POWER Magazine
JANUARY 31, 2025
The rapid rise of data centers has put many power industry demand forecasters on edge. Some predict the power-hungry nature of the facilities will quickly create problems for utilities and […] The post Data Centers Consume 3% of Energy in Europe: Understand Geographic Hotspots and How AI Is Reshaping Demand appeared first on POWER Magazine.
Energy Voice
JANUARY 31, 2025
An arcane Ofgem decision is bearing fruit. The regulators move to carve out space for demand-side response in the UK market has triggered a significant 1 billion investment from French energy technology company Voltalis. The post Voltalis pledges 1bn after Ofgem demand response reform appeared first on Energy Voice.
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Rigzone: News
JANUARY 31, 2025
'As power demand surges, LNG has a critical role to play in providing a reliable, flexible fuel source that can be quickly scaled to meet rising demand', Baker Hughes Chairman and CEO Lorenzo Simonelli said.
Energy Central
JANUARY 31, 2025
The energy industry is undergoing a massive transformation, driven by the urgent need for clean, sustainable solutions. As a CXO, you have a unique opportunity to lead this transition and shape the future of energy. Investing in renewable resources is no longer just an ethical choice; it's a strategic imperative that can drive innovation, reduce costs, and enhance your brand reputation.
Rigzone: News
JANUARY 31, 2025
Ship classification organization ABS granted approval in principle for an FPSO vessel for blue ammonia designed by Japanese firms MODEC and TOYO.
Energy Central
JANUARY 31, 2025
Western Australia is investing in hashtag#batteries in a big way and it was great to discuss what this means with the Australian Broadcasting Corporation (ABC) recently. The scale of batteries being installed is enormous compared to the size of the main grid in WA. By the end of next year the state will have over 2,000 MW of batteries, which is a large proportion of the average 2,800 MW.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
Energy Central
JANUARY 31, 2025
Every week, I host 'The KJ Show,' which offers a mix of breaking news and practical advice on how the energy industry affects the consumer. During this fast-paced show, I combine weekly energy updates with conversations with leaders in the energy efficiency community. After each show, I'll share it here with the Energy Central Community in case you were unable to join me live.
Rigzone: News
JANUARY 31, 2025
Valero reported $207 million in adjusted net profit for the fourth quarter of 2024, down from $1.21 billion for the same three-month period 2023 as refining margins fell.
Rigzone: News
JANUARY 31, 2025
Enverus Intelligence Research revealed that 2024 'closed with $105 billion in U.S. upstream deals'.
Energy Central
JANUARY 31, 2025
In a famous sequence in the original Star Wars movie, Obe Wan Kenobie, using a Jedi mind trick, fools imperial foot soldiers searching the city into believing that “these are not the droids we are looking for.” China’s release of Deep Seek has executed the equivalent of a Jedi mind trick on US investors in AI semiconductors and AI large language models.
Rigzone: News
JANUARY 31, 2025
Murphy Oil increased its quarterly cash dividend by eight percent, even as fourth-quarter earnings took a hit from lower production and prices.
Crude Oil Futures
JANUARY 31, 2025
DeepSeek, the Chinese start-up that has recently sent shockwaves through the US tech industry , is poised to influence the oil and gas sector in the long term as well. The company's models are claimed to be both cost-effective and energy-efficient , with development reportedly using around 2,000 high-end chips and costing just under $6 million. In contrast, models from companies like OpenAI are known for consuming vast amounts of energy for data processing, which in turn increases the demand for
Rigzone: News
JANUARY 31, 2025
The EIA's next weekly petroleum status report is scheduled to be released on February 5 and will include data for the week ending January 31.
Rigzone: News
JANUARY 31, 2025
The European Commission plans to award about $1.3 billion in grants to 41 cross-border energy infrastructure projects, mostly in the study stage.
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