2025

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IEA: The World Needs Upstream Oil and Gas Investment

OilPrice

The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. The IEA famously said in 2021 that no investments in new oil and gas fields are needed if the world has a chance to reach net-zero emissions by 2050.

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Kemmerer 1—TerraPower’s Pioneering Fourth-Generation Nuclear Project—Hits Key NRC Milestone Ahead of Schedule

POWER Magazine

The U.S. Nuclear Regulatory Commission (NRC) has completed its draft safety evaluation (SE) a month ahead of schedulealbeit with open itemsfor TerraPower’s Kemmerer Power Station Unit 1, a pioneering 345-MW […] The post Kemmerer 1TerraPower’s Pioneering Fourth-Generation Nuclear ProjectHits Key NRC Milestone Ahead of Schedule appeared first on POWER Magazine.

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Anti-Drilling Trout Unlimited Crying Over $180M in Frozen Funds

Marcellus Drilling News

For more than 13 years MDN has harped on the fact that groups like Trout Unlimited are filled with extremist anti-drillers (see our article Anti-Drilling Close-up: Trout Unlimited from October 2012). In February 2014, a national organization aimed a spotlight on Trout Unlimited and several other so-called conservation groups (see Trout Unlimited, Other Groups Outted.

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Heat pumps could be set for a revolution

Energy Voice

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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IEA: The world needs upstream oil and gas investment

Oil & Gas 360º

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. The IEA famously said in 2021 that no investments in new oil and gas fields are needed if the world has a chance to reach net-zero emissions by 2050.

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Parental Support

American Gas Association

News True Blue Blog Where energy conversations come to life. A lot of people believe that when you have children, your life stops, said Catherine McNeil, a Southern Company Gas talent development consultant based at Nicor Gas in Illinois. For McNeil, she had her first child during her sophomore year in college as a single mother. But she had something many other single parents lack: a support system, through her family.

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Air Quality and Environmental Justice in Philadelphia

The Energy Co-op

Join The Energy Co-op at our Annual Member Meeting and Conference. Who: Members and Friends of The Energy Co-op Where: The Inn at Swarthmore, Swarthmore, PA When: Saturday, June 9th, 8:30am 2:00pm What: The Annual Member Meeting and Conference brings together Co-op members, members of the community and representatives from other Co-ops and other organizations working on sustainable development in PA followed by the Co-op membership meeting.

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Oil price, DEC, Savannah. And finally…

Malcolm Graham Wood

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

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Checking out Vaeridion's electric 'microliner' concept

Oilholics Synonymous Report

(Left to right: Ivor van Dartel, Founder and CEO of Vaeridion, Markus Kochs-Kmper, CTO of Vaeridion, and Gaurav Sharma, Energy Analyst, Oilholics Synonymous, at the startup's laboratory and engineering site in the Bosch Innovation Campus in Holzkirchen, Germany) Late last month, the Oilholic headed out to the Bosch Innovation Campus in Holzkirchen, Germany, some 25 miles south of Munich, for a visit to green aviation startup Vaeridion's laboratory and engineering test site of its 'microliner' el

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Delayed exit: Rising demand forces natural gas power plants to stay online

Enverus

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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Record Nuclear Power Production Expected in 2025

OilPrice

The world is re-embracing nuclear energy after decades of decline, driven by technological advances and the need to keep pace with growing energy demand fueled by the tech sector without compromising climate goals. The world is now on track to produce more nuclear energy than ever before in 2025, and the International Energy Agency (IEA) predicts an all-out nuclear renaissance.

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Arizona Utilities Announce Effort to Add More In-State Nuclear Power

POWER Magazine

Arizona’s three major electric power utilities said they will collaborate to explore adding more nuclear power generation in the state, possibly placing small modular reactors (SMRs) or building large reactor […] The post Arizona Utilities Announce Effort to Add More In-State Nuclear Power appeared first on POWER Magazine.

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Expand Energy Drilled 5.6-Mile Lateral in the WV Utica in 5 Days

Marcellus Drilling News

Hart Energy reports that Expand Energy, formed by the combination of Chesapeake Energy and Southwestern Energy, drilled a massive 5.6-mile lateral in northern West Virginias dry-gas Uticaand it was drilled in five days with just one bit run. Expand’s Shannon Fields OHI #3H well, located in Ohio County, WV, has a 29,687-ft lateral. We always. The post Expand Energy Drilled 5.6-Mile Lateral in the WV Utica in 5 Days first appeared on Marcellus Drilling News.

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Energy Vocations: Mick Gillespie has worked on the Anasuria FPSO since day one

Energy Voice

Energy Vocations is the monthly series in which Energy Voice speaks to workers who keep the UK's lights on. The post Energy Vocations: Mick Gillespie has worked on the Anasuria FPSO since day one appeared first on Energy Voice.

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Ecuador’s President Noboa demands $1.5 billion early payment for major oil deal

Oil & Gas 360º

(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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A mess made in Germany: Volkswagen’s trials warn against resisting the green transition

Energy Transition

The woes of the German automobile giant Volkswagen (VW) offer a lesson that applies beyond Germany and Europe: resist the green transition at your own peril – as laggards will pay a heavy price. Paul Hockenos reports.

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Whitecap Resources and Veren to combine in a $15 billion transaction to create a leading Canadian light oil and condensate producer

BOE Report

CALGARY, AB, March 10, 2025 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay.

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US Weekly Oil Data

Energy Outlook Advisors

March 12, 2025 EOA’s Main Takeaway Although changes in inventories followed historical trends, the bad weather in Texas has influenced exports and imports. 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 price, Zephyr, Genel, Deltic. And finally…

Malcolm Graham Wood

Oil is up today but for no particular reason, talk of a recession in the US, are you sure? 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. The post Oil price, Zephyr, Genel, Deltic. And finally… appeared first on Malcy's Blog.

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15GWh! CALB Breaks Ground on Portugal's Zero-Carbon AI Superfactory

EnergyTrend

15GWh! CALB Breaks Ground on Portugal's Zero-Carbon AI Superfactory AccordingtoOfficialAccountBJX.CHUNNENG.COM,onFebruary24,2025,CALBofficiallybrokegroundonitsPortugalbase.Theprojectplanstoinvestapproximately2billion.

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The data center decade has arrived

Enverus

CALGARY, Alberta (Mar. 11, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing a series of reports analyzing long-term load forecast, providing an update on load growth and total system load, and the unprecedented capital expenditures cycle in the technology sector.

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"Drill, Baby, Drill": Natural Gas Producers Eye a Boom

OilPrice

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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Tripling Nuclear Energy Capacity by 2050: Maximizing a High-Energy Future for Data Centres, Refineries, Manufacturing, and Beyond

POWER Magazine

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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EQT Sues Union Township (Washington County, PA) for Extortion

Marcellus Drilling News

Here’s an explosive allegation. EQT Corporation and its pipeline subsidiary EQM Gathering are suing Union Township (located in Washington County, PA). Also named in the lawsuit are the town’s five supervisors. EQT’s allegation is that the town (and its supervisors) are attempting to extort big money from EQT to allow the company to connect gathering.

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Hoping for a ‘more intelligent debate’ on the future of Grangemouth

Energy Voice

The Grangemouth debate needs to be accompanied by the determination to turn the recommendations of Project Willow into reality, writes Brian Wilson The post Hoping for a ‘more intelligent debate’ on the future of Grangemouth appeared first on Energy Voice.

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EnerCom announces initial list of presenting companies for the 30th annual Energy Investment Conference to be held August 17–20, 2025 in Denver, Colorado 

Oil & Gas 360º

(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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Natural Gas: Keeping the Flame Alive this Valentine’s Day 

American Gas Association

News True Blue Blog Where energy conversations come to life. Whether youre celebrating Valentines, Galentines or Palentines Day, sharing a meal is one of the best ways to spread the love this weekend. As lovebirds, best friends and family members gather to dine out or stay in, natural gas is working hard to create special evenings for all of your loved ones this holiday.

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U.S. and Uzbekistan Forge Critical Minerals Partnership

OilPrice

Uzbekistan has announced a $2.6-billion initiative to develop the countrys substantial mineral resources, setting the Central Asian nation up to potentially become an important source of rare earths for US businesses. During a March 7 presentation in Tashkent, President Shavkat Mirziyoyev announced a three-year investment plan to develop 76 projects covering 28 different elements used in the production of durable goods.

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Russia Attacks Ukraine’s Energy and Gas Infrastructure

OilPrice

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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Crude Stockpiles Rise, But Gasoline and Distillates See Big Draws

OilPrice

Crude oil inventories in the United States saw an increase of 1.4 million barrels during the week ending March 7, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration, rebounding from a slide earlier in the week, even after the American Petroleum Institute (API) reported on Tuesday a build of 4.247 million barrels in U.S. crude oil inventories ami

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U.S. Resumes Military Aid to Ukraine

OilPrice

US military aid to Ukraine has now started moving across the border from Poland, following an agreement between US and Ukrainian officials in Saudi Arabia, according to Polish Foreign Minister Radoslaw Sikorski. Sikorski was speaking to reporters alongside his Ukrainian counterpart, Andriy Sybiha, in Warsaw, as the latter returned from the talks in Jeddah on March 12.

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Why Russian Gas Flows To Europe Are Unlikely To Resume Any Time Soon

OilPrice

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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Texas A&M Launches SMR ‘Energy Proving Ground’ with Selection of Four Nuclear Firms

POWER Magazine

Texas A&M University System has unveiled four nuclear developers with which it plans to explore building and operating small modular reactor plants (SMRs) at its Texas A&M-RELLIS campus near College […] The post Texas A&M Launches SMR Energy Proving Ground with Selection of Four Nuclear Firms appeared first on POWER Magazine.

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NRC Proposes Deep Fee Cuts for Advanced Nuclear

POWER Magazine

The Nuclear Regulatory Commission (NRC) has proposed to sharply reduce its hourly service feesby more than 50%for advanced nuclear reactor applicants and pre-applicants in a move designed to incentivize innovation […] The post NRC Proposes Deep Fee Cuts for Advanced Nuclear appeared first on POWER Magazine.

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Nuclear-Gas Synergy: Oklo and RPower Unveil Phased Model to Address Data Center Power Demands

POWER Magazine

Advanced nuclear technology firm Oklo is partnering with Texas-based prime and backup solutions company RPower to roll out an innovative phased energy model that will combine natural gas and nuclear […] The post Nuclear-Gas Synergy: Oklo and RPower Unveil Phased Model to Address Data Center Power Demands appeared first on POWER Magazine.

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NextEra Eyes Restart of Shuttered Nuclear Plant, Partners with GE Vernova on Gas Power Expansion

POWER Magazine

Facing a projected surge in power demand across the country, NextEra Energy is taking steps to potentially restart its shuttered 615-MW Duane Arnold nuclear plant in Iowa as early as […] The post NextEra Eyes Restart of Shuttered Nuclear Plant, Partners with GE Vernova on Gas Power Expansion appeared first on POWER Magazine.

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Natural Gas Prices Reach Two-Year Highs As Geopolitical Tensions Rise

OilPrice

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.