The State Department approved a construction permit for TransCanada's Keystone XL pipeline project on Friday after being first proposed in 2008. TransCanada still needs to secure approvals from states, where it might encounter legal hurdles.
The Tennessee Valley Authority shouldn't sign a power purchase agreement with Clean Line Energy Partners' 700-mile Plains and Eastern Clean Line because its unnecessary and would increase electricity costs, said Sen. Lamar Alexander, R-Tenn. Clean Line Executive Vice President Mario Hurtado said the line is actually a privately financed infrastructure project and would create jobs while reducing electricity rates.
During 2016, the US added more than 10.5 gigawatts of solar energy to the grid, and the country is on track to install an additional 8 gigawatts this year. While land west of the Rocky Mountains provided more than 77% of the country's solar power, according to the US Energy Information Administration, areas in Florida, Georgia and Minnesota are becoming more aggressive in their solar energy projects.
To promote its new line of hydrogen-fueled cars, Toyota will release a billboard campaign in California that cleans harmful nitrogen dioxide emissions from the surrounding air. The 37 Toyota Mirai billboards will stay up from April 3 through May 28 and will scrub 24,960 square feet of air.
US shale producers are leaving thousands of wells unfinished in the Permian Basin, with the number of drilled but uncompleted wells hitting a record of 1,764 in February, government data show. This suggests that rig count data is not a reliable indicator of production as many companies drill wells just because they are forced to do so to retain their leases.
Arctic oil exploration is unjustifiable and infeasible in the current price environment, especially in areas not easily accessible such as Alaska, said Goldman Sachs commodities analyst Michele Della Vigna. "Overall, the idea that we have to go into the Arctic to find new resources I think has been dispelled by the enormous cheap, easier to produce and quicker time-to-market resources in the Permian onshore US," he added.
US oil and natural gas companies doubt that President Donald Trump's energy policy will lead to much positive or negative change within the industry, a Reuters analysis of Securities and Exchange Commission reports shows. According to the filings, 13 of the 15 biggest US oil and gas producers say that the current regulatory environment is not affecting their operations or finances.
The 14-member California Air Resources Board on Thursday voted unanimously in favor of adopting new methane emissions rules that are considered the strictest in the US. The regulations establish new efficiency guidelines for natural gas transportation and production and oil-handling equipment, and also introduce tougher gas leak monitoring and reporting requirements.
The government of Canada's Saskatchewan province plans to re-evaluate its regulations and engineering standards for pipelines around water sources in the wake of a July 2016 oil spill into the North Saskatchewan River. Saskatchewan also intends to hire more oil and natural gas industry inspectors as part of its 2017/2018 budget.
Whirlpool and One Energy expect to begin erecting three 1.5-megawatt Goldwind turbines at Whirlpool's factory in Marion, Ohio, this year, according to the companies. "Whirlpool will be the No. 1 user of wind energy in the US once these projects are up and running," said One Energy General Manager Jereme Kent, referencing two other projects the duo partnered on late last year.
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