POWER Magazine
APRIL 11, 2025
A Texas-based solar energy developer has inaugurated a utility-scale project in that state. Vesper Energy said the 600-MW Hornet Solar installation, which features some 1.36 million modules and covers more than six square miles in Swisher County, is now fully operational. The post Vesper Energy Launches 600-MW Solar Project in Texas appeared first on POWER Magazine.
OilPrice
APRIL 11, 2025
The United States could halt Iranian oil exports if it increases pressure on Tehran to ensure that it will never obtain a nuclear weapon, U.S. Secretary of Energy, Chris Wright, told Reuters during a visit to Abu Dhabi in the United Arab Emirates (UAE). The U.S. allies in the Gulf region, which include the UAE and Saudi Arabia, are very concerned by the prospect of an Iran with a nuclear weapon and share the U.S. position that Iran shouldnt be allowed to have one, Secretary Wright told Reuters.
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POWER Magazine
APRIL 11, 2025
With its history of solar-friendly policies over the past two decades, California set the pace for solar adoption across the U.S., leading the nation in installed solar capacity for eight of the past 10 years, according to the Solar Energy Industries Association (SEIA). The post How Solar Developers Can Navigate California’s Ever-Changing Energy Landscape appeared first on POWER Magazine.
OilPrice
APRIL 11, 2025
Crude oil exports from Saudi Arabia to China are expected to increase substantially next month, thanks to the sizable price cut by the Saudis, Reuters reported today, citing unnamed sources. Volume allocations to Chinese refiners reveal that Saudi exports in May will rise to 48 million barrels from the 35.5 million barrels scheduled for delivery this month.
Marcellus Drilling News
APRIL 11, 2025
Last week MDN brought you the great news that Boardwalk Pipeline Partners launched an open season to offer an extra 2 billion cubic feet per day (Bcf/d) of capacity along its 5,975-mile Texas Gas Transmission pipeline network that stretches from Ohio to Louisiana, running through Indiana, Illinois, Kentucky, Mississippi, and Arkansas along the way (see.
OilPrice
APRIL 11, 2025
The April market rout, which crashed oil prices into the low $60s per barrel, is creating additional fiscal challenges to petrostates and oil-producing countries heavily dependent on oil revenues, on top of any tariff-related hardships. As Brent Crude prices sank to $63 per barrel, major producers in the Gulf region, as well as Brazil and Nigeria, are looking to contain the fallout from the price plunge.
Marcellus Drilling News
APRIL 11, 2025
For the week of Mar 31 – Apr 6, the number of permits issued in the Marcellus/Utica to drill new shale wells increased by two from the previous week. Last week, 21 new permits were issued, with 12 going to the Keystone State (PA).
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Malcolm Graham Wood
APRIL 11, 2025
Oil is up today but will still be down on the week. Results from Kistos are good and with an exciting outlook. And I replay my interview with Robert Bose for those who missed it. The post Oil price, Kistos, Sintana. And finally… appeared first on Malcy's Blog.
OilPrice
APRIL 11, 2025
Not long ago, falling oil prices were widely celebrated in the United States. Cheaper gasoline meant more disposable income for consumers, lower transportation costs for businesses, and a boost to sectors that rely on oil as an input. But in 2025, that simplistic view no longer holds up. The economic equation has changeddramatically. From Net Importer to Net Exporter In 2005, the U.S. was importing a staggering 12.5 million barrels of oil and finished products per day.
Marcellus Drilling News
APRIL 11, 2025
The U.S. Energy Information Administration (EIA) issued its latest monthly Short-Term Energy Outlook yesterday, the agencys monthly best guess about where energy prices and production will go in the next 12 months. In this latest assessment, EIA boosted its estimates for the Henry Hub price. The agency now expects the HH price to average $4.30.
OilPrice
APRIL 11, 2025
China hit back at the U.S. tariffs by raising on Friday the Chinese tariff on U.S. goods to 125% from 84% earlier, escalating the U.S.-China standoff. The U.S. imposition of abnormally high tariffs on China seriously violates international and economic trade rules, basic economic laws and common sense and is completely unilateral bullying and coercion, Chinas Finance Ministry said in a statement.
Mees
APRIL 11, 2025
OPECs Secretary General Haitham Al Ghais speaks with MEES about the vital importance of timely, transparent data for the energy sector and the challenges posed by disinformation and politicization.
OilPrice
APRIL 11, 2025
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week. The total rig count in the US fell by 7 to 583 rigs, according to Baker Hughes, down 34 from this same time last year. The number of oil rigs fell by 9 to 480down by 26 compared to this time last year.
CNBC: Energy
APRIL 11, 2025
Commodities analysts estimate that U.S. crude needs to stay above $65 per barrel to keep shale producers in business.
OilPrice
APRIL 11, 2025
Just ahead of the production increase beginning in April, the OPEC+ group boosted its oil production to an eight-month high in March, according to the Platts OPEC+ Survey from S&P Global Commodity Insights. The total oil production from the alliance rose to 41.04 million barrels per day (bpd) in March, up by 30,000 bpd from February. The producers in OPEC+ who have quotas busted their overall output ceiling by a massive 319,000 bpd, according to the Platts survey.
Oil & Gas 360º
APRIL 11, 2025
(Oil Price) –BP expects to post a weak natural gas trading result for the first quarter, as well as lower gas output, as the UK-based supermajor is resetting its strategy back to core oil and gas operations. Reported upstream production in the first quarter is expected to be lower compared to the prior quarter, with oil production slightly higher and gas and low-carbon energy output lower, including announced divestments in Egypt and Trinidad completed towards the end of prior quarter, BP
OilPrice
APRIL 11, 2025
Colombia's oil industry is being rocked by another scandal focused on environmental misdoings, human rights violations, and unreported oil spills. For decades, a "drill at all costs" mentality dominated Colombias domestic politics, allowing energy companies, especially national oil company Ecopetrol, to operate with impunity. While that permitted Colombia to become a leading regional oil producer, it led to severe environmental harm and civil conflict.
Oil & Gas 360º
APRIL 11, 2025
(BOE Report) – Abu Dhabi state oil company ADNOC is considering a bid for natural gas assets of investment firm Aethon Energy Management that could potentially be worth about $9 billion, Bloomberg News reported on Friday, citing people familiar with the matter. ADNOC has done a string of acquisitions in gas and chemicals, which along with LNG and renewables it considers as pillars for its future growth.
OilPrice
APRIL 11, 2025
Numbers Report April 11, 2025In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week well dig into some data and provide a bit of explanation on what drives the numbers. Lets take a look.1.
Oil & Gas 360º
APRIL 11, 2025
This weeks Baker Hughes Rig Count shows that the U.S. decreased by 7 over last week, resulting in a total count of 583 rigs. Canada had a decrease of 15 over last week, resulting in a total Canadian count of 138 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Barnett, and the Haynesville regions experienced an increase this week.
OilPrice
APRIL 11, 2025
BP expects to post a weak natural gas trading result for the first quarter, as well as lower gas output, as the UK-based supermajor is resetting its strategy back to core oil and gas operations. Reported upstream production in the first quarter is expected to be lower compared to the prior quarter, with oil production slightly higher and gas and low-carbon energy output lower, including announced divestments in Egypt and Trinidad completed towards the end of prior quarter, BP said in a Q1 tradin
Oil & Gas 360º
APRIL 11, 2025
(Oil Price) –The April market rout, which crashed oil prices into the low $60s per barrel, is creating additional fiscal challenges to petrostates and oil-producing countries heavily dependent on oil revenues, on top of any tariff-related hardships. As Brent Crude prices sank to $63 per barrel, major producers in the Gulf region, as well as Brazil and Nigeria, are looking to contain the fallout from the price plunge.
OilPrice
APRIL 11, 2025
European Union member states on Friday agreed to give more flexibility to the natural gas storage goals by expanding the period in which countries should have 90% full storage ahead of the winter and could deviate by up to 10% from the filling target. The EU supported the European Commissions proposal to extend the gas storage regulation by two years.
Oil & Gas 360º
APRIL 11, 2025
(Investing) –HOUSTON- At least two vessels carrying Venezuelan crude chartered by Chevron (NYSE: CVX ) are now stalled in Venezuelan waters due to state oil company PDVSA canceling their export authorizations after the U.S. imposed secondary tariffs on the OPEC members buyers, two sources with knowledge of the matter said on Friday. The U.S. oil producer awaits customs paperwork to return the cargoes to ports after PDVSA on Thursday canceled set-sail authorizations to two of the Chevron-ch
OilPrice
APRIL 11, 2025
If this weeks volatility wasnt enough for you, the weekend promises to cook up even more market catalysts to ensure a manic Monday. As the market spins in a kaleidoscope of newsflashes about tariffs, more tariffs, postponement of tariffs (allegedly influenced by a hedge fund billionaire), more tariff threats, recession, crashing oil prices, and a dismal outlook for demand, the only thing that's certain is that this is far from over.
Marcellus Drilling News
APRIL 11, 2025
MARCELLUS/UTICA REGION: PJM, Google, Tapestry join forces to apply AI to regional planning, interconnection; NATIONAL: U.S. shale faces toughest challenge since the 2020 oil price plunge; U.S. crude oil exports reached a new record in 2024; AI-driven power demands are creating a strange bedfellows energy alliance; AI needs natural gas to survive; CEOs say sub-$60.
Rigzone
APRIL 11, 2025
TC Energy Corp. Chief Executive Officer Francois Poirier ruled out selling the Canadian Mainline natural gas pipeline.
BOE Report
APRIL 11, 2025
CALGARY, AB, April 11, 2025 /CNW/ – MEG Energy Corp.
Rigzone
APRIL 11, 2025
Oil prices rose Friday but marked a second weekly loss due to deepening US-China trade tensions and demand concerns.
Oil & Gas Magazine
APRIL 11, 2025
Durante la Convencin Nacional Petrolera 2025, expertos en materia energtica mencionaron que la reforma energtica respet en esencia lo que debe ser el upstream en el pas, sin embargo no deja de ser una reforma econmica En el marco de las actividades de la Convencin Nacional Petrolera 2025 se llev a cabo la conferencia Impacto de la regulacin secundaria, un anlisis a fondo moderada por Sergio Pimentel Vargas, Director Jurdico de Jaguar, Exploracin y Extraccin de Hidrocarburos y con la participacin
SmartBrief
APRIL 11, 2025
Across the United States, nearly 800 rural hospitals are at risk of closing , putting hundreds of thousands of patients at risk of losing local access to health care. For many, these hospitals serve as the only nearby option for routine checkups, chronic disease management, and even emergency care. As these facilities struggle financially and, in some cases, close their doors, telehealth has emerged as a viable solution keeping rural communities connected to medical professionals, improving pat
Rigzone
APRIL 11, 2025
The Lone Star State may be the heart of America's oil and gas map, but it's quickly becoming the biggest installer of a technology key for renewables development.
Oil & Gas Magazine
APRIL 11, 2025
Autoridades de ENI Mxico, Woodside Energy y Cotemar se presentaron en la Convencin Nacional Petrolera 2025 para dar sus perspectivas en la materia del pas En el marco de la Convencin Nacional Petrolera 2025 liderada por la AMEXHI se realiz el panel La primera dcada de trabajo en Mxico y perspectivas a futuro moderado por Carla Garca, Directora de Asuntos Externos y Gubernamentales de ExxonMobil Mxico y con la participacin de Alejandro Villarreal, Director Ejecutivo de Cotemar; Giorgio Guidi, Man
Rigzone
APRIL 11, 2025
'At 442.3 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year', the U.S. Energy Information Administration said.
Oil & Gas Magazine
APRIL 11, 2025
Flix Robelo fue Presidente Estatal de Onexpo Sonora AC. en el periodo de 2013-2017 y su ltimo cargo fue el de Vicepresidente de Onexpo Nacional en 2023-2024 Onexpo Nacional AC, la organizacin que agrupa a empresarios gasolineros de 32 entidades del pas, anunci la renovacin de los integrantes de su consejo y estructura directiva. El sonorense Enrique Flix Robelo, fue elegido por unanimidad como presidente nacional.
Rigzone
APRIL 11, 2025
3t's training center in Houston is a safety critical training facility for energy and high risk environments, 3t highlighted.
Oil & Gas Magazine
APRIL 11, 2025
Tres entidades de la Repblica mexicana crearon sus propios espacios para impulsar el networking, el comercio y el desarrollo industrial Esta semana, los gobiernos de tres entidades anunciaron la inauguracin de eventos para impulsar un sector industrial en concreto, comenzando con Guanajuato, el cual sigue consolidndose como un referente nacional en innovacin, desarrollo tecnolgico y manufactura avanzada al ser sede, por primera vez, de la feria ms importante del sector de arneses elctricos, elec
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