Shell PLC, a U.K.-based supermajor with its U.S. headquarters in Houston, has decided to adjust its climate targets. The company has eliminated its 2035 carbon intensity reduction goals and has introduced new objectives, such as reducing some of its controversial Scope 3 emissions. These emissions are related to assets and activities not directly owned by…

Energy firms and business organizations are promoting clean hydrogen as crucial for Texas to maintain its status as the global energy hub. However, the road ahead is unclear, and the outcome is uncertain. Hydrogen, the most abundant element in the universe, plays a significant role in hydrocarbons, which power oil and natural gas. It has…

Austin Energy’s proposal to construct a new power plant faced rejection this week from a crucial working group of the city’s Electric Utility Commission. The group cautioned that the project was excessively costly and did not align with the city’s climate objectives. This criticism, although anticipated, further exacerbates the divide between the city-run utility and…

Sunoco LP, based in Dallas, is set to acquire NuStar Energy LP, an oil pipeline and terminal operator, in a substantial $7.3 billion deal. The acquisition aims to diversify Sunoco’s business and secure a crucial segment of its supply chain. By incorporating NuStar’s existing pipelines and terminals for fuel-related products, including oil and ammonia in…

In a significant move, Sunoco LP and NuStar Energy L.P. have jointly declared a definitive agreement, outlining Sunoco’s acquisition of NuStar in a transformative all-equity transaction valued at an impressive $7.3 billion. Under the terms of the deal, NuStar common unitholders are set to receive 0.400 Sunoco common units for each NuStar common unit, implying…

Fort Worth-based company Harnyss is set to revolutionize the hydrogen energy production and storage market with its proprietary technology. Using a patented process, Harnyss offers low-pressure hydrogen storage solutions using non-rare earth minerals, providing a safer alternative to lithium-ion batteries. The technology enables the creation of a hydrogen power system that captures atmospheric water, producing…

North Texas is set to benefit from a significant boost in electric vehicle (EV) infrastructure with the allocation of $85 million in federal energy funding. The North Central Texas Council of Governments is slated to receive $15 million to install 100 new public EV charging stations, along with an additional $70 million earmarked for the…

CPS Energy has successfully finalized an agreement to acquire 150 megawatts of solar power through a new collaboration with a Dallas-based energy company, as confirmed by the city-owned utility on Monday. Genesis Consolidated Industries Holdings Inc. is set to construct the solar farm in Caldwell County, making a significant contribution to CPS Energy’s ambitious goal…