Ohio Gov. John Kasich on Tuesday vetoed legislation that would have expanded a sales tax exemption for oil and natural gas producers, saying it would have cost the state too much and unfairly favored the industry.
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PGE’s Updated IRP to Add NatGas, Dispatchable Generation
To provide added assurance of grid reliability in the face of ever-greater use of renewable resources, Portland General Electric (PGE) on Tuesday proposed an updated integrated resource plan (IRP) for Oregon, with more than half of added power supplies coming from natural gas-fired or other forms of dispatchable generation.
Trump ‘Clearly’ Favors E&P, Less Regulatory Oversight, Say Experts
President-elect Donald J. Trump, set to take office following a stunning upset of Hillary Clinton, is poised to sweep away renewable energy initiatives and stringent oversight launched by the Obama administration and enact an all-of-the-above energy strategy, experts said Wednesday.
BP’s Dudley Talks Supply/Demand Coming into Balance, Suggests U.S. Policymakers Engage in ‘Sensible’ Energy Reforms
The oversupply that has gripped the energy complex may be moving into balance, but the massive transition by producers continues in the age of surplus oil and natural gas, which has forced all energy companies “to quickly adapt or perish,” BP plc Group CEO Bob Dudley said Thursday.
If Denton, TX, Wants More Renewables, It Needs NatGas, Report Says
The Texas city overlying the Barnett Shale natural gas patch that once sought to ban hydraulic fracturing (fracking) will need the backup stability of gas-fired power if it wants to increase its reliance on renewable energy, according to an analysis by The Brattle Group.
Low Oil Prices Put Brakes on NatGas Truck Fleet Market, Clean Energy Exec Says
The recent ascent of renewable natural gas (RNG) in transportation is a direct antidote for the fact that low oil, diesel and gasoline prices have put a big stop sign in front of what just a couple of years ago was a growing market for natural gas in the truck fleet market, according to a senior executive with California-based Clean Energy Fuels Corp.
BP ‘Proactive’ in Mexico’s Deregulation, Promoting U.S. Model, Exec Says
Analysts are all expecting continued growth in natural gas exported to Mexico, but how Mexico chooses to deregulate will have a big influence on the opportunities created by this emerging market, according to Michael Thomas, COO of natural gas for BP Energy Co.
Clean Energy Inks Five-Year Renewable NatGas Deal With Santa Monica
Newport Beach, CA-based Clean Energy Fuels Corp. won a five-year contract to supply its renewable natural gas (RNG) product, Redeem, to the City of Santa Monica’s Big Blue Bus (BBB) system in Southern California.
Most Senior U.S. Energy Execs Not Optimistic about Higher NatGas Prices in 2016
Many energy executives expect natural gas prices to remain below $3.00/MMBtu this year while renewables are expected to continue to take more market share, according to an annual survey by KPMG Global Energy Institute.
ExxonMobil, Climate Advocates in Step, but Rejecting Fossil Fuels ‘Not Acceptable to Humanity,’ Says CEO
ExxonMobil Corp.’s directors were rebuked on Wednesday at the annual meeting when a proxy measure was overwhelmingly approved by shareholders that would allow outsiders to be nominated to the board. The measure, according to proponents, could allow a climate change activist eventually to become a director.