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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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From Vision to Action: PRC Europe 2025 Sparks Industry Transformation

Oil & Gas 360º

From decarbonisation strategies and circular economy integration to advancements in petrochemicals production and sustainable fuels, PRC Europe 2025 offered a comprehensive overview of the trends shaping the future of energy processing in Europe. On the first day, one of the key themes was building a low-carbon hydrogen ecosystem.

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Transmission Troubles | Infrastructure Lags Demand Growth

Enverus

At its Memphis site, xAI utilized the infrastructure from an old electronics manufacturing facility with existing grid connections and proximity to both power and natural gas. Working with a utility and midstream partner, it was able to set up a facility with nearly 100 MW of power in less than three months.

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The Importance Of Utility And Energy Bill Audits For Businesses

Navigate Power

Article at a glance Combined utility and energy bill audits identify billing errors and optimize consumption. The audits streamline operations and enhance productivity through better equipment and energy plans. This guide explores how these audits work, their benefits, and why they are vital for cost savings and sustainability.

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Five Ways Utilities Can Boost Grid Reliability

True Energy

Written by Marc Published November 12, 2024 Written by Marc Published November 12, 2024 Five Ways Utilities Can Boost Grid Reliability Grid reliability is core to customers and utilities alike. Share on Explore strategies: Discover how integrating DERs, advanced demand response, and AI-driven solutions can transform grid management.

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US refiner Phillips 66 posts bigger-than-expected quarterly loss

Oil & Gas 360º

However, this scheduled downtime temporarily reduces refinery utilization and the ability to capture revenue from margins, often impacting quarterly performance. Its refinery utilization stood at 80% compared with 92% last year. Phillips 66 said its realized refining margins fell to $6.81 a barrel a year earlier.

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Why Utilities Need to Prepare for V2G Fleets

True Energy

Written by Marc Published November 25, 2024 Written by Marc Published November 25, 2024 Why Utilities Need to Prepare for V2G Fleets V2G fleets are changing how utilities manage energy demand and grid resilience. Share on Utility benefits of V2G fleet solutions include cost reductions, enhanced grid resilience, and new revenue streams.