Your Weekly Energy News Roundup Stay up to date with the latest energy news! US ENERGY UPDATE | December 7, 2023 View this email in your browser Woodside Energy, Santos in Merger Talks to Create Global Energy Giant Woodside Energy WDS  and Santos STO said they are discussing a merger that could result in a new global giant worth around $52 billion, illustrating how rising demand for natural gas in the wake of the Ukraine war is reshaping the energy sector. Read More Billionaire Harald Link’s B.Grimm Power Is Betting Big On Renewable Energy For Future Growth On the sidelines of the Forbes Global CEO Conference, Harald Link, chairman of storied B.Grimm group, methodically describes the rapid repositioning of one of Thailand’s oldest companies for a low-carbon future: After three decades of firm footing in Thailand’s power business, B.Grimm is embarking on a massive expansion drive to capture growth opportunities in renewable energy outside its home turf. Read More  Texas Will Have to Cut Methane Emissions from Oil Fields Under New Federal Climate Rule Most of the methane emissions in the U.S. come from the energy sector — especially in Texas, the nation’s largest oil and gas producing state which currently lacks a strict rule to capture escaping methane emissions from energy infrastructure. The Permian Basin in particular is a major methane hotspot, and operators there have long been criticized by environmental groups for failing to ensure equipment isn’t venting huge quantities of methane into the atmosphere. Read More Possible Hydrogen Tax Rules Spark Worry Over Plug Power The stories said the new rules would require that green hydrogen made with electrolyzers using water would have to be connected to new sources of clean energy — new wind or solar farms, for instance — to qualify for the tax credit. That would not allow for, say, a green hydrogen plant to be powered by existing hydro-electric resources and still claim the tax credit. 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 © 2023 US Energy Update, All rights reserved. Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.