Thu.Jan 30, 2025

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2025 Oil Market Outlook: An Update

Energy Outlook Advisors

After two years of divergent forecasts, the IEA, OPEC, and EIA's 2025 global economic growth predictions are surprisingly close, though differences between OPEC and the IEA remain relatively large. Interestingly, these forecasts align closely with ours.

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Mattiq Partners With Heraeus to Advance Electrocatalyst Innovation for Hydrogen Production

POWER Magazine

Mattiq, a Chicago, Illinois-headquartered clean chemistry company, on Jan. 30 announced a strategic partnership with global metals company Heraeus Precious Metals to develop and commercialize advanced electrocatalyst materials for green […] The post Mattiq Partners With Heraeus to Advance Electrocatalyst Innovation for Hydrogen Production appeared first on POWER Magazine.

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US Weekly Oil Data

Energy Outlook Advisors

January 30, 2025 EOA’s Main Takeaway Crude, gasoline, and distillate inventories have followed their historical trends. However, the decline in distillate inventories was higher than usual. Even so, we should take these numbers with grains of salt because they are influenced by the freezing weather that shut down some refineries. We will know in the coming weeks if US oil demand is growing.

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Five Trends Shaping the Future of Demand Response in 2025

POWER Magazine

The energy grid is confronting unprecedented challenges, including surging demand, aging infrastructure, and the increasing frequency of extreme weather events. A deep freeze across the East Coast recently generated an […] The post Five Trends Shaping the Future of Demand Response in 2025 appeared first on POWER Magazine.

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New Technology May Get Home Humidity Under Control - Energy Technology Revolution

Energy Central

Excessive indoor humidity in homes is a serious and worsening problem. Not only is it a threat to our health, but it also threatens building structures and internal finishes. Mostly, people rely on their central air conditioners to manage humidity, but this equipment isn’t especially good at this task. Usually, air conditioners don’t know what the humidity is in the house and.

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Five Things to Know About Power Supply to Data Centers

POWER Magazine

As the demand for artificial intelligence (AI), and data and cloud services increases, the U.S. is seeing a rapid rise in data center development and a surge in demand for […] The post Five Things to Know About Power Supply to Data Centers appeared first on POWER Magazine.

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Rig Tong Applications and Uses | Oil & Gas | Keystone Energy Tools

Keystone Energy Tools

Are you looking to better understand rig tongs and their role in your oil patch operation ? In this blog, well explore what rig tongs are, how they work, the types available, and the benefits they bring to your operations. Whether youre new to the oil and gas industry or just brushing up on your knowledge, understanding rig tongs is essential for ensuring efficiency and safety on-site.

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More Trending

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Shell Logs Lower Q4 Profit on Weaker Prices

Rigzone: News

Shell reported $3.66 billion in adjusted earnings, its definition of bottom line, for the fourth quarter of 2024.

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Murphy plans 25% capex ramp for 2025

Oil & Gas Journal

Work in the Gulf of Mexico will receive more than $400 million while Eagle Ford assets will get $360 million. Executives think issues from a pretty rough quarter of operations will be resolved by mid-year.

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SC Analysts Say US Tariffs on Canada Oil Would Likely be Counterproductive

Rigzone: News

'Canada provided 75 percent of U.S. heavy crude oil imports in 2024', Standard Chartered analysts highlighted.

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Hydrogen Exports | Danish Gas Grid conversion potential

Energy Central

Hydrogen Exports | Danish Gas Grid conversion potential

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EOG Wins Two New PSCs in Trinidad

Rigzone: News

Trinidad and Tobago signed two new production sharing contracts with EOG, which is already producing in the Caribbean country.

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Reuters Events: Global Energy Transition Awards 2025

Energy Central

Global Energy Transition Awards 2025: Spotlighting Excellence with Integrity and Independence. The energy transition is both a societal and business imperative. Reuters Events: Global Energy Transition Awards 2025 convenes global changemakers on an unbiased, inclusive and influential platform to spotlight excellence, recognize leadership, and connect leaders committed to a sustainable.

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Tamboran Starts New Well Stimulation Campaign in Australia's Beetaloo Basin

Rigzone: News

The wells are planned to supply the proposed Shenandoah South Pilot Project, which is expected to produce 40 million cubic feet of natural gas a day with production expected to start mid-2026.

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A Starship for Mass-Produced Space Flight

Energy Central

I started posting papers to Energy Central in 2016, only a few years after I retired from Siemens. I started posting papers about microgrids including energy storage and renewables used therein, since I was the Microgrid Product Manager for Siemens. At some point, the frequency of posts increased and the subjects diversified, and I decided to use categories to keep track of everything.

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Gran Tierra To Drill 10-14 Development Wells in 2025

Rigzone: News

The company has allotted a capital expenditure budget of $240 million to $280 million for the year.

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MSC: Gas Fundamental to Any Responsible Pennsylvania Energy Policy

Marcellus Shale Coalition

“Natural gas must be the fundamental underpinning of any reasonable Pennsylvania energy policy. We sit atop one of the largest natural gas basins in the world and supply more than 60 percent of Pennsylvanias electric generation, while delivering considerable consumer benefits across the state. Energy policies thatpromote barriers to continued development, add further unpredictability, inefficiencies, and costs that ultimately burden the consumer, are a disservice to the Commonwealth and th

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Hess Doubles Guyana Oil Output

Rigzone: News

Hess grew its net oil production in Guyana by 52 percent year-on-year to 195,000 bpd in the fourth quarter of 2024.

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What Judges Are Saying: Dismissals of Climate Litigation Over the Years

Energy Central

Throughout the nationally-coordinated climate litigation campaign, plaintiffs have been determined to use state courts to try and achieve national energy policy. Unfortunately – and a bit ironically – that strategy isn’t playing out well, with a suite of defeats on the merits adding up to a dismal future for climate litigation. On the heels of recent decisions.

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USA Crude Oil Inventories Increase WoW

Rigzone: News

Crude oil stocks, not including the SPR, stood at 415.1 million barrels on January 24, according to the EIA.

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New EPA administrator sworn in, other energy-related picks advancing through Senate

Oil & Gas Journal

Lee Zeldin was sworn in as the 17th administrator of the US Environmental Protection Agency, with President Trumps picks to lead the Interior and Energy departments advancing.

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MTR Carbon Capture Bags Contract from TSMC

Rigzone: News

MTR Carbon Capture will install its Polaris membrane carbon capture system at TSMC's Taichung Zero-Waste Manufacturing Center.

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Zeldin Takes the Helm at Trump’s EPA Amid Industry Pressure for Regulatory Rollbacks

POWER Magazine

Lee Zeldin has been sworn in as the U.S. Environmental Protection Agencys (EPAs) 17th administrator, inheriting an agency that the power industry sees as increasingly central to the future of […] The post Zeldin Takes the Helm at Trump’s EPA Amid Industry Pressure for Regulatory Rollbacks appeared first on POWER Magazine.

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Chevron, Engine No1 Announce Power Solution Partnership for US Data Centers

Rigzone: News

'We are proud to play our part in bringing to fruition President Trump's vision for a new American golden age', Chevron Corporation's CEO and Chairman Mike Wirth said.