A blend of factors that includes soaring international demand and growing...
A blend of factors that includes soaring international demand and growing domestic production is turning natural gas liquids into the next big American export, according to East Daley Analytics Vice President of Analytics Rob Wilson. As existing US Gulf Coast NGL export terminals near capacity, dock expansions planned by midstream companies will help sustain the NGL export momentum, Wilson says.
Tropical Storm Ernesto drenches northeast Caribbean and takes aim at Puerto Rico
Tropical Storm Ernesto battered the northeast Caribbean on Tuesday, taking...
Tropical Storm Ernesto battered the northeast Caribbean on Tuesday, taking aim at Puerto Rico, where officials shuttered schools and government agencies.
On Tuesday morning, the storm was located about 300 miles (480 kilometers) east-southeast of San Juan, Puerto Rico. It had maximum sustained winds of 45 mph (75 kph) and was moving west at 18 mph (30 kph).
“It’s not a hurricane, but it will bring heavy rains regardless,” Gov. Pedro Pierluisi said as he urged people to seek shelter by early Tuesday evening.
Electrical blackouts in Texas also mean the state can’t get help from neighboring states
As renewable energy growth advances across Texas and more electricity is produced by wind and solar power,...
As renewable energy growth advances across Texas and more electricity is produced by wind and solar power, the state’s power grid faces a quandary.
Texas doesn’t share its renewable electricity with other states, avoiding any federal oversight. This also means that should Texas suffer intense power outages, like those during the 2021 Winter Storm Uri, it cannot rely on neighboring states to offer electrical help.
Federal rules slowing abandoned well cleanup efforts
Federal endangered species and historic preservation regulations are stalling the cleanup of roughly...
Federal endangered species and historic preservation regulations are stalling the cleanup of roughly 880,000 abandoned wells across the US, according to officials in oil and natural gas drilling states. The pace of well-plugging has significantly decreased in places like Texas as states struggle to navigate tougher Interior Department requirements tied to each new round of federal funding.
Hindenburg allegations tank Adani stocks…again. Companies...
Hindenburg allegations tank Adani stocks…again. Companies owned by the Adani Group lost ~$2.4 billion in value yesterday after short-seller Hindenburg Research claimed the chair of India’s capital markets regulator didn’t thoroughly look into its earlier fraud allegations against the conglomerate because she had previously invested in offshore funds tied to Adani. It could have been worse for Adani: Earlier in the day, the companies were down ~$13.4 billion before making a partial comeback. At one point after Hindenburg made its initial allegations last year, the Adani Group shed $150 billion in value. Both Adani and the regulator deny any wrongdoing.
The US sent a guided-missile submarine to the Middle East as Israel braces for an attack from Iran in retaliation for Israel killing a Hamas leader on Iranian soil.
Ukraine’s military claimed to control 1,000 square kilometers (386 square miles) of Russian territory in the Kursk region in their largest foray over the border since Russian forces invaded two and a half years ago.
Angelenos felt the earth move yesterday when a 4.4-magnitude earthquake hit Southern California.
