U.S. Secretary of the Interior Doug Burgum and U.S. Secretary of Energy Chris Wright will return to CERAWeek this month, along with dozens of energy executives and innovators. Photos courtesy CERAWeek.

CERAWeek returns this month, March 23-27, and will once again bring leading energy executives and government officials to Houston.

The 44th annual event will again host U.S. Secretary of Energy Chris Wright and U.S. Secretary of the Interior Doug Burgum.

Wright will participate in a plenary session focused on energy policy with Daniel Yergin, conference chair and vice chairman of S&P Global, on March 23. The following day, he will be featured in the Celebrating 10 Years of U.S. LNG reception with Jack Fusso, president and CEO, of Cheniere Energy. Both events are part of the Executive Conference track.

Burgum will participate in a leadership dialogue plenary session with Yergin on March 25. It is also part of the Executive Conference track. Burgum is also chairman of the National Energy Dominance Council, established by President Trump in 2025.

Top energy executives, many of whom are based in Houston, will also be featured prominently at the week-long event. Other speakers include:

  • Bill Blevins, director of grid coordination for the Electric Reliability Council of Texas (ERCOT)
  • Trevor Best, CEO of Syzygy Plasmonics
  • Marie Contour Carrere, executive director of the Rice Sustainability Institute
  • Ryan DuChanois, co-founder and CEO of Solidec
  • Reginald DesRoches, president of Rice University
  • Georgina Campbell Flatter, CEO of Greentown Labs
  • Jim Fitterling, chair and CEO of Dow Inc.
  • Vicki Hollub, CEO of Occidental Petroleum Corp.
  • Renu Katon, chancellor and president of the University of Houston
  • Ryan Lance, chairman and CEO of ConocoPhillips
  • Olivier Le Peuch, CEO of SLB
  • Patrick Pouyanné, chairman and CEO of TotalEnergies SE
  • Adrian Tromel, chief innovation officer and interim VP for Innovation at Rice University
  • Bobby Tudor, founder and CEO of Artemis Energy Partners and chairman of HETI
  • Wael Sawan, CEO of Shell plc
  • Lorenzo Simonelli, chairman and CEO of Baker Hughes Co.
  • Mike Wirth, chairman and CEO of Chevron Corp.
  • Jeremy Pitts, managing director of Activate Houston
  • And many others

This year, CERAWeek will center around the theme of Convergence and Competition: Energy, Technology and Geopolitics.

"Change is inescapable," Yergin said in a news release. "The global energy landscape—and to a large extent the entire global economy—is being fundamentally reshaped by the dual forces of convergence and competition. The race for AI is fusing the energy and technology industries like never before, bringing into sharp relief the need to align energy expansion with sustainable economic growth."

"Yet, the potential for collaboration and innovation is increasingly matched by the risk for collision and conflict in a world marked by geopolitical rivalry, tariffs and fragmented supply chains," he continued. "Reconciling an increasingly complex world with the growing demand for energy that is stable, secure and affordable is a complex reality that CERAWeek 2026 will tackle when global energy leaders meet in Houston."

Key topics of discussion will include:

  • Politics, Economics, Trade and Supply Chains
  • Policy, Regulations and Stakeholders
  • Oil Value Chain
  • Power, Renewables, Generation and Grid
  • AI and Digital
  • Minerals and Mining
  • Electrification Technologies
  • Investment and Financing
  • Chemicals and Materials
  • Business Strategies
  • The Innovation Ecosystem
  • Managing Emissions
  • Low-Carbon Fuels and Mobility
  • Climate and Sustainability
  • Workforce Strategy

The CERAWeek Innovation Agora track, which is the program's deeper dive into technology and innovation, will feature thought leadership on "AI, decarbonization, low carbon fuels, cybersecurity, hydrogen, nuclear, mining and minerals, mobility, automation and more," according to the release.

Agora Hubs will return this year and be divided into three zones: new energies, carbon and climate, and AI. The hubs will feature amphitheater-style sessions and panels. Agora Pods will allow energy startups to showcase their ideas in 20- to 30-minute presentations.

Additionally, CERAWeek will introduce a new program this year on Friday, March 27. Known as Look Forward, it will focus on economics, politics and technology.

See the full agenda for the week here. Find more information and register for the event here.

Two Texas companies will deliver crude oil from Dec. 1 through Jan. 31 to the Strategic Petroleum Reserve, the world’s largest emergency supply of crude oil. Photo via Getty Images

DOE taps Texas companies for $56M in Strategic Petroleum Reserve deliveries

reserve refill

Two companies with ties to the Houston area have been awarded federal contracts totaling nearly $55.8 million to supply about 1 million barrels of crude oil for the nation’s depleted Strategic Petroleum Reserve.

Houston-based Trafigura Trading will provide two-thirds of the oil, and Dallas-based Energy Transfer Crude Marketing will provide the remaining one-third. Energy Transfer, the parent company of Energy Transfer Crude Marketing, operates a 330-acre oil terminal at the Houston Ship Channel.

The U.S. Department of Energy (DOE), which awarded the contracts, said Trafigura and Energy Transfer will deliver the crude oil from Dec. 1 through Jan. 31 to the Strategic Petroleum Reserve’s Bryan Mound storage site near Freeport.

The Strategic Petroleum Reserve, the world’s largest emergency supply of crude oil, can hold up to 714 million barrels of crude oil across 61 underground salt caverns at four sites along the Gulf Coast. The reserve currently contains 410 million barrels of crude oil. During the pandemic, the Biden administration ordered a 180 million-barrel drawdown from the reserve to help combat high gas prices triggered by Russia’s war with Ukraine.

The four strategic reserve sites are connected to 24 Gulf Coast refineries, and another six refineries in Kentucky, Michigan and Ohio.

“Awarding these contracts marks another step in the important process of refilling this national security asset,” U.S. Energy Secretary Chris Wright said.

In March, Wright estimated it would take $20 billion and many years to fill the Strategic Petroleum Reserve to its maximum capacity, according to Reuters

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Hitachi Energy will build a new power transformer factory and plans to manufacture infrastructure for the U.S. electric grid. Photo courtesy Hitachi Energy.

Houston energy company to invest $1B in U.S. electric grid manufacturing

grid boost

Hitachi Energy, whose U.S. headquarters is in Houston, has earmarked more than $1 billion to manufacture infrastructure for the U.S. electric grid, which is coping with greater power demand from data centers and AI platforms.

Of that sum, $457 million is dedicated to building a power transformer factory in Virginia. Hitachi Energy said it’ll be the largest facility of its kind in the U.S.

“Power transformers are a linchpin technology for a robust and reliable electric grid and winning the AI race. Bringing production of large power transformers to the U.S. is critical to building a strong domestic supply chain for the U.S. economy and reducing production bottlenecks, which is essential as demand for these transformers across the economy is surging,” said Andreas Schierenbeck, CEO of Switzerland-based Hitachi Energy, which generates revenue of about $16 billion.

The Hitachi announcement aligns with various priorities of the Trump administration. The White House is promoting more U.S.-based manufacturing, more power to accommodate data centers and AI, and greater use of U.S. energy resources.

“If we are going to win the AI race, reindustrialize, and keep the lights on, America is going to need a lot more reliable energy,” U.S. Energy Secretary Chris Wright said.

The Department of Energy has axed federal funding for Houston-area clean energy projects from ExxonMobil, Calpine and Ørsted. Photo via exxonmobil.com

Houston-area clean energy projects lose more than $700M in federal funds

funding cut

The federal government has canceled more than $700 million in funding for three clean energy projects in the Houston area.

In all, the U.S. Department of Energy (DOE) recently wiped out $3.7 billion in funding for 24 carbon capture and decarbonization projects across the country.

Houston-area projects that took a hit are:

It’s unclear how the loss of federal funding will affect the three Houston-area projects.

All $3.7 billion from the DOE was awarded in 2024 and 2025 during the Biden administration—in some cases days before President Trump took office.

“While the previous administration failed to conduct a thorough financial review before signing away billions of taxpayer dollars, the Trump administration is doing our due diligence to ensure we are utilizing taxpayer dollars to strengthen our national security, bolster affordable, reliable energy sources, and advance projects that generate the highest possible return on investment,” U.S. Energy Secretary Chris Wright said in a release.

Advocates for clean energy sharply criticized the DOE’s action:

  • Jessie Stolark, executive director of the Carbon Capture Coalition, said cancellation of the 24 DOE-funded projects “is a major step backward in the nationwide deployment of carbon management technologies. It is hugely disappointing to see these projects canceled — projects that had already progressed through a rigorous, months-long review process by technical experts at DOE.”
  • Iliana Paul, deputy director for the Sierra Club’s industrial transformation campaign, complained that the Trump administration “killed dozens of major investments in American competitiveness, good jobs, and cleaner air to support Trump’s tax cuts and line the pockets of billionaires. These projects were not just pro-climate; they were pro-jobs, pro-innovation, and pro-public health. American workers, fenceline communities, and forward-thinking companies have had the rug pulled out from under them.”
  • Conrad Schneider, senior U.S. director of the Clean Air Taskforce, said the DOE’s move “is bad for U.S. competitiveness in the global market and also directly contradictory to the administration’s stated goals of supporting energy production and environmental innovation. Canceling cutting-edge technology demonstrations, including support for carbon capture and storage projects, undercuts U.S. competitiveness at a time when there is a growing global market for cleaner industrial products and technologies.”
The CERAWeek by S&P Global 2025 programming will focus on energy policy and the reshaping energy landscape. Photo courtesy of CERAWeek

CERAWeek 2025 returns to Houston featuring U.S. energy policy leaders

coming soon

CERAWeek by S&P Global will bring together energy leaders from around the world for its 43rd annual conference next week, March 10–14, at the Hilton Americas Houston.

U.S. Secretary of Energy Chris Wright and U.S. Secretary of the Interior Doug Burgum will headline the conference with plenary addresses focused on strengthening global energy security.

Wright’s company, Liberty Energy, is also an investor in Houston-based geothermal company Fervo Energy. Burgum also chairs the newly formed White House National Energy Dominance Council and was previously the governor of North Dakota.

"We are very pleased to welcome Secretary Wright to CERAWeek as he leads the Department of Energy and guides U.S. energy policy with the tremendous array of responsibilities that affect American national and energy security," Daniel Yergin, conference chair and Vice Chairman of S&P Global said in a news release. "His insights on the future of U.S. energy policy will be an important and timely contribution to critical dialogues at this year's conference about the technological, market and geopolitical factors that are shaping the global energy landscape."

Yergin added in a separate release: "As the cabinet secretary responsible for federal lands and resources and chairman of the National Energy Dominance Council, (Burgum’s) views on U.S. energy policy and security have tremendous impact. Moreover, he brings in-depth experience of having been governor of a major energy-producing state. His participation will be a timely and important addition to the critical dialogues taking place at this year's conference."

This year, CERAWeek will zero in on the theme “Moving Ahead: Energy strategies for a complex world,” and will consider how changes in policy, technology and geopolitics are reshaping the energy landscape.

Some of the speakers include:

  • Mike Wirth, chairman and CEO of Chevron Corp.
  • Laurence D. Fink, founder, chairman and CEO of BlackRock
  • Murray Auchincloss, CEO of bp plc
  • Vicki Hollub, president and CEO of Oxy
  • Ryan Lance, chairman and CEO of ConocoPhillips
  • Wael Sawan, CEO of Shell
  • Lorenzo Simonelli, chairman and CEO of Baker Hughes
  • John Hess, CEO of Hess Corporation
  • Scott Kirby, CEO of United Airlines
  • And many others

CERAWeek's key themes this year tackle power, grid and electrification, renewables and low-carbon fuels, the capital transition, innovation technology, climate and sustainability and others topics.

The CERAWeek Innovation Agora track, which is the program's deeper dive into technology and innovation will feature thought leadership "transformational technology platforms in energy and adjacent industries ranging across AI, decarbonization, low carbon fuels, cybersecurity, hydrogen, nuclear, mining and minerals, mobility, automation, and more," according to the release.

The "Agora Hubs" will return and will focus on climate, carbon and new energies.

The 2024 CERAWeek addressed topics like funding the energy transition, geothermal energy, AI and more. Registration for 2025 is available now.

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Greentown names 5 climatech startups to manufacturing accelerator

Catalyst Cohort

Greentown Labs has named five climatech startups to its Go Make 2026 cohort, including one from Houston.

Greentown Go Make 2026 is in partnership with Shell Catalysts & Technologies and Technip Energies. Startups will be able to collaborate with leadership from Shell and Technip and have opportunities to work directly with their process engineering teams and develop potential partnerships, pilots and demonstrations, according to Greentown.

This year's manufacturing cohort focuses specifically on process technology and catalytic innovations, which, according to Greentown, have the potential to be a "critical enabler of the global energy transition." Greentown shares that 90 percent of chemical processes depend on catalysis, but traditional methods rely on fossil fuels and consume significant amounts of energy.

“Catalysis underpins the majority of industrial chemical processes, which together account for a significant share of global emissions, making it a critical lever for reducing carbon intensity while improving performance,” Georgina Campbell Flatter, CEO of Greentown, said in a news release. “Greentown Go Make 2026 is designed to close the gap between breakthrough innovation and industrial deployment. By connecting startups with Shell and Technip Energies’ technical expertise and global scale, we’re helping accelerate solutions that improve efficiency and drive industrial decarbonization.”

The five Greentown Go Make 2026 companies include:

  • Houston-based Biosimo, which makes scalable biochemicals from ethanol
  • Missouri-based Catalyxx, which transforms bioethanol into drop-in, cost-competitive, carbon-negative chemicals
  • Sydney, Australia-based HydGene Renewables, which produces low-carbon hydrogen and industrial chemicals from waste biomass
  • Switzerland-based TreaTech, which turns waste into renewable gas, water and minerals through catalytic hydrothermal gasification
  • California-based Unifuel, which has developed a chemical technology platform to make sustainable aviation fuel, renewable gasoline and other renewable chemicals

The cohort will be celebrated at a kickoff event in Houston at The Ion on June 9.

In addition to Greentown Go Make, Greentown also runs its Go Move (transportation), Go Energize (energy and electricity), Go Build (buildings), and Go Grow (food and agriculture) cohort-based programs. The climatech incubator announced its Go Build 2026 cohort in March. Read more here.

Houston developer launches AI-powered water platform to boost efficiency

eyes on AI

Houston real estate company McCord Development has launched an artificial-Intelligence-run water management platform, MizuWatch.

MizuWatch aims to help operators, districts, and municipalities detect leaks faster, reduce water loss and improve efficiency, according to the company. MizuWatch pulls data from supply sources, smart meters, historical usage and maintenance records, and combines them into a single platform. The AI system also uses visual mapping and digital twin technology to deliver near-real-time system insights.

“MizuWatch brings the right data together daily, so teams can see what’s happening now, intervene earlier and focus their resources where they have the greatest impact,” Jerzy Wielgus, chief product officer for MizuWatch, said in a news release.

MizuWatch was built to “scale across geographies and system sizes to help assist with water scarcity, aging infrastructure, and operational complexity,” according to the company. It was developed at Houston’s Generation Park, McCord’s 4,300-acre master planned commercial district. McCord was able to pilot the platform onsite to help manage its complex, real-world water systems at scale.

“Resilient infrastructure is a key factor for the companies choosing Generation Park,” Ryan McCord, CEO of McCord Development and Founder & CEO of MizuWatch, added in the release. “We made the decision to deploy smart meters, but no one knew how to use the data they generate. This is an opportunity across all infrastructure where sensors are deployed. What started as an internal solution has become a platform we believe can help stakeholders everywhere be more efficient in their operations, investment, and compliance.”

Last fall, Eli Lilly and Co. selected Generation Park for its $6.5 billion manufacturing plant. More than 300 locations in the U.S. competed for the factory. Bristol Myers Squibb Co., another pharmaceutical giant, also announced it is considering Generation Park for a new manufacturing hub earlier this month.