial $10 Million in Relief for Texas Communities

February 24, 2021

NRG Energy has made an initial $10 million commitment to provide relief for Texans impacted by the unprecedented effects of Winter Storm Uri. The company will provide $10 million in relief resources comprised of $3 million in cash donations and

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B&W Thermal Awarded $13 Million in New Contracts as North American Market Strengthens

February 24, 2021

Babcock & Wilcox’s B&W Thermal segment has booked new construction service projects in North America valued at approximately $13 million as the market strengthens and projects continue to restart following delays in 2020. The projects include services for a range

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Court Rejects Latest Effort to Stop Mountain Valley Pipeline in Virginia

February 23, 2021

An appellate court has declined to stop work on the Mountain Valley Pipeline, dealing the latest blow to arguments that there is no public need for the natural gas that is to be transported by the line. The U.S. Circuit

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David Callahan: Natural Gas is a Cornerstone for Climate, Economic Progress

February 23, 2021

Growing up in Pennsylvania’s northern tier, the son of parents who proudly worked for the local natural gas utility, energy was always a topic of conversation. Today, as it was back in ’70s — a decade when energy scarcity made

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Texas Oil Refiners Will Take Weeks to Recover, Boosting Gasoline Prices

February 23, 2021

Texas oil refineries shut by cold-weather disruptions may take several weeks to resume normal operations, industry experts said on Friday, helping to push up fuel prices. About a fifth of oil processing was halted by power outages, shortages of natural

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Pa. Governor Wolf’s Economic Recovery Plan Includes Tax Increase for Natural Gas Industry

February 23, 2021

Governor Tom Wolf laid out his plan to get Pennsylvanians back to work post-pandemic, but not everybody shares his vision. He laid out his Back to Work PA plan, a plan that would invest $3 billion into workforce development. It

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Biden’s Drilling Ban Devastates New Mexico While Boosting America’s Competitors

February 22, 2021

Of all the states that will be most impacted by President Biden’s decision to halt new oil and gas drilling on federal lands and waters, New Mexico may the one with the most to lose. That’s because at least half

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Two Senators Flip-Flop on Keystone XL Pipeline, Thwarting GOP Bid to Save It

February 22, 2021

Two Democratic senators — Sens. Joe Manchin of West Virginia and Jon Tester of Montana — who initially voted in favor of a Republican amendment reversing President Joe Biden’s cancellation of the Keystone XL pipeline later reversed themselves and voted

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