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Marathon Gets More time to Build LNG Import Project in Alaska
2022-08-17 - Marathon Petroleum’s Trans-Foreland said it has yet to make an FID to build the project because the COVID-19 pandemic and the war in Ukraine have worsened economic and logistical conditions.
Texas Power Use to Break Records on Friday, Monday as Heatwave Lingers
2022-06-10 - The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers representing about 90% of the state's power load, has said it has enough resources available to meet demand.
Texas Power Use Hits Record for June, All-time Peaks to Come
2022-06-07 - AccuWeather forecast high temperatures in Houston, the biggest city in Texas, would rise from the low 90s F (32.2 C) early this week to 101 F on June 11.
Oil Slumps 5% on Recession Concerns, US Gasoline Price Drop
2022-06-17 - With the Fed expected to keep raising interest rates, open interest in WTI futures on the Nymex fell on June 16 to its lowest since May 2016 as investors cut back on risky assets.
FERC to Inspect Shuttered Freeport LNG Export Plant in September
2022-07-20 - Both FERC and the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration said they would not allow the Freeport LNG export facility to return to service until they approve the restart.