Alaska ANWAR Drilling in Trump Tax Cuts
Posted by Staff Writer on 12/20/2017 to
Energy Industry
Alaska ANWAR Drilling in Trump Tax Cuts
Creation of Thousands of Jobs
IncSmart Alaska (Small Business and Startups) - Alaska ANWAR drilling is in the Trump tax cuts. The Artic National Wildlife Refuge is the last petroleum frontier. ANWA has been a battle ground between the Federal government and state government for years. Who controls the 19.4 million acres of state resources. President Trump just gave 1.5 million acres back to the state of Alaska. The area open to business is known as Area 1002. The vast majority of ANWA will remain untouched by energy companies.
(0) Comments
Nuclear Expansion in Georgia
Posted by Staff Writer on 12/16/2017 to
Energy Industry
Nuclear Expansion in Georgia
Toshiba Replaces Bankrupt Westinghouse
IncSmart Georgia (Small Business and Startups) - Vogtle nuclear power plant expansion in Georgia is receiving some resistance. Called the best economic choice for customers who can benefit form a carbon free source of energy. Georgia Power, one of the co owners of Vogtle, has received a total of $3.68 billion in payments from Toshiba. Toshiba is the parent company of Westinghouse, a major contractor in the expansion. Toshiba also announced a conditional commitment of $1.7 billion in additional loan guarantees from the US Department of Energy (DOE).
Wind Farm On New Mexico Boarder
Posted by Staff Writer on 12/15/2017 to
Energy Industry
Wind Farm On New Mexico Boarder
The Largest Wind Project In The State
IncSmart New Mexico (Small Business and Startups) - New Mexico is building a wind farm on it's boarder with Texas. The $865 million Sagamore Wind Project is planned for rural eastern New Mexico is should be online by the end of 20202. The plant will power 194,000 homes. Sagamore will be the largest wind farm in New Mexico. It will provide more that 520 megawatts of power. Southwestern Public Service already operates the state 's largest plant called the Roosevelt Wind Project, a 250 megawatt location which went online in December 2015.
Global Technical Systems Virginia Expansion
Posted by Staff Writer on 12/6/2017 to
Energy Industry
Global Technical Systems Virginia Expansion
Manufacturing Company To Create 1,100 Jobs
IncSmart Virginia (Small Business and Startups) - Global Technical Systems (GTS), is expanding in Virginia. GTS was founded in Virginia Beach in 1997. They plan to build a $55 million, 500,000-square-foot manufacturing center in the city, which includes the creation 1,100 jobs with an average annual salary of $74,000. The new plant will build an electro-mechanical energy storage system operation. This storage system will produce and distribute100 percent of green energy.
Higher Wyoming Oil Prices
Posted by Staff Writer on 11/30/2017 to
Energy Industry
Higher Wyoming Oil Prices
Office of State Lands and Investments Exceeding Revenue Goal
IncSmart Wyoming (Small Business and Startups) - Wyoming oil prices climb higher. Officials with the Wyoming Office of State Lands and Investments say the state has made $60 million from oil and gas lease sales this year. These fees exceed the states revenue goal. Oil prices hit close to $60 a gallon last week. This is a great sign for Wyoming oil producers, and all oil sand and oil shale resources in Utah, Colorado and Wyoming. The most viable areas in the world for oil and gas are located in America: Texas - 1st, Oklahoma - 2nd, North Dakota - 3rd, West Virginia - 5th, Kansas - 6th, and Wyoming - 9th.
Vietnam Signs Energy Agreement with Virginia
Posted by Staff Writer on 11/12/2017 to
Energy Industry
Vietnam Signs Energy Agreement with Virginia
Trump and Overseas Private Investment Corporation
IncSmart Virginia (Small Business and Startups) - Vietnam signs energy agreement with Virginia. The new energy projects between PetroVietnam Gas and AES Corp. were signed for the Son My liquefied natural gas terminal project. The Virginia based energy company AES is located in Arlington Virginia. The agreements were signed in the Presidential Palace in Hanoi. This is critical investment into Vietnam's energy infrastructure and supply. AES will invest its equity portion of approximately $400m.
Alaska and China Sign Pipeline Deal
Posted by Staff Writer on 11/10/2017 to
Energy Industry
Alaska and China Sign Pipeline Deal
Trump Project Estimates $43 Billion Investments
IncSmart Alaska (Small Business and Startups) - Alaska and China's largest state oil company Sinopec,
sign a natural gas pipeline deal. The agreement was signed as both U.S. President Donald Trump and Chinese President Xi Jinping. The estimated investment for project would be $43 billion. This new pipeline would rival the trans-Alaska oil pipeline.
West Virginia Shale Gas Development
Posted by Staff Writer on 11/10/2017 to
Energy Industry
West Virginia Shale Gas Development
China Energy Shale Deal During Trump Visit
IncSmart West Virginia (Small Business and Startups) - West Virginia and China Energy joins partnership to develop shale gas in the Appalachians. The China Energy shale deal was reached during the Trump visit. This partnership is part of the US-China Business Exchange trade mission. The mission expands the relationship between West Virginia and China. The investment will be for power generation, chemical manufacturing, and underground storage of natural gas liquids and derivatives. This is the largest investment in West Virginia's history, which is home to one of the world’s largest shale gas reserves. West Virginia is a key energy producing state.
Shale Gas Found in New Mexico
Posted by Staff Writer on 8/8/2017 to
Energy Industry
Shale Gas Found in New Mexico
British Petroleum Purchases 33,000 Acres
IncSmart New Mexico (Small Business and Startups) - British Petroleum may have found shale gas in Northwest New Mexico. The discovery means the Mancos Shale, named after Mancos Colorado, could become one of America's top shale producing area The Mancos Shale is part of the San Juan Basin. the basin stretches from New Mexico and Colorado. British Petroleum purchased 33,000 acres from Devon Energy. British Petroleum plans to open a new office for the unit in Denver.
Texas Pipeline from Permian Basin
Posted by Staff Writer on 8/3/2017 to
Energy Industry
Texas Pipeline from Permian Basin
Corpus Christi ports and refinery looking for boom.
IncSmart Texas (Small Business and Startups) - Permico Energia, a new energy startup company, hopes to build a $2 billion, 510 mile natural gas liquids pipeline. The energy company is based in Houston Texas and has offices in the District of Columbia. The pipeline will move oil from the Permian Basin in West Texas, to a port access facility and refinery in Corpus Christi. The company has funding commitments from South Korean investment banks and pension funds totaling $800 million.
South Florida Requires Solar Panels
Posted by Staff Writer on 7/19/2017 to
Energy Industry
South Florida Requires Solar Panels
New Law Goes Into Effect on September 18
IncSmart Florida (Small Business and Startups) - Building a new house in South Miami will now require builders to install solar panels. This groundbreaking solar panel mandate is an advancement for affordable energy. New homes larger than 1,100 square feet are now requires to install solar panels. Housing includes single family homes, townhouses and multi-story residential buildings. South Miami becomes the fourth U.S. city that requires new homes to be installed with solar panels. San Francisco, Lancaster, Sebastopol, and Santa Monica have similar solar energy building laws.
Louisiana Builds New Power Plant
Posted by Staff Writer on 6/29/2017 to
Energy Industry
Louisiana Builds New Power Plant
Power Plant Utilizes by Natural Gas
IncSmart Louisiana (Small Business and Startups) - Entergy Louisiana request for a new power plant has been approved by the Louisiana Public Service Commission. Construction of the new plant is expected to begin next year. Estimated cost of the plant is $872 million dollars. The new power plant wil be powered by natural gas. The power station will be built in Westlake, near Lake Charles Louisiana. The 994 megawatt plant should be in service by June 2020.
Gas Prices in Oklahoma
Posted by David Oliver on 6/15/2017 to
Energy Industry
Gas Prices in Oklahoma
Oklahomans are Enjoying the Nation's Lowest Gas Prices.
IncSmart Oklahoma (Small Business and Startups) - Car owners in Oklahoma are enjoying the nation's lowest gas prices average statewide. The price for a gallon of gasoline was $2.05 Monday, but the lowest price at the pump is under two dollars at Oklahoma City and Tulsa outlets. U.S. production is expected to reach 10 million barrels a day in 2018, almost close to or breaking records set in 1970 record. U.S. demand for gasoline consumption is down 1 percent from last year.
New Coal Mine in Pennsylvania
Posted by David Oliver on 6/9/2017 to
Energy Industry
New Coal Mine in Pennsylvania
Make Coal Great Again
IncSmart Pennsylvania (Small Business and Startups) - Is the war on coal over? The U.S. added 400 coal mining jobs during May and the first new mine is opening after 6 years of decline. The Corsa Coal Corp. will supply coal used in making steel and is expected to generate up to 100 fulltime jobs. This coal is called metallurgical coal. Metallurgical coal a niche market that is only between 5 percent and 10 percent of coal production. Metallurgical coal operates independently of the market for power-generating coal. Corsa hopes to open another metallurgical coal mine next year, and a second in 2019.