POWER Magazine
MARCH 26, 2025
The U.S. Department of Energy (DOE) has reissued a $900 million funding opportunity to accelerate deployment of Generation III+ small modular reactors (SMRs), removing community benefit requirements and shifting the […] The post DOE Reissues $900M Nuclear SMR Opportunity, Scraps Community Criteria to Focus on Technical Merit appeared first on POWER Magazine.
OilPrice
MARCH 26, 2025
The United States is pinning its hopes on reclaiming expenses incurred on Ukraine during its war with Russia by tapping Ukraines vast mineral potential including the development of rare earth element deposits. The problem with this deal is two-fold: one, the deposits in question are mostly within Russian-occupied territory; and two, rare earths are difficult to find lumped together in economic quantities, and even harder to separate into rare earth oxides, that are used in everything from cell p
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POWER Magazine
MARCH 26, 2025
The increasing reliance on battery-powered devices plays a substantial role in the unfolding environmental crisis. With industries and consumers dependent on single-use and rechargeable batteries, the global waste problem continues to escalate. Lithium-ion batteries, while effective, contribute significantly to environmental degradation due to resource extraction, manufacturing emissions, and disposal challenges.
OilPrice
MARCH 26, 2025
British Oil & Gas giant BP Plc (NYSE:BP) has received final approval by the Iraqi government for the redevelopment of the giant Kirkuk oil fields, with an initial plan to produce 3B boe. BP will develop Iraq's Kirkuk oil and gas fields based on a profit-sharing model, Iraqi oil ministry officials have revealed. BP will spend as much as $25B in a deal that will last more than 25 years.
Marcellus Drilling News
MARCH 26, 2025
The Pennsylvania Department of Environmental Protection (DEP) continues to aid and abet radical environmental groups in circumventing the state legislature. In what amounts to a classic leftist sue-and-settle case, last year radical environmental groups (including the Clean Air Council and Environmental Integrity Project) petitioned the state Environmental Quality Board (EQB), asking the board to amend.
OilPrice
MARCH 26, 2025
The mothballed Nord Stream gas pipelines from Russia to Germany may return to service at some point as Europes industry would need some Russian gas to stay competitive, TotalEnergies chief executive Patrick Pouyanne said on Wednesday. I would not be surprised if two out of the four (came) back to stream, not four out of the four, Patrick Pouyanne said at an industry event in Germanys capital city, Berlin, as carried by Reuters.
Marcellus Drilling News
MARCH 26, 2025
AI data centers are increasingly being built in the Southeastern U.S. due to economic, infrastructural, and environmental factors that make the region attractive for such facilities. One key reason is the availability of affordable and reliable energy—i.e., natural gas (mostly from the Marcellus/Utica). The Southeast offers relatively low electricity costs compared to other parts of.
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Marcellus Drilling News
MARCH 26, 2025
The city of New Albany, located in Franklin and Licking counties in Ohio, said it has been notified about plans for multiple natural gas power projects to be located within the Licking County portion of the New Albany International Business Park. The power plants (three of them identified so far) will provide power for nearby. The post Multiple Utica-Fired Power Plants Planned for New Albany, Ohio first appeared on Marcellus Drilling News.
OilPrice
MARCH 26, 2025
An EU ban on transshipment of Russian liquefied gas (LNG) in ports introduced in June 2024, with a deferral granted until March 26, 2025, has finally come into force. The sanctions also prohibit EU countries from providing technical support, brokerage services, and financing for transshipment operations. Similar to previous sanctions, the import ban is intended to disrupt Putins ability to continue financing his war in Ukraine.
Marcellus Drilling News
MARCH 26, 2025
EQT Corp. remains committed to its low-carbon aviation fuel (LCAF) project and the Appalachian Regional Clean Hydrogen Hub (ARCH2) even though federal funding for ARCH2 and other hydrogen hub projects around the country is now in question. EQT CEO Toby Rice told the Pittsburgh Business Times that his company continues to evaluate building a clean. The post EQT Still Committed to ARCH2 Hub Despite Tax Credits, Funding Freeze first appeared on Marcellus Drilling News.
OilPrice
MARCH 26, 2025
The latest Dallas Fed Energy Survey has revealed that activity in the oil and gas sector increased slightly in the first quarter of 2025. The survey found that U.S. oil and gas production increased slightly in the first quarter, with the oil production index moving up from 1.1 in the fourth quarter to 5.6 in the first quarter. Meanwhile, the natural gas production index also improved from -3.5 to 4.8.
Marcellus Drilling News
MARCH 26, 2025
Hope Gas, a large local utility company that provides gas service to more than 131,000 residential, industrial, and commercial customers in thirty-seven West Virginia counties, filed a rate case with the state Public Service Commission (PSC) in August 2024 looking to convert customers who use a farm tap gas system to either propane fuel or. The post Hope Gas Ending Farm Taps May Impact Conventional Wells, Too first appeared on Marcellus Drilling News.
OilPrice
MARCH 26, 2025
U.S. supermajor Chevron has expressed interest in oil and gas exploration in two additional offshore blocks south of the Greek island of Crete, Greeces Ministry of Energy and Environment said on Wednesday. Earlier this year, Greece said that Chevron had expressed interest in exploring the area southwest of the Peloponnese peninsula and to the west of the island of Crete.
Cisco: Oil & Gas
MARCH 26, 2025
Co-authors: Lou Norman and Erich Stokes A golden nugget can be seen as a valuable piece of information that significantly enhances security measures. In cybersecurity, identifying and leveraging such golden nuggets can be crucial for maintaining robust security postures and preventing breaches.
OilPrice
MARCH 26, 2025
Crude oil prices earlier today touched a three-week high, driven by the latest U.S. oil inventory report by the American Petroleum Institute and expectations of tighter supply on Washingtons double-down on oil sanctions against Iran and Venezuela. Brent crude was trading at $73.13 per barrel at the time of writing, with West Texas Intermediate at $69.12 per barrel, after the American Petroleum Institute reported on Tuesday that oil inventories in the county had fallen by 4.6 million barrels in t
Oil and Gas Lawyer
MARCH 26, 2025
I ran across a fascinating opinion from the 10 th Circuit Court of Appeals that provides a window into Wyoming history. Iron Bar Holdings v. Cape , No. 23-8043, decided March 18. The facts are these: Iron Bar Holdings owns a ranch in southwest Wyoming covering 50 square miles. But within its boundaries are some 11,000 acres of federal and state public lands, some of which are completely enclosed by Iron Bars lands.
OilPrice
MARCH 26, 2025
Via Metal Miner Importers and consumers of products containing imported components should stay alert regarding the latest logistics news, as the United States Trade Representative (USTR) plans to hold a public hearing on March 24, 2025, regarding proposed Section 301 port call fees. If implemented, this measure could reshape global shipping dynamics and have far-reaching consequences for international trade with the United States.
Marcellus Drilling News
MARCH 26, 2025
Last week, MDN brought you the great news that Crowley, the largest shipping company in the U.S., launched what is the very first Jones Act-compliant LNG carrier to ferry LNG from the Gulf Coast to Puerto Rico, a U.S. territory (see Crowley Launches 1st U.S. Jones Act LNG Carrier to Serve Puerto Rico). Until now, The post Rest of the Story re U.S. Jones Act LNG Carrier Serving Puerto Rico first appeared on Marcellus Drilling News.
OilPrice
MARCH 26, 2025
The latest round of US sanctions on Iran, which now targets Chinese so-called teapot oil refineriessmall, independently owned facilitiessignals a growing determination to tighten the economic noose around the Tehran administration. With potential consequences reaching far beyond Iran itself, these moves could reshape geopolitics, disrupt the global economy and send shockwaves through energy markets.
Marcellus Drilling News
MARCH 26, 2025
In March 2024, we reported that two Democrats and one anti-drilling RINO who run Bucks County, PA government (a Philadelphia suburb) fell for the bait by Big Green and filed a lawsuit against Big Oil companies for supposedly, knowingly, causing the Earth to toast to a cinder (see Bucks County, PA, Sues Big Oil for. The post Bucks County, PA, Judge Skeptical of Sneaky Climate Lawsuit first appeared on Marcellus Drilling News.
OilPrice
MARCH 26, 2025
On the outskirts of Baku, the smell of sulfur hangs thick in the air. Flares from oil refineries light up the night sky, a constant reminder of the industry that has dominated Azerbaijan for over a century. The country has vast, untapped potential for renewables, particularly wind and solar, which could redefine its energy future. But as the postcard images of Bakus Flame Towers highlight, Azerbaijans energy outlook remains dominated by fossil fuels.
Enverus
MARCH 26, 2025
CALGARY, Alberta (March 26, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing a report on the surge in renewable power purchase agreements (PPAs) taking place since 2020. Driven by tax incentives and growing demand from tech companies, PPAs have intensified market competition in a short amount of time.
OilPrice
MARCH 26, 2025
After separate US talks with Ukrainian and Russian delegations over three days in Saudi Arabia, the United States announced separate agreements with Ukraine and Russia on barring the use of force in the Black Sea and on efforts to halt strikes on energy facilities in both countries, but plenty of obstacles remain on the path to peace.
Malcolm Graham Wood
MARCH 26, 2025
Oil was flat yesterday but has rallied around 50 cents this morning. Today full year numbers from Pharos beat the whisper and the outlook is most exciting. And Reabold have tidied up Colle Santo which seems sensible. The post Flash blog: Pharos, Reabold. appeared first on Malcy's Blog.
OilPrice
MARCH 26, 2025
Chinese gas and clean energy distribution firm ENN Energy Holdings Limited has been valued at around US$11.6 billion (HK$90.50 billion) under a privatization offer from another ENN affiliate, the companies involved in the proposed transaction said on Wednesday. Under the proposed deal, ENN Natural Gas one of the affiliate companies of ENN Energy part of the ENN Group of Chinese billionaire businessman Wang Yusuo will buy the remaining stake in ENN Energy it does not already hold.
Oil & Gas 360º
MARCH 26, 2025
(Oil Price) –U.S. supermajor Chevron has expressed interest in oil and gas exploration in two additional offshore blocks south of the Greek island of Crete, Greeces Ministry of Energy and Environment said on Wednesday. Earlier this year, Greece said that Chevron had expressed interest in exploring the area southwest of the Peloponnese peninsula and to the west of the island of Crete.
OilPrice
MARCH 26, 2025
Europes benchmark natural gas prices fell on Wednesday for a second consecutive day amid milder weather and increasing LNG supply as Chinese demand weakens. Dutch TTF Natural Gas Futures, the benchmark for Europes gas trading, fell by 1.5% at $44.19 (40.92 euros) per megawatt-hour (MWh) as of 9:18 a.m. in Amsterdam on Wednesday. The front-month futures price slid for a second straight day, following a 3% slump on Tuesday after news broke that Ukraine and Russia had agreed to a partial ceasefire
Oil & Gas 360º
MARCH 26, 2025
(Investing) –The U.S. energy sector has had a strong start to 2025, despite macro uncertainty, and Morgan Stanley has updated its models to reflect this. Despite generally cautious investor sentiment on oil markets, the energy sector has had a strong start to 2025, rising 8% year-to-date, outperforming the S&P 500 index by around 10%, according to analysts at Morgan Stanley, in a note dated March 26.
OilPrice
MARCH 26, 2025
Ithaca Energy, the largest oil and gas resource holder in the UK North Sea following the acquisition of Enis UK business, expects its full-year 2025 production to materially increase after it completed the Eni deal. Ithaca Energy, which is now the second-largest independent producer in the UK Continental Shelf after Harbour Energy, expects full-year 2025 production in the range of 105,000-115,000 boe/d, reflecting a full year of contributions from Enis UK assets, the company said on Wednesday in
Oil & Gas 360º
MARCH 26, 2025
(Oil Price) –Chinese gas and clean energy distribution firm ENN Energy Holdings Limited has been valued at around US$11.6 billion (HK$90.50 billion) under a privatization offer from another ENN affiliate, the companies involved in the proposed transaction said on Wednesday. Under the proposed deal, ENN Natural Gas one of the affiliate companies of ENN Energy part of the ENN Group of Chinese billionaire businessman Wang Yusuo will buy the remaining stake in ENN Energy it does not already
OilPrice
MARCH 26, 2025
Kenya expects to launch an oil and gas exploration round for 10 blocks in September, Opiyo Wandayi, the Energy and Petroleum Cabinet Secretary of the East African country, has said. This presents a unique opportunity for investors to explore Kenyas hydrocarbon potential through a transparent and merit-based process, Wandayi was quoted as saying by local outlet The Star.
Oil & Gas 360º
MARCH 26, 2025
(BOE Report) – Phillips 66 is expected to nominate two new directors to its board as the proxy fight with activist Elliott Investment Management intensifies, the Wall Street Journal reported on Wednesday citing people familiar with the matter. NEW MEXICO, USA – JULY 22, 2017: Phillips 66 gas station sign and logo. The Phillips 66 Company is an American multinational energy company.
OilPrice
MARCH 26, 2025
An environmentalist outlet called Oceana has filed a lawsuit seeking to prevent oil and gas exploration and production under 31 licenses for North Sea fields awarded by the UK government back in 2022. Oceana alleges that the granting of those licenses was unlawful because the government ignored expert advice from its own nature advisors when it made the decision to award them, Energy Voice reports.
Oil & Gas 360º
MARCH 26, 2025
Weekly Crude Oil Storage as of March 21, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.3 million barrels from the previous week. At 433.6 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 21, 2025.
OilPrice
MARCH 26, 2025
The U.K.s recent lifting of sanctions on several major Syrian firms particularly those connected to its former cornerstone oil and gas sectors is part of a coordinated strategy by the West to secure the western flank of the Middle East that has unfettered access to the Mediterranean Sea.
Oil & Gas 360º
MARCH 26, 2025
(World Oil) – bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. Calgary, Canada – September 21, 2012: BP’s Canadian head office in Calgary Alberta. BP is one of the major developers of the Alberta Oilsands, and a global energy company based in the UK.
Marcellus Drilling News
MARCH 26, 2025
OTHER U.S. REGIONS: Shell CEO Sawan expects progress in Venture Global arbitration in coming months; Freeport LNG in Texas set to return to service after lightning strike; New Plaquemines terminal offers high hopes for U.S. LNG feedgas; NATIONAL: U.S. manufacturing energy consumption has continued to increase since 2010 low; U.S. faces uphill task to refill.
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