Sat.Apr 26, 2025

article thumbnail

Renewables Emerge as Key to Meet AI-Driven Energy Demand

OilPrice

The operator of the largest gas-fired electricity generation fleet in America believes that renewables will be vital to meet the rise in power demand driven by AI and the reshoring of manufacturing. NextEra Energy whose 72 gigawatts (GW) operating portfolio consists of 55% renewables, 36% gas, and 8% nuclear power generation says that America will need all forms of energy to meet the expected surge in demand.

Energy 292
article thumbnail

Amazon and Nvidia say all options are on the table to power AI including fossil fuels

CNBC: Energy

OKLAHOMA CITY Amazon and Nvidia told a room of oil and gas executives this week that all options are on the table to power artificial intelligence

Oil 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Trinidad and Tobago Expands Offshore Oil and Gas Bidding

OilPrice

Trinidad and Tobago has steadily been developing its fossil fuel potential in line with regional growth. Neighbouring Guyana has attracted attention from numerous international oil majors eyeing Caribbean oil and gas, which has, in turn, garnered greater attention in Trinidad and Tobagos energy sector. While some operations are under threat due to the introduction of sanctions on neighbouring Venezuela, the government hopes to expand several of the countrys oil and gas fields in the coming years

Oil 275
article thumbnail

Navigating Headwinds: Lower Drilling Revenue, North American Outlook, and Tariff Pressures on SLB

Oil Gas Leads

The first quarter of 2025 brought a challenging landscape for the North American oilfield services market, as reflected in SLB’s recently released financial results. Although the company remains resilient, it is facing notable hurdles tied to lower drilling revenue, a cautious drilling outlook, and rising concerns about tariffs that threaten to impact future activity.

article thumbnail

Russian Soft-Power Faces Pushback in Central Asia

OilPrice

Kazakhstan and Kyrgyzstan have joined Azerbaijan in hardening their attitudes towards Russian soft power entities. On April 22, RFE/RL reported that an employee of Russia House in the southern Kyrgyz city of Osh had been taken into custody on suspicion of illegally trying to recruit locals to join the Russian army to fight in Ukraine. Russia House in Osh is operated by Rossotrudnichestvo, a state agency that funds a variety of Kremlin soft-power projects.

Operator 245
article thumbnail

SubCtech ESS Revolutionizes Onshore, Offshore Power

Offshore Engineer

SubCtechs Li-Ion Energy Storage Systems deliver clean, reliable subsea energy, powering ROVs, AUVs, and subsea infrastructure reducing CO emissions and OPEX for sustainable marine operations

ROV 76
article thumbnail

DV Group Embarks on Big Push Into Commodities Beyond Energy

Rigzone

DV Group is expanding its nascent commodities-trading business.

Energy 62

More Trending

article thumbnail

Distributed Generation: A Comprehensive Guide to Benefits and Challenges

Navigate Power

Are your energy costs spiraling out of control? You’re not alone. Businesses across the country struggle with unpredictable utility bills and power reliability issues. What if you could generate your power right where you need it? What is distributed generation, and how can it transform your energy strategy? In this guide, Navigate Power LLC will explain distributed generation and how it’s revolutionizing the business energy landscape.

article thumbnail

Climate Change, Human-Caused or Natural?

Energy Central

When I decided to use the above title, I was pretty sure a majority of the U.S. public would select the first option (human-caused). But after selecting it, did a search for a recent poll from a respected pollster that asked this question. I found a Pew Research poll that asked, “How much do Americans think humans contribute to climate change?

IT 52
article thumbnail

Delaware Basin Oil Company Directory

Oil Gas Leads

The Delaware Oil Companies Directory is a compiled directory of oil & gas companies operating in the Texas & New Mexico that focus on the Delaware Basin, one of the most prolific oil and gas-producing regions in the United States. Purchase Complete Directory – Only $10.00 Buy Now Here is a summary of the information included in the list.

Basin 52
article thumbnail

U.S.-Iran Nuclear Talks Enter Technical Phase

OilPrice

High-stakes nuclear talks between the United States and Iran have already entered the technical phase after just two rounds of negotiations mediated by Oman. A third round of talks, along with separate technical discussions, is scheduled for April 26 in Muscat. The progress has fueled speculation, particularly in Iran, that the administration of US President Donald Trump has dropped its demand for the dismantlement of Tehran's nuclear program in favor of simply capping it.

IT 212
article thumbnail

Midland Basin Oil Company Directory

Oil Gas Leads

The Midland Basin Oil Companies Directory is a compiled directory of oil & gas companies operating in West Texas that focus on the Midland Basin, one of the most prolific oil and gas-producing regions in the United States. Purchase Complete Directory – Only $10.00 Purchase Now Here is a summary of the information included in the list. Account Name Name of the company or entity.

Basin 52
article thumbnail

UK Looks To Woo Investors Impacted by Trump Tariffs

OilPrice

The U.K. Labour government has introduced several policies aimed at advancing the countrys green transition since coming into power last July. New climate and green energy policies, coupled with higher levels of national funding for renewables, are helping to attract billions in private investment. The government now aims to use the current geopolitical situation with the United States to encourage even more financing for energy projects.

article thumbnail

Haynesville Shale Oil Company Directory

Oil Gas Leads

The Haynesville Shale Oil Companies Directory is a compiled directory of oil & gas companies operating in East Texas & Louisiana that focus on the Haynesville Shale Basin, one of the most prolific oil and gas-producing regions in the United States. Purchase Complete Directory – Only $10.00 Buy Now Here is a summary of the information included in the list.

Oil 52
article thumbnail

Oklahoma Oil Company Directory

Oil Gas Leads

The Oklahoma Oil Companies Directory is a compiled directory of oil & gas companies operating in Oklahoma that focus on the Anadarko Basin, one of the most prolific oil and gas-producing regions in the United States. Purchase Complete Directory – Only $10.00 Purchase Now Here is a summary of the information included in the list. Account Name Name of the company or entity.

Oil 52
article thumbnail

Phillips 66 Expands Midstream Footprint with New Permian Basin Gas Processing Investments

Oil Gas Leads

Phillips 66 Co. is charging ahead with its strategy to enhance midstream performance and integrated growth, announcing major new developments during its Q1 2025 earnings call on April 25. As part of its broader NGL wellhead-to-market strategy , the company has taken Final Investment Decision (FID) on a new project: the Iron Mesa gas processing plant , a 300-MMcfd facility to be built in Ector County, Texas , near the existing Goldsmith gas plant northwest of Odessa.