Trending Articles

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Crude Stockpiles Rise, But Gasoline and Distillates See Big Draws

OilPrice

Crude oil inventories in the United States saw an increase of 1.4 million barrels during the week ending March 7, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration, rebounding from a slide earlier in the week, even after the American Petroleum Institute (API) reported on Tuesday a build of 4.247 million barrels in U.S. crude oil inventories ami

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Expand Energy Drilled 5.6-Mile Lateral in the WV Utica in 5 Days

Marcellus Drilling News

Hart Energy reports that Expand Energy, formed by the combination of Chesapeake Energy and Southwestern Energy, drilled a massive 5.6-mile lateral in northern West Virginias dry-gas Uticaand it was drilled in five days with just one bit run. Expand’s Shannon Fields OHI #3H well, located in Ohio County, WV, has a 29,687-ft lateral. We always. The post Expand Energy Drilled 5.6-Mile Lateral in the WV Utica in 5 Days first appeared on Marcellus Drilling News.

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Record Nuclear Power Production Expected in 2025

OilPrice

The world is re-embracing nuclear energy after decades of decline, driven by technological advances and the need to keep pace with growing energy demand fueled by the tech sector without compromising climate goals. The world is now on track to produce more nuclear energy than ever before in 2025, and the International Energy Agency (IEA) predicts an all-out nuclear renaissance.

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Tripling Nuclear Energy Capacity by 2050: Maximizing a High-Energy Future for Data Centres, Refineries, Manufacturing, and Beyond

POWER Magazine

Next week, the worlds most influential energy conference, CERAWeek, will see more than 10,000 delegates assemble to hear from the industrys leaders about the future of energy. The conference has […] The post Tripling Nuclear Energy Capacity by 2050: Maximizing a High-Energy Future for Data Centres, Refineries, Manufacturing, and Beyond appeared first on POWER Magazine.

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Heat pumps could be set for a revolution

Energy Voice

In 1834 Jean Charles Peltier, a French watchmaker and part-time physicist, found that an electrical current would produce heating or cooling at the junction of two dissimilar metals. The post Heat pumps could be set for a revolution appeared first on Energy Voice.

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Anti-Drilling Trout Unlimited Crying Over $180M in Frozen Funds

Marcellus Drilling News

For more than 13 years MDN has harped on the fact that groups like Trout Unlimited are filled with extremist anti-drillers (see our article Anti-Drilling Close-up: Trout Unlimited from October 2012). In February 2014, a national organization aimed a spotlight on Trout Unlimited and several other so-called conservation groups (see Trout Unlimited, Other Groups Outted.

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IEA: The world needs upstream oil and gas investment

Oil & Gas 360º

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. The IEA famously said in 2021 that no investments in new oil and gas fields are needed if the world has a chance to reach net-zero emissions by 2050.

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POWER Announces Debut of New Data Center POWER eXchange (DPX) Conference Focused on Power Demand for Digital Transformation

POWER Magazine

One-day summit to lead critical market discussions on data center energy demand and power sector solutions, kicking off POWERs long-standing Experience POWER conference this October in Denver. Rockville, Maryland (March […] The post POWER Announces Debut of New Data Center POWER eXchange (DPX) Conference Focused on Power Demand for Digital Transformation appeared first on POWER Magazine.

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Energy Vocations: Mick Gillespie has worked on the Anasuria FPSO since day one

Energy Voice

Energy Vocations is the monthly series in which Energy Voice speaks to workers who keep the UK's lights on. The post Energy Vocations: Mick Gillespie has worked on the Anasuria FPSO since day one appeared first on Energy Voice.

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Ecuador’s President Noboa demands $1.5 billion early payment for major oil deal

Oil & Gas 360º

(World Oil) –Ecuadors President Daniel Noboa has ordered a consortium seeking to take over the nations top oil asset to pay an entry fee of $1.5 billion by March 11, moving up the deadline by more than three weeks. Noboa has warned he will cancel the deal without the early payment. The motive is simple: If they dont respond with the urgency the Ecuadorian people deserves, we will analyze other options, Noboa said, citing security and social spending needs in a letter to the public he poste

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"Drill, Baby, Drill": Natural Gas Producers Eye a Boom

OilPrice

While the slowdown in U.S. oil production continues, rallying natural gas prices are setting the stage for a rebound in Americas gas output this year, following months of output curtailments in 2024. Slowing natural gas production last year, fast-depleting inventories during the coldest winter in years, and record-high flows to LNG facilities and LNG exports have pushed the benchmark U.S. natural gas prices above the $4 per million British thermal units (MMBtu) level, up by 160% in one year.

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Dominion Seeks Virginia Approval for 1-GW Gas-Fired Power Plant

POWER Magazine

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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Oil price, DEC, Savannah. And finally…

Malcolm Graham Wood

Oil is down 50 cents today as Chinese inflation data disappoints. Today DEC join a group to address the growing data centre demand and Savannah have closed the SIPEC acquisition. The post Oil price, DEC, Savannah. And finally… appeared first on Malcy's Blog.

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EQT Sues Union Township (Washington County, PA) for Extortion

Marcellus Drilling News

Here’s an explosive allegation. EQT Corporation and its pipeline subsidiary EQM Gathering are suing Union Township (located in Washington County, PA). Also named in the lawsuit are the town’s five supervisors. EQT’s allegation is that the town (and its supervisors) are attempting to extort big money from EQT to allow the company to connect gathering.

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Offshore workforce biggest demographic fears mental health support will impact jobs

Energy Voice

North Sea workers aged between 35 and 64 are more likely to believe accessing mental health support will negatively impact their careers, a landmark report has revealed. The post Offshore workforce biggest demographic fears mental health support will impact jobs appeared first on Energy Voice.

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Russia Attacks Ukraine’s Energy and Gas Infrastructure

OilPrice

Russia attacked energy and gas infrastructure in Ukraine early on Friday, the Ukrainian energy minister and national gas firm Naftogaz said. Naftogaz Groups gas production infrastructure has come under attack for the seventeenth time, causing damage to critical gas production sites, acting Naftogaz chairman of the board, Roman Chumak, said in a statement on Friday.

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Leveraging VPPs to Prepare Utilities for Extreme Weather

POWER Magazine

From the Midwest to the South, the U.S. has experienced dangerous cold snaps this winter that challenge grid operators to meet rising heating demands. These temperature extremes are driven in […] The post Leveraging VPPs to Prepare Utilities for Extreme Weather appeared first on POWER Magazine.

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Checking out Vaeridion's electric 'microliner' concept

Oilholics Synonymous Report

(Left to right: Ivor van Dartel, Founder and CEO of Vaeridion, Markus Kochs-Kmper, CTO of Vaeridion, and Gaurav Sharma, Energy Analyst, Oilholics Synonymous, at the startup's laboratory and engineering site in the Bosch Innovation Campus in Holzkirchen, Germany) Late last month, the Oilholic headed out to the Bosch Innovation Campus in Holzkirchen, Germany, some 25 miles south of Munich, for a visit to green aviation startup Vaeridion's laboratory and engineering test site of its 'microliner' el

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NYMEX NatGas Futures Hit 2-Year High, Closed at $4.35/MMBtu

Marcellus Drilling News

Is this the beginning of the “running of the bulls” with respect to natural gas traders? According to a senior market analyst at the PRICE Futures Group, quite possibly. Yesterday the NYMEX Henry Hub “front month” futures price closed up 22.8 cents at $4.35/MMBtu—the highest closing price since Dec. 30, 2022 (more than two years).

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Oil price, Zephyr, Genel, Deltic. And finally…

Malcolm Graham Wood

Oil is up today but for no particular reason, talk of a recession in the US, are you sure? With Zephyr updating on production and looking forward to the Paradox and Deltic making progress at Selene very well. Finally yesterday Genel announced a foray into Oman which looks really good. The post Oil price, Zephyr, Genel, Deltic. And finally… appeared first on Malcy's Blog.

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Tech and Industry Giants Pledge to Triple Global Nuclear Power by 2050

POWER Magazine

A coalition of large energy usersincluding Google, Amazon, Meta, Occidental, and Dowhave pledged their support for tripling global nuclear capacity by 2050. The cross-industry commitment, announced on the sidelines of […] The post Tech and Industry Giants Pledge to Triple Global Nuclear Power by 2050 appeared first on POWER Magazine.

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The data center decade has arrived

Enverus

CALGARY, Alberta (Mar. 11, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing a series of reports analyzing long-term load forecast, providing an update on load growth and total system load, and the unprecedented capital expenditures cycle in the technology sector.

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Antis Rally at OH Statehouse to Protest Fossil Fuels They Were Wearing

Marcellus Drilling News

Sorry to be so blunt: You can’t fix stupid. You can only call attention to it, which is what we’re doing with a group of “40 to 50” protesters who gathered yesterday at the Ohio Statehouse to protest drilling for oil and gas under state-owned land, including drilling under (not on) state parks. It was. The post Antis Rally at OH Statehouse to Protest Fossil Fuels They Were Wearing first appeared on Marcellus Drilling News.

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Oil price, Touchstone, Hunting.

Malcolm Graham Wood

Oil stays under pressure today. Touchstone have published reserves more in line with company expectations and Hunting have produced a cracking set of figures with lots of upside. The post Oil price, Touchstone, Hunting. appeared first on Malcy's Blog.

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Why Russian Gas Flows To Europe Are Unlikely To Resume Any Time Soon

OilPrice

The eight OPEC+ countries that pledged additional voluntary output reductions in 2023 have announced that they will proceed with their plan to gradually roll back the reductions. A statement posted on OPEC's website on Monday revealed that Saudi Arabia, Russia, the United Arab Emirates, Iraq, Kuwait, Kazakhstan, Oman and Algeria will start unwinding a 2.2 million barrel per day cut from April.

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Lawmakers Scrutinize Power Sector’s Future as Surging Demand Raises Alarms

POWER Magazine

In a hearing that underscored the mounting challenges facing the American power sector, industry leaders warned Congress that the nations power infrastructure is approaching a precarious juncture as unprecedented demand […] The post Lawmakers Scrutinize Power Sector’s Future as Surging Demand Raises Alarms appeared first on POWER Magazine.

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Whitecap Resources and Veren to combine in a $15 billion transaction to create a leading Canadian light oil and condensate producer

BOE Report

CALGARY, AB, March 10, 2025 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay.

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Kentucky Utilities File to Build Two 645-MW Gas-Fired Power Plants

Marcellus Drilling News

Kentucky has seen unprecedented economic growth in recent years, like other southern states. Data centers are looking to Kentucky for future expansion. Last fall, Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU), both part of PPL Corporation, forecasted in their Integrated Resource Plan (IRP) the need for additional power generation due to.

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Oil price, DEC, Serica, JOG, Hunting, Tower, EOG. And finally…

Malcolm Graham Wood

Oil has bounced today and is only $2 down on the week.Today DEC remind markets about dilution, not and JOG see Dana step back from the FPSO. A preliminary announcement says that EnQuest and Serica are in talks and Hunting has made an aquisition as promised. Finally Tower are beginning to get a move on and EOG is getting underway at Cloughton. The post Oil price, DEC, Serica, JOG, Hunting, Tower, EOG.

Oil 147
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U.S. and Uzbekistan Forge Critical Minerals Partnership

OilPrice

Uzbekistan has announced a $2.6-billion initiative to develop the countrys substantial mineral resources, setting the Central Asian nation up to potentially become an important source of rare earths for US businesses. During a March 7 presentation in Tashkent, President Shavkat Mirziyoyev announced a three-year investment plan to develop 76 projects covering 28 different elements used in the production of durable goods.

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Baker Hughes, Woodside Energy Developing Decarbonization Solution Utilizing NET Power Platform

POWER Magazine

U.S.-based energy tech company Baker Hughes is joining with Australia's Woodside Energy in an initiative to develop a lower-carbon power generation technology solution specifically designed for oil and gas, heavy industries, and other smaller-scale applications. The post Baker Hughes, Woodside Energy Developing Decarbonization Solution Utilizing NET Power Platform appeared first on POWER Magazine.

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Global companies eye more US investment as Trump touts energy dominance

Oil & Gas 360º

(Reuters) – HOUSTON – Market upheaval from U.S. President Donald Trump’s protectionist trade policies has not dampened foreign investment interest in the U.S. energy industry, executives said this week, as they lauded his promise to cut regulations and support fossil fuels. Trump has made energy dominance a pillar of his administration, declaring a national energy emergency on his first day of office and pulling the U.S. from the Paris climate agreement.

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WV Legislature Advances Bill to Fine Drillers for Royalty Nonpayment

Marcellus Drilling News

There are deadbeats in every industry, including (unfortunately) the oil and gas industry. Some O&G producers in West Virginia are gaming the system by not paying landowners/rights owners the royalties they are due. Typically, this does not apply to shale drillers, mostly larger companies. However, with (some, very few) smaller conventional drillers, they just don’t.

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Demand, tariffs and production economics will drive reshoring revival

Enverus

CALGARY, Alberta (March 12, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing a report that examines the impact of manufacturing load resulting from increased domestic manufacturing driven by demand, tariffs and production economics.

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U.S. Resumes Military Aid to Ukraine

OilPrice

US military aid to Ukraine has now started moving across the border from Poland, following an agreement between US and Ukrainian officials in Saudi Arabia, according to Polish Foreign Minister Radoslaw Sikorski. Sikorski was speaking to reporters alongside his Ukrainian counterpart, Andriy Sybiha, in Warsaw, as the latter returned from the talks in Jeddah on March 12.

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AI Infrastructure Group Will Build 300-MW Data Center in New Jersey

POWER Magazine

A Netherlands-headquartered company focused on building infrastructure for the artificial intelligence (AI) sector said it plans to build a new data center in New Jersey. Nebius Group, based in Amsterdam, said the facility would be part of a phased development that would be expandable up to a total capacity of 300 MW. The post AI Infrastructure Group Will Build 300-MW Data Center in New Jersey appeared first on POWER Magazine.

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TotalEnergies and RWE agree one of the world’s biggest green hydrogen deals

Oil & Gas 360º

(Oil Price) –Germanys biggest utility RWE will supply green hydrogen to Frances oil and gas supermajor TotalEnergies in a 15-year deal from 2030, in one of the largest such agreements globally. RWE to supply around 30,000 metric tons of green hydrogen annually to TotalEnergies from 2030 to 2044, the German utility giant said on Wednesday. The green hydrogen from RWE will be used in TotalEnergies Leuna refinery in Germany to reduce the plants carbon emissions.

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