Thu.Feb 20, 2025

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NRC Proposes Deep Fee Cuts for Advanced Nuclear

POWER Magazine

The Nuclear Regulatory Commission (NRC) has proposed to sharply reduce its hourly service feesby more than 50%for advanced nuclear reactor applicants and pre-applicants in a move designed to incentivize innovation […] The post NRC Proposes Deep Fee Cuts for Advanced Nuclear appeared first on POWER Magazine.

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The Emperor’s New Clothes: Will supermajors survive the energy transition?

Energy Voice

Oil and gas supermajors' swan legs are kicking frantically below the surface as they attempt to navigate the energy transition. In the first of a two-part series, we examine Equinor's approach. The post The Emperors New Clothes: Will supermajors survive the energy transition? appeared first on Energy Voice.

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Last Energy Secures UK Nuclear Licensing Milestone for South Wales SMR Project

POWER Magazine

Last Energy has formally launched the UKs nuclear site licensing (NSL) process for plans to develop four 20-MWe microreactors in South Wales, becoming the first small modular reactor (SMR) developer […] The post Last Energy Secures UK Nuclear Licensing Milestone for South Wales SMR Project appeared first on POWER Magazine.

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TCL Zhonghuan Makes Progress in Subsidiary Asset Acquisition, Accelerating Global Expansion

EnergyTrend

TCL Zhonghuan Makes Progress in Subsidiary Asset Acquisition, Accelerating Global Expansion AccordingtoSolarzoom,onFebruary19,TCLZhonghuanannouncedprogressontheacquisitionofasubsidiary'sequity.Accordingtotheannouncement,thecompanyplanstoacqui.

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CNOOC Starts Production in Luda 5-2 North Phase 2 in Bohai Sea

Rigzone: News

'CNOOC Limited made major technological breakthroughs in this project and significantly enhanced the development efficiency of offshore super heavy oil'.

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5 billion! Phase I of FuturaSun N-Type Cell Base Project Was Completed

EnergyTrend

5 billion! Phase I of FuturaSun N-Type Cell Base Project Was Completed AccordingtoGuangfu.BJX.Com,onthemorningofFebruary10,theGeneralAssemblyofProjectAttackandOptimizationofBusinessEnvironmentinQingjiangpuDistrict,Huai'an.

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Incoming Devon CEO steps back acquisition activity to focus on value ‘underfoot'

Oil & Gas Journal

Executives also are dissolving a partnership with BPX in the Eagle Ford and expect big cost savings on drilling and completion work.

More Trending

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Calcasieu Pass LNG in Louisiana to Start 'Commercial Operation' April

Rigzone: News

The Cameron Parish export facility already began production 2022 but has not supplied offtakers.

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The Role of TPIs in the Future of Energy Solutions

POWWR

As the world moves toward a net zero future, the traditional ways of buying, selling, and managing energy solutions are transforming rapidly. Energy suppliers are having to balance a growing demand for sustainable solutions, increasing regulatory pressures, and the need for more efficient pricing strategies, all while trying to maintain their bottom line and grow revenue.

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Daily Energy Report

Daily Energy Report

February 20, 2025 Chart of the Day EOA: China’s Oil Inventories Declined to Lowest Level Since Early 2020 Subscribe now Summary Figure (1) shows trends in China’s weekly oil inventories in 2024. Invetories have declined significantly in recent months to the lowest level since early 2020.

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Woodside Posts 2P Reserves of 3.09 Billion Boe

Rigzone: News

The figure is up 46.2 million barrels of oil equivalent from year-end 2023 when excluding divestments and production.

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Serpentinite Carbon Capture

Energy Central

AAAS:"Farm fertilizer could suck carbon dioxide from the atmosphere." A new study reported in Nature suggests a way to accomplish [in]direct air capture [DAC] of carbon dioxide using natural minerals. Mimics the natural entrapment of CO2 by what is usually the slow but inexoraable process of weathering. "Since the start of the Industrial Revolution in the 1760s.

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Bab el-Mandeb Strait Maritime Traffic Sees Significant Downturn

Rigzone: News

'LNG and LPG carriers have shown the most severe impact', Dryad Global said.

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Argus Clean Ammonia Asia Conference 2025

Energy Central

Returning to Tokyo after a successful launch event, join regional and international senior stakeholders to discuss new opportunities and form partnerships at the core of one of the world's key demand centres for clean ammonia. Japan has played a pivotal role in ongoing global discussions on the adoption of clean ammonia to decarbonise industries, transitioning to a net zero world.

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BKV to Develop Texas CCS Facility with Midstream Firm

Rigzone: News

BKV will purchase the carbon dioxide (CO2) waste stream from the plant, which will then be compressed, transported and permanently sequestered via BKV's injection well at an adjacent site.

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Learning AI

Energy Central

I’ve known for several years that the Artificial Intelligence Revolution started in my home area (the San Francisco Bay Area). Of course, the SF Bay Area is in Northern California. California has some of the greatest advanced educational institutions in the world. In the SF Bay Area, we have Stanford and UC Berkeley, among several others. State-wide we have the California State.

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USA EIA Forecasts Gasoline Price Drop in 2025 and 2026

Rigzone: News

'Compared with 2019, we forecast four percent less U.S. motor gasoline consumption in 2025 and five percent less in 2026', the EIA said.

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Why partnering with a recruitment agency saves you money

Airswift: Oil & Gas

Choosing the right hiring strategy for your business When roles need to be filled in your company, you typically have three hiring options: Hire internally: Hiring from within can be the simplest approach if you have the right talent in-house. Identify the best fit within your team or department and promote them to the role. Manage the hiring process in-house: You or your recruitment team handle job postings, CV reviews, interviews and more.

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Devon Q4 Earnings Down despite Record Production

Rigzone: News

Devon's oil production in the fourth quarter reached a record 398,000 barrels per day.

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Troubled electric vehicle maker Nikola files for bankruptcy protection

Energy Central

Nikola

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Oil, Gas Sector Sees Dip in Contract Volume, GlobalData Reveals

Rigzone: News

Despite the dip in volume, the overall contract value remained stable, driven by the announcement of some major contracts in Africa, GlobalData stated.

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California’s Latest Attack on Oil Industry Reveals Misplaced Priorities

Energy Central

This month, California State Sen. Scott Wiener introduced a bill that would allow Californians, private insurance companies, and the state’s insurer of last resort to sue oil and gas companies for wildfire damages. The new bill takes the premise of California’s climate lawsuit – which is already on shaky legal ground, as similar suits are facing a string of.

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Cargill, Hafnia Launch Bunkering Joint Venture

Rigzone: News

The JV initially represents 7.5 million metric tons in bunkering volume.

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Low Carbon Fuels | Unlocking Stacked Revenue Optionality

Enverus

With $28 billion in clean fuels M&A since 2021, the sector has outpaced all other carbon innovation categories combined. However, the industry sits at a crossroad as an increasing supply of low-carbon fuels exerts downward pressure on U.S. credit prices, fundamentally reshaping market dynamics. In our inaugural Clean Fuels Fundamentals, Enverus Intelligence Research (EIR) examined how industry participants can adapt to these shifts, building more resilient business models to sustain long-te

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California Phaseout of Fossil Fuel Cars Faces Congress Test

Rigzone: News

'The EPA will be transmitting to Congress the Biden administration's rules granting waivers that allowed California to preempt federal car and truck standards'.

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Crypto and Trump gang up on FDIC over debanking: 'Our story is pretty ridiculous'

CNBC: Energy

After years of struggles with the Biden administration, crypto executives have allies across Washington, and now have a platform to voice their complaints.

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