Five states accounted for over 70 percent of the all-time high of 113.1 billion cubic feet per day (Bcf/d) of U.S. marketed natural gas production during 2023, according to an Dec. 10 report published by the U.S. Energy Information Administration. The state of Texas accounted for 28 percent of the total U.S. marketed natural gas…...
The U.S. Energy Department on Dec. 10 announced $52 million in funding for six university and industry projects to develop purpose-grown energy crops with low carbon intensity intended for biofuels like Sustainable Aviation Fuel, or SAF, and other bioproducts. These initiatives will bolster the domestic supply chain of alternative carbon sources vital for producing biofuels…...
The U.S. Energy Department on Dec. 9 announced a conditional commitment for a loan guarantee of up to $305.54 million for Nostromo Energy’s Project IceBrick, which involves thermal energy storage installations at commercial buildings in California. During its lifetime, the project could help California’s commercial buildings avoid around 500,000 tonnes of carbon emissions. Once operating…...
The U.S. Energy Information Administration issued a report on Dec. 9 discussing the ongoing challenges in California’s fuel market following the enactment of a new law granting regulators authority over petroleum inventory levels, along with the announced closure of Phillips 66’s Wilmington refinery. California Governor Gavin Newsom signed a bill into law on Oct. 14…...
