Trending Articles

article thumbnail

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.

article thumbnail

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.

Barrel 363
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

153MW/612MWh! CALB Zhijiu Battery Powers the Largest Energy Storage Project in Africa

EnergyTrend

153MW/612MWh! CALB Zhijiu Battery Powers the Largest Energy Storage Project in Africa Recently,CALBprovidedhigh-performanceenergystoragecellsforAfrica'slargeststandaloneenergystoragesystemthe153MW/612MWhRedSandsBatteryEnergyStorageProj.

Energy 130
article thumbnail

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.

Gas 264
article thumbnail

OPEC+, V8 Meetings & The Oil Market: A Short Note

Energy Outlook Advisors

Today's OPEC+ meeting is irrelevant to the oil market this summer. No decision on July's output will be made today; the V8 will decide on Saturday. Here are our expectations and their impact on the oil market: Subscribe now The eight OPEC+ members (The V8) who agreed to voluntary cuts began unwinding them in April. They decided to expedite the unwinding in May and June, likely extending to July.

Oil 200
article thumbnail

DOE Issues Rare Emergency Order to Delay Michigan Coal Plant Retirement Amid MISO Grid Risk

POWER Magazine

The Department of Energy (DOE) has issued an emergency order to delay the closure of Consumer Energys 1,560-MW J.H. Campbell coal-fired power plant in West Olive, Michigan,citing urgent reliability concerns […] The post DOE Issues Rare Emergency Order to Delay Michigan Coal Plant Retirement Amid MISO Grid Risk appeared first on POWER Magazine.

Energy 179
article thumbnail

Goldman Sachs Doubles Down on Bearish Oil Outlook Despite Rising Demand

OilPrice

Goldman Sachs analysts issued yet another update to their oil price forecast, reiterating expectations of weaker prices this year and next, on the back of substantial growth in non-OPEC supplyexcluding U.S. shale. In a note, the analysts said oil production growth from non-OPEC ex Russia ex shale top projects will likely accelerate to 1MB/d over the next two years, adding that natural gas liquids production was also set for a rise over the period, thanks to the launch of new projects in Saudi Ar

Oil 355

More Trending

article thumbnail

Scientific Proof that NatGas has Lowered CO2 Emissions in the U.S.

Marcellus Drilling News

Using hard facts, a post on the Capital Research Center website proves that the change from burning coal to produce electricity to burning natural gas has resulted in a significant decrease in carbon dioxide emissions in the U.S. From 2007 to 2023, American carbon emissions fell by 20 percent from an all-time high, and emissions.

article thumbnail

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.

article thumbnail

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.

147
147
article thumbnail

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.

Oil 353
article thumbnail

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.

Energy 130
article thumbnail

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.

Utilities 253
article thumbnail

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.

195
195
article thumbnail

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.

E&A 130
article thumbnail

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.

Utilities 353
article thumbnail

AI-Driven Automation for Faster Case Resolution with Cisco’s High-Performance Data Center Stretch Database

Cisco: Oil & Gas

Introduction As AI adoption accelerates across industries, businesses face an undeniable truth AI is only as powerful as the data that fuels it. To truly harness AIs potential, organizations must effectively manage, store, and process high-scale data while ensuring cost efficiency, resilience, performance and operational agility.

Casing 90
article thumbnail

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.

IT 249
article thumbnail

US Weekly Oil Data & Global Oil Inventories

Energy Outlook Advisors

US & Global Inventories, US Exports, Imports, and Refinery Utilization (14 Charts).

Refinery 161
article thumbnail

ACCIONA Energía Brings 280-MW Wind Farm Online in Canada

POWER Magazine

ACCIONA Energa has announced the start of commercial operations at the company's 280-MW Forty Mile Wind Farm in Alberta, Canada. The Forty Mile installation is one of Canadas 10 largest wind farms and the largest facility of its kind that ACCIONA Energa has built to date in North America. The post ACCIONA Energa Brings 280-MW Wind Farm Online in Canada appeared first on POWER Magazine.

Operator 130
article thumbnail

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.

Oil 352
article thumbnail

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.

Casing 147
article thumbnail

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.

Energy 239
article thumbnail

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.

article thumbnail

EU’s Largest BESS Project Now Online in Bulgaria

POWER Magazine

A battery energy storage system (BESS) described as the largest deployed to date in the European Union (EU) has been commissioned in Bulgaria. Officials with the country's Ministry of Energy said the 124-MW/496.2-MWh BESS, also the largest in the Balkans, supports the stability of Bulgaria's power grid along with its transition to the use of more renewable energy resources.

Energy 130
article thumbnail

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.

Energy 349
article thumbnail

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.

Energy 157
article thumbnail

Kentucky PSC Approves 214-MW Gas Peaker Plant in Casey County

Marcellus Drilling News

Last November, the East Kentucky Power Cooperative (EKPC), a nonprofit power generation and transmission electric utility with headquarters in Winchester, Kentucky, announced plans to build two new natural gas-fired power plants and convert its two existing coal-fired power plants to burn natural gas (see Kentucky Utility Plans to Build 4 New Gas-Fired Power Plants).

Gas 220
article thumbnail

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.

Energy 59
article thumbnail

Papering Energy: Do Your Contracts Have the Right ‘Power’?

POWER Magazine

I have spent years in law firms and in-house legal departments counseling clients in the energy sector with respect to their contracts and the related process they utilize in papering […] The post Papering Energy: Do Your Contracts Have the Right Power? appeared first on POWER Magazine.

Energy 130
article thumbnail

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.

Oil 343
article thumbnail

Crude thoughts ahead of OPEC+ decision

Oilholics Synonymous Report

The question some in the oil markets are asking is will OPEC+ hike production again over the weekend for a third consecutive month in a row. The Oilholic is not among them - a hike is most likely coming, quite possibly of the same volume seen in the previous two announcements, i.e. 411k barrels per day (bpd). That's because OPEC has quite overtly shifted from defending a price level to protecting its market share, as yours truly said in a BBC interview this morning.

Barrel 157
article thumbnail

Austin Master Services Ohio Frack Waste Cleanup Complete Today

Marcellus Drilling News

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, Ohio, that handles fracking waste by transporting it for disposal. AMS ran into trouble when it ran out of money. The Martins Ferry facility in Belmont County, where waste.

article thumbnail

Natural Gas is Fueling American Emergency and Disaster Response 

American Gas Association

News True Blue Blog Where energy conversations come to life. Every spring, severe weather events have the potential to cause destruction in communities across the country. Floods, tornadoes and tropical storms can all disrupt the delivery of essential energy services but some types of energy are far more resilient than others against natural disasters.

article thumbnail

Avangrid Investing $41 Million to Rebuild NY Grid Infrastructure

POWER Magazine

Avangrid said it would invest $41 million across five projects in New York State to improve the capacity and reliability of the regional power grid. The company, a member of the Iberdrola Group, said the funding for the grid around Ithaca, New York, builds on Avangrids effort to modernize New Yorks electrical and gas infrastructure. The post Avangrid Investing $41 Million to Rebuild NY Grid Infrastructure appeared first on POWER Magazine.

Gas 130
article thumbnail

OPEC+ Unwinding Cuts Leaves Market Miraculously Balanced

OilPrice

The eight OPEC+ nations that contributed to voluntary production cuts are set to meet on Friday to discuss production strategy for July. Commodity strategists at Standard Chartered have predicted that we are likely to see more of the same, with the group adding another 411 thousand barrels per day to July targets and cumulative unwinding now clocking in at 1.4 mb/d.

Barrel 341
article thumbnail

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.

Oil 147