POWER Magazine
APRIL 3, 2025
The Tennessee Valley Authority (TVA) has for many years been evaluating emerging nuclear technologies, including small modular reactors, as part of technology innovation efforts aimed at developing the energy system […] The post TVAs Clinch River Nuclear Power Project: Where Things Stand Today appeared first on POWER Magazine.
OilPrice
APRIL 3, 2025
The Department of Energy has awarded a new $1.4 billion contract to Strategic Storage Partners, LLChardly a household nameto manage the Strategic Petroleum Reserve (SPR)Americas emergency stash of crude oil. The new contract covers a five-year term with the option to extend for another five. After a transition period, Strategic Storage Partners will take over from the current SPR management firm, Fluor Federal Petroleum Operations (FFPO) on June 15, 2025.
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POWER Magazine
APRIL 3, 2025
Artificial intelligence (AI) is transforming the energy sector, helping power plant operators optimize efficiency, reduce emissions, and prevent costly equipment failures. By analyzing vast amounts of real-time data, AI models […] The post AI-Driven Predictive Maintenance: The Future of Reliability in Power Plants appeared first on POWER Magazine.
OilPrice
APRIL 3, 2025
OPEC+ is going full throttle with reversing the production cuts with output set to rise by more than expected in May, in view of the continuing healthy market fundamentals and the positive market outlook. The OPEC+ countries that have been cutting their oil production for more than a year decided on Thursday to continue easing the reductions by adding 411,000 barrels per day (bpd) to their combined supply from May.
Marcellus Drilling News
APRIL 3, 2025
This is VERY exciting news. The former Homer City Generating Station, previously the largest coal-fired power plant in Pennsylvania (Indiana County, 50 miles east of Pittsburgh), will be transformed into a more than 3,200-acre natural gas-powered data center campus, designed to meet the growing demand for artificial intelligence (AI) and high-performance computing (HPC).
OilPrice
APRIL 3, 2025
Russian revenues from oil and gas plunged by 17% in March from a year earlier, according to data from Russias finance ministry. Oil and gas revenues for the Kremlin fell to $13.1 billion (1.1 trillion Russian rubles) last month, while revenues for the first quarter dipped by nearly 10% on the year to $31.4 billion (2.64 trillion rubles), the official Russian data showed.
Marcellus Drilling News
APRIL 3, 2025
In January 2020, the Pennsylvania Supreme Court ruled in THE most consequential lawsuit for Marcellus Shale drilling weve seen, a case called Briggs v Southwestern Energy (see HUGE NEWS: PA Supreme Court Keeps Rule of Capture for Fracking). The PA Supreme Court ruled in favor of Southwestern, retaining the rule of capture in the Keystone.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
Cisco: Oil & Gas
APRIL 3, 2025
Introducing version 3 of the Cisco Meraki Add-on for Splunk. A Splunk technical add-on (TA) is a modular component that normalizes, validates, and enriches specific data sources before indexing in Splunk to enable proper searching, reporting, and analysis without changing the underlying raw data.
OilPrice
APRIL 3, 2025
Via Metal Miner Steel Industry leader British Steel is set to start consultations on permanently blowing down the operating blast furnaces at Scunthorpe. The move comes after the company failed to reach an agreement with the UK government on financial aid for conversion to green steelmaking. Since 2020, the shareholder of British Steel, Jingye, has invested more than 1.2 billion [$1.
Marcellus Drilling News
APRIL 3, 2025
Ten years ago, MDN told you that Chesapeake Utilities, a diversified energy company with businesses in natural gas distribution, transmission and marketing, electricity distribution, propane distribution and wholesale marketing (nothing to do with Chesapeake Energy) had purchased a small midstream company in Ohio—Gatherco, Inc (see Chesapeake Utilities Buys OH Midstream Co, Targets Shale Industry).
OilPrice
APRIL 3, 2025
Japans trading giant Mitsubishi Corporation could consider a potential investment in the proposed $44-billion Alaska LNG project, Mitsubishis Katsuya Nakanishi told Reuters on Thursday, as the U.S. is pitching the benefits of Alaskan energy resources to allies in Asia. Mitsubishi would need careful due diligence before taking any decision on a potential investment in the Alaska project, Nakanishi added.
Marcellus Drilling News
APRIL 3, 2025
Two weeks ago, Federal Energy Regulatory Commission (FERC) staff issued the agency’s annual State of the Markets report for 2024 (full copy below) to provide the industry and public with key information on market conditions and emerging issues in natural gas and electricity markets as well as significant market trends and fundamentals for the year.
OilPrice
APRIL 3, 2025
Chinas biggest state-held energy firms are following the demand trends in the worlds top crude oil and natural gas importer. After decades of growth, Chinese demand for transport fuels is peaking as electric vehicles and LNG-powered trucks are seizing market share from gasoline and diesel. But natural gas demand is only going up, and its expected to continue growing for decades.
Marcellus Drilling News
APRIL 3, 2025
MARCELLUS/UTICA REGION: Avangrid delivers first energy from Powell Creek solar project to Ohio grid; OTHER U.S. REGIONS: Maryland energy reform bills focused on new power generation pass the Senate; New York could save New Englanders $1B if it stopped blocking a natural gas pipeline; NATIONAL: May natural gas futures bounce back above $4; US senators.
OilPrice
APRIL 3, 2025
Western military leaders will discuss the possible deployment of troops to Ukraine who would monitor a potential cease-fire in the conflict with Russian and be part of the countrys new security structure, Ukrainian President Volodymyr Zelenskyy said in his nightly video address. This is our starting point: the Ukrainian army must be strong enough, and on this foundation, the entire security architecture is built, Zelenskyy said.
Energy Voice
APRIL 3, 2025
Of all the production hubs in the North Sea, the top four producers have remained unchanged since 2023; however, with the right policy, BP might climb the rankings. The post North Sea production hub rankings: A chance for BP to climb the table appeared first on Energy Voice.
OilPrice
APRIL 3, 2025
The world added last year the smallest coal power capacity in 20 years, but the global fleet of coal-fired plants continued to grow despite the surge of renewables, data from Global Energy Monitors annual survey showed on Thursday. A total of 44.1 gigawatts (GW) of coal power capacity was commissioned, while 25.2 GW was retired in 2024, resulting in a net increase of 18.8 GW, according to data from the Global Energy Monitors Global Coal Plant Tracker.
Marcellus Drilling News
APRIL 3, 2025
Another record bites the dust. According to data from LSEG, the U.S. exported a record high amount of liquefied natural gas (LNG) in March, selling 9.3 million metric tons (MT). The previous record was 8.6 MT in December 2023. March’s record “smashed” the old record, and there’s no sign that the higher volumes will retreat.
OilPrice
APRIL 3, 2025
Mexicos finance ministry has revised the countrys crude oil production rate for the year by 129,000 bpd less than previously expected. Instead of 1.8 million bpdthe target set by President Claudia SheinbaumMexico is seen producing 1.762 million bpd, Reuters reported, citing the ministry. Production next year, however, is expected to rise to 1.
POWER Magazine
APRIL 3, 2025
In January, the U.S. Energy Information Administration (EIA) said U.S. wholesale electricity prices were less volatile in 2024 than they have been over the last few years. But thats just […] The post EIAs Perspective on Price Volatility Needs Context appeared first on POWER Magazine.
OilPrice
APRIL 3, 2025
Oil market fundamentals support the OPEC+ decision to increase Mays crude oil production by three times more than what the group originally planned, energy investor and senior portfolio manager at Ninepoint Partners Eric Nuttal told BNN Bloomberg on Thursday. It was a surprising press release to wake up to, Nuttal said, speaking of OPECs decision.
Energy Outlook Advisors
APRIL 3, 2025
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OilPrice
APRIL 3, 2025
BP said on Thursday that its Cypre development offshore Trinidad and Tobago delivered first gas, as yet another project started up since the supermajor reset its strategy to shift focus back to oil and gas. Cypre is one of BPs 10 major projects expected to start up worldwide between 2025 and 2027, announced as part the reset strategy to grow upstream production.
Marcellus Drilling News
APRIL 3, 2025
A Washington County, PA, man and his anti-fossil fuel lawyer won a victory with the Pennsylvania Environmental Hearing Board (EHB), a special court in PA set up to hear appeals of Department of Environmental Protection (DEP) decisions. The man, Bryan Latkanich, alleges Chevron used PFAS “forever chemicals” in fracking fluids in 2011-2012 when Chevron drilled.
OilPrice
APRIL 3, 2025
In the latest of a series of accusations and repudiations, Russia accused Ukraine on Thursday of having launched what Moscow said were provocative attacks on energy infrastructure. The attacks on Russia's energy infrastructure are targeted and are purely provocative and demonstrative, Maria Zakharova, spokeswoman of the Russian Foreign Ministry, said on Thursday, as carried by Reuters.
Malcolm Graham Wood
APRIL 3, 2025
After the Liberation Day announcement oil lost around two dollars. Today DEC publish their Sustainability Report, always best-in-class and NTOG announce another well in the Fouke area. The post Flash blog: Diversified, NTOG. appeared first on Malcy's Blog.
OilPrice
APRIL 3, 2025
Oil stocks took a solid beating today after new tariff announcements out of Washington sent shockwaves through global markets. Add in fresh chatter from OPEC+ about potential production increases, and youve got the perfect storm for energy investors. Never mind that imports of oil, gas, and refined products earned themselves an exemption from Liberation Day.
BOE Report
APRIL 3, 2025
Brookfield Infrastructure Partners is buying Colonial Pipeline, the largest U.S. fuel transportation system, in a deal valued at about $9 billion, including debt, the company said on Thursday. The deal to acquire all assets of Colonial Enterprises, including Colonial Pipeline, is expected to close in the second half of 2025.
Oil & Gas 360º
APRIL 3, 2025
(Oil Price) –BP said on Thursday that its Cypre development offshore Trinidad and Tobago delivered first gas, as yet another project started up since the supermajor reset its strategy to shift focus back to oil and gas. Cypre is one of BPs 10 major projects expected to start up worldwide between 2025 and 2027, announced as part the reset strategy to grow upstream production.
BOE Report
APRIL 3, 2025
LNG Canada is expected to be only months away from first export of liquified natural gas.
Oil & Gas 360º
APRIL 3, 2025
(World Oil) –Nigerian President Bola Tinubu hired the former head of a unit of Shell Plc to run the state oil company, as Africas biggest crude producer works to boost output and prepare the firm for an initial public offering. Bashir Ojulari will replace Mele Kyari as head of NNPC Ltd. with immediate effect, presidency spokesman Bayo Onanuga said in a statement.
POWER Magazine
APRIL 3, 2025
Advanced reactor developer X-energy and global materials science company Dow have submitted a Construction Permit Application (CPA) to the U.S. Nuclear Regulatory Commission (NRC) for a first-of-its-kind small modular reactor […] The post Dow and X-energy Advance Landmark Nuclear Project in Texas With Construction Permit Filing appeared first on POWER Magazine.
Enverus
APRIL 3, 2025
Publicly traded independent power producers (IPPs) are poised for a significant shift as renewable energy continues to reshape the generation mix. Enverus Intelligence Research’s latest report explores how evolving generation and price forecasts will impact IPP profitability. The retirement of thermal plants across the Lower 48 presents a growing challenge for dispatchable generation.
Oil & Gas 360º
APRIL 3, 2025
(World Oil) – (Bloomberg) Chevron Corp., YPF SA and other oil drillers are planning a major Argentine pipeline to handle rising output from the Vaca Muerta shale region. The companies, through the Oldelval SA joint venture, are in talks to increase oil-shipping capacity from Puesto Hernandez, a promising drilling zone more than 100 kilometers (62 miles) distance from the Vaca Muertas traditional heartland, according to an Oldelval spokesperson.
CNBC: Energy
APRIL 3, 2025
Eight key OPEC+ producers on Thuesday agreed to raise combined crude oil output by 411,000 barrels per day, pushing down oil prices.
Oil & Gas 360º
APRIL 3, 2025
Natural Gas Inventories as of March 28, 2025 The EIA has released its natural gas inventory report, showing a net increase of 29 Bcf as of March 28, 2025. Working gas in storage was 1,773 Bcf as of Friday, March 28, 2025, according to EIA estimates. This represents a net increase of 29 Bcf from the previous week. Stocks were 491 Bcf less than last year at this time and 80 Bcf below the five-year average of 1,853 Bcf.
SmartBrief
APRIL 3, 2025
Effective leaders use their power to help individuals, teams and organizations achieve success. Ineffective leaders squander their power and use it for personal gain. There are three types of power. 1. Position power Your position on the org chart gives you power over the people below. Having position power allows you to establish goals and make decisions about the tasks and people in your group.
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