POWER Magazine
APRIL 1, 2025
The last operating large coal-fired power plant in Finland has shut down, with the facility’s operator saying it now will use electricity, waste heat, and heat pumpsalong with burning biomassto […] The post Finland Ending Use of Coal as Last Utility-Scale Plant Shuts Down appeared first on POWER Magazine.
OilPrice
APRIL 1, 2025
I have said in recent posts thatthe world economy is hitting resource limits of many kinds.These limits include oil, coal, and other sources of energy, including uranium, used as a fuel for nuclear power generation. Because of these limits, the world economy is being forced to shrink back.In my opinion, the direction it is headed in is toward smaller, mostly less-advanced, more independent, economies.
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Marcellus Drilling News
APRIL 1, 2025
Last week, MDN told you about three (so far) proposed Utica/Marcellus gas-fired power plants proposed for the New Albany International Business Park in Licking County, Ohio (see Multiple Utica-Fired Power Plants Planned for New Albany, Ohio). In that post, we mentioned proposals are coming for two projects that are somehow connected to Williams—the Socrates North.
OilPrice
APRIL 1, 2025
As Saudi Arabia pushes ahead with its ambitious Vision 2030 plan to build huge futuristic cities and resorts, the worlds top crude oil exporter will need to borrow more money on the debt markets as oil prices continue to linger at levels of about $20 per barrel lower than the Saudi fiscal breakeven oil price. The Kingdom, the leader and main architect of the OPEC+ production cuts, is starting to ease a small part of these cuts on April 1, per the groups latest plan to add 138,000 barrels per day
Oil & Gas 360º
APRIL 1, 2025
(Oil & Gas 360) CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (CanCambria or the Company) today announced that the Hungarian Ministry of Energy (the “Ministry”) has selected CanCambria Hungary Kft (“CanCambria Hungary”), the Companys wholly-owned subsidiary, as the successful bidder for the Kiskunhalas Concession Tender Area (the Kiskunhalas Concession Area) for hydrocarbon exploration and production, subject to formal documentation and certain other conditions outl
OilPrice
APRIL 1, 2025
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 million barrel drop in the prior week. So far this year, crude oil inventories have climbed nearly 23 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 to
Marcellus Drilling News
APRIL 1, 2025
WhiteHawk Energy, headquartered in Philadelphia and owning mineral and royalty interests for over 1 million gross unit acres with over 3,400 producing horizontal shale wells between the Marcellus and the Haynesville, announced yesterday that it has doubled its ownership in Marcellus assets in Washington and Greene counties in southwest Pennsylvania.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
Energy Outlook Advisors
APRIL 1, 2025
Short video explaining the reasons for the rise in oil prices Energy Outlook Advisors' Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
OilPrice
APRIL 1, 2025
OPEC+ is expected to agree on a plan that would see production for the group increase in May, OPEC+ sources told Reuters on Tuesday. The OPEC+ group, comprised of the 12 OPEC membersSaudi Arabia, Iraq, Iran, Kuwait, Venezuela, Gabon, Algeria, Equatorial Guinea, Libya, UAE, Congo, and Nigeriaand non-OPEC member organizations Russia, Brazil, Mexico, Kazakhstan, Oman, Azerbaijan, Bahrain, Malaysia, South Sudan, Brunei, and Sudanproduce more than 45 million barrels of crude oil per dayor 59% of glob
Marcellus Drilling News
APRIL 1, 2025
MDN exclusively brought you the news, in June 2018, that Diversified Gas & Oil (now renamed to Diversified Energy) had purchased EQTs Huron Shale assets in Kentucky, Virginia, and West Virginia for $575 million (see Diversified Gas & Oil Adds to Conventional Assets in KY, VA, WV). The deal included nearly 12,000 wells with 200.
OilPrice
APRIL 1, 2025
Arctic LNG 2, the processing and export facility that was billed as Russias flagship LNG project, has gradually resumed gas processing after months of hiatus, Reuters reported on Tuesday, citing industry sources and satellite images. Arctic LNG 2 has been under U.S. and EU sanctions since last year, and the project hasnt been able to sell any cargo because of the sanctions.
Marcellus Drilling News
APRIL 1, 2025
GREAT news! The Ohio Oil and Gas Land Management Commission (OGLMC) met for about 15 minutes on Friday and voted to award Encino Energy the right to drill under (not on) 62.5 acres of Leesville Wildlife Area located in Carroll County. Encino will pay a $218,715 signing bonus and 18% royalties on any oil and.
OilPrice
APRIL 1, 2025
The upcoming European Union-Central Asia summit, to be held April 3-4 in the Uzbek city of Samarkand, is seen by some European observers as a potential watershed moment that can establish Brussels Global Gateway strategy as a genuine competitor to Chinas Belt & Road initiative for regional influence. Initial responses to a pre-summit Central Asian tour by EU foreign policy chief Kaja Kallas, however, indicate that Central Asian leaders are cautious about the EUs bid to raise its regional profile
Marcellus Drilling News
APRIL 1, 2025
The State of West Virginia’s fiscal year begins on July 1 each year and runs through June 30 of the following year. Looking at the state’s most recent fiscal year of July 1, 2023, through June 30, 2024, the natural gas and oil industry in WV accounted for over $660 million in state revenue via.
OilPrice
APRIL 1, 2025
Stronger economic growth than previously expected and booming demand for petrochemicals will lift Chinas oil demand by 1.1% this year, according to state giant China National Petroleum Corporation (CNPC). Chinese oil consumption is expected to reach 765 million metric tons this year, CNPCs Economics and Technology Research Institute (ETRI) said in a new outlook cited by Reuters on Tuesday.
Marcellus Drilling News
APRIL 1, 2025
The European Unions idiotic methane regulations will be enforced beginning this year. Domestic (European) oil, gas, and coal companies must monitor, measure, and report their emissions. The same restrictions apply to energy imports from other countries, including the U.S. (see Europeans Presume to Impose Their Regulations on American Gas). The arrogant Europeans presume to tell.
OilPrice
APRIL 1, 2025
Kazakhstans combined crude oil and condensate production reached an all-time high in March, which further exceeded the countrys crude output ceiling under the OPEC+ deal. Kazakhstan, a non-OPEC producer part of the OPEC+ pact, pumped a record high 2.17 million barrels per day (bpd) of crude oil plus condensate last month, industry sources told Reuters on Tuesday.
Marcellus Drilling News
APRIL 1, 2025
The experts at RBN Energy track 38 exploration and production (E&P) companies to monitor financial and operational performance. In a recent blog post, RBN found the 10 gas-weighted E&Ps (all but one with significant operations in the Marcellus/Utica) experienced a rebound in earnings during Q4 2024 after a rough first three quarters of the year.
OilPrice
APRIL 1, 2025
The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned production increase for May, a new Bloomberg survey showed on Tuesday. OPEC reduced its crude oil production for March to an average of 27.43 million barrels per daya reduction of 110,000 bpd from the prior month. The reduction comes as OPEC pushes its members into tighter compliance with their production quotas.
Malcolm Graham Wood
APRIL 1, 2025
Oil is up today as Brent for May rolls over. Figures from Serica with much going on or not, at Triton. And Angus are commissioning the new booster compressor. The post Oil price, Angus, Serica. And finally… appeared first on Malcy's Blog.
OilPrice
APRIL 1, 2025
One week after the Kremlin and the White House announced a deal that aimed to halt fighting between Ukraine and Russia in the Black Sea region and pave the way for a wider cease-fire, the effort is stumbling. In fact, the wider attempt to pause Europe's largest land war since World War II is also under severe strain, pulled in three different directions by three different presidents with three competing priorities.
CNBC: Energy
APRIL 1, 2025
JPMorgan Chase and Citigroup are serving as lead underwriters in Circle's IPO, according to the prospectus.
OilPrice
APRIL 1, 2025
The latest S&P Globals UK Purchasing Managers Index (PMI) shows that UK manufacturings woes have deepened. S&P Globals latest PMI survey, which asks around 600 industrial companies about their performances, suggests that manufacturing is again in the downturn following a poor start to the year. The latest figure showed that it decreased to 44.9, which was slightly better than the figure of 44.6 that economists had predicted.
EnergyTrend
APRIL 1, 2025
Renewable Energy + Storage Projects: No Green Certificates for Discharged Power AccordingtoOfficialAccount@EnergyStorageMarket,onMarch26,theNationalEnergyAdministration(NEA)issuedtheImplementationRulesfortheIssuanceofRenewableEner.
OilPrice
APRIL 1, 2025
Oil prices inched down slightly on Tuesday morning as OPEC+ begins adding supply from April 1, amid U.S. threats of secondary tariffs on buyers of Russian and Iranian oil and persistent concerns about U.S. tariffs weakening economic growth. As of 8:40 a.m. EDT on Tuesday, the front-month futures of the U.S. benchmark, WTI Crude, were trading down 0.07% at $71.43.
EnergyTrend
APRIL 1, 2025
Sichuan 20GW wafer + 20GW cell project, the first cell rolled off the production line! AccordingtoOfficialAccount@DNE,onMarch28th,thefirstpieceofmonocrystallinecellcameofffromtheproductionlineintheNo.1plantofSichuanShijingHigh-efficiency.
OilPrice
APRIL 1, 2025
The global rollout of 5G wireless networks over the past five or so years has been a bit of a mixed bag of success. On one hand, 5G has achieved significant advancements, notably in faster speeds, lower latency, and increased network capacity, enabling new applications like enhanced streaming, gaming, and remote medical services, as well as supporting industries like smart cities and autonomous vehicles.
Oil & Gas 360º
APRIL 1, 2025
( Oil & Gas 360) –THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (Ring or the Company) announced that it has completed its previously-announced acquisition (the Transaction) of the Central Basin Platform (CBP) assets of Lime Rock Resources IV, LP (Lime Rock) on March 31, 2025. Lime Rocks CBP operations are located in the Permian Basin in Andrews County, Texas, and are focused on the development of approximately 17,700 net acres wher
OilPrice
APRIL 1, 2025
TG Natural Resources has agreed to buy 70% of Chevrons natural gas assets in East Texas for $525 million, as the company indirectly owned by Japans Tokyo Gas and Castleton Commodities International expands its footprint in the Haynesville shale gas play. Of the $525 million price of the deal, TG Natural Resources (TGNR) is paying $75 million in cash, while the remainder $450 million would be paid as a capital carry to fund Haynesville development, prior to customary adjustments, TG Natural Resou
Oil & Gas 360º
APRIL 1, 2025
Calgary, Alberta–(Newsfile Corp. – March 24, 2025) – Tuktu Resources Ltd.
OilPrice
APRIL 1, 2025
Caspian Pipeline Consortium (CPC) blend oil exports have been capped at 1 million barrels per day, taking 700,000 bpd off the market, after Russia ordered the shutdown of two out of three moorings at the CPC main Black Sea oil export terminal. The order went into force on April 1. The Russian government has a 24% stake in CPC alongside minority shareholders Chevron and ExxonMobil.
Oil & Gas 360º
APRIL 1, 2025
Toronto, Ontario–(Newsfile Corp. – March 24, 2025) – Pedro Resources Ltd.
OilPrice
APRIL 1, 2025
Shell, Chevron, and Exxon have warned the Australian government a proposal aimed at curbing natural gas shortages on the domestic market might end up making them worse instead. The fact that the easiest lever the federal government now has to solve the southern gas problem is export controls, is not a reason to pull that lever harder, the chairwoman of Shell Australia, Cecile Wake, said at an industry event in Sydney, as quoted by Reuters.
Oil & Gas 360º
APRIL 1, 2025
Vancouver, British Columbia–(Newsfile Corp. – March 24, 2025) – Cypress Hills Resource Corp.
OilPrice
APRIL 1, 2025
Via Metal Miner Over the last ten years, industrial metal prices have gone on a wild ride, rising, falling and rising again, thanks to everything from global economic swings to supply chain hiccups and geopolitical drama. If youre in manufacturing, investing, or policy, keeping tabs on these price trends isnt just helpful, its essential.
Oil & Gas 360º
APRIL 1, 2025
Vancouver, British Columbia–(Newsfile Corp. – March 24, 2025) – Stardust Solar Energy Inc.
OilPrice
APRIL 1, 2025
Higher volumes of crude oil and refined products trading helped Gunvor, one of the worlds biggest independent commodity traders, raise its revenues for 2024 to $136 billion, up from $127 billion for 2023. Gunvors revenue increase was led by the growth of physically traded volumes of crude oil and refined products, which compensated for the lower-price commodities environment, the group said on Tuesday.
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