POWER Magazine
JANUARY 25, 2025
TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy […] The post Bill Gates’ TerraPower Has Deal to Use Nuclear Power for Data Centers appeared first on POWER Magazine.
Energy Voice
JANUARY 31, 2025
An arcane Ofgem decision is bearing fruit. The regulators move to carve out space for demand-side response in the UK market has triggered a significant 1 billion investment from French energy technology company Voltalis. The post Voltalis pledges 1bn after Ofgem demand response reform appeared first on Energy Voice.
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Energy Outlook Advisors
JANUARY 30, 2025
After two years of divergent forecasts, the IEA, OPEC, and EIA's 2025 global economic growth predictions are surprisingly close, though differences between OPEC and the IEA remain relatively large. Interestingly, these forecasts align closely with ours.
Oilholics Synonymous Report
JANUARY 29, 2025
(Left to right: Leigh Hackett, Chairman of Metafuels, Marco Ranocchiari, Leader of Energy Systems Integration platform, Paul Scherrer Institute, Gaurav Sharma, Energy Analyst, Oilholics Synonymous, Saurabh Kapoor, CEO of Metafuels at the Aerobrew pilot plant and laboratory.) Last month, the Oilholic headed out to the Paul Scherrer Institute in Wrenlingen, Switzerland, to visit a laboratory and pilot site run by start-up firm Metafuels.
POWER Magazine
JANUARY 29, 2025
Talen Energy has reached an agreement with PJM Interconnection, the Maryland Public Service Commission, Maryland electric utilities, consumer representatives, and the Sierra Club to extend operations at its 1.3-GW coal-fired […] The post Talen, PJM Reach Agreement to Keep 2 GW of Coal, Oil Generation Online for Reliability in Maryland appeared first on POWER Magazine.
Oil and Gas Lawyer
JANUARY 28, 2025
Our firm represented the Opielas in two cases involving a Magnolia horizontal well in Karnes County: a suit against Magnolia in Karnes County, and a suit against the Texas Railroad Commission in Travis County. In both cases the Opielas contended that Magnolia had no right to drill a horizontal well located partly on their land. Because this was a significant case addressing allocation and PSA wells, this post will go into the somewhat complex facts and history in some detail.
Energy Outlook Advisors
JANUARY 30, 2025
January 30, 2025 EOA’s Main Takeaway Crude, gasoline, and distillate inventories have followed their historical trends. However, the decline in distillate inventories was higher than usual. Even so, we should take these numbers with grains of salt because they are influenced by the freezing weather that shut down some refineries. We will know in the coming weeks if US oil demand is growing.
Energy Aggregated brings together the best content for energy professionals from the widest variety of industry thought leaders.
POWER Magazine
JANUARY 29, 2025
In the face of escalating climate challenges, renewable energy asset owners come to a critical crossroads: invest in resilient, hardened assets or opt for standard equipment to minimize upfront costs. […] The post Examining the Real Cost of Renewable Resiliency appeared first on POWER Magazine.
True Natural Gas
JANUARY 26, 2025
Natural gas is one of the most important energy sources powering homes, businesses, and industries worldwide. It fuels electricity generation, heats buildings, and serves as a key ingredient in many everyday products. But have you ever wondered how natural gas is formed? The process takes millions of years, involving ancient organic material, immense pressure, and the slow work of time.
EnergyTrend
JANUARY 26, 2025
1GWh! Envision Energy Starts Construction of Overseas Energy Storage Bases AccordingtoOfficialAmount@EnergyStorage001,EnvisionEnergy'sproductionbaseforsmartwindturbinesandsmartenergystoragesystemsinJetsu,Kazakhstan,wasofficia.
POWER Magazine
JANUARY 25, 2025
Prominent private equity investment firm Blackstone has agreed to acquire the 774-MW Potomac Energy Centera natural gas power plant located in Virginias Data Center Alleyin a deal valued at approximately […] The post Blackstone to Acquire 774-MW Virginia Gas Plant in ‘Data Center Alley’ in Reported $1B Deal appeared first on POWER Magazine.
Rigzone: News
JANUARY 31, 2025
'As power demand surges, LNG has a critical role to play in providing a reliable, flexible fuel source that can be quickly scaled to meet rising demand', Baker Hughes Chairman and CEO Lorenzo Simonelli said.
Energy Central
JANUARY 31, 2025
The energy industry is undergoing a massive transformation, driven by the urgent need for clean, sustainable solutions. As a CXO, you have a unique opportunity to lead this transition and shape the future of energy. Investing in renewable resources is no longer just an ethical choice; it's a strategic imperative that can drive innovation, reduce costs, and enhance your brand reputation.
Keystone Energy Tools
JANUARY 30, 2025
Are you looking to better understand rig tongs and their role in your oil patch operation ? In this blog, well explore what rig tongs are, how they work, the types available, and the benefits they bring to your operations. Whether youre new to the oil and gas industry or just brushing up on your knowledge, understanding rig tongs is essential for ensuring efficiency and safety on-site.
POWER Magazine
JANUARY 26, 2025
Analysis of the levelized cost of energy shows how renewables have become more cost-efficient every year. Today, the least-expensive way to meet energy needs is with renewable resources. For industries […] The post Building the Largest Clean Energy Microgrid in Puerto Rico appeared first on POWER Magazine.
Rigzone: News
JANUARY 31, 2025
Ship classification organization ABS granted approval in principle for an FPSO vessel for blue ammonia designed by Japanese firms MODEC and TOYO.
Energy Central
JANUARY 29, 2025
The massive US and worldwide transportation sectors are fueled mostly by crude oil. Although ethanol and compressed natural gas (CNG) have grown to 6% and 2%, respectively of the US total, gasoline, diesel, and jet fuel account for more than 90% with very little from electric vehicles (EVs) using electricity or fuel cell vehicles (FCVs) using hydrogen.
POWWR
JANUARY 30, 2025
Companys Energy Barometer Report finds that businesses in North Wales are paying over 2000 more for their energy than those in the North East of England
POWER Magazine
JANUARY 29, 2025
PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJMs capacity market pricing, agreeing to lower the grid operators auction price cap from over $500/MW-day to $325/MW-day. […] The post PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap appeared first on POWER Magazine.
Rigzone: News
JANUARY 31, 2025
The company's development and production capital expenditure is projected to be between $400 million and $430 million.
Energy Central
JANUARY 31, 2025
Western Australia is investing in hashtag#batteries in a big way and it was great to discuss what this means with the Australian Broadcasting Corporation (ABC) recently. The scale of batteries being installed is enormous compared to the size of the main grid in WA. By the end of next year the state will have over 2,000 MW of batteries, which is a large proportion of the average 2,800 MW.
Oil & Gas Journal
JANUARY 30, 2025
Work in the Gulf of Mexico will receive more than $400 million while Eagle Ford assets will get $360 million. Executives think issues from a pretty rough quarter of operations will be resolved by mid-year.
POWER Magazine
JANUARY 28, 2025
Cisco, a global technology company, and Gridspertise have signed a memorandum of understanding (MoU) to develop and deploy new solutions for the digital innovation in electricity grids. The companies announced […] The post Cisco, Gridspertise Join to Support Grid Digitization appeared first on POWER Magazine.
Rigzone: News
JANUARY 31, 2025
Valero reported $207 million in adjusted net profit for the fourth quarter of 2024, down from $1.21 billion for the same three-month period 2023 as refining margins fell.
Energy Central
JANUARY 31, 2025
Every week, I host 'The KJ Show,' which offers a mix of breaking news and practical advice on how the energy industry affects the consumer. During this fast-paced show, I combine weekly energy updates with conversations with leaders in the energy efficiency community. After each show, I'll share it here with the Energy Central Community in case you were unable to join me live.
True Energy
JANUARY 28, 2025
Written by Marc Published January 29, 2025 Written by Marc Published January 29, 2025 AI and the Energy Grid: 10 Use Cases for Utilities AI and the energy grid are becoming closely connected as grids grow more complex and electrification increases. AI can help save billions by improving grid operations, making energy systems more flexible, and solving key energy challenges.
POWER Magazine
JANUARY 25, 2025
Shell Energy North America (SENA), a subsidiary of Shell, announced it has completed the 100% equity stake acquisition of RISEC Holdings (RISEC), which owns a 609-MW two-unit combined-cycle gas-fired power […] The post Shell Subsidiary Completes Purchase of Rhode Island Gas-Fired Power Plant appeared first on POWER Magazine.
Rigzone: News
JANUARY 31, 2025
Enverus Intelligence Research revealed that 2024 'closed with $105 billion in U.S. upstream deals'.
Energy Central
JANUARY 30, 2025
Excessive indoor humidity in homes is a serious and worsening problem. Not only is it a threat to our health, but it also threatens building structures and internal finishes. Mostly, people rely on their central air conditioners to manage humidity, but this equipment isn’t especially good at this task. Usually, air conditioners don’t know what the humidity is in the house and.
True Energy
JANUARY 29, 2025
Written by Marc Published January 30, 2025 Written by Marc Published January 30, 2025 EV Fleet Management and V2G for Fleet Managers EV Fleet Management and V2G could transform how businesses optimize vehicle operations and interact with the energy grid. Enabling fleets with vehicle-to-grid solutions can unlock cost savings, enhance grid stability, and drive a more sustainable energy future.
POWER Magazine
JANUARY 27, 2025
India’s government is pledging billions in financial support for the country’s ambitions around artificial intelligence (AI), and a Mumbai-headquartered energy group has said it plans to build what it calls […] The post India Energy Group Plans ‘World’s Largest’ Data Center appeared first on POWER Magazine.
Rigzone: News
JANUARY 31, 2025
Murphy Oil increased its quarterly cash dividend by eight percent, even as fourth-quarter earnings took a hit from lower production and prices.
Energy Central
JANUARY 28, 2025
As I start to write this, we are in the middle of a disaster that is playing out in Southern California. I have lived in Northern California (SF Bay Area) for most of my adult life, but lived in SoCal for a couple of years right after I graduated in 1975 (BSEE, Texas Tech). The above disaster was caused by an unfortunate (and freaky) series of major weather anomalies, which automatically.
Oil & Gas Journal
JANUARY 29, 2025
PT Pertamina let a contract to ABL Group ASA to deliver services for a project to improve asset management and maintenance for a modernization program at PT KPI's Cilacap complex in Central Java.
POWER Magazine
JANUARY 28, 2025
Two much-watched advanced nuclear fuel technology companiesOklo and Lightbridgewill consider co-locating their commercial metallic fuel fabrication facilities to explore synergies and potentially accelerate innovation across the nuclear supply chain. Under […] The post Lightbridge, Oklo to Explore Co-Located Advanced Nuclear Fuel Fabrication Facilities appeared first on POWER Magazine.
Rigzone: News
JANUARY 31, 2025
The EIA's next weekly petroleum status report is scheduled to be released on February 5 and will include data for the week ending January 31.
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