Baytown, TX

The Guardian

The oil major’s net zero plans have made it a sector leader but have yet to win over investors while fossil fuels are booming

BP has scaled back its green energy plans – don’t be surprised if it happens again | Nils Pratley

In this article, we will take a look at the Country That Imports the Most Natural Gas in the World. We have also compiled a full free list of the 20 Countries that Import the Most Natural Gas in the World. Natural Gas: A Key Player in the Global Energy...

The Country that Imports the Most Natural Gas in the World

New boss Murray Auchincloss reverses move away from fossil fuels, which had weighed on company’s share price

BP imposes hiring freeze and halts new offshore wind projects

New York City, NY

Equinor has marked a significant milestone in its Empire Wind 1 offshore wind project with the delivery of the first steel plates to Sif's Maasvlakte facility. These plates will be crucial for the fabrication of 54 monopiles and transition pieces intended for the 810MW offshore wind farm set to energize New York.

Equinor Advances Empire Wind 1 Offshore Project with Key Steel Deliveries

Texas State

(WO) – Mitsui & Co., Ltd., through its U.S. based subsidiary Mitsui E&P USA LLC ("MEPUSA") has completed the acquisition of an unconventional natural gas asset in Texas from U.S. oil and gas E&P companies Sabana, LLC and Vanna, LLC. The shale asset (named Tatonka, approx. 46,500 acre) is...

Japan's Mitsui & Co. acquires Texas shale assets as U.S. natural gas demand rises

-- Data centers and electric vehicles are expected to add 290 TWh of new electricity demand in the US by 2030. -- Renewable energy sources, such as solar and wind power, are projected to meet the rising power demand while displacing coal in the generation mix. -- Federal policies and import tariffs aim to rejuvenate US manufacturing, leading to increased industrial power consumption. Total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010, but as electrification accelerates, that’s about to change. The build-out of data centers and more widespread adoption of electric vehicles (EVs) is expected to ramp up electricity demand in the US in the coming years, with Rystad Energy’s research predicting these two sectors alone will add 290 TWh of new demand by 2030.

AI and EV Boom To Add 290 TWh of New Electricity Demand in the U.S.

The US Gulf Coast is probably the only place in the world where two men with virtually no experience running an energy business could upend a vast industry while becoming billionaires in the process. Little more than a decade ago, ex-banker Mike Sabel and lawyer Bob Pender were driving across...

Banker-lawyer duo make billions from audacious natural gas bet

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

Crude Oil Deficits Expected to Grow; Economy Sends Bearish Signals. Concerns of crude oil shortage in second half of 2024. Middle East conflicts could expand to the north of Israel. Natural gas futures are flat, despite warm weather. Sincerely. Al Levine, Chair. Powerhouse. (202) 333-5380. The Matrix. June has been...

Weekly Energy Market Situation—June 24, 2024

Chicago Happenings

What is more summery than an icy, sweet frozen drink? If the heat wave is getting to you, try whipping up this simple frozen strawberry lemonade. All you need is your choice of lemonade and some frozen strawberries. You can use store-bought lemonade, make your own from scratch, or a powdered version. As for strawberries, frozen ones are the easiest choice. If you'd rather use fresh, add at least two cups of ice until you reach a nice, frozen consistency.

2-Ingredient Frozen Strawberry Lemonade: Beat the Heat!

Norwegian state-owned utility Statkraft AS has announced plans to proceed with the construction of a 47 MWp solar park with battery storage in Saxony-Anhalt, Germany. Named Zerbst, the hybrid complex is slated for completion by the end of 2025, making it the largest of its kind in the country. Located...

Statkraft to Construct Germany’s Largest Hybrid Solar-Storage Park in Saxony-Anhalt

Houston, TX

JWN - Free Report) is set to open a Nordstrom Rack store in Houston in spring 2025. The upcoming 30,000-square-foot store will be located in the Westchase Shopping Center, a prominent retail destination featuring major retailers, such as Whole Foods and Target. Managed by Kimco Realty, the shopping center is...

Nordstrom (JWN) Prepares to Open a Rack Store in Houston

Gas use in eastern Australia has been declining over the past 10 years, particularly for electricity generation, and this trend is likely to continue. About 80% of eastern Australia’s gas supply is used for exports, backed by proven and probable (2P) reserves, reducing the need for new gas supplies.

Gas supply warning clouds the reality

Virginia State

Margaret Minnicks

Many new laws become effective in Virginia on July 1, 2024. However, a law has always existed in Virginia, but some residents might not be aware of it. According to WSET, leaving grass clippings and other debris on Virginia roads is illegal.

It is illegal to leave grass clippings and other debris on roads in Virginia

Plug Power has struggled to scale up its business over the past two decades. Nikola is still trying to ramp up its production of electric semitrailer trucks. One of these beaten-down stocks has a better shot at a recovery. Which of these struggling hydrogen-driven companies is a better buy right...

Better Hydrogen Stock: Plug Power vs. Nikola

Sign up for our popular daily email to catch all the latest EV news!. Walmart Canada introduces its first hydrogen fuel cell electric semi-truck, marking a significant step towards a 100% alternatively-powered fleet. The truck, operational in Mississauga, Ontario, is part of Walmart’s commitment to sustainability and reducing carbon emissions.

Walmart Canada Embraces Hydrogen Trucks

By 2034, the world will have developed carbon capture capacity of 440 millions tonnes per annum (Mtpa) while storage capacity will reach 664 Mtpa, requiring $196 billion in total investment, global energy data and analytics provider Wood Mackenzie has predicted. In a report titled “CCUS: 10-year market forecast”, WoodMac projects...

$200B In Carbon Capture Investment Needed Over Next 10 Years

I’m publisher of The Energy Mix, an e-digest and online archive on energy, climate, and the shift to a post-carbon economy. Also president of Smarter Shift, an Ottawa-based firm that specializes... How could it possibly make sense that an industry that extracted more than 100 million barrels per day...

Coming Soon: It’s Game Over for Big Oil

Eneos Renewable Energy Corp (ERE) of Japan has announced a partnership with WAKO Group and ALL Asset Partners to develop 49 MW of high-voltage solar power plants across the Chugoku and Shikoku regions. Under Japan's bulk scheme, a total of 88 power plants will be constructed simultaneously to ensure substantial...

Eneos Renewable Energy Partners for 49 MW Solar Projects in Japan

TIME

Canada's multi-billion dollar loan program is giving industry and indigenous groups big wins

Want More Clean Energy Projects? Give Communities a Stake

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NewsBreak

ExxonMobil (XOM), Air Liquide Partner for Texas Hydrogen Project

XOM - Free Report) , the U.S. energy major, has partnered with French industrial gas supplier Air Liquide, in a significant step toward reducing carbon emissions....

ExxonMobil (XOM), Air Liquide Partner for Texas Hydrogen Project

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