Friday, June 14, 2024

U.S. EIA released its Country Analysis Brief for United Kingdom is now available!

The US Energy Information Administration (EIA) released their Country Analysis Brief for United Kingdom check it out on the EIA website.

See what happened in the United Kingdom 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!

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

Have a nice and relaxing evening and weekend! 

U.S. EIA released their Refinery Capacity Report, Wholesale Electricity and Natural Gas Market Data and insights into the Financial Review: 2023!

The US Energy Information Administration (EIA) released their Refinery Capacity Report and Wholesale Electricity and Natural Gas Market Data and insights into the Financial Review: 2023 Annual which were out by June 14, 2024, are all now available from the EIA website. 

See what happened through January 1, 2024, in the Refinery Capacity Report by clicking the link: Refinery Capacity Report - U.S. Energy Information Administration (EIA).

See what happened this month in the Wholesale Electricity and Natural Gas Market Data by clicking the link: U.S. Energy Information Administration - EIA - Independent Statistics and Analysis.

See what insights the EIA has made into the Financial Review: 2023 Annual by clicking the link: Financial Review - U.S. Energy Information Administration (EIA).

We are always here to help with your next liquids project!  Contact us through the Blog or give us a call: 281-901-5554!

We wish the fathers out there, “Happy Father’s Day!”  Have a safe, fun, and relaxing weekend!  See you next week for another week of ESC News Blog!

U.S. EIA Weekly Updates for Petroleum & Other Liquids and Natural Gas are now all 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 June14, 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!

We wish the fathers out there, “Happy Father’s Day!”  Have a fun, safe, and relaxing weekend!  See you next week for another week of ESC News Blog!

Thursday, June 13, 2024

Learnings from the GHPB’s Commerce Club Luncheon from Thursday, June 13, 2024.

Happy Thursday!

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

The speaker was Nataly Marks, she is the President of Triple-S Steel Holdings, Inc.    Ms. Marks was born in Russia and moved to the US to Houston, Texas with her family, when she was 11 years old due to her dad worked in the oil and gas industry.  She pursued a higher education at the University of Texas in Austin.  When she graduated, she started her career in banking and with the help of a mentor she moved up in the banking world   Ms. Marks uses her previous experience from the banking industry is help Triple-S Steel Holdings, Inc.  She was named the President of Triple-S Steel Holdings in February 2024, after working at the family-owned business since 2022, but their work history started when she was a banker at Chase.  

The Triple-S Steel Holdings is a family-owned business which was started in 1960 by Bruce Stein with the help of his wife, Shirley.  Triple-S Holdings began as a small steel distribution yard called Triple-S Steel Supply, and it has grown into the company you see today.  The company has 50 locations located across 4 countries which include the U.S. as well as Colombia, and they have about 2300 employees.  They are one of the biggest steel distributors in the U.S. with over fifty years of experience.  Triple-S Steel Holdings has a diverse product line from the do-it-yourselfer who is repairing his fence to the stadium being built down the street.  Steel is helping build this great country and its infrastructure!

Ms. Marks spoke on the history of Triple-S Steel Holdings, as well as about the economy and challenges of finding and keeping good talent.  The economy has slowed but there is growth in many sectors.  The construction industry is currently down, but data centers and data transmission are still growing.   She spoke on the challenges shared across the room on how do you get and keep good talent.  Ms. Marks suggestions included making sure the person has a good mentor as well as a quality training program.   She believes mentoring is important to grow a good asset for your company, and they help give the person perspective as well as teaches them the business.  Another way to keep talent is pay per performance-based pay, so reward the stronger workers as well as keeping their skills current in technology including Artificial Intelligence.  Lastly, Ms. Marks spoke about building a talent pool by pairing with high schools and universities with internships.  Ms. Marks gave an interesting talk about the economy and keeping and finding good talent.

Thank you, Ms. Marks!  You are an interesting and informative speaker, and we wish you much success at Triple-S Holdings Inc.!

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 July 11, 2024, at 11 a.m.  The speaker will be Phylis Saathoff, Executive Director/CEO, Port Freeport and it should be a good talk on the happenings at Port Freeport. Please check out the website, if you would like to learn more.  July 2024 Commerce Club Luncheon - Greater Houston Port Bureau (txgulf.org).

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!

We hope you have a great and productive rest your week!  

Wednesday, June 12, 2024

GHPB’s Monthly Commerce Club Luncheon – June 13, 2024 – It is a sold-out event!

Happy Wednesday! 

We should mention Commerce Club Luncheon is sold-out this month.  We hope you reserved your place for the Greater Houston Port Bureau's Commerce Club Luncheon at the Houston Marriott South at Hobby Airport tomorrow, Thursday, June 13, 2024.  We are looking forward to the talk from Nataly Marks, President of Triple-S-Steel Holdings, Inc.  If you would like more details, please click the linkJune 2024 Commerce Club Luncheon - Greater Houston Port Bureau (txgulf.org).

We hope to see you there!

If you need help with planning your next liquids project in this low carbon world, contact us via the email in the blog and check out our ESC website!

We hope you have a great and productive week!  Keep dry!

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

Happy Wednesday!

The U.S. Energy Information Administration (EIA) released their Monthly STEO Report for week ending June 6, 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 evening and keep dry!

Tuesday, June 11, 2024

DOE has requested two proposals for a total of 6 million barrels to refill Bayou Choctaw for Fall/Winter delivery.

Happy Tuesday! 

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 6+ million barrels to be delivered in 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 June 7, 2024, their update included, “U.S. Department of Energy Announces New Solicitations to Purchase 6 Million Barrels of Oil for Strategic Petroleum Reserves”?  In the DOE’s updates, the Office of Petroleum Reserves has announced another round of solicitations for purchase for 6 million barrels of sour crude for their reserves at Bayou Choctaw in Louisiana to be delivered the last quadrimester 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 two solicitations to refill this important American asset.    

The first solicitation deadline for proposals is for 1.5 million barrels of sour crude for delivery in September is due June 12, 2024.  The second deadline for proposals is for 4.5 million barrels of sour crude for delivery in the last quarter of 2024 is June 17, 2024.  Please see SPR’s solicitation announcement for details.   

If you would like more information on the CESER update, please click the link:   U.S. Department of Energy Announces New Solicitations to Purchase 6 Million Barrels of Oil for Strategic Petroleum Reserve | Department of Energy.

If you would like further details on the two solicitations for Bayou Choctaw SPR, 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 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! Try and keep dry this evening!

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

 

Monday, June 10, 2024

South Bow Corp., currently a division of TC Energy, will become its own master later in 2024!

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

Did anyone read The Houston Chronicle’s Business Section on June 7, 2024, their article titled, “Pipeline giant to split; Houston gets offices”?  This article is in regard to Canada’s TC Energy Corp. and their shareholders approved a company offshoot called South Bow Corp. who will be publicly traded later in 2024.  TC Energy will be in charge of their natural gas and alternative energy assets, while South Bow Corp. will be in charge of their liquid assets which include over 3,000 miles of crude pipeline. 

South Bow Corp. is currently a division of TC Energy whose profit margin was roughly $727 million in 2023.  The decision to separate the organization was so South Bow Corp. would be able to expand their liquid assets for future growth and its own CAPEX projects per client demand.  South Bow Corp.’s future offices will be in Houston, and they have 60 personnel presently with an expectancy of growing to 100.  Their crude assets include the Keystone pipeline network as well as others in Canada and the U.S. including some here in Texas connecting to the Gulf of Mexico.  We wish South Bow Corp. much luck in expanding their petroleum business.  If you would like to read more of the article from The Houston Chronicle, please click the link: TC Energy to spin off oil pipeline company with Houston headquarters (houstonchronicle.com).

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!  Keep cool!

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

Friday, June 7, 2024

U.S. EIA released its Country Analysis Brief for Canada is now available!

The US Energy Information Administration (EIA) released their Country Analysis Brief for Canada so check it out on the EIA website. 

See what happened in the Canada 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!

See you next week for another week of ESC News Blog!  Have a nice and relaxing evening and 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 June 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) - June 2024 With Data for March 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.

See what happened in the Monthly Photovoltaic Module Shipments Report by clicking the link: https://www.eia.gov/renewable/monthly/solar_photo/.

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!

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 June 7, 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!

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

Thursday, June 6, 2024

IMO's greenhouse gas targets have received the attention of a UK-based chemical tanker owner and operator, and they have placed an order for WindWings!

Happy Thursday!  We are almost done with the first week of June, and school is officially out for the summer!

Back in July of 2023 we spoke in our Blog about the U.N. International Maritime Organization (IMO) weeklong discussion of how the maritime industry may be able to help reduce greenhouse gas (GHG) emissions and they mentioned a few projects in shipping using wind assisted propulsion (WAP) technology.  We wrote about WindWings in March 2024 about its maiden voyage.  Well, they are in the news again!

Well, we read in the gCaptain Daily Newsletter on June 6, 2024, their article titled, “Union Maritime to Equip 34 Newbuilds with Wind Propulsion Technology”.  Did you happen to see it?  The article speaks in regard to WindWings which are giant rigid sails from BAR Technologies will be installed on Union Maritime’s newbuild fleet.  BAR Technologies have shown their rigid sails work and it should save an average of 1.5 tonnes of fuel per wing and has shown there are substantial reductions in CO emissions.  Union Maritime will be installing WindWings on its upcoming tanker fleet which includes 14 LR2s, 12 chemical tanks and 8 MRs. Union Maritime is trying to beat the IMO's greenhouse gas goals with its new incoming fleet.  Furthermore, they have proposed installing dual-fuel LNG engines in around half of upcoming the LR2s as well as other BAR Technologies’ technology will be installed on them.  It appears the WindWings is really starting to take off in the maritime industry.   If you would like to read more of gCaptain’s article, please click the link: Union Maritime to Equip 34 Newbuilds with Wind Propulsion Technology (gcaptain.com).

If you would like to read more about the IMO’s emission goals for the shipping industry, please click the link: 2023 IMO Strategy on Reduction of GHG Emissions from Ships.

If you would like help in looking into how to update your terminal and 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!

**Disclaimer: You may be charged a fee to read the gCaptain’s article. **

Wednesday, June 5, 2024

UASs will be monitoring Chevron’s pipelines and facilities, starting in California!

Happy Wednesday!   

Did anyone receive the Chevron Corporation Newsletter on May 30, 2024, their article titled, “Pipeline aerial patrol reaches new heights”?  The article is in regard to a joint project between Chevron and American Aerospace Technologies, Inc. (AATI) the Federal Aviation Administration (FAA) has approved them to use uncrewed aircraft systems (UASs) in the same areas as manned aircraft, so Chevron is using the UASs to inspect and surveil their pipelines and facilities starting in the San Joaquin Valley in California.  AATI will be using their AiRanger which is a drone with an 18-feet wingspan, it weighs about 220 pounds, uses roughly 8 gallons of aviation fuel in a 12-hour flight in addition the drone is equipped with intelligent sensors and real-time communication therefore response will be implemented quickly by on-the-ground personnel.  The AiRanger has a low carbon footprint compared to manned planes due to it uses a tenth of the aviation fuel used now to monitor pipelines and facilities.  AiRanger has a person at command where he or she keeps an eye on things or make additional passes if something is flagged as well as artificial intelligence (AI) on the UASs to help monitor, inspect, and document in real-time. The AI onboard uses machine learning to learn patterns, so it will improve the things it is identifying as well as alert the pilot at the homebase, if another aircraft is sensed to allow for avoidance tactics.  Well, this sounds pretty neat and with the new methane rules and methane police this should be able to help them be on top of monitoring for leaks and other issues.  If you would like to read more of the article from Chevron Corporation, please click the link: Pipeline Aerial Patrol Reaches new Heights — Chevron.

 

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 –There may be a fee to read the Chevron Corporation article. **

Tuesday, June 4, 2024

Could carbon dioxide be used to help run our next utility power plant?

Happy Wednesday!   

The Department of Energy (DOE) and a group of engineers and scientists think so!

Did anyone read The Houston Chronicle’s Business Section on June 3, 2024, their article titled, “SwRI tests a turbine powered by CO2 – The plant generated electricity for the first time in May”?  This article is in regard to a joint project at the Southwest Research Institute’s (SwRI) called Supercritical Transformational Electric Power (STEP) Demo which is a demonstration power plant which uses supercritical carbon dioxide (sCO) to run a turbine to make electricity, and it has produced power for the first time in May.  The STEP program is heavily funded from the DOE and their goal of finding lower cost power while having a smaller footprint.  The STEP project is being headed by Gas Technology Institute with a collaboration with General Electric and SwRI. 

 

What is supercritical carbon dioxide?  sCO is carbon dioxide in a fluid state due to it is at its critical temperature and critical pressure or the midway point between its gas and solid states, so in a way it is a liquid acting like a gas.  The value of sCO is it may be able to use the carbon captured from industry or carbon capture storage in a closed loop system; in this project they are using heated natural gas to get it to the supercritical state nonetheless they believe they may be able to use any heat source to attain this state.  Carbon dioxide may be our next green technology.

 

The demo power plant cost $169 million to build in San Antonio, and the project is expected to run until next summer with the goal of producing 10 MW by the expiration of the project.  In May, the demo power plant’s turbine which is much smaller than existing steam turbine worked at temperature of 500 and made 27,000 rotations in a minute, and by the end of the Texas summer it is expected to work at temperature of 932⁰ and produce 5 MW of electricity.  STEP project’s power plant is much smaller than current power plants and hold the promise to use existing industry for its exhaust heat to heat the carbon dioxide which should mean no need for a boiler like is used now to make steam this should reduce the size of power plant.  We wish the STEP program much success with this promising project and use of carbon dioxide.  If you would like to read more of the article from The Houston Chronicle on PressReader.com, please click the link: PressReader.com - Digital Newspaper & Magazine Subscriptions.

 

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 – Press Reader.com is a subscription service and may charge a fee to read this article. **

Monday, June 3, 2024

SPR has awarded contracts for the RFP for November 2024 delivery!

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 approximately 42.6 million barrels of oil, and they have lined up purchasing agreements for another 3.3 million barrels to be delivered in October. 

Did anyone happen to read the DOE’s CESER Updates Newsletter for the Strategic Petroleum Reserve on June 3, 2024, their update included, “Biden-Harris Administration Continues to Secure a Good Deal for Taxpayers as Replenishment of the Strategic Petroleum Reserve Progresses”?  In the DOE’s updates, the SPR has announced the awardees for their solicitation for purchase from their May 17, 2024, request.  SPR has accepted contracts for 3 million barrels of crude to be delivered to Big Hill SPR facility in November by the end of the month for the median purchase price of $77.69 per gallon.  Twenty-five proposals were submitted from 7 companies and 3 of the companies won the RFP due to their pricing and their product meeting requirements.  If you would like more information on the CESER update, please click the link:   Biden-Harris Administration Continues to Secure a Good Deal for Taxpayers as Replenishment of the Strategic Petroleum Reserve Progresses | 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 the update from CESER for specifics. **