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Todays data centers, the workhorses of our digital economy, face a paradox. While they are asked to fuel the rapid advancement of generative AI, they must do so under increasingly tight energy budgets, with sustainability mandates and power constraints threatening to slow innovation. The question isnt whether AI will transform industriesit already isbut whether our infrastructure can keep up without buckling under the weight of AIs energy appetite.
U.S. crude oil production is set to peak at around 14 million barrels per day (bpd) in 2027, according to the Annual Energy Outlook 2025 of the U.S. Energy Information Administration (EIA). U.S. oil production is set to remain around the 14 million bpd level by 2030 and in the early 2030s, after which it is expected to decline faster through 2050 as the shale boom fades.
EWE aims to store hydrogen in Huntorf in the Wesermarsch region starting in 2027 The energy service provider EWE is driving forward the conversion of its gas storage site in […] The post NEUMAN & ESSER Receives Order for Hydrogen Storage Project in Northern Germany appeared first on POWER Magazine.
The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. The concept was first introduced byM. King Hubbert in the 1950s. His theory proposed that oil production would follow a bell-shaped curve, with a peak representing the point at which half of the total recoverable reserves had been extracted.
A Kentucky energy provider has broken ground for a new 75-MW power plant that will use reciprocating internal combustion engine (RICE) technology from Wrtsil. The post Kentucky Energy Group Breaks Ground for New RICE Power Plant appeared first on POWER Magazine.
Crude oil inventories in the United States saw an increase of 500,000 barrels during the week ending April 11, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up in a rare show of strength prior to the crude data release by the U.S. Energy Information Administration after a sharp dip over the last couple of weeks in the wake of the tariff war between the United States and China.
The transition toward electrification has challenges, such as the need for more infrastructure to support charging of electric cars and trucks, and other transport vehicles. The residential and commercial and industrial sectors must consider the cost of new technologies for heating and cooling. The post The POWER Interview: Electrification Key to Total Decarbonization appeared first on POWER Magazine.
The eight OPEC+ countries that have been cutting oil production will have to compensate 4.57 million barrels per day (bpd) in overproduction so far, and the compensation plans entail offsetting all above-quota output by June 2026. Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman have submitted their individual compensation plans to OPEC, the cartel said on Wednesday.
The eight OPEC+ countries that have been cutting oil production will have to compensate 4.57 million barrels per day (bpd) in overproduction so far, and the compensation plans entail offsetting all above-quota output by June 2026. Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman have submitted their individual compensation plans to OPEC, the cartel said on Wednesday.
The flexibility market is gaining ground within the electricity industry. The reasons for this are twofold. Firstly, there is more and more electricity generated from volatile renewable sources of energy […] The post EM-Power Europe: Start-Ups Provide Smart Solutions for Smart Grids appeared first on POWER Magazine.
Turkeys top oil refiner, Tupras, has resumed purchasing Russian Urals crude oil after a brief halt earlier this year prompted by U.S. sanctions on Moscow. According to trading sources and shipping data reviewed by Reuters, the company restarted imports following a drop in Urals prices below the G7's price cap, reaching their lowest point since 2023.
In what appears to be a coordinated effort, the PJM Interconnect electric grid is under attack by leftists. As we point out in our lead story today, the Pennsylvania DEP has prostituted itself politically and joined with extremist left-wing organizations to attack PJM.
Grid connections for businesses delivering clean energy are to be prioritised, ministers have said. The government has said so-called zombie projects which hold up the queue for National Grid connectivity are set to be axed from the waiting list. While industries including data centres and AI, wind energy and solar projects will be accelerated for grid connections, under plans by the Department for Energy Security and Net Zero (DESNZ), aimed at addressing the issue of firms waiting up to 15 year
This is shameful. A Pennsylvania government agency, the Department of Environmental Protection (DEP), has aligned itself with an extreme leftwing organization to attack the PJM Interconnection electric grid in a bid to paper over the failed policies of PA Governor Josh Shapiro. In particular, so-called “Acting” Secretary of the DEP, Jessica Shirley, has proven she.
Mexico has temporarily suspended imports of fuels from the United States by truck as it is stepping up inspections of permits in a bid to clamp down on illegal fuel trades, sources with knowledge of the matter have told Reuters. As Mexico is stepping up cargo inspections, trucks loaded with diesel and gasoline are currently not being allowed to cross the Texas border into Mexico, according to one of Reuters sources involved in the delivery of fuels by truck.
The on again, off again, on again, off again plan to build a massive data center in Pittsylvania County, Virginia, with a 3,500-megawatt gas-fired power plant is now off again, permanently. Last October, Balico applied to rezone more than 2,200 acres for a proposed campus in Pittsylvania County, Va., that would include its own massive.
Thailand is the latest Asian economy looking to import higher volumes of American energy as a way to convince the U.S. Administration not to slap high tariffs on Thai goods sold in the United States. Thailand plans to raise its U.S. LNG imports over the next five years, Finance Minister Pichai Chunhavajira said on Wednesday. Delegations from many Asian countries are heading to Washington D.C. these days to discuss the U.S. tariffs, now suspended for 90 days, which hit the most economies in Asia
The Marcellus Shale is a natural gas reserve in northeastern Pennsylvania and southwestern New York. Pennsylvania allows hydraulic fracturing, and thus produces gas, but New York has banned natural gas production from its share of the gas reserve. A special report, researched and published by the top-notch Heritage Foundation, evaluates the economic effects of hydraulic.
Tehran is ready to ease US concerns over its nuclear activities but scrapping uranium enrichment is off the table, Foreign Minister Abbas Araqchi said as the two sides prepare for a second round of talks this weekend over Iran's nuclear program. Araqchi told reporters after a weekly cabinet meeting in Tehran on April 16 that Irans enrichment is a real, accepted matter.
Energy Transfer’s (ET) Lake Charles LNG project is in the news again. Last week we told you that ET had landed a new partner to help pay for the project, MidOcean Energy, which will cover 30% of the cost of building the plant (see MidOcean Partners with Energy Transfer on Lake Charles LNG Exports). ET.
Crude oil edged more than 2% higher on Wednesday, driven primarily by hopes that tensions will ease in the U.S.-China trade conflict and U.S. inventory data. At 1:28 p.m. ET, Brent crude was trading up 2.09% at $66.02, while the U.S. benchmark, West Texas Intermediate (WTI), was trading up 2.12% at $62.63. A weaker U.S. dollar, bullish inventory data, and renewed hopes for easing U.S.
Data center networking has transformed dramatically with AI, and Cisco is at the forefront by creating flexible, scalable networks to enhance bandwidth, reduce latency, and improve energy efficiency. Its our view that Ciscos recognition in the Gartner Magic Quadrant for Data Center Switching recognizes its innovative solutions in high-performance networking, simplified operations, security integration, and cloud management.
Via Metal Miner The Aluminum Monthly Metals Index (MMI) remained sideways, as most components appeared consolidated. Overall, the index slid 0.74%, while aluminum prices experienced continued instability. Aluminum Price Volatility After Tariffs Aluminum prices have appeared increasingly volatile since the announcement of tariffs. Prices plunged after reaching a mid-March peak, breaking below their sideways range.
A key enabler of a future-proofed workplace is a strong backbone for access networks. Deploying multigigabit switches with enough power to support a range of devices allows organizations to scale to meet future demands like AI and Wi-Fi 7, while simplifying the deployment of cameras, sensors, and other workplace technology with a single Ethernet cable.
Senior executives from Azerbaijans state oil firm SOCAR this week discussed with Egyptian officials and executives the idea to establish a strategic Egyptian-Azeri partnership in the oil and gas sector, Egypts Ministry of Petroleum and Mineral Resources said. Egyptian Petroleum Minister Karim Badawi met in Cairo with Elkhan Polukhov, Azerbaijans Ambassador to Egypt, and an accompanying Azeri delegation, which included Zaur Hasanov, Director of Business Development at SOCAR.
After liquefying and exporting over 400 cargoes of LNG from March 1, 2022, through this month, Venture Global says its Calcasieu Pass (CP) LNG export facility in Louisiana is now officially open for business—three years after it began shipping LNG. Venture Global claimed the CP facility was not commercially ready until now. Venture Global has.
The United States has issued a fresh round of sanctions on Irans oil industry, targeting, once again, Chinese importers. More specifically, the Department of the Treasury added an independent Chinese refiner to its list of sanctioned entities for buying crude from Iran. The Treasurys Office of Foreign Assets Control (OFAC) is designating a China-based independent teapot refinery Shandong Shengxing Chemical Co., Ltd.
Carbon emissions from Europes power generators jumped in the first quarter of 2025 to the highest in two years as lower wind and solar output led to an increase in natural gas and coal plant utilization. Europes power producers saw their carbon dioxide (CO2) emissions jump to 390 million metric tons in the first quarter, up by 23.5 million tons from a year earlier.
Guangzhou Electrical Building Technology 2025 promotes smart development to drive low-carbon transformation Guangzhou,28March2025.Inrecentyears,Chinahasactivelypromotedtechnologiesthatintegratevariousenergysourcesandstoragesolutionstoimproveenergyefficiencya.
U.S. LNG exporter Venture Global has started contractual deliveries from its first LNG export project, Calcasieu Pass, to its long-term customers amid an ongoing dispute with major oil and gas firms over the delays to the official commercial operations date at the export project. Venture Global said that Calcasieu Pass has reached the commercial operations milestone in just 68 months from the final investment decision (FID) on the project, making it among the fastest greenfield LNG projects comp
Oil is up today as US/Iran talks apparently flounder.Angus are doing very well at Saltfleetby, Hunting are still knocking the lights out and won't look back in anger. In line figures from Predator and a sensible disposal from Jadestone. The post Flash blog: Angus, Hunting, Predator, Jadestone. appeared first on Malcy's Blog.
Ahead of tonight's grand unveiling of what Beijing wants the world to think about its economy, the market was active with Gold soaring at the China open for the third day in a row.and the Yuan fix notably lower again. Ahead of the GDP print, we saw both new and existing home prices released by the statistics bureau for March showing price drops have slowed on a month-on-month basis.
NeeStaNan project would use port location selected by Canadian government more than 100 years ago ByWill Gibson Building a port on Hudsons Bay to ship natural resources harvested across Western Canada to the world has been a long-held dream of Canadian politicians, starting with Sir Wilfred Laurier.
Military leaders from several nations are quietly holding under-the-radar talks at the headquarters of the Turkish Navy in Ankara this week, focusing on Black Sea security in the event of a cease-fire between Russia and Ukraine. The meetings come days after two European diplomatic sources told RFE/RL that Turkey had declared it was willing to "assume responsibility for the maritime dimension" of a multinational military deployment in Ukraine.
CALGARY, Alberta (April 16, 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 series of reports focused on its Haynesville growth forecast including natural gas production, operational efficiencies and Henry Hub basis fluctuations amid high price volatility.
Chinas thermal power generation, which mainly uses coal and also some natural gas, declined slightly over the first quarter thanks to stronger hydropower generation and wind and solar, Reuters has reported, citing government data. Thermal power output was down 4.7% between January and March, while hydropower generation rose by 9.5%. Total demand for electricity dipped by 1.3% during the first two months of the year but rose by 1.8% in March, the data from the Chinese National Bureau of Statistic
(World Oil) –Vista Energy has acquired Petronas’ 50% stake in a region of the Vaca Muerta shale basin in a deal valued at $1.5 billion USD. The purchase price is comprised of US$ 900 million in cash, US$ 300 million in deferred cash payments and 7,297,507 American Depositary Shares. LACh spans across 46,594 acres in the black oil window of Vaca Muerta.
Cisco and Splunk's partnership enhances security and observability solutions, offering real-time insights and expanding opportunities for joint partners via integrated programs and buying incentives.
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