Velda Addison

Houston

Dallas native living in the Houston area, award-winning journalist now covering #oilandgas @Hart_EPMag, Texas Ex, habitual Target shopper, wife and mom

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Articles

Anti-Renewable Energy Bills Destined for Death in Texas Legislature

5 days ago | hartenergy.com | Velda Addison

Three anti-renewable energy bills that passed in the Texas Senate appeared to be on their death beds in the House as this year’s legislative session drew near its close June 2. Industry advocacy groups, both renewables and fossil fuel advocates, came together to oppose proposed legislation that included senate bills (SB) 715, 388 and 819. The legislation could have derailed renewable energy projects across the state, impacting the electricity grid and prices.
PwC: Energy Sector Falling Short on Emissions Targets

1 week ago | hartenergy.com | Velda Addison

Despite having pulled high-impact emissions reductions levers, fewer energy companies are on track to reach near- and long-term goals, according to a new report by PwC. They aren’t alone. But companies in other sectors appear to be faring better in efforts to shrink Scope 1 and Scope 2 emissions, with some raising climate ambitions as desire fragments among energy players.
US Cancels $3.7B in Biden-Era Clean Energy Awards, Including Exxon’s

1 week ago | hartenergy.com | Velda Addison

The U.S. has terminated awards for 24 clean energy projects doled out during the Biden era by the Office for Clean Energy Demonstrations, saying the projects were not economically viable and would not result in a positive return on investment or advance energy needs. The awards mainly include funding for carbon capture and sequestration and decarbonization initiatives. The list includes a nearly $332 million award to Exxon Mobil Corp.
Energy Transition in Motion (Week of May 30, 2025)

1 week ago | hartenergy.com | Velda Addison

The U.S. is acting on plans to accelerate geothermal energy projects, implementing emergency permitting procedures to fast-track reviews to help fulfill President Donald Trump’s energy dominance agenda.
Quaise Takes Geothermal Tech Deeper, Hotter in Texas Hill Country

1 week ago | hartenergy.com | Velda Addison

Amid the humming of a drilling rig and the chatter of existing and potential investors, prospective offtakers and others, Quaise Energy employees demonstrated how its technology called millimeter wave drilling could revolutionize geothermal energy production. The company, an advanced startup aiming to become a geothermal energy producer, uses millimeter waves generated by a gyrotron to vaporize rock to access hot geothermal resources for energy.
A Critical Time in the Critical Minerals Space

1 week ago | hartenergy.com | Velda Addison

The U.S. is starting to make waves and change landscapes across the critical minerals space. On more than one occasion, President Donald Trump has employed the stroke of a pen to set the U.S. on a path to potentially transform how it sources and produces critical materials, with the aim of reducing its reliance on foreign countries and loosening China’s grip on the global supply chain. Why does it matter?
Energy Transition in Motion (Week of May 23, 2025)

2 weeks ago | hartenergy.com | Velda Addison

Aramco has successfully commissioned a 1-megawatt hour flow battery system to power gas production activities in western Saudi Arabia, marking a world first, the company said May 22. The energy and chemicals company used an iron-vanadium flow battery as a backup solar power source for gas well operations. Developed with partner Rongke Power, the battery flow system can support up to five wells over its projected 25-year lifespan, Aramco said in a news release.
Big Bill Not Beautiful for Clean Energy Passes US House

2 weeks ago | hartenergy.com | Velda Addison

Clean energy advocates are turning to the Senate after the big not so beautiful for clean energy bill narrowly passed the House on May 22, inching closer to what many say could kill jobs, increase energy bills and cripple renewable energy developments. The nearly 1,100-page budget bill, also known as President Donald Trump’s “One Big Beautiful Bill,” essentially guts the Inflation Reduction Act (IRA).
Breaking the Efficiency Barrier: Permian OFS Firms Race to Improve

2 weeks ago | hartenergy.com | Velda Addison

Efficiency gains through improved well designs, drilling and completions (D&C) and tech have led to higher production in the Permian Basin. And some changes have had a greater impact than others, according to panelists who spoke at Hart Energy’s SUPER DUG 2025 Conference & Expo in Fort Worth, Texas. But even some of the most fundamental improvements in D&C have limitations.
US Lifts Stop-Work Order for Equinor’s Empire Wind Project

2 weeks ago | hartenergy.com | Velda Addison

Equinor has been cleared to restart construction of its Empire Wind project offshore New York after the U.S. lifted a stop work order, the company said May 19. The move by the U.S. Bureau of Ocean Energy Management came about a month after the company was ordered by the Interior Department to halt construction until a review of information suggesting the Biden administration rushed through the project’s approval without sufficient analysis.