POWER Magazine
JUNE 11, 2025
People in the power industry understand inertia and its importance to grid stability. As large thermal power plants and other inertia-providing units are replaced with renewable resources that provide no […] The post How Decreasing Inertia Is Affecting Power Grids and What to Do About It appeared first on POWER Magazine.
OilPrice
JUNE 11, 2025
Iran is making “good progress” on its first concerted oil drilling operation in the Caspian Sea in 30 years, a senior energy source who works closely with the Islamic Republic’s Petroleum Ministry exclusively told OilPrice.com over the weekend. “The signs are promising in the block [‘18’ in the Roudsar formation from 70-metre waters around 15 kilometres from the northern Iranian coastline] and if it continues to be so then there is great potential there,” he said.
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POWER Magazine
JUNE 11, 2025
Duke Energy intends to submit an application to South Carolina’s Public Service Commission (PSC) for approval to build a 1.4-GW gas-fired combined cycle plant with hydrogen capability in Anderson County. […] The post Duke Energy Advances New 1.4-GW Gas-Hydrogen Power Plant in South Carolina Under New Energy Security Mandate appeared first on POWER Magazine.
OilPrice
JUNE 11, 2025
Guyana's offshore oil industry is set to take a major leap forward as the One Guyana floating production, storage, and offloading (FPSO) vessel readies its first export cargo. According to Reuters, the inaugural shipment of the newly branded 'Golden Arrowhead' crude grade is slated for late August to early September, marking a critical milestone for the ExxonMobil-led consortium that includes Hess Corp. and China's state-run CNOOC.
POWER Magazine
JUNE 11, 2025
U.S. power infrastructure—the intricate physical fabric that laces together generation, transmission, and distribution—is under intensifying strain. Outdated and overextended, it must now absorb relentless growth from electrification and data centers […] The post Out of Sync: The Infrastructure Misalignment Undermining the U.S. Grid appeared first on POWER Magazine.
OilPrice
JUNE 11, 2025
The rise of artificial intelligence (AI) on the global stage has resulted in data centers putting immense strain on global power grids, a turnaround from their previous role as minor electricity consumers. As chatbots become a permanent fixture in work and daily life, demand is being propelled to record heights as each search consumes power. While US data centers consumed 50 terawatt-hours (TWh) of power a decade ago, that figure has risen to 140 TWh today, thereby accounting for 3.
POWER Magazine
JUNE 11, 2025
The U.S. solar industry has increasingly begun to rebrand itself as “MAGA-friendly,” emphasizing cost savings, energy independence, and job creation over climate concerns. This shift marks a departure from its […] The post The Risk of Political Rebranding in the Clean Energy Industry appeared first on POWER Magazine.
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Marcellus Drilling News
JUNE 11, 2025
It’s been no secret that natural gas production in the Marcellus/Utica has stalled over the past few years. Since 2021, the M-U has been rangebound in producing somewhere between 34 and 37 Bcf/d (see the chart). The main reason we haven’t expanded our production is the lack of transportation (pipelines) to move our molecules to.
OilPrice
JUNE 11, 2025
Governments worldwide are investing heavily in finding new ways to decarbonise heavy industry, where emissions are notoriously hard to abate. While certain sectors have come leaps and bounds in decarbonising operations, several heavy industries are failing to advance. Making manufacturing and other sectors more sustainable will be key to achieving a green transition and ensuring that we meet the global heating limits stipulated in the Paris Climate Agreement.
Marcellus Drilling News
JUNE 11, 2025
Here’s a third natural gas price prediction, from Morningstar DBRS, a top company that gives independent credit ratings and opinions for businesses, governments, banks, and financial projects worldwide. Earlier this week, Morningstar published a commentary/report called: “Summer Heat Likely to Add to High LNG Export Demand, Tightening the North American Gas Market” (full copy below).
OilPrice
JUNE 11, 2025
The U.S. State Department is preparing to order the departure of non-essential personnel from its embassy in Baghdad amid escalating security risks tied to stalled nuclear negotiations with Iran. Although no formal evacuation has been executed, contingency plans are in motion as tensions in the Gulf rise sharply, stoking fresh concerns over regional energy stability and global crude supplies.
POWER Magazine
JUNE 11, 2025
Resilience, sustainability, cost savings, and more are behind the increasing adoption of microgrids, as a variety of industries and enterprises seek greater control of their energy supply. The post Microgrids: Decentralized Power That’s Central to the Energy Transition appeared first on POWER Magazine.
Oilholics Synonymous Report
JUNE 11, 2025
The Oilholic was delighted to join the demo day of UK-based energy AI firm Applied Computing in London on Tuesday. The firm recently announced a £9 million seed funding round - largest ever for a British AI company's at seed stage - to bring what it describes as "superintelligence" to the energy industry. Applied Computing’s flagship product - Orbital - has been built using multi-foundation AI powered by a new class of models built to optimise the physical world.
POWER Magazine
JUNE 11, 2025
As the world grapples with the urgent need to combat climate change, the transition from fossil fuels to renewable energy sources is accelerating, driven by technological advancements and governmental directives. […] The post The Great Shift: Navigating the Global Energy Transition appeared first on POWER Magazine.
Marcellus Drilling News
JUNE 11, 2025
U.S. LNG feedgas demand slipped last week to its lowest level since mid-December due to ongoing maintenance at the Sabine Pass and Cameron LNG export facilities along the Gulf Coast. Two trains were offline at Sabine Pass, and one train was offline at Cameron, resulting in feedgas demand of 13.28 Bcf/d for the week (down.
POWER Magazine
JUNE 11, 2025
The U.S. solar manufacturing landscape has undergone a remarkable transformation since the passage of the Inflation Reduction Act (IRA) in 2022. Through targeted domestic content incentives, the federal government has […] The post IRA Incentives Fuel U.S. Solar Manufacturing Surge appeared first on POWER Magazine.
OilPrice
JUNE 11, 2025
Activists are suing TotalEnergies for greenwashing. The supermajor’s alleged crime: saying that natural gas is better for the environment than coal and oil. Normally, activists focus on oil when they attack the energy industry, but lately, they have shifted their attention to gas. The TotalEnergies case may be only the beginning of a new offensive. Less than a decade ago, natural gas was broadly accepted as what many called “a bridge fuel” from the hydrocarbon era to the post-hydrocarbon era of
POWER Magazine
JUNE 11, 2025
Power generators and transmission system engineers have to rethink their planning strategies, and must continue to develop tools to allow more solar, wind, and other forms of renewable energy to […] The post Utilities, Grid Operators Grapple with Adding Renewable Energy appeared first on POWER Magazine.
OilPrice
JUNE 11, 2025
It's been no secret that Russia has been getting more heavily involved in Iran's nuclear program, and interestingly at a moment Moscow has offered to mediate between Washington and Tehran on the question of uranium enrichment and a new nuclear monitoring deal. On Monday, in a surprise headline given the massive, ambitious scope, Iranian state sources have said Russia will construct eight nuclear power plants in Iran, two of which are already under construction.
BOE Report
JUNE 11, 2025
Alberta Premier Danielle Smith said on Wednesday the province is working to present Canadian Prime Minister Mark Carney with a proponent and route for a potential new crude pipeline from Alberta to the Port of Prince Rupert in British Columbia.
POWER Magazine
JUNE 11, 2025
What happens when a political U-turn suddenly upends years of decarbonization strategy? As the U.S. House of Representatives moves to dismantle key clean energy tax credits, POWER examines how utilities […] The post Decarbonization Whiplash Prompts a Power Sector Recalibration appeared first on POWER Magazine.
Oil & Gas 360º
JUNE 11, 2025
(World Oil) – Baker Hughes will provide Equinor plug and abandonment (P&A) services in the Oseberg East field on Norway’s continental shelf. Baker Hughes’ Mature Assets Solutions team will lead the integrated P&A campaign planning phase, as well as delivering integrated P&A services in execution across several wells in the North Sea.
OilPrice
JUNE 11, 2025
America and Iran may be on the cusp of a workable nuclear deal that will prevent Iran from having nuclear weapons while preserving Iran’s ability to enrich nuclear fuel for its civilian nuclear power program. But there are two spoilers out there: Israel and Europe. The original Iran nuclear deal, the Joint Comprehensive Plan of Action, between Iran and China, France, Russia, the U.K., U.S.
Enverus
JUNE 11, 2025
CALGARY, Alberta (June 11, 2025) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released a market overview of the opportunities and challenges related to developing battery projects in Europe. The report focuses on identifying the defining policies, regulations and economic factors impacting the success of battery projects in the European Union’s (EU) evolving renewables energy
Oil & Gas 360º
JUNE 11, 2025
Weekly Crude Oil Storage as of June 6, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.6 million barrels from the previous week. At 432.4 million barrels, U.S. crude oil inventories are 8% 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 June 6, 2025.
Malcolm Graham Wood
JUNE 11, 2025
Oil is up this morning on the back of an agreement in the US/Sino talks.And Reabold have results but looks very cheap with more cash than the market cap. And Petrofac has won a big contract, showing its operational excellence again. The post Oil price, Reabold, Petrofac. appeared first on Malcy's Blog.
BOE Report
JUNE 11, 2025
CALGARY – Alberta Premier Danielle Smith says her government is working to entice a private-sector player to build a crude pipeline to coastal waters. She urged attendees at the Global Energy Show to keep up the pressure on Ottawa to help speed along such a nation-building project.
Marcellus Drilling News
JUNE 11, 2025
The U.S. Energy Information Administration (EIA) issued its latest monthly Short-Term Energy Outlook yesterday, the agency’s monthly best guess about where energy prices and production will go in the next 12 months. In this latest assessment, EIA once again dropped its estimates for the Henry Hub spot price for 2025. The agency expects the HH.
Oil & Gas 360º
JUNE 11, 2025
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Celebrate with us at our 30th Annual EnerCom Denver – The Energy Investment Conference, with networking during Sunday’s Charity Golf Tournament, Monday’s Cocktail Mixer, and Tuesday’s Casino & Charity Poker Tournament.
EnergyTrend
JUNE 11, 2025
Taiwan Excellent PV Award: A Benchmark for Taiwan’s PV Product Quality TheEnergyAdministrationundertheMinistryofEconomicAffairshasorganizedthe“TaiwanExcellentPVProducts Selection”since2013tohelpdrivetheongoingdevelopmento.
Enverus
JUNE 11, 2025
The headline-grabbing $4.1 billion merger between Viper Energy and Sitio Royalties isn’t just another deal—it’s a signal flare for the entire minerals market. Andrew Dittmar, principal analyst at Enverus Intelligence, calls it “a rare public mineral merger,” in his latest commentary and he’s right. These deals don’t happen often—because they can’t. There simply aren’t many targets left at this scale.
Rigzone
JUNE 11, 2025
SEARCH JOBS >> CREATE ACCOUNT SIGN IN Oil & Gas Jobs ▼ Search Jobs Jobs By Category Featured Employers Ideal Employer Rankings Oil & Gas News ▼ Headlines Most Popular Oil Prices Events Training Equipment SOCIAL Rigzone AI ▼ RigzoneGPT Chatbot Recruitment Job Postings & Talent Database Packages Search CV/Resumes Recruitment Dashboard Post Job FAQ | Advertise WTI Crude $67.94 -0.31% Brent Crude $69.50 -0.39% Natural Gas $3.54 +1.03% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW
Marcellus Drilling News
JUNE 11, 2025
Banks remain confident in long-term energy fundamentals despite significant trade policy turbulence, according to the Spring 2025 Haynes Boone Energy Bank Price Deck Survey (full copy below). The survey, now in its 12th edition, is a leading source of information for energy lenders and producers, providing crucial details on commodity price expectations.
Rigzone
JUNE 11, 2025
The EU proposed a ban on the Nord Stream gas pipelines and the reduction of an oil price cap as part of a new sanctions package that aims to pile pressure on Moscow to end its war against Ukraine.
OilPrice
JUNE 11, 2025
Weeks after Germany decided to reverse course and 're-embrace' nuclear power following their supreme idiocy on the matter, the UK government announced on Tuesday that it would invest 14.2 billion pounds (US$19.3 billion) to build a new nuclear plant in the southeast of England. The move was revealed by the Department for Energy Security and Net Zero as part of its broader spending review, which will lay out priorities for the next four years.
Rigzone
JUNE 11, 2025
Two studies commissioned by Iberdrola's ScottishPower say that offshore charging for battery-powered crew transfer and service operation vessels is on the horizon for future wind farms.
Marcellus Drilling News
JUNE 11, 2025
The Ohio Department of Natural Resources (ODNR) recently released production numbers for the first quarter of 2025. The top natural gas producer in the state, by far, was Ascent Resources, with 195,139,574 Mcf (or 195.14 Bcf) of production during the quarter, which works out to an average of 2.17 Bcf/d. Ascent’s production accounted for 40%.
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