Companies Hop on Digital Twins, AI Trends to Transform Day-to-day Processes
A big trend for oil and gas companies is applying AI and digital twin technology into everyday processes, said Kongsberg Digital’s Yorinde Lokin-Knegtering at Gastech 2024.
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Crescent to Double, Largely Through M&A, in the Next Five Years, CEO Says
Crescent Energy CEO David Rockecharlie said that after closing the SilverBow acquisition, the company is continuing to hunt for new assets, although few make it past the company’s screening process.
Global Energy Consumption Forecasting in the Age of Climate Change – Yogi Schulz
By Yogi Schulz Energy consumption forecasting has become more complex due to economic and population growth uncertainties. While the pace of the energy transition will not determine global energy consumption, it will determine the mix of various energy sources throughout the forecast period. Forecasting how the mix of various energy sources will evolve adds more …
Global Energy Consumption Forecasting in the Age of Climate Change – Yogi Schulz Read More »
Producing Lithium Is Slow and Dirty. Is There a Fix?
By Annie Lee Lithium ore at a mine in Minas Gerais state, Brazil.Photographer: Dado Galdieri/Bloomberg A substance seen as critical to the green energy revolution, lithium, is at risk of a future supply crunch. Even though a recent surplus of the metal has been crashing prices, demand for lithium is set to grow by almost …
Producing Lithium Is Slow and Dirty. Is There a Fix? Read More »
US Crude Stockpiles Jump as Imports Climb, Gasoline Builds as Refineries Ramp Up, EIA says
U.S. crude oil inventories rose sharply last week as imports ticked higher, while gasoline stocks rose unexpectedly as refineries ramped up output after seasonal maintenance, Energy Information Administration (EIA) data showed on Wednesday. Crude inventories rose by 5.5 million barrels to 426 million barrels in the week ending Oct. 18, the EIA said, compared with …
EIA: Construction Costs for Gas-fired Power Stays Well Below Solar, Wind
Combined-cycle generation takes a lead as U.S. electricity demand is expected to rise.
RWE Pushes 1 GW of US Battery Energy Storage Projects to Boost Grid
As utility-scale battery energy storage projects boost grid reliability, RWE Clean Energy is adding projects in the U.S.
Shell to acquire combined-cycle power plant in priority U.S. trading market
HOUSTON, Oct. 23, 2024 /CNW/ — Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc (Shell), has signed an agreement to acquire a 100% equity stake in RISEC Holdings, LLC (RISEC), which owns a 609-megawatt (MW) two-unit combined-cycle gas turbine power plant in Rhode Island, USA. This acquisition secures long-term supply and capacity offtake for Shell in the …
Shell to acquire combined-cycle power plant in priority U.S. trading market Read More »
LongPath Technologies Secures DOE Loan to Expand Emissions Monitoring Network
LongPath aims to construct and install more than 1,000 remote monitoring towers across oil and gas basins including the Permian, Denver-Julesburg and Anadarko.
Dominion Energy, Stonepeak Close $2.6B Offshore Wind Deal
The close marked the completion of Dominion’s business review targeting $21 billion of debt reduction initiatives.