POWER Magazine
MAY 16, 2025
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.
OilPrice
MAY 16, 2025
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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Marcellus Drilling News
MAY 15, 2025
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.
Oil & Gas 360º
MAY 14, 2025
(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.
POWER Magazine
MAY 15, 2025
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.
OilPrice
MAY 14, 2025
For decades, recycling plastic has been a losing game too slow, too expensive, and too limited in scope. 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.
Marcellus Drilling News
MAY 16, 2025
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.
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Malcolm Graham Wood
MAY 16, 2025
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.
OilPrice
MAY 13, 2025
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.
Marcellus Drilling News
MAY 14, 2025
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.
Cisco: Oil & Gas
MAY 16, 2025
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.
POWER Magazine
MAY 13, 2025
The deciding factor in the artificial intelligence (AI) race may come down to our ability to provide new data centers what they need most: massive amounts of constantly available electricity. […] The post Nuclear Is the Key to Winning AI Race appeared first on POWER Magazine.
OilPrice
MAY 15, 2025
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.
Marcellus Drilling News
MAY 15, 2025
In March, MDN told you about a legislative proposal from newly elected West Virginia Governor Pat Morrisey, a measure called the Power Generation and Consumption Act (House Bill 2014) to expand data center development in the state (see WV Gov. Backs Energy Bill to Attract Data Centers, Use Coal & Gas). The bill, sometimes called.
Cisco: Oil & Gas
MAY 16, 2025
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.
Enverus
MAY 14, 2025
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
OilPrice
MAY 12, 2025
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.
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.
POWER Magazine
MAY 15, 2025
Advanced nuclear developer Oklo announced it has successfully completed borehole drilling for site characterization work at its Idaho National Laboratory (INL) site, marking a pivotal milestone as the company progresses […] The post Oklo Completes Key Siting Milestone for First Commercial Nuclear Fast Reactor at INL appeared first on POWER Magazine.
American Gas Association
MAY 14, 2025
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.
OilPrice
MAY 16, 2025
Egypt is seeking to buy more fuel oil on which to run some of its power plants as natural gas supply is more expensive for the cash-strapped North African country. State-controlled Egyptian General Petroleum Corporation (EGPC) is looking to buy via a tender nearly 2 million tons of fuel oil to be delivered in May and June, a source with direct knowledge of the plans told Bloomberg on Friday.
Marcellus Drilling News
MAY 14, 2025
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.
POWER Magazine
MAY 13, 2025
Most of the 440 operable nuclear power plants (NPPs) currently deployed worldwide have long been recognized as potential targets for attack by enemy military forces or terrorists. Such an attack […] The post An Under-Appreciated Threat from Airborne Attacks on Large Nuclear Power Plants appeared first on POWER Magazine.
Malcolm Graham Wood
MAY 14, 2025
Oil has been quiet today after a mixed API stock report. Today Touchstone has results and Chariot are back at Anchois. Southern has started preparing to drill a DUC, the first of three and Corcel have done a great deal with Sintana. The post Oil price, Touchstone, Chariot, Southern, Corcel. appeared first on Malcy's Blog.
OilPrice
MAY 15, 2025
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.
Marcellus Drilling News
MAY 14, 2025
Investment firm ArcLight Capital Partners, LLC, announced it has acquired an additional 25% interest in Natural Gas Pipeline Company of America (NGPL). As a result of the transaction, ArcLight will become the largest owner of NGPL with a 62.5% economic ownership interest, alongside partner Kinder Morgan, Inc., which continues to own a 37.5% economic interest.
POWER Magazine
MAY 13, 2025
The energy and technology sectors are merging, the demand for power is surging, and the battle lines that have defined energy policy debates for decades are being overtaken by events. […] The post Its Time to Build American Energybut Its Getting Late appeared first on POWER Magazine.
Oilholics Synonymous Report
MAY 14, 2025
Delighted to announce that yours truly has partnered with global technology, engineering and industrial software giant Emerson to speak and moderate at the company's upcoming thought leadership event - Emerson Exchange 2025. This year's theme for the event - due to be held in San Antonio, Texas, US, from May 19 to 22, 2025 - is "accelerating innovation.
OilPrice
MAY 14, 2025
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.
Marcellus Drilling News
MAY 12, 2025
In November 2023, CNX Resources CEO Nick DeIuliis signed a voluntary deal with Pennsylvania Gov. Josh Shapiro to expand drilling setbacks and several other regulatory steps not mandated for shale drillers under PA law (see CNX Signs Deal with PA Gov. to Increase Setbacks, Other Changes). Over the past year-and-a-half, CNX has delivered on its.
POWER Magazine
MAY 14, 2025
Why microgrids with hydrogen for backup power will create significant benefits for consumers and utilities. The energy grid in the U.S., particularly in regions like California, Texas, and the Northeast, […] The post Microgrids With Hydrogen: Supporting Energy Systems for the 21st Century appeared first on POWER Magazine.
Malcolm Graham Wood
MAY 15, 2025
Oil is trading lower after Qatar indicated that Iran was looking to cut a deal on uranium usage. Today sees the AGM statement from Pharos where all is in good nick. The post Oil price, Pharos. And finally… appeared first on Malcy's Blog.
OilPrice
MAY 15, 2025
In a significant escalation of the longstanding territorial dispute over the oil-rich Essequibo region made famous by a string of ExxonMobil discoveries, the Guyana Defence Force (GDF) said on Thursday that its troops were attacked by armed individuals in civilian clothing from the Venezuelan side of the Cuyuni River, the Guardian reported. According to the GDF, three separate attacks occurred within a 24-hour period along a stretch of the river.
Marcellus Drilling News
MAY 14, 2025
A series of earthquakes (low level, sometimes felt, most of the time not felt) have hit Guernsey and Noble counties in eastern Ohio. According to the latest news we can find, some five quakes have hit since April 22, and another couple of quakes hit earlier in the year, in January/February. There is an existing.
Energy Outlook Advisors
MAY 14, 2025
May 14, 2025 Subscribe now EOA’s Main Takeaway We've warned about declining distillate inventories for weeks. Last week, they hit 103.6 million barrels, the lowest since early May 2008 when oil prices neared record highs (See Figure 5). Cushing inventories dropped, staying below the 5-year range (Figure 11). They're not a concern yet but could be if Canadian imports decline.
Oil & Gas 360º
MAY 16, 2025
(Oil Price) –Texas-based utility Vistra Energy has struck a $1.9-billion deal for the acquisition of close to 2.6 GW worth of gas-powered generation capacity across several states from Lotus Infrastructure Partners. The seven power plants are located in New York, California, New England and parts of the U.S. spanning 13 states serviced by transmission company PJM Interconnection, Reuters reported.
OilPrice
MAY 16, 2025
The EU is already working on the 18th sanctions package against Russia, which will include a lower price cap, sanctions on the Nord Stream 1 and 2 gas pipelines, more shadow fleet tankers designated, and additional sanctions on the Russian financial sector, European Commission President Ursula von der Leyen said on Friday. Representatives of the EUs 27 member states have just approved the 17th package of sanctions package against Russia, targeting another nearly 200 tankers of the shadow fleet R
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