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EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

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Calpine and ExxonMobil Sign CO2 Transportation and Storage Agreement for CCS Project in Texas

LCG, April 24, 2025--Exxon Mobil Corporation (ExxonMobil) announced yesterday an agreement with Calpine Corporation (Calpine) to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine’s Baytown Energy Center, a natural gas-fired facility located near Houston, Texas. This is part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project that is designed to add CCS for the facility’s CO2 emissions. The Calpine facility could then provide a 24/7 supply of low-carbon electricity to the Texas grid plus steam to nearby industrial facilities.

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Industry News

Massachusetts OKs Southern Union Acquisitions

LCG, Sept. 11, 2000Southern Union Co. said on Friday that the Massachusetts Department of Telecommunications and Energy has approved its acquisitions of Fall River Gas Co. and Providence Energy Corp.

According to the company, all other required approvals have been granted and both transactions are expected to close by the end of the month, after necessary paperwork has been completed.

"The receipt of the Massachusetts approvals marks the final step in consummating these excitingmergers," said Peter H. Kelley, president and chief operating officer of Southern Union Company. "Southern Union is looking forward to implementing its technology-based customer service initiatives in these service territories."

James Dodge, chairman, president and chief executive officer of Providence Energy, said "The approval by the MDTE represents the final regulatory approval necessary to bring our merger with Southern Union to completion. We can now move forward to finalize this transaction, which we expect toclose by the end of September, and begin our exciting new role as their New England hub."

The MDTE also issued an order approving the merger into Providence Energy of its wholly owned subsidiary North Attleboro Gas Co., which serves about 3,800 customers in Massachusetts, near the Rhode island border. That action cleans up the bill of sale for Southern Union's purchase.

Southern Union said its pending acquisition of Valley Resources Inc. had been approved by the Rhode Island Division of Public Utilities and Carriers and is expected to close on September 20.

The three acquisitions will add about 300,000 customers for Southern Union, making it, in the company's words, "one of the fifth largest natural gas distributors in the nation."

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