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Skip to main content Is geothermal energy ready to make its mark in the US power mix? July 17, 2025 | Article Adam Barth   Clint Wood Maximilian Moosburger   Bobo Stankovikj Next-generation geothermal energy may soon be a cost-competitive way to fill the need for clean, firm power in the United States. Energy demand in the United States is projected to grow roughly ten times as fast in the coming decade as it did over the past ten years.
Mach Natural Resources has signed two definitive agreements totaling $1.3 billion , marking a major strategic move beyond its traditionally Oklahoma-focused operations. These acquisitions will give the Anadarko Basin-centered independent producer its first significant footholds in the Permian and San Juan basins, through the purchase of assets from Sabinal Energy and entities managed by IKAV Energy.
Energy industry services firm EnerMech has been awarded a two-year crane operations and maintenance (O&M) contract extension to continue supporting a North Sea operator…
The years of very rapid growth in U.S. crude oil production are behind us, in large part due to the maturing of the biggest growth engine, the Permian, according to Goldman Sachs. The investment bank expects declines in America’s crude oil output for this year and next because of the lower oil prices, Daan Struyven, oil research head at Goldman Sachs, told Bloomberg TV in an interview on Thursday.
Skip to main content Productivity at the core: How COOs deliver strategy July 17, 2025 | Article Daniel Swan  Darryl Piasecki  Tony Gambell For the COOâs productivity mandate, the time to act is always. Six best practices can help. Every chief operating officer (COO) knows this simple truth: Delivering the companyâs strategy isnât just part of the jobâit is the job.
The preliminary results and fluid samples indicate several reservoirs with good mobility, and initial assessments suggest that gas volumes on site may exceed 1 trillion cubic feet.
Chevron has effectively reached its long-term production goal of 1 million barrels of oil equivalent per day (boe/d) in the Permian Basin—and from here, it’s shifting gears. According to Bruce Niemeyer, president of Chevron’s shale business, the company now plans to hold production steady through 2040 while cutting rigs and frack crews—locking in $5 billion in annual free cash flow by 2027.
Venture Global will supply 2 million tonnes per annum (MTPA) of liquefied natural gas from its Calcasieu Pass 2 project over 20 years to Italian state-controlled energy group Eni…
Venture Global will supply 2 million tonnes per annum (MTPA) of liquefied natural gas from its Calcasieu Pass 2 project over 20 years to Italian state-controlled energy group Eni…
Physical activity has hit global lows—yet a growing number of consumers are focusing on fitness. In an uncertain economy, many are looking for value—but some are willing to splurge. How should brands make sense of this year’s polarizing trends?
In a pilot project executed in May, INA tested co-processing of 1,000 tonnes 5% palm oil mill effluent biogenic feedstock with conventional crude oil at the Rijeka refinery’s existing hydrocracking unit to produce both SAF and renewable diesel, the operator said.
AI, automation, and a nerve center? McKinsey senior partner Neelesh Mundra explains some of the ways supply chain leaders are innovating and flourishing amid today’s complexities.
At Senator Dave McCormick’s Inaugural Pennsylvania Energy and Innovation Summit yesterday, held at Carnegie Mellon University, the national spotlight was on the Pittsburgh region as leading energy and technology executives, labor officials and policymakers sent a clear and unified message: the future of American energy security and economic competitiveness runs through Pennsylvania.
It’s a quintessentially Canadian story. As other countries build infrastructure to support their burgeoning economies and the transition to clean energy, Canada’s push to “go big” on major energy and mining projects is being held up by local First Nations who claim that Bill C-5 violates their constitutional rights. Also known as the “one Canadian economy act” because it aims to reduce interprovincial trade barriers, C-5 was recently passed by the House of Commons and the Senate.
EthosEnergy secured a multi-year operations and maintenance deal for the Rhode Island State Energy Center, a two-by-one combined-cycle gas turbine power plant outside Providence, Rhode Island.
Sagentia Innovation’s Dan Spencer, R&D Consultant, and Michele Turitto, Managing Partner, Industrial, Chemicals, and Energy, discuss how to deliver on upstream goals with expert selection and integration of sensors.
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TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for its Heidrun extension project in the Norwegian North Sea.
It remains important for energy traders to closely monitor the Strait of Hormuz and other key critical maritime chokepoints in the region (recall Red Sea events last week, given persistent geopolitical tensions involving Iran and Israel. Tehran retains a diverse toolkit—both asymmetric and conventional—for disrupting tanker traffic through the Strait of Hormuz.
Discover how Cisco Secure Endpoint delivers real improvements in efficacy, management, and faster threat detection to keep organizations ahead of evolving threats.
U.S. natural gas inventories climbed by 46 billion cubic feet (Bcf) last week, keeping total storage comfortably above seasonal norms. But while the headline number suggests plenty of supply, traders aren’t relaxing just yet — not with record-breaking heat and LNG exports tightening balances beneath the surface. The build for the week ending July 11 brings total working gas in storage to 3,052 Bcf, according to today’s figures provided by the Energy Information Administration.
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PPL Corp. and investment giant Blackstone Infrastructure have formed a joint venture to build, own, and operate natural gas combined-cycle generation plants in Pennsylvania specifically designed to serve data center loads through long-term energy service agreements (ESAs). The partnership, unveiled at the Pennsylvania Energy and Innovation Summit in Pittsburgh on July 15, represents a strategic […] The post PPL, Blackstone Launch Major Gas-Fired Generation Venture Targeting Data Center Sur
Indian state-owned Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas explorer and producer in the country, is considering the construction of a new refinery with a capacity of between 200,000 barrels per day and 240,000 bpd, a source from the company told Reuters on Thursday. ONGC has undertaken a pre-feasibility study on the refinery project, which is planned to be set up at the coastal city of Jamnagar in the western Indian state Gujarat, according to the source.
The New York State Public Service Commission has terminated its offshore wind transmission planning process due to stalled federal permitting, to protect state ratepayers…
The 9th OPEC International Seminar was held in Vienna a week ago, wherein participants discussed energy security, investment, climate change, and energy poverty, with a particular emphasis on balancing these competing priorities.
Worley has secured a front-end engineering and design (FEED) contract for onshore substation for the 560 MW GreenVolt floating wind farm offshore Scotland, being…
Skip to main content Author Talks: Doing the heavy lifting July 17, 2025 | Interview A Wall Street Journal journalist turned bodybuilder shares how building strength helped her rebuild her life—physically, emotionally, and mentally. About the book Author: Anne Marie Chaker Publisher: Avery/Penguin Random House (June 17, 2025) Language: English Hardcover: 256 pages ISBN: 9780593541111 In this edition of Author Talks , McKinsey Global Publishingâs Christine Y.
Here’s an important update for a project we haven’t discussed since last October. The Tennessee Valley Authority (TVA) is building a $2.1 billion state-of-the-art natural gas plant in Cumberland City, Tennessee (see TVA Recommends Replacing Cumberland Coal Plant w/Natural Gas). There have been bumps and hiccups along the way, but the good news is that.
U.S. solar manufacturers have filed a formal trade petition seeking new anti-dumping and countervailing duties on solar panel imports from India, Indonesia, and Laos, citing sharp price undercutting and rapid volume growth. The petition, submitted Tuesday to the U.S. International Trade Commission (ITC), alleges that imports from India and Indonesia have increased by more than 400% since 2021, often selling at prices 40% to 50% below U.S.
Members of the Homer City Redevelopment (HCR) Group hosted an open house last night at the Kovalchick Convention and Athletic Complex in Indiana, PA, to present plans for a $10 billion, 3,200-acre, natural gas power plant and data center facility in Indiana County, PA. The open house came on the heels of a huge announcement.
The One Big Beautiful Bill Act (OBBBA), enacted on July 4, introduces sweeping changes to U.S. energy policy, significantly altering the tax credit landscape for clean energy projects. The act repeals key provisions of the Inflation Reduction Act, including longstanding renewable energy tax credits, and imposes stricter construction timelines to qualify for remaining incentives ( Figure 1 ).
Guyana’s government will reduce external borrowing for major infrastructure projects, Vice President Bharrat Jagdeo said, citing the country’s swelling oil revenues and a growing push for fiscal restraint. Speaking at a press briefing, Jagdeo said new revenue flows made it unnecessary to pursue as many external loans for transport and energy projects as previously planned, adding, “We have cash balances,” Demerara Waves reported.
HSM Offshore Energy has completed the buildout and delivery oof the Thor offshore high voltage substation (OHVS) for RWE’s Thor offshore wind farm in Denmark.
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A long-anticipated deal just became a market signal: BlackRock’s Global Infrastructure Partners is preparing to buy 49.99% of Eni’s carbon capture arm at a valuation of around €1 billion ($1.2 billion), according to sources familiar with the negotiations. That figure, revealed for the first time this week, isn’t just a price tag—it’s a fresh marker for how the world’s largest asset manager sees the future of decarbonization infrastructure.
'The agreement is Eni's first long-term LNG supply from the United States and represents a significant milestone in Eni's strategy to expand and diversify its global LNG footprint, enhancing portfolio flexibility'.
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