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India Plans Coal Trading Exchange as Domestic Supply Soars

OilPrice

Indias Coal Ministry is proposing to establish a coal trading exchange as domestic coal production jumps with the government push for higher output and sector reforms allowing private firms to operate mines. The surge in domestic coal supply would change the existing mechanisms

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Caterpillar Oil & Gas announces development of gas mechanical system for 100% gas-powered completions operations

Oilfield Technology

Caterpillar Oil & Gas has announced the development of the Caterpillar Gas Mechanical System (GMS), a fully integrated power solution for frac operations, utilising 100% natural gas.

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Highland, GRID Alternatives Partner to Offer Electric School Bus Ops Training

NGT News

Highland Electric Fleets, a provider of Electrification-as-a-Service (EaaS) for school bus and municipal fleets, has partnered with GRID Alternatives to create a workforce development training program focused on all aspects of electric school bus operations.

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Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. Although Louisiana is allocating significant funds to P&A orphan wells, there is a lack of financial incentive for operators to address AOOG wells. Additionality.

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MarketView® by Enverus Trading and Risk Solutions Is Now SOC 1 Type 1 Certified!

Enverus

Additionally, Enverus is already SOC 2 compliant, further reinforcing our dedication to industry-leading standards in security and operational controls. Obtaining SOC 1 Type 1 certification involves an extensive review of our control environment, including risk management procedures, data protection mechanisms, and operational workflows.

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The Vietnamese Government has recently issued Decision No. 05/2024/QD-TTg on March 26, 2024, regulating the mechanism for adjusting the average retail electricity price. Effective - May 15, 2024

Energy Central

Key points are as below: Annual Adjustment of retail electricity price: All-round factoring (generation, transmission, distribution, system operation, and market transaction management).

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Checking out Vaeridion's electric 'microliner' concept

Oilholics Synonymous Report

The plane itself will run on a single propeller, but with multi-engine support of two mechanically and electrically segregated motors. The microliner will have a dual flight deck and can be operated by a single pilot. The electric power train would be supported by rechargeable high voltage batteries integrated in the plane's wing.

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