POWER Magazine
MARCH 27, 2025
One week after a catastrophic fire at the North Hyde electrical substation plunged the UKs flagship Heathrow Airport into chaos, questions are mounting about what went wrongand what the incident […] The post Heathrow Airport Transformer Fire Prompts Urgent Inquiry, Exposes Cracks in Grid Resilience appeared first on POWER Magazine.
OilPrice
MARCH 27, 2025
India moved on Thursday to deny entry to a Tanzanian-flagged tanker carrying Russian crude, signaling that New Delhi is ramping up scrutiny of vessels transporting oil from Russia, Reuters reported exclusively. The vessel, Andaman Skies, was en route to the Vadinar Port to deliver 100,000 metric tons (roughly 800,000 barrels) of Varandey crude oil sold by Russias Lukoil.
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POWER Magazine
MARCH 27, 2025
Recognizing their desirable attributes and long-term potential to meet data center demands for power, several technology companies have announced their intention to team up with nuclear developers. At the same time, three companies with shuttered nuclear plants have notified the U.S. Nuclear Regulatory Commission of their plans to restart those facilities, which were closed for economic reasons.
OilPrice
MARCH 27, 2025
Europes gas storage levels this week reached an uncomfortably low level of some 34% full. Germanys alone has dropped to 29%. Yet LNG imports are about to pick up and, for a change, prices might not surgethanks to China. Earlier this month, Kpler data showed that Chinas imports of liquefied natural gas had slumped to the lowest level in five years. At 4.
Marcellus Drilling News
MARCH 27, 2025
The Public Service Commission of Wisconsin held hearings on Tuesday at the Oak Creek Community Center to listen to public comments on a proposed natural gas plant. Wisconsin Electric Gas Operations, doing business as We Energies, proposes to spend $1.2 billion at its Oak Creek Power Plant (Oak Creek is a suburb of Milwaukee) to.
OilPrice
MARCH 27, 2025
BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the ten major new projects that the UK supermajor promised to start up by 2027. In a strategy reset last month, BP said it is increasing its investment in upstream oil and gas to $10 billion per year while slashing spending on clean energy by more than $5 billion a year.
Marcellus Drilling News
MARCH 27, 2025
On Monday, the U.S. District Court for the Western District of Virginia (Roanoke Division) ruled in two of five cases before it in which Mountain Valley Pipeline (MVP), which is now majority-owned by EQT Corporation, sued radical protesters who blocked the construction of the pipeline in Roanoke County, Virginia. The court dismissed one count in.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
Marcellus Drilling News
MARCH 27, 2025
Here’s an interesting lawsuit that never appeared on our radar. It involves a lease in Fayette County, West Virginia, and the right to establish an injection well in an old conventional well on the leased property. The party leasing and using the old injection well, Webb Construction, was later sued by the party leasing out.
OilPrice
MARCH 27, 2025
Saudi Aramco, the worlds top oil firm and single biggest crude exporter, is in discussions to invest in two planned refineries in India, sources in India told Reuters on Thursday. State-owned Indian refiners plan to build several new crude processing plants to meet soaring fuel and petrochemicals demand in the worlds third-largest crude oil importer.
Marcellus Drilling News
MARCH 27, 2025
Today, we introduce you to a new advertiser on Marcellus Drilling News: MS Industries. Below is a sponsored post from MS Industries. Such posts on MDN are extremely rare. We only accept sponsored posts if we believe the content is (a) very high quality and (b) directly relevant to MDN readers. This post on frac.
OilPrice
MARCH 27, 2025
Via Metal Miner A rare earth metals report by none other than a state-backed research institute is not only likely to unsettle the Chinese authorities, it has also come as a bolt out of the blue for the rest of the world. A report by the Chinese Academy of Sciences released a few days ago said Chinas dominance in the rare earths sector could be nearing the end.
Marcellus Drilling News
MARCH 27, 2025
We are frequently critical of the Pennsylvania Department of Environmental Protection (DEP) under the leadership of Governor Josh Shapiro. But our criticism is of the people who lead the department and the woke, leftist policies they’ve injected into the organization. Our criticism does not extend to the hardworking men and women who are the rank.
OilPrice
MARCH 27, 2025
The $5-billion East African Crude Oil Pipeline (EACOP), which is planned to export crude oil from Uganda via a port in Tanzania, has secured the first tranche of external financing for the project. EACOP Ltd., the company in charge of the construction and future operation of the project, said that it had closed the first tranche of external financing.
American Gas Association
MARCH 27, 2025
News True Blue Blog Where energy conversations come to life. Hear lessons from top leaders in natural gas utilities on Learning from Leaders. This episode, Philadelphia Gas Works President and CEO Seth Shapiro shares how PGW delivers for their community, with both providing essential energy to critical operations like hospitals and schools, and in employee actions that go the extra mile to make sure customers know that the utility is here whenever they’re needed.
OilPrice
MARCH 27, 2025
Oversupply is set to extend an already sizable decline in coal prices in China, which could boost demand, based on a Bloomberg report that noted ample inventories were weighing on prices. Citing data from the China Coal Transportation and Distribution Association, Bloomberg reported that coal stocks were near record highs and prices would be subjected to further pressure.
Cisco: Oil & Gas
MARCH 27, 2025
As AI transforms the tech landscape, network engineers should embrace AI as a resource, rather than their replacement.
OilPrice
MARCH 27, 2025
US and Russian statements laying out a framework for limiting military actions in the Black Sea were widely welcomed as a step to wider cease-fire in the Kremlins war on Ukraine: Both Moscow and Washington would continue working toward a durable and lasting peace, the Kremlin and the White House said.But the Kremlin statement also had specific language absent from the White Houses.
Marcellus Drilling News
MARCH 27, 2025
As we so often say, the left’s creativeness in their quest to destroy fossil energy (the thing that makes civilization possible) never ceases to amaze us. The left thought it could bully investors into divesting from fossil energy companies using ESG (environment, social, and governance) policies. That flamed out. They tried to force Big Banks.
OilPrice
MARCH 27, 2025
Russia is upset that commercial banks in Kazakhstan are exhibiting excessive caution in settling payments and extending loans involving companies doing business with Moscow. A report published by the Russian media outlet RTVI claimed that entities in Kazakhstan that do business with Russia are the victims of over-compliance, which hinders legitimate cross-border commerce.
Enverus
MARCH 27, 2025
Fully integrated power market forecasts including electricity price forecasts to inform and aid in making smarter investment decisions Introduction to Long-Term Electricity Price Forecasts Our long-term power forecast is a projection of power prices 20 years into the future. This forward view of power markets helps market stakeholders evaluate investment risks and opportunities.
OilPrice
MARCH 27, 2025
The United States Department of Justice has filed a civil lawsuit at a district court in D.C. for the forfeiture of $47 million in proceeds from the sale of some 1 million barrels of Iranian oil that went to Irans Islamic Revolutionary Guard Corps and the Qods Force. The U.S. seized the oil last year and sold it, making $47 million from that sale. Both the IRGC and the Quds Force were designated terrorist groups by the United States.
Oil & Gas 360º
MARCH 27, 2025
(Investing) –NEW YORK – Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. shale oil and gas producer at as much as $3 billion, including debt, people familiar with the matter said. The move aims to capitalize on the fact that the VTX oil and gas business is one of the few remaining privately-owned operators of scale in the Permian basin after the last two years run of dealmaking in the top U.S. oilfield result
OilPrice
MARCH 27, 2025
Chinese state-owned oil and gas giant CNOOC reported on Thursday an 11.4% rise in net profit for 2024, as record oil and gas production offset weaker energy commodity prices. CNOOC, which specializes in offshore oil and gas developments in China and internationally, booked a net profit of $19 billion (137.9 billion Chinese yuan) for 2024, up by 11.4% from a year earlier, as production hit another record high last year.
Oil & Gas 360º
MARCH 27, 2025
(Oil Price) –The United States Department of Justice has filed a civil lawsuit at a district court in D.C. for the forfeiture of $47 million in proceeds from the sale of some 1 million barrels of Iranian oil that went to Irans Islamic Revolutionary Guard Corps and the Qods Force. The U.S. seized the oil last year and sold it, making $47 million from that sale.
OilPrice
MARCH 27, 2025
Oil prices are looking to finish the week in the green, with the pessimism that dominated the markets in the early part of the year beginning to dissipate. Brent crude for May delivery was trading at $73.67 per barrel at 11.50 am ET in Thursdays session, flat on the day but nearly $2 higher from a week ago while the corresponding WTI contract was unchanged on the day but similarly gained $2 from a week ago to trade at $69.67 per barrel.
Marcellus Drilling News
MARCH 27, 2025
OTHER U.S. REGIONS: Legislation to define natural gas, propane as ‘clean energy’ heads to Indiana governor; Federal law bars Alaska from shipping its own natural gas within the state; NATIONAL: DOE withdraws, postpones multiple appliance energy efficiency rules; WTI nears $70 as supplies tighten; How AI data centers are reshaping Americas electric grid; Earth has.
OilPrice
MARCH 27, 2025
Russias central bank issued a warning to the government that oil prices could enter a prolonged slump on the back of higher U.S. and non-OPEC production this year. The warning came earlier this year and was quite likely linked to the multiple forecasts anticipating just such a development. These forecasts, however, are unlikely to prove true, as signaled by the U.S. oil industry itself.
Oil & Gas 360º
MARCH 27, 2025
Natural Gas Inventories as of March 21, 2025 The EIA has released its natural gas inventory report, showing a net increase of 37 Bcf as of March 21, 2025. Working gas in storage was 1,744 Bcf as of Friday, March 21, 2025, according to EIA estimates. This represents a net increase of 37 Bcf from the previous week. Stocks were 557 Bcf less than last year at this time and 122 Bcf below the five-year average of 1,866 Bcf.
OilPrice
MARCH 27, 2025
The EU Commission is currently focusing on 47 critical raw materials projects, with a target value of $22.5 billion. However, the pressing question remains: Is this initiative timely and comprehensive enough to address the current challenges? Amid growing geopolitical instability and a transitioning energy landscape, the European Union is under significant pressure.
Oil & Gas 360º
MARCH 27, 2025
(Investing) –The United States reached separate deals on Tuesday with Ukraine and Russia to halt attacks at sea and against energy targets, with Washington agreeing to push to lift some sanctions against Moscow. The potential easing of U.S. and EU sanctions in the event of a peace deal between Russia and Ukraine has raised the question over what happens to disputed assets that were impacted by international sanctions – both Russian assets in Europe and assets owned by international c
OilPrice
MARCH 27, 2025
Just as Nigeria had started to increase its oil and gas production under President Bola Tinubu, a series of blasts and fires at major pipelines are threatening to unravel the progress Africas top crude producer has made. A political feud and crisis reminded the oil market that pipeline sabotage and politically-motivated vandalism in Nigerias oil-rich states is always lurking around the corner.
Enverus
MARCH 27, 2025
Enverus Intelligence Research (EIR) and many others have published at length on the coming wave of load growth that starkly contrasts more than a decade of stagnation. What is discussed less is how challenging system upgrades and expansions have become in recent years ( Figure 1 ). To identify two markets that stand out, we expect transmission systems will need to grow 14% and 10% in ERCOT and WECC respectively, representing hundreds of miles of system expansions each year over the next five ye
OilPrice
MARCH 27, 2025
The ramp-up of Sustainable Aviation Fuel (SAF) has been slower than expected due to high costs and economic uncertainty, putting global clean jet fuel supply off course to reach the 2030 targets, according to a report by Boston Consulting Group (BCG). Airlines and airports globally invest just 1-3% of their revenues or capex on SAF, per the report cited by Reuters.
BOE Report
MARCH 27, 2025
U.S. oil producers are grappling with geological limits to production growth as the country’s top oilfield ages and produces more water and gas and less oil – and may be nearing peak output. The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S.
OilPrice
MARCH 27, 2025
The energy transition is irreversible and will continue despite the United States pullout from the Paris Agreement because everyone else remains committed to it, Chinas special envoy for climate change said at an event as quoted by Bloomberg this week. The global energy transition is irreversible, Liu Zhenmin said during a panel discussion at the Boao Forum.
BOE Report
MARCH 27, 2025
China’s Rongsheng Petrochemical, a major independent refiner, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy, trade sources said.
Rigzone
MARCH 27, 2025
'Everyone needs to start planning and preparing for hurricane season', AccuWeather Chief Meteorologist Jonathan Porter said.
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