Wed.Feb 26, 2025

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Kemmerer 1—TerraPower’s Pioneering Fourth-Generation Nuclear Project—Hits Key NRC Milestone Ahead of Schedule

POWER Magazine

The U.S. Nuclear Regulatory Commission (NRC) has completed its draft safety evaluation (SE) a month ahead of schedulealbeit with open itemsfor TerraPower’s Kemmerer Power Station Unit 1, a pioneering 345-MW […] The post Kemmerer 1TerraPower’s Pioneering Fourth-Generation Nuclear ProjectHits Key NRC Milestone Ahead of Schedule appeared first on POWER Magazine.

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Oil price, Corcel. And finally…

Malcolm Graham Wood

Oil is weak after economic data and geo-political influences were all negative. Corcel has announced that Askar Alshinbayev has taken an 8.4% stake. The post Oil price, Corcel. And finally… appeared first on Malcy's Blog.

Oil 130
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NRG, GE Vernova, Kiewit Have Plan to Build Four New Gas-Fired Power Plants

POWER Magazine

NRG Energy is joining with GE Vernova and Kiewit Corp. in a plan to build four new natural gas-fired power plants. The companies on Feb. 26 said the venture is […] The post NRG, GE Vernova, Kiewit Have Plan to Build Four New Gas-Fired Power Plants appeared first on POWER Magazine.

Gas 291
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Runyang Co., Ltd. Completes RMB 900 Million Debt-to-Equity Swap with Autowell and S.C New Energy

EnergyTrend

Runyang Co., Ltd. Completes RMB 900 Million Debt-to-Equity Swap with Autowell and S.C New Energy AccordingtoOfficialAccount@PV-2005,ontheeveningofFebruary25,leadingPVequipmentmanufacturersAutowellandS.CNewEnergyannouncedtheirrespectiveexternalinve.

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Constellation Races to Revive Crane Nuclear Plant Amid Tight Timelines, Market Shifts

POWER Magazine

Constellation Energy’s ambitious plan to restart the Three Mile Island Unit 1 as the Crane Clean Energy Center (CEC) is proceeding ahead of schedule, shooting for a 2028 start date, […] The post Constellation Races to Revive Crane Nuclear Plant Amid Tight Timelines, Market Shifts appeared first on POWER Magazine.

Energy 278
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Two Weeks After Document No. 136: The Shockwave in the New Energy Industry

EnergyTrend

Two Weeks After Document No. 136: The Shockwave in the New Energy Industry AccordingtoOfficialAccount@PVMen,morethantwoweekshavepassedsincetheimplementationoftheNoticeonDeepeningtheMarketizationReformofNewEnergyGridTariffstoP.

Energy 130
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Permian Resources eyes 8% annual production growth on flat capex

Oil & Gas Journal

Well costs finished the year down 18% from 2023 but the path to more gains is not quite as clear as it was three months ago, Will Hickey told analysts.

IT 90

More Trending

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bp sets new course, plans 75% group capex allocation to upstream oil and gas

Oil & Gas Journal

The company will increase upstream spend to 75% of group capex as it simultaneously plans to become more selective with energy transition spending.

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Are We Ever Likely to See an AI CEO at an Oil and Gas Company?

Rigzone: News

Rigzone talks to Toni Fadnes, the Chief Transformation Officer of eDrilling.

Oil 86
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Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset

CNBC: Energy

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.

Oil 82
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Galp Offers Mopane-3X Update

Rigzone: News

Galp said it has successfully drilled, cored, and logged the Mopane-3X well.

IT 64
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BMW to launch hydrogen cars in 2028

Energy Central

The move is part of the German brand's partnership with Toyota and is a "milestone in automotive history" Toyota And BMW Double Down On Hydrogen Fuel Cell Engine Technology – Hydrogen Fuel News Hydrogen Transport

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The Truth About Summer Gasoline: Price Hike or Pollution Fix?

SHALE Magazine

Explore the truth about summer gasoline: why its blends raise prices yet reduce pollution. Uncover trade-offs in fuel and air quality.

IT 59
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Copenhagen Infrastructure Partners | Morecambe Bay

Energy Central

Copenhagen Infrastructure Partners | Morecambe Bay

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EV Charging Etiquette: Tips To Keep Charging Stations Hassle-Free

Navigate Power

Are you struggling to navigate the unwritten rules of electric vehicle charging? As more EVs hit the roads, understanding proper EV charging etiquette becomes crucial for every electric vehicle owner. Charging stations are shared spaces that require mutual respect and consideration. Navigate Power LLC recognizes the growing challenges drivers face when trying to charge their vehicles in public spaces.

Drivers 52
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It' a DOGE Eat DOG World

Energy Central

This article first appeared on Civil Notion. The old bromide goes: If you want a friend in Washington, buy a dog. In today's Washington, the joke would be to buy a DOGE. Although more accurately, it would say, "If you want to buy a DOGE in DC, you must first buy a president.” What’s the going price for a DOGE in Washington these days?

IT 59
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DrillDocs uses AI-enabled computer vision on the Norwegian Continental Shelf for the first time

Oilfield Technology

DrillDocs delivers enhanced wellbore stability management using AI-enabled computer vision.

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SBM Offshore Logs Record Annual Revenue

Rigzone: News

SBM Offshore also ended 2024 with a record backlog of $35.1 billion.

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GETI 2025: The workforce trends reshaping the energy industry

Airswift: Oil & Gas

The energy industry is experiencing major shifts, driven by changing skill demands, workforce mobility trends, and growing investment across renewable, transitional, and traditional sectors. The ninth annual Global Energy Talent Index (GETI) Report, the most comprehensive analysis of energy workforce trends, introduces a five-year trend analysis. This offers an in-depth look at how professionals and employers alike are adapting.

Energy 52
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Uniper to Make Bailout-Related Payment of $2.73B to Germany in Q1

Rigzone: News

Uniper expects to remit to Germany $2.73 in aid repayments this quarter in relation to the government's bailout of the power and natural gas utility in 2022.

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Producing energy with half measures

Energy Central

CNN reports that the British startup Drift Energy wants to build boats equipped with underwater turbines that will make hydrogen. These sailboats, it is claimed, would be the first ever class of mobile renewable energy. Mobile renewable energy craft capable of producing hydrogen have however been reported previously on these pages, here, here, here, here, and here.

Energy 52
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Leading Energy Companies Holding Back Renewables Commitments, BMI Says

Rigzone: News

'Leading energy companies are shifting focus', BMI analysts said.

Energy 52
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Hydrogen Bank and more funding mechanisms to support Europe's clean tech future

Energy Central

Press release Brussels, 26 February 2024 Hydrogen Bank and more funding mechanisms to support Europe's clean tech future As part of today's announcement from the European Commission on the Clean Industrial Deal, three important announcements on the funding side took also place: The 3rd Hydrogen Bank call has been confirmed to take place in Q3 2025.

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Saipem Sees 71 Percent Increase in Annual Profit

Rigzone: News

Saipem reported $321.08 million in net profit for 2024, up 70.9 percent from 2023 helped by higher volumes and the deployment of new rigs.

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Why the Current Climate Strategy is Doomed: Part 2

Energy Central

: It’s been obvious to me that the current climate strategy was never going to achieve its stated goals. There are a multitude of reasons which I have highlighted over the years. I would see hints from the media of similar thinking when articles would occasionally touch upon similar themes. However, mostly what you see in the press is.

IT 52
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Black Gold Starts Drilling at Indiana Well

Rigzone: News

The Illinois Basin has a history of producing 10 to 12 million barrels of oil annually, the company said.

Basin 52
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What is a Power Plant? Exploring Modern Technologies

PetroSync

In our fast changing world, energy is vital to all advancement, from illuminating our houses to propelling industries and innovations forward. Understanding the concept of a “power plant” is critical for comprehending how energy is harnessed and distributed to satisfy the world’s increasing demands. A power plant is a structure that creates and converts energy [.

Energy 40
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Chevron Makes Leadership Changes in Simplification Push

Rigzone: News

'Our new organizational structure and leadership appointments are designed to improve our operational efficiency and position Chevron for sustained growth'.

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Maintenance Engineer: Top Skills to Boost Your Career

PetroSync

Maintenance engineers are the backbone of operational effectiveness in a range of industries. Maintenance engineers ensure that equipment functions well, reducing downtime and preventing costly disruptions. Their experience helps firms save time, resources, and money. Maintenance engineers are particularly vital in industries that demand high equipment reliability, such as manufacturing, energy, and aerospace.

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Atlas Completes $220 Million Purchase of Power Tech Firm Moser

Rigzone: News

'The acquisition of Moser Energy Systems is a platform investment that provides Atlas with exposure to the production end of the oil and gas value chain, along with new distributed power end-markets'.

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Washington, Baghdad agree on need to Reopen Oil Pipeline

Iraq Business News: Oil & Gas

By John Lee. The United States and Iraq have agreed on the need for Iraq to become energy independent, and to quickly reopen the Iraq-Trkiye Pipeline (ITP), which can transport oil from Northern Iraq and Iraqi Kurdistan to the Turkish port of Ceyhan. In an announcement following US Secretary of State Marco Rubio's call with Iraqi Prime Minister Mohammed Shiaa al-Sudani on Tuesday, the State Department added that the two agreed on the need for Iraq to honor contractual terms for U.S. companies wo

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Eni Inks Data Center, RE, Critical Mineral Deals with UAE Companies

Rigzone: News

The Italian energy major signed deals with UAE companies on data center development, renewable energy transmission through interconnection between Albania and Italy, and critical minerals.

Energy 52
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Baghdad Reviews Progress at Akkas Gas Field Development

Iraq Business News: Oil & Gas

By John Lee. The Oil Ministry has reaffirmed its commitment to the development of the Akkas gas field , with Deputy Minister for Extraction Affairs, Eng. Basim Mohammed Khudair, chairing a meeting to assess the project's progress. Attendees included the Director General of Midland Oil Company (MdOC) , the Director General of Reservoirs and Field Development, the Deputy Director General of the Petroleum Contracts and Licensing Directorate (PCLD) , and representatives from Ukraine's Ukrzemresurs ,

Field 40
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Canacol Aims to Grow Reserve Base in 2025

Rigzone: News

Canacol said it plans to drill 11 exploration wells and three development wells in the Lower Magdalena Valley Basin this year.

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Iraq announces Oil Exports for January

Iraq Business News: Oil & Gas

By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for January, but has again not disclosed the value of oil exports for the month. This continues the practice of delayed or missing oil export data from the Ministry. Total exports of crude oil: 103,343,193 barrels. Exports from the oil fields in central and southern Iraq amounted to 102,310,248 barrels.

Oil 40
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Energy: Does your company have a strategy?

Energy Central

Energy: Does your company have a strategy? From my experience providing consultancy in the energy sector, the vast majority of companies and institutions do not have a strategic energy plan. I am not talking about something complex, detailed and involving many pages. I am talking about a plan that can even be included on a single page of Word, for example.

Energy 40
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European Commission Bares Strategy to Lower Energy Costs

Rigzone: News

The plan would cut the EU's fossil fuel import bill by about $136.06 billion a year by 2030.

Energy 64