OilPrice

MAY 6, 2025

The United Arab Emirates (UAE) holds much greater geopolitical significance to both China and the U.S. than might be inferred from either its size or its current crude oil production of just under 3 million barrels per day (bpd).

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OilPrice

MAY 7, 2025

Wind turbines in the Great Lakes have the potential to produce huge amounts of clean energy in one of the most populated regions in North America, states a recent article by the Canadian Broadcasting Company. But it remains highly uncertain if that dream could become a reality anytime soon.

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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.

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OilPrice

APRIL 28, 2025

China has not imported any liquefied natural gas from the United States since early February, data from Kpler cited by Nikkei has shown. The last LNG cargo that left the Gulf bound for China set off on February 6, the data showed. The Chinese tariffs on U.S.

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OilPrice

MARCH 13, 2025

The warm temperatures in Europe from earlier this week will abruptly shift to freezing conditions in the weekend and next week, testing Europes renewable power generation and low natural gas stocks.

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OilPrice

MARCH 25, 2025

On Tuesday, Alaska Governor Mike Dunleavy discussed the Alaska LNG project and other potential energy and trade cooperation with South Korean Industry Minister Ahn Duk-geun, as the U.S. Administration is looking to attract Asian investors in the $44-billion Alaska LNG export project.

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IT Energy Energy 318

Marcellus Drilling News

MAY 13, 2025

Wow, what a difference four years can make! In May 2021, Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), emerged from bankruptcy with a new board and new management (see Gulfport Energy Emerges from Bankruptcy w/New Board, CEO/CFO Gone). Later in 2021, the rumors began to swirl.

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OilPrice

MAY 7, 2025

Indias federal government eased on Wednesday coal supply restrictions, allowing independent power producers to bid and procure coal supply at auctions for periods of between 1 and 25 years. Under the new measure passed by the cabinet, producers can bid for coal for periods of up to 25 years at a premium above the notified price at auctions. (..)

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POWER Magazine

APRIL 9, 2025

Colorado-based wholesale public power provider Platte River Power Authority announced it is working with Weld Energy Storage, a subsidiary of NextEra Energy Resources, to develop the electric utility's first large-scale battery energy storage project.

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POWER Magazine

MARCH 14, 2025

An India-based company said it has started commercial operation of a 1,200-MW natural gas-fired power plant in Malaysia, part of a buildout of power generation capacity as that country's population grows and its economy expands. The post GE Vernova Turbines Powering New 1.2-GW GW Gas-Fired Plant in Malaysia appeared first on POWER Magazine.

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POWER Magazine

MARCH 7, 2025

Dominion Energy has asked Virginia officials to approve its request to build a new 1-GW natural gas-fired power plant, as the company seeks to add more generation capacity to help serve surging demand from data centers. The post Dominion Seeks Virginia Approval for 1-GW Gas-Fired Power Plant appeared first on POWER Magazine.

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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.

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IT 246

POWER Magazine

APRIL 1, 2025

The last operating large coal-fired power plant in Finland has shut down, with the facility’s operator saying it now will use electricity, waste heat, and heat pumpsalong with burning biomassto […] The post Finland Ending Use of Coal as Last Utility-Scale Plant Shuts Down appeared first on POWER Magazine.

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POWER Magazine

APRIL 13, 2025

A company working to mass produce portable nuclear microreactors said its has accepted its selection by the U.S. of Energy (DOE) to receive high-assay low-enriched uranium (HALEU) fuel for the first test of Kaleidos, the group's reactor design.

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POWER Magazine

APRIL 9, 2025

In a critical step aimed at bolstering advanced reactor development and their domestic nuclear fuel readiness, the U.S. Department of Energy (DOE) has issued its first round of allocations for […] The post DOE Allocates First Round of HALEU to Five U.S. Advanced Nuclear Reactor Developers appeared first on POWER Magazine.

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OilPrice

MAY 8, 2025

The island nations isolated energy grid supports a population the size of Australias at 23 million and one of the most advanced and energy-intensive tech sectors in the world. And not only is it being pushed to its absolute limit by economic factors, its also facing an existential threat from potential Chinese aggression.

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Energy Transition

MARCH 13, 2025

Since 2019, Germany’s Climate Protection Act has had aimed to reduce Germany’s carbon emissions to zero by 2045. The incoming new government has to adhere to this law. Will it though? Credits: MDV Edwards, All rights reserved.

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OilPrice

MAY 8, 2025

Kazakhstan doesnt have any plans to cut its crude and condensate production in May, its energy ministry said on Thursday, as the OPEC+ producer continues to give the group headaches with continuously busting its quota in the deal.

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OilPrice

MAY 14, 2025

Most methods rely on high-heat extrusion and mechanical separation, degrading the material each cycle until its useless. The result? Over 90% of global plastic waste still ends up in landfills or incinerators, despite widespread collection efforts and consumer demand for sustainability.That cycle may have just ended.A

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OilPrice

MAY 13, 2025

Digitalization is not new to the energy sectoroil producers and utilities have been using and perfecting it for years. But AI and its rapid advancements and capabilities are the latest hype, and it seems everyone is using it, and doing a very good job at it, at least companies say so.

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OilPrice

MAY 6, 2025

First, it said it would bring back three times the amount of oil supply it planned to originally in May. Then, it said it would repeat the exercise in June. And then it emerged that Saudi Arabia is raising selling prices for Asia when it would have made more sense to cut them, on the face of it. shale drillers curb activity.

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Oil IT 301

POWER Magazine

APRIL 30, 2025

Major German BESS Project Closes Financing. Energy transition bank NORD/LB announced it has closed an €87 million ($94 million) financing package with Nofar Energy for construction of a 104.5-MW/209-MWh MW/209-MWh The post POWER Digest [May 2025] appeared first on POWER Magazine.

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OilPrice

APRIL 19, 2025

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. In 2023, 46.4

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Energy Energy Offshore Government 360

OilPrice

APRIL 29, 2025

It looks like the post-COVID commodity party is over - with the World Bank predicting a rather bleak end. In its latest report, the bank predicts that global commodity prices will plunge 12% in 2025 and another 5% in 2026, dragging them all the way back to their pre-pandemic levels. Brent crude, the worlds

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IT Energy Energy 359

OilPrice

MARCH 29, 2025

Ever since BP admitted that its attempt to go green had ended in a disaster, the flow of news from the energy industry has been in one single direction: back to oil and gas, which make money. Indeed, Big Oil has finally accepted it will not transform into Big Green Power and has gone back to what it does best: hydrocarbons. The new strategy did

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OilPrice

APRIL 25, 2025

Germany's RWE just pulled the plug on its U.S. offshore wind business. 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., Its a red flag.

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Offshore Energy Energy IT 349

OilPrice

MAY 11, 2025

Brazil is sending a message to the world that it can meet the needs of artificial intelligence (AI) with renewable energy, and the world is listening. The South American nation is flaunting its renewable energy sources and expansive energy grids to court tech companies to set up shop within its borders, and its working.

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Energy Energy IT 309

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.

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IT 339

OilPrice

MAY 13, 2025

But this star is, at least for the time being, dimming as production costs rise with the natural depletion of top-quality acreage. But there is another formation that could take up the torch from the Permian. And its in Canada. It also has some rather solid crude oil resourcesand some of the lowest production costs

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OilPrice

MAY 13, 2025

Most methods rely on high-heat extrusion and mechanical separation, degrading the material each cycle until its useless. The result? Over 90% of global plastic waste still ends up in landfills or incinerators, despite widespread collection efforts and consumer demand for sustainability.That cycle may have just ended.A

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OilPrice

MAY 14, 2025

For over two years, OPEC and its partners from Central Asia, led by Russia, tried to push oil prices higher by withholding oil supply. Some did it more successfully than others. Saudi Arabia especially excelled at curbing supplyto no avail. Factors outside OPEC+s control caused prices to slide lower and stay lower. For the time being.

Oil 318

Oil IT Energy Energy 318

OilPrice

APRIL 29, 2025

First it was grey, then it was blue, later it was green, now its whitethese color codes for types of hydrogen depending on sourcing have seen a lot of hype in recent years. Grey hydrogen produced from fossil fuels and blue hydrogen produced from natural gas with accompanying carbon capture and storage (CCS) are by no means clean energy sources.

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Natural Gas IT Gas Energy 304

OilPrice

APRIL 7, 2025

Higher risks of recessions and higher-than-expected OPEC+ production prompted Goldman Sachs to slash again its oil price forecasts for 2026, days after it had already cut its price outlook in the wake of the U.S. tariffs announcement last week. benchmark, WTI Crude. benchmark, WTI Crude. for Brent crude and

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OilPrice

MAY 7, 2025

Energy Transfer is targeting a final investment decision on its Lake Charles LNG export project in Louisiana by the end of the year as it is progressing with contracting LNG offtake volumes, the U.S. pipeline giant said during the Q1 earnings call.

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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.

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Oil Operator IT Energy 362

OilPrice

MAY 5, 2025

The multi-layered strategic importance of Syria to Russia was underlined in 2011 when President Vladimir Putin ordered his military to intervene to counter the popular uprising that threatened to depose then-President Bashar al-Assad at that time. backed overthrow of al-Assad in December 2024 by rebel groups led by

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Pipeline Sustainable Sustainability Oil 358

OilPrice

MAY 1, 2025

Just one week ago, China seemingly couldn't get enough of gold, and the price of spot briefly touched a record $3500 as a result of, among other things, staggering inflows into Chinese gold ETFs such as the Huaan Yifu, Bosera and Guotai gold ETFs. And while Chinas

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IT 364