Morgan Evans

Commonwealth Edison Co. (ComEd) has filed to raise monthly electricity rates by about $4.25 for the average monthly residential electricity bill annually from 2024-2027 as it strengthens the grid and prepares for increased electrification.  The Chicago-based Exelon Corp. subsidiary noted that its electricity utility customers currently see an average bill of $93/month, about 20% lower…

The American Petroleum Institute (API) has put permitting reform at the top of the ticket for U.S. lawmakers to address in 2023 as the agency executes its plan to “make, move and improve” the oil and gas industry.  “In the past year, the global energy crisis, driven by surging post-pandemic demand outstripping supply and exacerbated…

U.S. electricity consumption is forecast to decline this year and only marginally increase in 2024, but natural gas consumption gains may be seen amid rising industrial demand. Regulatory action also could be stymied, according to industry advocates. The American Gas Association (AGA) pointed out the positives on Thursday. Incoming Chair Suzanne Sitherwood, who is CEO…

With a partnership in place between Bakken Energy LLC and Berkshire Hathaway Inc.’s BNSF Railway, the U.S. railway industry could see a boost from natural gas-derived hydrogen as plans for a hub progress. In June 2021, Mitsubishi Power Americas Inc. inked a deal with Bakken Energy to develop a regional hydrogen hub (H2Hub) in North…

California Resources Corp. (CRC) kicked off 2023 with an agreement to sequester carbon dioxide (CO2) from Grannus LLC’s blue ammonia and hydrogen project. The Carbon Dioxide Management Agreement (CDMA) by CRC subsidiary Carbon Terravault Holdings LLC (CTV) stipulates that it would provide infield transportation to offtake CO2 produced from the Grannus project. The project is…

The U.S. Environmental Protection Agency (EPA) and Department of the Army have issued a proposed redefinition of the Waters of the United States (WOTUS) under Section 401 of the Clean Water Act (CWA) in a move that has the potential to affect natural gas infrastructure projects.  Before closing off 2022, the EPA and Army in…

Chevron Corp. subsidiary Chevron U.S.A. Inc. has finalized the takeover of Beyond 6 LLC and its 55 compressed natural gas (CNG) fueling stations from independent energy commodity group Mercuria Energy Trading.   San Ramon, CA-based Chevron initially said it also would be adding to its U.S. renewable natural gas (RNG) business with a long-term supply agreement…

Milestone Environmental Services LLC has expanded its energy waste sequestration and cleanup efforts in the northern Delaware formation of the Permian Basin, with the opening of its first New Mexico-based liquid oilfield waste facility.  “American oil and gas is critical to powering the nation and the world, and Milestone is committed to cleaning up energy…

Minerals firm Sitio Royalties Corp. closed the books on a successful merger with Brigham Minerals Inc., combining “two of the largest public companies in the mineral and royalty sector,” the companies said. The $4.8 billion all-stock transaction has added 15,000 boe/d of oil-weighted pro forma production to Denver-based Sitio’s portfolio, which now stands at about…