OilPrice
MARCH 14, 2025
Shale titan Harold Hamm isnt mincing wordsif oil prices stay this low, drilling in some of Americas prized shale fields could grind to a halt. Speaking at CERAWeek in Houston, the Continental Resources founder warned that with oil hovering near $65 a barrel, many U.S. fields are already on shaky ground. When you get below the cost of supply, you cant drill, baby, drill, Hamm told Bloomberg.
POWER Magazine
MARCH 14, 2025
LS Power, a development, investment, and operating company focused on the North American power and energy infrastructure sector, on March 14 announced it has applied to build about 700 MW of new generation supply as part of PJM's Reliability Resource Initiative (RRI), which is designed to expedite connecting shovel-ready, high-reliability projects to the grid.
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OilPrice
MARCH 14, 2025
American and Vietnamese companies signed this week several agreements in the energy and minerals sectors estimated to be worth $4.15 billion, as the Southeast Asian country looks to avoid U.S. tariffs and boost cooperation with U.S. firms. Vietnams Trade Minister Nguyen Hong Dien visited the United States this week and held talks with the US Trade Representative Jamieson L.
POWER Magazine
MARCH 14, 2025
An India-based company said it has started commercial operation of a 1,200-MW natural gas-fired power plant in Malaysia, part of a buildout of power generation capacity as that country's population grows and its economy expands. The post GE Vernova Turbines Powering New 1.2-GW Gas-Fired Plant in Malaysia appeared first on POWER Magazine.
OilPrice
MARCH 14, 2025
Half of the worlds carbon emissions come from just 36 companies, according to a recent analysis. Countries worldwide have been battling to decarbonise their economies by investing in renewable energy and clean tech, moving away from fossil fuels, and reducing emissions from some of the most polluting industries. Despite their best efforts, it seems that the world may fail to achieve the 1.5-degree heating target outlined in the Paris Agreement climate accord unless the most polluting companies w
Marcellus Drilling News
MARCH 14, 2025
The U.S. Energy Information Administration (EIA) issued its latest monthly Short-Term Energy Outlook on Tuesday, the agencys monthly best guess about where energy prices and production will go in the next 12 months. In this latest assessment, EIA expects the Henry Hub price to average around $4.20 per million British thermal units (MMBtu) in 2025, The post March STEO Predicts 2025 NatGas Price Avg Higher @ $4.20/MMBtu first appeared on Marcellus Drilling News.
OilPrice
MARCH 14, 2025
Barclays sees Brent Crude prices at $74 per barrel this year, down by $9 from its previous forecast, as it slashed its global demand growth estimate in mounting economic uncertainties. We turn neutral on oil prices relative to the curve and consensus, as we revise down our 2025 demand outlook 510,000 barrels per day due to soft high?-?frequency indicators and elevated economic uncertainty, Barclays analysts wrote in a note on Friday carried by Reuters.
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OilPrice
MARCH 14, 2025
China, Russia, and Iran demanded an end to Washington's "illegal, unilateral sanctions" on Tehran, after three-party talks on the Iranian nuclear issue in Beijing on March 14. But a leading sanctions expert involved in past nuclear talks with Iran says lifting sanctions as a precursor to negotiations is neither likely nor advisable. The meeting included Chinese Deputy Foreign Minister Ma Zhaoxu, Russian Deputy Foreign Minister Sergei Ryabkov, and Iranian Deputy Foreign Minister Kazem Gharibabadi
Oilholics Synonymous Report
MARCH 14, 2025
With CERAWeek 2025 by S&P Global drawing to a close on March 14, the Oilholic capped a fascinating and engaging week out in Houston by having insightful 1-on-1 discussions, panel chats and wider interactions on the global energy mix and where it is heading to. All blog entries for CERAWeek may be found here. Yours truly also provided insight to Energy Connects and Forbes throughout the event as detailed below.
OilPrice
MARCH 14, 2025
Russia is increasingly using cryptocurrencies in its oil trade with top clients China and India amid U.S. sanctions, Reuters has reported, citing unnamed sources, who said Russian oil traders were using the cryptocurrencies to facilitate the conversion of yuans and rupees into rubles. For now, the amount of oil traded with cryptocurrencies is a small portion of Russias total, the sources told Reuters, but it is growing.
Energy Voice
MARCH 14, 2025
Oil and gas supermajors are kicking frantically below the waters surface as they attempt to navigate the energy transition. In the second of a two-part series, we examine how BP and Shell have scaled back their low-carbon commitments. The post The Emperors New Clothes: BP and Shells duck diplomacy appeared first on Energy Voice.
OilPrice
MARCH 14, 2025
Alaska's LNG project is back in the spotlight with a new aggressive timeline: first exports by 2030. Bold? Absolutely. Realistic? Yes, according to Governor Mike Dunleavy speaking at CERAWeek. The $44 billion venture would move 3.5 billion cubic feet per day from the North Slope down an 800-mile pipeline to an LNG terminal, shipping out to eager buyers in Asia.
Oilholics Synonymous Report
MARCH 14, 2025
The home stretch of CERAWeek did not disappoint. But before Days IV and V got underway, the conclusion of Wednesday (Day III) brought perhaps the biggest talking point of the event. That's after the World Nuclear Association, anchored a huge group of cross-sector executives to commit to expanding nuclear energy. How huge you ask dear readers? Well it counts Google, Amazon, Meta, Occidental and Dow, 14 major global banks and financial institutions including Goldman Sachs, Morgan Stanley and Bank
OilPrice
MARCH 14, 2025
Italys power grid operator Terna SpA plans to invest more than $25 billion (23 billion euros) over the next ten years to facilitate the integration of renewable energy sources and boost the transport capacity of the grid, the company said on Friday in its 2025-2034 development plan. The investments represent a 10% increase compared to the previous plan.
Oil & Gas Magazine
MARCH 14, 2025
Un derrame de crudo en el complejo Cantarell afecta ms de 10 km en la Sonda de Campeche. Ecologistas y pescadores exigen respuestas a PEMEX y autoridades. A travs de imgenes satelitales, se ha confirmado un derrame de crudo en las inmediaciones del Centro de Procesos Akal-C , parte del complejo Cantarell , ubicado a 86 km de Ciudad del Carmen. Detectado el 3 de marzo , el derrame se extiende ms de 10 kilmetros , causando alarma entre trabajadores petroleros, pescadores y ecologistas.
OilPrice
MARCH 14, 2025
Petronas has launched a process to potentially sell its interest in a Vaca Muerta joint venture which would see Malaysias national oil and gas firm exit the Argentinian shale region, sources with knowledge of the matter have told Bloomberg. Petronas has already held discussions with a potential buyer about a sale of its 50% stake in La Amarga Chica joint venture with Argentinas state oil and gas firm YPF, according to one of Bloombergs sources.
Oil & Gas 360º
MARCH 14, 2025
(Oil Price) –American and Vietnamese companies signed this week several agreements in the energy and minerals sectors estimated to be worth $4.15 billion, as the Southeast Asian country looks to avoid U.S. tariffs and boost cooperation with U.S. firms. Vietnams Trade Minister Nguyen Hong Dien visited the United States this week and held talks with the US Trade Representative Jamieson L.
OilPrice
MARCH 14, 2025
Some state-controlled Chinese refiners have reduced purchases of Russian oil loadings for March as they assess the risks of dealing with sanctioned entities and wait for more clarity about a possible Russia-Ukraine ceasefire and potential U.S. sanctions relief on Russias oil trade.
Oil & Gas 360º
MARCH 14, 2025
Vancouver, British Columbia–(Newsfile Corp. – March 13, 2025) – Stardust Solar Energy Inc.
OilPrice
MARCH 14, 2025
Qatar has followed Saudi Arabia in cutting the price of its al-Shaheen crude for May deliveries, Reuters has reported, citing trade sources. Al-Shaheen for delivery in May will now cost $1.29 per barrel above the Dubai benchmarkor less. According to the Reuters sources, Qatar has already contracted four cargos of al-Shaheen for Vitol at a price of $1.17 per barrel above the Dubai benchmark.
Oil & Gas 360º
MARCH 14, 2025
Vancouver, British Columbia–(Newsfile Corp. – March 13, 2025) – Standard Uranium Ltd.
OilPrice
MARCH 14, 2025
Armenia and Azerbaijan appear to have resolved their differences on two negotiating points, clearing the way for the signing of a peace agreement that would end more than 35 years of conflict. Armenias Ministry of Foreign Affairs announced March 13 that the text of the Peace Agreement has been agreed upon. The statement added that Yerevan had accepted Azerbaijani proposals on the two sticking points that had delayed finalization of the draft treaty for months.
Oil & Gas 360º
MARCH 14, 2025
Brisbane, Queensland, Australia–(Newsfile Corp.
OilPrice
MARCH 14, 2025
Abu Dhabi National Oil Company (ADNOC) has launched talks to potentially buy the energy assets of the UAEs sovereign wealth fund in a deal that could be worth about $10 billion, sources familiar with the plans told Bloomberg on Friday.
Oil & Gas 360º
MARCH 14, 2025
BESI also provides update on its Electrafy Partnership with Enercare Home and Commercial Services…
OilPrice
MARCH 14, 2025
Politics, Geopolitics & Conflict Syrias interim president has signed a constitutional declaration in a step towards hoped-for stability post-Assad, but that stability still remains elusive. This week, pro-Assad Allawites in the coastal region ambushed and attacked Syrian security forces, leading to a massacre of hundreds of people, forcing the Allawites to flee across the border into Lebanon, risking that countrys fragile security, as well.
Oil & Gas 360º
MARCH 14, 2025
Buenos Aires, Argentina–(Newsfile Corp. – March 11, 2025) – Central Puerto S.
OilPrice
MARCH 14, 2025
The next few months will see an increase in global oil demand as fuel consumption will rise in the summer driving season, Russian Deputy Prime Minister Alexander Novak told Reuters, adding that this expected rebound was factored in OPEC+s decision to begin adding supply to the market from April. Oil demand will grow during the driving season, said Novak, who is Russias top oil official and represents the country at the OPEC+ talks and meetings.
Oil & Gas 360º
MARCH 14, 2025
Vancouver, British Columbia–(Newsfile Corp. – March 11, 2025) – Stardust Solar Energy Inc.
OilPrice
MARCH 14, 2025
Crude oil prices faced another volatile week as traders balanced conflicting fundamentals. While supply-side data offered some bullish support, persistent economic concerns, escalating trade tensions, and OPEC+ production plans kept a lid on potential gains. With the market struggling to find clear direction, traders are now looking ahead to next week's key economic and inventory data for fresh catalysts.
Oil & Gas 360º
MARCH 14, 2025
Vancouver, British Columbia–(Newsfile Corp.
Marcellus Drilling News
MARCH 14, 2025
MARCELLUS/UTICA REGION: Northeast gas demand declines, but unaffected by short-lived export tax; NATIONAL: U.S. propane exports have increased every year since 2007; Judge in Mann v. Steyn trial sanctions Mann and his counsel for misconduct; ExIm-backed gas project as threat to America first energy agenda; Natgas key to meeting rising US power demand, FERC chairman.
Oil & Gas 360º
MARCH 14, 2025
Partnership enables Eguana platforms to participate in flexibility programs across North America,…
Enverus
MARCH 14, 2025
Leveraging machine learning to determine projects most likely to join the power grid Introduction to ISO Project Success Most projects that enter the interconnection queues never get built. The queues are growing increasingly crowded, and backlogs continue to persist across multiple ISOs. Renewable project developers and investors are wondering: How can I increase my chance of success in the queue?
Oil & Gas 360º
MARCH 14, 2025
Calgary, Alberta–(Newsfile Corp. – March 11, 2025) – Eguana Technologies Inc.
Marcellus Drilling News
MARCH 14, 2025
For the week of Mar 3 – 9, the number of permits issued in the Marcellus/Utica to drill new shale wells increased by six from the previous week. Last week, 22 new permits were issued, with 13 (more than half) going to the Keystone State (PA). Expand Energy (Chesapeake Energy) scored five permits for a. The post 22 New Shale Well Permits Issued for PA-OH-WV Mar 3 9 first appeared on Marcellus Drilling News.
Oil & Gas 360º
MARCH 14, 2025
Calgary, Alberta–(Newsfile Corp. – March 11, 2025) – Zedcor Inc.
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