Offshore Engineer

AUGUST 4, 2025

ADNOC Gas and its subsidiaries have signed Heads of Agreement with Hindustan Petroleum Corporation to supply 0.

Petroleum

POWER Magazine

AUGUST 4, 2025

Arizona-headquartered Arevon Energy said it has started construction of the Nighthawk Energy Storage Project in Poway, California. The company on July 31 provided more details of the 300-MW/1,200-MWh installation that represents a $600-million investment. Arevon will own and operate Nighthawk. The company in 2021 signed a long-term contract under which the energy storage facility will […] The post Arevon Starts Construction of $600-Million California Energy Storage Project appeared first o

Energy

OilPrice

JULY 28, 2025

The U.S. Nuclear Regulatory Commission on Thursday granted multiple licensing and regulatory approvals necessary for the 800-MW Palisades nuclear plant in Michigan to restart operations later this year. Palisades is now authorized to receive new fuel and formally transition licensed reactor operators to on-shift status, Holtec International said in a statement.

Operator

POWER Magazine

JULY 31, 2025

Capacity prices in PJM Interconnection’s latest auction spiked to the market’s price ceiling, hitting $329.17/MW-day across the board for the 2026/2027 delivery year—the maximum allowed under new Federal Energy Regulatory Commission (FERC) rules. The regional transmission organization’s (RTO’s) competitive Base Residual Auction (BRA), conducted on July 9, 2025, and released on July 22, secured 134,311 […] The post PJM’s Record-High Capacity Prices Spark Sector Reckoning as Market Signals,

Energy

McKinsey

JULY 31, 2025

Skip to main content Rethinking the future: A new operating model for gas distributor success July 31, 2025 | Article Alessandro Agosta   Humayun Tai Beatrice Enrico A new target operating model is crucial if gas distribution system operators are to capture the opportunities presented by changing market forces. Gas distribution system operators (DSOs) have historically played a key role in economic development, contributing to both industrial growth and improved quality of life for households

Operator

Asian Oil & Gas

JULY 30, 2025

India’s Oil and Natural Gas Corporation (ONGC), BP Exploration (Alpha), and Reliance Industries (RIL) have signed a joint operating agreement (JOA) to explore offshore…

Offshore

Rigzone

JULY 29, 2025

Venture Global reached a positive FID and closed $15.1 billion in financing for phase I of the CP2 LNG project and the associated CP Express Pipeline.

Finance

POWER Magazine

AUGUST 1, 2025

Biogas doesn’t just offer a backup plan for tech companies seeking more power; it provides a blueprint for sustainability. By transforming landfill, agricultural, and wastewater emissions into usable power, biogas solves two problems at once: it reduces fugitive methane emissions, a potent greenhouse gas (GHG), and generates renewable electricity. This is energy that’s good for […] The post How Biogas Is Solving Data Centers’ Clean Energy Challenge appeared first on POWER Magazine.

Energy

Marcellus Drilling News

JULY 31, 2025

Eastern Gas Transmission and Storage (EGTS), a wholly owned subsidiary of Berkshire Hathaway Energy Company (Warren Buffett’s company), filed a new project with the Federal Energy Regulatory Commission (FERC) on Monday. The project is called the Appalachian Reliability Project (ARP) and is designed to move more natural gas from Pennsylvania to Ohio.

Gas

Offshore Engineer

JULY 30, 2025

The merger between Repsol Resources UK and NEO Energy has been completed, creating NEO NEXT Energy as one of the largest producers on the UK Continental Shelf (UKCS)…

Energy

Permian Basin Oil and Gas Magazine

AUGUST 1, 2025

With energy demand increasing substantially in recent years, energy and utilities companies are preparing for immediate growth opportunities, and they are using mergers and acquisitions (M&A) as a tool to increase operational efficiencies, integrate new technologies, and create greater stability within the sector. Energy sector M&A is gaining significant momentum, with transaction volumes exceeding $57B in 2024—more than double the pre-pandemic totals of 2019.

Energy

OilPrice

JULY 29, 2025

Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy. Once hindered by technical and operational challenges, FLNG projects are now achieving utilization rates comparable to onshore terminals.

Natural Gas

POWER Magazine

AUGUST 1, 2025

A Portuguese island that once relied almost exclusively on expensive diesel fuel shipments to keep the lights on now runs entirely on wind and solar power for nearly half the year. Graciosa didn’t just The post The White Island Goes Green: How Graciosa Became a Global Benchmark for Hybrid Renewable Power appeared first on POWER Magazine.

Sustainability

BOE Report

JULY 28, 2025

(Corrects currency figures to C$ throughout, and removes operating expenses figure in key details) Overview * Surge Energy Q2 production averaged 23,589 boepd * Co reports Q2 net income C$31.91 mln * Company raises average 2025 production guidance to 23,000 boepd, cuts capex by $15 mln * Q2 adjusted funds flow at C$72.

Energy

Permian Basin Oil and Gas Magazine

AUGUST 1, 2025

In the second half of 2025, West Texas Intermediate (WTI) is expected to average around $66 per barrel, reflecting elevated geopolitical risk premiums—particularly due to tensions in the Middle East—while tempered by ample global supply growth. The U.S. Energy Information Administration (EIA) raised its mid-year forecast accordingly and now expects WTI to gradually decline to $59/bbl by December 2025, and slide further into the low $50s— ending at roughly $53/bbl by late 2026.

Gas

OilPrice

JULY 28, 2025

U.S. liquefied natural gas exporters pushed higher Monday following the European Union’s announcement of a $750?billion energy purchasing framework for the next three years, heavily focused on LNG. But signals from natural gas futures and producers like EQT suggest near-term sentiment is more cautious than heady. Cheniere Energy (LNG)—America’s flagship LNG exporter—rose about 1.7%, trading at $229.23, as renewed optimism over long-term European contracts fueled buying.

Natural Gas

POWER Magazine

AUGUST 1, 2025

Faced with soaring demand and limited visibility into upstream grid assets, Karachi-based K-Electric engineered an in-house special protection system that delivers more than 600 MW of secure power imports to The post Doubling Down on Reliability: Karachi’s Engineered Smart Grid Breakthrough appeared first on POWER Magazine.

Engineer

Asian Oil & Gas

AUGUST 4, 2025

ADNOC Gas and its subsidiaries have signed Heads of Agreement with Hindustan Petroleum Corporation to supply 0.

Petroleum

Offshore Engineer

JULY 31, 2025

Azule Energy, a joint venture between BP and Eni, has started producing oil through the Agogo floating production, storage and offloading (FPSO) unit, operating…

Field

Permian Basin Oil and Gas Magazine

JULY 29, 2025

An analysis by S&P Global Commodity Insights reveals that methane intensity of oil and gas production in Permian Basin declined by more than 50 percent during 2022-24. The firm said, “Improved operations, better equipment and the utilization of AI and other advanced technologies led to reductions across all observable plume rates.” The data for 2024 show the methane emissions intensity of upstream oil and gas operations in the region to be 0.44 percent per barrel of oil equivalent – a reduc

Upstream

OilPrice

AUGUST 3, 2025

Egypt has been steadily increasing its renewable energy capacity in recent years in a bid to enhance its energy security. By 2024, Egypt had a total installed capacity of renewable energy of almost 7.8 GW. While its hydropower segment has remained stable at around 2.8 GW since 2018, it has significantly expanded its wind and solar energy sectors. Egypt’s solar energy capacity increased from 35 MW in 2012 to almost 2.6 GW in 2024, with several more large-scale solar projects currently under devel

Energy

POWER Magazine

AUGUST 1, 2025

Great River Energy’s dynamic line rating (DLR) project is the largest DLR deployment to date in the U.S. based on the number of sensors installed. Early results identified a 48.92% increase in power carrying The post How Nation’s Largest Dynamic Line Rating Deployment Unlocked Nearly 50% More Transmission Capacity for Great River Energy appeared first on POWER Magazine.

Energy

Marcellus Drilling News

JULY 30, 2025

The U.S. Department of Energy (DOE) yesterday released a new report, “A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S. Climate” (full copy below), evaluating existing peer-reviewed literature and government data on climate impacts of Greenhouse Gas (GHG) Emissions and providing a critical assessment of the conventional narrative on climate change.

Energy

Offshore Engineer

AUGUST 4, 2025

Inpex Masela, a subsidiary of Japan’s Inpex and the operator of the Abadi liquefied natural gas (LNG) project in the Masela Block in Indonesia, has started Front…

Natural Gas

BOE Report

JULY 28, 2025

Shares of U.S. liquefied natural gas developers surged in premarket trading on Monday, after the European Union pledged to purchase $750 billion worth of the super-cooled fuel over the next three years as part of a sweeping trade pact. NextDecade, Venture Global, and Cheniere Energy jumped between 7% and 8.

Natural Gas

OilPrice

JULY 28, 2025

Electric transformers aren't something most people think about unless one attached to the power lines serving their home or business is damaged, resulting in a power outage. Most of the time, power comes back on quickly, indicating that the transformers were not the problem. It takes longer to replace a transformer damaged beyond repair. And that can be a problem if large numbers of transformers are damaged at once such as occurred in the recent California wildfires.

IT

POWER Magazine

JULY 31, 2025

The electric power industry is undergoing a transformative shift, driven by increasing grid complexity and the integration of renewable energy sources, while still providing reliable, affordable energy. At the heart of this evolution is the role of the distribution system operator (DSO), a position critical to managing the modern distribution grid. Historically, the DSO role […] The post EPRI Announces Distribution System Operator Certification Program appeared first on POWER Magazine.

Operator

Energy Transition

AUGUST 1, 2025

As Europe’s energy system shifts from fossil fuels to decentralised renewable energies, one challenge is coming into focus: how can the rising costs of expanding and modernising the electricity grids required for the transport of renewable power be financed fairly and efficiently?

Energy

Oil & Gas 360º

JULY 31, 2025

(World Oil) – The strategic merger between Repsol Resources UK and NEO Energy is complete, in a deal that will create one of the largest producers on the UK Continental Shelf (UKCS). The combined group has been renamed NEO NEXT Energy Limited. “This combination creates a jointly governed business which will call upon the key strengths of both shareholders,” commented Francisco Gea, Executive Managing Director of Exploration and Production at Repsol. “Repsol contributes operatio

E&P

Oil & Gas Journal

JULY 28, 2025

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Basin

OilPrice

JULY 31, 2025

China has certified 147 million barrels of oil reserves in a new shale play operated by state energy giant Sinopec in the southwestern part of the country, as the world’s top crude oil importer look to boost domestic output. China Petroleum & Chemical Corporation, or Sinopec, as it is more commonly known, announced on Thursday that the Chinese Ministry of Natural Resources certified 20.1 million metric tons, or 147 million barrels of oil, in the Fuxing shale play, as well as 12.35 billion cubic

Oil

POWER Magazine

JULY 31, 2025

Scottish energy giant SSE said it has government approval to develop an offshore wind farm that at present would be the largest such installation in the world. The post SSE Moving Forward With Major Scottish Offshore Wind Farm appeared first on POWER Magazine.

Offshore

Marcellus Drilling News

JULY 31, 2025

In January, Constellation Energy (a huge power-generating company) announced a deal to buy out and merge with Calpine (another huge power-generating company). Calpine owns 79 energy facilities across the country, generating some 27 gigawatts (GW) of electricity, with a large number located in the eastern U.S. Many of Calpine’s facilities use natural gas to produce.

Natural Gas

Rextag

AUGUST 1, 2025

As U.S. shale gas output faces mounting economic challenges, Canada is presented with a timely opportunity to strengthen and expand its natural gas exports—though advancing key infrastructure projects like the Sunrise Expansion Program will be essential. The once-reliable supply of American shale gas, long a foundation of North America's energy mix, is now under pressure.

Natural Gas

Permian Basin Oil and Gas Magazine

AUGUST 1, 2025

Record volumes from operations in Permian Basin and Haynesville helped Houston-based Enterprise Products Partners maintain its financial results in the first half of 2025. A.J. (Jim) Teague, co-CEO, said Monday, “We are excited for the opportunities the second half of 2025 is poised to present with approximately $6 billion of our organic growth capital projects slated to enter commercial service.

Basin

OilPrice

JULY 28, 2025

Saudi Aramco has awarded a fresh round of contracts for the mammoth Zuluf oilfield expansion—an offshore project worth around $5 billion, aimed at boosting production capacity by more than 600,000 barrels per day. This latest investment push comes just days before Aramco is set to release its Q2 2025 results, which analysts expect will reflect a double-digit profit decline amid sustained oil price weakness.

Upstream

Oilfield Technology

JULY 31, 2025

The brief provides new analysis of stalled US project pipelines, modelling on the economic impact of new import tariffs, and a growing innovation gap that now favours East Asia.

Pipeline