(Oil Price)– The U.S. Department of Energy has authorized the exchange of up to 1 million barrels from the Strategic Petroleum Reserve (SPR) to ease the crude shortage at Exxon’s refinery in Baton Rouge, Louisiana, after quality issues with the Mars crude grade emerged last week. DOE has authorized an exchange from the SPR with ExxonMobil Corporation “to address logistical challenges impacting
World Oil The U.S. Department of Energy (DOE) filed a notice of intent to fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs – H2Hubs – across America, the DOE said in a press release on Monday. H2Hubs will create networks of hydrogen producers, consumers, and local connective infrastructure to accelerate the use of hydrogen
The DOE granted Australia’s Liquefied Natural Gas Limited (ASX:LNG) (OTCMKTS:LNGLY) authorization for Magnolia LNG LLC to expand its export capacity to 8.8 million tonnes per annum (mtpa) of LNG to countries that have free trade agreements (FTA) with the United States. This approval provides an 0.8 mtpa increase from the DOE’s initial FTA approval orders above the DOE’s initial approval
Michael J. Ruffatto, promoter of the never-built Two Elk project near Gillette, pleaded guilty to federal criminal fraud charges From WyoFile PITTSBURGH — A federal judge sentenced Two Elk power plant promoter Michael J. Ruffatto to 18 months in prison and three years’ probation for stealing $5.7 million from a 2009-2010 Department of Energy stimulus grant for a study of
The Senate Committee on Energy and Natural Resources advanced four nominees to the Senate floor on Tuesday. The following nominees will move forward to Senate confirmation: David Bernhardt to be Deputy Secretary of the Interior, by a vote of 14-9 Dan Brouillette to be Deputy Secretary of Energy, by a vote of 17-6 Neil Chatterjee to be a Member of the
QER Calls for Modernizing the Nation’s NatGas Transmission and Distribution Systems On April 21, the administration released the first installment of its first Quadrennial Energy Review (QER), described as the first-ever comprehensive study of the nation’s energy infrastructure, which identifies the threats, risks, and opportunities for U.S. energy and climate security, with the goal of enabling the federal government to
Republican Sen. John Hoeven of North Dakota is holding back his legislation to fast-track the Energy Department’s reviews of LNG exports for now, reports E&E News. Hoeven said he made this decision after talking to Department of Energy (DOE) head Ernest Moniz in order to garner more support for the bill before it goes to the Senate. The bill would
Yesterday, the Department of Energy (DOE) announced that it will allow LNG Development Co. (ticker: LLC) to export LNG from a terminal in Warrenton, Oregon, to countries without a Free Trade Agreement. The terminal is the first of its kind to be approved on the West Coast. The terminal is still subject to environmental review and final regulatory approval from
NATURAL GAS INVENTORY (Week Ended 4/5/13) Current: 1,673 Bcf Actual Injection/(Withdrawal): (14) Bcf Economist Average Estimate: (16) Bcf Previous: 1,687 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Fracking Doesn’t Cause Significant Earthquakes, Study Says – Bloomberg Hydraulic fracturing used to access oil and gas from rock and shale hasn’t caused “significant” earthquakes, according to a
