POWER Magazine
APRIL 24, 2025
Duke Energy has signed a sweeping partnership with GE Vernova for the supply of advanced gas turbines and associated equipmentpotentially securing up to 11 of GE Vernovas flagship 7HA units […] The post Duke Energy, GE Vernova Strike Major Gas Turbine Deal to Support Explosive Demand Growth appeared first on POWER Magazine.
OilPrice
APRIL 23, 2025
The heightened oil market and macroeconomic uncertainties in recent weeks are baffling not only analysts. Halliburton, the oilfield services giant with the highest exposure to the U.S. fracking market, has just warned investors that its U.S. customers are re-evaluating drilling activity plans for 2025. Looking forward, many of our customers are in the midst of evaluating their activity scenarios and plans for 2025, Halliburtons chairman, president, and CEO, Jeff Miller, said on the first-quarter
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Marcellus Drilling News
APRIL 23, 2025
The research continues to roll in that deeply blue Democrat states that insist on forcing their citizens to convert to so-called green energy are driving them out of those states. Last week, we brought you an analysis of counties along the Pennsylvania/New York border, on either side (see New Study Compares Frackings Economic Impact on.
Oil & Gas 360º
APRIL 22, 2025
( Oil & Gas 360) – The Petrochemical and Refining Congress: Europe 2025 unites industry leaders in Milan on 19-20 May to address technological advancements: circular economy principles, low-carbon hydrogen ecosystem, energy transition and innovations in sustainable fuels. Supported by Regional Partners Technip Energies, Sonatrach Raffineria Italiana S.r.l., Wood and Saras S.p.A., the event facilitates strategic discussions on reshaping the downstream sectors future.
POWER Magazine
APRIL 20, 2025
Hidrogenii, a joint venture between Plug Power and Olin Corp., said it has commissioned a 15 metric-ton-per-day (TPD) hydrogen liquefaction plant in St. Gabriel, Louisiana. Plug Power on April 17 said the facility is among the largest electrolytic hydrogen liquefaction plants in North America. The post Plug Power Group Commissions Hydrogen Liquefaction Plant in Louisiana appeared first on POWER Magazine.
OilPrice
APRIL 21, 2025
Chinese scientists have achieved a significant milestone in clean energy tech after successfully adding fresh fuel to an operational thorium molten salt reactor, Chinese state media has reported. According to Guangming Daily, the 2-megawatt experimental reactor is located in the Gobi Desert, and the latest milestone puts China at the forefront in the race to build a practical thorium reactorlong considered a more abundant and safer alternative to uranium.
Marcellus Drilling News
APRIL 24, 2025
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 April 19 Pennsylvania Bulletin that.
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POWER Magazine
APRIL 20, 2025
A groundbreaking Joint Development Agreement (JDA) has been signed to establish the worlds first liquid hydrogen import corridor, connecting the Sultanate of Oman, the Netherlands, and Germany. This corridor will link the port of Duqm in Oman, the port of Amsterdam in the Netherlands, and key logistics hubs in Germany. The post Agreement Reached for Major Liquid Hydrogen Import Corridor appeared first on POWER Magazine.
OilPrice
APRIL 23, 2025
Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national interests rather than group quotas, raising questions about future compliance and cohesion within the cartel. Kazakh Energy Minister Erlan Akkenzhenov told Reuters on Wednesday that the Central Asian producer, which pumps around 2% of the worlds oil, cannot reduce output at key projects led by foreign majors such as Chevron and ExxonMobil.
Marcellus Drilling News
APRIL 23, 2025
The rumor mill was right. In February, MDN brought you the juicy rumor that Olympus Energy, founded in 2012 as Huntley & Huntley Energy Exploration (a company that drills exclusively in the Pittsburgh suburbs), was being shopped for sale by its main financial backer (see Blackstone Looks to Sell M-U Driller Olympus Energy for $2.
Enverus
APRIL 23, 2025
Calgary, Alberta (April 23, 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 its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. The M&A summary follows Enverus release of Investor Analytics , a new cutting-edge solution designed to offer investors a comprehensive view of key market dynamics.
POWER Magazine
APRIL 23, 2025
As the global energy landscape undergoes unprecedented transformation, Hitachi Energy stands at the forefront of technologies driving the transition toward a more sustainable and flexible power system. In this exclusive […] The post The POWER Interview: Hitachi Energys Massimo Danieli on Grid Transformation and the Path to Electrification appeared first on POWER Magazine.
OilPrice
APRIL 19, 2025
The U.K. is already a world leader in wind energy, having rapidly expanded both its onshore and offshore wind capacity over the last decade. Now, under the new Labour government, the U.K. hopes to expand its wind power sector even further through the massive expansion of the Rampion offshore wind farm. This is expected to help the government progress towards achieving its net-zero carbon ambitions.
Marcellus Drilling News
APRIL 23, 2025
One week ago, MDN told you that an on-again, off-again plan to build a massive natural gas-fired power plant (that would use Marcellus gas) in Pittsylvania County, Va., had been pulled by the builder (see Plan for Va. Data Center with 3,500 MW Gas-Fired Plant Canceled). There is more to the story. Even after the.
Malcolm Graham Wood
APRIL 25, 2025
Oil is even today as Opec+ considers Russia and Kazakhstan. Today I have an interview with Katharine Roe, CEO of Pharos Energy and PetroTal add an NED. The post Oil price, Pharos, PetroTal. And finally… appeared first on Malcy's Blog.
POWER Magazine
APRIL 24, 2025
A massive surge in energy demand is about to reshape the U.S. power landscape, presenting an opportunity for forward-thinking utilities. The nation's energy demands are poised to explode, as everything from the enormous data centers powering the artificial intelligence (AI) boom to broad electrification efforts increase the need for electricity. The post Next-Generation Panels Recharge Utility Solar Economics appeared first on POWER Magazine.
OilPrice
APRIL 21, 2025
China slashed its imports of many U.S. energy and agricultural commodities in March amid intensifying trade and tariff tensions with the United States, which are set to further reduce Chinese purchases of American goods this month and in the coming months. Chinas LNG imports from the United States crashed to zero in March as China slapped tariffs on American LNG and other energy products, making these uneconomical for Chinese buyers.
Marcellus Drilling News
APRIL 24, 2025
Yesterday, MDN brought you the big news that EQT is buying out and merging in Olympus Energy (see EQT Buying Olympus Energy for $1.8 Billion; 90K Acres, 0.5 Bcf/d). EQT CEO Toby Rice spoke about that purchase during a quarterly conference call with analysts yesterday. Today, we bring you the rest of the news from.
Malcolm Graham Wood
APRIL 24, 2025
Oil eased yesterday as Opec+ said that production could be increased in June.Today afentra has supplied excellent results, as ever and Jadestone is tightening the belt. The post Flash blog: Afentra, Jadestone. appeared first on Malcy's Blog.
POWER Magazine
APRIL 21, 2025
A new report from GlobalData, a data and analytics group, projects global nuclear power capacity will hit 494 GW by 2035. The group said capacity gains will be tied to advancements in deployments of small modular reactors (SMRs), along with the continuing worldwide shift to cleaner forms of energy. The post Group Projects 100-GW Rise in Global Nuclear Power Capacity Across Next Decade appeared first on POWER Magazine.
OilPrice
APRIL 25, 2025
Germany's RWE just pulled the plug on its U.S. offshore wind business. Quietly. No fireworks, no headlines about thousands of turbines scrappedjust a dry admission that it's "halting activities" in American waters. For one of Europes biggest green energy giants to walk away from a market as large as the U.S., in the middle of an energy transition no less, is not just a business decision.
Marcellus Drilling News
APRIL 21, 2025
The Baker Hughes U.S. national rig count recovered somewhat last week, adding two rigs after losing seven rigs two weeks ago. The U.S. count now stands at 585 active rigs. There was big news for the Marcellus/Utica. The combined M-U rig count was 38 last week. That is the highest M-U combined count in almost.
Enverus
APRIL 23, 2025
Where are data centers getting built? Who owns land locked up and where? These are common questions we are getting from clients. Case in point: Williams’ recent development in New Albany, Ohio, grabbed headlines, potentially powering a massive behind-the-meter gas-fired power project, operating without CCUS, under a 10-year power purchase agreement.
POWER Magazine
APRIL 24, 2025
The power industry supply chain is facing unprecedented strain as utilities race to upgrade aging infrastructure against a backdrop of lengthening lead times and increasing project complexity. As one Midwestern […] The post Optimizing Supply Chain Processes to Ensure a Reliable Electric Power System appeared first on POWER Magazine.
OilPrice
APRIL 24, 2025
Russia is expected to see its oil and gas revenues for April slump by 22% from a year ago, amid lower oil prices and a stronger local currency, according to Reuters calculations. Russias revenues from hydrocarbons are set to be about $11.6 billion (960 billion Russian rubles) in April, also due to lower profit-based taxes compared to the previous month, per the estimates by Reuters published on Thursday.
Marcellus Drilling News
APRIL 21, 2025
U.S. marketed natural gas production remained “relatively flat in 2024,” according to the U.S. Energy Information Administration (EIA). Gas production last year grew “by less than 0.4 billion cubic feet per day (Bcf/d) compared with 2023 to average 113 Bcf/d,” according to EIA’s latest Natural Gas Monthly report. Translated another way, production grew around 400.
American Gas Association
APRIL 23, 2025
News True Blue Blog Where energy conversations come to life. Bring Your Child to Work Day is a time-honored tradition each April where kids get to learn about what their parents actually do when they disappear from 9 to 5 each day. For natural gas utilities, the children of many employees might be surprised by what they find when they go to the office with their parents this April.
POWER Magazine
APRIL 25, 2025
The U.S. power sector stands at a juncture, facing a confluence of factors that are poised to trigger an era of unprecedented growth and necessitate a large influx of capital. Driven by the increasing demand from data centers, the reshoring of manufacturing, and electrification across transportation, heating, and industry, the demand for electricity is rising at a pace unseen in recent decades.
OilPrice
APRIL 21, 2025
The U.S. move to penalize China-built and China-owned vessels calling at U.S. ports could lead to an oil supertanker made in China and operated by a Chinese company facing a fee of up to $5.2 million per call at a U.S. port, shipbrokers have estimated. The U.S. last week announced fees on vessel owners and operators of China based on net tonnage per U.S. voyage.
Marcellus Drilling News
APRIL 25, 2025
Last week was another strong week for new permits issued to drill new shale wells in the Marcellus/Utica. For the week of April 14 – 20, the number of permits was down three from the previous week, but still very strong. Last week, 33 new permits were issued in the M-U. In the Keystone State.
Malcolm Graham Wood
APRIL 23, 2025
Oil continues to rise on geopolitical grounds right now. And today Pharos announce that their COO is moving on. The post Oil price, Pharos Energy. And finally… appeared first on Malcy's Blog.
POWER Magazine
APRIL 24, 2025
Want to learn more about geothermal energy? POWER has published a series of articles related to geothermal power, ranging from the importance of geothermal as a power generation resource, to technologies supporting the development of geothermal. The post Geothermal Energy Growing as Renewable Energy Resource appeared first on POWER Magazine.
OilPrice
APRIL 24, 2025
In the space of ten days, U.S. Energy Secretary Chris Wright has gone from full-throttle shale hype-man to waving the red flag on oil prices. Todays bombshell? $50 oil is not sustainable for producers, Wright said, according to Bloombergs Stephen Stapczynski. US ENERGY SEC.
Marcellus Drilling News
APRIL 23, 2025
In January, MDN reported that the PJM Interconnection electrical grid operator, covering Pennsylvania (along with all or parts of 12 other states and the District of Columbia), had caved to the political demands of PA Gov. Josh Shapiro to artificially cap the prices of the next capacity auction scheduled for July 2025 (see PJM Grid.
American Gas Association
APRIL 22, 2025
News True Blue Blog Where energy conversations come to life. Each year, Earth Day inspires people across the country and around the globe to celebrate the incredible planet we call home and consider ways we can help improve its future. The natural gas industry plays a critical role in advancing a more efficient energy future, which is not only better for consumers but also better for the planet.
POWER Magazine
APRIL 24, 2025
Catalyze, a Houston, Texas-headquartered fully integrated developer and independent power producer of distributed renewable energy assets, announced it has acquired 48 MW of community solar projects in New York from hep solar, a globally operating German solar development and investment group. The post Catalyze Announces Community Solar Acquisition in New York appeared first on POWER Magazine.
OilPrice
APRIL 22, 2025
A while ago, in a article about investment opportunities, we concluded that water was the new oil, the commodity that would provide one of the the best returns in the future. A bit hyperbolic, maybe? But there is another aspect of water relevant to resource industries, namely that its scarcity will inhibit or raise costs of resource development, including that of oil and gas.
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