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EnLink Midstream, LLC (NYSE: ENLC) has announced the successful achievement of its methane emissions intensity reduction target, exceeding expectations by completing it a year ahead of schedule. The company highlighted this accomplishment in its 2023 Sustainability Report, demonstrating its commitment to environmental responsibility.
Indian energy companies are collaborating to secure crucial supplies from international markets. This strategic move aims to ensure energy security amidst global challenges.
Reliance Industries, an Indian conglomerate, has received permission from the United States to resume oil imports from Venezuela. This comes after the US re-imposed sanctions on Venezuela’s oil sector in April. Reliance was a major buyer of Venezuelan crude before the initial sanctions in 2019 and had been seeking authorization to resume imports since then. The news was first reported by Bloomberg.
BKV Corporation, the largest natural gas producer in the Barnett Shale, has released its third annual Sustainability Report, highlighting its commitment to environmental initiatives and progress towards achieving net zero emissions. The report details the company’s closed-loop approach, including its CCUS operations, carbon-neutral gas product, and Pad of the Future program, demonstrating BKV’s dedication to sustainability and responsible energy production.
Fisher Vineyards, a Napa Valley winery, has been recognized by the Propane Education & Research Council (PERC) with the prestigious Energy for Everyone Hero Award. The winery’s commitment to sustainability and reliance on propane for key operations, including wildfire protection and energy independence, earned them this distinction.
India’s power ministry is likely to revise its peak electricity demand projections upwards after a record-breaking heatwave pushed demand to unprecedented levels. The ministry acknowledges that the current projection of 384 GW by 2031-32 might be an underestimate and could even reach 400 GW. To meet this increased demand, India’s power generation capacity will need to be significantly boosted, with a focus on both thermal and renewable energy sources.
The Indian government has significantly increased the windfall tax on domestically produced crude oil, raising it to ₹6,000 per tonne. This move is likely to impact oil companies and could have broader implications for the energy sector. Further details and analysis are expected.
India’s External Affairs Minister S Jaishankar met with Qatar’s Prime Minister and Foreign Minister, Mohammed bin Abdulrahman bin Jassim Al Thani, in Doha, reviewing bilateral relations with a focus on trade, investment, energy, and people-to-people ties. The meeting also included discussions on regional and global issues, including the situation in Gaza.
PFES, a leading provider of strategic consulting services for the Energy and Utility sectors, has been recognized by Engineering News-Record (ENR) as one of the Top Program Management Firms in the United States. This marks PFES’s continued growth and success in the industry, as it also climbed to #46 on ENR’s list of Top 500 Design Firms.
