POWER Magazine
APRIL 24, 2025
Duke Energy has signed a sweeping partnership with GE Vernova for the supply of advanced gas turbines and associated equipmentpotentially securing up to 11 of GE Vernovas flagship 7HA units […] The post Duke Energy, GE Vernova Strike Major Gas Turbine Deal to Support Explosive Demand Growth appeared first on POWER Magazine.
OilPrice
APRIL 24, 2025
Russia is expected to see its oil and gas revenues for April slump by 22% from a year ago, amid lower oil prices and a stronger local currency, according to Reuters calculations. Russias revenues from hydrocarbons are set to be about $11.6 billion (960 billion Russian rubles) in April, also due to lower profit-based taxes compared to the previous month, per the estimates by Reuters published on Thursday.
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POWER Magazine
APRIL 24, 2025
A massive surge in energy demand is about to reshape the U.S. power landscape, presenting an opportunity for forward-thinking utilities. The nation's energy demands are poised to explode, as everything from the enormous data centers powering the artificial intelligence (AI) boom to broad electrification efforts increase the need for electricity. The post Next-Generation Panels Recharge Utility Solar Economics appeared first on POWER Magazine.
OilPrice
APRIL 24, 2025
In the space of ten days, U.S. Energy Secretary Chris Wright has gone from full-throttle shale hype-man to waving the red flag on oil prices. Todays bombshell? $50 oil is not sustainable for producers, Wright said, according to Bloombergs Stephen Stapczynski. US ENERGY SEC.
POWER Magazine
APRIL 24, 2025
The power industry supply chain is facing unprecedented strain as utilities race to upgrade aging infrastructure against a backdrop of lengthening lead times and increasing project complexity. As one Midwestern […] The post Optimizing Supply Chain Processes to Ensure a Reliable Electric Power System appeared first on POWER Magazine.
OilPrice
APRIL 24, 2025
Oil prices rose early on Thursday, recouping some of Wednesdays losses, after signs emerged that there could be some tariff and trade talks between the United States and China. As of 9:28 a.m. EDT on Thursday, the U.S. benchmark, WTI Crude, was up by 0.95% on the day and traded at $62.86. The international benchmark, Brent Crude, traded 0.7%% higher at $66.58.
POWER Magazine
APRIL 24, 2025
Want to learn more about geothermal energy? POWER has published a series of articles related to geothermal power, ranging from the importance of geothermal as a power generation resource, to technologies supporting the development of geothermal. The post Geothermal Energy Growing as Renewable Energy Resource appeared first on POWER Magazine.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
POWER Magazine
APRIL 24, 2025
Catalyze, a Houston, Texas-headquartered fully integrated developer and independent power producer of distributed renewable energy assets, announced it has acquired 48 MW of community solar projects in New York from hep solar, a globally operating German solar development and investment group. The post Catalyze Announces Community Solar Acquisition in New York appeared first on POWER Magazine.
OilPrice
APRIL 24, 2025
An Easter truce that wasnt. The United States threatening to walk away from peace talks. Washington considering recognizing Russian control over Ukraines Crimea. Russia and Ukraine ramping up new spring offensives. The Kremlin signaling no let-up in its 38-month-old invasion of its neighbor. Talks scheduled for April 23 in London to try and resolve Russia's 38-month war on Ukraine were already facing serious headwinds.
POWER Magazine
APRIL 24, 2025
Since the industrial revolution, manufacturers and other large industrial operations have often been labeled as environmental polluters. However, this traditional viewpoint is rapidly transforming thanks to the push toward sustainability. […] The post A Clear Path to a Sustainable Facility appeared first on POWER Magazine.
OilPrice
APRIL 24, 2025
New oil well drilling in Russia has accelerated to the fastest in five years despite the recent oil price decline, Bloomberg has reported, suggesting the pick-up in activity anticipates a further reversal in OPEC+ production cuts and the possibility for the removal of U.S. sanctions. The current level of drilling activity is also some 30% higher than it was before the war in the Ukraine started, Bloomberg noted, in evidence of the resilience of Russias energy industry to Western sanctions.
Marcellus Drilling News
APRIL 24, 2025
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 and consumptive use for responsible and safe shale drilling. The SRBC published a notice in the April 19 Pennsylvania Bulletin that.
OilPrice
APRIL 24, 2025
Iraq is moving to achieve energy security by diversifying its energy sources and reducing reliance on imports of Iranian electricity and natural gas. A warning that expeditious action is needed was the removal of the U.S. sanctions waiver that allowed Iraq to import electricity from Iran. While Iranian electricity is only about 2% of Iraqs demand, Iranian natural gas is over 40%, making diversification crucial.
Marcellus Drilling News
APRIL 24, 2025
Yesterday, MDN brought you the big news that EQT is buying out and merging in Olympus Energy (see EQT Buying Olympus Energy for $1.8 Billion; 90K Acres, 0.5 Bcf/d). EQT CEO Toby Rice spoke about that purchase during a quarterly conference call with analysts yesterday. Today, we bring you the rest of the news from.
OilPrice
APRIL 24, 2025
Crude oil prices were about to end the week with another loss following a report that OPEC+ may be considering another larger than initially planned output boost in June. A renewed hope for peace in the Ukraine contributed to the bearish mood among traders. Benchmarks were both up at the time of writing, with Brent crude at $66.98 per barrel and West Texas Intermediate at $63.21 per barrel.
Marcellus Drilling News
APRIL 24, 2025
Range Resources issued its first quarter 2025 update yesterday. Range produces a significant volume of NGLs (ethane and propane), in addition to methane (natural gas). Range CEO Dennis Degner told analysts yesterday that, no matter how the tariff dust settles, demand is expected to be relatively strong for its U.S. East Coast volumes of NGLs.
OilPrice
APRIL 24, 2025
Amid the oil price crash and macro headwinds, Eni SpA (NYSE: E) on Thursday reduced its capital expenditure plans for 2025 and vowed to cut more costs as it maintained the planned shareholder distributions such as dividend and buybacks. The Italian energy major reported an adjusted net profit of $1.6 billion (1.41 billion euros) for the first quarter of the year, down by 11% from the same period of 2024.
Marcellus Drilling News
APRIL 24, 2025
Compressor Station 165 in Pittsylvania County (in southern Virginia) is part of the Transco pipeline network, the nations largest-volume interstate natural gas pipeline system.
OilPrice
APRIL 24, 2025
Chevron plans to begin drilling an exploration well offshore Namibia, where several international majors have found huge oil and gas resources in recent years. Chevron Namibia Exploration Limited considers drilling the well in 2026 or 2027 in Petroleum Exploration License 82 in the Walvis Basin, Reuters quoted Chevrons Namibian subsidiary as saying.
Marcellus Drilling News
APRIL 24, 2025
Data centers and the gas-fired power plants that will provide electricity to them are all the rage these days, particularly in Pennsylvania. After years of no new gas-fired power plants being announced in the Keystone State due to the attempt by PA’s governors to inflict a carbon tax on them, there has been a flurry.
OilPrice
APRIL 24, 2025
Over the past three years, Western OEMs have retrenched to core markets, aiming to restore profitability after years of margin pressure. Input costs declined in 2024, but turbine prices continued to rise, helping Western OEMs improve their earnings. Still, CAPEX remains a central concern for developers, especially as interest rates stay elevated. In China, manufacturers responded to the phase-out of feed-in tariffs by introducing larger turbine models to keep costs down.
Malcolm Graham Wood
APRIL 24, 2025
Oil eased yesterday as Opec+ said that production could be increased in June.Today afentra has supplied excellent results, as ever and Jadestone is tightening the belt. The post Flash blog: Afentra, Jadestone. appeared first on Malcy's Blog.
OilPrice
APRIL 24, 2025
In 2020, British Columbia approved LNG Canada, the first megaproject of its kind to get the green light in this Canadian province. LNG Canada consists of an export plant that cools the natural gas to a liquid using a combination of hydroelectricity and natural gas, statesLNG Canada a consortium of Shell, Mitsubishi Corporation, Petronas, PetroChina and Korea Gas Corp.
Cisco: Oil & Gas
APRIL 24, 2025
Cisco is the Security Cloud Provider to the Black Hat conferences. Learn about the latest innovations for the SOC of the Future.
OilPrice
APRIL 24, 2025
Oil prices climbed on Thursday as investors considered potential OPEC+ output hikes and positive US-China trade talk developments. Kazakhstan's deviation from OPEC+ quotas raises concerns about market stability and possible price wars. Uncertainty surrounding US-Iran nuclear talks and sanctions adds another layer of complexity to the oil market outlook. 1m ago 7:55am CST Oil Prices Bounce Back Despite Conflicting Market Influences Oil prices climbed Thursday, with Brent crude up 01.19% to $66.91
Enverus
APRIL 24, 2025
In todays FTR auctions, its not just about bidding skill its about outsmarting uncertainty. As renewables grow their footprint across U.S. power markets, the influence of weather on congestion patterns, volatility and forward price curves is more critical than ever and full of opportunity for traders who know where to look. Thats where advanced weather analytics can provide traders with an edge.
OilPrice
APRIL 24, 2025
Electricity prices in Europe are falling this spring from two-year highs in the winter of 2025 as natural gas prices fall and renewable power generation jumps. Expensive natural gas in the winter amid cold weather and fast-depleting gas storage sites pushed up power prices in Europe to the highest in two years. Low wind speeds curtailed a lot of wind power generation in the winter, forcing power generators from Germany to the UK to run more gas-fired electricity capacity.
EnergyTrend
APRIL 24, 2025
Iran Imposes Mandatory Photovoltaic Installation for Government Buildings AccordingtoWechatOfficialAccount@SolarStoragePlanet,Iranhasbeenfacinganincreasinglysevereelectricitysupplyprobleminrecentyears,especiallyduringthesumm.
OilPrice
APRIL 24, 2025
Guyanas oil output took a dip in March, sliding to 627,000 barrels per day (bpd) from Februarys 648,000 bpd, a new report from Reuters shows. That puts first-quarter production at a still-robust 631,000 bpd on average, according to the countrys energy ministry. A blip? Sure. A bust? Not even close. Lets not forget: just five years ago, Guyana didnt even have a spot on the global oil map.
EnergyTrend
APRIL 24, 2025
Jordan Initiates Anti-Dumping Investigation on Chinese Photovoltaic Cells AccordingtoSolarbe,onApril15,2025,theNationalProductionProtectionDirectorateoftheJordanianMinistryofIndustry,TradeandSupplypublishedanoticeintheoffici.
OilPrice
APRIL 24, 2025
Just a few years ago, Chinas energy-storage industry was riding high on a sugar rush of subsidies, soaring demand, and sky-is-the-limit optimism. But this is 2025, and China is waking up with a tariff-sized headache and a hangover from its own price war. At the heart of the drama is the battery energy storage sector (BESS)those magical boxes that soak up solar and wind energy and spit it back out when the grid needs it.
Oil & Gas 360º
APRIL 24, 2025
(Oil & Gas 360) – THE WOODLANDS, Texas , April 24, 2025 / PRNewswire / —TETRA Technologies, Inc. (“TETRA” or the “Company”) (NYSE:TTI) announced that on April 22, 2025 the Arkansas Oil & Gas Commission (“AOGC”) approved TETRA’s application to expand the previously approved Evergreen Unit from 6,138 gross acres to 6,953 gross acres.
OilPrice
APRIL 24, 2025
China's halt on a wide range of critical minerals and magnet exports in retaliation for U.S. tariffs has disrupted some of Elon Musk's plans to build humanoid robots. The very act of Beijing choking off supplies of critical components highlights the urgent need to friendshore or reshore rare earths mining and refining, as well as advanced technology supply chains, if the U.S. hopes to maintain its dominance into the 2030s.
Oil & Gas 360º
APRIL 24, 2025
(World Oil) – Eni has reached financial close with the UK Governments Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO 2 transport and storage system (T&S) of the HyNet industrial Cluster. The financial close allows the Liverpool Bay CCS project to move into the construction phase, unlocking key investments in supply chain contracts, the majority of which will be spent locally.
OilPrice
APRIL 24, 2025
China continues to witness weak demand for liquefied natural gas and its LNG imports in April are estimated to be 20% lower than the volumes imported in the same month last year, Bloomberg reported on Thursday, citing data from analytics firm Kpler. LNG import demand in China has been weaker this year amid comfortably full winter inventories. Chinese LNG imports are expected to drop in 2025, according to the latest estimates fromBloombergNEF.
Oil & Gas 360º
APRIL 24, 2025
Vancouver, British Columbia–(Newsfile Corp. – April 24, 2025) – Li-FT Power Ltd.
OilPrice
APRIL 24, 2025
Importers of liquefied natural gas in Japan are bracing for the possibility that long-term supplies from one of the worlds top exporters could become uncertain. Australians are heading to the polls on May 3 and, according to Reuters, whichever party wins, there may well be less LNG for exports than before the elections. Australia has been balancing on the edge of a domestic natural gas shortage because of its prioritization of exports, and this has turned into a major election issue in the run-u
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