The Nebraska Public Service Commission on Monday voted to allow the construction of the $8 billion Keystone XL pipeline, which is expected to create more than 42,000 jobs and generate $2 billion in economic benefits. TransCanada has yet to make a final investment decision on the project, but analysts say the pipeline will eventually see the light of day.
Oil companies are using new water-management practices and technologies for hydraulic-fracturing operations, especially in the Permian Basin. TETRA Technologies offers companies an infrastructure layout that includes freshwater storage and treatment technologies for water and oil separation, blending and other processes.
Pennsylvania's House of Representatives is considering a bill that would introduce a volume tax on Marcellus Shale natural gas production. The House discussed amendments Monday, with debate expected to carry over into today.
SCANA and Santee Cooper have until Dec. 31 to decide whether to maintain the partially constructed reactors and equipment at the V.C. Summer nuclear power plant in South Carolina in case they can find a buyer or abandon the site. There are tax implications at stake, and those are complicated by proposed tax changes at the federal level.
PJM Interconnection, a grid operator, has proposed a market reform plan in which coal and nuclear power plants are able to set energy prices. This change would need to be approved by the Federal Energy Regulatory Commission, which is also considering a Department of Energy proposal to reward nuclear and coal power for their reliability.
The Jordan Research and Training Reactor, Jordan's first nuclear reactor, was designed for nuclear industry research and training staff as the country works toward constructing nuclear reactors by 2025. "It will help cultivate a nuclear culture," said Samer Kahook, manager of the research reactor.
Diversey unveiled new branding since splitting from Sealed Air and will now focus on cleaning, sanitation and maintenance products, systems and services, said President and CEO Ilham Kadri. The firm was purchased by Bain Capital for $3.2 billion in September.
- Page 1