Blog
Since days when shale oil and gas technologies were discovered, the U.S. energy industry has been evolving more rapidly than ever before. Many changes are amazing especially when you put them on an industry map. At Rextag not only do we keep you aware of major projects such as pipelines or LNG terminals placed in service. Even less significant news are still important to us, be it new wells drilled or processing plants put to regular maintenance.
Daily improvements often come unnoticed but you can still follow these together with us. Our main input is to “clip it” to the related map: map of crude oil refineries or that of natural gas compressor stations. Where do you get and follow your important industry news? Maybe you are subscribed to your favorite social media feeds or industry journals. Whatever your choice is, you are looking for the story. What happened? Who made it happen? WHY does this matter? (Remember, it is all about ‘What’s in It For Me’ (WIIFM) principle).
How Rextag blog helps? Here we are concerned with looking at things both CLOSELY and FROM A DISTANCE.
"Looking closely" means reflecting where exactly the object is located.
"From a distance" means helping you see a broader picture.
New power plant added in North-East? See exactly what kind of transmission lines approach it and where do they go. Are there other power plants around? GIS data do not come as a mere dot on a map. We collect so many additional data attributes: operator and owner records, physical parameters and production data. Sometimes you will be lucky to grab some specific area maps we share on our blog. Often, there is data behind it as well. Who are top midstream operators in Permian this year? What mileage falls to the share or Kinder Morgan in the San-Juan basin? Do you know? Do you want to know?
All right, then let us see WHERE things happen. Read this blog, capture the energy infrastructure mapped and stay aware with Rextag data!
America's Climate Plan: Challenges and Hopes and Shift Away from Fossil Fuels
The future once seemed optimistic for America’s climate ambitions, with rapid growth in renewable energy propelling the nation toward a cleaner, more sustainable future. However, a sobering reality has begun to sink in: despite some progress, the transition from fossil fuels is slowing down, and global emissions continue to rise.
These 8 US States Now Get Most of Their Renewables: Solar, Wind and More
Last year, a Pew Research Center survey revealed that 67% of Americans are in favor of developing alternative energy sources. Similarly, an Eligo Energy survey indicated that 65% of U.S. consumers are prepared to pay a premium for renewable energy. According to Mordor Intelligence, the U.S. renewable energy market is projected to reach 434.5 GW in 2024, with further growth expected at an annual rate of 10.01%, reaching 700.15 GW by 2029.
Renewable Energy and Decarbonization: From Renewable Diesel to Electrofuel, Biofuel and Geothermal Power
Renewable diesel, a cousin to traditional petroleum diesel, stands out as a standalone fuel and a blendable option. In 2022, it accounted for about 8% of all U.S. biofuel production and 9% of its consumption. For decades, diesel has been the stalwart choice for both shippers and carriers, valued for its reliability. Yet, as sustainability becomes a priority, these industries are now navigating the complex world of alternative fuels. This shift has its challenges; the array of choices comes with varying information about availability, cost, performance, and environmental impact. Amidst these options, renewable diesel is gaining traction.
ONEOK Buys Magellan for $18.8 Billion: Overview of the Huge M&A Deal in the Pipeline Industry
In May, ONEOK (OKE) made an announcement regarding its acquisition of Magellan Midstream Partners LP (MMP) for a total value of $18.8 billion, which includes cash and stocks. This move drew attention as it positions ONEOK, primarily known for its involvement in the provision, gathering, and processing of Natural Gas (NG), to become one of the largest pipeline companies in the United States. The acquisition also allows ONEOK to expand its services by including Oil (CL), another significant energy commodity.
BP Has Acquired Archaea Energy for $4.1 Billion Developing Its bioenergy business
BP acquired renewable natural gas (RNG) provider Archaea Energy Inc. for $4.1 billion on December 28, marking a milestone in the growth of BP’s strategic bioenergy business. The acquisition, announced in October, was finalized following BP’s completion of regulatory requirements and Archaea obtaining shareholder approval.
All-in: Chevron Invests $3 Billion in Alternative Fuels
With the purchase of Renewable Energy Group Inc. for $3.15 billion, Chevron makes its largest investment in alternativefuels. This turn in investments highlights the shift in the world’s attitude toward climatechange. Since oil companies contribute heavily to global #emissions, governments and investors are increasingly urging them to reduce their #carbonfootprints and join the fight against emissions. As state and federal subsidies to decarbonize fuels increase, U.S. refineries have likewise increased the production of renewable diesel. In line with this, by 2050, Chevron aims to cut gas emissions to zero.
White House aims to enforce new sustainability standards in American aviation
White House guns for sustainability, bringing new standards in fuel production to the table. With President Biden’s bid to reduce aviation emissions by 20% by 2030, sustainable aviation fuel #SAF became one of the primary focuses. Aviation is set to change toward a zero-carbon sector. However, to make this transformation aircraft manufacturers, airlines, fuel producers, airports, and the Federal government will have to work together. Therefore we decided to see for ourselves what this new course has in store.