Venture Global Plaquemines Plant on Track to Produce LNG
Venture Global LNG’s Plaquemines plant was on track to pull in about 0.16 Bcf/d of pipeline gas on Dec. 13, up from 0.10 Bcf/d on Dec. 12, according to LSEG data.
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Exxon’s AI Power Play Aims to Beat Nuclear
By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. To most of us, a power plant is a source of electricity. To Exxon Mobil Corp., it’s a machine that converts natural …
GE Vernova Expects More Trouble for Struggling Offshore Wind Industry
It looks easy enough: Ask ChatGPT something, and it responds. But pull back the curtain, and you’ll find that every ChatGPT prompt and Microsoft Copilot task consumes vast resources. Millions of human beings engineering, correcting and training models. Enough terawatt-hours of electricity to power countries. Data center megacampuses around the world. Power line networks and …
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AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything
It looks easy enough: Ask ChatGPT something, and it responds. But pull back the curtain, and you’ll find that every ChatGPT prompt and Microsoft Copilot task consumes vast resources. Millions of human beings engineering, correcting and training models. Enough terawatt-hours of electricity to power countries. Data center megacampuses around the world. Power line networks and …
Oil Sands are Canada’s Winning Lottery Ticket With ‘Significant Change’ in Emissions Growth
‘The Oil Sands are Canada’s Winning Lottery Ticket’ By Deborah Jaremko Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter As Alberta’s oil sands sector reaches a major economic milestone, a new report shows that emissions growth continues to slow. There is a clear “structural break” for the industry where …
Oil Set for First Weekly Gain in Three Weeks
Summary Brent, WTI both up more than 3% this week EU imposes new sanctions on Russia, US also weighs more China stimulus expected to support demand IEA forecasts a supply surplus in 2025 LONDON, Dec 13 (Reuters) – Oil prices rose more than 1% Friday, heading for their first weekly rise since the end of …
Shale Drilling Techniques Could Lead to a Geothermal Surge, IEA Says
Summary Geothermal energy in its infancy Shale drilling drew opposition from environmental campaigners More than $1 trillion in investment needed (Reuters) – The shale drilling techniques that led to a boom in oil and gas output have also spurred the development of geothermal, which in theory could provide a stable source of power equal to …
Shale Drilling Techniques Could Lead to a Geothermal Surge, IEA Says Read More »
No Winners Seen in Trump’s ‘Hugely Destructive’ Energy Tariffs
While tariffs can be disruptive in any market, they threaten to be particularly troublesome for a North American energy industry that already largely favors U.S. interestsBloomberg News Though U.S. president-elect Donald Trump exempted energy products from tariffs during his previous term, his threat last month said they will apply to “ALL products” from Canada and …
No Winners Seen in Trump’s ‘Hugely Destructive’ Energy Tariffs Read More »
CEO: Berry Gears Up for Horizontal Drilling in Uinta Stacked Pay
Berry Corp.’s legacy roots are in California’s Central Valley—but its growth engine is in Utah’s emerging Uinta Basin, CEO Fernando Araujo told Hart Energy.
Shell, Chevron Take FID on Phase 3 of GoM Silvertip Frio Project
Shell Plc and Chevron Corp. are taking a final investment decision on Phase 3 of the Silvertip project in the Gulf of Mexico.