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Crude oil prices slumped to their lowest level since 2021 after the U.S. announced a fresh 50% tariff for Chinese imports following Beijings refusal to withdraw its retaliatory 34% tariffs announced in response to Washingtons imposition of a 34% tariff rate on top of already existing levies. At the time of writing, Brent crude was trading at $60.36 per barrel, with West Texas Intermediate at $57.04 per barrel, both down by close to 4% from Tuesdays close.
As traditional utilities embrace decentralization, the journey requires more than just adopting new field technologies. According toMcKinseys Global Energy Perspective 2024 report, the global energy transition is entering a new […] The post Implementing Decentralization: A Strategic Roadmap for Utilities appeared first on POWER Magazine.
Some of you may be old enough to remember cold fusion, that wondrous scientific discovery touted by the press back in the last century. Well, we dont want to leave the impression that we have discovered another cold fusion, just that the decision date for natural (white or gold or whatever color you like) hydrogen may be coming closer. In case you missed the initial findings, geologists believe there are substantial pockets of renewable hydrogen under certain geological formations.
It was totally predictable. On March 26, Labour got away with it, voting to block a House of Lords attempt to prevent the Starmer Administration buying solar panels where there is credible evidence of modern slavery in the supply process, especially China. The post GB Energy and the China slavery question appeared first on Energy Voice.
The oil market meltdown in recent days could pose risks to the Russian economy, Russias Central Bank Governor Elvira Nabiullina said on Tuesday. The escalation of the tariff wars could negatively affect Russias economy, TASS news agency quoted the governor as telling Russian lawmakers in parliament today. The main channel of influence may lie through fluctuations of oil prices, a decline of oil prices, Nabiullina was quoted as saying.
Yet another monster data center complex with its own “behind the meter” natural gas-fired power plant (to be fed by the Marcellus/Utica) has been proposed. This one is for a site in Tucker County, West Virginia. The Town of Davis will hold a public meeting this Sunday to inform community members of a proposal by.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in the prior week. So far this year, crude oil inventories have climbed nearly 22 million barrels, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 million barrels again t
The Tennessee Valley Authority (TVA) is a federally-owned electric utility corporation in the U.S. TVAs service area covers all of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small areas of Georgia, North Carolina, and Virginia. TVA is the country’s sixth-largest power supplier and the largest public utility company. In May 2023, TVA announced that.
The Tennessee Valley Authority (TVA) is a federally-owned electric utility corporation in the U.S. TVAs service area covers all of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small areas of Georgia, North Carolina, and Virginia. TVA is the country’s sixth-largest power supplier and the largest public utility company. In May 2023, TVA announced that.
Oils recent nosedivethanks to tariffs, OPEC+ surprises, and good old-fashioned recession fearshas put a chill over Albertas energy sector. But if you were expecting panic from Canadian oil CEOs, think again. The tone out of Toronto today is clear: dont flinch. InPlay Oils Doug Bartole isnt pulling rigs or cutting spending just yet, despite the price rout.
Here’s a lawsuit that was not previously on our radar. A West Virginia couple, Bart Mickey and Jami Mickey, sued EQT alleging the company concealed a 2020 Surface Access and Use Agreement allowing EQT to remove a pond, diminishing the value of a property the Mickey’s purchased in Marshall County for $350,000. The Mickeys said.
Indias largest power utility, NTPC, is looking to hire consultants for feasibility studies for small modular reactors that could potentially replace some of the utilitys old coal-fired power plants, Reuters reports, quoting a tender document. Small modular reactors (SMR) are believed to besimpler and cheaperto build and install. Because of their smaller size, it is possible to install SMRs on sites that are not suitable for bigger reactors.
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.
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) returned to the downside. Overall, the index witnessed a modest 0.75% decline from March to April. Steel Prices Find Peaks as Reciprocal Tariffs Spare Steel Steel prices either found a peak or began to stabilize by the start of April. As of April 4, hot rolled coil prices fell from their peak to $920/st.
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 25 Pa. Code Chapter 78a by increasing setbacks for oil and gas well drilling to a minimum of 3,281 feet from any building or water wells (5,280 feet from.
The trade war is prompting Chinas LNG buyers to resell the cargoes they are buying from the U.S. as Chinese tariffs on American goods are raising the costs of U.S. LNG imports, analysts and traders have told Reuters. LNG import demand in China has been weaker this year amid comfortably full winter inventories. Chinese LNG imports are expected to drop this year, according to the latest estimates from BloombergNEF.
Ray Kemble and his lawyers are in for a tough court fight. The Susquehanna County (PA) Court of Common Pleas has set a date of October 6, 2025, to hear a “Dimock” case between Kemble (and his lawyers) and Coterra Energy (originally Cabot Oil & Gas), in a case that stretches back to 2017. In.
In this weeks newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of the key market movers early this week before providing you with the latest analysis of the top news events taking place in the global energy complex over the past few days. We hope you enjoy.
While the letter from the big hitters of renewable energy to Messrs Starmer and Swinney did not quite threaten an investment strike if they do not get their own way on zonal pricing, its language came pretty close to it. The post Sitting on the fence on zonal pricing appeared first on Energy Voice.
U.S. refiner Phillips 66 told shareholders on Tuesday that Elliott Investment Managements demands for breaking up the company are misguided, based on inflated and unrealistic assumptions, and would destroy shareholder value. Activist hedge fund Elliott Investment Management has called on Phillips 66 to spin off its midstream business and tighten up operations.
A small bounce for oil as the worlds markets pause after the recent pain. Today Zephyr has good results from the Paradox Basin and Prospex update on its gas assets in Europe. The post Oil price, Zephyr, Prospex. And finally… appeared first on Malcy's Blog.
Mexico is considering expanding domestic fracking in a bid to reduce its high dependence on natural gas imports from the United States amid tense trade and tariff relations, the Financial Times reported on Tuesday, quoting private sector executives. Over the past decade, Mexican imports of U.S. natural gas, mostly via pipelines, have jumped thanks to new pipelines built between the U.S. and Mexico.
Increasing financial constraints, a low commodity price environment and a shrinking pool of prospective basins have transformed how oil and gas players explore for new barrels. Across the globe operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects instead of expensive, high-risk exploration plays.
Having some time to ourselves can feel like a gift; cherishing those moments for headspace. The post Community and connections are a necessity appeared first on Energy Voice.
CALGARY, Alberta (April 8, 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 its annual Oil Sands Play Fundamentals report that examines recent development trends, remaining resource and associated economics across both surface mining and steam assisted gravity drainage (SAGD) projects.
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.
Oh, the many different “colors” of hydrogen (and natural gas). The wacko left dreams up all sorts of labels for the things they do and don’t like, hoping to influence the weak of mind to buy into their psychoses. The Appalachian Regional Commission (ARC), a U.S. federalstate partnership that works with the people of Appalachia.
89 per cent of engaged women support reducing reliance on U.S. trade, amidst tariff war. 85 per cent want to see increased pipeline and refining capacity within Canada. 73 per cent support a vision of Canada as a self-reliant, economically strong nation powered by increased oil and gas production and exports.
LNG Canada has started to cool down its liquefied natural gas plant in Kitimat, British Columbia, considered a final step before it begins to produce the superchilled gas, two people told Reuters.
As we roll into Spring of 2025, the question on everyone’s mind—homeowners, businesses, and energy providers alike—is whether natural gas prices will rise or fall. At True Natural Gas, we closely monitor market trends to provide our customers with reliable energy solutions and insights. Here’s what industry experts are saying about the future of natural gas prices this year: Factors Influencing Natural Gas Prices in 2025 Several key factors will determine whether natural
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