Texas
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Geothermal energy is bidding to emerge from its dark horse status in Texas and become a possible solution of choice for some renewable applications.
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Wind projects take center stage around the world, while Canada finalizes a geothermal energy project. In Finland, construction begins on the country’s first industrial-scale green hydrogen facility.
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State of Energy report also sees a widening role for natural gas due to robust global LNG demand.
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NextDecade pushes the final investment decision on project to the first quarter of 2023.
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Texas Railroad Commission Chairman Wayne Christian cheered the state government’s push against environmental, social, and governance investing “extremists.”
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The $25 million is an initial grant from the recent Bipartisan Infrastructure Law passed last November.
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A recent survey by the Dallas Fed indicates significant improvement in oil and gas companies’ outlooks, tempered by high levels of uncertainty in oil prices, ongoing supply-chain limitations, and workforce shortages. Small operators outpace large operators in expected increases in production.
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The two companies will explore carbon capture solutions of various sizes over an initial 9-month evaluation period.
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Regulatory uncertainty continues to hamper Canadian provinces in competition for hydrocarbon investment.
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A recent survey presented by the Dallas Fed offers hints to why production in Texas and neighboring states has not seen a boost from rising prices. One big problem? Workers.