OilPrice
JULY 10, 2025
France’s solar power generation hit a new record this week, sending intraday electricity prices into negative territory for several hours—a stark reminder of the volatility created by rapid swings in renewable output. At 2 p.m. Thursday, French solar output surged to 19.5 gigawatts, meeting nearly 40% of national demand, according to grid operator RTE.
Oil & Gas Magazine
JULY 10, 2025
Iberdrola y Masdar invertirán 5,200 MDE para construir el parque eólico marino East Anglia THREE, el cual será uno de los dos más grandes del mundo en cuanto entre en operación el cuarto trimestre de 2026 La empresa energética, Iberdrola y el grupo de renovables de Abu Dhabi, Masdar , han acordado invertir juntos 5 mil 200 millones de euros (más de 6 mil mdd) en el parque eólico marino East Anglia THREE , el cual tendrá con una capacidad de 1.400 MW , y proporcionará energía limpia a 1.3 millone
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OilPrice
JULY 10, 2025
“There is no peak oil demand on the horizon,” OPEC Secretary General Haitham Al Ghais wrote in the foreword of OPEC’s latest World Oil Outlook (WOO), which sees global oil demand growing by about 19% from now until 2050 to reach 123 million barrels per day (bpd). In view of slowing Chinese demand growth, OPEC revised down its oil demand growth forecasts for all years between 2025 and 2029.
McKinsey
JULY 10, 2025
Skip to main content The Iberian green industrial opportunity: Carbon capture and storage July 10, 2025 | Article Carbon capture and storage could play a critical role in decarbonizing hard-to-abate industries in the Iberian Peninsula. As the world shifts toward a more sustainable future, addressing carbon emissions remains a top priority. Renewable energy sources are rapidly expanding and driving the decarbonization effort, yet certain industries, particularly those with hard-to-abate (HtA) emi
OilPrice
JULY 10, 2025
Governments and policy makers must better anticipate and prepare for energy crises before they happen, drawing from past experience and increasing diversification of supply, predictability in policy, and international cooperation, Fatih Birol, Executive Director at the International Energy Agency (IEA), said on Thursday. Many tools to tackle energy security today have been developed after crises have hit in the past.
Offshore Engineer
JULY 10, 2025
The Baltic Eagle offshore wind farm in Germany has been fully completed and energized, the joint venture partners Abu Dhabi Future Energy Company (Masdar) and Iberdrola have announced…
OilPrice
JULY 10, 2025
The world will need as much as 19.5 million barrels per day (bpd) of new refining capacity by 2050 to meet rising global oil demand, OPEC said in its 2025 World Oil Outlook (WOO) with forecasts through the middle of the century. Overall, OPEC expects global oil demand to continue rising by 2050, with global oil demand projected to increase by more than 19 million bpd between 2024 and 2050, reaching nearly 123 million bpd.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
OilPrice
JULY 10, 2025
So far in July, European natural gas markets have seen the lowest volatility in prices since 2021, but as summer temperatures peak in the coming weeks, demand is expected to rise, and so will the benchmark gas prices. In recent days, the historic 10-day volatility in European gas prices slumped to the lowest levels since September 2021, according to Bloomberg’s estimates.
Offshore Energies UK
JULY 10, 2025
Leading trade body Offshore Energies UK today responds to the government’s publication of its Review of Electricity Market Arrangements (REMA). OEUK says the reforms announced – including the decision to commit to national pricing – bring stability that can help renew investor confidence and build a nationwide network secured by a diverse mix of domestic energy from oil, gas and offshore wind and emerging sources such as hydrogen.
OilPrice
JULY 10, 2025
The European Commission has proposed a major overhaul to its Russian oil price cap regime, introducing a floating benchmark tied to global crude prices in an effort to regain control over a sanctions tool that has lost impact as oil markets decline, Reuters reported on Thursday.
Oil & Gas 360º
JULY 10, 2025
(Oil Price) – Power utilities in the United States have applied for permission to raise electricity prices, with a demand surge from AI data centers suggested as the reason, the Financial Times reported today, citing data from PowerLines, an energy affordability advocacy. In the first half of this year, U.S. power utilities applied for price hikes of a total $29 billion, the FT said, adding this represented a 142% increase on the first half of 2024.
OilPrice
JULY 10, 2025
Grid operators in Europe are facing a shortfall of 250 billion euros, or $293 billion, in investments necessary to upgrade grids in line with energy transition plans, Boston Consulting Group has said in a new report. BCG said that over the next three years, transmission system operators, or TSOs, in Europe, should invest 345 billion euro ($405 bln) over the next three years.
Oil & Gas 360º
JULY 10, 2025
(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. OKLAHOMA CITY–(BUSINESS WIRE)– Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) today announced it has entered into two separate definitive agreements: one to acquire certain oil and gas assets from Sabinal Energy, LLC (“Sabinal”), and another to acqu
OilPrice
JULY 10, 2025
Equinor has made a gas discovery close to its Johan Castberg oilfield in the Barents Sea and will assess a potential tie-in to the now fully operational Arctic field. Equinor and its partners in the exploration and production license have hit natural gas in the Skred prospect, in a well drilled 23 kilometers (14 miles) north of the Johan Castberg field and 210 kilometers (130 miles) northwest of Hammerfest, a major gas export facility in Norway, the Norwegian Offshore Directorate said on Thursda
POWER Magazine
JULY 10, 2025
At a remote substation in the Midwest, I watched recently as a team of cybersecurity specialists gathered not to fix a breach but to simulate one. The substation—a medium-impact test site built by one of the nation’s largest utilities—has become a proving ground for the future of grid security. Before the North American Electric Reliability […] The post OT Under Siege: Why Grid Control Systems Need a New Kind of Cyber Defense appeared first on POWER Magazine.
OilPrice
JULY 10, 2025
Power utilities in the United States have applied for permission to raise electricity prices, with a demand surge from AI data centers suggested as the reason, the Financial Times reported today, citing data from PowerLines, an energy affordability advocacy. In the first half of this year, U.S. power utilities applied for price hikes of a total $29 billion, the FT said, adding this represented a 142% increase on the first half of 2024.
Oil & Gas Magazine
JULY 10, 2025
La producción de hidrógeno turquesa de Tulum Energy puede superar las limitaciones económicas y de infraestructura del hidrógeno verde y azul en la producción industrial de hidrógeno descarbonizado Tulum Energy , una startup pionera en pirólisis de metano (proceso químico que consiste en producir hidrógeno turquesa ) ha cerrado con éxito una ronda de financiación de riesgo de 27 millones de dólares para construir una planta piloto de la compañía en Pesquería, Nuevo León.
OilPrice
JULY 10, 2025
Artificial intelligence is rapidly changing the world around us as our systems get smarter, and the resource and energy use of large language models grow ever larger. In the energy sector, artificial intelligence represents a double-edged sword: AI could help the sector overcome some of the hurdles involved in maintaining global energy security while we transition to cleaner alternatives, but it could also pose an existential threat to vulnerable power grids if used indiscriminately.
AWS: Energy (Oil & Gas)
JULY 10, 2025
In an era of increasing digital transformation, electric utility providers are facing unprecedented challenges in meeting customer expectations for quick, efficient, and accessible service. Utility contact centers in particular face unique challenges in delivering effective customer service. Traditional Interactive Voice Response (IVR) systems can effectively handle direct, well-defined requests through touch-tone or basic voice commands, such as reporting an outage or checking a customer’s acco
Offshore Engineer
JULY 10, 2025
DNV, the independent energy expert and assurance provider, has been awarded a contract by offshore wind developer Ventyr for the Design Certification of the Sørlige…
OilPrice
JULY 10, 2025
Utilities across the European Union boosted electricity output from gas and coal plants by 13% in the first half of 2025 from a year earlier—the biggest annual increase for January to June since 2017, according to data from clean energy think tank Ember cited by Reuters market analyst Gavin Maguire. Gas-fired power plants saw generation jump by 19% to the highest level in three years.
Offshore Engineer
JULY 10, 2025
The first set of turbines at the 800 MW Dafeng offshore wind project have started delivering power to the Chinese grid.
RBN Energy
JULY 10, 2025
Drilling techniques originally developed to unlock oil and gas from shale formations are increasingly being adapted to access and extract heat from deep underground rock formations, enabling the generation of electricity from geothermal sources. And while geothermal’s share of total U.S. electricity generation remains quite small, it may be poised to accelerate, opening up new opportunities for companies in the oil and gas sector.
Offshore Engineer
JULY 10, 2025
Some offshore wind turbine (OWT) support structures may fall short of required fatigue life expectations, according to a new Lloyd’s Register (LR) report, which…
Oil News Africa
JULY 10, 2025
Technip Energies (PARIS:TE) has been awarded a large(1) contract to perform preliminary activities(2) for a Floating Liquefied Natural Gas (FLNG) unit in Africa. The contract will be effective until Sept 30, 2025. … Read More The post Technip Energies awarded a large contract for a Floating Liquefied Natural Gas unit in Africa appeared first on oilnewsafrica.
Oil Gas Leads
JULY 10, 2025
Matador Resources (NYSE: MTDR) is navigating 2025 with a strategy that blends operational discipline, innovation, and balance sheet strength. After a strong first half marked by record production, strategic divestitures, and a major midstream expansion, here are five key trends to watch as Matador moves through the second half of 2025. Oil & Gas Drilling Engineer Directory – $25 Buy List Now Includes: Company, Contact Name, Title, Location, email… 1.
Offshore Engineer
JULY 10, 2025
Norwegian data and intelligence firm TGS has signed a collaboration agreement with Equinor, aimed at advancing the digitalization of carbon capture and storage (CCS)…
POWER Magazine
JULY 10, 2025
The Public Utilities Commission of Ohio (PUCO) has approved a landmark tariff structure requiring large new data center customers to pay for a minimum of 85% of their subscribed electricity usage—regardless of actual consumption—for up to 12 years. The measure marks a pivotal step in Ohio’s efforts to address surging demand from hyperscale data centers […] The post Regulator Approves AEP Ohio’s Landmark Data Center Tariff appeared first on POWER Magazine.
Oil & Gas 360º
JULY 10, 2025
Natural Gas Inventories as of July 4, 2025 The EIA has released its natural gas inventory report, showing a net increase of 53 Bcf as of July 4, 2025. Working gas in storage was 3,006 Bcf as of Friday, July 4, 2025, according to EIA estimates. This represents a net increase of 53 Bcf from the previous week. Stocks were 184 Bcf less than last year at this time and 173 Bcf above the five-year average of 2,833 Bcf.
Offshore Engineer
JULY 10, 2025
Ørsted has reached financial close on a project finance package for the 632 MW Greater Changhua 2 offshore wind farm in Taiwan, having signed agreements with 25…
OilPrice
JULY 10, 2025
As LNG Canada shipped its first LNG cargo from the newly completed facility in Kitimat, on the northwest coast of British Columbia, activity is ramping up on the East Coast especially offshore natural gas. LNG Canada consists of an export plant that cools the natural gas to a liquid using a combination of hydroelectricity and natural gas, states LNG Canada — a consortium of Shell, Mitsubishi Corporation, Petronas, PetroChina and Korea Gas Corp.
BOE Report
JULY 10, 2025
OKLAHOMA CITY–(BUSINESS WIRE)–Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) today announced it has entered into two separate definitive agreements: one to acquire certain oil and gas assets from Sabinal Energy, LLC (“Sabinal”), and another to acquire entities owning oil and gas assets managed by IKAV Energy Inc (collectively “IKAV San Juan”).
Marcellus Drilling News
JULY 10, 2025
In May, NRG Energy announced a deal to acquire LS Power’s portfolio of natural-gas power plants in a deal valued at roughly $12 billion, including debt, that will expand NRG’s footprint in Texas and along the East Coast (see NRG Buys 18 Gas-Fired Power Plants, Including 5 in PA, for $12B). NRG said the acquisition.
Oilfield Technology
JULY 10, 2025
You are using an outdated browser. Please upgrade your browser to improve your experience. Skip to main content Advertisement Register for Oilfield Technology magazine Sign in Contact us Home News Sectors Exploration Drilling & production Offshore & subsea Hydraulic fracturing Digital oilfield HSE Special reports Product news Magazine Webinars Spotlight interviews Events White papers Advertise Get your magazine Home Digital oilfield 10 Jul 25 TGS and Equinor collaborate to drive digital
OilPrice
JULY 10, 2025
The UK government has ruled out the introduction of a zonal energy pricing system that would have seen regions closer to renewable energy sources likelier to see lower prices. Ed Miliband’s Department for Energy Security and Net Zero has opted to reform the existing system by reviewing the way transmission charges work and incentivising the private sector to invest in renewable energy in areas of higher demand.
BOE Report
JULY 10, 2025
Last month’s start-up of LNG Canada, the country’s first large-scale liquefied natural gas export facility, has failed to lift Western Canadian natural gas prices as quickly as some market participants and observers expected, due to a persistent supply glut and the gradual pace of the facility’s ramp-up.
POWER Magazine
JULY 10, 2025
Kansas regulators have given Evergy the go-ahead to raise the utility's rates to help finance construction of two new natural gas-fired power plants, along with a utility-scale solar power project, in the state. The post Kansas Regulators Back Plan for Two New Gas-Fired Plants, Along With Solar Farm appeared first on POWER Magazine.
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