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Corporate Buyers Sign Deals With Texas Solar Energy Projects

POWER Magazine

Technology company Cisco is among the groups involved in six virtual power purchase agreements (VPPAs) to secure energy from two solar power plants being developed in Texas. The post Corporate Buyers Sign Deals With Texas Solar Energy Projects appeared first on POWER Magazine.

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IEA: The World Needs Upstream Oil and Gas Investment

OilPrice

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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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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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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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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Oil price, Kistos, Arrow, Southern, Petro Matad. And finally…

Malcolm Graham Wood

Oil rallied yesterday and has given back a bit today. Kistos sees the Jotun FPSO sail away, Arrow has a great CPR, Southern a raise on firming natural gas prices. And Petro Matad still waits for oil sales contract approval. The post Oil price, Kistos, Arrow, Southern, Petro Matad. And finally… appeared first on Malcy's Blog.

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US Weekly Oil Data

Energy Outlook Advisors

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.

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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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SHINES Project Will Harness Tidal, River Energy in European Region

POWER Magazine

The SHINES project, or Showcasing Hydrokinetic energy Innovations for Northwest European Energy Sovereignty, is underway, bringing together 14 partners from France, Ireland, Belgium, the Netherlands, Switzerland, and Germany. Co-financed by […] The post SHINES Project Will Harness Tidal, River Energy in European Region appeared first on POWER Magazine.

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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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Stalinist NY Bill Would End Natural Gas for Homes and Businesses

Marcellus Drilling News

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 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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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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AI-Powered Energy Forecasting: How Accurate Predictions Could Save Your Power Company

POWER Magazine

Net-demand energy forecasts are critical for competitive market participants, such as in the Electric Reliability Council of Texas (ERCOT) and similar markets, for several key reasons. For example, accurate forecasting […] The post AI-Powered Energy Forecasting: How Accurate Predictions Could Save Your Power Company appeared first on POWER Magazine.

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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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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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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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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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Arcadia, Perch Energy Announce Major Community Solar Deal

POWER Magazine

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.

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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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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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Undo the queue: Enverus acquires Pearl Street Technologies to solve for a more reliable, resilient grid

Enverus

AUSTIN, Texas (March 13, 2025) Enverus, the most trusted energy-dedicated SaaS company announced today that it has acquired Pearl Street Technologies , a leading provider of automation solutions that streamline interconnection studies for transmission providers, utilities and energy developers. The interconnection queue backlog is at the heart of todays growing resource adequacy, renewable energy, and grid reliability challenges.

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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.

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Navigating International Arbitration in Power Generation: Key Insights for Dispute Resolution and Asset Protection

POWER Magazine

The Uniper Global Commodities SE (Uniper) dispute highlights geopolitical and legal risks in volatile markets. Uniper, once Germanys top Russian gas importer, was nationalized after it faced financial chaos when […] The post Navigating International Arbitration in Power Generation: Key Insights for Dispute Resolution and Asset Protection appeared first on POWER Magazine.

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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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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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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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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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The POWER Interview: Upgrading the Grid Key to Support Electrification

POWER Magazine

As buildings, EVs, and industrial processes are increasingly electrified, utilities are seeing grid demand rapidly growing. While this shift is necessary to reduce emissions, it also introduces new challenges for grid stability, capacity, and long-term reliability. The post The POWER Interview: Upgrading the Grid Key to Support Electrification appeared first on POWER Magazine.

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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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Feds Will “Step In” to Build Marcellus-to-New England Pipeline

Marcellus Drilling News

There has been dynamite news coming from this week’s CERAWeek by S&P conference in Houston (wish we were there!). Of all the things reported thus far (with two days still to go), no piece of news has been more dynamite than a statement made by Secretary of the Interior Doug Burgum during a talk at. The post Feds Will Step In to Build Marcellus-to-New England Pipeline first appeared on Marcellus Drilling News.

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Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

Oil & Gas 360º

(World Oil) –Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore. The gross purchase price is $125 million, subject to customary closing adjustments, and includes an initial approximate $100 million payment upon delivery by the end of first quarter 2025.

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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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Software and DLRs Key to Unlocking Power Grid’s Potential

POWER Magazine

Imagine unlocking 30% more power from our existing grid overnight. That’s the potential we’re ignoring, and it’s costing us billions. The demand for energy is rising, and utilities are struggling […] The post Software and DLRs Key to Unlocking Power Grid’s Potential appeared first on POWER Magazine.

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Ukraine Hits Major Russian Refinery In Massive Drone Attack

OilPrice

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

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Ascent Resources Actively Considering IPO or Sale

Marcellus Drilling News

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.