Your Weekly Energy News Roundup Stay up to date with the latest energy news! US ENERGY UPDATE | February 29, 2024 View this email in your browser Woodside Energy Annual Net Profit Falls 74%, Payout Ratio Steady The annual result is the first by Woodside since the collapse of talks with Santos over a merger that would have created a global gas giant worth some $57 billion. Woodside pursued a deal because it believes that demand for liquefied natural gas will remain strong as governments push for an end to coal use and seek reliable energy supply. Read More  The Next ‘Texas Miracle’ is Coming By 2050, Texas’ energy output could surge by as much as 59%, propelled by both hydrocarbon and renewable sources. This expanded production would generate 4 million new jobs here in Texas, creating opportunities for more Texas families to share in this economic growth. Read More  $160 Million Grant to go Toward Funding Louisiana's Energy Transition, Creating New Jobs Louisiana is the epicenter of the energy transition for our country," Louisiana Energy Transition Engine Principal Investigator Andrew Maas said."This is a testament from our federal government that Louisiana is important to our energy security and infrastructure for our country." Read More This Bill Shifts Costs to Utahns for Wildfire Insurance Claims and Keeping Coal Plants Running A bill moving through the Utah Legislature would give Rocky Mountain Power a powerful incentive to keep its coal plants in the state running: Utah customers would assume the costs and risks. Read More Subscribe to the US Energy Update The US Energy Update was created to keep the public informed about the wide range of energy news which comes from the diverse and fast-paced energy industry. Our mission is to provide a compendium of interesting and insightful news relevant to energy industry professionals and observers.   Subscribe Today Copyright © 2024 US Energy Update, All rights reserved. Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.