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EPA Issues Class VI Well Permits to ExxonMobil for Carbon Capture and Storage Project in Texas

LCG, October 21, 2025--The U.S. Environmental Protection Agency (EPA) today issued three final Underground Injection Control (UIC) Class VI permits to ExxonMobil for their Rose Carbon Capture and Storage (CCS) Project located in Jefferson County, Texas. Under the Safe Drinking Water Act, these permits allow ExxonMobil to convert three existing test wells permitted by the state to carbon dioxide (CO2) storage injection wells for long-term storage.

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Holtec Receives New Nuclear Fuel at Palisades for Planned Restart

LCG, October 20, 2025--Holtec International announced today that the Palisades Nuclear Power Plant site in Michigan has received new nuclear fuel – 68 assemblies in total – that achieves a major milestone on the path to restarting the plant. The 800-MW facility was shutdown and decommissioned in 2022 due primarily for economic reasons; however, Holtec is progressing towards restarting the original unit by the end of this year, pending all necessary federal regulatory reviews and approvals. Achieving a successful restart of a shutdown nuclear unit will be a historic first for the nuclear industry.

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Industry News

Electricity Traders Form Trade Association

LCG, November 5, 2002Several energy traders have created an association in order to fortify themselves against unstable energy markets.

Amerex Group, GFI Group, APB Financial LLC, Natsource LLC, Prebon Energy, Starsupply Petroleum LLC, and TFS Energy LLC recently joined forces to form the Energy Brokers Association.

These groups want to show that they are setting standard, reliable trading practices and intend to work with outside companies and government bodies.

The association has mentioned it will work to specify the purpose and activities of over-the-counter traders, among other issues.

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