Big oil companies are experimenting with on-demand services as they explore innovative ways to market their products while keeping up with the energy sector's technological transformation. ExxonMobil has invested $4 million in on-demand fuel startup Yoshi, which operates in more than 20 US cities, while Royal Dutch Shell plans a Houston launch of its Shell TapUp fuel-delivery service, introduced last year in the Netherlands.
At least six states -- Oregon, New Hampshire, North Carolina, Maine, Washington and Maryland -- may be excluded from the Trump administration's final offshore drilling plan, Interior Secretary Ryan Zinke indicated in comments to state officials. He said several of the states lacked significant oil resources.
Venture Global LNG has landed two 20-year contracts to deliver 2 million metric tons of US liquefied natural gas annually to Poland's state-run oil and natural gas company. Venture Global is developing two LNG export facilities in Louisiana, due to come online in 2022 and 2023.
The Energy Information Administration says US crude stockpiles rose by 6.5 million barrels last week -- the fourth consecutive increase -- surpassing analyst expectations for an increase of 1.88 million barrels. Gasoline and distillate inventories plunged by 2 million barrels and 800,000 barrels, respectively.
The Environmental Protection Agency intends to formally propose amendments to the nation's Renewable Fuel Standard by February and adopt the new rules by May, according to a filing with the Office of Management and Budget. The proposed changes include allowing year-round sales of 15% ethanol fuel blends, or E15, and restricting trading of Renewable Identification Numbers.
Nuclear generation was lower in September compared with over the summer as more plants began refueling sooner than expected and some experienced unplanned outages related to Hurricane Florence. However, there have still been fewer unscheduled outages for 2018 than in the last few years.
The South Carolina General Assembly is accepting nonbinding bids for Santee Cooper as lawmakers explore selling the utility company, which was involved in the V.C. Summer project. ICF International will assess any bids on behalf of the General Assembly, likely making a recommendation by the end of February.
Washington state's Department of Ecology approved permits for an Effluent Management Facility at the Hanford nuclear site. The facility is the last major support building needed for Hanford's vitrification plant.
Exelon's Oyster Creek nuclear plant can remove various emergency planning measures starting in September, says the Nuclear Regulatory Commission. This includes eliminating an Emergency Planning Zone.
Although the Trump administration's effort to bail out nuclear and coal plants has stalled, it could still make a comeback, but in a different variation, says an unnamed White House official. "[P]olicies never truly die and a resurrection when Trump is back on the ballot in 2020 remains a distinct possibility," says Rob Rains of Washington Analysis LLC.
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