OilPrice
MARCH 11, 2025
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.
Marcellus Drilling News
MARCH 11, 2025
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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Oil & Gas 360º
MARCH 11, 2025
(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.
POWER Magazine
MARCH 11, 2025
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.
OilPrice
MARCH 11, 2025
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.
Marcellus Drilling News
MARCH 12, 2025
Joe Stalin was a brutal dictator in the Soviet Union (Russia) who ruled with an iron fist during the early 20th century. He established the totalitarian political system known as Stalinism, which forcibly purged society of what it saw as threats to itself and its brand of communism. We think Stalinism is an apt description. The post Stalinist NY Bill Would End Natural Gas for Homes and Businesses first appeared on Marcellus Drilling News.
Energy Voice
MARCH 12, 2025
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.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
OilPrice
MARCH 8, 2025
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.
Marcellus Drilling News
MARCH 12, 2025
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.
Malcolm Graham Wood
MARCH 10, 2025
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.
Energy Voice
MARCH 10, 2025
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.
OilPrice
MARCH 12, 2025
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
Marcellus Drilling News
MARCH 10, 2025
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.
Oilholics Synonymous Report
MARCH 12, 2025
Days II & III of CERAWeek 2025 have zipped by with plenty of soundbites, among which (1) fawning over the US as a key energy investment destination, (2) discussions over the LNG market, and (3) BP's reset stood out for the Oilholic. For much of Tuesday (Day II), all you could hear was how the US had become the prime energy investment market since the election of Donald Trump as President.
Malcolm Graham Wood
MARCH 11, 2025
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.
OilPrice
MARCH 12, 2025
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.
Marcellus Drilling News
MARCH 11, 2025
The NYMEX natural gas “front month” futures contract (currently the April contract) closed at its highest level yesterday since Dec. 29, 2022, closing at $4.4910 per million British thermal units (MMBtu). That was a gain of 9.2 cents from Friday’s close. However, it was quite the roller coaster, at least early in the day, as. The post NYMEX Natural Gas Price Hits Two-Year High of $4.491/MMBtu first appeared on Marcellus Drilling News.
Enverus
MARCH 11, 2025
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.
Oilholics Synonymous Report
MARCH 8, 2025
(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
OilPrice
MARCH 11, 2025
Ukrainian forces hit and damaged the Moscow Oil Refinery and a Druzhba oil pipeline facility in Oryol Oblast in a fierce overnight drone attack on Monday, the General Staff of Ukraine's Armed Forces has reported. According to Ukrainian officials, the giant refinery--capable of processing 11 million metric tons of oil per year and covers nearly half of Moscow's gasoline and diesel supplies--was hit multiple times, although Gazprom Neft, which owns the refinery, didnt respond to a Bloomberg reques
Marcellus Drilling News
MARCH 10, 2025
Ascent Resources, founded as American Energy Partners by gas legend Aubrey McClendon, is a privately held company focusing 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohios largest natural gas producer and the 8th largest natural gas producer in the U.S. The company issued its fourth quarter and full-year 2024. The post Ascent Resources Actively Considering IPO or Sale first appeared on Marcellus Drilling News.
BOE Report
MARCH 10, 2025
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.
Oil & Gas 360º
MARCH 12, 2025
(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.
OilPrice
MARCH 12, 2025
Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) revealed on Wednesday. Production officially restarted on Sunday at an initial rate of 5,000 barrels per day, with plans for an increase to 25,000 bpd by July. According to the Chairman of Libyas National Oil Corporation, Masoud Sulaiman, Libya plans to increase its oil output from 1.4 mb/d currently to 2 mb/d in 2028.
Marcellus Drilling News
MARCH 11, 2025
In December 2022, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire Net Power an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys. The post Net Power Makes Progress with Tech, High Costs a Challenge first appeared on Marcellus Drilling News.
POWER Magazine
MARCH 12, 2025
Among the various types of valves on the market, ball valves are critical in high-pressure systems, enabling precise fluid control in industries like power generation, chemical processing, and oil and […] The post Best Maintenance Practices for Ball Valves in High-Pressure Systems appeared first on POWER Magazine.
Oil & Gas 360º
MARCH 12, 2025
Weekly Crude Oil Storage as of March 7, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.7 million barrels from the previous week. At 435.2 million barrels, U.S. crude oil inventories are 5% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of March 7, 2025.
OilPrice
MARCH 11, 2025
The first half of 2025 is shaping up to be a squeeze play for global oil markets. Supply is tightening thanks to ongoing production declines in Iran and Venezuela. The result? Brent crude prices are inching up from $70 per barrel to a newly forecasted $75/b by Q3, the EIA has said in its latest Short Term Energy Outlook released on Tuesday. But dont get too cozy with those numbersby late 2025, oil inventories are expected to build, courtesy of OPEC+ unwinding its production cuts and non-OPEC cou
Marcellus Drilling News
MARCH 10, 2025
This morning, Diversified Energy, FuelCell Energy, and TESIAC announced a strategic partnership “intended to address the urgent energy needs of data centers” by supplying as much as 360 megawatts (MW) of electricity to three distinct locations in Virginia, West Virginia, and Kentucky. The partnership has agreed to create an Acquisition and Development Company (ADC), essentially.
Enverus
MARCH 12, 2025
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.
EnergyTrend
MARCH 12, 2025
Two Large-scale Overseas Battery Energy Storage Projects Purchase Agreement Have Been Signed Accordingtoescn.com,theEgyptiangovernmentrecentlysignedaCapacityPurchaseAgreement(CPA)withDubai-basedrenewableenergydeveloperAMEAPowerforthedeployment.
OilPrice
MARCH 11, 2025
Sales of electric vehicles have been slowing down across markets, but one man believes the future remains bright. That man is Kazakh millionaire Kenges Rakishev, who made his money from oil and gas and metals, and now wants a piece of the EV pie. The West is lagging behind China when it comes to the EV race, Rakishev, chairman of Fincraft Group, told the South China Morning Post in an interview.
Marcellus Drilling News
MARCH 11, 2025
Last November, a Floyd County Circuit Court judge ruled Virginia Governor Glenn Youngkin’s effort to remove his state from the Regional Greenhouse Gas Initiative (RGGI) carbon tax scheme was not legal—therefore the state would, for now, remain in the carbon tax club (see Circuit Court Judge Rules Virginia Cant Leave RGGI Carbon Tax). Youngkin promised.
Enverus
MARCH 12, 2025
AC or DC coupling refers to the way in which solar panels are linked to the BESS (battery energy storage systems). Here we compare the pros and cons of each. Solar panels can be coupled or linked to a battery either through alternating current (AC) coupling or direct current (DC) coupling. AC current flows rapidly on electricity grids both forward and backward.
EnergyTrend
MARCH 12, 2025
2GWh Energy Storage Manufacturing Project and 1GWh Energy Storage Power Station Project Was Signed AccordingtoOfficialAccount@Chunengjianwen,onMarch5th,thePeople'sGovernmentofQingyangCity,GansuProvince,successfullysignedastrategiccooperationframewor.
OilPrice
MARCH 12, 2025
Argentinas controversial president Javier Milei, a self-described anarcho-capitalist, on taking office enacted strict austerity measures to rein in rampant triple-digit inflation, kick-start the economy and slash a massive fiscal deficit. While it is too early to tell if Milei has reversed decades of economic mismanagement there are promising signs of a miracle emerging.
Marcellus Drilling News
MARCH 11, 2025
The Appalachian Methane Initiative (AMI) is a coalition of leading U.S. natural gas companies in the Marcellus/Utica, including Ascent Resources, CNX Resources, EQT Corporation, Equitrans Midstream Corporation (now part of EQT), Expand Energy Corporation, MPLX, and Seneca Resources. AMI uses independent monitoring providers, technical consultants, and top-tier universities to monitor and track methane emissions in.
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