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HomeUS Energy News

US Energy News

NextDecade’s Rio Grande LNG export
Exports

Work progresses on NextDecade’s Rio Grande LNG export plant in Texas

March 25, 2024 Mariel Alumit

US LNG firm NextDecade is moving forward with construction work on the first phase of its Rio Grande LNG export terminal in Texas. In July last year, NextDecade took the final investment decision on the first three […]

Exxon Mobil
Exploration and Production

Exxon Mobil Ahead of Schedule in Doubling LNG Portfolio, Executive Says

March 25, 2024 Mariel Alumit

(Reuters) — Exxon Mobil is ahead of schedule with its plan to double the size of its LNG portfolio to 40 million tons per annum (mtpa) by 2030 and will focus on selling its own […]

North Carolina
AI

The world’s semiconductor industry hinges on a single quartz factory in North Carolina

March 25, 2024 Mariel Alumit

A Wharton professor who studies AI, innovation, and start-ups dramatically claims that “the modern economy rests on a single road in Spruce Pine, North Carolina.” Ethan Mollick explains that this unremarkable road leads to a […]

California
Energy Policy

Don’t let California politicians gaslight you. Higher gas prices are driven by deliberate policy choices.

March 25, 2024 Mariel Alumit

Gas prices in California are the highest in the nation, and the state recently announced its policies are about to drive them even higher.  A recent Los Angeles Times editorial completely misrepresented the root causes and attempted […]

Shell
Finance

Shell sells interest in U.S. offshore wind joint venture as company refocuses on oil and gas

March 25, 2024 Mariel Alumit

(WO) – Shell New Energies US LLC has sold its 50% equity share in SouthCoast Wind Energy LLC to joint venture partner Ocean Winds North America LLC. SouthCoast Wind is a 50-50 joint venture between […]

Oil and Gas Lease Sales
Political

Biden’s First Public Land Oil and Gas Lease Sales Survive Suit

March 25, 2024 Mariel Alumit

Land bureau properly analyzed climate effects of leasing Sales were held in 2022 in seven Western states The Biden administration’s first oil and gas lease sales on federal lands were upheld Friday by a federal […]

Newsom
Energy Policy

Newsom, Schwarzenegger and activists launch campaign to protect law limiting oil wells

March 25, 2024 Mariel Alumit

LOS ANGELES — Arnold Schwarzenegger and Jane Fonda joined Gov. Gavin Newsom and environmental advocates in Inglewood on Friday to launch a campaign to keep a 2022 law banning new oil and gas wells near homes, […]

Oil and Gas
Crude Oil News

USA Oil and Gas Job Figures Jump

March 25, 2024 Mariel Alumit

The U.S. oil and gas industry directly employed 2.04 million workers in 2023. That’s according to the Texas Independent Producers and Royalty Owners Association’s (TIPRO) latest state of energy report, which highlighted that this figure […]

ExxonMobil
Hydrogen

ExxonMobil partners with JERA for its low-carbon hydrogen project

March 25, 2024 Mariel Alumit

U.S. energy major ExxonMobil and its Japanese counterpart JERA have concluded a project framework agreement to jointly explore the development of a low-carbon hydrogen and ammonia production in the United States. ExxonMobil is currently developing […]

Oil and gas
Political

Oil and gas execs are unhappy with Biden — but not eager for Trump’s return

March 25, 2024 Mariel Alumit

HOUSTON — Oil and gas executives are chafing under President Joe Biden’s attempts to rein in their industry — but sweating at the thought that Donald Trump might replace him. Industry executives assembled here for […]

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