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You may have heard of the Tennessee Valley Authority (TVA), our nations largest public utility and source of cheap, clean, and reliable electricity for 10 million people. You may even […] The post America’s Nuclear Renaissance: How the TVA Can Lead Our Energy Future appeared first on POWER Magazine.
Oil prices rallied on Wednesday after U.S. government data showed a draw in fuel inventories. Brent crude for May delivery gained 1.6% to trade at $71.98 per barrel at 12.30 pm ET while the comparable WTI contract climbed 1.8% to change hands at for U.S. government data showed that crude stocks rose by 1.7 million barrels last week to 437 million barrels, significantly higher than the Wall Street consensus of a 512,000-barrel build.
Advanced nuclear firm Oklo has signed an Interface Agreement (IAG) with Idaho National Laboratory (INL), marking a key regulatory milestone in the siting and environmental review of its first commercial […] The post Oklo Advances Siting, On Track for Aurora Nuclear Fast Reactor Deployment at INL in 2027 appeared first on POWER Magazine.
Taiwans state-held oil and gas company CPC Corporation on Thursday signed a letter of intent to invest in the Alaska LNG export project and buy LNG from it, as part of a move to bolster its gas supply and energy security. The preliminary deal was signed between CPC and the state-run firm Alaska Gasline Development Corporation (AGDC) in the presence of Alaska Governor Mike Dunleavy, the Taiwanese Ministry of Economic Affairs said in a statement.
Energy experts have called for bold reformsfrom transmission planning to permitting streamlining and faster interconnection approvalsto prevent further volatility and ensure PJM Interconnection meets its reliability mandate without disproportionately burdening […] The post PJM Market Challenges Demand Bold Reforms, Experts Warn appeared first on POWER Magazine.
Europes oil and gas giants are increasingly scaling back their climate goals as they struggle to deliver on their ambitious clean energy pledges. Back in 2022, Norway's state-controlled energy giant Equinor ASA (NYSE:EQNR) laid out its roadmap to achieving net zero emissions. However, In February Equinor scrapped a pledge to devote more than 50% of its gross capital expenditure to renewables and low-carbon solutions by 2030.
Utilities seek to pursue critical advanced metering infrastructure (AMI) 2.0 outcomes, such as advanced analytics, demand response programs, outage management, distributed energy resource integration, and improved customer technology adoption by […] The post How Utilities Can Prepare for the AMI 2.0 Era appeared first on POWER Magazine.
Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price likely to average in the low $70s, analysts and investment banks say. With the U.S. new administration, experts expect the average price to be lower compared to last year amid concerns about demand as economic uncertainty spiked with the start of the trade and tariff wars.
Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price likely to average in the low $70s, analysts and investment banks say. With the U.S. new administration, experts expect the average price to be lower compared to last year amid concerns about demand as economic uncertainty spiked with the start of the trade and tariff wars.
This is a sweet victory for our side. Last summer, MDN told you about a lawsuit being heard to hold Big Green groups (namely Greenpeace) responsible for their actions. Energy Transfer (ET), the owner and operator of the Dakota Access Pipeline (DAP), sued Greenpeace and other alleged instigators for $300 million for the damages sustained. The post Jury Makes Greenpeace Pay $660 Million to Energy Transfer re DAP first appeared on Marcellus Drilling News.
U.S. natural gas prices fell on Thursday after the EIA reported a larger-than-expected inventory build coupled with forecasts for milder weather and less demand next week. Natural gas futures were down 4.6% to trade at $4.05/MMBtu at 11.00 am ET, reversing the multi-year high of $4.35/MMBtu they reached on March 10. U.S. utilities added 9 billion cubic feet of gas to storage for the week ending March 14, way higher than the forecast of 3 billion cubic feet.
Earlier this week, MDN told you that the Ohio Chamber of Commerce was putting its considerable influence behind a pair of bills making their way through the state legislature: Senate Bill (SB) 2 and House Bill (HB) 15 (see Ohio Chamber Makes Case to Tap Trapped Utica Wells for Powergen). The Chamber is celebrating today. The post OH Senate Bill 2 Passes Unanimously to Spur More NatGas-Fired Power first appeared on Marcellus Drilling News.
Last November, Nigerias oil production hit the highest in 2024, at 1.7 million barrels daily. The countrys government has a stated ambition to boost that considerably, by some 1 million barrels daily within two years. But there is a problem it needs to solve first: pipeline sabotage. Earlier this week, an explosion rocked the Trans-Niger Pipeline, one of the main conduits for crude pumped in the Niger Delta, which carries it to the Bonny export terminal.
Yesterday, Venture Global received approval from the U.S. Department of Energy (DOE) to export liquefied natural gas (LNG) to non-FTA countries for its third project, CP2 LNG, in Cameron Parish, Louisiana. Venture Global is working through a final investment decision (FID) to proceed with the project. The DOE approval is a key milestone for the. The post DOE Grants CP2 LNG (La.
Via Metal Miner The Aluminum Monthly Metals Index (MMI) remained sideways with an upward bias. Overall, the index rose 1.16% from February to March, supported by modest increases in global aluminum prices. Midwest Premium Futures Stall after Aluminum Tariffs The aluminum market has started to settle following a sharp uptrend in U.S. premiums that began late last year.
You have to hand it to the environment-left; they sure are creative. How do they think these things up? Penn State researchers, committed to the religion of eliminating fossil fuels and the 100% adoption of unreliable renewables, are looking for a way to use old/depleted oil and gas wells—of which there are hundreds of thousands. The post Penn State: Store, Use Compressed Air in Old O&G Wells for Powergen first appeared on Marcellus Drilling News.
A group of EU member states, including the biggest economies Germany and France, are arguing that the bloc should allow more flexibility in its currently binding 90% full-storage target by November 1 each year, to avoid price spikes and market speculation. Germany and France are pushing for a lower or at least a more flexible target, as part of ongoing EU talks on extending the storage filling goals through 2027, sources with knowledge of the matter told Bloomberg.
The Pennsylvania Department of Environmental Protection (DEP) will hold an online webinar to provide an overview to the public on the DEP’s approach to implementing the federal Clean Air Act 40 CFR Part 60, Subparts OOOOb and OOOOc, also known as Quad O b/c, called “Reducing Emissions of Methane and Other Pollution from Oil and. The post PA DEP Hosting Apr 1 Webinar on Complying with EPA Quad O b/c Rule first appeared on Marcellus Drilling News.
Ofgem has announced plans to fast-track around 4bn of investment into expanding the UKs electricity transmission network as it looks to decarbonise the grid by 2030. The Advanced Procurement Mechanism (APM) will enable signed-off projects to break ground as soon as planning approval is granted, the energy regulator said in a statement on Thursday. It is the latest move by officials to free up the UKs planning system.
Oil is up another dollar, inventories are mixed but actually rather low by historical standards.Today PetroTal has good figures and DEC announce another share buyback. Touchstone also reports good figures with the central deal about to complete. Figures from GKP and EOG are changing their year end but the outlook is optimistic. Finally Coro have signed a further addendum in Vietnam and Prospex are buying Warrego out of Tarba.
European Union leaders are pledging to continue to support Ukraine militarily despite Russia's push to stop Western arms deliveries to Kyiv in the ongoing cease-fire talks. The bloc's leaders are gathering in Brussels on March 20-21 and are expected to adopt summit conclusions stating that "the European Union maintains its 'peace through strength' approach, which requires Ukraine to be in the strongest possible position, with its own robust military and defense capabilities as an essential compo
OEUK's annual share fair event shows why UK government needs to act to support the energy supply chain. The post Time to share: Energy supply chain awaits UK government to unlock billions of investment appeared first on Energy Voice.
A North Dakota jury has ruled that Greenpeace must pay $660 million in damages to pipeline major Energy Transfer after the group was found guilty of defamation, conspiracy, and physical damage to the Dakota Access pipeline.
Chinese EVs like Great Wall, BYD, Chery, and SAIC are flooding the streets in places other than the U.S., according to a new report from Bloomberg. While the U.S., Canada, and the EU impose tariffs to protect domestic automakers, emerging markets are embracing Chinese vehicles, creating fresh competition for global carmakers. Places like "Bangkok to Johannesburg to Sao Paulo" are being dominated by the new low cost, sleek EVs that China has been churning out en masse over the last half decade.
OTTAWA – Conservative Leader Pierre Poilievre made his second election campaign-style announcement in as many days Thursday, just as news broke that Prime Minister Mark Carney is widely expected to begin the race on Sunday. Poilievre was in Jonquire, Que.
Germanys top utility RWE is reducing its investment program for low-carbon energy projects by $10.9 billion (10 billion euros) amid mounting uncertainties about renewable energy policies and profitability. RWEs construction projects in renewable energy, totaling more than 12 gigawatts (GW), are progressing as planned, chief executive Markus Krebber said on Thursday in comments to the 2024 financial results.
Montreal, March 20, 2025 The construction of pipelines between Eastern and Western Canada would have helped diversify Canadian export markets and should be considered anew in the context of the U.S. tariff threats, says the MEI in a Viewpoint published this morning. Canadas high level of dependence on U.S.
Turkey will get a three-month extension of the U.S. sanctions waiver allowing it to pay for Russian natural gas imports via a U.S.-sanctioned Russian bank, a Turkish official with direct knowledge of the situation told Bloomberg on Thursday. Turkey, which imports about half of its gas from Russia, obtained the first such U.S. waiver in December, after the United States sanctioned Russian Gazprombank at the end of November.
OTTAWA – A Mark Carney government will maintain the cap on emissions from the production of oil and gas, Environment Minister Terry Duguid said in a recent interview.
The UKs energy regulator, Ofgem, on Thursday said a new set of rules are granting early access to nearly $5.18 billion (4 billion) of investment for crucial transmission equipment and services, which is expected to connect renewable energy projects to the grid quicker. Ofgems new Advanced Procurement Mechanism (APM) will unblock supply chains by allowing Britains electricity transmission owners (TOs) to buy essential equipment such as switchgear, cables, and steel years in advance of when it i
EVE Energy Expands Large Cylindrical Battery Production Capacity to Meet Delivery Demands OnMarch20,EVEEnergyannouncedplanstoissueconvertiblecorporatebondstotalingRMB5billiononMarch24.Accordingtothecompanysprospectus,thefundsraisedwillbeus.
Follow This, an activist investor in BP, will seek a vote against the reappointment of the supermajors chair at the shareholders meeting next month, after BP didnt consult shareholders on its strategy reset to refocus on oil and gas. We don't want the chair to resign, Follow This said in a statement on Thursday carried by Reuters, referring to BPs chair Helge Lund.
100MW/576MWh! e-STORAGE wins big order in USA AccordingtoCSI,onMarch20,2025,e-STORAGETechnologyCo.,Ltd.(hereinafterreferredtoas"e-STORAGE"),asubsidiaryofCSISolarCo.,Ltd.,announcedthatithassignedab.
Since 2020, the demand for power purchase agreements (PPAs) has surged, driven by tax incentives, corporate clean energy goals, and increasing power needs. Data centers and the push for 24/7 clean energy matching are further accelerating this trend. The rapid development of U.S. renewables has shifted the market dynamics, creating a buyers’ market where PPA durations have shortened to 10-15 years, which is less than the lifespan of most assets, due to off-taker preferences.
EDMONTON – Alberta Premier Danielle Smith and Prime Minister Mark Carney are meeting today for the first time since he was sworn into office last week.
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