Mitsubishi Power Americas CEO Talks Power, Hydrogen
As electricity demand climbs in the U.S. and abroad, the company is advancing hydrogen blending efforts to lower emissions while working to meet rising gas turbine needs.
UAE Says Markets Thirsty for Oil Despite Boosts in OPEC+ Output
Summary UAE says stocks not rising despite production increases OPEC+ close to completing voluntary cut unwinding Still has 3.65 mln bpd of other cuts in place OPEC+, majors meet for biennial seminar VIENNA, July 9 (Reuters) – Markets are thirsty for oil because they are absorbing OPEC+ production increases without building inventories, United Arab Emirates …
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America’s Largest Power Grid is Struggling to Meet Demand From AI
Summary Electricity bills projected to surge over 20% in PJM territory this summer PJM criticized for delaying auctions and pausing new plant applications Pennsylvania governor threatens to leave PJM if it can’t reduce costs and connect power plants faster (Reuters) – America’s largest power grid is under strain as data centers and AI chatbots consume …
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US to Produce Less Oil in 2025 Than Previously Expected Amid Declining Prices, EIA Says
By Stephanie Kelly EIA lowers its 2025 oil production forecast to 13.37 million bpd Geopolitical tensions influence Brent crude price forecast US oil demand to rise slightly in 2025 vs 2024, EIA reports NEW YORK, July 8 (Reuters) – The U.S. will produce less oil in 2025 than previously expected as declining oil prices have …
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Enhancing Oil & Gas Safety with Acoustic Inspection
In the oil and gas industry, maintaining operational integrity and worker safety is non-negotiable. Gas leaks, mechanical failures, and partial discharges not only jeopardize safety but also impact uptime and profitability. At Microwatt, we’re committed to equipping our clients with leading-edge tools to detect these risks early—before they become costly incidents. The Sorama CAM iV64s …
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Edmonton Exchanger and Davi: Two Families Build Business Strength on Heavy Plate Rolling Legacies
When you are one of North America’s most trusted suppliers of pressure vessel components for the energy sector, there is no room for compromise in forming precision. Edmonton Exchanger, a family-owned Canadian company celebrating its 50th anniversary this year, is known for high-quality heavy steel components (up to 12² thick) customized for pressurized transfer and …
Fermi in Talks to Build Nuclear Plants in Texas for Hyperscalers
Fermi, co-founded by a former U.S. Energy Secretary Rick Perry, is looking to build four nuclear plants that would supply power to hyperscalers.
Ex-Elliott Insider: Speak First or ‘Chaos’ Will Take the Mic
Proactive communication is essential in warding off activist “agents of chaos” that want to “change the fabric of a company,” a former communications officer at activist investor Elliott Investment Management told oil and gas producers.
Texas Project to Build Four Nuclear Plants is in Talks With ‘Hyperscalers’
By Timothy Gardner WASHINGTON, July 8 (Reuters) – Fermi, a Texas company looking to build four nuclear plants next to a U.S. nuclear weapons complex, said in documents revealed on Tuesday that it is talking with large data managers on leasing agreements for the project. Fermi, co-founded by Rick Perry, a former U.S. energy secretary, …
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US Issues Expedited Permit for Proposed Tennessee Coal Mine
July 8 (Reuters) – The Trump administration said it permitted a proposed coal mine in Claiborne County, Tennessee on Tuesday under an expedited process aimed at accelerating federal environmental reviews of energy projects. In a statement, the Department of the Interior said it granted approval for Hurricane Creek Mining LLC to mine coal on Bryson …
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