POWER Magazine
MARCH 20, 2025
You may have heard of the Tennessee Valley Authority (TVA), our nations largest public utility and source of cheap, clean, and reliable electricity for 10 million people. You may even […] The post America’s Nuclear Renaissance: How the TVA Can Lead Our Energy Future appeared first on POWER Magazine.
OilPrice
MARCH 19, 2025
Exxon is planning to boost its oil production regardless of where international oil prices are heading. This comes from a senior company executive who spoke to Semafor this week. It also likely reflects the sentiment across the supermajor segment of the energy industry. After all, thats what the consolidation drive was all about. Exxon announced its plan to take over one of the biggest operators in the shale patch, Pioneer Natural Resources, in late 2023.
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Marcellus Drilling News
MARCH 17, 2025
The Baker Hughes U.S. national rig count did not gain or lose last week—staying even with 592 active rigs. As for the Marcellus/Utica, the rig count was a combined 35 last week. Rigs focused on the Marcellus were a combined 24 across the three M-U states of Pennsylvania, West Virginia, and Ohio. Rigs focused on. The post Natl Rig Count Even @ 592; Marcellus Even @ 24, Utica Even @ 11 first appeared on Marcellus Drilling News.
Malcolm Graham Wood
MARCH 20, 2025
Oil is up another dollar, inventories are mixed but actually rather low by historical standards.Today PetroTal has good figures and DEC announce another share buyback. Touchstone also reports good figures with the central deal about to complete. Figures from GKP and EOG are changing their year end but the outlook is optimistic. Finally Coro have signed a further addendum in Vietnam and Prospex are buying Warrego out of Tarba.
POWER Magazine
MARCH 19, 2025
A virtual power plant (VPP) is a network of decentralized, small- to medium-scale power generating units, flexible power consumers, and storage systems that are aggregated and operated as a single […] The post How Virtual Power Plants Enhance Grid Operations and Resilience appeared first on POWER Magazine.
OilPrice
MARCH 15, 2025
Five years after an Exxon-led consortium produced the first oil offshore Guyana, the country is pumping more than 600,000 barrels per day (bpd) of crude and has become South Americas fifth-largest oil exporter. Guyana and ExxonMobil expect oil production to jump to 1.3 million bpd by 2030, which would double the current output volumes. With higher production came a surge in Guyanas crude oil exports in recent years.
Marcellus Drilling News
MARCH 20, 2025
This is a sweet victory for our side. Last summer, MDN told you about a lawsuit being heard to hold Big Green groups (namely Greenpeace) responsible for their actions. Energy Transfer (ET), the owner and operator of the Dakota Access Pipeline (DAP), sued Greenpeace and other alleged instigators for $300 million for the damages sustained. The post Jury Makes Greenpeace Pay $660 Million to Energy Transfer re DAP first appeared on Marcellus Drilling News.
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POWER Magazine
MARCH 20, 2025
Advanced nuclear firm Oklo has signed an Interface Agreement (IAG) with Idaho National Laboratory (INL), marking a key regulatory milestone in the siting and environmental review of its first commercial […] The post Oklo Advances Siting, On Track for Aurora Nuclear Fast Reactor Deployment at INL in 2027 appeared first on POWER Magazine.
OilPrice
MARCH 20, 2025
Oil prices rallied on Wednesday after U.S. government data showed a draw in fuel inventories. Brent crude for May delivery gained 1.6% to trade at $71.98 per barrel at 12.30 pm ET while the comparable WTI contract climbed 1.8% to change hands at for U.S. government data showed that crude stocks rose by 1.7 million barrels last week to 437 million barrels, significantly higher than the Wall Street consensus of a 512,000-barrel build.
Marcellus Drilling News
MARCH 19, 2025
This is a big deal. Shipping giant Crowley, with over 170 vessels mostly in the Jones Act fleet and approximately 7,000 employees around the world (employs more U.S. mariners than any other company), announced it has launched a Jones Act-compliant LNG carrier, U.S.-built and crewed, that will carry LNG from Gulf Coast export facilities to. The post Crowley Launches 1st U.S.
Malcolm Graham Wood
MARCH 21, 2025
Oil is flat but up on the week at the moment. Today Petrofac announce continued court cases and a suspension on 1st May ahead of delayed final results. The post Oil price, Petrofac. And finally… appeared first on Malcy's Blog.
POWER Magazine
MARCH 19, 2025
The energy industry is undergoing a significant transformation, driven by advancements in digital technology and the ever-growing need for real-time data analytics. As energy companies look to modernize their operations, […] The post How Hybrid Cloud and Edge Computing are Transforming the Energy Sector appeared first on POWER Magazine.
OilPrice
MARCH 19, 2025
The chief executives of some of the largest Canadian energy companies called on Canadas main political parties to declare a Canadian energy crisis and key projects in the national interest, which would speed up reforms, planning, and construction of new oil and gas pipelines and LNG terminals. The open letter from 14 CEOs representing the four largest pipeline companies and 10 largest oil and natural gas companies was delivered to Canadas political party leaders on Wednesday.
Marcellus Drilling News
MARCH 21, 2025
Data centers and AI are in the news almost daily. The great issue of our time (which has developed over the past year or so) is that AI and data centers are huge customers for electricity. Every region of the country (particularly the Eastern Seaboard) struggles with how to meet the demand for more electricity. The post Build Data Centers Faster by Combining Small Nukes with Natural Gas first appeared on Marcellus Drilling News.
Malcolm Graham Wood
MARCH 19, 2025
Oil is up this morning against a mix of geopolitics and inventory data. Today DEC announce dividend info and Serica state that the Triton FPSO will remain shutdown for longer than expected following storm damage. And good news from Angus where they receive cash from a conversion and the booster compressor is being installed. The post Oil price, DEC, Serica, Angus. appeared first on Malcy's Blog.
POWER Magazine
MARCH 20, 2025
Energy experts have called for bold reformsfrom transmission planning to permitting streamlining and faster interconnection approvalsto prevent further volatility and ensure PJM Interconnection meets its reliability mandate without disproportionately burdening […] The post PJM Market Challenges Demand Bold Reforms, Experts Warn appeared first on POWER Magazine.
OilPrice
MARCH 20, 2025
Taiwans state-held oil and gas company CPC Corporation on Thursday signed a letter of intent to invest in the Alaska LNG export project and buy LNG from it, as part of a move to bolster its gas supply and energy security. The preliminary deal was signed between CPC and the state-run firm Alaska Gasline Development Corporation (AGDC) in the presence of Alaska Governor Mike Dunleavy, the Taiwanese Ministry of Economic Affairs said in a statement.
Marcellus Drilling News
MARCH 20, 2025
Earlier this week, MDN told you that the Ohio Chamber of Commerce was putting its considerable influence behind a pair of bills making their way through the state legislature: Senate Bill (SB) 2 and House Bill (HB) 15 (see Ohio Chamber Makes Case to Tap Trapped Utica Wells for Powergen). The Chamber is celebrating today. The post OH Senate Bill 2 Passes Unanimously to Spur More NatGas-Fired Power first appeared on Marcellus Drilling News.
Malcolm Graham Wood
MARCH 18, 2025
Oil remains firm, attacks in the Middle East overnight. Genel has results and a bond issue, all looks good, Chariot has funded the generation business and looks great with new backers. Seascape close their deal and Jadestone have filed an FDP in Vietnam. With Sintana looking for new partners alongside Pancontinental as Woodside leave and in Angola Afentra are in the race to up their stakes in 3/05 and 3/05A.
POWER Magazine
MARCH 20, 2025
Utilities seek to pursue critical advanced metering infrastructure (AMI) 2.0 outcomes, such as advanced analytics, demand response programs, outage management, distributed energy resource integration, and improved customer technology adoption by […] The post How Utilities Can Prepare for the AMI 2.0 Era appeared first on POWER Magazine.
OilPrice
MARCH 20, 2025
Europes oil and gas giants are increasingly scaling back their climate goals as they struggle to deliver on their ambitious clean energy pledges. Back in 2022, Norway's state-controlled energy giant Equinor ASA (NYSE:EQNR) laid out its roadmap to achieving net zero emissions. However, In February Equinor scrapped a pledge to devote more than 50% of its gross capital expenditure to renewables and low-carbon solutions by 2030.
Marcellus Drilling News
MARCH 17, 2025
An article appearing in the Virginia Center Square online publication does a masterful job of what we call “burying the lead” in the newspaper business. The headline of the article is “Dominion’s Chesterfield gas plant could cost ratepayers $4.5B.” Dominion Energy plans to build small peaker electric generating plants in Chesterfield County, VA, near Richmond.
Malcolm Graham Wood
MARCH 17, 2025
Oil is only just holding its ground but in these markets that is outperformance. Today DEC has results with a very confident outlook. Sound is seeing the new operator in Morocco giving some clout operationally which is good and Reabold has hired a new, top quality NED at Rathlin. And Predator didn't find what it wanted to in Morocco. The post Oil price, DEC, Reabold, Sound, Predator.
POWER Magazine
MARCH 18, 2025
GE Vernova said it has an agreement with global energy developer RWE to provide 109 of GE Vernova’s 2.8-MW wind turbines for two projects in Texas. The new Honey Mesquite […] The post GE Vernova Turbines Will Power Texas Wind Farms appeared first on POWER Magazine.
OilPrice
MARCH 16, 2025
The International Energy Agency just threw a bucket of ice water on oil bulls, reporting that crude supply is outpacing demand by 600,000 bpd and slashing its demand outlook for the year. And the IEA isnt alone. The worlds biggest oil traders are also sounding the alarm, turning bearish as overproduction ramps up both inside and outside OPEC. The industry is over-drilling now, that is clear, Gunvors chairman Torbjrn Trnqvist told Bloomberg in an interview on the sidelines of CERAWeek.
Marcellus Drilling News
MARCH 19, 2025
An explosive expose appearing on the Daily Caller website confirms rumors from last year that the Biden Department of Energy “intentionally buried” a final draft version of a study that would have undermined its January 2024 decision to pause approvals for liquefied natural gas (LNG) export projects. Last October, we brought you the rumor that.
BOE Report
MARCH 20, 2025
OTTAWA – Conservative Leader Pierre Poilievre made his second election campaign-style announcement in as many days Thursday, just as news broke that Prime Minister Mark Carney is widely expected to begin the race on Sunday. Poilievre was in Jonquire, Que.
CNBC: Energy
MARCH 20, 2025
Klarna is partnering with DoorDash to give users of the restaurant delivery service more ways to pay for their meals.
OilPrice
MARCH 21, 2025
U.S. firm KoBold Metals, whose backers include billionaires Bill Gates and Jeff Bezos, is seeking to develop a huge hard rock lithium deposit in the Democratic Republic of Congo as the African country, which also has large cobalt, gold, and cobalt resources, is seeking a minerals partnership with the United States. KoBold Metals has set sights on taking over a mining license for an area, the Manono project, which promises large lithium deposits.
Marcellus Drilling News
MARCH 19, 2025
Earlier this month, MDN reported that S&P Global had released Phase 2 of an LNG study that shows U.S. LNG capacity additions would *significantly* lower global GHG emissions compared to the alternatives (see S&P Study: U.S. LNG Would Significantly Lower World GHG Emissions). Phase 1 of the study (last December) found more U.S. LNG exports. The post Research Shows Cove Point LNG Lowered Global GHG Emissions 7 MMt/Yr first appeared on Marcellus Drilling News.
BOE Report
MARCH 19, 2025
Greenpeace must pay a Texas-based pipeline company nearly $667 million in damages for the environmental advocacy groups role in 2016-2017 protests against the Dakota Access Pipeline in North Dakota, a jury said Wednesday.
POWER Magazine
MARCH 21, 2025
The post Strengthen Your Cyber Shield: The Business Case for Integrated Cybersecurity in the Power Sector appeared first on POWER Magazine.
OilPrice
MARCH 17, 2025
Via Metal Miner It was an intervention that was the subject of rumors, and now its coming true. China, the worlds largest steelmaker and consumer, recently announced it would be restructuring its steel industry through cuts in crude steel output, a move many analysts and experts call China protecting its own turf.
Marcellus Drilling News
MARCH 20, 2025
Yesterday, Venture Global received approval from the U.S. Department of Energy (DOE) to export liquefied natural gas (LNG) to non-FTA countries for its third project, CP2 LNG, in Cameron Parish, Louisiana. Venture Global is working through a final investment decision (FID) to proceed with the project. The DOE approval is a key milestone for the. The post DOE Grants CP2 LNG (La.
BOE Report
MARCH 20, 2025
Montreal, March 20, 2025 The construction of pipelines between Eastern and Western Canada would have helped diversify Canadian export markets and should be considered anew in the context of the U.S. tariff threats, says the MEI in a Viewpoint published this morning. Canadas high level of dependence on U.S.
Oil & Gas 360º
MARCH 21, 2025
(US News) – U.S. natural gas futures edged up about 1% on Friday on record flows to liquefied natural gas (LNG) export plants. Front-month gas futures for April delivery on the New York Mercantile Exchange rose 5.3 cents, or 1.3%, to $4.028 per million British thermal units (mmBtu) at 9:16 a.m. EDT (1316 GMT). On Thursday, the contract closed at its lowest since February 28.
OilPrice
MARCH 19, 2025
As the number of depleted and abandoned oil wells in the West Texas Permian Basin continues to grow in the long shadow of the United States shale revolution, associated environmental and public health hazards are ballooning in tandem. From sinkholes to blowouts to persistent leaks, more than a century of oil drilling in the region has left a daunting array of environmental hazards, the Texas Tribune wrote in a collaborative report with InsideClimate News earlier this week.
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