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From managing energy storage to more accurately forecasting energy supply and demand, large language models can make the whole sector smarter, by streamlining energy systems and minimizing waste. As early as 2020, the Chinese state-owned natural gas giant Gas Holdings Ltd.
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.
Paul Singers Elliott Management is kicking the tires on a deal that would have been unthinkable just a few years ago: buying a stake in a pipeline that carries Russian natural gas into Europe. The pipeline in question is the Bulgarian extension of TurkStreamRussias last functioning gas artery to the continent.
Logistics management in the oil and gas industry plays a critical role in ensuring safe, timely, and cost-effective movement of materials, equipment, and personnel across upstream, midstream, and downstream operations. Crude & Gas Transport : Railcars, barges, tanker trucks, and pipeline scheduling.
A new natural gas-fired peaker plant being built on Colorado’s eastern plains will feature aeroderivative gas power packages from GE Vernova. The Mountain Peak Power Plant, which will be managed […] The post New Colorado Gas-Fired Plant Will Feature GE Vernova Power Units appeared first on POWER Magazine.
Natural gas keeps the lights on, heats homes and fuels local jobs across the Philadelphia region. The bottom line is that natural gas is essential to the very quality of our life. It is the basic feedstock for everything we touch and use today through natural gas liquids,” said Jim Welty, president of the Marcellus Shale Coalition.
natural gas in years. The latest data on money managers positioning in the WTI and Brent crude and U.S. natural gas futures showed two contrasting trendsspeculators are betting that oil prices would remain low or go even lower while increasing the bets that natural gas prices would continue marching higher.
The theme of this years financial forum: natural gas is fueling the moment, declared AGA VP, Membership and Strategic Development Edith Naegele at AGAs 2025 Financial Forum in Marco Island last week. Energy is nearly 7% of GDP, but it impacts 100%, said Lloyd Yates. Energy flows through everything.
Image by frantic00 via iStock ADNOC Gas PLC on Tuesday said it had approved phase one of the Rich Gas Development (RGD) project in the United Arab Emirates and awarded $5 billion worth of contracts. ’s gas processing and sales arm said in an online statement. The bulk at $2.8
As the upstream oil and gas sector faces mounting pressure from rising costs and dwindling Tier 1 inventory, the need for smarter, faster and more efficient development strategies has never been greater. ¹ For upstream oil and gas companies, it offers a path to faster decisions, smarter development and more efficient operations.
(Oil Price) – Eni has signed a deal to sell 20% in its low-carbon energy business Plenitude to Ares Management Corporation in a deal valuing the unit at an enterprise value of $13.8 Under the agreement, global alternative investment manager Ares Management will buy 20% in Plenitude for $2.3 billion (12 billion euros).
Natural gas is a reliable partner in this care, helping keep costs lower and treatment available for those living with chronic disease. Energy Information Administration (EIA) show that 74% of hospitals use natural gas for space heating, and 80% of hospitals use natural gas for water heating. Survey data from the U.S.
NET Power, developer of a novel gas-fired power plant that captures all atmospheric emissions, will explore deploying up to 1 GW of power capacity in Northern California with partner California […] The post NET Power and CRC Team to Deploy 1 GW of Carbon-Free Gas Power Plants in California appeared first on POWER Magazine.
The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target within the next five years has spurred activity among Chinese firms that continue to dominate the countrys oil and gas sector.
A $570-billion German asset manager has sold all its shares in ExxonMobil as it has found the U.S. Union Investment, one of Germanys top investors with nearly $570 billion (500 billion euros) in assets under management as of September 2024, has divested its stake in Exxon, as well as in another U.S. The decision came as Union
For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. This year’s conference will occur August 17-20, 2025, at T he Westin Denver Downtown.
Dinges served as Chairman, President, and CEO of Cabot Oil & Gas Corporation from May 2002 until the companys. The post Two More Exits (Retirements) from Coterra Energy Management Team first appeared on Marcellus Drilling News.
(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. With our outstanding local team and the strength of Mach’s management team, we believe we can unlock even greater value in the basin.
LNG Canada consists of an export plant that cools the natural gas to a liquid using a combination of hydroelectricity and natural gas, statesLNG Canada a consortium of Shell, Mitsubishi Corporation, Petronas, PetroChina and Korea Gas Corp.
In the dynamic and demanding world of natural gas processing, the pursuit of efficiency is relentless. For engineers and project managers across the Texas energy landscape, the core challenge remains the same: how to maximize the recovery of valuable products, meet stringent quality specifications, and maintain cost-effectiveness.
Elliott Management is pushing for changes at BP after amassing close to 5% in the UK-based oil and gas supermajor. Elliott Management Elliott has gained prominence in recent months by campaigning for increased returns for investors at several energy companies, including UKs BP and U.S. refiner Phillips 66.
prepared for a planned, major outage on its two Siemens 501D turbines, the plant’s manager requested a repair quote for two directional control valves and two gas valves attached to each turbine. “We When an electric utility with a power plant in the southwestern U.S.
Geological Survey that shows significant increases in undiscovered crude oil and natural gas under federally managed U.S. billion cubic feet of gas. trillion cubic feet of gas in the nation’s public lands administered by departments of agriculture, defense, energy and interior and Tennessee Valley Authority.
(World Oil) – The Bureau of Ocean Energy Management (BOEM) has published a Proposed Notice of Sale (PNOS) for Lease Sale 262, the first of three offshore auctions in the Gulf of America under the 2024–29 Outer Continental Shelf Leasing Program.
In natural gas processing, the purity of the gas stream isn’t just a preference — it’s a fundamental requirement. Before natural gas can embark on its journey through pipelines and into homes and industries, it must be meticulously stripped of impurities, particularly liquids and solids.
(World Oil) – This first-of-its-kind deployment signals a step change in how safety and operational assurance can be managed in offshore wind, with WindSafe introducing real-time visibility, predictive analytics, and intelligent automation to enhance performance and reduce risk at scale.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now.
How the development, validation, and large-scale deployment of online solids management systems is saving operators money by releasing flowback equipment sooner, minimizing equipment damage due to solids carry-over, and reducing the need for shutdowns and confined space entry cleanout operations. paraffins, waxes, and asphaltenes.)
America’s oil and natural gas producers are critical to our economy and the energy resources they provide will be needed far into the future. Interior Secretary Doug Burgum directed BOEM in April to begin the process of developing a new schedule for offshore oil and gas lease sales. According to the U.S.
Its no secret that tariffs and trade uncertainties are creating significant challenges for procurement in the oil and gas world. Enverus recently hosted a webinar to introduce our latest solution, Enverus RFx, designed to streamline and simplify the bidding process for oil and gas operations teams. Key Features and Benefits 1.
communities to date; Consumer savings top $10 billion in 2024 PITTSBURGH, PA – June 23, 2025 – Pennsylvania’s natural gas impact fee, the state’s tax on natural gas development, generated $164.5 Natural gas development remains a key economic driver in Pennsylvania. Emergency Management Agency and Pa. PUC data shows.
Separately, a Shell spokesman confirmed the company has signed a MOU with NOC “to study potential opportunities in the country’s oil and gas sector.” We hope to apply bp’s experience from redeveloping and managing giant oil fields around the world.”
AI is starting to push data center interconnect (DCI) capacity towards higher speeds. Since the cost structure of DCI is usually based on bandwidth usage, costs will quickly multiply, as enterprises will need more circuits to support increased capacity demands.
This virtual event will deliver exclusive insights from Enverus experts on the key factors shaping the second half of the year—and what they mean for mineral owners, managers and investors. CT on July 15, 2025. From M&A trends to pricing signals, this briefing equips decision-makers with data-driven intelligence and actionable strategies.
oil-producing state, has new guidelines – effective June 1 – for permits for disposal of wastewater, or “produced water”, which is a byproduct of oil and gas production laden with high concentrations of salt, heavy metals, and hydrocarbons. After all, if produced water cannot be managed, oil can’t be produced.”
(World Oil) – Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. Securing this gas supply agreement is an important step for the project. GasCo will be responsible for implementing the gas sourcing strategy to support the Louisiana LNG project.
(Oil Price) – Lower oil and gas prices are expected to dent the second-quarter earnings at BP, despite higher output and stronger refining margins. BP’s gas and low carbon energy segment is seen posting realizations up to $300 million lower versus the prior quarter, including changes in non-Henry Hub natural gas marker prices.
BP logo is seen at a gas station in this illustration photo taken in Poland on March 15, 2025. ADNOC is reportedly most interested in BP's liquefied natural gas (LNG) assets, although it is also said to have considered a full takeover of the company. Apollo Global Management and Lone Star declined to comment on the report.
Formed in 2023 and backed by Bayswater Management , Tejon Treating & Carbon Solutions is rapidly establishing itself as a cornerstone in the Permian Basin’s sour gas infrastructure landscape. Together, these permits form an integrated system: gathering sour gas → compressing → treating → delivering gas or NGLs.
Business development professionals working for oil and gas operators play a crucial role in driving growth, identifying opportunities, and expanding the company’s operations and market presence within the oil and gas industry.
Date: July 2025 Ironwood Midstream Energy Partners LLC continues to strengthen its role in the Eagle Ford Shale with the operation and regulatory management of three significant pipeline permits in Karnes County, Texas. Commodity Classification System Type Total Miles Regulated Unregulated 09830 Gas Private Gas Gathering Line 8.56
Through this integrated P&A program, Baker Hughes will plug and abandon wells and provide project management services on behalf of Equinor. To manage the project, Baker Hughes will establish a P&A Center of Excellence in Bergen and Stavanger.
A three-judge panel (all liberal Democrats) from the Ohio District Courts of Appeals for the Tenth District ruled yesterday that anti-fossil fuel fanatics dont have the right to appeal a decision by the Ohio Oil & Gas Land Management Commission (OGLMC) to meet and award contracts to drill under (not on) several Ohio state parks, The post Appeals (..)
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