POWER Magazine
MARCH 7, 2025
Dominion Energy has asked Virginia officials to approve its request to build a new 1-GW natural gas-fired power plant, as the company seeks to add more generation capacity to help serve surging demand from data centers. The post Dominion Seeks Virginia Approval for 1-GW Gas-Fired Power Plant appeared first on POWER Magazine.
OilPrice
MARCH 6, 2025
The European Unions new emissions trading system, expected to take effect in 2027, is set to hike prices for home heating and transportation, research firm BloombergNEF says in a new report. The new EU Emissions Trading System for buildings, road transport, and small industry, dubbed ETS2, is scheduled to become fully operational in 2027.
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Energy Voice
MARCH 5, 2025
In 1834 Jean Charles Peltier, a French watchmaker and part-time physicist, found that an electrical current would produce heating or cooling at the junction of two dissimilar metals. The post Heat pumps could be set for a revolution appeared first on Energy Voice.
Marcellus Drilling News
MARCH 7, 2025
Sorry to be so blunt: You can’t fix stupid. You can only call attention to it, which is what we’re doing with a group of “40 to 50” protesters who gathered yesterday at the Ohio Statehouse to protest drilling for oil and gas under state-owned land, including drilling under (not on) state parks. It was. The post Antis Rally at OH Statehouse to Protest Fossil Fuels They Were Wearing first appeared on Marcellus Drilling News.
POWER Magazine
MARCH 5, 2025
From the Midwest to the South, the U.S. has experienced dangerous cold snaps this winter that challenge grid operators to meet rising heating demands. These temperature extremes are driven in […] The post Leveraging VPPs to Prepare Utilities for Extreme Weather appeared first on POWER Magazine.
OilPrice
MARCH 7, 2025
While the slowdown in U.S. oil production continues, rallying natural gas prices are setting the stage for a rebound in Americas gas output this year, following months of output curtailments in 2024. Slowing natural gas production last year, fast-depleting inventories during the coldest winter in years, and record-high flows to LNG facilities and LNG exports have pushed the benchmark U.S. natural gas prices above the $4 per million British thermal units (MMBtu) level, up by 160% in one year.
Oil & Gas 360º
MARCH 6, 2025
(World Oil) –Ecuadors President Daniel Noboa has ordered a consortium seeking to take over the nations top oil asset to pay an entry fee of $1.5 billion by March 11, moving up the deadline by more than three weeks. Noboa has warned he will cancel the deal without the early payment. The motive is simple: If they dont respond with the urgency the Ecuadorian people deserves, we will analyze other options, Noboa said, citing security and social spending needs in a letter to the public he poste
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
POWER Magazine
MARCH 6, 2025
In a hearing that underscored the mounting challenges facing the American power sector, industry leaders warned Congress that the nations power infrastructure is approaching a precarious juncture as unprecedented demand […] The post Lawmakers Scrutinize Power Sector’s Future as Surging Demand Raises Alarms appeared first on POWER Magazine.
OilPrice
MARCH 7, 2025
Russia attacked energy and gas infrastructure in Ukraine early on Friday, the Ukrainian energy minister and national gas firm Naftogaz said. Naftogaz Groups gas production infrastructure has come under attack for the seventeenth time, causing damage to critical gas production sites, acting Naftogaz chairman of the board, Roman Chumak, said in a statement on Friday.
Oil & Gas 360º
MARCH 4, 2025
(Oil & Gas 360) – EnerCom Announces Initial List of Presenting Companies for the 30th Annual Energy Investment Conference to be Held August 1720, 2025 in Denver, Colorado EnerCom Denver The Energy Investment Conference will celebrate 30 years of bringing together the broader energy sector, including companies, investors, analysts, and industryleaders!
Marcellus Drilling News
MARCH 5, 2025
Kentucky has seen unprecedented economic growth in recent years, like other southern states. Data centers are looking to Kentucky for future expansion. Last fall, Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU), both part of PPL Corporation, forecasted in their Integrated Resource Plan (IRP) the need for additional power generation due to.
POWER Magazine
MARCH 6, 2025
U.S.-based energy tech company Baker Hughes is joining with Australia's Woodside Energy in an initiative to develop a lower-carbon power generation technology solution specifically designed for oil and gas, heavy industries, and other smaller-scale applications. The post Baker Hughes, Woodside Energy Developing Decarbonization Solution Utilizing NET Power Platform appeared first on POWER Magazine.
OilPrice
MARCH 6, 2025
The eight OPEC+ countries that pledged additional voluntary output reductions in 2023 have announced that they will proceed with their plan to gradually roll back the reductions. A statement posted on OPEC's website on Monday revealed that Saudi Arabia, Russia, the United Arab Emirates, Iraq, Kuwait, Kazakhstan, Oman and Algeria will start unwinding a 2.2 million barrel per day cut from April.
Energy Outlook Advisors
MARCH 3, 2025
In a surprising move, the eight OPEC+ countries that made voluntary cuts (The V8: Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman ) announced they will stick to their plans, end the voluntary cuts, and gradually increase production starting April 1. This move was planned since late December, but we and others expected them to extend the cuts as they did before on weak demand.
Marcellus Drilling News
MARCH 4, 2025
According to the Wall Street Journal, Shell is “exploring a potential sale of its chemicals assets in Europe and the U.S.,” according to “people familiar with the matter.” The review and potential sale are part of a continuing drive to refocus the companys business on its most profitable operations. One of the petchem assets that.
POWER Magazine
MARCH 6, 2025
A Netherlands-headquartered company focused on building infrastructure for the artificial intelligence (AI) sector said it plans to build a new data center in New Jersey. Nebius Group, based in Amsterdam, said the facility would be part of a phased development that would be expandable up to a total capacity of 300 MW. The post AI Infrastructure Group Will Build 300-MW Data Center in New Jersey appeared first on POWER Magazine.
OilPrice
MARCH 6, 2025
Natural gas prices recently soared to their highest levels in two years, driven by a combination of extreme weather, supply constraints, record liquefied natural gas (LNG) exports, and global demand pressures. This surge has significant implications for consumers, industries, and energy markets worldwide. Severe Weather is Driving Demand Higher Arctic conditions across North America and Europe have dramatically increased heating demand, leading to higher natural gas consumption.
Energy Voice
MARCH 3, 2025
UK offshore energy investors are consolidating their assets as the government remains vague on necessary investment criteria - but it could also mean the return of 'dirty word' Cambo. The post What does the future hold for UK’s Rosebank and Jackdaw? appeared first on Energy Voice.
Marcellus Drilling News
MARCH 6, 2025
There are deadbeats in every industry, including (unfortunately) the oil and gas industry. Some O&G producers in West Virginia are gaming the system by not paying landowners/rights owners the royalties they are due. Typically, this does not apply to shale drillers, mostly larger companies. However, with (some, very few) smaller conventional drillers, they just don’t.
POWER Magazine
MARCH 5, 2025
Next week, the worlds most influential energy conference, CERAWeek, will see more than 10,000 delegates assemble to hear from the industrys leaders about the future of energy. The conference has […] The post Tripling Nuclear Energy Capacity by 2050: Maximizing a High-Energy Future for Data Centres, Refineries, Manufacturing, and Beyond appeared first on POWER Magazine.
OilPrice
MARCH 6, 2025
European leaders are set to urge EU authorities and Ukraine to intensify talks over a possible resumption of Russian gas transit through Ukraine. Slovakias Prime Minister Robert Fico has revealed that hes not ruling out the resumption of gas through Ukraine following the expiration of a 5-year transit deal between Moscow and Kyiv. Fico has been pushing President Volodymyr Zelenskiy to restart the transit, citing higher energy costs for Slovakia and the whole region.
Enverus
MARCH 4, 2025
CALGARY, Alberta (Mar. 4, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released a report looking at how power plant retirements have shifted in the last three years. After confirming a trend of rising retirement extensions, this report evaluates and lists the timing of natural gas plant retirements likely to be delayed, based on plant efficiency and projected power demand
Marcellus Drilling News
MARCH 5, 2025
In something of a bombshell announcement, the CEO of Mon Power parent First Energy said the company plans to replace its West Virginia coal plants with natural gas plants. Mon Powers Harrison and Fort Martin coal-fired plants are scheduled to shut down between 2035 and 2040. The company will construct 3 to 4 gigawatts (GW). The post First Energy Plans to Replace 2 WV Coal Plants with NatGas-Fired first appeared on Marcellus Drilling News.
POWER Magazine
MARCH 3, 2025
Since 2013, when China launched its Belt and Road Initiative (BRI), interest in the measure has been sharply divided. Proponents in Beijing and across the Global South view the BRI as a transformational The post China’s Belt and Road Initiative Is Reshaping Global Power Infrastructure appeared first on POWER Magazine.
OilPrice
MARCH 6, 2025
French President Emmanuel Macron said it would be "madness" to ignore the threat Russia has become for Europe and said he is open to discussing the extension of France's nuclear deterrence to Paris's allies on the Continent. His comments on March 5 come on the eve of an emergency meeting of European Union leaders set in Brussels to discuss ramping up military budgets, a key demand of the US administration amid concerns over Washingtons commitment to NATO and European security matters.
Malcolm Graham Wood
MARCH 7, 2025
Oil has bounced today and is only $2 down on the week.Today DEC remind markets about dilution, not and JOG see Dana step back from the FPSO. A preliminary announcement says that EnQuest and Serica are in talks and Hunting has made an aquisition as promised. Finally Tower are beginning to get a move on and EOG is getting underway at Cloughton. The post Oil price, DEC, Serica, JOG, Hunting, Tower, EOG.
Marcellus Drilling News
MARCH 5, 2025
The number of rigs deployed to drill for natural gas in the United States decreased over the last two years, according to stats from the U.S. Energy Information Administration (EIA). U.S. natural gas-directed rigs decreased 32% (50 rigs) between December 2022 and December 2024. The decline was concentrated in the natural gas-rich Haynesville and Marcellus/Utica.
POWER Magazine
MARCH 6, 2025
Electric Hydrogen, a global manufacturer of high-power electrolyzer plants, on March 6 announced a strategic partnership with Titan, a Texas-based process equipment manufacturing group, for the fabrication and assembly of its 100-MW electrolyzer plant product. The post Electric Hydrogen, Titan Join to Manufacture Electrolyzer Plants appeared first on POWER Magazine.
OilPrice
MARCH 7, 2025
The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior. The total rig count fell by 1 rig, to 592, according to Baker Hughes, down 30 from this same time last year. The number of oil rigs stayed the samedown by 18 compared to this time last year.
Malcolm Graham Wood
MARCH 6, 2025
Oil stays under pressure today. Touchstone have published reserves more in line with company expectations and Hunting have produced a cracking set of figures with lots of upside. The post Oil price, Touchstone, Hunting. appeared first on Malcy's Blog.
Marcellus Drilling News
MARCH 6, 2025
Dominion Energy plans to build small peaker electric generating plants in Chesterfield County, VA, near Richmond (see Dominion Plans to Build 1,000-MW Gas Peaker Plant Near Richmond, VA). The Chesterfield Energy Reliability Center (CERC) calls for building four 250-megawatt gas-fired power plants (1,000 MW total) that can jump into action during the coldest and hottest.
POWER Magazine
MARCH 4, 2025
A Canada-based crypto mining company is acquiring two Pennsylvania coal-fired power plants as part of its purchase of a digital mining group. The post Canada Bitcoin Miner Acquiring Two Pennsylvania Coal Plants appeared first on POWER Magazine.
OilPrice
MARCH 6, 2025
Mexicos state oil firm Pemex is holding discussions with crude buyers in Asia and Europe to potentially sell there its oil, which is now being taxed with a 25% tariff by its single biggest customer, the United States, a senior government official in Mexico told Reuters. The trade wars in North America began in earnest earlier this week after the U.S.
Malcolm Graham Wood
MARCH 4, 2025
Oil under pressure due to Opec. Savannah is back from suspension with a raise and UJO gets better at Moccasin. NTOG raise and Predator are ready to drill. The post Oil price, Savannah, UJO, NTOG, Predator. And finally… appeared first on Malcy's Blog.
Marcellus Drilling News
MARCH 6, 2025
The European Unions idiotic methane regulations will be enforced beginning this year. Domestic (European) oil, gas, and coal companies must monitor, measure and report their emissions. The same restrictions would apply to energy imports from other countries, including the U.S. (see Europeans Presume to Impose Their Regulations on American Gas). The arrogant Europeans presume to.
POWER Magazine
MARCH 4, 2025
PPL subsidiaries Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) have proposed to upgrade environmental controls at a 1974-built coal unit, build two new gas-fired power plants […] The post LG&E, KU Propose $3.7B Power Buildout: 1.3 GW of New Gas Plants, $153M Coal Unit Upgrade appeared first on POWER Magazine.
OilPrice
MARCH 7, 2025
Saudi Arabia just dialed back its crude prices for Asia, according to Aramcos just-published rate sheet. The company has trimmed official selling prices (OSPs) for the first time in three months, with Aramcos April price sheet now showing Arab Light at $3.50 per barrel over Oman/Dubai, a 40-cent cut. Thats after last months price spike, driven by U.S. sanctions squeezing Russian supply.
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