energy industry News

Hidden Menace: Massive Methane Leaks Speed Up Climate Change

To the naked eye, the Mako Compressor Station outside the dusty West Texas crossroads of Lenorah appears unremarkable, similar to tens of thousands of oil and gas operations scattered throughout the oil-rich Permian Basin. What’s not visible through the chain-link …

U.S. Power Companies Face Supply-Chain Crisis This Summer

U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events such as storms, wildfires and drought …

Floods, Outages Stall Oil Companies’ Efforts to Restart After Hurricane Ida

Widespread flooding from Hurricane Ida and power outages slowed efforts on Tuesday by energy firms to assess damages at oil production facilities, ports and refineries. Nearly all of Louisiana lost electrical power on Monday after one of the most powerful …

Ida’s Economic Impact Could Spread Far Beyond Gulf Coast

Hurricane Ida, with its high winds, floods and intense storm surge, not only will likely damage the energy-heavy Gulf Coast economy, its economic consequences could extend well beyond the region. The Gulf is not only a major base for oil …

Startup Raises $60M to Flag Infrastructure Damage, Injuries Before They Happen

Startup Urbint, which promises its software can identify utility and telecommunications industry failures, damages, and worker injuries before they happen, has raised $60 million. Urbint CEO and founder Corey Capasso said the funding is timely, hitting as Congress contemplates massive …

How U.S. Plans to Protect Power Grid From Foreign Hackers

The White House unveiled on Tuesday a 100-day plan intended to protect the U.S. power grid from cyber-attacks, mainly by creating a stronger relationship between U.S. national security agencies and the mostly private utilities that run the electrical system. The …

150 Years of Spills: Philadelphia Refinery Cleanup Reveals Toxic Legacy of Fossil Fuels

Wearing blue hard hats, white hazmat suits and respirator masks, workers carted away bags of debris on a recent morning from a sprawling and now-defunct oil refinery once operated by Philadelphia Energy Solutions (PES). Other laborers ripped asbestos from the …

Texas Oil/Gas Drilling Permits Down But Well Inspections on Track

The Texas state agency for regulating the oil and gas industry says it issued the number of original drilling permits issued in December 2020 was down nearly by half compared with December 2019. However, the Railroad Commission of Texas also …

Hurricane Laura Expected to Slam Energy Coast; On Track for $5-12B in Losses

Hurricane Laura is poised to strengthen rapidly and come ashore along the Texas-Louisiana coast as a tree-snapping Category 3 storm, forcing residents to flee their homes despite the threat of Covid-19. Laura’s winds will likely peak at 115 miles (185 …

Millions of Abandoned Oil and Gas Wells Pose Environmental, Health Risks

In May 2012, Hanson and Michael Rowe noticed an overpowering smell, like rotten eggs, seeping from an abandoned gas well on their land in Kentucky. The fumes made the retired couple feel nauseous, dizzy, and short of breath. Regulators responding …