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 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.
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.
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 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.
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
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
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
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.
OilPrice
MARCH 11, 2025
In a time of extreme contention and relentless flux in United States politics, at least one thing appears to be a consistent bipartisan priority: defending the nations position as the worlds premier nuclear energy producer and expanding the nations presence in the global nuclear energy marketplace. Nuclear energy is currently undergoing an international renaissance as energy demand continues to balloon and decarbonization goalposts draw nearer.
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.
OilPrice
MARCH 11, 2025
Once upon a time, in the not-so-distant past, the United States was the world's largest importer of energy, guzzling down foreign oil and gas like a frat boy at a kegger. But the script has since flipped. Thanks to the shale revolution and a penchant for hydraulic fracturing (fracking), the U.S. has transformed from energy junkie to pusher, with liquefied natural gas (LNG) as its hottest commodity.
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.
OilPrice
MARCH 11, 2025
Senior Ukrainian and US officials have begun a high-stakes meeting in Saudi Arabia, discussing how to end Russia's war against Ukraine amid recent tensions between Kyiv and Washington and intensifying fighting on the battlefield. Ukrainian delegation leader Andriy Yermak, President Volodymyr Zelenskyy's chief of staff, said that "protection of Ukrainian interests" and "a clear vision of ending the war" were on Kyiv's agenda for the one-day talks in Jeddah on March 11.
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 11, 2025
Science secretary Peter Kyle has hailed the UK space sectors recent achievement as proof that the UK is a launchpad for innovation and investment. The field has secured 80m more in European Space Agency (ESA) contracts than government contributions in late 2024, the highest return for any ESA member state. This success is set to add over 1bn to the UK economy and create 3,800 high skilled jobs, positioning Britain as a global leader in space innovation.
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.
OilPrice
MARCH 11, 2025
ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5 billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day of condensate at the Longtail project, per the request for environmental authorization from Guyana seen by Reuters.
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.
OilPrice
MARCH 11, 2025
Indonesia is doubling to 1 million barrels per day (bpd) the planned capacity of the new refineries it will build in an effort to boost its energy security and downstream industry. The largest economy in Southeast Asia plans to build several refineries, including on the islands of Kalimantan and Sulawesi, with a total capacity of 1 million bpd, up from 500,000 bpd previously planned, Indonesias Energy Minister Bahlil Lahadalia said this week after a meeting with President Prabowo Subianto.
EnergyTrend
MARCH 11, 2025
U.S. Companies Work Together to Create Locally Manufactured Solar Modules AccordingtoSolarbe,recently,U.S.solarcellmanufacturerSunivaandU.S.photovoltaicmodulemanufacturerHelieneInc.jointlyannouncedanimportantagreementwithCor.
OilPrice
MARCH 11, 2025
Some U.S. LNG exporters are looking to raise their delivery prices in renegotiations of contracts with buyers as rising costs have reduced the profitability of LNG projects in recent years, Reuters reports, citing sources familiar with the plans. Energy Transfer, which is working to convert its existing Lake Charles LNG import facility in Louisiana into an LNG export facility, has already started renegotiations, company officials said on the Q4 earnings call last month.
Energy Voice
MARCH 11, 2025
If the generation and transmission targets are achieved by 2030 or soon after, the UK electricity system will have undergone a significant metamorphosis. It will change where value lies in the system. It will also be a much more complex system to operate and maintain. The post Metamorphosis: Value shifts in the UKs emergent clean power system appeared first on Energy Voice.
OilPrice
MARCH 11, 2025
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million barrels for the week ending March 7. Analysts had expected a 2.1 million-barrel build. So far this year, crude oil inventories have climbed nearly 17 million barrels, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 million barrels to 395.6 mi
Oil & Gas 360º
MARCH 11, 2025
(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Energy Market Assessment: Restoringupward mobility of the masses will have a profitable oil & gas drilling boom- oil and gas 360 While many are worried about stock market volatility, interest rates, tariffs and other uncertainty, The Climate Changing to stimulating is driving our bullish natural gas outlook.
OilPrice
MARCH 11, 2025
The Panama Canal is considering an idea to build a pipeline to ship liquefied petroleum gas (LPG) across the key trade chokepoint to potentially bring gas from the U.S. to Japan, according to the canal administrator Ricaurte Vasquez. We're exploring the possibility of rolling out infrastructure with the capacity to move up to a million barrels per day (bpd), but the market is much larger, Vasquez told Reuters.
Enverus
MARCH 11, 2025
Solar irradiance, the power of solar radiation measured in W/m2 is an essential metric when designing a PV system. One of the most important factors to consider when designing a solar photovoltaic (PV) system is the level of solar irradiance at a potential location. In this guide, we examine solar irradiance, how it is calculated, and how you can use RatedPower software to simulate and evaluate solar irradiance for your utility-scale PV projects.
OilPrice
MARCH 11, 2025
The current years CERAWeek by S&P Global conference kicked off in U.S. metropolis of Houston on Monday, with the energy sectors most influential annual forum expected to convene over 450 C-Suite executives, 80 ministers and top officials and more than 10,000 participants from over 2,050 companies across 80 countries and regions.
Oil & Gas 360º
MARCH 11, 2025
(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5 billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day of condensate at the Longtail project, per the request for environmental authorization from Guyana seen by Reuters.
OilPrice
MARCH 11, 2025
The government of Kazakhstan is talking with the supermajors operating its oil fields to reduce production in line with the OPEC+ agreement to which the Central Asian country is a party. Kazakhstan has been one of the most consistent laggards, alongside Iraq and Russia, but now it is trying to reverse the trend and make up for the excess production by cutting around 620,000 barrels daily.
Marcellus Drilling News
MARCH 11, 2025
MARCELLUS/UTICA REGION: America needs the energy Pennsylvania can supply; OTHER U.S. REGIONS: US approves extension to Delfin LNG export permit; Arizona man stumbles upon Jordan Cove LNG project, seeks to revive it; NATIONAL: Pete Hegseth drives the stake through climate change driving defense policy; How US energy independence changed geopolitics; Tech giants increasingly turning to.
OilPrice
MARCH 11, 2025
Initial public offerings of companies active in transition industries in India have fallen steeply as valuations decline, Bloomberg has reported, citing only two listings for transition companies since the start of the year. One of these was a solar module manufacturer named Solarium Green Energy, and the other a battery makerMaxvolt Energy Industrieswith the combined valuation at a modest $18 million.
POWER Magazine
MARCH 11, 2025
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.
BOE Report
MARCH 11, 2025
TC Energy CEO Francois Poirier said on Tuesday at the CERAWeek energy conference in Houston he expects North American natural gas demand to grow by 40 billion cubic feet per day over the next 10 years.
POWER Magazine
MARCH 11, 2025
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.
BOE Report
MARCH 11, 2025
CALGARY – The Alberta government says Premier Danielle Smith has been in talks with a multinational oil and petrochemical player about selling two million barrels per month of province-owned heavy oil.
POWER Magazine
MARCH 11, 2025
Maryland lawmakers have introduced a bill in the state legislature that sponsors say would provide an easier path to build new power plants, including natural gas-fired facilities, and lower utility bills for ratepayers as part of the process. The post Maryland Officials Support Gas Plants Among Cleaner Forms of Generation appeared first on POWER Magazine.
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