Sat.Mar 29, 2025 - Fri.Apr 04, 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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DoE Hands the Keys to Strategic Crude Oil Stockpile to New Firm

OilPrice

The Department of Energy has awarded a new $1.4 billion contract to Strategic Storage Partners, LLChardly a household nameto manage the Strategic Petroleum Reserve (SPR)Americas emergency stash of crude oil. The new contract covers a five-year term with the option to extend for another five. After a transition period, Strategic Storage Partners will take over from the current SPR management firm, Fluor Federal Petroleum Operations (FFPO) on June 15, 2025.

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EU’s Clean Industrial Deal: what next for Europe’s energy transition?

Energy Transition

The European Commission has unveiled its new strategy to make EU industries more competitive with cheap energy. Does this mean the bloc will go full speed ahead in terms of building more wind farms and solar power plants? Jörg Mühlenhoff looks into what the details of the Clean Industrial Deal mean for Europe’s energy transition. Credits: Miha Creative | Shutterstock, All rights reserved.

Energy 144
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Demand-side flexibility: A key to cheap clean power

Energy Voice

Demand-side flexibility, which is the ability to shift or shed electricity consumption during peak times, is an underestimated but critical part of expanding clean power systems. The post Demand-side flexibility: A key to cheap clean power appeared first on Energy Voice.

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TVA’s Clinch River Nuclear Power Project: Where Things Stand Today

POWER Magazine

The Tennessee Valley Authority (TVA) has for many years been evaluating emerging nuclear technologies, including small modular reactors, as part of technology innovation efforts aimed at developing the energy system […] The post TVAs Clinch River Nuclear Power Project: Where Things Stand Today appeared first on POWER Magazine.

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U.S. Natural Gas Prices Drop 6% as WTI Oil Craters by Nearly 9%

OilPrice

U.S. natural gas prices fell by 6% on Friday morning amid the overall panic market selling, but the benchmark Henry Hub price was declining less than the WTI Crude prices, which sank by more than 8% to hit a low of $61 per barrel. The benchmark price for U.S. natural gas delivered at Henry Hub was plunging by 6.26% to $3.877 per million British thermal units (MMBtu) as of 10:35 a.m.

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Largest Gas-Fired Power Plant in the U.S. Coming in Western Pa.

Marcellus Drilling News

This is VERY exciting news. The former Homer City Generating Station, previously the largest coal-fired power plant in Pennsylvania (Indiana County, 50 miles east of Pittsburgh), will be transformed into a more than 3,200-acre natural gas-powered data center campus, designed to meet the growing demand for artificial intelligence (AI) and high-performance computing (HPC).

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Finland Ending Use of Coal as Last Utility-Scale Plant Shuts Down

POWER Magazine

The last operating large coal-fired power plant in Finland has shut down, with the facility’s operator saying it now will use electricity, waste heat, and heat pumpsalong with burning biomassto […] The post Finland Ending Use of Coal as Last Utility-Scale Plant Shuts Down 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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Williams Subsidiary Unveils Plans for Gas-Fired Power Plant in Ohio

Marcellus Drilling News

Last week, MDN told you about three (so far) proposed Utica/Marcellus gas-fired power plants proposed for the New Albany International Business Park in Licking County, Ohio (see Multiple Utica-Fired Power Plants Planned for New Albany, Ohio). In that post, we mentioned proposals are coming for two projects that are somehow connected to Williams—the Socrates North.

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Cisco Meraki Add-on for Splunk, New and Improved!

Cisco: Oil & Gas

Introducing version 3 of the Cisco Meraki Add-on for Splunk. A Splunk technical add-on (TA) is a modular component that normalizes, validates, and enriches specific data sources before indexing in Splunk to enable proper searching, reporting, and analysis without changing the underlying raw data.

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AI-Driven Predictive Maintenance: The Future of Reliability in Power Plants

POWER Magazine

Artificial intelligence (AI) is transforming the energy sector, helping power plant operators optimize efficiency, reduce emissions, and prevent costly equipment failures. By analyzing vast amounts of real-time data, AI models […] The post AI-Driven Predictive Maintenance: The Future of Reliability in Power Plants appeared first on POWER Magazine.

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OPEC+ to Raise Oil Production by More Than Expected in May

OilPrice

OPEC+ is going full throttle with reversing the production cuts with output set to rise by more than expected in May, in view of the continuing healthy market fundamentals and the positive market outlook. The OPEC+ countries that have been cutting their oil production for more than a year decided on Thursday to continue easing the reductions by adding 411,000 barrels per day (bpd) to their combined supply from May.

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6th Circuit Upholds OH Landowner Claims Against Antero re Deductions

Marcellus Drilling News

An important decision was recently issued in a federal court case (in Ohio) that potentially affects landowners and drillers with shale leases throughout the Marcellus/Utica. At least, we believe it has broader implications. The case, The Grissoms, LLC v. Antero Resources Corporation, was decided by the United States Court of Appeals for the Sixth Circuit.

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Brent above $75. Why?

Energy Outlook Advisors

Short video explaining the reasons for the rise in oil prices Energy Outlook Advisors' Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Oil 211
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South Africa Grants Emissions Exemptions to Coal-Fired Plants in Effort to Avoid Blackouts

POWER Magazine

South African officials will allow some of the country’s coal-fired power plants to operate without the need to adhere to regulations on carbon and other emissions. The move comes as […] The post South Africa Grants Emissions Exemptions to Coal-Fired Plants in Effort to Avoid Blackouts appeared first on POWER Magazine.

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Peak Permian? Geology and Water Say We’re Close

OilPrice

After more than a decade of relentless drilling in the top U.S. oil-producing basin, the Permian, some areas have hit geological limits while others, yet to be drilled, are not expected to be as prolific as the prime Tier 1 acreage that producers have started to exhaust. Top executives at major shale firms have already expressed opinions that Permian oil production could hit its peak as early as the end of this decade.

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Driller Wins Briggs v SWN Rule of Capture/Trespass Resurrected Case

Marcellus Drilling News

In January 2020, the Pennsylvania Supreme Court ruled in THE most consequential lawsuit for Marcellus Shale drilling weve seen, a case called Briggs v Southwestern Energy (see HUGE NEWS: PA Supreme Court Keeps Rule of Capture for Fracking). The PA Supreme Court ruled in favor of Southwestern, retaining the rule of capture in the Keystone.

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North Sea production hub rankings: A chance for BP to climb the table

Energy Voice

Of all the production hubs in the North Sea, the top four producers have remained unchanged since 2023; however, with the right policy, BP might climb the rankings. The post North Sea production hub rankings: A chance for BP to climb the table appeared first on Energy Voice.

Energy 173
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Addressing Data Center Growth Constraints Key to U.S. Innovation, Leadership in AI

POWER Magazine

As the artificial intelligence (AI) boom drives exponential demand for data centers, the United States position as an AI leader is at risk without immediate action to address growth constraints. The post Addressing Data Center Growth Constraints Key to U.S. Innovation, Leadership in AI appeared first on POWER Magazine.

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BP, Shell, and Exxon Signal One Thing: Oil Isn’t Going Anywhere

OilPrice

Ever since BP admitted that its attempt to go green had ended in a disaster, the flow of news from the energy industry has been in one single direction: back to oil and gas, which make money. Indeed, Big Oil has finally accepted it will not transform into Big Green Power and has gone back to what it does best: hydrocarbons. In late February, when it made its very unsurprising admission, BP said it would boost spending on oil and gas production by 25% annually while slashing investments in transi

Oil 356
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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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Oil Market Update: The V8 of OPEC+ Triple Production Increment in May

Energy Outlook Advisors

Energy Outlook Advisors' Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Oil 161
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India Continues to Expand Renewable Energy Resources

POWER Magazine

India Prime Minister Narendra Modi recently reiterated his pledge to more than double his country’s current renewable energy capacity, telling delegates to the India Energy Week 2025 conference in New Delhi The post India Continues to Expand Renewable Energy Resources appeared first on POWER Magazine.

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U.S. Oil Output Drops to Lowest Level in 15 Months

OilPrice

January U.S. crude oil production was down 305,000 barrels per day, hitting 13.15 million bpd, a level it hasnt dipped down to in over a year, according to data released by the U.S. Energy Information Administration (EIA) on Monday, also revising its December estimate downward by around 40,000 barrels, to 13.45 million bpd. The top producer, Texas, saw a decline of 105,000 bpd, sitting at 5.58 billion bpd and its largest decline in 15 months, while the countrys number two producer, New Mexico, s

Oil 353
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New LNG Export Startups Affect EIA NatGas Forecasting Models

Marcellus Drilling News

According to the U.S. Energy Information Administration (EIA), U.S. exports of liquefied natural gas (LNG) represent the largest source of natural gas demand growth this year. LNG gross exports are expected to increase by 19% to 14.2 billion cubic feet per day (Bcf/d) in 2025 and by 15% to 16.4 Bcf/d in 2026. The start-up.

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Oil price, Serica. And finally…

Malcolm Graham Wood

Oil crashed along with most markets both yesterday and today, crude has lost over 10 dollars. Today in the Serica/EnQuest situation a delay was announced and the new deadline is 2nd May. The post Oil price, Serica. And finally… appeared first on Malcy's Blog.

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Gas Power’s Boom Sparks a Turbine Supply Crunch

POWER Magazine

Gas power is experiencing a stunning resurgence, driven by soaring electricity demand. But as utilities scramble to secure new capacity, a turbine supply crunch is unfolding, forcing urgent procurement The post Gas Power’s Boom Sparks a Turbine Supply Crunch appeared first on POWER Magazine.

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Resource Limits Push World Economy Towards Shrinkage

OilPrice

I have said in recent posts thatthe world economy is hitting resource limits of many kinds.These limits include oil, coal, and other sources of energy, including uranium, used as a fuel for nuclear power generation. Because of these limits, the world economy is being forced to shrink back.In my opinion, the direction it is headed in is toward smaller, mostly less-advanced, more independent, economies.

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SRBC Approved 50 (!) Shale Gas Well Pad Water Use Permits in Feb.

Marcellus Drilling News

The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals and consumptive use for responsible and safe shale drilling. The SRBC published a notice in the March 29 Pennsylvania Bulletin that.

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Flash blog: Diversified, NTOG.

Malcolm Graham Wood

After the Liberation Day announcement oil lost around two dollars. Today DEC publish their Sustainability Report, always best-in-class and NTOG announce another well in the Fouke area. The post Flash blog: Diversified, NTOG. appeared first on Malcy's Blog.

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SEC Ends Defense of Climate Disclosure Rules, Citing Cost and Intrusiveness

POWER Magazine

The U.S. Securities and Exchange Commission (SEC) announced on March 27 that it will no longer defend its controversial rules requiring companies to disclose climate-related risks, greenhouse gas (GHG) emissions, […] The post SEC Ends Defense of Climate Disclosure Rules, Citing Cost and Intrusiveness appeared first on POWER Magazine.

Gas 130
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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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WhiteHawk Energy Doubles Ownership Interest in 475K Marcellus Acres

Marcellus Drilling News

WhiteHawk Energy, headquartered in Philadelphia and owning mineral and royalty interests for over 1 million gross unit acres with over 3,400 producing horizontal shale wells between the Marcellus and the Haynesville, announced yesterday that it has doubled its ownership in Marcellus assets in Washington and Greene counties in southwest Pennsylvania.

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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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The POWER Interview: Proper Planning Key to Support Electrification

POWER Magazine

Several members of the energy community recently provided POWER magazine with their insights on electrification, looking at the challenges for continuing adoption of technologies driving the transition. The post The POWER Interview: Proper Planning Key to Support Electrification appeared first on POWER Magazine.

Energy 130
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Russian Oil and Gas Revenues Slumped by 17% in March

OilPrice

Russian revenues from oil and gas plunged by 17% in March from a year earlier, according to data from Russias finance ministry. Oil and gas revenues for the Kremlin fell to $13.1 billion (1.1 trillion Russian rubles) last month, while revenues for the first quarter dipped by nearly 10% on the year to $31.4 billion (2.64 trillion rubles), the official Russian data showed.

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