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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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.
POWER Magazine
MARCH 7, 2025
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.
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.
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.
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.
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Oil & Gas 360º
MARCH 6, 2025
(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
Energy Outlook Advisors
MARCH 12, 2025
March 12, 2025 EOA’s Main Takeaway Although changes in inventories followed historical trends, the bad weather in Texas has influenced exports and imports. Gasoline inventories are currently at a comfortable level, but refinery maintenance might lead to low levels at the start of summer. We will monitor jet fuel demand, expecting it might decline significantly due to slow economic growth and reduced government travel.
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 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.
POWER Magazine
MARCH 6, 2025
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.
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 7, 2025
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.
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.
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
POWER Magazine
MARCH 6, 2025
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.
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 7, 2025
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.
Marcellus Drilling News
MARCH 7, 2025
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.
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.
POWER Magazine
MARCH 6, 2025
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.
Malcolm Graham Wood
MARCH 6, 2025
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.
OilPrice
MARCH 6, 2025
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.
Marcellus Drilling News
MARCH 6, 2025
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.
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.
POWER Magazine
MARCH 6, 2025
Electric Hydrogen, a global manufacturer of high-power electrolyzer plants, on March 6 announced a strategic partnership with Titan, a Texas-based process equipment manufacturing group, for the fabrication and assembly of its 100-MW electrolyzer plant product. The post Electric Hydrogen, Titan Join to Manufacture Electrolyzer Plants appeared first on POWER Magazine.
Malcolm Graham Wood
MARCH 7, 2025
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.
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 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.
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.
POWER Magazine
MARCH 11, 2025
A Massachusetts-based solar energy firm is merging with the community solar arm of a Colorado-headquartered renewable energy group to create one of the country's largest pure-play community solar companies. Perch Energy, based in Boston, and Arcadia on March 11 said they are joining to manage more than 3 GW of solar power capacity developed by more than 90 groups across 16 states.
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.
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 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.
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.
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