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The Scottish Government has granted joint venture partnership between Ørsted, Simply Blue Group and Subsea7, the developers of Salamander floating offshore wind farm…
The UK government has raised the maximum prices it is willing to guarantee developers of wind power projects in a bid to reinvigorate investment in renewable energy and keep its ambitious decarbonization targets on track. The increase, announced on July 23rd, underscores the challenges faced by clean energy developers contending with inflation, rising interest rates, and strained supply chains.
Pipelines are the unsung backbone of the global energy system–quietly moving billions of barrels of oil and trillions of cubic feet of gas with unmatched efficiency, reliability, and scale. In the U.S., they handle nearly 70% of all petroleum shipments, or over 14 billion barrels annually, without the headlines or volatility of seaborne trade. What makes pipelines indispensable isn’t just cost or carbon footprint; it’s continuity.
China has started construction of what would be the world’s largest hydropower dam. Chinese Premier Li Qiang on July 19 led a ceremony marking groundbreaking for the Motuo Hydropower Station, a project with an estimated cost of $167 billion that could generate as much as three times the electricity of the 22.5-GW Three Gorges project. […] The post China Breaks Ground for World’s Largest Hydropower Station appeared first on POWER Magazine.
Energy services firms Saipem and Subsea7 have signed a binding merger agreement to create a leading energy services company under the name of Saipem7, which will…
AGA Newsroom True Blue Blog Where energy conversations come to life. America’s natural gas utilities are working alongside state governments and businesses to deliver more energy to consumers, support manufacturing, and ensure reliable energy for data centers across the country. The natural gas industry is a driving force fueling the economy of the future and is leading the way within the energy sector for the speedy delivery of adequate and affordable fuel to facilities that are being built tod
(World Oil) – TotalEnergies has announced the start of production from the BEGONIA and CLOV Phase 3 offshore Angola projects, which together will add a total of 60,000 bpd of new production. The two subsea tie-back projects will deliver additional production leveraging available capacity on existing FPSOs, TotalEnergies stated, citing added benefits of low marginal costs and low carbon intensities.
The One Big Beautiful Bill Act (OBBBA) has changed the game for renewable energy developers. With fewer subsidies to fall back on, developers are being pushed to rethink where and how they build projects. It’s no longer about chasing tax credits, it’s about finding the projects that can stand on their own two feet. Here are five of the biggest shifts developers should have on their radar when building their pipeline and project strategy post-OBBBA. 1.
The One Big Beautiful Bill Act (OBBBA) has changed the game for renewable energy developers. With fewer subsidies to fall back on, developers are being pushed to rethink where and how they build projects. It’s no longer about chasing tax credits, it’s about finding the projects that can stand on their own two feet. Here are five of the biggest shifts developers should have on their radar when building their pipeline and project strategy post-OBBBA. 1.
Global energy technology company SLB has been awarded a technologies and services contract for carbon storage site development in the North Sea by the Northern Endurance Partnership (NEP)…
Kinder Morgan Inc. (KMI) delivered a strong second-quarter performance, reporting a 24% increase in net profit as natural gas demand continues to drive growth across its pipeline and infrastructure business. The company posted $4.04 billion in revenue for Q2, representing a 13.2% year-over-year increase , and beating MarketBeat’s consensus by 550 basis points.
(World Oil) – Global supply of liquefied natural gas is set to surge the most since 2019 next year, primarily driven by production additions in North America, the International Energy Agency said. The increase in supply will accelerate to 7%, or 40 billion cubic meters a year in 2026, following a 5.5% expansion this year, the IEA said in its quarterly gas market report.
India added a record 22 gigawatts (GW) of renewable energy capacity in the first half of 2025 – a 57% jump from the 14.2 GW installed during the same period last year. The new capacity includes 18.4 GW of solar, 3.5 GW of wind and 250 megawatts (MW) of bioenergy, which is generated from plant and animal waste. This marks the country’s highest-ever addition in any six-month period.
In the dynamic landscape of energy markets, accurate load forecasting is essential for informed decision-making. Enverus forecasting solutions have consistently demonstrated exceptional performance, particularly during extreme weather events and critical peak demand periods. Complementing this reliability, our ongoing commitment to innovation has led to significant enhancements in our forecasting models.
The Egyptian General Petroleum Corporation (EGPC) signed a strategic Memorandum of Understanding (MoU) with its partner, the Siemens, DNV, and EnExpert Energy Consortium. It aims to enhance safety levels and improve the efficiency, security, and sustainability of the petroleum pipeline network for crude oil and petroleum product transportation and storage.
(World Oil) – Chevron has completed its $53 billion acquisition of Hess Corporation, having prevailed in an arbitration against ExxonMobil regarding Hess’ offshore Guyana assets, which had delayed the takeover for over a year. offshore operations in Guyana’s Stabroek block. Image: Hess The combined company has one of the most advantaged and differentiated portfolios in the industry, with leading positions in critical energy markets around the world and a high cash margin produc
Norway has major plans to expand its hydropower capacity through expansion projects and new developments. The Scandinavian country, which is well-known for its strong and diverse energy sector, recently announced plans to collaborate with the United States Department of Energy (DoE) to support research and development into hydropower in the two countries.
Corpus Christi’s recent ship channel improvement project deepened the channel to 54 feet from 47 feet and widened it to 530 feet in most places. That enables more efficient transport of crude oil, LNG and other commodities, including ship traffic by very large crude carriers. And it attracted three major pipelines from Permian Basin so that the Port of Corpus Christi became the largest energy exporter in the U.S. and the third largest in the world.
U.S. oil and gas major Chevron completed its $53 billion acquisition of Hess on Friday, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the biggest oil discovery in decades.
(Oil Price) – Demand for electricity from data centers handling AI technology drove the price of the largest electricity auction in the United States to a new record, exceeding last year’s all-time high by 22%. Organized by PJM Interconnection, the capacity auction covers 20% of American consumers and aims to ensure that there is enough generation to respond to spikes in demand, averting blackouts.
Investments in fusion technology have jumped by $2.6 billion in the year to July, the most since 2022, the Fusion Industry Association said in a new report on Tuesday, noting that the growth in funding for fusion energy companies “is the most striking indicator of the industry’s accelerating trajectory.” The association’s report showed that total funding for fusion efforts has exceeded $9.7 billion since 2021, with more than $2.6 billion raised in the last year alone.
A combined $92 billion in energy and artificial intelligence (AI)-related investments were announced across Pennsylvania last week, with projects ranging from new data centers to natural gas plants and grid modernization efforts. The initiatives could mark a transformative step for both the state, which is emerging as a national tech powerhouse, and the U.S. as leader in the next era of digital infrastructure.
Mirion Technologies, a leading provider of advanced radiation safety solutions, has announced the launch of the Vital Platform. This software offers a single, unified system for accessing data across nuclear power sites to work more efficiently, enhance worker safety, and solve operational challenges faster. The launch includes the platform’s first application, Vital Supervision, designed to […] The post Mirion Technologies Launches Vital Platform for Nuclear Industry appeared first on POW
CorPower Ocean has secured a grant from the EU Innovation Fund to support the development of VianaWave, a pre-commercial 10MW wave energy farm to be deployed off the coast of northern Portugal…
(Oil Price) – Investments in fusion technology have jumped by $2.6 billion in the year to July, the most since 2022, the Fusion Industry Association said in a new report on Tuesday, noting that the growth in funding for fusion energy companies “is the most striking indicator of the industry’s accelerating trajectory.” The association’s report showed that total funding for fusion efforts has exceeded $9.7 billion since 2021, with more than $2.6 billion raised in the last year alone.
In the fast-paced world of clean energy innovation, biomethane is rarely the star of the show. It doesn’t sparkle like solar, boom like batteries, or stir geopolitical intrigue like hydrogen. But quietly, consistently, and with increasing impact, biomethane is doing exactly what many climate technologies still promise to do someday: replacing fossil fuels today.
July 21, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. We are committed to sharing the insights and knowledge that our team gathers to help you stay ahead in this dynamic sector. From mergers and acquisitions to regulatory changes and technological advancements, we cover all the key developments that impact the industry.
The journey of natural gas from the wellhead to our homes and businesses is fraught with challenges, not least of which is the presence of water vapor. This seemingly innocuous component can lead to a host of problems, including pipeline corrosion, hydrate formation that can obstruct flow, and a reduction in the heating value of the gas. For decades, our industry has worked tirelessly to refine the methods and technologies employed to remove this water, and the evolution of natural gas dehydrato
TotalEnergies has started production from the BEGONIA and CLOV Phase 3 projects, adding a total of 60,000 barrels per day of production offshore Angola.
The U.S. Bureau of Land Management announced that it had approved the 30-megawatt Crescent Valley geothermal energy production facility and associated transmission line.
Electricity generation in the United States hit a record high in the first half of the year, as power demand is growing with data center expansion. Electricity provided by utilities in the U.S. rose by 4% in January to June, to an all-time high of 2,188 terawatt hours (TWh) for the period, according to data from clean energy think tank Ember cited by Reuters columnist Gavin Maguire.
Natural gas is a vital energy source for millions of households across the country. It powers stoves, heats homes, and fuels water heaters—but have you ever wondered how it gets from deep underground to your front door? The journey of natural gas from wells to homes is a complex and carefully managed process that ensures safety, reliability, and efficiency.
Oil & Gas 360 – CALGARY, AB , July 22, 2025 /CNW/ – Enbridge Inc. (Enbridge or the Company) announced that it has reached a final investment decision on Clear Fork, a 600 MW solar project in Texas. Clear Fork will be a utility scale solar facility located near San Antonio , with 600 MW of capacity. Construction is underway, and the facility is expected to enter in service during the summer of 2027.
By John Lee. The Ministry of Oil has signed a contract with US-based Schlumberger to increase natural gas production at the Akkas gas field in Anbar province. Speaking at the signing ceremony, Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani, described the project as a major milestone in Iraq's gas development strategy.
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With much of the world’s attention focused on wind turbines, solar panels, and electric vehicles, natural gas has grown in importance as the backbone of modern energy systems. It fuels power plants, heats homes, drives industry, and—through liquefied natural gas (LNG)—connects continents. The newly released 2025 Statistical Review of World Energy highlights just how indispensable natural gas has become, despite mounting pressure to decarbonize.
Offshore Energies UK has today responded to the news that the Department for Energy Security & Net Zero (DESNZ) has increased the strike price caps and extended the duration for wind technologies in the upcoming Allocation Round 7 (AR7) Contracts for Difference (CfD) round. The government has designed CfDs to encourage investment in renewable energy projects, particularly offshore wind farms.
Upstream merger and acquisition (M&A) activity fell sharply in early 2025, although gas deals are proving attractive, according to new research from Rystad Energy Global deal value plunged 39% from the fourth quarter of 2024 to just US$28bn in the first quarter of 2025 – less than half the US$6bn recorded in the same period a year earlier. Although activity has picked up in Africa, Asia and the Middle East, it is not enough to make up for North America’s dominant activity.
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