Sat.Jun 21, 2025 - Fri.Jun 27, 2025

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China Smashes Solar Installation Record

OilPrice

China installed its highest solar power capacity for a single month in May, according to official data, which showed mind-boggling figures that the country installed more solar capacity in a month than any other nation did for the entire 2024. With 93 gigawatts (GW) of solar capacity installed in May, China smashed its own record of 71 GW in December 2024, per data from the National Energy Administration cited by Bloomberg.

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Groups Partnering to Develop AI Software to Speed Nuclear Reactor Construction

POWER Magazine

A software group that uses artificial intelligence (AI) to help automate processes said it was joining with a nuclear power deployment company on an AI-driven system to accelerate construction of nuclear reactors. Palantir Technologies on June 26 said it will work with The Nuclear Company, a nuclear power startup, to jointly create a nuclear operating […] The post Groups Partnering to Develop AI Software to Speed Nuclear Reactor Construction appeared first on POWER Magazine.

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Infinity Natural Resources on the Hunt for More Ohio Utica Assets

Marcellus Drilling News

Infinity Natural Resources (INR), headquartered in Morgantown, WV, focuses 100% on the Marcellus/Utica. The company went public earlier this year with a $265 million ($20/share) initial public offering, giving INR a $1.18 billion market capitalization (see INR IPO Does Better than Expected, Stock Trading Pops 10% Higher). Hart Energy’s Nissa Darbonne recently interviewed INR CEO.

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The Strait of Hormuz and Global LNG: Electronic interference with ship navigation systems & media hype have emerged as a major threat to oil and LNG markets

Energy Outlook Advisors

October 26, 2025 Source: Kpler The Strait of Hormuz is back in the news after Israel attacked Iran and later the US hit three nuclear facilities in Iran. It is a critical chokepoint for global oil and LNG markets. It carries about 20% of global crude trade and serves as the primary conduit for up to 94% of Qatar’s LNG exports, the world’s second-largest LNG exporter after the United States.

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Russian Oil Flows Keep Falling, Pipeline Giant Transneft Says

OilPrice

Oil flows on the Transneft pipeline network, which handles 80% of all the oil Russia produces, fell last year and continue to slide in 2025, too, due to the OPEC+ agreement to withhold supply and technological issues at Russia’s oil-producing sites, the pipeline giant said on Friday. Due to the falling oil flows, Transneft doesn’t expect its revenue to grow at the same pace as in the past decade until about 2030, the company’s first deputy CEO Maxim Grishanin was quoted as saying by Russian news

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Centrus Completes 900-kg HALEU Delivery to DOE in U.S. Nuclear Fuel Enrichment Milestone

POWER Magazine

Centrus Energy has produced and delivered 900 kilograms (kg) of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy (DOE), completing Phase II of its pioneering enrichment contract with the agency. The shipment marks the first significant domestic production of HALEU—a specialized fuel required for many advanced reactors now under development—and stands as a […] The post Centrus Completes 900-kg HALEU Delivery to DOE in U.S.

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Successful Lithium-from-Brine Pilot Test in Susquehanna County, PA

Marcellus Drilling News

In February, MDN brought you the news that a new player is entering the Marcellus looking to extract lithium from shale brine (wastewater), and it’s doing it in a big way in Susquehanna County in the northeastern corner of Pennsylvania (see New Lithium-from-Brine Plant Coming to Northeast Pa. Marcellus). Avonlea Lithium Corporation, a subsidiary of.

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More Trending

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Goldman Warns Brent Could Surge to $110

OilPrice

Brent crude could rise all the way to $100 and more, peaking at $110 per barrel in case Iran closes the Strait of Hormuz, Goldman Sachs said in a new note. The investment bank said this price could materialize if oil flows via the vital chokepoint were cut by half for a month and remained 10% lower than normal over the next 11 months. This is a rather specific forecast that may not be the most likely scenario for developments of the Middle East but some disruption in oil flows seems all but cert

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Deadline vs. Deployment: Can U.S. Advanced Reactors Meet DOE’s 2026 Criticality Goal?

POWER Magazine

In a new pilot program, the U.S. Department of Energy (DOE) issued an ambitious challenge: bring at least three advanced nuclear test reactors to criticality by July 4, 2026. Announced in June, the program sidesteps traditional Nuclear Regulatory Commission (NRC) licensing, seeking instead to authorize full-scale reactors on private sites through DOE’s internal review process. […] The post Deadline vs.

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U.S. Energy Exports Highest in History @ 30.9 Quadrillion BTUs

Marcellus Drilling News

The United States continued to produce more energy than it consumed in 2024. This surplus energy production helped energy exports grow to a record high 30.9 quadrillion British thermal units (quads) in 2024, up 4% from 2023. Energy imports remained flat at 21.7 quads in 2024, indicating that the United States exported 9.3 quads more.

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Oil market fundamentals return with aplomb

Oilholics Synonymous Report

The oil futures slide began even before Iran's muted response to the US bombing of its nuclear sites had ended on Monday. And the benchmarks tanked further still once a ceasefire between Israel and Iran took effect in the following session. That's because oil market fundamentals took hold the moment de-risking started, evaporating the so-called risk premium double quick.

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Canada’s Oil Sands Production Set for Record High in 2025

OilPrice

Despite lower oil prices, Canada’s oil sands production is expected to reach an annual all-time high of 3.5 million barrels per day (bpd) this year, thanks to optimization and efficiency at producing assets, S&P Global Commodity Insights said on Tuesday in its latest outlook. Output from Canada’s oil sands will continue to rise beyond this year, according to S&P Global Commodity Insights’ 10-year production outlook.

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GE Vernova, IHI Launch Test Hub to Enable 100% Ammonia Combustion in F-Class Gas Turbines by 2030

POWER Magazine

Japanese integrated heavy industry group IHI Corp. and GE Vernova have inaugurated a new Large-Scale Combustion Test (LCT) facility at IHI’s Aioi Works in Hyogo, Japan, marking a pivotal step in their joint effort to commercialize gas turbine combustors capable of burning up to 100% ammonia by 2030. The facility will accelerate full-scale prototype testing […] The post GE Vernova, IHI Launch Test Hub to Enable 100% Ammonia Combustion in F-Class Gas Turbines by 2030 appeared first on POWER

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Freeport LNG Asks for Third Time Extension to Build Train 4

Marcellus Drilling News

Freeport LNG, located near Galveston, Texas, currently exports roughly 15 million tonnes per annum (MTPA) of LNG from three trains—when it’s actually up and running. The Freeport facility has been plagued with outages, the most spectacular of which happened in June 2022, taking the facility offline for 10 months (see Freeport LNG Plant Back to.

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LNG Canada produces first liquefied natural gas for export, sources say

BOE Report

The Shell-led LNG Canada project has produced the first liquefied natural gas for export from its facility in Kitimat, British Columbia, two people familiar with the startup of the plant told Reuters on Sunday. “At 4 a.m. local time LNG Canada started producing its first LNG,” one of the sources told Reuters.

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Oil Prices Set For Weekly Loss as War Premium Evaporates

OilPrice

Crude oil prices were set to end the week lower than they started it as Israel and Iran stopped bombing each other, alleviating fears of a supply disruption in the Middle East. At the time of writing, Brent crude was trading at $68 per barrel, with West Texas Intermediate at $65.55 per barrel. That’s down from over $77 for Brent crude and $73 per barrel for WTI at the end of last week.

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New York Gov. Says State Will Build New Nuclear Power Plant

POWER Magazine

New York Gov. Kathy Hochul said the state is ready to build a utility-scale nuclear power plant and would seek funding from the private sector to make it a reality. The governor on June 23 provided few details about the project, except to say it likely would be located in an upstate location. The post New York Gov. Says State Will Build New Nuclear Power Plant appeared first on POWER Magazine.

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Carlyle Investing $2B in Diversified to Buy, Securitize Old Wells

Marcellus Drilling News

Diversified Energy and global investment firm Carlyle have formed a strategic partnership to invest up to $2 billion in proved developed producing (PDP) natural gas and oil assets across the U.S. Diversified will operate and manage the assets, while Carlyle brings the money and financial expertise, aiming to “securitize” these investments for long-term funding.

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One of Wyoming’s largest oil producers drilling its first 3-mile well

Oil & Gas 360º

Publisher’s Note: Anschutz Exploration will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. (Cowboy State Daily) – A revolution in drilling technology is transforming Wyoming’s Powder River Basin, turning what was once an economically challenging oil play into a more promising frontier, according to energy insiders and locals watching it unfold.

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The Strait of Hormuz: What It Is, Where It Is, and Why It Matters

OilPrice

Of all the vast oceans and seas that cover our planet, no single waterway holds more influence over the global economy than a narrow, 21-mile-wide channel of water separating Iran from the Arabian Peninsula. Every day, a silent, steady procession of the world's largest supertankers navigates this passage, a liquid pipeline carrying a fifth of the entire world's oil supply.

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Understanding TerraPower’s Natrium Reactor Design and Demonstration Project Progress

POWER Magazine

In the proverbial shadow of the Naughton Power Plant, a station in Kemmerer, Wyoming, that will stop burning coal at the end of this year, TerraPower is constructing what it calls “the only advanced, non-light-water reactor in the Western Hemisphere being built today.” The project represents more than just a new power source—it’s a symbolic […] The post Understanding TerraPower’s Natrium Reactor Design and Demonstration Project Progress appeared first on POWER Magazine.

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Another Look at Recent Rulings by WV Supremes re Royalty Deductions

Marcellus Drilling News

The West Virginia Supreme Court recently issued two 3-2 decisions reinforcing that oil and gas producers generally cannot deduct post-production costs from royalty payments to mineral owners unless lease agreements explicitly permit such deductions. We previously reported on both decisions. On June 6, the Supremes ruled in Kaess v. BB Land LLC on “in-kind” royalty.

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Find High-Capacity POIs Fast With ATC Data in Enverus PRISM®

Enverus

Are you struggling to find substations with real injection potential? In this blog, you’ll learn how developers use planning models and historical ATC data in PRISM to identify viable POIs, avoid costly surprises in the queue and confidently move forward with high-potential projects. First off, what is available transfer capacity (ATC)? ATC refers to the remaining power transfer capability from a particular substation to the transmission network.

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The UK Is Betting Big on Nuclear Power

OilPrice

The U.K. is once again backing nuclear power, with plans to develop new large-scale nuclear plants as well as alternative small modular reactors (SMRs) in the coming decades. This is part of a Labour government plan to accelerate the country’s green transition by expanding its clean energy capacity and shifting away from a reliance on fossil fuels. For decades, the U.K.

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Reclaimed Ash: Turning Domestic, Legacy Materials into Modern Infrastructure Solutions

POWER Magazine

As government policies around energy transition continue to evolve, the pace of coal plant retirements in North America has shifted in some regions, slowing in a few cases due to energy reliability concerns. But broadly speaking, many coal-fired units have already retired, leaving behind a significant legacy challenge: the long-term management of coal ash stored […] The post Reclaimed Ash: Turning Domestic, Legacy Materials into Modern Infrastructure Solutions appeared first on POWER Magaz

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Kinder Morgan Projects to Boost Deep South Access to M-U Gas

Marcellus Drilling News

Ever so gradually, pipeline capacity to transport Marcellus/Utica molecules to other markets, particularly the Deep South, has been increasing. And it continues to grow, gradually. Two projects from Kinder Morgan aim to help that effort. The 2.1-Bcf/d Mississippi Crossing (MSX) and 1.

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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

(World Oil) – Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. In June 2025, the company lifted its first crude cargo from the newly-constructed facility—the first indigenous onshore terminal constructed in the country in five decades—signaling the start of operations at the terminal.

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Oil Tankers on Edge in the Strait of Hormuz

OilPrice

After U.S. airstrikes on Iran, some oil tankers did U-turns, paused, or avoided spending even a minute longer than necessary when crossing the Strait of Hormuz—the world’s most vital oil flow chokepoint. Iran has hinted that it may block the Strait in retaliation. At least two supertankers made U-turns at the Strait of Hormuz since the U.S. strikes, vessel-tracking data monitored by Reuters showed on Monday.

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Ireland Ends Use of Coal for Power Generation

POWER Magazine

Ireland is no longer burning coal to produce electricity after the country's last coal-fired unit was converted to use heavy fuel oil. ESB, the plant's operator, on June 20 issued a notice that the 305-MW Unit 3 of the Moneypoint station, located on Ireland's southwest coast, has ended its use of coal after 40 years. ESB previously had said Moneypoint after the conversion would operate under direct dispatch instructions from EirGrid, the grid operator, as part of the balancing market.

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MDN’s Energy Stories of Interest: Tue, Jun 24, 2025 [FREE ACCESS]

Marcellus Drilling News

OTHER U.S. REGIONS: New York launches first nuclear energy project in US in 15 years; NATIONAL: What if the foundation of the climate scare was a calculated lie?; Natural gas price slides below $3.90 as momentum cools after failed breakout; How the end of carbon capture could spark a new industrial revolution; INTERNATIONAL: Oil settles.

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Why electricity prices are surging for U.S. households

CNBC: Energy

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Middle Eastern Oil Giants Go On LNG Buying Spree

OilPrice

With strong government backing and billions of dollars at their disposal, Middle Eastern oil giants are aggressively expanding into the global liquefied natural gas (LNG) market, aiming to nearly double their LNG capacity within the next decade. Companies like Saudi Aramco, Abu Dhabi National Oil Co. (ADNOC) and QatarEnergy are investing heavily in LNG production and trading, driven by the growing demand for natural gas as a transition fuel and a desire to diversify their portfolios beyond crude

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India Scientists Develop Hydrogen Production Method Using Only Solar Power

POWER Magazine

Scientists in India said they have developed a scalable next-generation device that produces green hydrogen by splitting water molecules using only solar energy. A group at the Bengaluru-based Centre for Nano and Soft Matter Sciences (CeNS), an autonomous institute of the Department of Science and Technology (DST), said the process would produce a clean fuel that could support decarbonizing industries, along with fueling vehicles.

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Venture Global Begins Construction Work at CP2 LNG in Louisiana

Marcellus Drilling News

Venture Global (VG) has begun construction on the Calcasieu Pass 2 (CP2) LNG export facility in Cameron Parish, Louisiana. This is the third LNG facility VG will have built, and upon completion, it will propel VG to be the largest LNG exporter in the United States and the second largest in the world. Pretty heady.

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Enverus unveils 2024 Top 100 Private Operators: A New era of agility, innovation and strategic shifts

Enverus

AUSTIN, Texas (June 25, 2025) — Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Continental Resources continues to dominate the ranking as the top position, but this year Mewbourne Oil leapfrogged from fourth to second and Aethon Energy remains in the third posi

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Russia Looks to Challenge U.S. Influence in Mexico’s Energy Sector

OilPrice

Via Metal Miner Amidst the tariff wars, are we about to see the birth of new energy dynamics in the Americas? A few days ago, Russia offered to supply liquefied natural gas to the United States’ neighbor, Mexico. Because of the strategic, economic and geopolitical implications, the move quickly made sector analysts sit up and take note Media reports quoted Russia’s Energy Minister, Sergei Tsivilev, as saying that the country was already working with Mexico in other sectors.

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Agilitas Energy Acquires Hydropower Assets in PJM Territory

POWER Magazine

Renewable energy developer and project operator Agilitas Energy announced it the company has acquired two late-stage hydropower development projects from Advanced Hydro Solutions. Agilitas on June 24 said the 30-MW Tygart Hydropower Project in Grafton, West Virginia, and the 14-MW Jennings Randolph Hydropower Project in Garrett County, Maryland, represent Agilitas Energy’s first hydropower assets.

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