Energy Transition

Phillips 66 Expanding Sustainable Feedstock Program at Sweeny Refinery on Texas Coast

Phillips 66 Expanding Sustainable Feedstock Program at Sweeny Refinery on Texas Coast

Phillips 66 has been certified to process oil made from waste plastics into feedstock at its Sweeny Refinery southwest of Houston in Brazoria County. The Houston-based company achieved an International Sustainability and Carbon Certification (ISCC) Plus for the facility in Old Ocean near the Texas coast. The global sustainability certification system covers all sustainable feedstocks,…

January 27, 2023

Correction

The headline and the lead paragraph in the story, U.S. Renewables Capacity Growing, but Natural Gas Still King, were revised. While the percentage of growth in renewables capacity is higher, natural gas remains the leading source of power for electric generators. NGI regrets the error. 

January 26, 2023
Energy-Intensive Nearshoring Industries Seen as Transformative Opportunity for Mexican Economy 

Energy-Intensive Nearshoring Industries Seen as Transformative Opportunity for Mexican Economy 

The massive opportunities presented by nearshoring were all the rage at a packed energy conference in Monterrey, Nuevo León, on Wednesday. Industry Exchange LLC’s 8th Mexico Infrastructure Projects Forum kicked off with government officials and executives expounding on the theme. Nuevo León Economy Secretary Iván Rivas said, “We will do everything to take advantage of…

January 25, 2023
Kinder Morgan’s Haynesville Natural Gas Gathering Volumes Jump 44%

Kinder Morgan’s Haynesville Natural Gas Gathering Volumes Jump 44%

Nearly a year after receiving federal approval, Kinder Morgan Inc. has sanctioned the 2 Bcf/d Evangeline Pass pipeline project that would feed Venture Global LNG Inc.’s Plaquemines LNG export facility. In a call with investors to discuss 4Q2022 earnings earlier this month, CEO Steven Kean said Kinder is moving forward with the $678 million Evangeline…

January 25, 2023
Shell Delivers First Carbon-Neutral LNG Cargo to Taiwan Under International Framework

Shell Delivers First Carbon-Neutral LNG Cargo to Taiwan Under International Framework

An affiliate of Shell plc has delivered the first emissions-neutral cargo under a framework launched last year by the International Group of LNG Importers (GIIGNL) to better standardize shipments.  GIIGNL said the pilot cargo was supplied by Chevron Corp.’s Gorgon export facility in Australia to state-owned CPC Corp. in Taiwan.  “This pilot shipment has helped…

January 24, 2023
Minnesota Lawmakers Seek Nixing Natural Gas, Oil Imports from State’s Electric Utility Supplies by 2040

Minnesota Lawmakers Seek Nixing Natural Gas, Oil Imports from State’s Electric Utility Supplies by 2040

Minnesota’s state legislature has ramped up the clean energy targets for electric utilities with a bill that would ensure utility customers would receive 100% of their energy from only carbon-free resources 10 years sooner than many utilities had initially planned. A 35-member group of Minnesota Democratic-Farmer-Labor (DFL) Party House members introduced House File (HF) 7…

January 24, 2023
Poco Nabs Top Environmental Rating for DJ Wells

Poco Nabs Top Environmental Rating for DJ Wells

Private exploration and production (E&P) operator Poco Holdco LLC received Project Canary’s highest possible environmental assessment rating for most of its Denver-Julesburg (DJ) Basin operations in Colorado.  The E&P, a branch of private energy investment and management company Providence Energy Ltd., clinched Denver-based Project Canary’s “Platinum” certification for 22 operated horizontal wells at two wellsites. …

January 23, 2023
U.S. Renewables Capacity Growing, but Natural Gas Still King

U.S. Renewables Capacity Growing, but Natural Gas Still King

While solar and wind capacity are on the rise in the United States, natural gas-fired generation remains far and away the main source of power for electric operators across the nation, according to the U.S. Energy Information Administration (EIA).*  The agency said in a recent report that 2023 may continue the trend of “one of…

January 23, 2023
New York Governor Proposes Natural Gas Ban in New Buildings Starting in Two Years

New York Governor Proposes Natural Gas Ban in New Buildings Starting in Two Years

New York Gov. Kathy Hochul (D) has proposed banning natural gas hookups in new building constructions statewide starting in 2025. During her ‘State of the State’ address on Tuesday (Jan. 10), she called for no on-site fossil fuel combustion by 2025 for smaller buildings, and by 2028 for larger buildings. This would be a more…

January 19, 2023
Chicago’s ComEd Seeking Four-Year Electricity Rate Increase to Bolster Electric Grid

Chicago’s ComEd Seeking Four-Year Electricity Rate Increase to Bolster Electric Grid

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…

January 18, 2023
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