Tue.Apr 15, 2025

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Google, Baseload Capital Have Corporate PPA for Geothermal in Taiwan

POWER Magazine

Global geothermal energy developer Baseload Capital has joined with technology giant Google on the first corporate power purchase agreement (CPPA) for geothermal in Taiwan. The post Google, Baseload Capital Have Corporate PPA for Geothermal in Taiwan appeared first on POWER Magazine.

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New German coalition puts climate protection on back burner

Energy Transition

On 9 April 2025, Germany’s incoming government of Christian Democrats (CDU/CSU) and Social Democrats (SPD) concluded a governing ‘contract’ that paves the way for the partners to take office in May. The new chancellor will be CDU chief Friedrich Merz, who underscored in the campaign that climate protection would not be a top priority.

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EVLO Commissions First of Three Energy Storage Projects in American Samoa

POWER Magazine

EVLO Energy Storage, a fully integrated battery energy storage systems (BESS) provider and wholly owned subsidiary of Hydro-Qubec, on April 15 announced the company has completed commissioning of a 4-MW/8-MWh, 2-hour duration energy storage system, the first of three projects in American Samoa. The post EVLO Commissions First of Three Energy Storage Projects in American Samoa appeared first on POWER Magazine.

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Goldman Sachs: Excluding Big Oil from ESG Portfolios is a Mistake

OilPrice

Previously, we reported that the ESG investing boom of yesteryears has gone bust. Environmental, social and governance (ESG) investing spiked in 2020 and 2021 amid the COVID-19 pandemic with low oil prices driving more investments beyond fossil fuels, while fund managers tried to appear more climate-conscious. However, the oil price boom of 2022/2023, political backlash against ESG led by Republican politicians as well as claims about greenwashing have made ESG investing lose plenty of luster.

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Austin Master Services Frack Waste Cleanup in OH Almost Complete

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 (Belmont County), Ohio, that handles fracking waste (trucks it for disposal). AMS ran into trouble when it ran out of money. The Martins Ferry facility, where waste is temporarily.

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The Quiet Takeover of U.S. Utilities

OilPrice

Over the past 100 years of US utility regulation, weve witnessed a great inversion of power: a once muscular administrative state has been severely weakened. In boxing terms, the utilities have won this round decisively vs big government. The financial implications are that state utility commissions and risk taking equity investors have become unnecessary.

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Duke Energy Files to Build 2 Gas-Fired Power Plants in Indiana

Marcellus Drilling News

Cayuga Station, owned by Duke Energy, is a three-unit coal-fired power plant built between 1970 and 1993 in Vermillion County, Indiana. The existing plant produces as much as 1,040 megawatts (MW) of electricity. Duke recently filed a request with the Indiana Utility Regulatory Commission (IURC) for permission to build two new gas-fired plants at the.

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More Trending

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Canada’s Capital Power Buying 2 PJM Gas-Fired Plants in PA, OH

Marcellus Drilling News

Capital Power Corporation, based in Edmonton (Alberta), Canada, a power producer with approximately 10 gigawatts (GW) of power generation at 30 facilities across North America, announced it is buying two gas-fired power plants from LS Power. One facility is the 1,124 megawatt (MW) Hummel Station, a combined-cycle natural gas facility in Shamokin Dam, PA, fed.

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BP Faces Shareholder Showdown Amid Oil Price Crash

OilPrice

BP is holding its annual general meeting on April 17 in the early days of its strategy reset to return to its core oil and gas business while oil prices have crashed by more than $10 per barrel this month. Shareholders, especially activist hedge fund Elliott, will want to make their position known at the AGM votes on Thursday.

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U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility

Oil & Gas 360º

(Oil & Gas 360) ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDCs syndicated revolving credit facility led by Citibank, N.A. from $165 million to $300 million Fort Worth, TX U.S. Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, has acquired ~20,000 net acres in Reeves and Ward Counties, Texas.

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LNG Leads as IMO Tightens Climate Compliance Rules

OilPrice

The International Maritime Organization (IMO) has concluded the 83rd session of its Marine Environment Protection Committee (MEPC 83), marking a significant advancement in maritime decarbonization efforts. A pivotal outcome of this session was the approval of the IMO Net-Zero Framework, despite reservations expressed by certain member states, including the US and several oil production states.Rystad Energy's research highlights that the IMO's direct compliance targets are notably more ambitious

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Blue Hydrogen Facilities Could Move Needle on NatGas Demand This Yr

Marcellus Drilling News

An interesting report from BTU Analytics connects many of the dots that (for us) have been missing with respect to hydrogen production from natural gas that captures carbon dioxide in the process—called “blue hydrogen.” As you know, we’ve been skeptical of the big push to produce hydrogen as a magic replacement for other forms of.

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IEA Slashes Oil Demand Growth Forecast as Trade Wars Escalate

OilPrice

Global oil demand is expected to grow by just 730,000 barrels per day (bpd) this year amid escalating trade tensions, the International Energy Agency (IEA) said on Tuesday, slashing the previous months growth forecast by 300,000 bpd. Escalating trade tensions have negatively impacted the economic outlook, the IEA said today in its Oil Market Report (OMR) for April, and sees further slowdown in demand growth next year, when consumption is now forecast to increase by only 690,000 bpd.

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ArcLight Capital Buying Majority Interest in CT Gas-Fired Plant

Marcellus Drilling News

ArcLight Capital Partners, an infrastructure investment firm focused on energy and related infrastructure, announced it is buying out the ownership interests of Osaka Gas USA Corporation and Kyuden International Americas Inc. (both Japanese companies) in Kleen Energy Systems, LLC. Kleen Energy owns Kleen Power, a 620 megawatt (MW) natural gas-fired power plant in Middletown, Connecticut.

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China Expands Influence in Southeast Asia and Europe

OilPrice

Chinese leader Xi Jinping called for upholding multilateral trade as he landed in Vietnam as part of a high-stakes tour of Southeast Asia's most export-reliant economies as he looks to capitalize on global trade tensions with the United States.

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Enviro-Left Claims PGW Wants to Cut $700M in IRA Money for Philly

Marcellus Drilling News

The name Philadelphia Gas Works (PGW) pretty much says it all. PGW is a natural gas utility serving the Philly region. It’s not an electric company; it’s a natural gas company. So, it will probably come as no surprise that PGW belongs to a trade organization called the American Public Gas Association (APGA). Indeed, PGW.

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Oil Sanctions, Hungarian Headaches, and the EU’s Quiet Power Play

OilPrice

With the next round of EU sanctions on Russia due for renewal in July, Brussels is cooking up a workaround to one persistent problem: Hungary. Specifically, Hungarys Viktor Orbn, whos been repeatedly threatening to walk unless he gets what he wants. Traditionally, renewing sanctions requires unanimous support from all 27 EU member states. Thats been increasingly awkward, thanks to Orbns not-so-secret bromance with Vladimir Putin and his tendency to use sanction votes as leverage for unrelated go

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New England Needs More Pipelines 

American Gas Association

News True Blue Blog Where energy conversations come to life. America is rapidly reindustrializing with manufacturing onshoring and a rapid boom of AI data centers that promises to revolutionize the economy. As it does, one undeniable fact is clear: American needs more energy infrastructure. Nowhere is this truer or more urgent – than in New York and New England where serious natural gas infrastructure constraints have driven up energy prices and driven out industry and jobs.

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IEA Cuts Oil Supply Estimate on Lower U.S. and Venezuelan Output

OilPrice

Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday, citing lower-than-forecast production from the United States and Venezuela. The U.S.-China trade war escalation and the tariffs on imports into the U.S. have sent oil prices plummeting this month.

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Oil price, Deltic Energy. And finally…

Malcolm Graham Wood

Oil remains listless as do markets. Today a great update on Selene from Deltic Energy. The post Oil price, Deltic Energy. And finally… appeared first on Malcy's Blog.

Oil 147
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Turkey Balances Carbon Interests with Green Ambitions

OilPrice

Complicating Turkeys COP31 bid is Ankaras diplomatic distancing from the West in recent years, coupled with mounting democratic backsliding, underscored by the recent arrest of Erdoans leading political rival, Istanbul Mayor Ekrem Imamoglu, who maintains his jailing is politically motivated. To secure COP31, Turkey is expected to engage in high-level dialogue seeking support from Western Europe, North America and New Zealand.

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1.2GWh! Latin America's Largest Solar-Plus-Storage Project to Go Online in Chile

EnergyTrend

1.2GWh! Latin America's Largest Solar-Plus-Storage Project to Go Online in Chile TrendForcehaslearnedthatKKRGroup'sContourGlobalcompletedtheconstructionoftheQuillaguasolar-plus-storagepowerstationinChileinApril2025.Itisreportedthat.

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Crude Oil Products Inventories Plummet But Oil Prices Still Down

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.4 million barrels for the week ending April 11. Analysts expected a loss of 1.680 million for the week. The API estimated a 1.057 million barrel drop in the prior week. So far this year, crude oil inventories have climbed more than 24 million barrels, according to Oilprice calculations of API data.

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The benefits of bringing the natural world into your teaching

SmartBrief

Every Tuesday, Thursday and Saturday at the Smithsonians National Zoo and Conservation Biology Institute in Washington, D.C., peals of laughter ring from the Bird House exhibit. Children splash in the water, dig in the dirt, experiment with sand and build with moss and rocks at Little Critters: Nature Play. This free drop-in program gives children the opportunity to explore nature and early science concepts at their own pace and comfort level and in the company of their caregiver.

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The EU Is Attempting to Axe Russian Gas Deals Without Paying Penalties

OilPrice

The European Union is looking for legal ways to tear long-term natural gas supply contracts with Russias Gazprom without having to pay sizable penalties, the Financial Times has reported, citing three officials from the European Commission as saying the leading option was declaring a force majeure. If the whole idea is not paying Russia, then [paying compensation] would undermine the whole purpose, one of these officials, who were not named, told the FT.

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MDN’s Energy Stories of Interest: Tue, Apr 15, 2025 [FREE ACCESS]

Marcellus Drilling News

OTHER U.S. REGIONS: NextDecade strikes LNG supply deal with TotalEnergies for 1.5 million tonnes annually; Stakeholders respond to Mass. proposal to limit cost recovery for gas expansion; NATIONAL: U.S. natural gas slumps to nine-week low on record production, expected lower demand; White House ends funding for key U.S. climate body; Sustaining energy dominance in a.

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India’s Oil Import Price Drops Below $70 for the First Time Since 2021

OilPrice

The average price of Indias crude oil imports fell to below $70 per barrel this month, for the first time since 2021, as international benchmarks plunged amid trade and tariff uncertainty. India, which imports 88% of the crude it consumes, saw its average cost of crude oil imports plunge by 17.87% in April compared to March 2024. The average import cost stood at $69.39 per barrel for the first two weeks of this monththe lowest level since August 2021, Indian outlet Hindustan Times reported on Tu

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CanCambria Energy Corp. appoints Eric Vaughan as Vice President of Drilling and Completions, and announces change of Corporate Secretary

Oil & Gas 360º

(Oil & Gas 360) Vancouver, BC April 15, 2025 CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (CanCambria or the Company) today announced the appointment of Eric Vaughan as Vice President of Drilling and Completions, effective immediately. In this role, Mr. Vaughan will lead the operations and execution team for the Companys flagship Kiskunhalas project in Southern Hungary.

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TotalEnergies Expects 4% Higher Oil and Gas Production for Q1

OilPrice

TotalEnergies expects its first-quarter oil and gas production to have increased by almost 4% on the year to the high end of the quarterly guidance range of 2.5 to 2.55 million barrels of oil equivalent per day (boe/d). The French supermajor, which reports full quarterly results on April 30, announced on Tuesday key indicators for its first-quarter performance.

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Amplify Energy and Juniper Capital announce amendment to the merger agreement

Oil & Gas 360º

(Oil & Gas 360) Juniper to Contribute Incremental $10 Million in Cash Updates Oil and Gas Hedge Positions and Juniper Reserve Values HOUSTON, April 15, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (Amplify or the Company) today announced an amendment to the existing terms of its previously disclosed Agreement and Plan of Merger with Juniper Capitals (Juniper) upstream Rocky Mountain portfolio companies.

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Earth Month 2025: Public Sector Progress on Clean Energy

The Energy Co-op

Join The Energy Co-op at our Annual Member Meeting and Conference. Who: Members and Friends of The Energy Co-op Where: The Inn at Swarthmore, Swarthmore, PA When: Saturday, June 9th, 8:30am 2:00pm What: The Annual Member Meeting and Conference brings together Co-op members, members of the community and representatives from other Co-ops and other organizations working on sustainable development in PA followed by the Co-op membership meeting.

Energy 130
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South Korean officials considering Alaska trip for gas project talks

Oil & Gas 360º

(Investing) – SEOUL (Reuters) -South Korean industry ministry officials are considering travelling soon to Alaska as part of working-level negotiations between the United States and South Korea over Alaskas gas project, the ministry said on Tuesday. If South Korea is able to win concessions from Washington over auto tariffs, Seoul could in turn look at participating in the Alaska liquefied natural gas (LNG) project, Yonhap News Agency cited vice industry minister Choe Nam-ho as saying on T

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A European company will launch a 4GW solar cell plant and a 2.5GW PV module plant!

EnergyTrend

A European company will launch a 4GW solar cell plant and a 2.5GW PV module plant! AccordingtoWechatOfficialAccount@pv-news,onApril11,Netherlands-basedMCPVannouncedthatithasreceiveda10milliongranttobuilda2.5GWcapacitysolarmoduleplan.

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TotalEnergies signs 20-year LNG purchase agreement with NextDecade

Oil & Gas 360º

(World Oil) – TotalEnergies has signed a Sales and Purchase Agreement (SPA) with NextDecade to buy 1.5 million tons per annum (Mtpa) of liquefied natural gas (LNG) from the future Train 4 liquefaction unit at the Rio Grande LNG facility. The SPA, of a duration of twenty years, is subject to NextDecade taking a positive Final Investment Decision (FID) on Train 4. “We are pleased to sign with NextDecade a new 1.5 Mtpa SPA from the future Train 4 of Rio Grande,” said Gregory Joffr

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La Nueva Manifestación de Impacto Social en el Sector de Hidrocarburos en México: Un Enfoque hacia la Justicia Energética y la Participación Ciudadana

Oil & Gas Magazine

El 18 de marzo de 2025 se public la nueva Ley de Hidrocarburos que introduce la Manifestacin de Impacto Social (MIS), herramienta obligatoria para proyectos energticos que evala sus efectos sociales con enfoque participativo, sostenible y de respeto a derechos humanos. El pasado 18 de marzo de 2025 , se marcaron nuevos rumbos para el sector energtico en Mxico con la publicacin de las leyes secundarias en materia energtica en el Diario Oficial de la Federacin (edicin vespertina).

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Words on Wealth—A Series of Insights from an Industry Leader

Oil & Gas 360º

(Oil & Gas 360) In this audio series of minute-long insights, Eckard Enterprises Founder and Board Chairman Troy Eckard recounts his success story as an entrepreneur in the energy space. Troy shares the insights that lead him to believe that opportunity abounds for years to come in Americas oil and gas industry, how his firm evaluates different basins, the advantages of maintaining all cash, no debt positions, and more.

Oil 130
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Investigan a Marinsa por lavado y huachicol

Oil & Gas Magazine

Marinsa es investigada por lavado y huachicol. Recibi depsitos millonarios sin justificacin y an obtuvo contratos de Pemex, pese a vnculos polticos. La Fiscala General de la Repblica (FGR) investiga a Marinsa de Mxico , subsidiaria de Grupo Cemza, por lavado de dinero y venta ilegal de combustibles. Entre 2019 y 2022, la empresa habra recibido depsitos injustificados por ms de 12,685 millones de pesos y 512 millones de dlares , segn un dictamen pericial que indica la falta de documentacin que ac

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