Tue.Feb 11, 2025

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TVA, Type One Energy Ink Deal to Develop Commercial Fusion Power Plant

POWER Magazine

The pursuit of energy from fusion technology has taken another step forward, with the Tennessee Valley Authority (TVA) entering into a cooperative agreement with Type One Energy to jointly develop […] The post TVA, Type One Energy Ink Deal to Develop Commercial Fusion Power Plant appeared first on POWER Magazine.

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University of Nottingham announces new hydrogen propulsion lab

Energy Central

University of Nottingham announces new hydrogen propulsion lab

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USA Natural Gas Prices Experience Volatile Start in 2025

Rigzone: News

'The front month prices surpassed $4.0 per MMBtu on January 15, levels last seen in early 2023', analysts at BMI highlighted.

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Charging Down the Highway

Energy Central

Just a few years ago, electric trucks seemed like a distant dream. Yet in 2024, American companies deployed more than 15,000 medium- and heavy-duty electric vehicles (EVs)—including battery-electric semitrucks, passenger buses, and delivery vans. Fleet orders for 2024 and beyond are picking up speed, spurred by increasing battery ranges and falling battery prices, lower operating and.

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North America Ends Rig Gain Streak

Rigzone: News

The total North America rig count stands at 835, according to Baker Hughes' latest North America rotary rig count.

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That Giant Sucking Sound? It’s Climate Change Devouring Your Home’s Value.

Energy Central

First Street, a research firm that studies climate threats to housing and provides some of the best climate adaptation data available, both freely and commercially. The analysis predicts an extraordinary reversal in housing fortunes for Americans — nearly $1.5 trillion in asset losses over the next 30 years. How can that be? Consider this: The U.S. has sustained 403.

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Iberdrola, BP Start Building 25 MW Green Hydrogen Plant in Spain

Rigzone: News

Expected to start operation 2026, the project will rise next to BP's refinery in Castellon and is meant to replace the refinery's gray hydrogen with green hydrogen.

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Daily Energy Report

Daily Energy Report

February 11, 2025 Chart of the Day EOA: Large Gas Price Differentials Is Leading to LNG Carrier Diversion to Europe Summary Figure (1) plots TTF gas prices in Europe and JKM gas prices in Asia. Generally, gas prices have been increasing for a year. Prices in Asia were higher than in Europe, but that flipped in the last two months. The difference remains high enough for LNG carriers to divert to Europe.

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Wrapping Up 2024: A Year of Unprecedented Growth and Innovation at POWWR

POWWR

As we bid farewell to 2024, all of us at POWWR find ourselves reflecting on a year abundant with achievements and progress. From unveiling pioneering product innovations to forming strategic partnerships and reaching celebrated milestones, this year has truly echoed our relentless commitment to pushing the boundaries of excellence and innovation within the energy industry.

Energy 52
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Iraq to Expand Maysan Refinery with New 70,000 bpd Unit

Iraq Business News: Oil & Gas

By John Lee. The Iraqi Ministry of Oil has announced plans to expand Maysan [Missan] Refinery by adding a new refining unit with a capacity of 70,000 barrels per day (bpd), increasing the refinery's total output to 110,000 bpd. During a visit to the refinery, Deputy Minister for Refining Affairs Adnan Mohammed Hammoud emphasized that the project aligns with the government's strategy to develop the refining sector, enhance domestic production of petroleum products, and reduce reliance on imports.

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NNPC Reports 96 Percent Reduction in Routine Flaring at Anyala, Madu Fields

Rigzone: News

The flared gas is reinjected into a reservoir at the Madu field, and NNPC plans to commercialize the stored gas.

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PM Modi: Energy reforms to drive India’s growth and sustainability

Energy Central

Prime Minister Narendra Modi delivered his remarks at the India Energy Week 2025 via video message today. Addressing the gathering at Yashobhoomi, he emphasized that the attendees are not just part of the Energy Week, but are also integral to India's energy ambitions. He extended a warm welcome to all participants, including distinguished guests from abroad, highlighting their crucial role.

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Ocean Carbon Capture Tech Firm Launches Final Pilot Plant

Rigzone: News

Captura stated that it is proceeding with initial design work for its first large-scale commercial facility, with an expected annual capture capacity of tens of thousands of tons of CO2.

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Charting The Course - Reducing GHG Emissions from the US Natural Gas Supply

Energy Central

This topic is being discussed at the February 22 meeting in Washington, DC. Other topics include cybersecurity practices across Wholesale and Retail electricity data communications and Gas-Electric coordination to ensure energy reliability and resilience. Looking forward to seeing friends and colleagues on 2/22.

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Texas Oil Regulator Issued 666 Original Drilling Permits in January

Rigzone: News

The total includes 607 to drill new oil or gas wells, six to re-enter plugged wellbores, and 53 for re-completions, the RRC said.

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Exploring the Contrast between Shakespeare’s “A Midsummer Night's Dream” and Asteroid 2024 YR4…

Energy Central

Written By Germn & Co “Natural Gas: An Indispensable Element of the Energy Transition… AES's Innovative Approach to Natural Gas in Latin America… “Through the veins of Panama flows a symphony of life, where art beats like a tireless drum. Here, Rubn Blades rises not merely as a singer but as a griot of concrete and steel, his "Pedro.

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US Surpasses 50 GW of Solar Module Manufacturing Capacity: Industry Data

Rigzone: News

That is enough to cover nearly all domestic demand this year, according to the Solar Energy Industries Association.

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2nd Annual Conference on Airport Electrification US

Energy Central

Airports hold immense potential to drive the transition to a low-carbon future, offering vast opportunities for innovation and sustainability. The key challenge lies in identifying effective solutions for electrifying airport operations, including ground support, terminal facilities, and transportation. This transition is crucial not only for enhancing cost and energy efficiency but also for.

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Iberdrola Sells Hydropower Plant in Brazil to French Firms

Rigzone: News

Iberdrola sold the 350-MW Baixo Iguacu Hydropower Plant in the Brazilian state of Parana to EDF and STOA for $247.1 million.

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Valor | Energy Connection – Feb. 11, 2025

Valor

February 11, 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.

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Avangrid Signs Blue Creek Power Deal with American Municipal Power

Rigzone: News

Avangrid signed a short-term power purchase agreement with American Municipal Power for a portion of the energy produced from the Blue Creek wind farm in Ohio.

Energy 52
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Oil Market Update: What Global Oil Inventories Are Telling Us?

Energy Outlook Advisors

Global oil inventories declined significantly in recent weeks, as shown in the first 6 charts below. Even with the latest increases in inventories in some countries, inventories remain low. Was this due to increased demand or confusion from Biden's sanctions and reaction to Trump's tariffs? Discussion below.

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Aramco Becomes Platinum Member at The Open Group

Rigzone: News

Platinum membership provides Aramco the opportunity to have representation on the technology standards organization's governing board.