POWER Magazine
MARCH 25, 2025
An Ohio town known as a hub for the burgeoning data center industry may soon have one or more new natural gas-fired power plants to support the area's need for energy. The post More Natural Gas-Fired Plants Planned to Support Ohio Data Centers appeared first on POWER Magazine.
OilPrice
MARCH 25, 2025
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 million barrels for the week ending March 21. Analysts had expected a dip of 2.5 million barrels. So far this year, crude oil inventories have climbed more than 16 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 0.2 million barrels again t
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Marcellus Drilling News
MARCH 25, 2025
Last week, MDN told you that fracking has begun under the park, and literally nobody noticed (see Drilling Begins Under Salt Fork State Park No Signs of Fracking). The radical left has been stroking out over the prospect of drilling under (not on) Salt Fork and other state-owned parks and lands. The Big Green-backed. The post $9.6M Renovation Coming to Salt Fork State Park, Thx to Fracking first appeared on Marcellus Drilling News.
OilPrice
MARCH 25, 2025
In a mere six years, one of South Americas poorest nations, Guyana, has emerged as the worlds newest petrostate. There is speculation that the tiny country of less than one million is on track to become the continents second-largest oil producer. Even neighboring Venezuelas President Maduros never-ending saber rattling over the Essequibo is not distracting the national government, in the capital Georgetown, from promoting the worlds fastest-growing oil boom.
Marcellus Drilling News
MARCH 25, 2025
A one-in-a-million, freaky-deaky accident happened in Westmoreland County, PA, that caused a conventional natural gas well operated by Kriebel Natural Gas Co. to explode. On March 19, a truck was hauling a trailer down nearby Interstate 76 Eastbound. The wheel/rim set (with brake drum and tires still attached) disconnected from the trailer and went flying.
OilPrice
MARCH 25, 2025
Turns out the coal party might be winding down earlyat least for Glencore. The worlds biggest exporter of thermal coal has finally said enough is enough and announced its cutting output at its Colombian Cerrejon mine by up to 10 million tons this year. Thatll leave production somewhere between 11 and 16 million tons, depending on how grim things get.
Marcellus Drilling News
MARCH 25, 2025
Two researchers from Miami University of Ohio have just published a new study (full copy below) that makes a bombshell revelation: Between the years of 2007 and 2019, the extraction and use of shale natural gas led to a REDUCTION in so-called greenhouse gases of 7.5% in the United States. Although the authors are careful. The post Miami Univ. Study Finds Shale Gas Reduces U.S.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
Marcellus Drilling News
MARCH 25, 2025
Antero Resources, which is 100% focused on the Marcellus/Utica with over 500,000 net acres under lease and the largest M-U driller and producer in West Virginia, shoots to produce 3.4 billion cubic feet equivalent per day (Bcfe/d) of natural gas in the Mountain State. The company recently reported net production averaging 3.43 Bcfe/d in 4Q24, The post Antero Resources Continues as WVs Largest Producer with 3.4 Bcfe/d first appeared on Marcellus Drilling News.
OilPrice
MARCH 25, 2025
Indian state-owned Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas explorer and producer in the country, plans to diversify in refining, petrochemicals, LNG trading, and renewable energy as it expects lower oil prices amid a looming crude supply glut. Globally, we are heading to a glut in oil supplies which means prices will reduce, Arunangshu Sarkar, director for strategy at ONGC, told Bloomberg in an interview published on Tuesday.
Energy Voice
MARCH 25, 2025
Turning the UK into an AI powerhouse implies a lot more energy consumption. However, a large number of data centres already exist, and power demand is lower than ten years ago. Digitalisation makes an economy less energy intensive rather than more. The post AI ambitions: Re-evaluating UK data centre power demand appeared first on Energy Voice.
OilPrice
MARCH 25, 2025
The UK could produce about half of the energy it consumes locally, in the North Sea, the energy industry association, Offshore Energies, said this week, as quoted by the Financial Times. For that, however, the industry needs the right business conditions. Offshore Energies UK said that local energy production was estimated at some 2 billion to 3 billion barrels of oil equivalent until 2050, under the governments net-zero plans, which estimate total energy demand of 13 to 15 billion barrels of oi
Marcellus Drilling News
MARCH 25, 2025
We’ve written a fair number of posts on Planet Ithaca (the city of Ithaca, NY), its politicians, academicians, and nutty residents (see our Planet Ithaca stories here). The green lefties in and around the Ithaca area are among the best virtue-signalers in the world! They never miss an opportunity to bash fossil energy, even though. The post Ithaca (NY) Exposed as the Poster Child for Net Zero Scam first appeared on Marcellus Drilling News.
OilPrice
MARCH 25, 2025
Over the past couple of years, renewable energy stocks have been hammered thanks in large part to high interest rates in the post-Covid era. The iShares Global Clean Energy ETF (NASDAQ:ICLN), the worlds largest green energy ETF and a catch-all bet on clean energy, has returned -13.9% over the past 52 weeks compared to a 10.7% gain by the S&P 500. The solar and wind energy benchmarks are not faring much better, either, with Invesco Solar ETF (NYSEARCA:TAN) tanking -25.
Energy Voice
MARCH 25, 2025
Turning the UK into an AI powerhouse implies a lot more energy consumption. However, a large number of data centres already exist, and power demand is lower than ten years ago. Digitalisation makes an economy less energy intensive rather than more.
OilPrice
MARCH 25, 2025
On Tuesday, Shell pledged to boost shareholder distributions in a strategy to deliver more to investors focused on its strengthsraising LNG production and sales and sustaining oil production at current levels through 2030. The UK-based supermajor, which has been looking to close the valuation gap with the U.S. giants Exxon and Chevron, will raise shareholder distributions to 40-50% of cash flow from operations (CFFO), up from 30-40%.
Malcolm Graham Wood
MARCH 25, 2025
Oil was up again modestly yesterday as the realism of the sanctions on Iran dawned on the market and even Opec+ chipped in with a cry of 'don't worry we can increase in May'.and Southern has tweaked the price of its current raise. The post Flash blog:Southern Energy Corp. appeared first on Malcy's Blog.
OilPrice
MARCH 25, 2025
Climate activists have been instrumental in making radical changes in government policies concerning energy. Climate activists have also enjoyed years of unrestricted activism, increasingly aimed at disruption and occasionally destruction. All that began to change in 2024, and this turning tide is now gathering speed. The energy industry is striking back, and courts are siding with it.
Marcellus Drilling News
MARCH 25, 2025
In December, MDN told you the countrys largest electric grid, PJM Interconnection, which covers all or parts of 13 states, including PA, OH, and WV, proposed new changes to how it decides which new power plants can connect to the system first. The new policy *favors* adding natural gas-fired power over other types of power. The post PJM Gets 94 Applications to Expand & Build More Gas-Fired Power first appeared on Marcellus Drilling News.
OilPrice
MARCH 25, 2025
The outcome of a Russian claim against Shell for alleged unpaid natural gas deliveries is uncertain, the supermajor said on Tuesday, adding that it is not possible to estimate the amounts of any possible payments and obligations. Shell withdrew from its operations in Russia shortly after the Russian invasion of Ukraine in February 2022. In early October 2024, a Russian prosecutor filed a court claim in Moscow against eight Shell group entities, including Shell plc and Shell Energy Europe Limited
Enverus
MARCH 25, 2025
In a landmark move within the Canadian energy sector, Whitecap Resources Inc. (WCP) and Veren Inc. (VRN) have announced a near merger of equals. This strategic combination, with a purchase price of C$8.6 billion (US$5.9 billion) for Veren inclusive of net debt, brings together complementary assets across the Alberta Montney, Kaybob Duvernay and Saskatchewan regions.
OilPrice
MARCH 25, 2025
More heat waves are expected to push up Indias peak power demand by 9-10% this summer, according to industry experts. In 2024, Indias peak electricity demand surged in May above forecasts due to intense heat waves, and peak demand topped 250 gigawatts (GW) at the end of May. Power demand in India hit record-high levels in May and June last year as more consumers use electricity for cooling during the heat waves.
Enverus
MARCH 25, 2025
CALGARY, Alberta (March 25, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing a report on the hidden economics within biomass energy carbon capture and storage (BECCS). With carbon capture and storage (CCS) economics remaining strained, and companies competing in the race for commercialization, EIR is pointing to potentially overlooked strategies emerging through oppo
OilPrice
MARCH 25, 2025
The Dutch Parliament (2de Kamer) is proposing to increase state debt levels to counter energy bills of consumers and industry. A proposal by liberal-left wing party D66 has received the support of a large majority in the Dutch parliament to assess the options of increasing overall national debt levels by transferring billions of Euros to state-owned company TenneT.
Oil & Gas 360º
MARCH 25, 2025
(BOE Report) – U.S. power producers emitted over 304 million metric tons of carbon dioxide (CO2) from power generation over the first two months of 2025, which was the highest for that period since 2019, according to data from energy think tank Ember. The emissions tally marked a 9% rise from the same period last year and was the first reading above 300 million tons in six years for the opening two months of the year.
OilPrice
MARCH 25, 2025
Tesla faces mounting headwinds in Europe, with sales declining for the 10th time over the past 12 months. The slump is driven by an aging vehicle lineup, intensifying competition, and growing backlash over Elon Musk's increasingly active role in European politics to save the imploding continent from radical leftists in Brussels. According to the European Automobile Manufacturers' Association (ACEA), Tesla's sales in Europe fell for the second straight month in February, with 16,888 vehicles sold
Oil & Gas 360º
MARCH 25, 2025
(Oil Price) –The UK could produce about half of the energy it consumes locally, in the North Sea, the energy industry association, Offshore Energies, said this week, as quoted by the Financial Times. For that, however, the industry needs the right business conditions. Offshore Energies UK said that local energy production was estimated at some 2 billion to 3 billion barrels of oil equivalent until 2050, under the governments net-zero plans, which estimate total energy demand of 13 to 15 bi
OilPrice
MARCH 25, 2025
Russia on Tuesday said that it would not make public details of the 12 hours of talks with the U.S. on Ukraine which ended on Monday amid expectations that a joint U.S.-Russia statement would be issued shortly. After all, this is about technical talks, Kremlin spokesman Dmitry Peskov said on Tuesday. Technical - meaning the talks with getting into details so, certainly, the content of these talks will not be made public for sure.
Marcellus Drilling News
MARCH 25, 2025
OTHER U.S. REGIONS: How Texas oil workers, technology are helping build a new renewable boom; Judge overturns WA natural gas measure approved by voters; Grid crisis forces Puerto Rico to eliminate renewable energy targets; NATIONAL: The oil oligarch who wants to take us back to the 1990s; EPA decimates grant program aimed at construction material. The post Other Stories of Interest: Tue, Mar 25, 2025 first appeared on Marcellus Drilling News.
OilPrice
MARCH 25, 2025
So much for the sunset industry narrative. Britains North Sea oil and gas sector just pulled a fast one on the doomsters. The UKs North Sea Transition Authority (NSTA) says 2024 investment came in at nearly 6 billionmore than 50% above what it predicted last fall. And while 2025 spending is expected to cool a bit to 4.8 billion, thats still miles ahead of previous projections.
Oil & Gas 360º
MARCH 25, 2025
(World Oil) – Shell Plc will update its strategy on Tuesday, just a month after rival bp Plc unveiled a fundamentalreset. Shell CEO Wael Sawan is in the final stages of a two-year effort to shake up Shell by cutting costs, improving reliability and shedding under-performing units. Analysts and investors will be looking for plans for growth at the companys crucial liquefied natural gas business and reassurance on oil reserves.
OilPrice
MARCH 25, 2025
The Venezuelan government has reduced the work week for public servants in the country in a bid to reduce energy consumption amid a weather-related supply crunch, Bloomberg has reported, citing a government document mentioning a climate event affecting hydropower supply. We will have six weeks of energy savings, Diosdado Cabello, interior minister, said, as quoted by the publication.
Oil & Gas Magazine
MARCH 25, 2025
Pemex lanza 17 contratos mixtos con empresas privadas nacionales para sumar 66,000 barriles diarios y compensar la cada de produccin en 2025. Petrleos Mexicanos (Pemex) anunci que a partir de julio comenzar la operacin de 17 contratos mixtos con empresas privadas mexicanas para sumar hasta 66,000 barriles diarios de nueva produccin hacia el cierre de 2025.
OilPrice
MARCH 25, 2025
After years of selling liquefied natural gas on the spot market, Venture Globals Calcasieu Pass LNG plant is ready to begin operation officially, according to a filing the company made with the Federal Energy Regulatory Commission. Per the filing, Calcasieu Pass believes it has filed all requireddocumentation demonstrating readiness to commence service ofthe remainder of the facility, Venture Global said, as quoted by Reuters.
CNBC: Energy
MARCH 25, 2025
Crusoe Energy is selling its entire bitcoin mining business to NYDIG and will put all its internal efforts into building out AI infrastructure.
OilPrice
MARCH 25, 2025
Via Metal Miner The European Commission recently implemented provisional dumping tariffs on hot rolled coil imports from several countries. The move follows an investigation initiated in Q3 on behalf of the EU steel industry. The European Unions executive arm stated in a March 14 release that the new measures will come into force on April 7 and will cover imports from Egypt, Japan, and Vietnam.
SmartBrief
MARCH 25, 2025
Video Transcript: Behavioral Integrity is the most powerful driver of business success that youve never heard of. Behavioral Integrity is your employees perception of your word-deed alignment. Word-deed alignment includes things like whether you do what you say you will do, whether you model your personally espoused values or those of your organization and whether you embrace the changes youve championed in your workplace.
OilPrice
MARCH 25, 2025
Gulf South Pipeline Company has suspended gas deliveries to Freeport LNG after a lightning strike that damaged its pipeline, Reuters reported today, citing the company. There was no announcement regarding the news on Gulf South Pipeline Companys website at the time of writing. Per the Reuters report, the lightning strike prompted Gulf South Pipeline Company to declare force majeure on the pipeline, cutting supply to Freeport LNG to some 450 million cu ft daily.
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