Thu.Apr 10, 2025

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Canada Approves First Grid-Scale SMR Construction at Darlington

POWER Magazine

The Canadian Nuclear Safety Commission (CNSC) has given Ontario Power Generation (OPG) the green light to begin building a 300-MW GE-Hitachi BWRX-300 small modular reactor (SMR) at the Darlington New […] The post Canada Approves First Grid-Scale SMR Construction at Darlington appeared first on POWER Magazine.

Energy 240
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Iraq’s 7 Million bpd Oil Production Goal Draws Swift Response from Chinese Firms

OilPrice

The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target within the next five years has spurred activity among Chinese firms that continue to dominate the countrys oil and gas sector. As it stands, more than a third of all Iraqs proven oil and gas reserves and over two-thirds of its current production are managed by Beijings companies, according to industry figures.

Oil 340
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PJM Taps Google and Tapestry to Use AI for Grid Interconnection Planning

POWER Magazine

PJM, the largest grid operator in North America, has launched a multiyear partnership with tech giant Google and its Alphabet X moonshot Tapestry to streamline PJMs grid interconnection process using […] The post PJM Taps Google and Tapestry to Use AI for Grid Interconnection Planning appeared first on POWER Magazine.

Operator 240
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Nuclear’s Back—but Uranium Supply Isn’t

OilPrice

The nuclear power industry will need additional uranium supply in the medium and long term to ensure adequate supply for the new era of nuclear energy. Therefore, efforts must begin immediately to secure the supply of the key nuclear fuel, the OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA) said in their Red Book report prepared jointly every two years.

Energy 326
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DOE’s Loan Programs Office Offers Game-Changing Possibilities

POWER Magazine

As the presidential inauguration loomed on the horizon in January this year, the U.S. Department of Energys (DOEs) Loan Programs Office (LPO) published a year-in-review article, highlighting accomplishments from 2024 […] The post DOEs Loan Programs Office Offers Game-Changing Possibilities appeared first on POWER Magazine.

Energy 173
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LIVE: Oil Prices Resume Downward Spiral

OilPrice

Oil prices plummeted on April 10, 2025, with WTI and Brent crude experiencing significant drops due to heightened trade tensions between the US and China, including tariff hikes. Supply factors, such as the Keystone pipeline outage and surging US crude inventories, contributed to the downward pressure on oil prices, further destabilizing the market.

Oil 323
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Microsoft Hits Pause Button on $1B Data Centers Near Columbus, OH

Marcellus Drilling News

A number of data centers have been announced in Licking County, in the suburbs of Columbus, Ohio. They all will need enormous amounts of electricity to operate. MDN recently told you about three gas-fired power plants planned for New Albany, including one from PowerConneX and two from Williams subsidiary Will-Power (see Multiple Utica-Fired Power Plants.

Operator 243

More Trending

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PA DEP Claims Slow Permit Backlog Reduced 88% from 2,400 to 300

Marcellus Drilling News

Permitting in Pennsylvania, overseen by the Dept. of Environmental Protection (DEP), has been a hot mess for years. A Chapter 102 Erosion and Sedimentation permit sometimes takes two, three, or even six months for approval instead of the policy-mandated 14 days. According to a DEP press release from yesterday, thats all behind us. Last.

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EIA Projects Lower Oil Demand Growth as Prices Plunge 4%

OilPrice

The U.S. Energy Information Administration (EIA) on Thursday revised its global oil demand growth projections downward, citing the impact of escalating trade tensions and increased tariffs, as markets resumed their downward trajectory that saw a brief pause on Wednesday following Washingtons announcement of a postponement for everyone except China. The EIA now anticipates a growth of 900,000 barrels per day (bpd) for the current year, a decrease from the previously forecasted 1.2 million bpd.

Oil 248
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How the Proposed Liberty/Range Gas-Power Plant in Pa. is Different

Marcellus Drilling News

Yesterday, MDN told you about a newly announced data center (and gas-fired power plant) coming to Washington County, PA (see Another Data Center Announced for SWPA; Range to Provide NatGas). Liberty Energy Inc., Imperial Land Corporation, and Range Resources announced a strategic alliance to support the development of a state-of-the-art gas-fired power plant and data.

Gas 192
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Australia Pilots Novel Wave Energy Converter

OilPrice

Harnessing the power of our oceans could provide all the energy that the world needs three times over, with zero carbon emissions. Ocean waves produce an estimated 50 trillion to 80 trillion watts of power on a global scale. Even if we are able to harness just a fraction of that clean baseload power, it would upend global energy systems as we know them.

Energy 236
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Oil price, Arrow, PetroTal, Sintana, CEG, Corcel, Sound, Coro, UOG. And finally…

Malcolm Graham Wood

Oil has fallen again, Arrow look very strong as do PetroTal. I interview Sintana CEO Robert Bose and talk about Challenger and Corcel too. With Coro out of Duyung and UOG opening the data room for Walton Morant the upside needs to be proved by a farm-out. The post Oil price, Arrow, PetroTal, Sintana, CEG, Corcel, Sound, Coro, UOG. And finally… appeared first on Malcy's Blog.

Oil 162
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European Rearmament Efforts Focus on Air Defense Systems

OilPrice

Two former senior US military commanders have said Europe's aerial shield is not prepared to meet the scale of the threat from Russia, while the head of the US Navy's air and missile defense task force has told RFE/RL that intercepting incoming fire is "always a cat-and-mouse chase." The comments come as European countries begin a massive rearmament program, agreed last month, with air defenses top of the shopping list.

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GEDA Promotes Innovative Hoist for Wind Turbines at bauma Event

POWER Magazine

At bauma 2025, touted as the worlds leading trade fair for construction machinery, building material machines, mining machines, construction vehicles, and construction equipment, which was held at the exhibition center […] The post GEDA Promotes Innovative Hoist for Wind Turbines at bauma Event appeared first on POWER Magazine.

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Unconventional Resources Fuel China's Energy Growth

OilPrice

In a world where geopolitics and energy security are increasingly intertwined, China's national oil companies have emerged as pivotal actors in securing the nations energy future while shaping global energy dynamics.

Energy 199
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South Africa approves energy transition plan, proposes to add 3-5GW of renewable energy installations per year

EnergyTrend

South Africa approves energy transition plan, proposes to add 3-5GW of renewable energy installations per year AccordingtoOfficialAmmount@gh_cbefccfce621,theSouthAfricangovernmenthasrecentlyformallyapprovedtheSouthAfricanRenewableEnergyDevelopmentMasterPlan(SAR.

Energy 147
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Google AI Tools to Optimize Connections to Biggest U.S. Grid

OilPrice

Google announced on Thursday an agreement with PJM Interconnection, the largest grid operator in North America, to deploy a new set of AI tools and models to manage and optimize interconnecting power generation to the PJM electric grid. Google, Alphabet-incubated moonshot Tapestry, and PJM are collaborating for the intelligent management of connection queues to the PJM electrical grid, which spans the District of Columbia and 13 states across much of the industrial Mid-Atlantic and Midwest.

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MidOcean Partners with Energy Transfer on Lake Charles LNG Exports

Marcellus Drilling News

Just as the pandemic began to unfold in early 2020, Shell pulled out of a 50/50 joint venture partnership with Energy Transfer (ET) to build a new LNG export facility in Lake Charles, Louisiana (see Shell Pulls Out of Lake Charles LNG Project, Energy Transfer Stays). A boneheaded move on Shells part, if you ask.

Energy 147
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Central Asia and Europe Forge Green Energy Corridor

OilPrice

Azerbaijan, Kazakhstan and Uzbekistan have taken a significant step to line up financing for an ambitious plan to export renewable-energy-produced electricity to Europe, signing a memorandum of understanding with the Asian Development Bank and Asian Infrastructure Investment Bank. The MOU establishes a robust institutional and legal framework to facilitate cross-border electricity trade, according to a statement issued by the ADB.

Energy 193
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Welcome to EVOLVE 2025: Where visionaries converge to shape the future of energy

Enverus

AUSTIN, Texas (April 10, 2025) Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is inviting members of the media to EVOLVE 2025 , a conference where visionaries converge to shape the future of energy. The conference will be held May 12-15, 2025, at the Hilton Americas in downtown Houston (1600 Lamar St., Houston, TX 77010).

Energy 130
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Overproducing Kazakhstan Discusses Oil Output Cuts With Firms

OilPrice

Kazakhstan, which has been pumping oil above its OPEC+ quota, is in negotiations with the companies operating in the country on potentially trimming output to fall in line with the OPEC+ agreements, Kazakhstans energy ministry told Russian news agency Interfax on Thursday. Kazakhstan was unable to achieve its goal in March and exceeded its commitments under the OPEC+ agreement, the energy ministry told Interfax when contacted to respond to how its obligations under the OPEC+ deal are progressing

Oil 191
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The Largest Solar and Wind Projects Coming Online in 2025 — Meet Enverus Instant Analyst™

Enverus

There is no question that AI is changing the way we access information across renewable energy projects in 2025. At Enverus, we are leading the energy industry in AI applications, ranging from how we can help our customers get answers faster to how we can gather and verify new data more efficiently. Using Enverus Instant Analyst , powered by Generative AI, it has never been easier to get data and answers around the energy industry.

Energy 130
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Mubadala Makes Its American Gas Debut – Finally

OilPrice

Mubadala Investment Co just planted its flag in the U.S. natural gas scene, marking its first real foray into the Lower 48s upstream and LNG ambitions. The Abu Dhabi wealth funds energy arm has snapped up a 24% stake in SoTex HoldCo LLCoperator of a shale gas field and backer of an LNG terminal in Louisiana. Translation: Mubadalas not just dipping a toe; its cannonballing into Americas gas game.

IT 184
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Trina Storage Global Debut of Elementa G3: 12.5% Reduction in LCOS, Defining a New Paradigm for Market-Oriented Energy Storage

EnergyTrend

Trina Storage Global Debut of Elementa G3: 12.5% Reduction in LCOS, Defining a New Paradigm for Market-Oriented Energy Storage AccordingtoOfficialAmmount@TrinaSolar,onApril10th,the13thInternationalEnergyStorageConference&Expo(ESIE2025)wasgrandlyheldattheChinaInternationalE.

Energy 130
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Trade War Could Slow Down the AI Boom

OilPrice

Growth in the AI data center sector could slow due to a global trade war and heightened macroeconomic uncertainties, according to the International Energy Agency (IEA). In a Thursday report on AI and its expected impact on global electricity demand, the agency modeled a so-called Headwinds Case, which forecasts slower AI adoption in case bottlenecks, including macroeconomic headwinds, emerge and persist.

Casing 184
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JinkoSolar Unveils New Blue Whale SunTera G3 Energy Storage Solution

EnergyTrend

JinkoSolar Unveils New Blue Whale SunTera G3 Energy Storage Solution AccordingtoOfficialAmmount@gJinkoSolar,onApril10th,ESIE2025,the13thInternationalEnergyStorageConference&Expo,grandlyopenedinBeijing.Asagloballeade.

Energy 130
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Nuclear Energy Expansion Faces Water Resource Challenges

OilPrice

A global nuclear energy renaissance is unfolding. Around the world, the public and private sectors are warming to the idea of nuclear energy expansion to meet ballooning energy demand driven by data centers without throwing decarbonization accords out the window. The International Energy Agency projects that the world will produce more nuclear energy in 2025 than ever before.

Energy 179
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2GWh energy storage system contract! Another enterprise “exploding single”.

EnergyTrend

2GWh energy storage system contract! Another enterprise exploding single. AccordingtoOfficialAmmount@sjchuneng,onApril9th,CloudEnergyCubeandNoahJapanheldastrategicprocurementsigningceremonyinTokyo,Japan.Accordingtotheagreeme.

Energy 130
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The Case for Fully Debt-Financed Utilities

OilPrice

Our regulatory regime in the US is based on the Supreme Court decisions in the Hope and Bluefield cases. In both cases the courts clearly limit public utility commission ratemaking discretion while establishing four key principles of ratemaking: 1) value the assets fairly (including adjustments for inflation), 2) provide a reasonable return to both creditors and equity holders, 3) admit that the unique expertise of the commissions should be owed some deference, 4) and that rates should reflect a

Casing 158
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40GWh! CATL Zero-carbon Industrial Park Project Lands in Jinan, Shandong Province

EnergyTrend

40GWh! CATL Zero-carbon Industrial Park Project Lands in Jinan, Shandong Province AccordingtoBJX.COM,onMarch15,thesigningceremonyfortheZeroCarbonCityStrategicCooperationandDongyingCATLZeroCarbonIndustrialParkProjectbetweenDongyingMu.

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ReconAfrica provides drilling update on Prospect I

Oil & Gas 360º

(Oil & Gas 360) CALGARY, AB , April 10, 2025 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) ( Frankfurt : 0XD) (NSX: REC) announces a drilling update on Prospect I. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far.

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CARBON-LED GROWTH WITH BECCS | Ashes to Assets

Enverus

Biomass energy with carbon capture and storage (BECCS) is emerging as a leading pathway for CCUS commercialization. With the ability to stack incentives such as the $85/tonne 45Q tax credit, renewable energy credits (RECs) ranging from $2.08/MWh in the national voluntary market to $48.50/MWh in CAISO, and the $387/tonne carbon dioxide removal (CDR) credit, BECCS can achieve negative levelized costs of electricity (LCOE).

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Miros strengthens oil spill detection system with cloud-enabled capabilities

Oil & Gas 360º

(World Oil) – Miros, an industry leader in real-time ocean insights for maritime and offshore operations, has made a significant update to its Oil Spill Detection (OSD) system. The latest version of the Miros OSD now features cloud-enabled capabilities, a natural product evolution that further distinguishes it from other oil spill detection solutions on the market while aligning seamlessly with the companys other cloud-enabled products.

Oil 130
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TC Energy CEO says Canada can become top LNG supplier to Asia

BOE Report

The chief executive of pipeline operator TC Energy says he believes Canada can be the No. 1 exporter of liquefied natural gas to Asia, but political leadership is crucial to making it happen.

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Prairie Operating Co. secures strong cash flow with strategic hedging program ahead of market downturn

Oil & Gas 360º

(Oil & Gas 360) 85% of the remaining 2025 daily production locked in at $68.27/bbl WTI and $4.28/MMBtu Henry Hub HOUSTON, TX, April 10, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the Company or Prairie) an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin today announced the successful execution of a strategic hedging program which covers approximately 85% of its current daily p

Operator 130
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The duty of care: How leaders can anchor teams in turbulent times

SmartBrief

The ground beneath employees is shifting fast. In the face of continued economic volatility, widespread layoffs and growing personal financial strain, many are navigating their work lives with a sense of anxiety and disconnection. Mental health challenges are on the rise (in fact, 76% of U.S. workers report at least one symptom of a mental health condition), and uncertainty about the future of work remains high.

IT 123
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Weekly Gas Storage: Inventories increase by 57 Bcf

Oil & Gas 360º

Natural Gas Inventories as of April 4, 2025 The EIA has released its natural gas inventory report, showing a net increase of 57 Bcf as of April 4, 2025. Working gas in storage was 1,830 Bcf as of Friday, April 4, 2025, according to EIA estimates. This represents a net increase of 57 Bcf from the previous week. Stocks were 450 Bcf less than last year at this time and 40 Bcf below the five-year average of 1,870 Bcf.

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