The US Energy Information Administration (EIA) released their Country Analysis Brief for Guyana so check it out on the EIA website.
See what happened in the Guyana
2024 Country Analysis Brief by clicking the link: International - U.S. Energy Information Administration (EIA).
Don’t forget to check out our ESC website! We are always here to help you figure out the
best way to move your liquid and reduce your emissions!
Have a nice and relaxing evening
and weekend!
Happy Friday!
The US
Energy Information Administration (EIA) released their Monthly
Reports for May 2024, all are now available from the EIA website.
See what happened in the Petroleum Supply Monthly by
clicking the link: Petroleum Supply Monthly - Energy Information Administration (eia.gov).
See how crude moved in the Monthly
U.S. Movement of Crude Oil by Rail by clicking the link: U.S. Movements of Crude Oil by Rail (eia.gov).
See what happened in the Company
Level Imports by clicking the link: Company Level Imports - U.S. Energy Information Administration (EIA).
See what happened in the Monthly Crude Oil and Natural
Gas Production by clicking the link: EIA-914 monthly production report.
See what happened in the Natural Gas Monthly by
clicking the link: Natural Gas Monthly (NGM) - Energy Information Administration - May 2024 With Data forMarch 2024 (eia.gov).
See what happened in the Monthly
Biofuels Capacity and Feedstocks Update by clicking the link: Monthly Biofuels Capacity and Feedstocks Update - U.S. Energy Information Administration (EIA).
The EIA has updated their State Energy Data System (SEDS)
for Total energy and other energy indicators through 2022: U.S. Energy Information Administration - EIA - Independent Statistics and Analysis.
Don’t forget to check out
our ESC website! We are always
here to help you out with your next project!
Happy Friday!
The U.S. Energy Information Administration (EIA) Weekly Reports for Petroleum
and Other Liquids, Gasoline and Diesel Fuel, and Natural Gas for the week ending May 31, 2024, are all now available from the EIA
website.
See what happened This Week in Petroleum by clicking the link: This Week in Petroleum - U.S. Energy Information Administration (EIA).
See what happened in the Weekly Petroleum Status Report by
clicking the link: Weekly Petroleum Status Report - U.S. Energy Information Administration (EIA).
See what happened this week in Gasoline and Diesel Fuel Update, by
clicking the link: Gasoline and Diesel Fuel Update - U.S. Energy Information Administration (EIA).
See what else happened this week
in Natural Gas Weekly Update by
clicking the link: Natural Gas Weekly Update (eia.gov).
See what happened this week in Natural
Gas Storage by clicking the link: Weekly Natural Gas Storage Report - EIA.
See what happened this week on
the Weekly Natural Gas Dashboard by clicking the link: Natural Gas Storage Dashboard (eia.gov).
We are always
here to help you out with your next project to move your liquid product or help
you look under your feet to help reduce your emissions! Connect with us through the blog email or
give us a call: 281-901-5554!
Don’t forget to follow our Blog to
hear more interesting matters which happen in and around the energy and marine industry!
Have a great and relaxing weekend! See
you next week for another week of ESC News Blog!
Happy Thursday!
Well, the Panama Canal Authority
released another announcement which is pretty big, so we thought we should let
you know! In line with their
announcements back in April, (check out Blog for details) ACP released some
good news on May 30, 2024, for those using the Panama Canal.
Did anyone happen to read gCaptain’s
Website we received a notification on May 30, 2024, their article titled, “Panama
Canal Increases Maximum Draft Ahead of Schedule”? The article speaks in regard to the Panama
Canal Authority (ACP) is loosening some restrictions ahead of schedule increasing
its maximum draft and number of vessels by June 1st or sooner. The Panama Canal’s Neopanamax locks have raised
their draft to 45 feet over two weeks early which means they are hopeful in the
amount of rain coming to the region with La Niña, and their water
reduction strategies are paying off. June
1st they are increasing the number of vessels coming through the locks
to 32 with the Neopanamax increasing by 1.
The Panamax locks increased its number of vessels which passed through
the canal in mid-May to 24 up from 17. Lakes
Gatun and Alhajuela as of May 30 are around 3/4 or 0.758-inch higher than a
year ago with the rainy season about to begin.
As
we said this is good news for the shipping industry, and it is wonderful
to hear the ACP is watching the weather and its watershed to make adjustments
in real-time for the users of this important waterway. If you would like to read more of gCaptain’s
article, please click the link: Panama Canal Increases Maximum Draft Ahead of Schedule (gcaptain.com).
We are praying for heavy rains
from La
Niña to start soon for the region, so the shipping industry to get back to normal!
If you would
like more information about these changes and to schedule, please click here
for the Panama Canal Authorities website: Home - Autoridad del Canal de Panamá (pancanal.com).
If you would
like help in looking into how to update your terminal and its docks, contact us
via email in the blog and check out our ESC's website for contact
information!
We hope you have a wonderful evening, and a great rest of
your week!
**Disclaimer: You may be charged a fee to read the gCaptain’s
article. **
The US Energy Information Administration (EIA) released their Monthly Reports for week ending May 31, 2024, they are now available on the EIA website.
See what happened in the Monthly Energy Review (MER)
by clicking the link: Total Energy Monthly Data - U.S. Energy Information Administration (EIA).
See what happened in this month in the Heating Oil and
Propane Update by clicking the link: Heating Oil and Propane Update - Energy Information Administration (eia.gov).
Don’t forget to check out
our ESC website! We are always
here to help you out with your next project to get your liquids moving or help
you figure out how to improve your emissions!
We are going to the Greater Houston Port Bureau's Connect Happy Hour, so we hope to see you there!
Have a relaxing evening!
Happy Tuesday! Welcome back to another week of ESC News Blog. We hope you had an enjoyable long weekend!
Did anyone happen to read the gCaptain Daily
Newsletter on May 23, 2024, their article titled, “USCG Approves First
Hydrogen-Powered Ferry to Operate in U.S. Waters”? The article speaks on the topic of a zero-emission
hydrogen-fueled ferry called Sea Change which was designed and built by SWITCH Maritime was approved by
the U.S. Coast Guard (USCG) San Fransisco Sector to get their Certificate of
Inspection (COI). Sea Change is
now ready to begin its service for the San Francisco Bay Area Emergency
Transportation Authority as a public ferry for a six-month demonstration period
which will begin June 2024. If the demonstration
is successful, SWITCH Maritime will expand on their offerings to bring
this zero-emission ferry to more markets and expand on their offerings for size.
Sea Change
is the first hydrogen-fueled vessel in the U.S., and it has similar capabilities
as diesel ferries. This ferry uses electric
motors which won’t need the standard shoreside charging stations. It will be able to travel about 300 nautical
miles, and able to attain speeds up to 15 knots without the emissions of diesel
vessels. Sea Change was American built
and launched in shipyard in Washington. SWITCH
Maritime’s Sea Change is making headway to show hydrogen powered
vessels work for the maritime industry on its journey to become a net-zero
industry. If you would like to read more about the SWITCH
Maritime’s hydrogen-fueled powered ferry, Sea Change, from gCaptain,
please click the link: USCG Approves First Hydrogen-Powered Ferry to Operate in U.S. Waters (gcaptain.com).
If you would like help in looking into how to
transport your product efficiently, safely, and with less of a carbon
footprint, please check us out! Contact
us via email in the blog and check out our ESC's website and ask how we can help you!
We hope you
have a wonderful evening!
**Disclaimer:
You may be charged a fee to read gCaptain’s article. **
Happy Memorial Day!
We would like to thank all those who served in the military, and helped keep us, our families, and this great nation safe and free! We salute you!
The US Energy Information Administration (EIA) released their Heating Oil and Propane Update for week ending May 24, 2024, it is now available on the EIA website.
See what happened in this month in the Heating Oil and
Propane Update by clicking the link: Heating Oil and Propane Update - Energy Information Administration (eia.gov).
**Please note the EIA will be posting using a holiday
schedule! This means Weekly Petroleum
Status Report and This Week in Petroleum as well as others will be
posted on Thursday at 11 a.m. or 1 p.m. for further details, please check the EIA’s
website. ***
Don’t forget to check out our ESC website! We are always here to help you out with your
next project to move your liquid product or help you find out what’s beneath
your feet to reduce your emissions!
Don’t forget to follow our Blog to
hear about more interesting things which happen in the energy and marine industry!
Have a safe and relaxing weekend!
Happy Memorial Day!
Happy Friday!
The U.S. Energy Information Administration (EIA) Weekly Reports for Petroleum
and Other Liquids, Gasoline and Diesel Fuel, and Natural Gas for the week ending May 24, 2024, are all now available from the EIA
website.
See what happened This Week in Petroleum by clicking the link: This Week in Petroleum - U.S. Energy Information Administration (EIA).
See what happened in the Weekly Petroleum Status Report by
clicking the link: Weekly Petroleum Status Report - U.S. Energy Information Administration (EIA).
See what happened this week in Gasoline and Diesel Fuel Update, by
clicking the link: Gasoline and Diesel Fuel Update - U.S. Energy Information Administration (EIA).
See what else happened this week
in Natural Gas Weekly Update by
clicking the link: Natural Gas Weekly Update (eia.gov).
See what happened this week in Natural
Gas Storage by clicking the link: Weekly Natural Gas Storage Report - EIA.
See what happened this week on
the Weekly Natural Gas Dashboard by clicking the link: Natural Gas Storage Dashboard (eia.gov).
**Please note the EIA will be posting using a holiday
schedule! This means Weekly Petroleum
Status Report and This Week in Petroleum as well as others will be
posted on Thursday at 11 a.m. or 1 p.m. for further details, please check the EIA’s
website. ***
We are always
here to help you out with your next project to move your liquid product or help
you look under your feet to help reduce your emissions! Connect with us through the blog email or
give us a call: 281-901-5554!
Don’t forget to follow our Blog to
hear more interesting matters which happen in and around the energy and marine industry!
Have a great and relaxing long weekend!
We hope you have a memorable Memorial Day!
See you next week for another week of ESC News Blog!
Happy Thursday!
Well, looks like Houston is going to be getting another kind
of hydrogen hub besides the HyVelocity Hub which will be producing clean hydrogen.
Did anyone see The Houston Chronicle’s The 713 Afternoon’s Newsletter on May 22, 2024, their article titled, “Hydrogen-powered jets from Houston in 2035? IAH is about to become an experimental ‘hydrogen hub”? This article is in regard to a collaboration agreement between Airbus, Houston’s Airports, and the Center for Houston’s Future are all teaming up to further study hydrogen and its uses for George Bush International Airport. The goal of the study is to see what the opportunities and pitfalls for the hydrogen supply are, what changes does the airport need to get ready for using this sustainable fuel, and how much hydrogen might possibly be used around the airport grounds as well as in the sky to lower its carbon footprint. The hydrogen hub study is expected to last until March 2025. The groups involved will share their data and research from prior low carbon and sustainability studies. The study is a continuation of other sustainability studies Houston has been involved with in trying to help the transition to alternative energy sources to keep us a leader in energy.
Airbus has an aircraft in development which will use hydrogen as its fuel source, and they have developed a timeline which ends with commercial passengers on flights in 2035. Airbus has announced Houston is only one of five places they will be investigating for a hydrogen hub, the other cities are Atlanta, Montreal, Toronto, and Vancouver. We expect we may have a future customer for the HyVelocity Hub, if Airbus succeeds to design a hydrogen powered aircraft. If you would like to read more of the article from The Houston Chronicle for free on Start MSN, please click the link: Hydrogen-powered jets from Houston in 2035? IAH is about to become an experimental 'hydrogenhub.' (msn.com).
If you would like to learn more information on Airbus’ plans for Houston,
please click the link: Airbus, Houston Airports, Center for Houston’s Future join forces to study feasibility of hydrogen hub at George Bush Intercontinental Airport | Airbus.
If you would like help in looking into how to transport your liquid
product from your terminal and reduce your emissions to spearhead your company’s
goal of becoming carbon neutral, contact us via the email in the blog and check
out our ESC's website!
We hope you have a great and productive week!
**Disclaimer – The Houston Chronicle may charge a fee
to read this article. **
Happy Wednesday!
By now you know we like to
follow-up on our previous blogs, and a happy ending. The Canadian Expanded Trans Mountain
Pipeline we blogged on the last five months is in the news again. Trans
Mountain Corp. who jumped hurdles to get government approval,
changed the pipeline size due to the terrain as well as had supply hang-ups has made
the news again this time for its pipeline filing its first vessel destined for Asia. Check out our previous blogs for more details
of the hiccups this important pipeline has endured on its journey to export
Canadian crude abroad!
Did anyone
happen to read the gCaptain Daily Newsletter on May 22, 2024, their
article titled, “First Oil Export Cargo from Canada’s Expanded Trans Mountain
Pipeline Set to Load”? The article speaks
on Canada’s Expanded Trans Mountain Pipeline (TMX) had its first commercial
vessel, Dubia Angel, moored at the newly expanded Westridge Marine Terminal in Vancouver on Monday, and once ready it will load this oil tanker to export Access Western Blend
(AWB) abroad. Producer, Suncor Energy
SU.TO., hired this Marshall Islands – registered vessel to export about 550,000
barrels of AWB to China. This is great
news for Canadian crude oil which will be increasing exports to the world using
this Canadian port. If you would like to
read more about the Canadian Expanded Trans Mountain Pipeline’s first commercial
shipment from gCaptain, please click the link: First
Oil Export Cargo from Canada's Expanded Trans Mountain Pipeline Set to
Load (gcaptain.com).
If you would
like help in looking into how to transport your product efficiently, safely, and
with less of a carbon footprint, please check us out! Contact us via email in the blog and check out
our ESC's website and ask how we can help you!
We hope you have a wonderful evening!
**Disclaimer: You may be charged a fee to read gCaptain’s
article. **
Happy Tuesday!
At this point,
you know how we enjoy writing follow-ups to our Blog! We wrote about the Strategic Petroleum Reserve (SPR) having purchased or have had returned to them approximately four million barrels of
oil, and them having a purchasing agreement for another 3.3 million barrels to
be delivered in October. We have another
important American asset now selling gasoline from the Northeast Gasoline Supply Reserve (NGSR).
Did anyone
happen to read the DOE’s CESER Updates Newsletter on May 21, 2024, their
update included a notice for, “FY24 DOE Gasoline (RBOB) Sale”? In the DOE’s updates, they speak about sale of
approximately 1 million barrels of gasoline from the Northeast Gasoline
Supply Reserve’s facilities with delivery no later than June 30, 2024, and
bids are due by May 28, 2024. The SPR is
selling gasoline from their Port Reading, New Jersey facility in the amount of 900,000
barrels, and their South Portland, Maine facility in the amount of 98,824 barrels.
If you are interested, please see their
notice for details. If you would like to
more information on the DOE’s Notice of Sale, please click the
link: FY24DOE Gasoline (RBOB) Sale NOS.pdf.
We thought you would like a little information about the Northeast
Gasoline Supply Reserve (NGSR). The NGSR
was established because of Hurricane Sandy in 2012. The Northeastern United States had a
depletion of gasoline supplies due the extensive damage caused by this super
storm, and in response the Obama Administration established this important regional
American asset. The NGSR may store
up to one million barrels of gasoline to buffer any interruptions which may
occur in the Northeast may it be caused by storm, catastrophic event, or some
other more sinister reason. The DOE ordered the Office of Petroleum Reserve
in June 2014 to develop this important infrastructure as a promise to the
American people this lack of refined petroleum supply wouldn’t happen again,
and ever since the Northeast has had this infrastructure in place for when the
supply is interrupted. These facilities
have an emergency backup power and several avenues to get these emergency supplies
to suppliers. This infrastructure in
addition to the emergency back up one million barrels of heating oil (Ultra Low
Sulphur Diesel) which is maintained by the Northeast Home Heating Oil Reserve is an aid to the Northeast in times of distress.
If you would
like to read more on the SPR’s Northeast Gasoline Supply Reserve, please
click the link: Creating the Northeast Gasoline Supply Reserve | Department of Energy.
If you would
like help in looking into how to transport your product efficiently, safely, and
with less of a carbon footprint or just find out what is underneath your feet
to help with your emission reduction goals, contact us via email in the blog
and check out our ESC's website!
We hope you have a wonderful evening and a productive week!
**Disclaimer: Please see Notice from the DOE’s SPR
Project Management Office for specifics of the gasoline sale. **
Happy Monday! Welcome back to another week of ESC’s News Blog!
At this point,
you know how we enjoy writing follow-ups to our Blog! We wrote about the Strategic Petroleum Reserve (SPR) having had purchased or have had returned to them approximately four million barrels of
oil. Last week we spoke about another
request for them to refill another 3.3 million barrels and the proposal closing
was May 14, 2024; they have awarded the contracts.
Did anyone
happen to read the Oil & Gas Journal’s Daily Update Newsletter on May
20, 2024, their article titled, “US signs SPR refill contracts”? In the article, it speaks about the U.S. Department
of Energy (DOE) announced last week it has accepted contracts to refill the SPR for
its Big Hill facility in Texas. The DOE requested proposals for bids to sell them roughly 3.3 million barrels of oil for October delivery,
and they have accepted four companies’ submissions which met their
requirements. The crude is being bought
for a medium price of $79.38/bbl. The
SPR is being refilled for a fair price in a reasonable amount of time which is
the DOE’s Office of Petroleum Reserves’ strategy. If you would like to read more of Oil and
Gas Journal’s article, please click the link: US
signs SPR refill contracts | Oil & Gas Journal (ogj.com).
If you would
like to read about the SPR’s Sale and Exchange Program, please click the link: SPR Sales and Exchanges | Department of Energy.
If you would
like help in looking into how to transport your product efficiently, safely, and
with less of a carbon footprint or just find out what is underneath your feet
to help with your emission reduction goals, contact us via email in the blog
and check out our ESC's website!
We hope you have a wonderful evening and a productive week!
**Disclaimer: You may be charged a fee to read the Oil
and Gas Journal’s article. **
The US Energy Information Administration (EIA) released their Monthly Report for the Drilling Productivity Report for week ending May 17, 2024, it is now available on the EIA website.
See what happened in the Monthly
Drilling Productivity Report by clicking the link: https://www.eia.gov/petroleum/drilling/.
Don’t forget to check out our ESC website! We are always here to help you out with your
next project to move your liquid product or help you find out what’s beneath
your feet to reduce your emissions!
Don’t forget to follow our Blog to
hear about more interesting things which happen in the energy and marine industry!
Have a safe and relaxing weekend!
Keep Dry!
Happy Friday! We hope everyone made it through the awful storms yesterday evening relatively unscathed!
The U.S. Energy Information Administration (EIA) Weekly Reports for Petroleum
and Other Liquids, Gasoline and Diesel Fuel, and Natural Gas for the week ending May 17, 2024, are all now available from the EIA
website.
See what happened This Week in Petroleum by clicking the link: This Week in Petroleum - U.S. Energy Information Administration (EIA).
See what happened in the Weekly Petroleum Status Report by
clicking the link: Weekly Petroleum Status Report - U.S. Energy Information Administration (EIA).
See what happened this week in Gasoline and Diesel Fuel Update, by
clicking the link: Gasoline and Diesel Fuel Update - U.S. Energy Information Administration (EIA).
See what else happened this week
in Natural Gas Weekly Update by
clicking the link: Natural Gas Weekly Update (eia.gov).
See what happened this week in Natural
Gas Storage by clicking the link: Weekly Natural Gas Storage Report - EIA.
See what happened this week on
the Weekly Natural Gas Dashboard by clicking the link: Natural Gas Storage Dashboard (eia.gov).
We are always
here to help you out with your next project to move your liquid product or help
you look under your feet to help reduce your emissions! Connect with us through the blog email or
give us a call: 281-901-5554!
Don’t forget to follow our Blog to
hear more interesting matters which happen in and around the energy and marine industry!
Have a great and relaxing weekend! Keep
dry! See you next week for another week
of ESC News Blog!
Happy Thursday! We hope everyone is staying safe and dry in this thunderstorm going over Houston this evening!
Did anyone happen to see the News Release from Gulf
Coast Protection District (GCPD) on May 15, 2024, titled, “Coastal Texas
Project Provided Funding in FY 2024 Work Plan”? GCPD’s release speaks about the U.S. Army
Corps of Engineers (USACE) released their FY 2024 Work Plan for the Army Civil
Works Program. USACE is providing
the first payment from the U.S. government for the Coastal Texas Project in the amount
of $500,000. The federal monies will be
going towards the preconstruction engineering and design for the Bolivar Peninsula
and West Bay Gulf Intracoastal Waterway Shoreline and Island Protection feature
called G-28, and its effort to get to construction. The Coastal Texas Project is a partnership
between the USACE, GCPD, and the Texas General Land Office, and
their long-term project to protect the Texas coastline and all its inhabitants
and businesses against severe and deadly weather. We would like to congratulate the Coastal Texas
Project for getting the federal monies to continue with this important task
of protecting Texans! If you would like
to read more of the News Release from the GCPD, please
click the link: NEWS RELEASE: Coastal Texas Project Provided Funding in FY 2024 Work Plan / GulfCoast Protection District (gcpdtexas.com).
If you would like to learn more about our local GCPD,
please click the link: NEWS RELEASE: Coastal Texas Project Provided Funding in FY 2024 Work Plan / GulfCoast Protection District (gcpdtexas.com).
If you would like to read more about USACE’s Civil
Works funding plan for 2024, please click the link: Army
Corps of Engineers releases Work Plan for Fiscal Year 2024 Civil Works
appropriations > U.S. Army Corps of Engineers Headquarters > News Release
Article View.
If you would like help in looking into how to move
your liquids and reduce your emissions, contact us via email in the blog and
check out our ESC's website!
We hope you
have a wonderful evening and a productive week!
Keep dry and safe!
Happy Wednesday!
Well, we had to let you know the Department of Interior’s
Bureau of Ocean Energy Management is in the news again for the Gulf of
Mexico, and its future carbon capture program is now in the spotlight!
Did anyone see The Houston
Chronicle’s Business Section on May 8, 2024, their article
titled, “Gulf carbon storage plans await feds – Biden administration already 18
months past congressional deadline for leases and permits”? This article is in regard to the U.S. Department
of Interior’s (DOI) future offshore carbon capture storage (CCS) program, and in
particular the Gulf of Mexico (GOM). The
future of offshore carbon capture storage projects destined for exhausted oil
and gas fields; their structured regulatory program for permitting and leases
as well as rules for monitoring the wells and making sure they are contained
under the sea floor is a year and a half behind schedule. The DOI was given a deadline by Congress in
their 2021 Bipartisan Infrastructure Law to develop a structured system for permitting
and leasing of carbon capture storage in federal waters; the task has proven to
be more complex than originally expected.
The DOI has referred to the established CCS industry and other countries
offshore programs to develop its own offshore CCS program as well as formed
a team of experts to dive into this important task. The GOM with its exhausted offshore wells
seem to be the ideal location because they will not have to take into
consideration aquifers and property easements, nonetheless orphan wells or badly
plugged wells could exist in this ideal location. The DOI doesn’t want the problems which have
been discovered in established CCS offshore projects overseas, and they are
trying to address them in this program’s development. The DOI in time will develop a structured regulatory
program which will get the offshore CCS industry moving. If you would like to read more of the article
from The Houston Chronicle, please click the link: Exxon's Gulf carbon storage plan: Biden's permitting causes delay (houstonchronicle.com).
If you would like to learn more information on Offshore Carbon Sequestration from
the U.S. Department of Interior’s Bureau of Ocean Energy Management,
please click the link: Carbon Sequestration | Bureau of Ocean Energy Management (boem.gov).
If you would like help in looking into how to transport your liquid
product from your terminal and reduce your emissions to spearhead your company’s
goal of becoming carbon neutral, contact us via the email in the blog and check
out our ESC's website!
We hope you have a great and productive week!
**Disclaimer – The Houston Chronicle may charge a fee
to read this article. **
Happy Tuesday!
Did anyone see the Greater Houston Port Bureau’s (GHPB)
Newsletter on May 14, 2024, they mention an announcement from the Port of
Houston Authority titled, “Port of Houston Authority special public meeting, May
21 for the proposed channel user fee for Project 11”? The
announcement is in regard to a Notice from the Port of Houston Authority in
regard to a Special Public Meeting on May 21, 2024, after their regularly
scheduled Port Commission public meeting.
The Port of Houston Authority is having a meeting on the proposed
channel user fee which will be used to help fund the Houston Ship Channel
Expansion – Project 11. Project 11 timeline
has been sped up which means higher costs to the Houston Ship Channel users. The special meeting will address several
topics which include the possible user fee structure, the timeline of what has
been invested in Project 11 to date, and what needs to happen to complete the
project. The meeting location has limited
capacity, so they have made available a weblink, so one may attend virtually. Attendees who would like to speak may
register to address the Port Commission, please see the announcement for
details. If you would like more
information on the Port of Houston Authority’s Special Public Meeting
announcement including location, time and weblink, please click the link: Notices & Alerts - Port
Houston.
If you would
like help in looking into how to transport your product efficiently, safely,
and with less of a carbon footprint from a terminal, contact us via email in
the blog and check out our ESC'swebsite!
We hope you have a wonderful evening and a great rest of
your week!
Happy Monday! Welcome back to another week of ESC’s News Blog!
At this point,
you know how we enjoy writing follow-ups to our Blog! Back in January, February, and March 2024, we
wrote about the Strategic Petroleum Reserve (SPR) having purchased
or have had returned to them approximately 36.3 million barrels of oil. Last month the SPR discontinued requests for
bids and canceled a couple contracts to buy oil due to prices were too high! Well, things have changed! They are resuming
their strategy to refill these American assets now prices are good again.
Did anyone
happen to read the Oil & Gas Journal’s Daily Update Newsletter on May
7, 2024, their article titled, “US resumes SPR refill as crude prices slip
below $80/bbl”? In the article, it
speaks about the U.S. Department of Energy announced last week it is resuming
buying oil to refill the SPR for its Big Hill facility in Texas. The DOE is requesting proposals
for bids to sell them roughly 3.3 million barrels of oil for October delivery,
and the bids are due May 14, 2024.
The previous
solicitations for oil buybacks had the median price of $76.98 per barrel under
the DOE’s Office of Petroleum Reserves’ strategy to pay no more than $79 per barrel. April’s high prices brought their buyback
strategy to a halt, and with them loosening up again they will resume their three-part
strategy to refill the SPR until they have returned to full capacity. If you would like to read more of Oil and
Gas Journal’s article, please click the link: US
resumes SPR refills as crude prices slip below $80/bbl | Oil & Gas Journal
(ogj.com).
If you would
like to read about the SPR’s Sale and Exchange Program, please click the link: SPR Sales and Exchanges | Department of Energy.
If you would
like help in looking into how to transport your product efficiently, safely, and
with less of a carbon footprint or just find out what is underneath your feet
to help with your emission reduction goals, contact us via email in the blog
and check out our ESC's website!
We hope you have a wonderful evening and a productive week!
**Disclaimer: You may be charged a fee to read the Oil
and Gas Journal’s article. **
Happy Friday!
The U.S. Energy Information
Administration (EIA) released their Monthly Report for the STEO for week ending May 10, 2024, is now available from the EIA website.
Check out what happened in the Monthly
Short Term Energy Outlook by clicking the link: Short -Term Energy Outlook- U.S. Energy Information Administration (EIA).
Check out our ESC website! We are always here to help you out with your
next project to move your liquid product! You may reach us by the email in the Blog.
Don’t forget to follow our Blog to
hear more interesting matters which happen in and around the energy and marine industry!
Have a fun and relaxing weekend!
Happy Friday!
The U.S. Energy Information Administration (EIA) Weekly Reports for Petroleum
and Other Liquids, Gasoline and Diesel Fuel, and Natural Gas for the week ending May 10, 2024, are all now available from the EIA
website.
See what happened This Week in Petroleum by clicking the link: This Week in Petroleum - U.S. Energy Information Administration (EIA).
See what happened in the Weekly Petroleum Status Report by
clicking the link: Weekly Petroleum Status Report - U.S. Energy Information Administration (EIA).
See what happened this week in Gasoline and Diesel Fuel Update, by
clicking the link: Gasoline and Diesel Fuel Update - U.S. Energy Information Administration (EIA).
See what else happened this week
in Natural Gas Weekly Update by
clicking the link: Natural Gas Weekly Update (eia.gov).
See what happened this week in Natural
Gas Storage by clicking the link: Weekly Natural Gas Storage Report - EIA.
See what happened this week on
the Weekly Natural Gas Dashboard by clicking the link: Natural Gas Storage Dashboard (eia.gov).
We are always
here to help you out with your next project to move your liquid product or help
you look under your feet to help reduce your emissions! Connect with us through the blog email or
give us a call: 281-901-5554!
Don’t forget to follow our Blog to
hear more interesting matters which happen in and around the energy and marine industry!
Have a great and relaxing weekend! See
you next week for another week of ESC News Blog!
Happy Thursday!
We love a follow-up to a follow-up! We spoke in our Blog about the upcoming implementation of the
Methane Rules and about the impending Methane Emission Fees. We blogged about the new tools being used for example MiQ-Highwood Index™, and MethaneSat. We blogged at the end of March 2024, about the Oil
and Gas Industry stepping up and upgrading and implementing the latest technology
to help clean up their emissions as well as monitor their own methane by
satellites, cameras and other technology.
Well, the U. S. Environmental Protection Agency (EPA) has taken
notice of the under reporting and is implementing new standards for reporting.
Did anyone happen to read the Oil & Gas
Journal’s Daily Update Newsletter on May 7, 2024, their article titled, “Biden
administration finalizes strict methane reporting standards”? The article was on how U.S. EPA on May
6 released their reporting standards for greenhouse gas (GHG) which include
methane by changing the ways oil and gas companies calculate and report their
emissions. The modernized Greenhouse Gas
Reporting Program (GHGRP) was in need of improvements due to companies were underreporting
their GHG emissions and with all the new technology and satellites the discrepancies
between real and reported are more readily known. The GHGRP’s calculations will help to figure
out a company’s Waste Emissions Charge (WEC) when it is over the baseline of 25,000
tonnes/year of GHG emissions. Starting
this year for every additional tonne of GHG over the baseline will cost $900,
and the cost will increase by $300 /tonne in 2025 and it will be up to $1500/tonne by 2026 on
these emissions. The EPA has implemented
a plan to stop wasting natural gas with unnecessary flaring and cleaning up
emissions to help our fight against climate change and to protect American consumer.
If you would like to read more of Oil
& Gas Journal’s article, please click the link: Biden
administration finalizes strict methane reporting standards | Oil & Gas
Journal (ogj.com).
If you would like to see the EPA’s new Methane
Rules for Oil and Gas, please click the link: EPA's Final Rule for Oil and Natural Gas Operations Will Sharply Reduce Methane andOther Harmful Pollution. | US EPA.
If you would like to information on the revisions to
the Greenhouse Gas Reporting Program for the oil and gas industry,
please click the link: Revisions to GHGRP Subpart W (Petroleum and Natural Gas Systems) | US EPA.
If you would like information about the technical and
financial help offered by the Methane Emissions Reduction Program,
please click the link: Financial and Technical Assistance from the Methane Emissions Reduction Program | US EPA.
If you would like to see some suggested equipment
from the EPA to reduce emissions, please click the link: Methane Mitigation Technologies Platform | US EPA.
If you would like help in looking into how to reduce
your methane emissions on your liquid petroleum product with emission controls
and help with adopting best practices, contact us via email in the blog and
check out our ESC's website!
We hope you
have a wonderful evening!
**Disclaimer:
You may be charged a fee to read the Oil and Gas Journal’s article. **
Happy Wednesday! Well, we hope you had a chance to check ILTA’s Conference and Trade Show which closed today at lunchtime. We had a productive day speaking to our suppliers and old clients who were in attendance.
We blogged about Enbridge’s Line 5
and its Great Lakes Tunnel back in December, when they received the first of
many approvals on their way to increasing its capacity. Enbridge is in the news again with some positive
news as they get their ducks in a row for the building of the tunnel.
Did anyone
happen to read the Oil & Gas Journal’s Daily Update Newsletter on April
30, 2024, their article titled, “Enbridge chooses contractors for Great Lakes
Tunnel to house Line 5”? In the article,
it speaks about Enbridge’s Line 5 section under the lakebed of the
Straits of Mackinac which is the waterway which connects Lake Michigan to Lake
Huron and their proposed tunnel. Enbridge
has brought onboard Mackinac Straits Partners which is a joint venture partnership
linking Barnard Construction Co, Inc. and Civil and Building North America,
Inc. (CBNA) to construct the Great Lakes Tunnel in the Straits of Mackinac in
Michigan. Mackinac Straits Partners
will construct the 4.5-mile crossing under Lake Huron by drilling a hole through
the bedrock for the 30-in OD line to construct the tunnel. The Mackinac Straights Corridor Authority
(MSCA) approved Enbridge’s request for proposal (RPF) for the tunnel. Enbridge is lining things up in
anticipation of building the line while they wait for the US Army Corps of
Engineers (USACE) environmental permits which are expected in the beginning of
2026, after approximately a six year wait.
Enbridge’s Line 5 is on
its way to be a safer, more environmentally friendly pipeline getting the U.S. much
needed energy. If you would like to read
more of the Oil & Gas Journal’s article, please click the link: Enbridge
chooses contractors for Great Lakes Tunnel to house Line 5 | Oil & Gas
Journal (ogj.com).
If you would
like help in looking into how to transport your product efficiently, safely, and
with less of a carbon footprint or just find out what is underneath your feet
to help with your emission reduction goals, contact us via email in the blog
and check out our ESC's website!
We hope you have a wonderful evening!
**Disclaimer: You may be charged a fee to read The Oil
and Gas Journal’s article. **
Happy Tuesday!
Unfortunately, we don’t have anything from the news today, but ILTA 2024 in happening and the Trade Show doors opened at 10 a.m. this morning! If you would like more information, please click the link: ILTA 2024.
Check back tomorrow for something interesting happening in the energy and marine industry!
Have a great day!
Happy Monday! Welcome back to another week of ESC News Blog!
We blogged about the Gulf of
Mexico Oil and Gas Lease Sales back in the beginning of April 2024, and a
possible delay. Well, the GOM O&G Lease
Sale is in the news again.
Did anyone see The
Houston Chronicle’s Business Section on May 3, 2024, their
article titled, “Gulf leasing likely delayed until 2026 – Preparing the 2025
offshore sale now will take 18 months”? This
article is in regard to the Gulf of Mexico (GOM) offshore oil and gas lease
sale scheduled for 2025 is in questionable territory. The Department of Interior (DOI) appeared
before the Senate’s Energy and Natural Resources Committee last week, and the DOI admitted with them having
completed a GOM lease sale in December they have only started preparing for the
next one, and the estimated timeline is 18 months. If this is the case, the DOI will be in
violation of a clause in the 2022 Inflation Reduction Act (IRA) and future wind
lease sales may be in jeopardy! The head
of the DOI says they will meet their duties to keep all offshores lease sales on
track. If you would like to read more of
the article from The Houston Chronicle, please click the link: Gulf oil and gas leasing likely delayed (houstonchronicle.com).
If you would like to learn in regard to the GOM Offshore Oil and Gas Leasing
Program from the U.S. Department of Interior’s Bureau of Ocean Energy
Management, please click the link: National OCS Oil and Gas Leasing Program | Bureau of Ocean Energy Management (boem.gov).
If you would like help in looking
into how to transport your liquid product from your terminal and reduce your emissions
to spearhead your company’s goal of becoming carbon neutral, contact us via the
email in the blog and check out our ESC's website!
ITLA’s
Conference and Trade Show (May 6 – 8, 2024) in Houston, Texas
has started. If you would like more information, please click the link: ILTA 2024.
Representatives of ESC will be attending the Trade Show Tuesday
afternoon we hope to see you there!
We hope you have a great and
productive rest week!
**Disclaimer – The Houston Chronicle
may charge a fee to read this article. **
The US Energy Information Administration (EIA) released their Country Analysis Brief for Russia so check it out on the EIA website.
See what happened in the Russia’s
Analysis Brief by clicking the link: International - U.S. Energy Information Administration (EIA).
Don’t forget to check out our ESC website! We are always here to help you figure out the
best way to move your liquid and reduce your emissions!
Have a nice and relaxing evening
and weekend!
The US Energy Information Administration (EIA) released their yearly Underground Natural Gas Working Storage Capacity, U.S. Crude Oil and Natural Gas Proved Reserves, and U.S. Energy-Related Carbon Dioxide Emissions, they are now available from the EIA website.
Check out what happened in the Underground Natural Gas
Working Storage Capacity by clicking the link: Underground Natural Gas Working Storage Capacity - U.S. Energy Information Administration (EIA).
Check out what happened in the U.S. Crude Oil and
Natural Gas Proved Reserves, Year-end 2022 by clicking the link: Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2022 (eia.gov).
Check out what happened in the U.S. Energy-Related
Carbon Dioxide Emissions, 2023 by clicking the link: U.S. Energy Information Administration - EIA - Independent Statistics and Analysis.
Don’t forget to check out our ESC website! We are always here to help you out with your
next project to transport your liquids!
Have a safe and relaxing weekend!
Happy Friday!
The US
Energy Information Administration (EIA) released their Monthly
Reports for the beginning of May 2024, all are now available from the
EIA website.
See what happened in the Petroleum Marketing Monthly
by clicking the link: Petroleum Marketing Monthly (PMM) - May 2024 With Data for February 2024 (eia.gov).
See what happened in the Petroleum Supply Monthly by
clicking the link: Petroleum Supply Monthly - Energy Information Administration (eia.gov).
See how crude moved in the Monthly
U.S. Movement of Crude Oil by Rail by clicking the link: U.S. Movements of Crude Oil by Rail (eia.gov).
See what happened in the Company
Level Imports by clicking the link: Company Level Imports - U.S. Energy Information Administration (EIA).
See what happened in the Monthly Crude Oil and Natural
Gas Production by clicking the link: EIA-914 monthly production report.
See what happened in the Natural Gas Monthly by
clicking the link: Natural Gas Monthly (NGM) - Energy Information Administration - April 2024 With Datafor February 2024 (eia.gov).
See what happened in the Monthly
Biofuels Capacity and Feedstocks Update by clicking the link: Monthly Biofuels Capacity and Feedstocks Update - U.S. Energy Information Administration (EIA).
See what happened in the Monthly
Densified Biomass Fuel Report by clicking the link: U.S. Energy Information Administration - EIA - Independent Statistics and Analysis.
The EIA has updated their State Energy Data System (SEDS)
for Wood and Biomass Waste through 2022: U.S. Energy Information Administration - EIA - Independent Statistics and Analysis.
Don’t forget to check out
our ESC website! We are always
here to help you out with your next project!
Don’t forget ITLA’s
Conference and Trade Show is starts Monday (May 6 – 8, 2024)
in Houston, Texas. If you would like more information, please click the link: ILTA2024.
We hope to see you there!
Have a relaxing and enjoyable
weekend! Happy Cinco De Mayo!
Happy Friday!
The U.S. Energy Information Administration (EIA) Weekly Reports for Petroleum
and Other Liquids, Gasoline and Diesel Fuel, and Natural Gas for the week ending May 3, 2024, are all now available from the EIA
website.
See what happened This Week in Petroleum by clicking the link: This Week in Petroleum - U.S. Energy Information Administration (EIA).
See what happened in the Weekly Petroleum Status Report by
clicking the link: Weekly Petroleum Status Report - U.S. Energy Information Administration (EIA).
See what happened this week in Gasoline and Diesel Fuel Update, by
clicking the link: Gasoline and Diesel Fuel Update - U.S. Energy Information Administration (EIA).
See what else happened this week
in Natural Gas Weekly Update by
clicking the link: Natural Gas Weekly Update (eia.gov).
See what happened this week in Natural
Gas Storage by clicking the link: Weekly Natural Gas Storage Report - EIA.
See what happened this week on
the Weekly Natural Gas Dashboard by clicking the link: Natural Gas Storage Dashboard (eia.gov).
We are always
here to help you out with your next project to transport your liquid product or
update your valves to motorized operating valves in your tank farm! Connect with us through the blog email or
give us a call: 281-901-5554!
Don’t forget to follow our Blog to
hear more interesting matters which happen in and around the energy and marine industry!
Don’t forget ITLA’s
Conference and Trade Show is starts Monday (May 6 – 8, 2024)
in Houston, Texas. If you would like more information, please click the link: ILTA2024.
We hope to see you there!
Have a great and relaxing weekend! See
you next week for another week of ESC News Blog!
Happy Thursday!
You know how we love a happy
ending to our blogs. We blogged about
the first nuclear reactor built in 30-plus years in the U.S. the beginning of
last August, and we mentioned they had a March completion date of the second one.
We are pleased to let you know it is up
and running.
Did anyone see The
Houston Chronicle’s Business Section on April 30, 2024, reprint
of the article from Associated Press titled, “Second nuclear reactor
completed at Georgia plant”? The article
is in regard to the second nuclear reactor is now providing the good people of
Georgia carbon-free power. Georgia
Power Company’s Vogtle Unit 3 was entered into service back August
2023, after a long road and with many cost overruns. Vogtle Unit 4 like Unit 3 had its delays and
hiccups, nevertheless now it is online it has the ability to power 500,000
homes and businesses. The two reactors
join a pair of older reactors in the same area to provide electricity to the
area and possibility into neighboring states.
The Vogtle Unit 3 and 4 cost about double of the original estimate of $17 billion. Time will be the only judge, if this was a
worthwhile investment. Nonetheless,
this project is helping with our path for a carbon-free world! If you would like to read more of the
reprinted article from the Associated Press on Microsoft Start for free,
please click the link: A second new nuclear reactor is completed in Georgia. The carbon-free power comes at a high price (msn.com).
If you would like to see how the U.S. Department of Energy helped with
this carbon-free project, please click the link: VOGTLE| Department of Energy.
If you would like help in looking
into how to update your facility or terminal to keep up with the low-carbon
world, contact us via the email in the blog and check out our ESC's website!
We hope you have a great and
productive rest week!
**Disclaimer – Associated
Press may charge a fee to read this article. **
Happy Wednesday!
By now you know we like to
follow-up on our previous blogs, and the Canadian Trans Mountain Pipeline
we blogged on the
last four months is in the news again. Trans Mountain Corp. who
jumped the hurdle of government approval, changes in pipeline size due to the
terrain as well as supply hang-ups has made the news again this time for
something positive even more positive than the Blog in March and April in which
they were doing initial testing of the pipeline. Check out our blog for more details of
previous hiccups on this important pipeline!
Did anyone
happen to read the Oil & Gas Journal’s Daily Update Newsletter on May
1, 2024, their article titled, “CER approves operation of Trans Mountain crude
pipeline expansion”? The article speaks on
Canada’s Trans Mountain Pipeline has received the Canadian Energy
Regulator (CER) approval for operation they were waiting for in April. The CER approval is right on time for their May
1, 2024, timeline they released previously.
The pipeline started filling its 988 km (approx. 614 miles) of new pipe in
Mid-April, and it is almost ¾ full by volume and about the same in distance. Once
the pipeline is filled and commissioning is complete the line will hold
590,000-b/d, and CER will be keeping an eye on things to protect the
environment, and the people of Canada.
It should be noted the pipeline will still working on clean up, final
improvements, and restoring along the pipeline’s route for the foreseeable future,
even when the pipeline is at capacity in full operations.
Here's a bit
of information about the Trans Mountain Crude Oil Pipeline. The pipeline mostly shadows its existing 300,000-b/d
line which starts at its Edmonton Terminal in Strathcona County, Alberta to its
Westridge Marine Terminal in Burnaby, British Columbia, and it is 988 km (approx.
614 miles) long. Trans Mountain Pipeline
reactivated 193 km (approx. 120 miles) of pipeline, it has 12 new pump
stations, 19 new storage tanks (Burnaby – 14, Sumas – 1, and Edmonton - 4), and
3 new berths were added to Westridge Terminal.
The two parallel pipelines have the compacity to move 890,000-b/d to
export to the world.
Since the pipeline’s
approval in June 2019, it has had a rough and long ride to get to this point! It was riddled with delays and technical problems
and in spite of it all they have reached the finish line. We wish them a speedy end to fill its first
commercial vessel! If you would like to
read more about the Canadian Trans Mountain Pipeline from The Oil and
Gas Journal, please click the link: CER
approves operation of Trans Mountain crude pipeline expansion | Oil & Gas
Journal (ogj.com).
If you would
like help in looking into how to transport your product efficiently, safely, and
with less of a carbon footprint, please check us out! Contact us via email in the blog and check out
our ESC's website and ask how we can help you!
Don’t forget ITLA’s
Conference and Trade Show is coming up next week (May 6 – 8, 2024)
in Houston, Texas. If you would like more information, please click the link: ILTA2024.
We hope to see you there!
We hope you have a wonderful evening!
**Disclaimer: You may be charged a fee to read The Oil
and Gas Journal’s article. **