Tuesday, September 26, 2023
Murkowski to EIA: prioritize oil storage data as early warning system for shut-in production
In a letter to the U.S. Energy Information Administration (EIA) this week, U.S. Sen. Lisa Murkowski (R-AK) voiced concerns over the nation’s energy system resilience and pressed for the publication of timely data on oil storage capacity as a warning indicator. Policymakers need up to date data ... Read More »
TC Energy plows forward with Keystone XL Pipeline plans
Construction will proceed as planned on the 1,210-mile Keystone XL Pipeline, according to TC Energy Corporation -- a prospect the company says could bring around $8 billion into the North American economy. Years of protests and political flip flops caused ongoing delays, the largest of which came... Read More »
Florida Power & Light to reduce rates by 25 percent in May
Florida Power & Light Company will drop rates by 25 percent in May for the typical residential customer bill as a result of lower fuel costs. FPL and other electric providers in the state traditionally refund any fuel savings to customers over many months. However, due to the financial challenges... Read More »
Energy Department to offer $22M carbon capture research
The U.S. Department of Energy (DOE) announced plans to provide up to $22 million for research to capture carbon dioxide directly from ambient air. The initiative encompasses two funding announcements—one issued by the DOE’s Office of Science (SC) and the other by the DOE’s Office of Fossil... Read More »
Energy Transfer assumes control, presses forward with Lake Charles LNG project
With Shell’s decision to pull out of the Lake Charles LNG export project in Texas, its business partner, Energy Transfer LP, has decided to take over as project developer and to restructure the project to meet current market conditions. Shell announced last week that it would not proceed with a... Read More »
