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U.S. firm KoBold Metals, whose backers include billionaires Bill Gates and Jeff Bezos, is seeking to develop a huge hard rock lithium deposit in the Democratic Republic of Congo as the African country, which also has large cobalt, gold, and cobalt resources, is seeking a minerals partnership with the United States. KoBold Metals has set sights on taking over a mining license for an area, the Manono project, which promises large lithium deposits.
Data centers and AI are in the news almost daily. The great issue of our time (which has developed over the past year or so) is that AI and data centers are huge customers for electricity. Every region of the country (particularly the Eastern Seaboard) struggles with how to meet the demand for more electricity. The post Build Data Centers Faster by Combining Small Nukes with Natural Gas first appeared on Marcellus Drilling News.
Germany has seized an oil tanker of the Russian shadow fleet that was found adrift in the Baltic Sea in January, German magazine Spiegel reported on Friday, quoting security sources. The tanker, Eventin, was traveling under the flag of Panama when German authorities said in January that the vessel, belonging to the Russian shadow fleet, was stuck in German waters in the Baltic Sea.
For the week of Mar 10 – 16, the number of permits issued in the Marcellus/Utica to drill new shale wells increased by nine from the previous week. Last week, 31 new permits were issued, with 16 going to the Keystone State (PA). EQT (and its subsidiary Rice Drilling) scored nine permits across Fayette, Greene, The post 31 New Shale Well Permits Issued for PA-OH-WV Mar 10 16 first appeared on Marcellus Drilling News.
While West Texas Intermediate (WTI) oil prices have slipped nearly $3.50 a barrel since Januaryhovering uncomfortably around $68New Mexico lawmakers just gave oil producers something else to stew over: higher royalty rates. Senate Bill 23, which passed the House of Representatives on Thursday, is now sitting on Governor Michelle Lujan Grishams desk.
Epsilon Energy issued its fourth quarter and full-year 2024 update yesterday. Epsilon, a relatively small company, used to concentrate most of its effort on developing Marcellus Shale wells. However, over the past few years, the company has expanded into other plays and now owns assets in the Anadarko (Oklahoma and Texas), the Permian (Texas and. The post Epsilon 4Q: The Tides Have Shifted in the Marcellus first appeared on Marcellus Drilling News.
E-waste is the fastest growing solid waste stream on the planet. The world threw away a record 62 million metric tons of electronics in 2022, representing a staggering 82% increase since 2010. Thats enough waste to fill 1.55 million 40-tonne trucks, roughly enough trucks to form a bumper-to-bumper line encircling the equator, according to the UN. And within those 62 million tons were billions of kilograms of critical and costly metals and minerals.
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. On March 13, the SRBC board acted on 24 new water withdrawal requests within the.
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. On March 13, the SRBC board acted on 24 new water withdrawal requests within the.
Delivering a green future for the Grangemouth oil refinery will require around 3.5bn in private investment, a report has found. The long-awaited Project Willow study, which itself cost 1.5m, sets out nine options for the future of the industrial cluster in central Scotland. Hundreds of jobs are set to be lost this year when the oil refinery there closes and the report has identified nine feasible proposals which could attract private investment.
Oil is flat but up on the week at the moment. Today Petrofac announce continued court cases and a suspension on 1st May ahead of delayed final results. The post Oil price, Petrofac. And finally… appeared first on Malcy's Blog.
Kazakhstans oil production reached an all-time high in March despite the countrys continued pledges to start complying with its OPEC+ quota that it has been exceeding for years. As international supermajors are expanding oilfields in Kazakhstan, the non-OPEC producer part of the OPEC+ pact pumped as much as 2.16 million barrels per day (bpd) of crude oil and condensate in the first half of March, industry sources told Reuters on Friday.
A day after threatening a national unity crisis, Premier Danielle Smith says she would strike a panel to poll Albertans on what to do if her list of demands is ignored.
In order to support meaningful progress toward decarbonization in our energy industry, policy mechanisms must become clearer, less redundant, and more efficient. Removing headachey and byzantine permitting processes and providing more transparency and accuracy in oversight and application of policy and policy mechanisms will be critical to removing bottlenecks in green energy expansion.
Elliott Management, the activist investor pushing for changes at BP, has discussed with other large shareholders in the supermajor potential additional moves to boost the companys performance including more cost reductions and leadership reshuffles, two shareholders have told Reuters. BPs stock has been underperforming its UK-based peer, Shell, and other major international oil firms in recent years.
(US News) – U.S. natural gas futures edged up about 1% on Friday on record flows to liquefied natural gas (LNG) export plants. Front-month gas futures for April delivery on the New York Mercantile Exchange rose 5.3 cents, or 1.3%, to $4.028 per million British thermal units (mmBtu) at 9:16 a.m. EDT (1316 GMT). On Thursday, the contract closed at its lowest since February 28.
Investors in energy transition businesses are enjoying a shift in market sentiment that has led to valuation slumps turning a lot of wind, solar, battery storage, and other companies from the area into great bargains. Bloomberg reports that the recent crash in wind, solar, battery, and other transition-related stocks has whetted buyers appetite on the grounds that the fundamentals of these businesses remain sound.
(World Oil) – Climate activist Follow This is calling for investors in bp Plc to vote against the reappointment of Chairman Helge Lund at next months annual general meeting, in a public rebuke to the companys recent pivot back toward oil and gas. Follow This has a history of pressuring bp to do more to tackle global warming, backing an AGM resolution in 2023 that drew support from as much as 17% of shareholders.
Indias dependence on crude oil imports is on track to set a record high in the fiscal year ending March 31, 2025, as Indian fuel demand continues to grow while domestic crude production remains flat. India imported 88.2% of the crude it consumed in the April 2024-February 2025 period, according to oil ministry data reported by The Indian Express. The import dependence has increased from 87.7% in the same period of the 2023/2024 fiscal year, the data showed.
(Oil Price) –Investors in energy transition businesses are enjoying a shift in market sentiment that has led to valuation slumps turning a lot of wind, solar, battery storage, and other companies from the area into great bargains. Bloomberg reports that the recent crash in wind, solar, battery, and other transition-related stocks has whetted buyers appetite on the grounds that the fundamentals of these businesses remain sound.
The European Commission is considering a plan under which Ukraine would boost natural gas imports from Greece and Turkey, store the gas, and send it in the winter via Slovakia to other EU countries, POLITICO reports, as the EU is seeking to resolve a Slovakia-Ukraine dispute over gas transit and lost fees. Slovakias Prime Minister Robert Fico has defied the EU andmet with Putin in Moscowat the end of December to discuss Russian gas supply to Slovakia ahead of the halt to deliveries via Ukraine.
This weeks Baker Hughes Rig Count shows that the U.S. increased by 1 over last week, resulting in a total count of 593 rigs. Canada had a decrease of 19 over last week, resulting in a total Canadian count of 180 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford, and the Arkoma Woodford regions experienced an increase this week.
Politics, Geopolitics & Conflict In Turkey, Erdogan has returned to authoritarian moves in order to secure his future power, this time by arresting a key rival, Istanbul Mayor Ekrem Imamo?lu, on charges of alleged corruption and ties to terrorism, along with the detention of other prominent figures, including two district mayors. The opposition CHP party is demanding justice over this politically motivated move designed to keep the Istanbul mayor from running in elections.
Crude oil traders faced a volatile week as prices reacted to a combination of geopolitical tensions, supply-side shifts, and macroeconomic signals. While Middle East conflicts and fresh sanctions on Iran provided bullish catalysts, downside risks emerged from Russian supply prospects, U.S. tariffs, and uncertain Chinese demand. With the market caught between these forces, traders need to assess whether the next move favors an upside breakout or a renewed selloff.
The Allegheny Front, a leftwing “media” outfit in Western Pennsylvania (PBS reporters), published an article looking at how fracking has changed the “rural character” of Guernsey County, Ohio. The reporter took the recent start of drilling and fracking under Salt Fork State Park as an opportunity to write an article about the evils of fracking.
Doha is attempting to win favor in Damascus by helping the war battered country increase its electricity supply with the help of gas supplied via Jordan. Pipeline logistics mean such molecules will almost certainly be of Israeli origin; indeed some volumes may be already making the trip.
This Saturday at 8.30pm, were supporting WWF (World Wide Fund for Nature) with a unique Saving Sessions takeover to celebrate Earth Hour - and youre invited!
OTTAWA – Prime Minister Mark Carney confirmed Friday that his government would keep the emissions cap on oil and gas production in place if elected but would fast-track investments in carbon capture to meet those emissions targets.
The future of Canada’s six-year-old carbon pricing system is on shaky ground after 14 oil and gas CEOs and the political opposition leader this week called for its repeal.
Cisco is transforming its business model to focus on subscription-based revenue, aligning partner programs with this evolution. Enhanced incentives will reward partners for driving customer outcomes, ensuring growth and profitability.
OTTAWA – Ottawa says it is contributing up to $200 million toward the Cedar LNG project on the northern B.C. coast. The money is coming through the Strategic Innovation Fund, which falls under the Innovation, Science and Economic Development ministry. The floating liquefied natural gas processing facility and marine export terminal in Kitimat, B.C.
La minera utiliza aguas residuales tratadas en sus procesos industriales e implementa circuitos cerrados en sus operaciones con el objetivo de reutilizar el agua utilizada en sus procesos, alcanzando tasas de recuperacin hasta del 70% El presidente de la Asociacin de Ingenieros de Minas, Metalurgistas y Gelogos de Mxico (AIMMGM), Rubn Del Pozo Mendoza, asegur que la industria minerometalrgica tiene el compromiso de mejorar la gestin eficiente del agua que utiliza en sus procesos.
If youre the leader of an organization or team right now, you dont need anyone to tell you how uncertain the environment is in which you seek to lead. What you do need to call out, however, is that youre allowing that ambiguity to become your undoing. The new abnormal is your obsession. You dont mean to, but youre allowing it to dominate so much so that theres a good chance that youre no longer a leader; youre a firefighter — not the heroic version, but the kind endlessly saying, If I can
Anteriormente, las empresas industriales gestionaban datos y cargas de trabajo en entornos de TI y TO separados, por lo que esta colaboracin sienta una gran ventaja para las compaas Siemens y Microsoft anunciaron una colaboracin ampliada con la plataforma digital abierta de negocios Siemens Xcelerator, para simplificar la integracin de las tecnologas de la informacin (TI) y la tecnologa operativa (TO) para empresas.
La gobernadora del estado asegura que la entidad cuenta con una economa diversificada, una industria automotriz fuerte, y la visin de atraer industrias que permitan estar a la vanguardia y generar oportunidades de desarrollo, empleo y capacitacin para los ciudadanos La Gobernadora de Guanajuato, Libia Dennise Garca Muoz Ledo, visit las instalaciones del Consulado General de Mxico en Houston, para sostener una reunin con integrantes de la Cmara Oficial Mexicana en ese Estado, y buscar inversiones
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