Union

Diversification to include renewable energy development can help the oil and gas (O&G) industry while boosting the goals of various European Union (EU) policymakers, according to a report from the U.S.-based consulting firm Frost & Sullivan (F&S). It said “one of the most attractive areas” of diversification for O&G is offshore wind projects.

Diversification to include renewable energy development can help the oil and gas (O&G) industry while boosting the goals of various European Union (EU) policymakers, according to a report from the U.S.-based consulting firm Frost & Sullivan (F&S). It said “one of the most attractive areas” of diversification for O&G is offshore wind projects.

In his first State of the Union address last Wednesday night, President Obama called on Congress to pass a jobs bill with an energy component, financial reform, and comprehensive energy and climate change legislation in that order.

In his first State of the Union address Wednesday night, President Obama called on Congress to pass a jobs bill with an energy component, financial reform, and comprehensive energy and climate change legislation in that order.

In his first State of the Union address Wednesday night, President Obama called on Congress to pass a jobs bill with an energy component, financial reform, and comprehensive energy and climate change legislation in that order.

Albuquerque, NM-based PNM Resources Inc. announced Wednesday it had reached agreement with New Mexico Attorney General Gary King and union workers regarding the company’s pending $620 million sale of its natural gas utility operations in the state. The agreement comes a month after PNM’s broader sales agreement with Texas-based Continental Energy Systems LLC was narrowed to only include the natural gas assets.

Panhandle Eastern Pipe Line, a Southern Union subsidiary, has asked FERC for the green light to place the remaining segment of its Tuscola East Replacement Project in service by early June.

While there are still many regulatory and technology hurdles, the seeming inevitable union of clean coal carbon capture and storage in the power industry with carbon dioxide-hungry enhanced oil recovery (EOR) seems more likely to take place in the current world of $100/bbl oil and a push to lessen the future impact of global climate change. Ultimately how and how much value is placed on carbon dioxide (CO2) will have a lot to say about the impending marriage.

On the heels of his State of the Union address, President Bush last Wednesday issued an executive order that seeks to “strengthen the environmental, energy and transportation management” of the federal government.