Happy Tuesday!
Well, it is
that time of year in Houston when the oil and gas big wigs, political figures, and
anyone having to do with energy from around the world get together for the S&P
Global’s CERAWeek aka the “Super Bowl of Energy.” This conference has a bit on everything for
those in the Energy sector and a steep price to attend! It does give us a chance to hear what may be
instore for the future of energy!
Did anyone
happen to read Front Page Section of The Houston Chronicle on March 11, 2025,
their article titled, “Gulf Coast gas, AI top CERAWeek opening”? In the article, the CERAWeek conference starts
right out of the gate with a headliner, Chris Wright, the new U.S. Secretary to
the Department of Energy (DOE). The Honorable
Chris Wright spoke on our new administration’s goal of energy dominance or “Drill,
baby, drill!” and the plans of diving deeper into fossil fuels especially
natural gas. Sec. Wright spoke of the much-needed
expansion of its foundation meaning pipelines and LNG plants to get our natural
gas to the world. He gave a vastly different
message than his predecessor Sec. Granholm who wanted the sector to embrace
renewable energy at last year’s CERAWeek to slow climate change. Sec. Wright believes we should embrace all
types of energy due to the amount which will be needed to fuel the Artificial Intelligence
(AI) race, nonetheless he has a poor view of solar and wind. Sec. Wright made a few announcements on
accomplishments his office has already made which include approving a few LNG
projects. The latest project being the
Delfin LNG which is an offshore facility off the coast of Louisiana they were
requesting an extension for their project! His office in the last month has approved an
extension for Golden Pass LNG, approved using LNG as a bunkering fuel, and has
approved the export license for the Commonwealth LNG. We wish the DOE’s office luck
getting the infrastructure for more energy projects approved! If you would like to read more of the Houston
Chronicle’s article, please click the link: Energy Sec. Chris Wright outlines natural gas plan in Houston.
If you would
like help in looking into how to update your liquids terminal, so it runs more efficiently,
safely, and with less of a carbon footprint, contact us via email in the Blog or
our ESC website!
It is Day 8 of
the Houston Livestock and Rodeo, so
please check their website for daily activities and information.
We hope you enjoy your evening!
**Disclaimer: You may be charged a fee to read The
Houston Chronicle’s article. **