Following recent reports that the Biden Administration’s federal moratorium on new liquified natural gas (LNG) export plants is prohibiting Ukraine from purchasing American LNG, Railroad Commissioner Wayne Christian slammed the administration’s policy and called on the president to rescind the ban. “This politically motivated ban is doing more than simply costing America economic activity—it’s jeopardizing our European […]
OPW Divides Business Units
OPW, a Dover company involved in the development of fluid-handling solutions, announced June 3 that its Clean Energy Solutions business unit will be divided into two distinct business units: the existing Clean Energy Solutions (CES) unit, which will feature technologies from both the ACME Cryogenics and RegO Products brands and focus on the cryogenics, hydrogen, […]
BLM Completes Sale of Federal Helium System
The Bureau of Land Management on June 27 closed on the sale of the Federal Helium System, fulfilling one of BLM’s primary responsibilities under the Helium Stewardship Act of 2013. BLM will continue working with the new owner, Messer, during a 45-day hand-off period to support a smooth transition from federal to private ownership. The Helium […]
Industry Group Applauds Court Halt of LNG Pause
A federal court on July 2 sided with 16 states to lift the Administration’s pause on new permit approvals for LNG exports. Judge James Cain of the Western District of Louisiana ruled that the DOE has failed to justify why it needed to pause approvals to review the process by which it permits projects. Energy […]
Manufacturer Completes Alloy Tubulars Facility
Corrosion Resistant Alloys (CRA), a “just-in-time” manufacturer of corrosion-resistant alloy tubulars, announced the completion of construction at its state-of-the-art manufacturing facility in Brenham, Texas. The newly completed facility is designed to expand manufacturing capabilities and capacity, streamline processes, and respond to the dynamic needs of the industry and energy sectors. CRA states that this facility […]
RRC Expands Info in O&G Monitoring Plan
Texas Railroad Commissioners have approved the agency’s Fiscal Year 2025 Oil and Gas Monitoring and Enforcement Plan, which includes added information to provide the public further insight on the agency’s work to protect the environment and Texans. The annual plans define the RRC’s strategic priorities for monitoring oil and gas activities and enforcing regulations across […]
New Method Pioneered for Completions Data Transfer
Intelligent Wellhead Systems, a provider of automation and digitalization solutions to the oil and gas industry, along with ProFrac, a provider of hydraulic fracturing services, announced on July 2 what they describe as successful field tests utilizing MQTT (Message Queuing Telemetry Transport) protocol for the safe and efficient transfer and visualization of wellsite data during hydraulic fracturing operations. Working […]
AI and the Future of Energy
Artificial Intelligence (AI) is the next big thing in energy, dominating discussions at all levels in companies, banks, investment funds, and governments. Just as the internet and mobile communications led to higher global economic growth by boosting trade and productivity, AI and advanced computing capability are expected to deliver transformative change. Besides a shot in […]
Remainder of 2024 Unlikely to Hold Wild Price Moves
The first half of 2024 has been riddled with geopolitical tension that’s made for a wild ride with crude oil prices. With West Texas Intermediate (WTI) prices ranging from $70 per barrel in January to as high as near $87 per barrel in mid-April, many are left wondering if this ride will continue through the […]
A Question of Fixed Versus Floating Interest
The Texas Supreme Court recently requested full briefing in a petition for review from the Eighth Court of Appeals in El Paso, titled Clifton, et al. v. Johnson, et al. The petition for review requests that the Supreme Court reverse the appellate court’s judgment and render judgment for the Appellants. The issue at hand involves […]
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