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Colorado-based wholesale public power provider Platte River Power Authority announced it is working with Weld Energy Storage, a subsidiary of NextEra Energy Resources, to develop the electric utility's first large-scale battery energy storage project. The post Colorado Utility Develops First Large-Scale Battery Storage System appeared first on POWER Magazine.
Shale boss Bryan Sheffield, the son of Pioneer Natural Resources founder Scott Sheffield, appears to have called on Americas shale drillers to cut drilling immediately, as Brent crude flirts with prices below $60 and WTI falls to $57/barrel.
In a critical step aimed at bolstering advanced reactor development and their domestic nuclear fuel readiness, the U.S. Department of Energy (DOE) has issued its first round of allocations for […] The post DOE Allocates First Round of HALEU to Five U.S. Advanced Nuclear Reactor Developers appeared first on POWER Magazine.
China has succeeded in muscling aside Russia as Central Asias top trade partner. Now, Beijing appears intent on capturing a share of the regional arms market. Until very recently, China was a non-factor as an arms supplier to Central Asian states. For most of the post-Soviet era, Russia dominated the regional arms market, especially sales to Kazakhstan, Tajikistan and Uzbekistan.
News True Blue Blog Utilities are adopting game-changing platforms to seamlessly integrate field services with customer serviceboosting both customer and employee satisfaction Where energy conversations come to life. As he was driving down Highway 501 on the way back to Florence from a job in Myrtle Beach, South Carolina, Stephen Ricky Smith missed his exit.
Crude oil inventories in the United States saw an increase of 2.6 million barrels during the week ending April 4, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading sharply down prior to the crude data release by the U.S. Energy Information Administration, continuing their slide after another volley in the tariff war between the United States and China was manifest in an announcement of 84% tariffs levied on the US beginning
The North Sea Transition Authority (NSTA) looked at almost 30 projects and found out why some came in on time and under budget compared to those that were delayed and overspent by billions: Here are the lessons. The post Six lessons of successful North Sea oil and gas projects appeared first on Energy Voice.
Venezuelas armed forces were placed on high alert over the weekend as Caracas accused foreign actors of plotting a false flag attack targeting ExxonMobils operations in the oil-rich Essequibo regionan area administered by Guyana but long claimed by Venezuela. The 160,000-square-kilometre maritime zone, home to some of Exxons largest offshore discoveries since 2015, has become the latest flashpoint in a decades-old territorial dispute.
Venezuelas armed forces were placed on high alert over the weekend as Caracas accused foreign actors of plotting a false flag attack targeting ExxonMobils operations in the oil-rich Essequibo regionan area administered by Guyana but long claimed by Venezuela. The 160,000-square-kilometre maritime zone, home to some of Exxons largest offshore discoveries since 2015, has become the latest flashpoint in a decades-old territorial dispute.
Yesterday, the Pennsylvania Environmental Quality Board (EQB) was scheduled to consider accepting a petition by radical green groups, including the Clean Air Council and Environmental Integrity Project, to “study” the issue of increasing setbacks for shale drilling so far it would ban ALL new Marcellus/Utica drilling in the Keystone State.
Via Metal Miner The Stainless Monthly Metals Index (MMI) remained sideways, with an upside bias. Meanwhile, nickel prices dropped to lows last seen in 2020. Overall, the index rose by 2.16% from March to April. Buyers Hold Back from Stainless Market The U.S. stainless steel market remains lackluster. While March witnessed a modest increase in shipments, some suppliers noted that the overall market felt weak.
In February, MDN told you that the Democrat leadership in the Maryland state legislature was pushing a bill that would rechristen gas-fired power as green and make it easier to build new gas-fired power plants in the state (see Maryland Dems Open Door for Gas-Fired Power Plants, Call it Green). We had high hopes that.
Most US biofuel production numbers are clearly on track to end the first quarter of this year in negative territory either on a quarter-over-quarter or year-over-year basis, Rystad Energy analysis suggests. The US Environmental Protection Agency (EPA) published the updated statistics for the Renewable Fuel Standard (RFS) program on 20 March covering the supply, trade and price dynamics for February 2025.
History is being made. Last week, MDN brought you the exciting news that THE largest gas-fired power plant in the country, along with a MASSIVE data center complex, will be built at a former coal-fired power plant site in Indiana County, PA (see Largest Gas-Fired Power Plant in the U.S. Coming in Western Pa.). The.
Oil and gas companies are looking to get the most bang for their buck in exploring for hydrocarbon resources. Those lucky enough to have made an early bet on what are now the huge frontier plays, such as Guyana, are seeing exploration expenditures and efforts pay off with large oil and gas discoveries. All others are looking to make the best out of existing infrastructure and explore and drill in well-developed areas close to producing fields and platforms to take advantage of the lower costs fo
MDN has written numerous posts about AI (artificial intelligence) and the data centers that provide the computing power AI requires. Why? AI data centers use enormous amounts of electricity, most of which is generated by natural gas-fired power plants. Some 25% of all the data centers currently operating in the country are located in northern.
Chevron will boost the so-called triple fracs fracturing three wells with one frac spread at one time to more than half of its wells in the Permian basin, a Chevron executive told Reuters, amid efforts to reduce the costs and times of fracking at the worlds top shale basin. Chevron plans to use triple-frac on between 50% and 60% of its wells in the Permian, up from 20% of wells triple-fracked last year, Jeff Newhook, a completions operations manager at the U.S. supermajor, told Reuters in an i
April 9, 2025 Subscribe now IN DETAIL US crude oil inventories rose by 2.553 mb to 442.3 mb last week, per the EIA (Figure 1). Cushing inventories declined by 0.681 mb to 25.759 mb. US Strategic Petroleum Reserves grew by 0.276 mb to 396.7 mb. Gasoline inventories fell by 1.6 mb to 236 mb. Distillate inventories dropped by 3.544 mb to 111.1 mb. US crude imports decreased by 277 mb/d to 6.189 mb/d last week.
Oil prices plunged early on Wednesday as China retaliated to the U.S. tariff of 104% on Chinese goods, and Brent Crude sank to below $60 per barrel for the first time in four years. As of 8:31 a.m. EDT, the front-month Brent Crude futures prices were plummeting by 5.25% at $59.46. The U.S. benchmark, WTI Crude, plunged by 5.59% to $56.09, close to the $55 per barrel mark.
Notable progress in reducing emissions is being made, but the window to achieve net zero by 2050 is closing fast, and critical hurdles remain. The post Progress and pitfalls on the path to zeroing out the UKs carbon emissions appeared first on Energy Voice.
There is no doubt that AI advancements and data centers will be sucking up more electricity in the coming years, and power demand in the United States will grow after a decade of stagnation. Whats in doubt is how much additional power-generating capacity the AI boom will need and how electric utilities will navigate through the complex supply-demand balances in various regions.
News True Blue Blog Where energy conversations come to life. Spring is here! As the weather warms and we start to see cold snaps in the rearview mirror, using natural gas in your home can provide opportunities to save energy and save on your energy bill. With temperatures trending up, it may be time to lower the temperature on your natural gas water heater.
Saudi Aramco, the Kingdoms giant national oil company, on Wednesday, announced the discovery of 14 new oil and natural gas that could add over 80 million cubic feet of gas per day and over 8,000 barrels of oil per day to Saudi Arabias fossil fuels expansion efforts, Arab News reports.
Electricity demand in the United States will increase 2% annually and 50% by 2050, according to a new study conducted by PA Consulting and released by the National Electrical Manufacturers Association (NEMA). That is massive! For the past 20 years, the U.S.’s electricity generation and use have remained virtually unchanged. This new study shows a.
Saudi oil giant Aramco and Chinas top refiner, Sinopec, will expand a joint venture petrochemicals complex in Saudi Arabia under an agreement signed on Wednesday. Aramco and China Petroleum & Chemical Corporation, as Sinopec is known, own the Yanbu Aramco Sinopec Refining Company (Yasref) on the west coast of Saudi Arabia, with Aramco holding 62.5% and Sinopec 37.5% in the venture.
CALGARY, Alberta, April 09, 2025 (GLOBE NEWSWIRE) — Media Advisory TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announces that Franois Poirier, TC Energys President and Chief Executive Officer, will deliver a keynote address to the Canadian Club Toronto on the countrys time-bound opportunity to fortify its economic sovereignty, build its [Read more]
Equinor advised analysts on Wednesday to expect weak liquids and LNG trading results for the first quarter of the year, as its Marketing, Midstream & Processing (MMP) division is also set to incur a hit of about $100 million of costs of drilling of carbon capture and storage (CCS) appraisal wells. In a notice to analysts inviting them to submit forecasts for Q1, the Norwegian energy major issued a preliminary trading update on the factors expected to influence its first-quarter results, which wi
(Oil Price) – Chevron will boost the so-called triple fracs fracturing three wells with one frac spread at one time to more than half of its wells in the Permian basin, a Chevron executive told Reuters , amid efforts to reduce the costs and times of fracking at the worlds top shale basin. Chevron plans to use triple-frac on between 50% and 60% of its wells in the Permian, up from 20% of wells triple-fracked last year, Jeff Newhook, a completions operations manager at the U.S. supermajor,
NDRC and NEA Issue Guidance on Accelerating the Development of Virtual Power Plants OnApril8th,theNationalDevelopmentandReformCommission(NDRC)andtheNationalEnergyAdministration(NEA)jointlyissuedthe"GuidingOpinionsonAcceleratingtheDeve.
News True Blue Blog Utilities are adopting game-changing platforms to seamlessly integrate field services with customer serviceboosting both customer and employee satisfaction Where energy conversations come to life. Natural gas utilities celebrating more than 100 years in business have this in common: a commitment to customer needs that has fostered strong customer engagement and lasting business success.
News True Blue Blog Utilities are adopting game-changing platforms to seamlessly integrate field services with customer serviceboosting both customer and employee satisfaction Where energy conversations come to life. When field services and customer service come together successfully, theres no telling what might happen. For Citizens Energy Group, a delighted customer surprised a technician by popping up behind him because she was so excited to know his exact arrival timeand to see him actually
Annual Production Capacity of 1GW! Another PV Module Factory in North America Commences Construction AccordingtoOfficialAmmount@PVTechCN,accordingtoforeignmediareports,Solx,aninternationalphotovoltaicmodulemanufacturer,hasannouncedtheconstructionofaso.
Malcy talks to Robert Bose from Sintana Energy, a public oil and natural gas exploration company listed on the Toronto Venture Exchange. The post Core Finance CEO Interview: Robert Bose of Sintana Energy appeared first on Malcy's Blog.
Energy Storage After Mandatory Pairing: Revenue Loss from Leasing, Policy Support Needed AccordingtoOfficialAmmount@PVMEN,theissuanceofDocumentNo.136hasnotonlybroughtamajorshocktothenewenergyindustryrepresentedbywindandsolarpower,butalsose.
Weekly Crude Oil Storage as of April 4, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 2.6 million barrels from the previous week. At 442.3 million barrels, U.S. crude oil inventories are 5% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of April 4, 2025.
April 2025 Photovoltaic Module Capacity Utilization Rate: Upward Trend Driven by Policy and Market PolicyStimulusDrivesStrongReboundinCapacityUtilizationThefirsthalfof2025marksacrucialpolicyjunctureforthephotovoltaic(PV)industry.TheNationalDevelopme.
(BOE Report) – Oil and gas firm APA said on Wednesday it curtailed about 8 million cubic feet per day of U.S. natural gas production and 500 barrels per day of U.S. natural gas liquids production in the first quarter in response to weak prices. In January, APA said it reduced production by about 23,500 barrels of oil equivalent per day (boepd) in the fourth quarter.
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