OilPrice

MARCH 24, 2025

Chinas state oil major Sinopec reported a net profit of almost $7 billion for 2024, which represented a 16.8% In 2024, international crude oil prices fluctuated downward, the domestic transportation industry accelerated the replacement of new energy. decline on the year, attributed to lower oil prices and electric cars.

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Oil Crude Oil Transportation Energy 249

POWER Magazine

FEBRUARY 19, 2024

The […] The post EIA: Solar Will Surge in 2024, Account for More Than Half of New U.S. Installations of new solar power generation capacity this year are expected to nearly double the amount that was built in 2023, according to the U.S. Energy Information Administration (EIA). Capacity appeared first on POWER Magazine.

Energy 312

Energy Energy Offshore 312

EnergyTrend

DECEMBER 5, 2023

Insights and Highlights Summary: ETS 2024 Energy Trend Seminar by TrendForce OnNovember30,2023,ETSEnergyTrendfor2024,hostedbyTrendForceanditsnewenergyresearchcenter,EnergyTrend,successfullyconcludedinShenzhen.Withtheoverarching.

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Energy Energy 265

POWER Magazine

MARCH 28, 2024

this hurricane season. […] The post Coastal Utilities Warned of ‘Potentially Explosive’ 2024 Hurricane Season appeared first on POWER Magazine. AccuWeather’s team of expert meteorologists is warning people and businesses to start preparing for a frenzy of tropical activity that could have major impacts on the U.S.

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Utilities 262

OilPrice

MAY 6, 2025

Iraq, which was Indias top crude oil supplier before 2022 and the flow of cheap Russian oil, unwanted or banned in the West, held in 2024 a market share of about 20% of all crude oil imports into India, the worlds third-largest crude importer. OPECs second-largest producer, Iraq, exported crude oil and petroleum products worth $29.58

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Crude Oil Oil Petroleum 220

EnergyTrend

FEBRUARY 19, 2024

Powering Ahead: 2024 Projections for Growth in the U.S. Energy Storage Market Inthefirsthalfof2023,theU.S.marketexperiencedanoteworthydevelopment,markinganewinstalledcapacityof2.5GW/7.7GWhinenergystorage.However,duetosupplychain.

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Energy Energy 246

Marcellus Drilling News

MARCH 5, 2025

natural gas-directed rigs decreased 32% (50 rigs) between December 2022 and December 2024. The post M-U Rig Count Declined 37% (19 Rigs) from Dec 2022 to Dec 2024 first appeared on Marcellus Drilling News. Energy Information Administration (EIA). The decline was concentrated in the natural gas-rich Haynesville and Marcellus/Utica.

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Natural Gas Gas Energy Energy 236

Marcellus Drilling News

APRIL 21, 2025

marketed natural gas production remained “relatively flat in 2024,” according to the U.S. Energy Information Administration (EIA). Gas production last year grew “by less than 0.4 billion cubic feet per day (Bcf/d) compared with 2023 to average 113 Bcf/d,” according to EIA’s latest Natural Gas Monthly report.

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BCF Natural Gas Gas Energy 219

EnergyTrend

DECEMBER 18, 2023

Anticipating a Surge: Global New Installations in 2024 Projected to Reach 71GW/167GWh, Marking a Robust Year-on-Year Growth of 36% and 43% Influencedbyvariousfactorsliketherapidexpansionofnewenergycapacity,theevolutionofpowertradingmodels,thedecreaseinrawmaterialcosts,andbackingfromnation.

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Energy Energy 242

Marcellus Drilling News

MARCH 12, 2025

the energy industry in 2024 (full copy below). The post Natural Gas Extraction Job Paid Average Wage of $176,800 in 2024 first appeared on Marcellus Drilling News. TIPROs State of.

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Natural Gas Gas Royalty Oil 169

Oil & Gas 360º

MAY 14, 2025

CNX Releases Updated 2024 Corporate Sustainability Report, Announces Shift to Industry-Leading ES…

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Sustainable Sustainability 130

Oil & Gas 360º

MAY 14, 2025

XCMG Machinery Publishes 2024 ESG Report: Pioneering Sustainable Innovation in Global Constructio…

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Sustainable Sustainability 130

OilPrice

APRIL 22, 2025

This is up from an average of two per month before the Trans Mountain expansion and a high of 25 in the fall of 2024, after the expanded pipeline began operation in the spring of last year. After the Trans Mountain Expansion (TMX) was put in service on May 1, 2024, tankers were loaded at a rate of about

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Oil Pipeline Operator 307

OilPrice

MAY 23, 2025

higher compared to 2024. Earlier this year, Kazakhstans energy ministry said that the country plans to produce a total of 96.2 million tons of crude oil and condensate in 2025, or about 2 million barrels per day (bpd), which would be 9.7% Now Kazakhstan will likely top the production plans for the year, Minister Akkenzhenov

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IT Oil Condensate Crude Oil 352

OilPrice

MAY 21, 2025

Global solar power generation jumped by 34% in the first quarter of 2025 from the same period in 2024, according to data from Ember cited by Reuters columnist Gavin Maguire. If the pace of growth is sustained though June, July, and August, solar output is set to top 260 terawatt hours (TWh) in the summer months.

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Sustainable Sustainability 348

OilPrice

MAY 21, 2025

At the end of 2024, Russian President Vladimir Putin urged the Tomtor deposit to be developed, either by Rosneft has taken over control of Vostok Engineering, the company which holds the license for the Tomtor rare earth metals deposit in Yakutia, the Russian national companies registry showed on Wednesday.

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Oil Engineer Engineering Operator 340

POWER Magazine

APRIL 10, 2025

Department of Energys (DOEs) Loan Programs Office (LPO) published a year-in-review article, highlighting accomplishments from 2024 […] The post DOEs Loan Programs Office Offers Game-Changing Possibilities appeared first on POWER Magazine. As the presidential inauguration loomed on the horizon in January this year, the U.S.

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Energy Energy Finance 173

OilPrice

MAY 30, 2025

That edges out the previous monthly record of 13.450 million bpd set in October 2024, and an increase over the 13.153 million bpd in February. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly released monthly EIA data.

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Crude Oil Oil Petroleum Barrel 314

POWER Magazine

APRIL 8, 2025

According toMcKinseys Global Energy Perspective 2024 report, the global energy transition is entering a new […] The post Implementing Decentralization: A Strategic Roadmap for Utilities appeared first on POWER Magazine.

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Utilities Field Energy Energy 147

OilPrice

APRIL 28, 2025

Sinopec, the biggest Chinese and Asian refiner in terms of capacity, saw its 2024 earnings drop by 17% from a year earlier, attributed to lower oil prices and the penetration of electric vehicles. In 2024, international crude Demand for these commodities, as well as for steel, could be further dampened in the months ahead in the U.S.-China

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OilPrice

MAY 5, 2025

backed overthrow of al-Assad in December 2024 by rebel groups led by A sustained and dramatic escalation of its armed forces there, working closely with Iraqs key local sponsor Iran, ensured that Russia continued to benefit from the strategic advantages Syria offered it until the U.S.-

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Pipeline Sustainable Sustainability Oil 358

OilPrice

MAY 14, 2025

in the period April 2024 - February 2025 from a year earlier as domestic production rose by more than 5%, data from the Indian Ministry of Coal showed on Wednesday. Indias coal imports fell by 9.2% Imports of all types of coal fell to 220.3

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OilPrice

APRIL 28, 2025

India bought more Russian ESPO Blend oil in April than any month since August 2024, stepping in to scoop up what weakening Chinese demand for the blend has left behind, Reuters reported on Monday, citing LSEG data.

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Oil 355

OilPrice

MAY 6, 2025

for the first quarter of 2024 and above the North Carolina-based Duke Energy which serves 8.2 million electric utility customers in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky booked adjusted earnings per share (EPS) of $1.76 for the first quarter of the year. This is higher compared to the adjusted EPS of $1.44

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Energy Energy Utilities Gas 311

OilPrice

APRIL 1, 2025

Following snap safety inspections by Russias Federal Agency for Transport Supervision, prompted by the Kerch Strait oil spill in December 2024, Russia ordered on Monday that the SPM-1 and SPM-2 moorings of the terminal of the Caspian Pipeline Consortium (CPC) be shut immediately, CPC said in a statement.

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Oil Pipeline Transportation 348

OilPrice

MARCH 7, 2025

oil production continues, rallying natural gas prices are setting the stage for a rebound in Americas gas output this year, following months of output curtailments in 2024. While the slowdown in U.S. natural gas prices above the $4 per million British thermal units (MMBtu) level, up by 160% in one year.

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Natural Gas Gas Oil 344

POWER Magazine

JULY 11, 2024

during the period from August 2022 through June 2024. More than $106.5 billion in large-scale clean energy project investments have been announced in Republican-held congressional districts in the U.S. The […] The post GOP-Held Congressional Districts Cash in on Clean Energy Projects appeared first on POWER Magazine.

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Energy Energy 290

OilPrice

APRIL 7, 2025

natural gas consumption set new winter and summer consumption records in 2024, highlighting the growing importance of natural gas in the global energy mix. Energy Information Administration (EIA) recently reported that U.S. This surge in consumption comes amid record production levels, even as drilling activity remains subdued.

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Natural Gas Gas Energy Energy 325

OilPrice

MARCH 17, 2025

In 2024, the International Energy Agency issued a call to action for developed nations, urging them to simplify permitting processes for new renewable energy projects. It often takes as

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Utilities Energy Energy IT 328

POWER Magazine

JULY 1, 2024

The Morrow Repower Project, winner of POWER’s 2024 Reinvention Award, exemplified a strategic coal-to-gas conversion at a brownfield site that masterfully combined cutting-edge advanced technology with a The post Morrow Reinvented: HL-Class Gas Turbine Powers a Coal Plant’s Rebirth appeared first on POWER Magazine.

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Gas Natural Gas Engineering Engineer 289

OilPrice

MAY 7, 2025

At the end of 2024, Nigerias regulators finally approved after two years Seplat Energys proposed acquisition of Mobil Producing Nigeria Unlimited supermajor ExxonMobil plans to invest as much as $1.5 Exxon sold last year its onshore assets to local firm Seplat Energy, but is committed to offshore exploration and development in the country.

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Upstream Offshore Petroleum Oil 281

OilPrice

APRIL 4, 2025

Exxons earnings in the upstream segment could be up to $900 million higher in the first quarter compared to the fourth quarter of 2024, due to higher oil and gas prices and timing effects, the supermajor said in an SEC filing. Oil prices in Q1 were lower than in the same period of 2024, but they were higher than in the fourth quarter of 2024.

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Upstream Natural Gas Oil Gas 224

POWER Magazine

SEPTEMBER 5, 2024

Installations of renewable energy projects hit 19 GW of generation capacity through the first half of 2024, more than double the five-year average for that time period, according to a […] The post ACP Report Shows Record-Breaking Quarter for Clean Energy Installations appeared first on POWER Magazine.

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Energy Energy Offshore 279

OilPrice

MAY 1, 2025

Russian Pig Iron Imports Surged in January In 2024, for example, Russian exports exceeded 2.5 This is especially true of metals and minerals, including pig iron and semi-finished steel products, which Russia continues to supply to the European Union. billion (approximately US $2.75

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IT 318

OilPrice

MAY 28, 2025

on the first five months of 2024. Asian LNG importers bought 112.45 million tons of LNG over the first five months of the year, Reuters Clyde Russell wrote this week, citing data from Kpler. This was down 6.2% and most of the decline came from

Natural Gas 273

Natural Gas Gas IT 273

NGT News

APRIL 4, 2023

Highland Electric Fleets, a provider of school bus fleet electrification-as-a-service, says it is partnering with Baltimore City Public Schools (City Schools) to install 25 chargers and deploy 20 Type C electric school buses (ESB) from IC Bus and 5 Type A ESB from Collins Bus during the 2023-2024 school year.

IT 340

IT 340

Marcellus Drilling News

APRIL 15, 2025

One of the significant stories of 2024 in the Ohio Utica was about Austin Master Services (AMS), a radiological waste management solutions company in Martins Ferry (Belmont County), Ohio, that handles fracking waste (trucks it for disposal). AMS ran into trouble when it ran out of money.

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Completion Management IT Energy 278