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HomeUS Energy News

US Energy News

Illinois
CCUS

Navigator CO2 pipeline is canceled, but Illinois opponents say the fight isn’t over

October 23, 2023 Mariel Alumit

​ The company Navigator CO2 announced on Oct. 20 it is nixing plans for a 1,300-mile pipeline to take carbon dioxide from ethanol plants across five states to be sequestered in Illinois. While Illinois residents […]

Ohio
Electrical Generation / Utilities

As nuclear fuel plant opens in Ohio, can small reactors compete?

October 23, 2023 Mariel Alumit

​ As an Ohio uranium enrichment plant opened this month, yet another study questioned whether nuclear power from small modular reactors can compete with other types of electricity generation. Centrus Energy’s new plant in Piketon […]

Price
EIA News

Venezuela’s heavy crude oil output increases are limited following U.S. sanctions relief

October 23, 2023 Mariel Alumit

October 23, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) effectively lifted most U.S. sanctions on Venezuela’s energy sector on […]

Exploration and Production

Devon Energy considering U.S. shale M&A options with Marathon Oil, CrownRock

October 22, 2023 Mariel Alumit

World Oil (Bloomberg) – Devon Energy Corp., an Oklahoma City-based oil and gas company, is studying major acquisition targets as it seeks to gain scale in U.S. shale, according to people familiar with the matter. […]

Crude Oil News

The next phase of the U.S. shale revolution

October 22, 2023 Mariel Alumit

Oil Price Mergers in the U.S. shale patch have continued through the course of 2023 as companies jockey for assets that will fill in gaps in their acreage base. Two key basins have been the […]

Crude Oil News

Senator Manchin slams Venezuelan oil, gas sanction relief, calls for boost in domestic production

October 22, 2023 Mariel Alumit

World Oil (Bloomberg) – Senator Joe Manchin condemned the Biden administration’s decision to lift sanctions against Venezuela’s oil and gas sector, arguing the U.S. should instead turn to domestic crude production to fill any shortfall. Source: World […]

Crude Oil News

US seeks to buy 6 million barrels for oil reserve by January

October 22, 2023 Mariel Alumit

Nasdaq The U.S. Department of Energy said on Thursday it hopes to buy six million barrels of crude oil for delivery to the Strategic Petroleum Reserve in December and January, as it continues its plan […]

Texas Natural Gas -
Crude Oil News

Texas’ Oil and Gas Industry Climbing to Record Highs as it Fills Gap for U.S., Europe

October 22, 2023 Mariel Alumit

From wellhead to export terminal, Texas’ oil and gas industry is buzzing to new heights, continuing its resurgence after the COVID-19 pandemic’s economic ebb. Last month, Texas set a new barrel-per-day (mb/d) production record of […]

Navigator CO2 Ventures Cancels 1,300-Mile Carbon Pipeline Project in U.S. Midwest
Carbon Capture

Navigator CO2 Ventures Cancels 1,300-Mile Carbon Pipeline Project in U.S. Midwest

October 22, 2023 Mariel Alumit

(Reuters) — Navigator CO2 Ventures has canceled its Heartland Greenway pipeline project aimed at capturing 15 million metric tons of carbon dioxide annually from Midwest ethanol plants and storing it permanently underground, the company said, citing “unpredictable” […]

Energy Transition

Bidenomics at Work: ‘Green’ Hydrogen Is a Very Expensive Waste of Money

October 21, 2023 Mariel Alumit

Making green hydrogen suffers from the very problem it is supposed to cure. The part-time, weather dependent, unreliability of wind and solar energy. Hydrogen storage is supposed to function as a sort of battery at […]

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