The Panama Canal Authority has announced they are anticipating returning to normal transits in September, if rains continue.

Happy Wednesday! 

Well, you know we love an update and a follow-up!  We speak about the Panama Canal pretty often in the last few months, nonetheless we heard some more good news!  Please check out our blog for other interesting information and future plans for this important waterway.    

Did anyone happen to read gCaptain Daily Newsletter on July 31, 2024, they republished an article from Reuter’s titled, “Panama Canal Looks to Boost Transits in September as Rains Come Early”?  The article speaks in regard to the Panama Canal Authority’s announcement; they are anticipating the rains will keep coming, and they will be increasing to 36 daily passages a day in early September.  This good news comes, after they recently announced they will increase the number of passages to 35 on August 5.  In 2023, the lack of rain caused this important waterway to reduce the number of passages through its locks which caused the shipping industry to back up as they waited their turn.   The Panama Canal Authority believes with them resuming to normal number of passages their income will increase by approximately 18% or $5.6 billion for the 2024-2025 fiscal year which starts in October.  The canal possibly resuming normal operations in the near future is good news to the shipping industry!

On another note, the article spoke about the possible projects to be developed in Columbia and Mexico to connect the Pacific and Atlantic oceans to help with the increased shipping traffic.  Mexico’s administration has spoken of developing a freight rail line in the southern part of the country connecting the oceans.  While Columbia has previously spoken about developing a passageway through the country connecting the oceans.   Panama Canal Authority believes these two projects would help them keep the shipping industry moving.

The article spoke about the Panama Canal Authority looking for more water assets.   They briefly spoke about the new reservoir they are planning to construct.   The new reservoir’s timeline is six years, and it is costing more than $1 billion, nonetheless it will help this waterway by giving it a buffer against future droughts.  (See our Blog on July 15, 2024, for details.)  If you would like to read more of gCaptain’s article, please click the link: Panama Canal Looks to Boost Transits in September as Rains Come Early (gcaptain.com).

If you would like more information about these changes to schedule, please click here for the Panama Canal Authority’s website: Home - Autoridad del Canal de Panamá (pancanal.com).

If you would like help in looking into how to update your liquids terminal, contact us via the email in the blog and check out our ESC 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. **

Wind Challenger has been installed on MOL’s Green Winds bulk carrier.

Happy Tuesday!

We love a follow-up!  We wrote about MOL’s first wind assisted bulk carrier, Shofu Maru, back in early July 2023, when we told you about the U.N. International Maritime Organization’s (IMO) weeklong discussion, and their goal to reduce greenhouse gas (GHG) emissions.  Some of the ideas which were being suggested to help reduce greenhouse gases were installing various kinds of sails on vessels, reducing the speed of vessels, using kites, using artificial intelligence to chart better routes, and switching vessel’s engines to use hydrogen or ammonia were just a few discussed by the IMO.  Please check out our Blog back in July of 2023 for details. 

Did anyone see Tank News International’s Weekly Newsletter on Wednesday, July 17, 2024, they had an article titled, “MOL announces delivery of bulk carrier Green Winds”?  In the article, it speaks about Mitsui O.S.K. Lines, LTD posted their new Ultramax bulk carrier has Wind Challenger, a retractable rigid sail system installed on their 63,896 DWT vessel named Green Winds.  They are expecting nine vessels to have Wind Challenger installed, the first two vessels are Green Winds and Shofu Maru.  MOL and Oshima Shipbuilding collaborated on the Wind Challenger design; it is a retractable rigid sail which uses wind energy.  Wind Challenger has shown to reduce fuel usage and GHG emissions approximately 7 to 16 percent with ship size, trade routes travelled, and marine weather and wind influencing reduction outcomes.   

MOL Group who will be operating Green Winds has created its net-zero goals for its future by incorporating current energy efficiency technology and fuel reduction tactics to attain their goals by 2050.  MOL Group plans on using Wind Challenger on its fleet with 25 ships by 2030 and 80 ships by 2035.  If you would like to read more of the article from Tank News International, please click the link: MOL announces delivery of bulk carrier Green Winds | Tank News International.

Check out this article about MOL’s first ship, Shofu Maru, and its maiden voyage, please click the link: Wind Challenger: World’s first partially wind-powered bulk carrier ship(interestingengineering.com).

Engineers come up with interesting and revolutionizing ideas to improve our future.  Let us help you look into how to update your pipelines 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 – The Tank News International and Interesting Engineering may charge a fee to read their articles. **

DOE has agreed to purchase 4.65 million barrels to refill Bayou Choctaw for delivery in the last quarter of 2024.

Happy Monday!  Welcome back to another week of ESC News Blog!    

At this point, you know how we enjoy writing follow-ups for our Blog!  We wrote about the Strategic Petroleum Reserve (SPR) having purchased or have had returned to them more than 40 million barrels of oil, and they have lined up purchasing agreements for another approximately 9 million barrels to be delivered this fall to Big Hill SPR in Texas. 

Did anyone happen to read the DOE’s CESER Updates Newsletter for the Strategic Petroleum Reserve on July 29, 2024, their update included, “The New Purchase of 4.65 million Barrels Means Department of Energy has Purchased Over 40 Million Barrels, Showcasing the Biden-Harris Administration’s Commitment to Replenish the SPR at a Good Price, Maintain the SPR’s Operational Readiness, and Protect the Nation’s Energy Security”?  In the DOE’s updates, the Office of Petroleum Reserves has announced they have locked in good prices and quality standards were met by two companies, therefore purchasing agreements have been signed for 4.65 million barrels of crude for their reserves at Bayou Choctaw in Louisiana to be delivered the last quarter of 2024.  The DOE’s Office of Petroleum Reserves had five companies submit 42 bids for their July 18, 2024, RFP deadline, if you would like to read more of the announcement, please click the link: Biden-Harris Administration Purchases More Than 4 Million Barrels for the Strategic Petroleum Reserve – Bringing Total Purchased to 40 Million at a Good Deal for American Taxpayers | Department of Energy.  If you would like details on the amounts purchased and companies involved, please click the link: Strategic Petroleum Reserve - United States Department of Energy (azurefd.us).

If you would like help in looking into how to transport your liquid petroleum 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: Please see the update from CESER for specifics to the solicitations. **

U.S. Energy Information Administration (EIA) released their Heating Oil and Propane Update and Monthly Solar Photovoltaic Module Shipments, and it is now available on their website!

The US Energy Information Administration (EIA) released their Heating Oil and Propane Update and Monthly Solar Photovoltaic Module Shipments for week ending July 26, 2024, it is now available on the EIA website. 

See what happened this month in the Heating Oil and Propane Update by clicking the link: Heating Oil and Propane Update - Energy Information Administration (eia.gov).

See what happened this month in the Monthly Solar Photovoltaic Module Shipments Report 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 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 more interesting things which happen in the energy and marine industry!

Have a safe and relaxing weekend!  See you next week for more interesting things going on in the industry from ESC’s News Blog!  Keep dry!

U.S. EIA Weekly Updates for Petroleum & Other Liquids and Natural Gas are all now available!

Happy Friday!  We are happy to back! 

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 July 26, 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: Gasolineand 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 on the ever-changing energy and marine industry!

Have a peaceful, safe, and relaxing weekend!  Keep dry!

See you next week for another week of ESC News Blog!

Learnings from the GHPB’s Commerce Club Luncheon from Thursday, July 25, 2024.

Happy Thursday!  Sorry we have been away so long; we will be posting back on the regular schedule starting today.   We’ll post the EIA information tomorrow as usual!

We went to the rescheduled Greater Houston Port Bureau (GHPB) Commerce Club Luncheon at the Houston Marriot South at Hobby Airport today. 

The speaker was Ambassador Juan B. Sosa, he is the President of the U.S. -Panama Business Council and he is the Consul General of Panama in Houston since 2014.  In 1994, Ambassador Sosa with other important trail blazers started the U.S.- Panama Business Council which is a business organization with international members who spearheaded the U.S.-Panama Free Trade Agreement.  This important business organization has been involved in programs and trade missions which have helped strengthen Panama’s ties to Houston and Texas as well as the Houston Ship Channel.  Houston has benefitted by they have helped us to become the #1 global city in GDP to exports. 

Ambassador Sosa spoke on the history of Panama and the establishment of the Panama Canal.  Ambassador Sosa told the story of origins of the canal including the special mail ship from the East Coast which brought mail to the West Coast with a stop in New Orleans in 1848.  The discovery of gold on the West Coast brought the 49ers which many travelers traveled on this mail ship.  The travelers would then travel across by Panama by mule and get on a steamer ship bound for the West Coast of the U.S.   The first train line in 1856 connected Houston to New Orleans which then travelers boarded ships to Panama bound for the West Coast.   In the 1880s, France tried to develop a canal connecting the Atlantic and Pacific, nonetheless they failed and went bankrupt. President Teddy Rosevelt and his administration saw the importance of building a canal and signed a treaty in 1903 with Panama and its newly established government. This was the beginning of the original locks which were 110 feet wide by 1000 feet long and completed and started operation around 1914.  The canal made a difference in both World Wars.  Ambassador Sosa spoke about the 2^nd set of locks which were approved in 2006 and completed in 2016.  This important waterway has made a difference in today’s global economy.   He briefly spoke about the upcoming changes to the canal and the lessons learned with the last El Nino season and the drought it brought. 

Thank you, Ambassador Sosa!  You are an interesting and informative speaker, and we wish you much success with your latest trade mission with the U.S.-Panama Business Council!

As you see the speakers at the GHPB’s Commerce Club Luncheons bring an informative talk to all that attend.  The next Commerce Club Luncheon is September 12, 2024, at 11 a.m.  The speakers will be having a Brownwater/Bluewater discussion, and the speakers will be Nathan Hough/Campbell Transportation, Captain Clint Winegar/Houston Pilots and Alberto Hernandez II/Vessel Traffic Service.  We hope to see you there!  Please check out the website, if you would like to learn more.  September 2024 Commerce Club Luncheon - Greater Houston Port Bureau (txgulf.org).

Check out our previous blogs on the Panama Canal.  The Panama Canal Authority has released some exciting news the last few months and we give you some basic information and links of it!

If you would like help in figuring out how to get your product moving with less of a carbon footprint, contact us via email on the blog or give us a call: 281-901-5554.  Check out our ESC's website!

The Panama Canal Authority has announced additional slots will be opening soon for its users, and they are planning on constructing a new reservoir.

Happy Monday!  Welcome back to another week or ESC News Blog.  

Well, you know we love an update!  We speak about the Panama Canal pretty often in the last few months, so in regard to our pattern we thought this story is in line with our blog.  Back in February we spoke in regard to the Panama Canal Authority announcing they were investing in their capital investment budget.  Please check out our blog on February 22, 2024, for further details. 

Did anyone happen to read gCaptain Daily Newsletter on July 10, 2024, their article titled, “Panama Canal Expects New Water Reservoir for Ship Crossings in 6 Years”?  The article speaks in regard to the Panama Canal Authority’s announcement they are investing and planning on building a new reservoir called, “Indio River reservoir” which is expected to cost approximately $1.2 billion and is anticipated to be in service in around six years.  In addition, another $400 million will be used to improve the adjacent areas and for their residents.  The Indio River reservoir project will be used to help the canal with maintaining the 36 vessel passages, and the improvement is in light of what happened when a drought impacts the area.   This is good news to those who use this important waterway!

On another note, the Panama Canal Authority also announced the current rainy weather has improved the water table in the reservoirs, and they will be increasing the number of transits through the waterway for both set of locks after August 6^th, 2024.  They will be increasing the number of vessels to 35 passing through this important waterway is good news for the canal, and its journey back toward normalcy.  If you would like to read more of gCaptain’s article, please click the link: Panama Canal Expects New Water Reservoir for Ship Crossings in 6 Years (gcaptain.com).

Check out this link, if you would like to know more about the Panama Canal, Panama Canal - Wikipedia.

If you would like more information about these changes to schedule, please click here for the Panama Canal Authority’s website: Home- Autoridad del Canal de Panamá (pancanal.com).

If you would like help in looking into how to update your liquids terminal, contact us via the email in the blog and check out our ESC website for contact information!

We are about to be out of pocket for the next week, but we will try to check in a few times to keep you updated on the latest news and announcements around the energy and marine industry!  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. **

U.S. Energy Information Administration (EIA) released their Monthly STEO Report, and it is now available on their website!

Happy Friday!

The U.S. Energy Information Administration (EIA) released their Monthly STEO Report for week ending July 12, 2024, and it 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).

Don’t forget to check out our ESC website!  We are always here to help you out with your next liquids project to move your product!  You may reach us by the email in the Blog!

Have a good weekend and keep dry!

U.S. EIA Weekly Updates for Petroleum & Other Liquids and Natural Gas are all now available!

Happy Friday!  We hope more of you have had your electric services come back on and just maybe life is starting to return to normal!

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 July 12, 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 on the ever-changing energy and marine industry!

Good luck with your clean up from the storm, and we hope everyone has their electric back on soon!  Have a peaceful, safe, and relaxing weekend!  See you next week for another week of ESC News Blog!

DOE has requested proposals for them to purchase 4.5 million barrels to refill Bayou Choctaw for last quarter 2024 delivery.

 

Happy Thursday!  

Recovery is slow here in Houston.  We are starting to think they aren’t fixing the traffic lights around us and the gully wash of a rain we had this afternoon didn’t help!  We hope your area of town is faring better! 

At this point, you know how we enjoy writing follow-ups for our Blog!  We wrote about the Strategic Petroleum Reserve (SPR) having purchased or have had returned to them approximately 42.6 million barrels of oil, and they have lined up purchasing agreements for another approximately 9 million barrels to be delivered in September, October and November to Big Hill SPR in Texas. 

Did anyone happen to read the DOE’s CESER Updates Newsletter for the Strategic Petroleum Reserve on July 10, 2024, their update included, “U.S. Department of Energy Announces New Solicitations for 4.5 Million Barrels Continues Biden-Harris Administration’s Commitment to Replenish at a Good Deal for American Taxpayers, Maintain the SPR’s Operational Readiness, and Protect the Nation’s Energy Security”?  In the DOE’s updates, the Office of Petroleum Reserves has announced another round of solicitations for purchase for up to 4.5 million barrels of sour crude for their reserves at Bayou Choctaw in Louisiana to be delivered the last quarter of 2024.  Their decision was based on the price of oil being below their threshold of $79, and Bayou Choctaw’s scheduled maintenance being behind them the SPR decided to post another solicitation to refill this important American

This round of solicitation’s deadline for proposals is for 4.5 million barrels of sour crude for delivery in the last quarter of 2024 is due July 18, 2024.   Please see SPR’s solicitation announcement for details, see link: Strategic Petroleum Reserve - United States Department of Energy (azurefd.us).   

If you would like more information on the CESER update, please click the link:   U.S. Department of Energy Announces New Solicitations to Purchase Oil for StrategicPetroleum Reserve | Department of Energy.

If you would like help in looking into how to transport your liquid 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! We are hoping your electric and the traffic lights are back on tomorrow and our area gets back to normal for the weekend!

**Disclaimer: Please see the update from CESER for specifics to the solicitations. **

Texas GLO has made a call for RFP for state-owned waters leases for the CCS industry.

Happy Wednesday!  Hope everyone is making due with the current lack of power and cable and for those lucky enough to have regained their utilities; please enjoy it for us! 

Be careful driving around!  This morning approximately 1300 traffic lights were still out; please treat it as a four-way stop and be courteous!   

Did anyone see The Houston Chronicle’s Business Section on July 5, 2024, reprint of the article from Inside Climate News titled, “Texas seeks proposals for offshore carbon capture – State trying to mitigate climate change and greenhouse gases”?  The article is in regard to Texas General Land Office (GLO) opening a request for proposals (RFP) for carbon capture in our state-owned waters in June with proposals due in October. GLO has made this request three times since 2021.  The area up for development is approximately million acres which are located in the state open waters in Lavaca Bay to the southern part of Laguna Madre, then offshore of South Padre Island, Matagorda Island, Freeport, and the Bolivar Peninsula.  The carbon capture and sequestration (CCS) has been around for a while, but now the federal government has made bigger incentives which has made the industry more tantalizing for the oil and gas industry.  As of this article the Environmental Protection Agency (EPA) has yet to permit a “Class VI” well in Texas; currently Texas has 13 permit applications waiting for review.  Texas Railroad Commission has applied to the EPA for approval to permit its own Class VI wells like the authority Louisiana, Wyoming and North Dakota have been given. The monies from the offshore leases will fund the Permanent School Fund.  If you would like to read more of the reprinted article from The Houston Chronicle, please click the link: Texas opens more coastal waters for carbon storage wells (chron.com). 

 

If you would like more information about the Request for Proposals from Texas General Land Office, please see the link above. 

 

If you would like help in looking into how to update your liquids 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!  We will be hoping tomorrow life gets more back to normal. 

**Disclaimer – The Houston Chronicle may charge a fee to read this article. **

The Gulf Coast’s oil and gas industry had only slight effects from Hurricane Beryl.

Happy Tuesday! Now that the Gulf Coast area has begun cleaning up from Hurricane Beryl and crews are trying to get the power back on, we thought you would like some positive news. 

Did anyone happen to read the Oil & Gas Journal’s Daily Update Newsletter on July 8, 2024, their article titled, “Hurricane Beryl has minimal impact on US Gulf oil, gas operations”?  The article was on the US Gulf Coast oil and gas industry and what they did to prepare for Hurricane Beryl and some updates on how they weathered the storm!  Marathon Galveston Bay Refinery prepared for the storm and had minimal power trouble which caused some flaring.  Phillips 66 prepared the areas operations for the hurricane, so had no real impacts as of this story. ExxonMobil prepared for the storm and made changes to its operations to ensure no real productions disruptions. Chevron stated production in the area was at typical levels, nonetheless they made adjustments to personnel on their offshore facilities.  As for other offshore companies like Shell and ExxonMobil they made adjustments to the personnel and prepared for the incoming hurricane.  Port Houston was closed Monday and today, but is expected to resume operations Wednesday, July 10, 2024, see their website for details.  It is good news the Gulf Coast oil and gas industry fended so well through Hurricane Beryl with good preparation, evacuating unnecessary personnel, and making adjustments to their operations should help prices and production capacity stay stable or have only slight effects.  If you would like to read more of Oil & Gas Journal’s article, please click the link: Hurricane Beryl has minimal impact on US Gulf oil, gas operations | Oil & Gas Journal (ogj.com).

On another note:  The City of Houston has opened cooling centers, please click the link for details: Welcome to the City of Houston eGovernment Center (houstontx.gov).

How can we help you reduce your greenhouse gas emissions on your liquid petroleum product transportation system? We can help update your emission controls or look to see what is under your feet to help lower your emissions, contact us via email in the blog and check out our ESC's website!

We hope you have a wonderful evening! We hope your power turns back on soon! 

**Disclaimer: You may be charged a fee to read the Oil and Gas Journal’s article. **

Beryl has unleashed his wrath on the Houston area and its surrounding neighbors, and here’s the update!

Happy Monday!  We hope Hurricane Beryl left minimal marks on you!  Mostly down limbs, trees, and a few broken windows by us, so we are feeling very fortunate!   We still have power nonetheless many people down the street don’t!  We know it is very different from our normal Blog, nonetheless our community needs to bond together and help each other to move past this memorable day!  We thought you might like a place to get some update links for information.

Did anyone read The Houston Chronicle’s Newsletter on July 8, 2024, their article titled, “Live updates: Beryl leaves Houston airports non-operational, 2M without power”?  This article is in regard to the updates on the current situation in the Houston and the surrounding areas and the damage Beryl left on the areas.  The good news in Beryl is no longer a Category 1 Hurricane it has been lost strength and has been categorized a tropical storm and is moving away from the area.  The National Weather Service office has released for our area what to expect until tonight is we will have intermittent rain and wind.  The city and county have requested for people to stay off the roads until the roads are clear.  The two big airports are non-operational according to the article this morning, nonetheless they were expected to resume operations this afternoon; please check your carrier for their departure and arrival schedule.  CenterPoint has crews working on the transmission lines, and they are restoring power to approximately 2.2 million customers slowly.  Here’s an updated link to check your area; CenterPoint Energy - Outage Center (gisoutagetracker.azurewebsites.net) or check out the Whataburger App.   We have out of state help, who came into the area to help with the cleanup of our ravaged cities and counties prior to today which include the Red Cross as well as others. Here’s the link for the Red Cross in case you need help, or you would like to help with the recovery of the area.

A few government agencies have announced closures for Tuesday, July 9, 2024, which include area school districts and universities like HISD, click link for updated list.  We are sure as the day progresses more will join the list.  Here’s the link for Harris County and the City of Houston for updates on closures. If you would like updates from The Houston Chronicle, please click the link: Beryl live updates: Death toll rises to 4 in Houston area (houstonchronicle.com). 

The Ports in the path of Beryl are in recovery mode.  Please click the link for the updated announcements from the Port of Corpus Christi.  Please click the link for update on Port Houston and its terminals and its closures on Tuesday, July 9, 2024.  We weren’t sent any updates on Port Freeport, Galveston Wharves, or any of the other ports in the area, we will update as information comes in. 

 

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 wish you a speedy recovery from the wrath of Beryl and hope you end the week with a bit of luck on your side!  We hope you have a great and productive week!   

**Disclaimer – The Houston Chronicle may charge a fee to read this article. **

U.S. EIA released its Regional Analysis Brief for the East China Sea is now available!

The US Energy Information Administration (EIA) released their Regional Analysis Brief for the East China Sea so check it out on the EIA website. 

See what happened in the East China Sea 2024 Regional 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!

Don’t forget to follow our Blog to hear more on the ever-changing energy and marine industry!

See you next week for another week of the ESC News Blog!  Have a relaxing and enjoyable weekend! 

 

U.S. EIA Monthly Reports for Petroleum Marketing & Others are now available!

Happy Friday!

The US Energy Information Administration (EIA) released their Monthly Reports for the beginning of July 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) - July 2024 With Data for April 2024 (eia.gov).

See what happened in the Monthly Densified Biomass Fuel Report 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 move your liquids!

Don’t forget to follow our Blog to hear more on the ever-changing energy and marine industry!

See you next week for another week of the ESC News Blog!  Have a relaxing and enjoyable weekend! 

U.S. EIA Weekly Updates for Petroleum & Other Liquids and Natural Gas are all now available!

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 July 5, 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).  *Note new numbered weren’t released this week; will be released July 11, 2024.

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 on the ever-changing energy and marine industry!

Have a fun, safe, and relaxing weekend!  See you next week for another week of ESC News Blog!

Happy 4th of July!

 We here at Energy Specialists Consulting we wish America, “ Happy Birthday!”  

We wish everyone a wonderful and fun holiday!  Enjoy the wonder barbecued foods and beer! Have a good laugh with your friends and family! Enjoy the fireworks!  Happy Independence Day! 

Midwest Carbon Express Carbon Capture and Sequestration Pipeline jumps a hurdle!

Happy Wednesday! 

We love a follow-up, yet alone good news.  We blogged on Summit Carbon Solutions back in March 2023 and the hang-ups they had progressing their CO2 pipeline.  They were in the news earlier in June due to a favorable ruling from North Dakota’s Supreme Court. Now they are in the news again for something positive which progresses the project, even more!

Did anyone happen to read the Oil & Gas Journal’s Daily Update Newsletter on June 28, 2024, their article titled, “Summit gets Iowa approval of 18-milion tpy CO2 pipeline”?  The article is about Summit Carbon Solutions’ application for their 18-million tonne/year Midwest Carbon Express Carbon Capture and Sequestration (CCS) Pipeline project and its favorable final decision by the Iowa Utilities Board (IUB) last week.   After a lengthy hearing process with hundreds of witnesses and exhibits the IUB gave a favorable final decision with stipulations including they must get North and South Dakota’s approval of the route and sites in their respective states before starting construction in Iowa as well as a few others before they issue the final permit.  Summit Carbon Solutions is in process of filing in South Dakota for their permit which is expected to be filed in July.  Summit Carbon Solutions has expanded their pipeline with the addition of Poet, LLC and Valero Renewable Fuels Co., LLC, and filed an additional permit with the IUB with a public hearing possibly toward the end of the year.   If you would like to check out the article from the Oil and Gas Journal, please click the link: Summit gets Iowa approval of 18- million tpy CO2 pipeline | Oil & Gas Journal (ogj.com).

Summit Carbon Solutions’ Midwest Carbon Express CCS Pipeline project is expected to cross five states and cover approximately 2,000 miles.  The pipeline will end in North Dakota where the carbon dioxide will be stored underground in geologic formations.  The Midwest Carbon Express Carbon Capture and Sequestration (CCS) Pipeline proposed route. 

If you would like to read the Iowa Utilities Board (IUB) or should we say the newly renamed  Iowa Utilities Commission’s (IUC) final decision, please click the link: IUB approves Summit Carbon's hazardous liquid pipeline application withmodifications | Iowa Utilities Commission.

Our team of experts have experience in helping you move your liquids to underground storage and navigating the permitting process, so if you would like to start a project, today!  Check out our website!

We would like to wish everyone a “Happy 4^th of July!”  and for those lucky enough to be off and those who are not, “Enjoy your day and the yummy holiday food!”

**Disclaimer: You may be charged a fee to read the Oil and Gas Journal’s article. **

 

SPR’s Northeast Gasoline Supply Reserve has announced the buyers for their gasoline just in time for Independence Day!

Happy Tuesday!  

At this point, you know how we enjoy writing follow-ups to our Blog!  We spoke on the Northeast Gasoline Supply Reserve (NGSR) having a sale on approximately 42 million gallons of gasoline back in May with delivery by June 30^th. 

Did anyone happen to read the DOE’s CESAR Updates Newsletter on July 2, 2024, their update included an announcement for, “U.S. Department of Energy Award Contracts for the Sale of Northeast Gasoline Supply Reserve As Americans Hit The Road for Summer Driving Season”?  In the DOE’s updates, they speak about the five companies who were the winners of the liquidation sale of gasoline from the Northeast Gasoline Supply Reserve’s facilities.  There were 19 proposals from five companies were filed for the May RFP, and all the companies had bids accepted.  Contracts were signed by the following companies and their respective acquisitions: BP (500,000 barrels), George W. Warren, LLC (100,000 barrels), Vitol (200,000 barrels), Freepoint Commodities (200,000 barrels), and Irving Oil (98,824 barrels).  The mean price of the gasoline sold was $2.34 per gallon which will reduce retail prices mostly in the Northeastern states of the U.S.  The respective companies collected their gasoline from one of the two locations of the NGSR by the end of June, and the gas hit the market to reduce costs for the upcoming 4^th of July holiday which is one of the biggest road trip days.  If you would like more information on the DOE’s CESAR Update on the NGSR, please click the link:   DOE Awards Contracts for the Sale of Northeast Gasoline Supply Reserve as AmericansHit the Road for Summer Driving Season | Department of Energy.

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 Announcement from the DOE for specifics on the gasoline liquidation. **

TAE’s fusion technology may be the clean energy OLCV is looking for!

Happy Monday and welcome back to another week of ESC News Blog!

Did anyone happen to read the Oil & Gas Journal’s Energy Transition Update Newsletter on June 20, 2024, their article titled, “Oxy’s low carbon ventures subsidiary signs MOU to explore fusion energy for DAC”?  The article was on the signing of the memorandum of the understanding (MOU) between Oxy Low Carbon Ventures (OLCV) and TAE Technologies for the possible commercial application of TAE’s Power Solutions to OLVC’s Direct Air Capture (DAC) facilities. TAE’s Power Solutions is fusion technology which is emission-free, uninterrupted and ready when needed power.  Fusion happens in a reactor when nuclei collide and produce energy as a by-product, and this makes the steam which then causes a turbine to spin to make electricity for a generator to use as electricity or heat.   OLCV will have to use different clean energies depending on the location of their DAC.  OLCV and TAE Technologies collaboration will help OLCV’s mission of helping clean up carbon dioxide from our air, nonetheless they need power to work their equipment and TAE’s fusion technology will help them be clean there!  If you would like to read more of Oil & Gas Journal’s article, please click the link: Oxy’s low carbon ventures subsidiary signs MOU to explore fusion energy for DAC | Oil & Gas Journal (ogj.com).

How can we help you reduce your greenhouse gas emissions on your liquid petroleum product transportation system? We can help update your emission controls or look to see what is under your feet to help lower your emissions, 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. **