Sat.May 31, 2025

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Preventing Cascading Failures in Power Grids

OilPrice

Power grids around the world are decentralizing at a rapid pace as renewable energy production vastly reshapes where electricity is produced. This will require a massive systems overhaul in the way that our power grids are designed, maintained, and protected. Instead of maintaining grid management at a central hub, more and more software and hardware developments are taking place at the grid edge.

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Breaking News: OPEC+ V8 decided to increase production ceiling by 411 kbd in July.

Energy Outlook Advisors

Breaking News: Subscribe now OPEC+ V8 decided to increase production ceiling by 411 kbd in July. The impact is limited as we disused in the past (please see previous published Note and Podcasts on the subject). Please contact us if you have any questions. The production ceiling has risen by about 1.37 mb/d. The remaining voluntary cuts is 0.827 mb/d.

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The Battery Tech That Could Replace Lithium

OilPrice

As governments and companies look to a future run on renewable energy, the need for utility-scale batteries is greater than ever. Currently, the dominant battery form is the lithium-ion battery, which is produced using lithium and other critical minerals, a market dominated by China. While this type of battery is extremely useful for electronics, electric vehicles (EVs), and utility-scale storage, demand for lithium is expected to outpace supply in the coming years.

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Saylor's bitcoin buying strategy is 'exploding' globally, but Wall Street is skeptical

CNBC: Energy

Michael Saylor applauds efforts by other companies to replicate his strategy of using cash to buy bitcoin.

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Evolving U.S.-Canada Relations Spark Shift in Strategy

OilPrice

For years, the US has been a stalwart ally to Canada, peacefully sharing the longest international land border in the world. The US and Canada have worked together to develop valuable north-south integration of energy infrastructure that benefits both nations and have partnered to develop common specifications and standards for many products, including petroleum fuels and passenger vehicles.

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MEG Energy Safely Evacuates Non-Essential Personnel from Christina Lake Regional Project Amid Wildfires

BOE Report

CALGARY, AB, May 31, 2025 /CNW/ – MEG Energy Corp. (“MEG” or the “Corporation”) (TSX: MEG) provided an update today on operations at its Christina Lake Regional Project (CLRP) production facilities in response to regional wildfires south of CLRP.

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From Leader to Laggard? U.S. Faces Carbon Capture Slowdown as EU Surges Ahead

OilPrice

Carbon capture and storage (CCS) has long been recognized as a critical technology for achieving net-zero emissions, particularly in hard-to-abate sectors like steel, cement, and chemicals. Historically, the United States has been at the forefront of CCS development, propelled by generous subsidies and tax incentives, notably the 45Q tax credit enhanced by the Inflation Reduction Act (IRA).

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U.S. Urges Russia to Accept Current Ukraine Deal

OilPrice

The US representative to the United Nations told the UN Security Council on May 29 that the deal now on offer to end the war in Ukraine is the best possible outcome for Russia and that President Vladimir Putin should take it. Prolonging the war is in no one's interest, said John Kelley, acting US alternate representative to the UN, warning of the possibility that the United States would "consider stepping back" from its negotiation efforts if Russia "makes the wrong decision to continue this cat

IT 195
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Oil Production Increases at Nasiriyah and Saba Fields

Iraq Business News: Oil & Gas

By John Lee. The Iraqi Ministry of Oil has announced that crude oil production at the Nasiriyah and Saba [Subba] fields has been raised to a combined total of 100,000 barrels per day (bpd), as part of the first phase of a broader integrated development plan. Saeed Zghair Shallagha, Director General of Dhi Qar Oil Company (DQOC) , said that this increase is the result of an intensive three-month effort led by national engineering and technical teams.

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Reducing Downtime | The Impact of Portable Equipment on Gas Production

Pro-Gas Services

Natural Gas Liquids (NGLs) ethane, propane, butanes, and natural gasoline are essential to modern life, fueling industries and forming the building blocks for countless products. Meeting the growing demand for NGLs requires increasingly sophisticated natural gas liquid separation methods. Traditional techniques face pressures for better performance, leading to exciting innovations in NGL processing.

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Why Must Blockchain Be Part of Any Renewable Energy Platform?

Navigate Power

Are you struggling to find transparent, secure, and cost-effective solutions for your renewable energy investments? The integration of blockchain and renewable energy represents a revolutionary approach thats transforming how businesses procure, trade, and manage clean power. Navigate Power LLC recognizes the crucial importance of utilizing cutting-edge technologies to optimize energy procurement strategies.

Energy 52
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Breaking News: OPEC+ V8 decided to increase production ceiling by 411 kbd in July.

Daily Energy Report

Breaking News: Subscribe now OPEC+ V8 decided to increase production ceiling by 411 kbd in July. The impact is limited as we disused on Thursday. The production ceiling has risen by about 1.37 mb/d. The remaining voluntary cuts is 0.827 mb/d. Next meeting is scheduled for July 6 to decide August's production level.

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Product Life Cycle: Stages, Examples and Reliability Effects

PetroSync

Embarking on the complex terrain of product management requires a solid grasp of the product life cyclean essential concept outlining a product’s journey from creation to market exit. This comprehensive framework comprises distinct stages: Development, Introduction, Growth, Maturity, and Decline. Each stage plays a unique role in shaping the product’s path.

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Why Hasn’t Trump Hit Russia With More Sanctions?

OilPrice

So far, Russia has resisted Western calls for a cease-fire in its war on Ukraine. And so far, US President Donald Trump has resisted calls by Kyiv and European countries to impose additional sanctions on Moscow in response. Trump has threatened to use "devastating" measures against Russia if he feels the time is right. But he has repeatedly said that time has not yet come, voicing concern that imposing new sanctions could undermine his push for peace by hardening President Vladimir Putin's stanc

IT 247
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Industry 101: Direct Fired Heaters vs Indirect Fired Heaters

PetroSync

In the industrial heating domain, two essential players stand out: direct and indirect fired heaters. Direct fired heaters directly expose materials to flames for efficient heat transfer, while indirect fired heaters use an intermediary heat transfer fluid to prevent direct contact with combustion gases. This article delves into the distinctive functionalities, applications, and key differentiators [.

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Boilers and Furnaces Differences Explained Clearly

PetroSync

As we delve into the intricacies of heating systems, it is essential to understand the fundamental of two commonly used devices: boilers and furnaces differences. These heating systems play pivotal roles in providing warmth to homes, commercial spaces, and industrial facilities. Boilers and furnaces operate on distinct principles, each with its unique advantages and applications. [.

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A Guide to 5 Whys Analysis of The Root Cause Effectively

PetroSync

Knowing the right method for solving problems is crucial in any organization. It serves as a compass, guiding us toward effective solutions that address the fundamental reasons behind challenges rather than just surface-level symptoms. In this article, we explore the world of root cause analysis, focusing on the 5 Whys analysis. This method lets us [.

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Fired Heaters Application in Industrial Processes

PetroSync

Embarking on the journey through refining processes reveals the vital role of fired heaters in ensuring efficient and precise operations within these industrial settings. This article thoroughly explores the fired heaters application in refineries, uncovering their importance in processes such as heating hot oil and converting heavy hydrocarbons. What Is A Fired Heater?

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Corrective and Preventive Actions for Risk Reduction

PetroSync

In this article, we delve into the important concepts of Corrective and Preventive Actions (CAPA) and their vital role in ensuring the reliability and excellence of systems and processes. Discover essential strategies, best practices, and real-world examples illustrating how CAPA contributes to maintaining operational integrity and reducing risks. What Is Corrective Action (CA)?

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Operator-Driven Reliability in Industrial Operations

PetroSync

Operator Driven Reliability (ODR) plays a crucial role in how we manage and maintain industrial assets. It’s a program where the people operating the machinery actively participate in keeping those assets working well. Despite its importance in proactive maintenance, some modern industrial facilities have been hesitant to fully embrace ODR. The main goals of the [.

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Reliability Testing in Manufacturing for Better Products

PetroSync

In the realm of manufacturing, ensuring products consistently perform well is crucial. From stress screening to ongoing reliability testing, this article explores the various tests that identify potential issues, assess durability, and enhance the quality of manufactured items. Read on to understand how these reliability testing contributes to creating long-lasting products in the competitive manufacturing [.

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Life Cycle Costing Analysis for Better Investment Decisions

PetroSync

In the asset management field, it’s vital to grasp the full scope of expenses related to an asset for informed decision-making and planning. Life cycle costing is a key concept that takes a comprehensive view of all costs an asset will incur throughout its entire lifespan. Instead of just considering the initial purchase costs, life [.] The post Life Cycle Costing Analysis for Better Investment Decisions appeared first on PetroSync Blog.

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Optimal Reliability Design for Operational Excellence

PetroSync

In industries where reliability is crucial, achieving optimal reliability design becomes a vital pursuit. As businesses rely more on complex systems and advanced technologies, ensuring these systems operate with the highest dependability is not just a preference but a necessity. This article explores the details of optimal reliability design in its fundamental principles.