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Natural gas power plant breaks ground in La Porte

Natural gas power plant breaks ground in La Porte

Construction began on a one-of-a-kind natural gas power plant Wednesday in La Porte, Texas. The 50-megawatt demonstration project is unique in that it produces zero emissions. New technology will send carbon dioxide it creates into a sequestration pipeline. The carbon emissions can then be stored for industrial use or enhanced oil recovery. Net Power is developing the plant, which will connect to ...

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EIA forecasts short-term energy output

EIA forecasts short-term energy output

The U.S. Energy Information Administration released its short-term energy outlook Tuesday. The report forecasts oil and natural gas production for the next two years. North Sea Brent crude oil prices averaged $32 per barrel, a $1 increase from January prices. Brent crude prices are predicted to average $34 in 2016 and $40 in 2017. The forecast reflects higher –than-expected oil ...

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ESAI: Libyan production will not recover

Libyan oil, desert

Intelligence Briefing Libya is the latest front in the West’s campaign against the self‐proclaimed Islamic State (also known as ISIS or ISIL). The recent U.S. air strikes, press reports of the French aircraft carrier moving to waters off of Libya, and the quickly rumored and just as quickly knocked‐down discussion of Italian troops going to Libya has only highlighted the ...

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10 oil and gas company headquarters from around the world

The Petronas Towers in Kuala Lumpur, Malaysia, are one of the most iconic O&G company headquarters from around the world. (Image: Clark & Kim Kays via Flickr)

Superman has his Fortress of Solitude. Batman has his Bat Cave. Although they aren’t superheroes, oil and gas industry leaders do require their own, unique and often innovative space to navigate the sometimes turbulent global marketplace. Take a trip across the globe with our list below — the 10 most visually striking oil and gas company headquarters from around the world. 1. ...

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Southern Power acquires Texas solar facility

Southern Power acquires Texas solar facility

Southern Power made another investment in West Texas solar energy. The company, a subsidiary of Southern Company, announced its acquisition of the East Pecos Solar Facility project from Arizona-based First Solar on Monday. The facility has 120 megawatts of power capacity and will begin commercial operation in the fourth quarter of 2016. Both companies declined to reveal details of the acquisition. “Southern ...

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Famous oil gushers around the world

Oil gushers are icons of early energy exploration. Once a common sight at the turn of the century, gushers have faded into history. Though they could be a spectacular sight, gushers were dangerous and wasteful. Uncapped wells produced large amounts of oil, often times shooting hundreds of feet into the air. One spark could ignite the oil, creating a column of ...

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