POWER Magazine
MARCH 19, 2025
A virtual power plant (VPP) is a network of decentralized, small- to medium-scale power generating units, flexible power consumers, and storage systems that are aggregated and operated as a single […] The post How Virtual Power Plants Enhance Grid Operations and Resilience appeared first on POWER Magazine.
OilPrice
MARCH 19, 2025
Exxon is planning to boost its oil production regardless of where international oil prices are heading. This comes from a senior company executive who spoke to Semafor this week. It also likely reflects the sentiment across the supermajor segment of the energy industry. After all, thats what the consolidation drive was all about. Exxon announced its plan to take over one of the biggest operators in the shale patch, Pioneer Natural Resources, in late 2023.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
POWER Magazine
MARCH 19, 2025
The energy industry is undergoing a significant transformation, driven by advancements in digital technology and the ever-growing need for real-time data analytics. As energy companies look to modernize their operations, […] The post How Hybrid Cloud and Edge Computing are Transforming the Energy Sector appeared first on POWER Magazine.
OilPrice
MARCH 19, 2025
The chief executives of some of the largest Canadian energy companies called on Canadas main political parties to declare a Canadian energy crisis and key projects in the national interest, which would speed up reforms, planning, and construction of new oil and gas pipelines and LNG terminals. The open letter from 14 CEOs representing the four largest pipeline companies and 10 largest oil and natural gas companies was delivered to Canadas political party leaders on Wednesday.
Marcellus Drilling News
MARCH 19, 2025
This is a big deal. Shipping giant Crowley, with over 170 vessels mostly in the Jones Act fleet and approximately 7,000 employees around the world (employs more U.S. mariners than any other company), announced it has launched a Jones Act-compliant LNG carrier, U.S.-built and crewed, that will carry LNG from Gulf Coast export facilities to. The post Crowley Launches 1st U.S.
OilPrice
MARCH 19, 2025
As the number of depleted and abandoned oil wells in the West Texas Permian Basin continues to grow in the long shadow of the United States shale revolution, associated environmental and public health hazards are ballooning in tandem. From sinkholes to blowouts to persistent leaks, more than a century of oil drilling in the region has left a daunting array of environmental hazards, the Texas Tribune wrote in a collaborative report with InsideClimate News earlier this week.
Marcellus Drilling News
MARCH 19, 2025
An explosive expose appearing on the Daily Caller website confirms rumors from last year that the Biden Department of Energy “intentionally buried” a final draft version of a study that would have undermined its January 2024 decision to pause approvals for liquefied natural gas (LNG) export projects. Last October, we brought you the rumor that.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
Marcellus Drilling News
MARCH 19, 2025
Earlier this month, MDN reported that S&P Global had released Phase 2 of an LNG study that shows U.S. LNG capacity additions would *significantly* lower global GHG emissions compared to the alternatives (see S&P Study: U.S. LNG Would Significantly Lower World GHG Emissions). Phase 1 of the study (last December) found more U.S. LNG exports. The post Research Shows Cove Point LNG Lowered Global GHG Emissions 7 MMt/Yr first appeared on Marcellus Drilling News.
OilPrice
MARCH 19, 2025
Nigerias Dangote Petroleum Refinery has suspended sales of petroleum in the country after it stopped receiving naira-denominated crude cargoes from the state-owned Nigerian National Petroleum Company (NNPC). In a statement on Wednesday, Dangote Petroleum Refinery said it has temporarily halted the sale of petroleum products in naira..to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which are currently denominated in U.S. dollars.
Marcellus Drilling News
MARCH 19, 2025
Yesterday, West Virginia Governor Pat Morrisey stood with the natural resource industry and educational leaders to ask the West Virginia Legislature to pass the Power Generation and Consumption Act (House Bill 2014) to expand data center development in the state. The bill will allow companies to develop independent energy grids using natural resources, including coal.
OilPrice
MARCH 19, 2025
The energy markets could be on the verge of a Black Swan Bull Market, signaling potential volatility and major geopolitical shifts. After a brief lull in military confrontations in the Middle East, tensions are once again escalating between Israel and its adversariesHezbollah, Hamas, Iran, and the Houthis. Recent attention has focused on developments in Syria, where a newly emerging Islamist extremist regime, led by self-proclaimed President Al Jolani, is struggling to maintain control.
Marcellus Drilling News
MARCH 19, 2025
Forbes reports that when Memphis, Tennessees grid couldnt provide all the electricity needed to power Elon Musk’s xAIs new Colossus data center, the company turned to “a quick and dirty solution” of using mobile natural gas turbines.The Forbes reporter says these power plants on wheels are “usually a last resort during emergencies” and not a.
OilPrice
MARCH 19, 2025
Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers of energy commodities to protect themselves against market fluctuations. During times of falling crude prices, oil producers normally use a short hedge to lock in oil prices if they believe prices are likely to go even lower in the future.
Marcellus Drilling News
MARCH 19, 2025
Pipeline giant Williams, owner and operator of the mighty Transco pipeline system, deployed its top executives to speak at last week’s CERAWeek by S&P conference in Houston. On hand at the event were CEO Alan Armstrong, VP of New Energy Ventures, Jaclyn Presnal, and VP of Environmental, Regulatory and Permitting, Mark Gebbia. The three made.
OilPrice
MARCH 19, 2025
Crude oil inventories in the United States saw an increase of 1.7 million barrels during the week ending March 14, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a build of 4.593 million barrels in U.S. crude oil inventories amid a strong gasoline draw.
Malcolm Graham Wood
MARCH 19, 2025
Oil is up this morning against a mix of geopolitics and inventory data. Today DEC announce dividend info and Serica state that the Triton FPSO will remain shutdown for longer than expected following storm damage. And good news from Angus where they receive cash from a conversion and the booster compressor is being installed. The post Oil price, DEC, Serica, Angus. appeared first on Malcy's Blog.
OilPrice
MARCH 19, 2025
The boss of Centrica, the FTSE 100 parent company of British Gas, has seen his pay slashed by almost half for the groups latest financial year. Chris OShea took home 4.3m for the 12 months, down from the 8.2m he received in the prior year. OShea, who has been CEO of the FTSE 100 company since 2020, had previously received 4.49m in 2022. His latest pay packet included a base salary of 845,000, 1.4m from the annual incentive plan and 2m from the long-term incentive plan.
BOE Report
MARCH 19, 2025
Greenpeace must pay a Texas-based pipeline company nearly $667 million in damages for the environmental advocacy groups role in 2016-2017 protests against the Dakota Access Pipeline in North Dakota, a jury said Wednesday.
OilPrice
MARCH 19, 2025
The worlds largest independent oil trader, Vitol, will buy stakes in some upstream assets in West Africa from Eni for $1.65 billion, subject to closing cash adjustments, the Italian energy major said on Wednesday. Eni has been pursuing in recent years the so-called dual exploration model, under which it sells part of its majority stakes to other companies to fast-track oil and gas discoveries to production.
Marcellus Drilling News
MARCH 19, 2025
The environmental left (at least some of them) is finally admitting what everyone with a brain already knows: Solar and wind power cannot meet the rapidly increasing demands for electricity coming from existing and soon-to-be-built AI data centers. What’s a lefty to do? We’ve been telling you (for years) that natural gas-fired power, which is.
OilPrice
MARCH 19, 2025
A federal judge has blocked an Environmental Protection Agency order for the cancelation of some $20 billion in federal funding for energy transition-related projects. Access for the beneficiaries of that funding has also been blocked by the ruling.
CNBC: Energy
MARCH 19, 2025
A jury on Wednesday ordered environmental campaign group Greenpeace to pay more than $660 million in damages to Texas-based Energy Transfer.
OilPrice
MARCH 19, 2025
European ESG funds have invested $134 billion (123 billion euros) in companies actively pushing fossil fuel expansion projects or lacking a credible Paris-aligned coal phase-out plan, in what NGOs Urgewald und Facing Finance say is a massive greenwashing by well over one-third of the 14,000 ESG-labeled funds analyzed. The ESG funds are known as Article 8 and Article 9 funds under the EUs Sustainable Finance Disclosure Regulation (SFDR), adopted in 2021.
EnergyTrend
MARCH 19, 2025
15GWh! Energy Storage Giant Signs Mega Order AccordingtoOfficialAmmount@chunengpai,onMarch17th,GuangzhouZhiguangEnergyStorageTechnologyCo.,Ltd(hereinafterreferredtoasZhiguangEnergyStorage)andXi.
OilPrice
MARCH 19, 2025
Azerbaijan is sending conflicting signals about its readiness for peace in the wake of the announcement that an Armenian-Azerbaijani treaty is ready for signing. Since the two states finalized the treaty text on March 13, talk in Azerbaijan has been far more about war than peace. On the same day that Armenia disclosed the treaty text had been finalized, Caliber.az, a news outlet closely aligned by the Azerbaijani government, published a commentary accusing Yerevan of preparing to launch a milita
EnergyTrend
MARCH 19, 2025
Pylontech Opens First Overseas Factory in Italy to Strengthen European Market Presence OnMarch18,PylonTechnologiesCo.,Ltd.(referredtoas"Pylontech")heldtheopeningceremonyforitsfirstoverseasfactoryinItaly.Theeventwasattendedbylocalgovernme.
OilPrice
MARCH 19, 2025
Privately-managed Chinese ports are accepting sanctioned tankers carrying Russian oil while a non-sanctioned vessel has recently discharged crude that was transferred on it from three smaller ships sanctioned by the U.S. in January, Reuters reports, citing ship-tracking data and sources with knowledge of the operations. The continued arrival of Russian oil highlights the lengths at which some private refiners and ports in China are going to continue buying the cheaper crude from Russia.
Oil & Gas 360º
MARCH 19, 2025
(World Oil) – In its March 2025 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecast crude oil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively flat in 2025. Two new oil developments in Alaska the Nuna and Pikka projects are expected to boost crude oil production in the state after decades of decline.
OilPrice
MARCH 19, 2025
The tariff wars and high spare capacity, mostly from the OPEC+ producers, are skewing the oil price risk to the downside in the medium term, according to Goldman Sachs. While we reduced our Brent forecast range by $5/bbl to $65-80, we expect oil prices to edge up in coming months, and think that market pricing of volatility and of the upside risk from potentially lower sanctioned supply remains too low, Goldman Sachs analysts wrote in a Tuesday note carried by Reuters.
Oil & Gas 360º
MARCH 19, 2025
(Oil & Gas 360) – While prices show bearishness high, activity continues showing UP is the d irection we head needing more oil & natural gas, and a drilling boom. Worries about tariffs and that a recession is where we head is dropping stock and other prices. Uncertainty increasing helped by tariff and Government Shut-Down fears has the NASDAQ down at 17,303.01 today (Figure 1, green line), down 10.4% year-to-date (YTD) and the S&P 500 at 5,521.52 (blue line) down 6.1% YTD.
OilPrice
MARCH 19, 2025
Via Metal Miner The Stainless Monthly Metals Index (MMI) remained sideways, supported by modest increases among most of its components. The index rose by a modest 0.56% from February to March. Meanwhile, nickel prices continued their uptrend. Outokumpu Reduces Stainless Steel Discounts Outokumpu closed out February announcing reductions to a number of stainless steel discounts.
Oil & Gas 360º
MARCH 19, 2025
(Oil Price) –The tariff wars and high spare capacity, mostly from the OPEC+ producers, are skewing the oil price risk to the downside in the medium term, according to Goldman Sachs. While we reduced our Brent forecast range by $5/bbl to $65-80, we expect oil prices to edge up in coming months, and think that market pricing of volatility and of the upside risk from potentially lower sanctioned supply remains too low, Goldman Sachs analysts wrote in a Tuesday note carried by Reuters.
OilPrice
MARCH 19, 2025
Ecuador's state-run oil company, Petroecuador, has declared force majeure at the operations of its SOTE pipeline after a landslide ruptured the pipeline, releasing tens of thousands of barrels of oil. Petroecuador has yet to determine the size of the spill, but has so far removed 225,000 cubic metres of material that collapsed on the pipeline. The company says the force majeure will last up to 60 days in a bid to give it enough time to take all necessary actions to minimise the incident.
Oil & Gas 360º
MARCH 19, 2025
(Oil Price) –The chief executives of some of the largest Canadian energy companies called on Canadas main political parties to declare a Canadian energy crisis and key projects in the national interest, which would speed up reforms, planning, and construction of new oil and gas pipelines and LNG terminals. The open letter from 14 CEOs representing the four largest pipeline companies and 10 largest oil and natural gas companies was delivered to Canadas political party leaders on Wednesday.
Marcellus Drilling News
MARCH 19, 2025
MARCELLUS/UTICA REGION: Are climate lawfare activists trying their hand in Pennsylvania (again)?; OTHER U.S. REGIONS: Michigan claims immunity in natural gas pipeline interference lawsuit; DC Circuit reverses course on vacating FERC approvals of 2 LNG sites; Plaquemines Terminal, the newest kid on the block, boosts U.S. LNG feedgas; NATIONAL: Americas energy grid faces unprecedented threat; The post Other Stories of Interest: Wed, Mar 19, 2025 first appeared on Marcellus Drilling News.
Oil & Gas 360º
MARCH 19, 2025
Weekly Crude Oil Storage as of March 14, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 1.7 million barrels from the previous week. At 437.0 million barrels, U.S. crude oil inventories are 5% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of March 14, 2025.
BOE Report
MARCH 19, 2025
CEOs representing Canadas energy industry released a letter to Canadian federal political leaders outlining an urgent action plan to strengthen Canadian economic sovereignty, through our energy industry. The open letter calls for a rapid, dramatic regulatory restructuring to enable investment in critical oil and natural gas infrastructure across Canada.
Expert insights. Personalized for you.
259 
Let's personalize your content