Kinder Morgan is holding preliminary discussions with shippers for a second natural gas pipeline in the Permian Basin, which, together with its Gulf Coast Express pipeline set to enter service in October 2019, should help relieve the region's gas transportation bottlenecks. Kinder Morgan is also considering expanding its existing infrastructure, such as the El Paso Natural Gas Pipeline.
Walmart said it will double its renewable energy usage in the US with new power purchase agreements with wind farms owned by Geronimo Energy and Engie, and plans to add 130 on-site solar installations. The company, which aims to source 50% of its global electricity needs from renewables by 2025, said the wind agreements would offset almost all of the power used by its Walmart stores, Sam's Clubs and distribution centers in seven states.
The best listeners appreciate the other person's perspective and realize new possibilities could result from each exchange, writes C. Otto Scharmer of the Presencing Institute. "You listen with openness to what is unknown and emerging," he writes.
Three liquefied natural gas tankers transited the expanded Panama Canal in a single day for the first time ever, a sign that LNG tanker traffic through the waterway is gradually increasing. A total of 134 vessels hauling LNG crossed the Panama Canal this fiscal year through March.
Oil and natural gas companies, particularly operators and service firms, are showing an increased interest in applying artificial intelligence to their operations to help them become more efficient, says Philippe Herve, vice president of oil and gas solutions at SparkCognition. One key application of AI is its ability to use data from energy operations to usher in a new era of maintenance prognostics that allows firms to predict and prevent failures, Herve says.
Houston-based Linn Energy unveiled plans to abandon its current name and split into two companies -- Riviera Resources and Roan Resources -- later this year, having previously spun off its Berry Petroleum subsidiary. Riviera will be led by David Rottino and hold Linn's oil and natural gas assets in East Texas, Louisiana, Midwest and Mid-continent, while Tony Maranto will serve as CEO of Roan, which will oversee Linn's primary assets in Oklahoma.
Lawrence Berkeley National Laboratory, the American Wind Energy Association, US Geological Survey and other partners have launched a database that will track and map the nation's wind turbines. "Wind power's rapid growth as part of the diverse US electricity mix can be seen and better understood with this wind turbine data set," said AWEA Senior Director of Research and Analytics John Hensley.
Oklahoma was one of four states to source at least 30% of its electricity needs from wind in 2017, during which it increased its installed wind capacity 850 megawatts, or nearly 13%, according to the American Wind Energy Association. Wind Coalition Oklahoma Director Mark Yates touted the state's impressive wind assets and corresponding ability to attract Fortune 500 companies.
Wells Fargo will invest $200 billion in renewables and clean energy projects between now and 2030, said President and CEO Tim Sloan. To date, the company has invested $6 billion in US wind and solar projects.
E.ON held a ceremony celebrating the launch of its 76-turbine, 228-megawatt Bruenning's Breeze Wind Farm in Willacy County, Texas, on Thursday, making its 22nd wind farm built nationwide. "We're very happy to continue our relationship with Willacy County and excited by the continued community support from the surrounding south Texas area," said Chief Operating Officer North America Silvia Ortin.
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