Mon.Feb 03, 2025

article thumbnail

‘Clean power by 2030’: net-zero targets versus common sense

Energy Voice

It was bad luck for Ed Miliband that his appearance before the House of Commons Environmental Audit Committee fell on the same day that a report by Cornwall Insight predicted the UK would fall 32GW short of his clean power by 2030 target. The post ‘Clean power by 2030’: net-zero targets versus common sense appeared first on Energy Voice.

Energy 130
article thumbnail

Building a Safer Storage Industry After the Moss Landing Fire

POWER Magazine

The recent fire at the Moss Landing battery storage facility in California, operated by Vistra, has raised concerns in the energy industry, raising critical questions about the safety and future […] The post Building a Safer Storage Industry After the Moss Landing Fire appeared first on POWER Magazine.

Operator 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is net zero also a threat to UK democracy?

Energy Voice

Ive said this before and while not a Nobel Prize standard observation, it makes sense that if politicians cant carry the people with them then they really need a rethink. The post Is net zero also a threat to UK democracy? appeared first on Energy Voice.

Energy 130
article thumbnail

Xcel Says Coal-Fired Texas Plant’s Conversion to Natural Gas Nearly Complete

POWER Magazine

Xcel Energy said the company’s coal-fired Harrington Generating Station in Amarillo, Texas should fully complete its transition to burning natural gas in May. Harrington, whose three units have 1,018 MW […] The post Xcel Says Coal-Fired Texas Plant’s Conversion to Natural Gas Nearly Complete appeared first on POWER Magazine.

article thumbnail

Assuring Energy Infrastructure Reliability and Resiliency

Energy Central

As the political environment in Washington DC changes on Monday, January 20, 2025, one of the previous administration’s priorities will not change: the demand for electricity and the need for a safe, reliable electricity grid to meet growing demand. Nationwide electricity demand is expected to grow 4.7 percent in the US over the next five years, outpacing previous consensus estimates.

Energy 59
article thumbnail

CORE POWER Hires Engineering Firm to Support Floating Nuclear Power Plants

POWER Magazine

Shipping nuclear propulsion start-up CORE POWER, which in November of last year announced a deal with Westinghouse for design and development of floating nuclear power plants (FNPPs), has hired an […] The post CORE POWER Hires Engineering Firm to Support Floating Nuclear Power Plants appeared first on POWER Magazine.

Engineer 130
article thumbnail

Road to Commercial CCS Ventures: Business Models to Scale CCS

Energy Central

Road to Commercial CCS Ventures: Business Models to Scale CCS Scaling CCS is crucial to reducing emissions from hard-to-abate industries, requiring 5 GtCO capture annually. Despite CO-EOR since the 1970s, only 40 MtCO is captured today. Commercial investment remains low due to perceived risks. The key to unlocking large-scale CCS lies in robust business models that.

59

More Trending

article thumbnail

The Natural Gas Cartel: An Emerging Global Influence, Yes or Not?

Energy Central

Although a formal "natural gas cartel" akin to the Organization of the Petroleum Exporting Countries (OPEC) does not exist, a coalition of significant gas-exporting nations has been collaborating to exert influence over global gas prices and supply. (7) The Gas Exporting Countries Forum (GECF) is often regarded as the closest parallel, with some analysts suggesting it could evolve.

article thumbnail

Construction Starts on Five Mini-LNG Plants in Nigeria

Rigzone: News

'These Mini LNG facilities will ensure the efficient transportation of gas over long distances, providing a cleaner and cheaper source of energy to households, mobility, industries, and businesses'.

article thumbnail

Chevron forecasts 2025 Permian production to climb 9-10%

Oil & Gas Journal

Growth next year is expected to only be slightly less. Were getting more for every dollar were spending, says chief executive officer Mike Wirth.

52
article thumbnail

Uniper Sells LNG Refueling Stations in France, Germany

Rigzone: News

EnviTec Biogas acquired 18 LNG filling stations from fellow German firm Uniper.

52
article thumbnail

UK on course to lead world in hydrogen fuel as aviation regulator expands Hydrogen Challenge | Civil Aviation Authority

Energy Central

The UK Civil Aviation Authority has announced the expansion and extension of the Hydrogen Challenge by launching a second round. The next stage of the Hydrogen Challenge will see the development of: New designs of cutting-edge aircraft that use hydrogen fuel cell power systems and remotely piloted systems to drive down carbon emissions. Changes to airport infrastructure that could.

52
article thumbnail

Baker Hughes Bags Order for Aramco's Jafurah Field

Rigzone: News

Baker Hughes said it will supply electric-motor-driven compression solutions.

Field 52
article thumbnail

How Chief Mohammed and African Leaders Are Paving the Way for Universal Electricity Access

Energy Central

At the recent Mission 300 Africa Energy Summit held in Dar es Salaam, Tanzania, thirty African heads of state made a historic commitment to transform the continent's energy sector. This initiative aims to provide reliable, affordable, and sustainable electricity to millions of people who currently live without it. The Dar es Salaam Energy Declaration represents a significant step.

article thumbnail

Halliburton Scores Drilling Services Contract from Petrobras

Rigzone: News

The contract scope includes drilling services for development and exploration wells over a three-year period.

article thumbnail

Amid federal funding crisis, Minnesota rolls out state green bank program | Energy News Network

Energy Central

Despite bad headwinds from Washington, Minnesota is committed to helping fund clean energy projects and companies with its finance authority, or green bank. It will be lending at least $25 million this year.

Finance 52
article thumbnail

Refining Losses Deepen for Phillips 66

Rigzone: News

Phillips 66's realized refining margins averaged $6.08 a barrel in the fourth quarter of 2024, down from $8.31 for the prior quarter and $14.41 for the corresponding quarter in 2023.

Barrel 52
article thumbnail

India's 2025-26 Budget: A Green Energy Perspective

Energy Central

India's Union Budget for the fiscal year 2025-26, presented by Finance Minister Nirmala Sitharaman on February 1, 2025, has significant implications for the country's green energy and renewable space. This report delves into the key highlights of the budget concerning this sector, analyzing its potential impact on India's clean energy goals and the overall economy.

Energy 52
article thumbnail

Matador Adds New Board Member

Rigzone: News

Paul W. Harvey, current Private Wealth Advisor at Vaquero Private Wealth, will serve on Matador's Audit Committee.

52
article thumbnail

Denmark fast-tracks hydrogen pipeline with lowered capacity booking requirement

Energy Central

The Danish Ministry of Climate, Energy and Utilities is proposing to “reduce the capacity booking requirement,” so the “first phase of the pipeline can proceed based on capacity from a single project.” Instead of waiting for multiple buyers to sign long-term agreements for the Esbjerg to Germany network, Energinet can move forward with the project if just one major.

article thumbnail

Why Is the USA Natural Gas Price Up Today?

Rigzone: News

'It's a double-whammy today for Henry Hub prices', David Seduski, the head of North American gas at Energy Aspects, told Rigzone in an exclusive interview on Monday.

article thumbnail

Climate Research Priorities 2025 - Advance the Science

Energy Central

Government funded climate research has had a heavy focus on “tactical research” intended to support a government narrative or justify climate policies. This research has produced a “veritable plethora” (HT: Howard Cosell) of scary potential future climate change scenarios. This research has relied upon ”adjusted” global temperature measurements.

article thumbnail

Exxon Boosts Upstream Earnings YoY

Rigzone: News

Exxon's worldwide upstream earnings in 2024 were $25.390 billion, according to the company's latest results statement.

article thumbnail

Argus Biomass Conference 2025, London, UK

Energy Central

The 2025 Argus Biomass Conference returns to the Queen Elizabeth II Centre in the heart of Central London on 1-3 April 2025 for the largest global gathering of biomass leaders. Join 450+ international pears and do not miss your opportunity to meet with global pellet producers, traders, utilities, heavy industries, and more to explore supply chain and pricing trends alongside new industrial.

article thumbnail

TotalEnergies Signs Renewable PPA with STMicroelectronics

Rigzone: News

STMicroelectronics signed up for 1.5 terawatt hours from two TotalEnergies solar and winds farms.

52
article thumbnail

EU Energy Union Investment

Energy Central

European Commission announces grants of almost €1.25 billion in under the Connecting Europe Facility supporting 41 cross-border energy projects.1.2-PTES-S-M-24- H2Med CelZa H2Med CelZa hydrogen interconnector €7,221,872.00 9.1.3-ES-S-M-24-H2 Backbone Studies PCI 9.1.3 – Spanish Hydrogen Backbone Studies €32,521,202.07 9.1.4-FRES-S-M-24- H2Med.

Energy 52
article thumbnail

ADNOC-ADQ JV Awards $1.7 Billion Build Contract for UAE Methanol Plant

Rigzone: News

Expected to be completed 2028, the plant is planned to produce up to 1.8 million metric tons a year of clean energy-powered methanol.

article thumbnail

Natural Gas Performs During Arctic Blast, Keeping Millions of American Homes Powered, Warm

Marcellus Shale Coalition

As our nation confronts challenges over energy reliability amid historic levels of power plant retirements, Pennsylvanias natural gas abundance and strong in-state fuel use is a model for a reliable, affordable, and cleaner grid. During Januarys bitter cold snap where demand broke an all-time record within the PJM interconnection natural gas again rose to the occasion, providing 43% of power produced that day to keep the heat and lights on.

article thumbnail

The End of the AI Energy Boom? DeepSeek Just Changed Everything for Natural Gas Producers

Rextag

For the past year, one of Wall Streets hottest trades has been betting on the energy boom fueled by artificial intelligence. Massive data centerssome consuming as much electricity as entire citieshave been expected to drive soaring demand for natural gas, oil, and electricity. Investors rushed to pile into stocks tied to energy infrastructure, convinced that AI would supercharge the industry for years to come.

article thumbnail

The View from Washington

Energy Central

Washington has left chaos behind; mayhem now rules the nation's capital. I've never seen anything like it in my many years in politics. Trump is cleaning house – or at least trying to – and it's unlikely to end well for the US economy or the environment. At the same time, it may set off a constitutional crisis. It’s something I don’t say lightly.

IT 59
article thumbnail

Crude Oil Futures Volatile in Wake of Trump Tariffs

Rigzone: News

Crude oil futures are experiencing volatility, Li Xing, Financial Markets Strategist Consultant to Exness, highlighted.

article thumbnail

Valor | Energy Connection – Feb. 3, 2025

Valor

February 3, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. We are committed to sharing the insights and knowledge that our team gathers to help you stay ahead in this dynamic sector. From mergers and acquisitions to regulatory changes and technological advancements, we cover all the key developments that impact the industry.

Energy 52
article thumbnail

Can the US Replace its Imports of Canadian Oil?

Energy Outlook Advisors

Related News Bloomberg: Trump Bets Oil Suppliers’ Tariff Pain Will Mean Long-Term US Gains Summary President Trump's tariffs are pressuring Mexico and Canada into negotiations by hiking import costs for US producers of fuel and plastics. This has domestic drawbacks, with Midwest refineries facing higher feedstock costs from Canadian oil dependency, and coastal refineries seeking new suppliers.

Oil 130
article thumbnail

Oil and Gas Exec Wright Confirmed to Lead DOE

POWER Magazine

The U.S. Senate in a 59-38 vote has confirmed Colorado-based oil and gas executive Chris Wright as secretary of the Dept. of Energy (DOE). Seven Democrats, including both Michael Bennet […] The post Oil and Gas Exec Wright Confirmed to Lead DOE appeared first on POWER Magazine.

Oil 130