Mon.Mar 03, 2025

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Zimbabwe Joins Other African Nations in Pursuit of Nuclear Power

POWER Magazine

Officials in Zimbabwe recently said the country will work with the International Atomic Energy Agency (IAEA), and likely with investment from Russia, to develop a nuclear power program in the country. Zimbabwe The post Zimbabwe Joins Other African Nations in Pursuit of Nuclear Power appeared first on POWER Magazine.

Energy 277
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The Impact of Ending OPEC+ V8 Voluntary Cuts

Energy Outlook Advisors

In a surprising move, the eight OPEC+ countries that made voluntary cuts (The V8: Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman ) announced they will stick to their plans, end the voluntary cuts, and gradually increase production starting April 1. This move was planned since late December, but we and others expected them to extend the cuts as they did before on weak demand.

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China’s Belt and Road Initiative Is Reshaping Global Power Infrastructure

POWER Magazine

Since 2013, when China launched its Belt and Road Initiative (BRI), interest in the measure has been sharply divided. Proponents in Beijing and across the Global South view the BRI as a transformational The post China’s Belt and Road Initiative Is Reshaping Global Power Infrastructure appeared first on POWER Magazine.

IT 228
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What does the future hold for UK’s Rosebank and Jackdaw?

Energy Voice

UK offshore energy investors are consolidating their assets as the government remains vague on necessary investment criteria - but it could also mean the return of 'dirty word' Cambo. The post What does the future hold for UK’s Rosebank and Jackdaw? appeared first on Energy Voice.

Offshore 162
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A Business-Like Approach to Power Generation

POWER Magazine

The decentralization of electricity production and delivery is evident in the commercial and industrial (C&I) sector, as businesses move to produce their own power to ensure a reliable and resilient supply The post A Business-Like Approach to Power Generation appeared first on POWER Magazine.

Energy 221
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15GWh! CALB Breaks Ground on Portugal's Zero-Carbon AI Superfactory

EnergyTrend

15GWh! CALB Breaks Ground on Portugal's Zero-Carbon AI Superfactory AccordingtoOfficialAccountBJX.CHUNNENG.COM,onFebruary24,2025,CALBofficiallybrokegroundonitsPortugalbase.Theprojectplanstoinvestapproximately2billion.

Energy 147
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The SMR Gamble: Betting on Nuclear to Fuel the Data Center Boom

POWER Magazine

Data center power demand is accelerating, pushing the grid to its limits and prompting tech giants to bet on next-generation nuclear reactors. But given steep costs, regulatory hurdles, and uncertain The post The SMR Gamble: Betting on Nuclear to Fuel the Data Center Boom appeared first on POWER Magazine.

IT 213

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THE BIG PICTURE: Power Built with Chinese Capital

POWER Magazine

The China Global Power (CGP) Database, developed by Boston Universitys Global Development Policy Center, systematically tracks power plants outside of China that are financed through Chinese foreign direct investment and […] The post THE BIG PICTURE: Power Built with Chinese Capital appeared first on POWER Magazine.

Finance 147
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NYISO 2025 Market Update: Challenges and Opportunities

Enverus

The New York Independent System Operator (NYISO) continues to navigate a rapidly evolving energy landscape, shaped by ambitious renewable energy goals, shifting power demand and ongoing infrastructure challenges. While significant progress has been made in modernizing the grid, congestion, project delays, and high costs present hurdles for future development.

Offshore 130
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AI Boom Reshapes Power Landscape as Data Centers Drive Historic Demand Growth

POWER Magazine

The power industry was once considered slow-moving and perhaps even boring. That is no longer the case as technology has expanded and power demand projections skyrocket. New reports released by analysts at The post AI Boom Reshapes Power Landscape as Data Centers Drive Historic Demand Growth appeared first on POWER Magazine.

Casing 147
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A journey from remediation to accelerated learning

SmartBrief

Malissa Esquibel Guest writer: Malissa Esquibel As our Grades K6 school prepares to adopt a new mathematics curriculum next year, I have been working with our teachers to help them modify their teaching approach and have learned a lot in the process. Whether youre a seasoned leader or just starting out, the following strategies have been game-changers in our classrooms when it comes to laying the groundwork for a discourse-based curriculum that will be required in every California school for th

IT 97
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Alabama Power Building BESS at Former Coal-Fired Power Plant Site

POWER Magazine

Officials with Alabama Power said the company will develop the states first utility-scale battery energy storage system (BESS) at the site of the former coal-fired William Crawford Gorgas Electric Generating Plant. The post Alabama Power Building BESS at Former Coal-Fired Power Plant Site appeared first on POWER Magazine.

Utilities 130
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BP Says It's Busy Developing Next Wave of Tech

Rigzone: News

Gordon Birrell, BP's EVP of Production and Operations, said the company is 'busy developing the next wave of technologies'.

IT 95
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POWER Digest (March 2025)

POWER Magazine

Major Solar-Plus-Storage Project Announced in Middle East. A solar-plus-storage project that could provide gigawatts of generation capacity was unveiled in January during Abu Dhabi Sustainability Week (ADSW) The post POWER Digest (March 2025) appeared first on POWER Magazine.

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How to lead yourself during disruption

SmartBrief

At the core of great leadership is self-leadership. As William Penn said, No man can command another who cannot command himself. Commanding ourselves during disruption and uncertainty has become the biggest challenge for leading ourselves and others. Its easy to give in to the voice in your head that threatens your stability. The path of least resistance is to become impulsive during conflict.

IT 94
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Reciprocating Engine Technology Supports Grid Flexibility and Renewables Integration

POWER Magazine

Modern reciprocating engines are enabling reliable power generation while balancing renewable energy growth. Their rapid-response capabilities and multi-fuel flexibility are crucial to grid stability The post Reciprocating Engine Technology Supports Grid Flexibility and Renewables Integration appeared first on POWER Magazine.

Engineer 130
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ADNOC Signs 15-Year LNG Deal with Osaka Gas

Rigzone: News

'This agreement with Osaka Gas reinforces our long-standing energy partnership with Japan and supports our strategy to expand our global LNG footprint,' Rashid Khalfan Al Mazrouei, ADNOC Senior Vice President, Marketing, said.

Gas 83
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What Comes Next for Carbon Capture in the Power Industry?

POWER Magazine

Policy upheavals have cast uncertainty over the future of carbon capture and storage in the power sector, though its momentum is widely expected to continue. In November 2024, the Global CCS Institute, an The post What Comes Next for Carbon Capture in the Power Industry? appeared first on POWER Magazine.

IT 130
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ADNOC, OMV to Create Major Polyolefins Player

Rigzone: News

OMV and ADNOC agreed on the key terms of the potential consolidation of their polyolefin businesses and the subsequent acquisition of NOVA Chemicals under the new JV.

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Construction industry aims to treat well-fitting PPE as a necessity, not a luxury

SmartBrief

Numbers don’t lie, but sometimes they can be misleading. OSHA conducted fewer fatality investigations in fiscal 2024 than fiscal 2023 while recording fewer deaths involving trench collapses and falls. But that doesn’t mean the risk of death in construction is necessarily lower than before. It might mean, however, that the industry is getting smarter about how to protect workers.

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Jon Stewart Misleads on Oil Company Subsidies: Debunking the Myths

SHALE Magazine

Jon Stewart misleads on oil company subsidies. Learn the truth about tax breaks, energy costs, and why oil companies arent getting massive government handouts.

Oil 69
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Crescent Logs $170 Million Loss for Q4

Rigzone: News

Annual net loss landed at $137.7 million.

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Daily Energy Report

Daily Energy Report

March 03, 2025 Chart of the Day EOA: OPEC+ Exports Increased in February Subscribe now Summary OPEC+ crude exports rose by 1.18 mb/d in February compared to the previous month, per Kpler data. However, exports are still lower than in 2023 and 2024. Why the sharp increase? See explanation below.

Energy 64
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Karoon to Acquire FPSO in Brazil's Bauna Project

Rigzone: News

Karoon said it intends to contract a new operations and management contractor to operate and maintain the FPSO.

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Decentralised Energy and Peer-to-Peer Trading: Why Utilities Need to Wake Up

Energy Central

Electricity has long been a one-way street—massive, centralised power plants pumping electrons down the wires, utilities acting as the gatekeepers, consumers passively receiving their bills at the end of the month. A rigid, predictable, industrial-age model. But here’s the thing: that model is unravelling. Fast. Cratering prices means that solar panels are now.

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SLB Clears US Regulatory Review of ChampionX Acquisition

Rigzone: News

However, the merger is facing an extended review in Norway for potential harm to competition.

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Cisco at NAB Show 2025

Cisco: Oil & Gas

NAB Show 2025, is happening in Las Vegas, NV April 5-9, 2025. This years theme is Where content comes to life. That could not be a better description for Cisco this year. And what better place to showcase how technology influences our customers future than at NAB!

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Var Energi Strikes Oil in Barents Sea

Rigzone: News

The preliminary estimated gross recoverable resources encountered in the well are between 15 million and 43 million barrels of oil equivalent.

Oil 62
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Mastering NSTA Infrastructure Reporting: ArcGIS Pro Best Practice

Exprodat

The North Sea Transition Authority are the UKs oil, gas and carbon storage regulator, tasked with driving the energy transition in the North Sea. Embedding digitalisation and making data open and available is one initiative to drive this. As part of this, the Energy Act 2016 requires each UKCS operator to appoint a named Information and Samples Coordinator (ISC), who is responsible for reporting petroleum-related information to NSTA.

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Halliburton, Sekal Make Drilling Automation Breakthrough

Rigzone: News

Halliburton and Sekal AS said they delivered the world's first automated on-bottom drilling system.

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How POWWR Helps Energy Suppliers Maximize ARR Value

POWWR

Energy providers are laser-focused on managing supply costs, optimizing load forecasting, and ensuring reliability for their customers. Every decision revolves around maintaining competitive pricing and delivering power efficiently. But theres another financial opportunity hiding in plain sight one that many suppliers in PJM overlook: auction revenue rights (ARRs).

Energy 52
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US DOE Eases LNG Bunkering Restrictions

Rigzone: News

The US DOE withdrew a blanket order that extended LNG export regulations to ship-to-ship transfers of LNG for use as marine fuel.

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Mastering NSTA Infrastructure Reporting: ArcGIS Pro Best Practice

Exprodat

The North Sea Transition Authority are the UKs oil, gas and carbon storage regulator, tasked with driving the energy transition in the North Sea. Embedding digitalisation and making data open and available is one initiative to drive this. As part of this, the Energy Act 2016 requires each UKCS operator to appoint a named Information and Samples Coordinator (ISC), who is responsible for reporting petroleum-related information to NSTA.

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North America Adds Rigs WoW

Rigzone: News

North America added five rigs week on week, according to Baker Hughes' latest North America rotary rig count.

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EnerMech awarded pre-commissioning contract by SBM Offshore

Oilfield Technology

EnerMech awarded pre-commissioning contract for ONE GUYANA FPSO by SBM Offshore.

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Students find their fit in STEM

SmartBrief

Preparing students for future job success starts with aptitude discovery and career exposure. Allowing students to see their strengths and talents helps guide them toward careers they may not have otherwise considered. They can see what theyre naturally good at and explore options that match their abilities and interests. Changing the trajectory: A student success story A study on the gender gap in STEM fields underscores the importance of exposure, particularly for female students.

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Vaalco acquires 70% interest in and becomes operator of offshore Côte D’Ivoire CI-705 block

Oilfield Technology

VAALCO Energy, Inc. has announced that it has farmed into the CI-705 block offshore Côte dIvoire.