May, 2025

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Con Edison Investing in Major Reliability Projects Serving Customers in Brooklyn and Staten Island

POWER Magazine

New transmission lines will help meet power needs this summer. Con Edison will energize newly constructed transmission lines in Brooklyn and Staten Island this month, helping to keep service reliable […] The post Con Edison Investing in Major Reliability Projects Serving Customers in Brooklyn and Staten Island appeared first on POWER Magazine.

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The Next Big Shale Boom Could Be North of the Border

OilPrice

The Permian Basin has been the star of the U.S. shale oil and gas industry for years. 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. The Montney Formation in Western Canada spans Alberta and British Columbia is one of the largest natural gas deposits on the continent.

Crude Oil 361
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NRG Buys 18 Gas-Fired Power Plants, Including 5 in PA, for $12B

Marcellus Drilling News

NRG Energy agreed to acquire LS Powers portfolio of natural-gas power plants in a deal valued at roughly $12 billion, including debt, that will expand NRG’s footprint in Texas and along the East Coast. NRG said the acquisition would give it 18 more natural-gas-fired facilities in nine states—including five in Pennsylvania and one in Ohio—doubling.

Gas 265
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Supply crunch could send California’s gas prices past $8

Oil & Gas 360º

(Oil Price) –On the heels of my recent article outlining how Californias unique fuel regulations not corporate price gouging are driving up gasoline prices in the state, new developments have added urgency to that conversation. On May 6, California Senate Minority Leader Brian W. Jones (R-San Diego) sent a letter to Governor Gavin Newsom sounding the alarm over what could become an energy and economic crisis in the state.

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Reform UK vs Labour: A ‘mature and sensible debate’ needed for net zero

Energy Voice

Geg Quinn calls for a sensible debate on the UK's journey to net zero that avoids the 'extremist' views from both sides.

Energy 247
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Simplify and Scale Security With Cisco Hybrid Mesh Firewall

Cisco: Oil & Gas

Modern enterprises face challenges balancing security with the operational needs. Cisco solves this with Cisco Hybrid Mesh Firewall.

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The Next Five Years Will Define U.S. Nuclear’s Fate

POWER Magazine

The U.S. stands at a critical juncture. Were experiencing electric load growth for the first time in decades, as fierce global competition reshapes the energy landscape. Nuclear power, both the […] The post The Next Five Years Will Define U.S. Nuclears Fate appeared first on POWER Magazine.

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More Trending

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Williams Makes Pitch to Add 28 Miles of Transco Pipe in NC Triad

Marcellus Drilling News

Last November, Williams officially filed with the Federal Energy Regulatory Commission (FERC) to build an expansion of its mighty Transco pipeline system in the southeastern U.S., a project called the Southeast Supply Enhancement Project (see Williams Files with FERC to Expand Mighty Transco Pipe in Southeast). The SSE project will add 1.6 million dekatherms per.

Pipeline 247
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Energy Transition Today: Quick Charges, Quaking Grids | EV Fast Charging

Enverus

Chinas electric vehicle (EV) industry is making headlines with the rollout of fast chargers capable of recharging a vehicle in just five minutes. Leading this transformation are BYD, the worlds largest EV manufacturer, and CATL, the biggest battery producer, with next-generation models built for high-speed charging. While it represents a big step in the EV industry, the technological leap will shift peak EV loads from the middle of the night to coincide with evening peaks, posing serious challen

Energy 221
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What Do Saudi Arabia & Allies in OPEC+ Want from Accelerating the Unwinding of Voluntary Cuts?

Energy Outlook Advisors

The group of 8 (or V8), OPEC+ members who made voluntary cuts, agreed to expedite unwinding the 2.2 mb/d cuts by increasing production ceiling by 411 kb/d in May and another 411 kb/d in June. The impact is less bearish than perceived by media and market participants. This raises the production ceiling and not necessarily production. Raising production ceiling legitimizes overproduction that is already in the market.

Oil 217
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The Future is Coming Faster than You Think

Cisco: Oil & Gas

At Cisco, we are building the core infrastructure of the AI era. As new solutions like Codex exemplify, the future of AI will be agentic. We envision a future where billions of AI agents are working together harmoniously on our behalf.

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Understanding the April 2025 Iberian Peninsula Blackout: Early Analysis and Lessons Learned

POWER Magazine

On April 28, 2025, at 12:33 p.m. local time, a significant blackout affected the entire Iberian Peninsula, plunging Spain and Portugal into darkness. During a webcast on May 6, Sean […] The post Understanding the April 2025 Iberian Peninsula Blackout: Early Analysis and Lessons Learned appeared first on POWER Magazine.

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US Oil Drillers Continue To Back Off As Prices Languish Below Breakevens

OilPrice

The total number of active drilling rigs for oil and gas in the United States slipped again this week, according to new data that Baker Hughes published on Friday, following a 6-rig decrease last week. The total rig count in the US fell by 6 to 578 rigs, according to Baker Hughes, down 25 from this same time last year. The number of oil rigs fell by 1 to 473 after falling by 5 during the previous weekand down by 24 compared to this time last year.

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Infinity Natural Resources Adds Second Rig to Drill in PA Marcellus

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). INR issued its second public quarterly update yesterday.

IT 250
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Oil price, Touchstone, Zephyr, Sunda, And finally…

Malcolm Graham Wood

Oil is unchanged after another poor day on Iranian news. Today TXP close the Central block, Sunda wrap the CLN and I write a wrap-up note on Zephyr. The post Oil price, Touchstone, Zephyr, Sunda, And finally… appeared first on Malcy's Blog.

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Speed through records with Enverus Instant Analyst™ – Courthouse

Enverus

AUSTIN, Texas (May 14, 2025) Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, announced today it has added Instant Analyst capabilities to its Courthouse product. With Instant Analyst – Courthouse , the first AI-powered solution designed for title researchers to tackle the increasing complexity of courthouse documents, Enverus customers can now obtain accurate summaries and critical details by analyzing and condensing information f

Energy 189
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Explore Cisco IOS XE Automation at Cisco Live US 2025

Cisco: Oil & Gas

Cisco IOS XE offers advanced programmability and automation capabilities that simplify network management and reduce complexity. By utilizing open, standards-based APIs such as NETCONF, RESTCONF, and gNMI, network administrators can efficiently provision and configure devices, minimizing manual errors.

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Fire Suppression in Battery Energy Storage Systems: Why Immersion Cooling Offers a Safer Future

POWER Magazine

Battery Energy Storage Systems (BESS) are revolutionizing our power grids, dramatically enhancing resilience, and facilitating greater integration of renewable energy sources like solar and wind. This technological evolution promises a […] The post Fire Suppression in Battery Energy Storage Systems: Why Immersion Cooling Offers a Safer Future appeared first on POWER Magazine.

Energy 298
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U.S. Shale Industry Braces for Increased Saudi Oil Production

OilPrice

Saudi Arabia is again making news in the oil markets. In a move reminiscent of the disastrous price war of 2015-2016 (see OPECs Trillion Dollar Miscalculation), the kingdom has decided to boost oil production in a market that is already adequately supplied. The goal is to reclaim lost market share from non-OPEC producers and send a clear message to fellow OPEC members who havent been sticking to the script.

Oil 357
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Gulfport Energy Signals It Wants to Buy Another Ohio Driller

Marcellus Drilling News

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.

Energy 252
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Oil Market Update: The Production Increase by the V8 is Less Bearish Than Analysts Suggest, As They Overlooked Seasonal Oil Demand in Oil-Producing Countries.

Energy Outlook Advisors

Al Khairat Thermal Power Plant in Iraq. Source: Harlow Group, 2025. Our Saturday Note “ What Do Saudi Arabia & Allies in OPEC+ Want from Accelerating the Unwinding of Voluntary Cuts ?” concluded that the increased production ceiling has limited impact, but bearish sentiment will delay market realization. Oil prices fell 4.5% initially, recovering to a smaller decline by day's end.

Oil 189
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Fueling Prosperity: How Small Businesses Rely on Natural Gas 

American Gas Association

News True Blue Blog Where energy conversations come to life. Happy Small Business Month! There are approximately 33.2 million small businesses in America, collectively employing 61.7 million Americans, or 46.4% of the workforce. Nearly every single business in the U.S. is a small businessthat’s right, more than 99.9% of American businesses are small businesses.

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Oil price, Zephyr, Angus, Serica, Challenger, Eco Atlantic, Star. And finally…

Malcolm Graham Wood

Zephyr results from the Paradox and Angus update. Oil fell again last week after Opec+ added to production but has rallied today on fears of a US shale collapse. Serica and EnQuest announced that there would be no deal and Challenger has a positive update today. Good news from Eco Atlantic from the Orange Basin and Star signs a deal with Veolia in geothermal projects.

Oil 173
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NERC’s Summer Grid Outlook Shows Progress, But Elevated Risks Persist as Load Growth Outpaces Flexibility

POWER Magazine

All regions across the North American bulk power system (BPS) are generally positioned to meet peak demand under normal summer conditions, though elevated risks of electricity supply shortfalls could persist […] The post NERCs Summer Grid Outlook Shows Progress, But Elevated Risks Persist as Load Growth Outpaces Flexibility appeared first on POWER Magazine.

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The Return of Peak Oil

OilPrice

The term peak oil has sparked debate for decades, fueling speculation and more than a few forecasts of doomsday scenarios. But for all the noise, it remains a largely misunderstood concept. Thats unfortunate, because peak oilboth in theory and in practicestill carries serious implications for the global economy and energy markets. The phrase was very popular 20 years ago but then faded when the shale revolution gathered steam.

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Truck Hauling Frack Wastewater Overturns in Tioga County, PA

Marcellus Drilling News

On Monday, a tanker truck carrying fracking wastewater rolled 100 feet down an embankment in Tioga County, Pennsylvania, spilling about 2,000 gallons of flowback (brine) into a nearby stream. According to the Pennsylvania Department of Environmental Protection, the truck left the road and flipped onto its side into a small stream. About half of its.

IT 243
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U.S. Electricity From Fossils Fuels Dips Below 50% for the First Time Ever

OilPrice

For the first time in history, fossil fuels supplied less than half of the United States electricity generation for an entire month, according tonew data releasedby energy think tank Ember. This milestone, achieved in March 2025, represents a turning point in the evolving energy mix of the worlds largest economy. Historically, fossil fuelsprimarily coal and natural gashave dominated U.S. electricity production.

Energy 362
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US Crude Oil Output to Peak Sooner Than Expected

OilPrice

U.S. crude oil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark prices below $60 per barrel are testing the breakeven point of shale production, energy flows intelligence firm Kpler said on Monday. Oil prices have slipped by more than 15% since the beginning of April as the market fears recessions from the U.S. tariffs and oversupply from the aggressive production hikes from OPEC+.

Crude Oil 362
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Saudi Arabia Spends Like Oil’s Still at $90

OilPrice

Saudi Arabia is driving a faster-than-planned oil production ramp-up among the eight OPEC+ members that were keeping a cap on their output. Saudi Arabia is also raising its oil prices for Asian buyers amid falling benchmarks. This has confused some, even though the moves point in the same direction, of stronger demand down the road. Yet this stronger demand wont help the Saudis avoid some fiscal pain.

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Russia Backs Iraqi Push To Reopen Key Oil Pipeline To Syria As Gateway To Europe

OilPrice

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. A sustained and dramatic escalation of its armed forces there, working closely with Iraqs key local sponsor Iran, ensured that Russia continued to benefit from the strategic advantages Syria offered it until the U.S.- and U.K.

Pipeline 358
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Gold Prices Sink as China Dumps Stockpiles

OilPrice

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. But, as with all things momentum-based in China, it's easy come, easy go in the land of Dragons, and as Goldman commodity trader Adam Gillard writes, China liquidated what it bought last week ahead of the Labor Day holiday, resulting in total onshore p

IT 364
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OPEC+ Stuns Market With Larger Than Expected Output Hike

OilPrice

Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output increase for June. In a virtual meeting on Saturday, key producers led by Saudi Arabia and Russia agreed to raise collective output by 411,000 barrels per day (bpd), nearly triple the volume originally scheduled. The move follows a similar surge announced for May and signals a sharp reversal from OPEC+ efforts to defend oil prices.

Crude Oil 357
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OPEC+ Production Fell in April Despite Pledge to Start Hiking Output

OilPrice

All the countries in the OPEC+ pact saw their combined crude oil production drop by 106,000 barrels per day (bpd) in April compared to March, despite the pledge of the eight OPEC+ producers who are withholding supply to begin easing their cuts. OPEC+ producers Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman have decided to begin raising production in April, for the first time since 2022.

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Upside for Oil Prices Remains Limited Despite U.S.-China Trade Deal

OilPrice

Oil prices rallied aggressively on the news of a U.S.-China trade deal, with fears of a total economic collapse fading. Despite that development, abundant supply means the upside for prices remains limited.- A string of deals targeting large-cap electricity generation companies across the US has put this years to date power sector M&A tally to $51 billion, on track for a new all-time high.- Up until now, the highest number of US generation mergers and acquisitions took place immediately after CO

Oil 332
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Libya Takes Another Step Towards All-Out Civil War Amid Oil ‘Boom’

OilPrice

What was marketed as a fragile return to order in Libya has, once again, been exposed as a mirage. On May 12, Tripoli plunged into chaos following the reported killing of Abdul Ghani al-Kikli (aka Gheniwa), the commander who runs the powerful SSA (Stability Support Apparatus), one of Libyas many militias whose patronage is necessary for either of the two clans that control the countrys east and west in a bitter rivalry.

Oil 329
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Top Japanese Refiners Step Back From Low-Carbon Investments

OilPrice

Japans biggest oil refiners are following the latest trend among Big Oil to return to focus on fossil fuel supply. The top oil refiners in Japan have recently announced lower investments in low-carbon fuels, including ammonia and hydrogen, amid slower uptake and higher costs of green energy solutions, Reuters reports, citing company executives.

Oil 318
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Kazakhstan's CPC Exports To Fall In May

OilPrice

Kazakhstan's oil exports via the Caspian Pipeline Consortium (CPC) are poised for a significant decline in May, with daily shipments of CPC Blend crude from Russia's Black Sea port of Novorossiysk expected to drop to approximately 1.5 million barrels per day (bpd), down from 1.6 million bpd in April, according to industry sources cited by Reuters. The CPC pipeline, the main mechanism for Kazakhstan's oil exports, has faced multiple disruptions in recent months, with geopolitics driving the dynam

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