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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

Newsmakers

William Powers Jr., dean of the University of Texas School of Law in Austin, Texas, has been elected a director of Enron Corp., effective immediately. The company said he will be chairman of a special committee to examine and take any appropriate actions "with respect to transactions between Enron and entities connected to related parties."

James T. Rhodes, a veteran of more than 30 years in the energy industry, has been named to the Duke Energy Corp. board of directors the company. Dr. Rhodes recently retired as chairman, president and chief executive of the Institute of Nuclear Power Operations.

Susan M. Stalnecker, vice president for finance and treasurer of DuPont Corp., has been named to the PPL Corp. board of directors.

Chesapeake Utilities Adds Three Directors
Diversified utility Chesapeake Utilities Corp., has announced the appointment of three new members to its board of directors, all effective November 1.

  • Thomas J. Bresnan will be a Class I director with a term running from 2001 to 2003. He is chief executive of Anaheim, Calif.-based of New Horizons Worldwide Inc.

  • J. Peter Martin becomes a Class II director with a term running from 2001 to 2004. He is the retired founder, president and chief executive of Miami, Fla.-based of Atlantic Utilities Corp.

  • Joseph E. Moore Esq. will be a Class III director and serve from 2001 to 2002. He is a partner in the Maryland law firm of Williams, Hammond, Moore, Shockley and Harrison.

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