OilPrice

MARCH 7, 2025

While the slowdown in U.S. oil production continues, rallying natural gas prices are setting the stage for a rebound in Americas gas output this year, following months of output curtailments in 2024. Slowing natural gas production last year, fast-depleting inventories during the coldest winter in years, and record-high flows to LNG facilities and LNG exports have pushed the benchmark U.S. natural gas prices above the $4 per million British thermal units (MMBtu) level, up by 160% in one year.

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POWER Magazine

MARCH 5, 2025

Next week, the worlds most influential energy conference, CERAWeek, will see more than 10,000 delegates assemble to hear from the industrys leaders about the future of energy. The conference has […] The post Tripling Nuclear Energy Capacity by 2050: Maximizing a High-Energy Future for Data Centres, Refineries, Manufacturing, and Beyond appeared first on POWER Magazine.

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Refinery Manufacturing Energy Energy 334

Energy Voice

MARCH 5, 2025

In 1834 Jean Charles Peltier, a French watchmaker and part-time physicist, found that an electrical current would produce heating or cooling at the junction of two dissimilar metals. The post Heat pumps could be set for a revolution appeared first on Energy Voice.

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Energy Energy 312

Marcellus Drilling News

MARCH 7, 2025

Sorry to be so blunt: You can’t fix stupid. You can only call attention to it, which is what we’re doing with a group of “40 to 50” protesters who gathered yesterday at the Ohio Statehouse to protest drilling for oil and gas under state-owned land, including drilling under (not on) state parks. It was. The post Antis Rally at OH Statehouse to Protest Fossil Fuels They Were Wearing first appeared on Marcellus Drilling News.

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OilPrice

MARCH 7, 2025

Russia attacked energy and gas infrastructure in Ukraine early on Friday, the Ukrainian energy minister and national gas firm Naftogaz said. Naftogaz Groups gas production infrastructure has come under attack for the seventeenth time, causing damage to critical gas production sites, acting Naftogaz chairman of the board, Roman Chumak, said in a statement on Friday.

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Gas Energy Energy 340

POWER Magazine

MARCH 4, 2025

A Canada-based crypto mining company is acquiring two Pennsylvania coal-fired power plants as part of its purchase of a digital mining group. The post Canada Bitcoin Miner Acquiring Two Pennsylvania Coal Plants appeared first on POWER Magazine.

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IT Energy Energy 328

Oil & Gas 360º

MARCH 6, 2025

(World Oil) –Ecuadors President Daniel Noboa has ordered a consortium seeking to take over the nations top oil asset to pay an entry fee of $1.5 billion by March 11, moving up the deadline by more than three weeks. Noboa has warned he will cancel the deal without the early payment. The motive is simple: If they dont respond with the urgency the Ecuadorian people deserves, we will analyze other options, Noboa said, citing security and social spending needs in a letter to the public he poste

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OilPrice

MARCH 6, 2025

The eight OPEC+ countries that pledged additional voluntary output reductions in 2023 have announced that they will proceed with their plan to gradually roll back the reductions. A statement posted on OPEC's website on Monday revealed that Saudi Arabia, Russia, the United Arab Emirates, Iraq, Kuwait, Kazakhstan, Oman and Algeria will start unwinding a 2.2 million barrel per day cut from April.

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Barrel Gas Oil 333

POWER Magazine

MARCH 4, 2025

PPL subsidiaries Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) have proposed to upgrade environmental controls at a 1974-built coal unit, build two new gas-fired power plants […] The post LG&E, KU Propose $3.7B Power Buildout: 1.3 GW of New Gas Plants, $153M Coal Unit Upgrade appeared first on POWER Magazine.

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Gas E&A Utilities Engineering 321

Oil & Gas 360º

MARCH 4, 2025

(Oil & Gas 360) – EnerCom Announces Initial List of Presenting Companies for the 30th Annual Energy Investment Conference to be Held August 1720, 2025 in Denver, Colorado EnerCom Denver The Energy Investment Conference will celebrate 30 years of bringing together the broader energy sector, including companies, investors, analysts, and industryleaders!

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Energy Energy Management Oil 200

Marcellus Drilling News

MARCH 4, 2025

According to the Wall Street Journal, Shell is “exploring a potential sale of its chemicals assets in Europe and the U.S.,” according to “people familiar with the matter.” The review and potential sale are part of a continuing drive to refocus the companys business on its most profitable operations. One of the petchem assets that.

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OilPrice

MARCH 6, 2025

Natural gas prices recently soared to their highest levels in two years, driven by a combination of extreme weather, supply constraints, record liquefied natural gas (LNG) exports, and global demand pressures. This surge has significant implications for consumers, industries, and energy markets worldwide. Severe Weather is Driving Demand Higher Arctic conditions across North America and Europe have dramatically increased heating demand, leading to higher natural gas consumption.

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Natural Gas Gas Energy Energy 327

POWER Magazine

MARCH 5, 2025

One-day summit to lead critical market discussions on data center energy demand and power sector solutions, kicking off POWERs long-standing Experience POWER conference this October in Denver. Rockville, Maryland (March […] The post POWER Announces Debut of New Data Center POWER eXchange (DPX) Conference Focused on Power Demand for Digital Transformation appeared first on POWER Magazine.

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Energy Energy 308

Energy Outlook Advisors

MARCH 3, 2025

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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Marcellus Drilling News

MARCH 5, 2025

Kentucky has seen unprecedented economic growth in recent years, like other southern states. Data centers are looking to Kentucky for future expansion. Last fall, Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU), both part of PPL Corporation, forecasted in their Integrated Resource Plan (IRP) the need for additional power generation due to.

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Utilities Gas 243

OilPrice

MARCH 6, 2025

European leaders are set to urge EU authorities and Ukraine to intensify talks over a possible resumption of Russian gas transit through Ukraine. Slovakias Prime Minister Robert Fico has revealed that hes not ruling out the resumption of gas through Ukraine following the expiration of a 5-year transit deal between Moscow and Kyiv. Fico has been pushing President Volodymyr Zelenskiy to restart the transit, citing higher energy costs for Slovakia and the whole region.

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Gas Energy Energy 320

POWER Magazine

MARCH 7, 2025

Dominion Energy has asked Virginia officials to approve its request to build a new 1-GW natural gas-fired power plant, as the company seeks to add more generation capacity to help serve surging demand from data centers. The post Dominion Seeks Virginia Approval for 1-GW Gas-Fired Power Plant appeared first on POWER Magazine.

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Gas Natural Gas Energy Energy 293

Enverus

MARCH 4, 2025

CALGARY, Alberta (Mar. 4, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released a report looking at how power plant retirements have shifted in the last three years. After confirming a trend of rising retirement extensions, this report evaluates and lists the timing of natural gas plant retirements likely to be delayed, based on plant efficiency and projected power demand

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Natural Gas Gas Energy Energy 162

Marcellus Drilling News

MARCH 6, 2025

There are deadbeats in every industry, including (unfortunately) the oil and gas industry. Some O&G producers in West Virginia are gaming the system by not paying landowners/rights owners the royalties they are due. Typically, this does not apply to shale drillers, mostly larger companies. However, with (some, very few) smaller conventional drillers, they just don’t.

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OilPrice

MARCH 7, 2025

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior. The total rig count fell by 1 rig, to 592, according to Baker Hughes, down 30 from this same time last year. The number of oil rigs stayed the samedown by 18 compared to this time last year.

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POWER Magazine

MARCH 3, 2025

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.

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Energy Energy 277

Energy Voice

MARCH 3, 2025

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.

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Offshore Government Energy Energy 162

Marcellus Drilling News

MARCH 5, 2025

In something of a bombshell announcement, the CEO of Mon Power parent First Energy said the company plans to replace its West Virginia coal plants with natural gas plants. Mon Powers Harrison and Fort Martin coal-fired plants are scheduled to shut down between 2035 and 2040. The company will construct 3 to 4 gigawatts (GW). The post First Energy Plans to Replace 2 WV Coal Plants with NatGas-Fired first appeared on Marcellus Drilling News.

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Energy Energy Natural Gas Gas 224

OilPrice

MARCH 6, 2025

French President Emmanuel Macron said it would be "madness" to ignore the threat Russia has become for Europe and said he is open to discussing the extension of France's nuclear deterrence to Paris's allies on the Continent. His comments on March 5 come on the eve of an emergency meeting of European Union leaders set in Brussels to discuss ramping up military budgets, a key demand of the US administration amid concerns over Washingtons commitment to NATO and European security matters.

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IT 310

POWER Magazine

MARCH 2, 2025

Jon De Martin, CEO of Australia-based SCE Energy Solutions, talks with POWER about his company's work with solar power technology for commercial and industrial enterprises. The post The POWER Interview: O&M Solutions for C&I Solar Installations appeared first on POWER Magazine.

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Energy Energy Maintenance Operator 250

Malcolm Graham Wood

MARCH 7, 2025

Oil has bounced today and is only $2 down on the week.Today DEC remind markets about dilution, not and JOG see Dana step back from the FPSO. A preliminary announcement says that EnQuest and Serica are in talks and Hunting has made an aquisition as promised. Finally Tower are beginning to get a move on and EOG is getting underway at Cloughton. The post Oil price, DEC, Serica, JOG, Hunting, Tower, EOG.

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Marcellus Drilling News

MARCH 5, 2025

The number of rigs deployed to drill for natural gas in the United States decreased over the last two years, according to stats from the U.S. Energy Information Administration (EIA). U.S. natural gas-directed rigs decreased 32% (50 rigs) between December 2022 and December 2024. The decline was concentrated in the natural gas-rich Haynesville and Marcellus/Utica.

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Natural Gas Gas Energy Energy 221

OilPrice

MARCH 7, 2025

Saudi Arabia just dialed back its crude prices for Asia, according to Aramcos just-published rate sheet. The company has trimmed official selling prices (OSPs) for the first time in three months, with Aramcos April price sheet now showing Arab Light at $3.50 per barrel over Oman/Dubai, a 40-cent cut. Thats after last months price spike, driven by U.S. sanctions squeezing Russian supply.

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Barrel Oil IT 297

POWER Magazine

MARCH 5, 2025

From the Midwest to the South, the U.S. has experienced dangerous cold snaps this winter that challenge grid operators to meet rising heating demands. These temperature extremes are driven in […] The post Leveraging VPPs to Prepare Utilities for Extreme Weather appeared first on POWER Magazine.

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Utilities Operator Engineering Engineer 226

Malcolm Graham Wood

MARCH 6, 2025

Oil stays under pressure today. Touchstone have published reserves more in line with company expectations and Hunting have produced a cracking set of figures with lots of upside. The post Oil price, Touchstone, Hunting. appeared first on Malcy's Blog.

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Oil 147

Marcellus Drilling News

MARCH 7, 2025

One year ago in March 2024, MDN told you about a new strategy by Chesapeake Energy (now Expand Energy) to drill new shale gas wells but leave them offline (see Chesapeake Brings Japanese Just in Time Concept to Gas Wells). As explained in that article, the company does more than drill DUCs (drilled but uncompleted. The post Expand Energys Just in Time Program Equals Profits on Demand first appeared on Marcellus Drilling News.

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Gas Energy Energy 190

OilPrice

MARCH 7, 2025

Shell has started first oil production from the next development phase of a deepwater oil project offshore Malaysia, the UK-based supermajor said on Friday as Europes largest oil and gas companies are pivoting back to strategies to boost output of fossil fuels. Shells subsidiary Sabah Shell Petroleum Company Ltd, announced first oil production from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East deepwater offshore development project.

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Offshore Oil Petroleum Gas 285

POWER Magazine

MARCH 3, 2025

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.

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IT Finance Energy Energy 228

Malcolm Graham Wood

MARCH 4, 2025

Oil under pressure due to Opec. Savannah is back from suspension with a raise and UJO gets better at Moccasin. NTOG raise and Predator are ready to drill. The post Oil price, Savannah, UJO, NTOG, Predator. And finally… appeared first on Malcy's Blog.

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Oil Gas Energy Energy 147

Marcellus Drilling News

MARCH 5, 2025

Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), reported its fourth quarter and full-year 2024 numbers last week. The company drills Utica and Marcellus wells in Ohio. It also has an active drilling program in the Oklahoma SCOOP shale play. Gulfports net daily production in 4Q24 averaged. The post Gulfport Targets More NGLs & Crude Production in Ohio for 2025 first appeared on Marcellus Drilling News.

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Energy Energy IT 194

OilPrice

MARCH 6, 2025

The United States exported in February the highest crude oil volumes to India in more than two years as Indian refiners scramble for alternative supply after the latest U.S. sanctions on Russias oil trade. Last month, U.S. crude oil exports to India jumped to 357,000 barrels per day (bpd), according to vessel-tracking data from Kpler cited by Reuters.

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Crude Oil Oil Barrel 280

POWER Magazine

MARCH 3, 2025

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.

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Energy Energy Gas 221