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HomeUS Energy News

US Energy News

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
CO2 & GHG

Electric power sector CO2 emissions drop as generation mix shifts from coal to natural gas

June 9, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Power Plant Operations Report Over the past 15 years, the U.S. electricity generation mix has shifted away from coal and toward natural gas and renewables, resulting in lower CO2 emissions from electricity generation. […]

Crude Oil News

ENB Podcast from Bear Country – Can the oil and gas run continue? – we talk to Enverus

June 9, 2021 Stu Turley

On the ENB Podcast from Bear Country, we have the opportunity to visit with Jessie Mercer,  Senior director of Crude Market Analytics at Enverus. We had fun and talked about the Bulls in the China […]

Finance

KKR Seeks More Shale Deals After $5.7 Billion Contango Merger

June 8, 2021 Stu Turley

KKR  & Co. is building a shale-oil acquisition vehicle with the $5.7 billion combination of two little-known explorers. The buyout firm’s Independence Energy will merge with Contango Oil & Gas Co. in an all-stock deal that will be used […]

Exploration and Production

Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger

June 8, 2021 Stu Turley

Independence Energy LLC and Contango Oil & Gas Co. agreed to combine on June 8 in an all-stock transaction set to create a consolidation machine for the upstream oil and gas industry. Independence is an upstream […]

Pipeline

Pipeline exec to face Congress as US recovers most of ransom

June 8, 2021 Stu Turley

WASHINGTON (AP) — The chief executive of the massive fuel pipeline hit by ransomware last month is expected to detail his company’s response to the cyberattack and to explain his decision to authorize a multimillion-dollar […]

Jugular' of the U.S. fuel pipeline system shuts down after cyberattack - energynewsbeat.com
Pipeline

Colonial Pipeline’s Bitcoin Ransom Mostly Recouped by U.S.

June 7, 2021 Stu Turley

The U.S. recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial Pipeline Co. last month in a sign that law enforcement is capable of pursuing online criminals even when they […]

Finance

Enbridge Announces $1.14 Billion Sale of its Financial Interest in Noverco

June 7, 2021 Stu Turley

Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today that a subsidiary of Enbridge has entered into a definitive agreement to sell its 38.9% non-operating minority ownership interest in Noverco Inc. (Noverco) to […]

Electrical Generation / Utilities

Energy secretary says enemies are capable of shutting down US power grid

June 7, 2021 Andy Del Prado

Adversaries to the US are capable of shutting down the nation’s electrical grid, Energy Secretary Jennifer Granholm admitted Sunday, saying that such cybersecurity attacks are “happening all the time.” Granholm warned of the system’s vulnerabilities — amid […]

Birds of a feather -energynewsbeat
ENB Contributor Column

Expanding Wind Power While Killing Fewer Migratory Birds Is Biden’s Quandary

June 6, 2021 Tracey Woods

President Biden has taken steps to restore criminal penalties for the accidental killing of migratory birds, a move that if adopted as expected later this year would add pressure to wind power developers who are […]

A worker repairs a power line in Austin - Bloomberg
Energy Tech

U.S. oil and gas jobs increased slightly in May as companies remain focused on debt

June 6, 2021 Stu Turley

Energy Workforce and Technology Council data on oilfield services jobs, 2019 – 2021. American energy technology and services sector employment increased by an estimated 9,707 jobs in May, according to preliminary data from the Bureau […]

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