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Oil industry groups release sustainability reporting guidance

Published on April 02, 2020 by Dave Kovaleski

Leading oil industry associations have released the latest edition of the Sustainability Reporting Guidance for the Oil and Gas industry report. This is the fourth edition of the report, which is produced by IPIECA (International Petroleum Industry Environmental Conservation Association), the Am... Read More »

Murkowski to EIA: prioritize oil storage data as early warning system for shut-in production

Published on April 02, 2020 by Chris Galford

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

Published on April 02, 2020 by Chris Galford

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

Published on April 01, 2020 by Dave Kovaleski

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

Published on April 01, 2020 by Dave Kovaleski

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

Published on April 01, 2020 by Chris Galford

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 »

Utility customers targeted by scammers looking to capitalize on COVID-19 pandemic

Published on April 01, 2020 by Chris Galford

Indiana Michigan Power (I&M), along with other utilities throughout the country, has warned customers to be wary of continuing scams looking to snag account information, personal credit card, and banking information, or even debit cards, during the COVID-19 pandemic. Various customers and compani... Read More »
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