FirstEnergy Solutions says it intends to close its last coal-fired power plants in Pennsylvania and Ohio in 2021-2022, although those decisions could be reversed if the Ohio-based company were to get a federal bailout via the Trump administration, Kallanish Energy reports. The bankrupt company is closing all of its coal-fired and nuclear power plants in … Read more
An Australian company intends to develop a $700 million mine to supply coal for steelmaking in southwestern Alberta, Kallanish Energy reports. The plans of Riversdale Resources and subsidiary, Benga Mining Ltd., are under review by federal and Alberta regulators. On Aug. 16, federal and state regulators formed a joint three-member panel to review the coal … Read more
Texas is flaring a record amount of natural gas, according to a new report. The volume of natural gas being flared has grown sharply in the Permian Basin in West Texas and New Mexico, according to a 17-page report by Austin, Texas-based drillinginfo, an industry research firm, Kallanish Energy reports. It estimated the volume of … Read more
Ohio energy users saved more than $40.2 billion from 2006 to 2016, thanks to lower natural gas prices, according to a new report from the Texas-based Consumer Energy Alliance. Residential users saved almost $15 billion, while commercial and industrial users saved $25.3 billion, Kallanish Energy has learned. The report looked at how … Read more
Exelon Generation and Holtec International have an agreement under which Holtec will purchase Oyster Creek Generating Station, a nuclear power plant (NPP) located in New Jersey. You have reached your allocation of free articles this week. Don’t despair you can keep reading the news. Subscribe or start your free trial to read the rest of … Read more
Shell and Chevron are the first oil and gas industry players granted waivers from President Trump’s 25% tariff on steel imports, after the administration agreed the specialty steel they were importing isn’t manufactured in the U.S. The U.S. Commerce Department approved tariff exclusions for 2,760 tons of steel casing and production tubing Shell said it … Read more
The federal government last week delayed a decision on a proposal to allow oil and gas drilling near Great Sand Dunes National Park in southern Colorado, saying it first wants to consult with the Navajo Nation, which owns land in the area. The Bureau of Land Management had planned to sell drilling … Read more
The number of rigs working onshore in the Lower 48 U.S. states during the week ended June 29, fell for the third consecutive week, data from oilfield services firm Baker Hughes, a GE company, reveals. Last week, the number of working rigs dropped to 1,016, down seven rigs from one week earlier. … Read more
Black Hills Energy, of Rapid City, S.D., is preparing to build a 35-mile, $54 million natural gas pipeline in Converse County, east-central Wyoming. The Natural Bridge Pipeline will begin at the Wyoming Interstate Co. compressor station interconnect in east Douglas, Wyo. From there, it will track west, terminating at Black Hills Energy’s facilities … Read more
Strong global growth prospects, rising exports, increased manufacturing, balanced inventories, healthy demand, and sufficient, inexpensive shale gas combined suggest positive growth this year for the U.S. chemical industry, the American Chemistry Council’s mid-year outlook states. “The U.S. chemical industry continues to enjoy a competitive advantage from robust supplies of shale gas and … Read more
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