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NeuVentus Receives Storage Permits for its Texas Reliability Underground (TRU) Hub Salt Cavern Storage Project

LCG, April 4, 2025--NeuVentus, LLC ("NeuVentus") announced this week the receipt of a final order from the Railroad Commission of Texas (RRC) that grants a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases (including natural gas and hydrogen) and liquids at its Texas Reliability Underground Hub ("TRU Hub") salt cavern storage project located in Liberty County, Texas.

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X-energy and Dow Submit Application to the NRC to Construct an Advanced Nuclear Project in Texas

LCG, March 31, 2025--Dow and X-Energy Reactor Company, LLC ("X-energy") today announced the submission of a construction permit application to the U.S. Nuclear Regulatory Commission ("NRC") for a proposed advanced nuclear project in Seadrift, Texas. The proposed advanced small modular reactor ("SMR") project could begin construction later this decade and commence operations early next decade.

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Industry News

New Brunswick Power Plant to Be Built at Oil Refinery

LCG, Oct. 24, 2003--A 90-megawatt cogeneration plant has been planned by TransCanada Corp. and Irving Oil Ltd., which owns the Saint John, New Brunswick oil refinery.

The two companies envision a tolling arrangement under which TransCanada will own the Grandview cogeneration plant, while Irving Oil would supply natural gas to fuel the plant and purchase both the electricity and heat it generates. The agreement is scheduled for a 20-year period.

The plan was first announced in July 2002, but this week's announcement indicated that construction should begin next month, with operations planned to start before the end of 2004.

Irving Oil's Saint John refinery is the largest in Canada. The company will obtain natural gas for Grandview from the Sable Offshore Energy Offshore Energy Project, next to Nova Scotia.
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