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Meta Deal With Constellation Will Keep Illinois Nuclear Plant Open

POWER Magazine

Technology group Meta, the parent of Facebook and Instagram, has signed a 20-year power purchase agreement with Constellation Energy to take about 1.1 GW of electricity from Constellation's Clinton Clean Energy Center in Illinois. Meta and Constellation on June 3 said the contract means the power plant will continue to operate beyond its expected closure in 2027.

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Crude Below $65 Squeezes U.S. Shale, Even as Drivers Celebrate

OilPrice

In a market increasingly governed by geopolitical tremors and macroeconomic mismatches, crude oil dipping below $65 per barrel seems like a gift to global consumers. But behind that price tag lies a slow-moving crisis for U.S. shale producers, many of whom are being forced to pull back on production, delay capital projects, and recalculate what sustainability means in a low-margin world.

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New Solar Array Powering Auto Parts Plant in Illinois

POWER Magazine

Toyota Boshoku America (TBA), Onyx Renewables, and key project partners gathered on May 28 for a ribbon-cutting ceremony to celebrate the completion of a 5.7-MW solar project that will fulfill 85% of electricity needs at TBAs Illinois plant with clean, affordable energy. The post New Solar Array Powering Auto Parts Plant in Illinois appeared first on POWER Magazine.

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Supertanker With Russian Oil Anchored Near China Could Signal Weak Demand

OilPrice

A supertanker carrying 2.1 million barrels of Russias Far Eastern ESPO crude grade has been anchored near China for days in what traders say is an unusual pattern that could suggest weaker demand in the Asian market. The Big Star supertanker loaded ESPO from three smaller vessels near Russias Zarubino port in the Far East earlier this month and headed to Chinas port of Jieyang in the southern province of Guangdong, according to ship-tracking data from LSEG cited by Reuters.

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Riyu Photovoltaic Plans Hong Kong IPO, Focusing on PV Silver Paste Manufacturing

EnergyTrend

Riyu Photovoltaic Plans Hong Kong IPO, Focusing on PV Silver Paste Manufacturing OnMay29,theofficialwebsiteoftheHongKongStockExchangeshowedthatJiangsuRiyuPhotovoltaicNewMaterialsCo.,Ltd.hadsubmitteditslistingapplication.BasedinWuxi.

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The UK has finally committed to carbon capture. But not everyone is happy

Energy Transition

After years of setbacks, the UK is finally pushing ahead with two carbon capture and storage projects. While there is scepticism about the technology, says Ros Taylor, its supporters argue the cost is justified if the UK means to reach net zero. UK Prime Minister Keir Starmer visits the carbon capture and storage facility at the Encirc Glass plant. Credits: Number 10 | Flickr, Public domain.

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The Next Wave of AI is Here

Cisco: Oil & Gas

At Cisco, were building the critical infrastructure for the AI era. And the shift from generative to agentic AI is making our work even more important and timely. Well be sharing more at Cisco Live on how we're helping to put our customers at the forefront of AI innovation.

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Overseas Updates: Turkey Launches Anti-Dumping Probe Against China; Thailand Ends Investment Incentives for PV and Related Sectors. Turkey Launches Anti-Dumping Investigation Against Chinese Solar Junction Boxes

EnergyTrend

Overseas Updates: Turkey Launches Anti-Dumping Probe Against China; Thailand Ends Investment Incentives for PV and Related Sectors. Turkey Launches Anti-Dumping Investigation Against Chinese Solar Junction Boxes OnMay25,2025,TurkeysMinistryofTradeissuedAnnouncementNo.2025/8,initiatingananti-dumpinginvestigationintojunctionboxesforsolarpanelsoriginatingfromChi.

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Study Finds Shapiro Energy Proposals a Disaster If Implemented

Marcellus Drilling News

Pennsylvania Governor Josh Shapiro is a typical liberal Democrat politician. He pretends to be moderate and a supporter of the Marcellus industry in the Keystone State. He is neither. Shapiro claims his proposed energy programs will cut costs for Pennsylvanians. The reverse is true. But were not just making blanket, unprovable assertions or opinions about.

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Educating Tomorrow’s Tech Workforce: A New Map for AI-Era Skills

Cisco: Oil & Gas

What happens when AI doesn't replace jobs, but fundamentally transforms how they're performed?

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Is the U.S. Oil Industry Nearing a Tipping Point?

OilPrice

It has been a volatile and unpredictable year in global oil markets, with price signals clouded by a growing list of competing drivers. From geopolitical tensions to macroeconomic shifts, both bullish and bearish forces are at play, making it increasingly difficult for analysts and investors to form a clear outlook. Amid this complexity, one structural factor stands out: U.S. oil production.

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100MWh! Meikesen Energy and Jinko Energy Storage Sign Strategic Cooperation Agreement

EnergyTrend

100MWh! Meikesen Energy and Jinko Energy Storage Sign Strategic Cooperation Agreement OnMay28th,MeikeshengEnergyandJinkoEnergyStoragesignedastrategiccooperationagreementfora100MWhproject.Thetwopartieswilldeepentheircollaborationintheind.

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HUGE Utica News: EOG Resources Buys Encino Energy for $5.6 Billion

Marcellus Drilling News

In February, MDN brought you the rumor that Canadian pension fund CPP Investments, the majority owner of Encino Acquisition Partners (aka Encino Energy), was considering either a sale of the company or possibly an initial public offering (see Shocker: Encino Energy Considers Sale or Possible IPO for $7B). The rumor was right. On Friday, EOG.

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Vanishing Credits | Tax Incentives at Risk in House Bill

Enverus

In a move that could upend the U.S. clean energy buildout, the House has passed the One Big Beautiful Bill Actlegislation that would gut core Inflation Reduction Act tax credits. Enverus Intelligence Research (EIR) estimates over 70% of solar PV and more than 40% of onshore wind capacity, totaling 517 GW out of 801 GW of queued capacity, depends on these incentives.

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UK’s National Grid Investing Billions for Substation Site to Power Data Centers

POWER Magazine

National Grid in the UK has begun construction of a new Uxbridge Moor substation complex in Buckinghamshire, a project designed to connect more than one dozen new data centers to the electricity provider's network. The post UK’s National Grid Investing Billions for Substation Site to Power Data Centers appeared first on POWER Magazine.

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China Looks to Squeeze Russia Out of Kazakh Nuclear Deal

OilPrice

The race to build Kazakhstans first nuclear power plant appears to be tightening. The Russian nuclear entity Rosatom has long appeared to have the inside track on the construction contract, but the China National Nuclear Corp. (CNNC) is coming up on the outside, hoping to win it at the wire.

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Breaking News: OPEC+ V8 decided to increase production ceiling by 411 kbd in July.

Energy Outlook Advisors

Breaking News: Subscribe now OPEC+ V8 decided to increase production ceiling by 411 kbd in July. The impact is limited as we disused in the past (please see previous published Note and Podcasts on the subject). Please contact us if you have any questions. The production ceiling has risen by about 1.37 mb/d. The remaining voluntary cuts is 0.827 mb/d.

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OH Passes Bill (Now Law) to Encourage More Gas-Fired Power Plants

Marcellus Drilling News

In February, MDN told you about a proposed new bill in Ohio, House Bill (HB) 15, which makes significant changes to state energy policy to encourage the development of more in-state electric generation by making it easier (and more cost-effective) to build gas-fired power (see OH Legislators, New Bill, Encourage More Gas-Fired Power Plants). The.

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Moderating panel at Applied Computing's Orbital demo

Oilholics Synonymous Report

Delighted to announce that yours truly will be joining Applied Computing 's Demo Day proceedings on June 10, 2025 at IET London Savoy Place in London, UK. The Oilholic will also be moderating the panel discussion titled - Redesigning Energy: New Technologies Powering the Transition - where we'll explore the critical role of technologies and their potential to help reshape the future of energy, industry, and sustainability.

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Plug Power’s Georgia Hydrogen Plant Sets U.S. Production Mark

POWER Magazine

New York-headquartered Plug Power said the companys hydrogen plant in Woodbine, Georgia, produced 300 metric tons of liquid hydrogen in April of this year, the facilitys highest monthly output to date and a new benchmark for the U.S. hydrogen industry. The post Plug Powers Georgia Hydrogen Plant Sets U.S. Production Mark appeared first on POWER Magazine.

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IAEA Chief Warns of Potential Nuclear Accident in Ukraine

OilPrice

The head of the International Atomic Energy Agency (IAEA) has warned about the ongoing risk of a nuclear accident in Ukraine, saying the "dangers to nuclear safety continue to be very real and ever-present." The presence of IAEA officials at nuclear facilities in Ukraine remains essential to help prevent a nuclear incident, Raphael Grossi said on June 3 after his 12th visit to Kyiv since the start of Russia's full-scale invasion in February 2022.

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Hydrogen Colour Spectrum and Green Hydrogen: A Comprehensive Overview

Energy Central

Hydrogen is categorized by a colour spectrum based on production methods and carbon impact, with green hydrogen produced via electrolysis using renewable energy. As a clean energy carrier, green hydrogen is vital for decarbonizing hard-to-abate sectors and supporting renewable integration. However, scaling it up faces challenges like high costs, limited infrastructure, and technological.

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Explaining the Rise in Electric Bills in PA and Elsewhere in PJM

Marcellus Drilling News

Electricity bills across Pennsylvania (and elsewhere in the PJM grid) are due to increase on June 1, when utilities reset a portion of their charges to reflect the current cost of energy. The increases reflect the rising cost of power on the regional transmission grid.

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US Weekly Oil Data

Energy Outlook Advisors

June 4, 2025 Share Subscribe now EOA’s Main Takeaway Last week's data gives a sense of normalcy: It generally followed historical trends, with higher refinery utilization reducing crude inventories and increasing product inventories. Imports and exports changes were minimal. Crude inputs into refineries was the highest in almost a year.

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DOE Scraps $3.7B in OCED Projects, Upending Carbon Capture Progress at Power Plants

POWER Magazine

The Department of Energys (DOEs) abrupt termination of 24 previously awarded projectsincluding four prominent power-related carbon capture projects will rescind $3.7 billion in financial assistance from its Office of Clean […] The post DOE Scraps $3.7B in OCED Projects, Upending Carbon Capture Progress at Power Plants appeared first on POWER Magazine.

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Chinese Oil Refiners Boost Exports as Domestic Demand Disappoints

OilPrice

Chinas top oil refiners are turning to overseas markets to offset weak domestic demand, pushing ahead with refined product exports despite planned maintenance and uneven profitability, according to new market data. Planned exports for May are set at 304,700 tons, a slight 2.4% decrease from April, driven by lower gasoline and aviation kerosene volumes.

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Oil price, Eco Atlantic.

Malcolm Graham Wood

Oil remains firm, a weak dollar helps. And Eco Atlantic have got approval from the South African authorities for the stake in Block 1. The post Oil price, Eco Atlantic. appeared first on Malcy's Blog.

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U.S. Supreme Court Reigns In Big Green Abuses of NEPA

Marcellus Drilling News

Yesterday, the U.S. Supreme Court ruled that federal agencies conducting environmental reviews under the National Environmental Policy Act (NEPA) must consider only the direct effects of a project rather than its broader impacts. The 8-0 ruling (highly unusual for a unanimous decision) follows years of lower courts demanding broader consideration of the effects of projects.

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Natural Gas: Fueling the Moment 

American Gas Association

News True Blue Blog Where energy conversations come to life. The theme of this years financial forum: natural gas is fueling the moment, declared AGA VP, Membership and Strategic Development Edith Naegele at AGAs 2025 Financial Forum in Marco Island last week. The financial experts, investors, and industry professionals in attendance were clearly in agreement on the strong position of natural gas utilities.

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PG&E, Smart Wires Enhance Grid Reliability, Capacity for California Data Centers

POWER Magazine

Pacific Gas and Electric Company (PG&E) and Smart Wires have announced a project to enhance grid reliability and meet energy commitments for data centers connecting in San Jose, California. North Carolina-based Smart Wires will deploy its advanced power flow control (APFC) technology to help PG&E mitigate thermal overloads, redirect power flow, and increase available capacity at its Los Esteros electric substation.

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Japanese Utility Set to Sign LNG Supply Deal From U.S. Lake Charles Project

OilPrice

Kyushu Electric Power will sign a 20-year supply agreement to receive LNG from Energy Transfers Lake Charles export facility if its development proceeds as planned. The supply deal will be Kyushu Electric Powers first-ever agreement for LNG deliveries from the United States, which will help diversify the utilitys energy sourcing, the company said in a statement on Thursday carried by Reuters.

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Flash blog: Rockhopper

Malcolm Graham Wood

Oil continues to firm, a weak dollar and better supply and demand data is the reason. And Rockhopper has a great independent resource evaluation from NSAI but has lost the OM case. The post Flash blog: Rockhopper appeared first on Malcy's Blog.

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NJ Considers Permits to Expand LPG Storage Caverns in Gibbstown

Marcellus Drilling News

Three years ago, in May 2022, MDN brought you the surprising news that ethane, propane, and butane (NGLs) were being exported from a facility in Gibbstown, NJ, located along the Delaware River, at a former DuPont dynamite factory site (see Former NJ DuPont Dynamite Factory Near Philly Exporting NGLs). It is the same site that.

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How Cisco is closing the gap on accessibility

Cisco: Oil & Gas

GenX and Millennials are aging into disabilitya dynamic that highlights what millions of disabled users already know: the digital world often remains inaccessible. Heres what Cisco is doing to close the gap.

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Tariff Tempest: Renewables’ Route Through the Current Tariff Climate

POWER Magazine

The current state of play for tariffs is creating headwinds and challenges, along with complexity and uncertainty, for global economies and certainly the renewable energy industry. While the renewable energy sector is no stranger to tariffs and the challenge they present, knowing the current status of such tariffs is the first step to developing mechanisms for dealing with them in a way that can give your project the best chance at success.

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Kazakhstan Can’t Make Supermajors Cut Oil Production

OilPrice

Kazakhstan cannot reduce its oil production as it has no right to impose output reductions on international firms that are operating more than 70% of Kazakhstans oilfields, Energy Minister Yerlan Akkenzhenov said on Thursday. The republic has no right to enforce production cuts on the three large international consortiums, Bloomberg quoted Akkenzhenov as saying.

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Oil price, Kistos, Sunda, Jadestone, Tower. And finally…

Malcolm Graham Wood

Oil is up two bucks on the Opec production increase. Kistos has canceled the remaining hybrid bonds and Balder is just round the corner. Sunda has results, Jadestone hire a new CEO and Tower also have figures. The post Oil price, Kistos, Sunda, Jadestone, Tower. And finally… appeared first on Malcy's Blog.

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