Wed.Apr 02, 2025

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Nation’s Largest Gas-Fired Plant Planned at Former Pennsylvania Coal Plant Site

POWER Magazine

Officials in Pennsylvania have announced the redevelopment of a former coal-fired power plant site into a data center campus that will be powered by natural gas, in what they call […] The post Nation’s Largest Gas-Fired Plant Planned at Former Pennsylvania Coal Plant Site appeared first on POWER Magazine.

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One in Five Refineries Faces Shutdown Despite Rising Fuel Demand

OilPrice

Refineries are switching to biofuels or shutting down due to hostile regulationsbut demand for oil products is growing. This could result in either a market imbalance that will make these products more expensive or a geographical imbalance, which those who care about supply security wouldnt like. A total of 101 out of 410 refineries around the world are at risk of getting shut down over the next decade, Wood Mackenzie analysts estimated recently, noting that this number represented 21% of global

Refinery 360
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Plum (PA) Zoning Bd. Decision on 2nd Injection Well Coming in June

Marcellus Drilling News

Penneco Environmental Solutions wants to build a second wastewater injection well in Plum Borough (Allegheny County), PA, next to an existing injection well. Pennecos first wastewater injection well in Plum finally opened for business in mid-2021, overcoming all sorts of smears, slanders, and lawsuits by the enviro-left (see Plum Boro Injection Well in SWPA Now.

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Germany Reconsiders Storing Gold in the United States

OilPrice

For decades, the idea that Germanys gold reserves - some of the largest in the world - might not be safe in the vaults of the New York Federal Reserve would have seemed like the stuff of conspiracy theories. But as the political landscape shifts in Washington - and questions have been raised as to what's actually in US vaults, some German lawmakers are beginning to wonder aloud: Is their gold still secure?

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FERC, PJM Showdown re Co-Locating Data Centers at Power Plants

Marcellus Drilling News

Were still coming to grips with understanding how the power generation market works with respect to providing electricity for AI data centers.

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U.S. Senators Plan 500% Tariff on Russian Energy Buyers If Peace Talks Stall

OilPrice

A bipartisan group of 50 U.S. Senators has prepared a plan to slap a 500% tariff on imported goods from countries that buy Russian oil, gas, and uranium if Russia refuses to engage in good-faith negotiations for a lasting peace with Ukraine.

Energy 336
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Texas Gas Pipe Expanding to Flow Extra 2 Bcf/d of M-U Gas to La.

Marcellus Drilling News

This is VERY exciting news! Boardwalk Pipeline Partners announced yesterday an open season to offer an extra 2 billion cubic feet per day (Bcf/d) of capacity along its 5,975-mile Texas Gas Transmission pipeline network that stretches from Ohio to Louisiana, running through Indiana, Illinois, Kentucky, Mississippi, and Arkansas along the way.

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More Trending

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Utica Driller Ascent Resources Buying Back $25M of Common Units

Marcellus Drilling News

Ascent Resources, founded as American Energy Partners by gas legend Aubrey McClendon, is a privately held company focusing 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohios largest natural gas producer and the 8th largest natural gas producer in the U.S. Yesterday, the company announced a tender offer to repurchase.

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China Aims to Maintain Leadership in Aluminum Sector

OilPrice

Via Metal Miner At a time when analysts expect the global demand for aluminum to rise, a new development in China may significantly impact both aluminum market demand and the countrys internal consumption. That said, market watchers know that any announcement around metals coming out of Beijing these days also has to be looked at through the lens of the ongoing tariff war with the United States.

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Transco Southeast Energy Connector in Alabama Now Live for M-U Gas

Marcellus Drilling News

Yesterday, pipeline giant Williams announced the successful commissioning of two Transco pipeline projects that can flow Marcellus/Utica gas to the southeast and Gulf Coast. The Southeast Energy Connector in Alabama supports the conversion of electric power generation in Alabama from coal to natural gas. It provides 150 MMcf/d of natural gas to meet the areas.

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Iran Targets Dramatic Output Increase From Oil Fields Bordering Iraq

OilPrice

Iran is targeting a dramatic increase in oil production from the fields it shares with neighbouring Iraq, according to the chief executive officer of its Petroleum Engineering and Development Company (PEDEC), Nasrollah Zarei. These include its enormous Azadegan oil field (split into North and South sites) that sits on the same reservoir as Iraqs huge Majnoon site, and the massive Yadavaran oil field which occupies the same reservoir as Iraqs Sinbad site.

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Oil price, Genel, Challenger, Southern. And finally…

Malcolm Graham Wood

Oil is virtually unchanged today, Liberation Day. Yesterday Genel paid down a bit of early debt and today CEG announces trading on the OTCQB and Southern confirms details of the placing. The post Oil price, Genel, Challenger, Southern. And finally… appeared first on Malcy's Blog.

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Global Crude Oil Shipments Rise Ahead of OPEC+ Supply Boost

OilPrice

Global seaborne crude oil flows rose in March from February, just ahead of the supply increase coming from OPEC+ in April, oil flows tracking data by Bloomberg showed on Wednesday. Global crude exports averaged 39.92 million barrels per day (bpd) in March, up by 119,000 bpd from February levels, according to the observed shipments tracked by Bloomberg.

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Jinneng's 5 GW Solar Project in Shanxi Breaks Ground with Over RMB 16 Billion Investment

EnergyTrend

Jinneng's 5 GW Solar Project in Shanxi Breaks Ground with Over RMB 16 Billion Investment OnMarch27-28,the5GWphotovoltaicpowergenerationprojectintheShanxiJinbeicoalminingsubsidenceareaofficiallycommencedconstructioninZuoyunCounty,YungangDis.

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India Hikes U.S. Crude Oil Imports by 67% in March

OilPrice

Indias crude oil imports from the United States jumped by 67% in March from a month earlier as Indian refiners scrambled to replace Russian volumes and the U.S. pushed for India and other major trade partners to buy more American energy. Indias U.S. crude oil imports thus jumped to about 244,000 barrels per day (bpd) last month, up from 146,000 bpd in February, Indian outlet Economic Times reports, citing data from energy cargo tracking firm Vortexa.

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16GWh! Deye proposed to invest more than 2 billion to develop industrial and commercial energy storage!

EnergyTrend

16GWh! Deye proposed to invest more than 2 billion to develop industrial and commercial energy storage! Accordingtobjx.chuneng.com,onApril2,Deyesharesreleasedtheannouncementofwholly-ownedsubsidiarysigningprojectinvestmentagreement,theannouncementshowstha.

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State Control Returns to Mexican Energy Production

OilPrice

Mexicos energy sector is undergoing a dramatic transformation, which was announced on the 87th anniversary of the original oil expropriation by Lazaro Cardenas. These new leyes secundarias will substantially alter the path set by the 2013 energy reforms that opened the industry to private and foreign investment. Former President Enrique Pea Nietos government promised that inviting private companies into oil, gas and electricity production would modernize infrastructure, reduce costs and boost ef

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Prairie Operating Co. announces 11-well development at Rusch Pad

Oil & Gas 360º

(Oil & Gas 360) –HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the Company or Prairie), today announced the launch of an 11-well development program at the Rusch Pad in Weld County, Colorado. The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin.

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OPEC+ Energy Ministers to Discuss Production Quota Compliance

OilPrice

Energy ministers of the OPEC+ producers will discuss in a Thursday call the importance of sticking to the oil production quotas under the deal, delegates from the alliance told Bloomberg on Wednesday. In every press release for years, the OPEC+ group has been stressing how important sticking to the quotas is. Overproduction has partly negated the bullish effects of the cuts on the oil market.

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ConocoPhillips eyes sale of Oklahoma assets worth over $1 billion, sources say

Oil & Gas 360º

(BOE Report) – ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with the matter said. Houston, Texas, USA – March 2, 2022: ConocoPhillips World Headquarters in Houston. The ConocoPhillips Company is an American multinational corporation.

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EIA: US Crude Oil Inventories Climb 6.2 Million Barrels

OilPrice

Crude oil inventories in the United States saw a large increase of 6.2 million barrels during the week ending March 28, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a build of 6.037 million barrels in U.S. crude oil inventories amid a small gasoline draw.

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Chevron sells 70% stake in Haynesville shale assets to Tokyo Gas for $525 million

Oil & Gas 360º

(World Oil) –Chevron has closed on a deal to sell a 70% interest in its East Texas shale gas assets to an affiliate of TG Natural Resources LLC (TGNR), a company indirectly owned by Tokyo Gas and Castleton Commodities International LLC (CCI), for $525 million, with $75 million paid in cash and $450 million as a capital carry to fund Haynesville development.

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Natural Hydrogen Find Challenges Energy Assumptions

OilPrice

About 20 years ago, I was interviewing a candidate for a position at a major oil and gas company. On paper, they had impressive credentials, including extensive experience with hydrogen. Naturally, I asked what I thought was a straightforward follow-up: What are the primary sources of commercial hydrogen? The answer I received stopped me cold: You drill a hydrogen well.

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Anaergia Finalizes Contract With Techbau to Build Five Biomethane Plants in Italy

Oil & Gas 360º

Anaergia’s proprietary anaerobic digestion systems to produce biomethane for injection int…

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LNG Canada Moves Closer to Launch

OilPrice

LNG Canada has received its first import cargo of liquefied gas that it will use for equipment testing as the facility nears completion, which is scheduled to take place later this year. The Greece-flagged Maran Gas Roxana tanker arrived safely in Kitimat, LNG Canada said in a news release without specifying the size of the LNG cargo. This activity is critical to our safe start-up and commissioning process in advance of our operations, and to achieving our first LNG export cargoes by the middle

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Argus launches EU Low-carbon Ammonia Benchmark

Oil & Gas 360º

Argus launches EU Low-carbon Ammonia Benchmark PR Newswire G , April 2,…

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India Power Utility Seeks Partners for Nuclear

OilPrice

Indias NTPC, the countrys largest power utility, is looking for partners to help it build 15 GW of new nuclear capacity, Reuters has reported, citing tender documents. Partnering with a foreign company was made possible by recent amendments to Indian nuclear energy legislation that previously did not allow for foreign investment in Indian nuclear energy or participation in the construction of nuclear power capacity.

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Is Enbridge Stock (TSX:ENB) a Buy for its 5.9% Dividend Yield?

Oil & Gas 360º

2025-04-01 21:30:00 ET Enbridge ‘s.

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Thailand Pledges to Buy More Energy From the U.S.

OilPrice

Thailand has become the second Asian nation to promise to buy more U.S. energy commodities in a bid to avoid tariffs in as many days. Vietnam earlier this week did the same as import tariffs loom over all U.S. trade partners that have a surplus with Washington. The Thai government has estimated that an additional import tariff of 11% from the United States would lead to a hit of $8 billion for the state coffers, Bloomberg has reported, which motivated the decision to commit to more energy buying

Energy 180
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Diamondback Energy, Inc. Announces Closing of Double Eagle Acquisition

Oil & Gas 360º

MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc.

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ConocoPhillips Considers Selling Prime Oklahoma Assets

OilPrice

ConocoPhillips is considering the sale of oil and gas assets in Oklahoma, which it acquired through its $22.5-billion purchase of Marathon Oil last year, Reuters reported exclusively on Wednesday, citing unnamed sources familiar with the matter. The company has enlisted investment bank Moelis & Co. to facilitate the sale of these assets, according to Reuters unconfirmed report, noting that the process is still in its early stages, and a deal has yet to be finalized.

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Integrated Power Services (IPS) Acquires Tram Electric

Oil & Gas 360º

Greenville, SC, April 02, 2025 (GLOBE NEWSWIRE) — Integrated Power Services (IPS), a world-class…

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Waha prices expected to go negative (again)

Enverus

CALGARY, Alberta (April 2, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages Generative AI across its solutions, is releasing a report examining how recent pipeline project approvals have changed the picture for natural gas transportation as well as prices in the Permian Basin.

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Energy Plug Technologies Corp. Engages Atlas Strategic Advisors as Strategic Advisors

Oil & Gas 360º

Vancouver, British Columbia–(Newsfile Corp. – April 2, 2025) – Energy Plug Technologies Corp.

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Learning together is essential to building a strong culture

SmartBrief

Leadership is really quite simple. You hire good people, provide them with resources and support and let them soar. Is that so difficult? Garry Ridge, long-time and now retired CEO of the WD-40 company, would agree. After all, the title of his new book, co-authored with Martha Finney, is Any Dumbass Can Do It! But, in deference to Garry, whom I call a friend, it takes more, much more.

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Homerun Resources Inc. Appoints DGWA as European Financial Markets Advisor

Oil & Gas 360º

Vancouver, British Columbia–(Newsfile Corp. – April 2, 2025) – Homerun Resources Inc.

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The biggest mistakes companies make when onboarding STEM professionals

Airswift: Oil & Gas

First impressions matterespecially when it comes to onboarding new employees. Research shows that organisations with a structured onboarding process see 50% higher retention rates compared to those without. A strong start not only helps new hires integrate seamlessly into the team but also lays the foundation for their long-term success and job satisfaction.

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