Tue.Dec 31, 2024

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Second Unit of South Africa Nuclear Plant Back Online After Major Maintenance

POWER Magazine

Eskom, South Africa’s major utility, said the second unit of the Koeberg nuclear power plant in that country was reconnected to the national grid after a major maintenance project. Eskom […] The post Second Unit of South Africa Nuclear Plant Back Online After Major Maintenance appeared first on POWER Magazine.

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Powering the future: Global demand, decarbonization, and innovation

Energy Central

Electricity’s role in the 21st century is being reshaped by rising global demand, the push for decarbonization, and technological innovations. Emerging economies like India and China are driving growth with industrial expansion and increased access to electricity, while regions like sub-Saharan Africa struggle with limited energy access. The digital revolution, including data centres.

Energy 59
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Saudi Group Announces 1 GW of Renewables as Part of $50 Billion China Investment

POWER Magazine

Saudi Arabia energy major ACWA Power announced it is developing more than 1 GW of renewable energy projects in China. The company in reports published Dec. 31 said the portfolio […] The post Saudi Group Announces 1 GW of Renewables as Part of $50 Billion China Investment appeared first on POWER Magazine.

Energy 162
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Where Will UK Oil Production Land in 2024 and 2025?

Rigzone: News

The EIA's latest STEO offered a projection.

Oil 52
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Hydrogen fueled aircraft | FAA, Certification

Energy Central

Hydrogen fueled aircraft | Certification The aviation industry is investing in hydrogen-powered aircraft as US companies are seeking to keep pace with significant investments in Europe and elsewhere to capitalize on the market for sustainable aircraft. At the forefront of our efforts is aviation safety. We have developed this roadmap to outline the current knowledge, key.

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Baytex Closes Sale of Saskatchewan Asset

Rigzone: News

Baytex said it has updated its 2025 production guidance to 148,000 to 152,000 boepd from 150,000 to 154,000 boepd.

IT 52
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2025 – The Year Ahead - Personal freedom and fiscal restraint

Energy Central

“Predictions are hard, especially about the future.”, Niels Bohr In 2025,the past is unlikely to be prolog. President-elect Trump is reportedly prepared to sign ~300 Executive Orders (EOs) “on day one” (Sounds like writer’s cramp to me.) The bulk of these EOs would reverse EOs issued during the Biden Administration. Many EOs are expected to deal.

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USA Crude Oil Inventories Drop More Than 4MM Barrels WoW

Rigzone: News

Crude oil stocks, not including the SPR, stood at 416.8 million barrels on December 20, according to the EIA.

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RRC Adopts Significant Overhaul of Oil, Gas Waste Management Rules

Rigzone: News

The Texas Railroad Commission announced that it has 'adopted a significant overhaul of rules regulating oil and gas waste management facilities in Texas'.

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AltaGas Advances Global LPG Export Plans

Rigzone: News

AltaGas said it continues to advance additional long-term tolling arrangements.

IT 52
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EQT, Temasek Sell Indian Energy Firm O2 Power for $1.5 Billion

Rigzone: News

EQT and Temasek sold their Indian renewables joint venture O2 Power to local player JSW Energy for $1.5 billion.

Energy 52
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Seadrill Exits Jackup Market

Rigzone: News

Seadrill sold the West Prospero rig to an undisclosed buyer for $45 million, exiting the jack-up sector.

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