OilPrice

MARCH 7, 2025

Oil prices took a hit this week, and according to Rystad Energy, the bearish mood is realbut temporary. Rystads Mukesh Sahdev, Global Head of Commodity Markets - Oil, notes that the market is fixated on oversupply fears, especially as time spreads narrow dangerously close to contango. Higher flows from Kazakhstan

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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

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Oil Utilities Operator Energy 290

POWER Magazine

JANUARY 24, 2024

Renewable energy in Brazil will get a boost after the chief executive of Petrobras, the country’s state-run oil giant, said the company will begin buying solar power and onshore wind […] The post Brazil Oil Major Buying Renewable Energy Assets appeared first on POWER Magazine.

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Oil Energy Energy Offshore 173

OilPrice

MARCH 6, 2025

Indonesia is going all-in on oil with a massive $12.5 billion refinery project, aiming to cut imports, boost energy security, and flex some refining muscle. We will build a refinery that, In shaa Allah, will have a capacity of approximately 500,000 barrels, Energy Minister Bahlil Lahadalia

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OilPrice

MARCH 6, 2025

Latin America has long been a dominant force in the global energy market, built on vast oil and gas reserves. While the world increasingly eyes renewable sources of energy for the future, hydrocarbons remain the bedrock of economic stability for the region.

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Energy Energy Oil Gas 208

POWER Magazine

JULY 1, 2024

Brazilian independent power generator Epasa faced significant environmental and operational challenges with heavy fuel oil sludge. Through innovative engineering and problem-solving, the company developed a The post Epasa Breakthrough Transforms Heavy Fuel Oil Sludge into Resource Stream appeared first on POWER Magazine.

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Oil Engineer Engineering Operator 246

POWER Magazine

OCTOBER 1, 2024

Oil shale doesn’t fuel a lot of power plants around the world, but in Jordan, it’s a vital option, offering energy security and independence. The success of the Attarat Power Plant in capitalizing on this The post Attarat Power Plant Unlocks Domestic Energy Source for Jordan appeared first on POWER Magazine.

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OilPrice

MARCH 10, 2025

Global trade in fossil fuels peaked in 2017 and is set to decline as nations seeking energy security accelerate investments in renewable energy and nuclear power, Carlyle Groups Jeff Currie wrote in a research note Monday. energy mix is likely to remain skewed toward fossil fuels thanks to the countrys abundant supply.

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Oil Energy Energy 273

OilPrice

MARCH 12, 2025

Despite being the worlds biggest polluter, China is also a renewable energy superpower. Following decades of investment, China is the worlds biggest green energy producer, and its renewable energy capacity keeps on growing. As Chinas renewable energy sector continues to expand, how long will this last until the bubble bursts?

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IT Energy Energy Oil 224

POWER Magazine

SEPTEMBER 19, 2023

In the common global quest for sustainable and renewable energy sources, traditional oil and gas producers are beginning to focus on alternative sources. Geothermal is emerging as one of the […] The post Geothermal: Hydrocarbon Sector’s Evolution to Own the Energy Revolution appeared first on POWER Magazine.

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Energy Energy Sustainable Sustainability 259

OilPrice

MARCH 12, 2025

Crude oil inventories in the United States saw an increase of 1.4 Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. crude oil inventories amid strong product draws. crude oil inventories amid strong product draws.

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American Petroleum Institute Crude Oil Barrel API 314

Malcolm Graham Wood

FEBRUARY 28, 2025

Oil is down a down a dollar today as tariffs and politics create pressure and uncertainty. The post Oil price, Diversified Energy Company, Corcel. Today DEC complete the Summit deal and unveil a creative and hugely oversubscribed securitisation. And Corcel has announced another stake in the company of 4.5% by Daniel Kaufman.

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OilPrice

MARCH 10, 2025

Abu Dhabis national oil company ADNOC is considering an initial public offering of its newly-created energy investment firm XRG on a stock market outside the United Arab Emirates, in what could be one of the worlds biggest IPOs ever, Reuters reports, citing sources with knowledge of the plans.

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IT Energy Energy Oil 219

Oil & Gas 360º

MARCH 11, 2025

(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Energy Information Administration data) U.S. The drop resulted from the number of rigs drilling for oil dropping from 680 to 180.

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Oil Natural Gas Gas BCF 130

Malcolm Graham Wood

MARCH 10, 2025

Oil is down 50 cents today as Chinese inflation data disappoints. The post Oil price, DEC, Savannah. Today DEC join a group to address the growing data centre demand and Savannah have closed the SIPEC acquisition. And finally… appeared first on Malcy's Blog.

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Oil Energy Energy 162

OilPrice

MARCH 11, 2025

The government of Kazakhstan is talking with the supermajors operating its oil fields to reduce production in line with the OPEC+ agreement to which the Central Asian country is a party. We are in phases of discussions with the majors, we are having an open dialogue, energy minister Almasadam Satkaliyev said, as quoted by Reuters,

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Oil Barrel Field Government 183

POWER Magazine

MAY 15, 2024

For more than a century, fossil fuel companies have drilled oil and gas wells to increase the production, consumption, and export of fossil fuels. These wells are often abandoned once […] The post Borehole Battery: A Promising Solution for Energy Storage appeared first on POWER Magazine.

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Abandonment Energy Energy Oil 217

NGT News

APRIL 19, 2023

Tourmaline Oil Corp. and Clean Energy Fuels Corp. Through this 50-50 shared investment, Tourmaline and Clean Energy expect to construct and commission up to 20 CNG stations over the next five years, which will […] The post Clean Energy, Tourmaline Make Major Commitment to CNG in Western Canada appeared first on NGT News.

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Natural Gas Energy Energy Oil 246

Oil & Gas 360º

MARCH 4, 2025

EnerCom) is pleased to announce a robust list of companies have already confirmed their attendance for the 30 th annual EnerCom Denver The Energy Investment Conference to be held August 17-20, 2025, at the Westin Downtown Denver. In addition, the conference live webcast reaches a global audience of virtual attendees.

Energy 200

Energy Energy Management Oil 200

Malcolm Graham Wood

MARCH 4, 2025

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

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Oil Gas Energy Energy 147

NGT News

MAY 11, 2020

A Global Clean Energy Holdings Inc. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, […]. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, […]. The post Global Clean Energy Holdings Purchases Bakersfield Refinery appeared first on NGT News.

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Refinery Energy Energy Oil 218

Energy Outlook Advisors

MARCH 12, 2025

There is no bullish case for oil at this stage. Gasoline inventories are currently at a comfortable level, but refinery maintenance might lead to low levels at the start of summer. We will monitor jet fuel demand, expecting it might decline significantly due to slow economic growth and reduced government travel.

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Oil Refinery Maintenance Casing 162

OilPrice

MARCH 11, 2025

The first half of 2025 is shaping up to be a squeeze play for global oil markets. Brent crude prices are inching up from $70 per barrel to a newly forecasted $75/b by Q3, the EIA has said in its latest Short Term Energy Outlook released on Tuesday. Supply is tightening thanks to ongoing production declines in Iran and Venezuela.

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Barrel Oil IT Energy 303

OilPrice

MARCH 11, 2025

metropolis of Houston on Monday, with the energy sectors most influential annual forum expected to convene over 450 C-Suite executives, 80 ministers and top officials and more than 10,000 participants from over 2,050 companies across 80 countries and regions. The current years CERAWeek by S&P Global conference kicked off in U.S.

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Oil Energy Energy 187

POWER Magazine

MARCH 6, 2025

based energy tech company Baker Hughes is joining with Australia's Woodside Energy in an initiative to develop a lower-carbon power generation technology solution specifically designed for oil and gas, heavy industries, and other smaller-scale applications.

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Utilities Energy Energy Oil 162

Oil & Gas 360º

MARCH 6, 2025

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.

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Oil Exploration and Production Field Offshore 130

NGT News

JUNE 14, 2023

Oil, a company focused on retail, commercial and wholesale fuel distribution; supply and trading; logistics; and terminal operations of refined products and renewable fuels, and U.S. Energy is a vertically integrated energy solutions […] The post U.S. Oil to Form U.S. Energy appeared first on NGT News.

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Oil Terminal Operator Energy Energy 130

Malcolm Graham Wood

MARCH 11, 2025

Oil is up today but for no particular reason, talk of a recession in the US, are you sure? The post Oil price, Zephyr, Genel, Deltic. With Zephyr updating on production and looking forward to the Paradox and Deltic making progress at Selene very well. Finally yesterday Genel announced a foray into Oman which looks really good.

Oil 147

Oil Energy Energy 147

POWER Magazine

JULY 3, 2024

Next-gen geothermal concepts use technologies developed by the oil and […] The post Sedimentary Geothermal Resources Offer a Bright Future for Geothermal Energy appeared first on POWER Magazine. Next-generation, or “next-gen,” geothermal resources have the potential to increase geothermal power generation in the U.S.

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Energy Energy Oil 202

POWER Magazine

JANUARY 26, 2024

A study from a group that recruits workers for energy sector jobs has found that as many as 39% of workers in the nascent green hydrogen industry are coming from […] The post Oil, Gas Groups Will Support New Jobs in Hydrogen Sector appeared first on POWER Magazine.

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Oil Gas Energy Energy 173

POWER Magazine

FEBRUARY 10, 2025

Texas-based oil and gas major Energy Transfer said the company has entered into a long-term agreement with Colorado-based CloudBurst Data Centers for the energy supply to serve a data center […] The post Energy Transfer Will Provide Natural Gas to Texas Data Center Project appeared first on POWER Magazine.

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Natural Gas Gas Energy Energy 182

OilPrice

MARCH 10, 2025

BP boss Murray Auchincloss has defended the companys move to increase fossil fuel production and ditch its renewable energy commitments. Auchincloss is under mounting pressure from BP investors, who are frustrated at the oil majors underperforming share price.

Oil 294

Oil Energy Energy IT 294

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. The post Oil price, DEC, Serica, JOG, Hunting, Tower, EOG. The post Oil price, DEC, Serica, JOG, Hunting, Tower, EOG. And finally… appeared first on Malcy's Blog.

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Oil Gas Energy Energy 147

Energy Transition

DECEMBER 12, 2023

Oil and gas companies have been the biggest winners of the energy price hikes of 2022. But as yet, there is scant evidence that companies have invested their windfalls in the energy transition. Oil and gas companies have hugely profited from 20322’s energy price hikes. Is there hope that they will?

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Oil Gas Energy Energy 167

Oil & Gas 360º

MARCH 4, 2025

(World Oil) – Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the worlds biggest oil producer Saudi Aramco. Oil use is set to rise by 1.3 Oil use is set to rise by 1.3 Thats slightly higher than the 1.05

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Oil Barrel Natural Gas IT 130

Oil & Gas 360º

MARCH 4, 2025

(Oil Price) –BP is looking to raise the number of its board members and hire two more directors as part of its strategy to boost oil and gas production and shareholder returns, the Financial Times reported on Tuesday, citing sources familiar with the plans. Production is also expected to grow, to 2.32.5

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Oil & Gas 360º

MARCH 10, 2025

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

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