Tuesday, August 18, 2026
America’s power grid is choking on costly congestion: Maguire- oil and gas 360

America’s power grid is choking on costly congestion: Maguire

(BOE Report) – Congestion on the U.S. electricity grid is becoming an increasingly costly bottleneck, driving up power prices, delaying new generation projects and undermining reliability. Yet the electricity industry’s attention remains focused largely on generation, with politicians debating solar panels, natural gas turbines and nuclear reactors while utilities tout billions of dollars of planned investments. PJM Interconnection, the largest

Baker Hughes closes Chart acquisition, adds third operating segment- oil and gas 360

Baker Hughes closes Chart acquisition, adds third operating segment

(World Oil) – Baker Hughes has completed its acquisition of Chart Industries, expanding its portfolio of industrial energy technologies and establishing Chart as the company’s third operating segment. The acquisition adds Chart’s capabilities in thermal management, air and gas handling, and lifecycle services, broadening Baker Hughes’ presence across markets including LNG, gas infrastructure, carbon capture and storage, nuclear, geothermal and data centers. Chart

New York imposes first ever moratorium on U.S. data centers- oil and gas 360

New York imposes first ever moratorium on U.S. data centers

(Oil Price) – New York Governor Kathy Hochul has signed the country’s first-ever executive order imposing a statewide moratorium on new large-scale data centers for up to one year. The order freezes the permitting process for new data centers requiring 50 megawatts or more of electricity, placing the fastest-growing source of U.S. power demand on hold while state regulators assess its long-term impact on

Masdar secures $5.1 billion for world’s largest solar-and-battery project- oil and gas 360

Masdar secures $5.1 billion for world’s largest solar-and-battery project

(Oil Price) – Masdar on Monday announced it had lined up financing for the world’s first gigascale Round-the-Clock renewable energy project, which the renewable energy giant of the United Arab Emirates is developing in Abu Dhabi. The project, which will need a total capital investment of $6.1 billion, will see Masdar funding $1 billion of the equity. The company now reached financial close

Chevron licenses advanced surfactant technology for shale oil recovery- oil and gas 360

Chevron licenses advanced surfactant technology for shale oil recovery

(World Oil) – Chevron Technical Center has signed a technology licensing agreement with ZL Chemicals Ltd. to commercialize Chevron-developed surfactant technology designed to improve resource recovery in shale and tight oil reservoirs. Under the agreement, ZL Chemicals will market products and services utilizing the technology under the Vantis™ brand, expanding commercial access to a chemical enhanced oil recovery (EOR) solution that Chevron has developed and deployed

The next infrastructure boom won't be digital, it will be energy- oil and gas 360

The next infrastructure boom won’t be digital, it will be energy

(By Oil & Gas 360) – Artificial intelligence is often described as the next industrial revolution. What receives far less attention is that every industrial revolution eventually runs into the same constraint: infrastructure.   The explosive growth of data centers has sparked a national debate over electricity demand, grid reliability, and rising energy costs. It is tempting to blame data

Stalled US permits threaten $121 billion in wind and solar investment, report shows- oil and gas 360

Stalled US permits threaten $121 billion in wind and solar investment, report shows

(Investing) – Trump administration policies that have stalled permits for renewable energy projects are putting more than $121 billion of investment at risk and slowing development of wind, solar and storage capacity needed to meet rising power demand, according to a report published on Monday. The findings by energy research firm Wood Mackenzie highlighted tension between President Donald Trump’s goal of

Trump clean energy tax credit cutoff drives project rush as prices set to soar- oil and gas 360

Trump clean energy tax credit cutoff drives project rush as prices set to soar

(Investing) – U.S. solar developers have secured federal subsidies for a wave of projects large enough to nearly double current capacity, rushing to beat a July 4 deadline that could send renewable power costs sharply higher. The projections reflect the loss of valuable renewable energy tax credits worth at least 30% of project costs, a change that threatens to raise U.S.

Baker Hughes wins long-term support agreement for ANOH gas project- oil and gas 360

Baker Hughes wins long-term support agreement for ANOH gas project

(World Oil) – Baker Hughes has been awarded a long-term service agreement by ANOH Gas Processing Company (AGPC) to provide lifecycle services and digital monitoring support for the ANOH Gas Processing Plant in Nigeria. The agreement covers maintenance, repair services, engineering support and digital monitoring for critical turbomachinery equipment at the facility, including two NovaLT 16 gas turbines. Baker Hughes will also

America’s second oil boom- oil and gas 360

America’s second oil boom

(By Oil & Gas 360) – The next great American oil boom may not come from discovering a new basin. It may come from recovering more oil from fields that have already been producing for decades.  For more than a century, the U.S. oil industry has focused on finding new resources. From the giant conventional fields of Texas and California to the

Chevron signs 20-year Microsoft power deal for West Texas AI project- oil and gas 360

Chevron signs 20-year Microsoft power deal for West Texas AI project

(World Oil) – Chevron has signed a 20-year power purchase agreement with Microsoft to supply electricity from a planned natural gas-fired power facility in West Texas, marking a major step in the growing connection between U.S. energy production and artificial intelligence infrastructure. The agreement calls for Chevron subsidiary Energy Forge One to develop a co-located power facility that will provide dedicated electricity to a

Clean energy investment hits $2.2 trillion, nearly double fossil fuels- oil and gas 360

Clean energy investment hits $2.2 trillion, nearly double fossil fuels

(Oil Price) – Despite historic political headwinds against the global decarbonization effort, clean energy spending continues to see a meteoric rise around the world. The International Energy Agency’s World Energy Investment 2026, published in May of this year, projects that of the $3.4 trillion dollars that the world will spend on energy investments this year, $2.2 trillion will go to clean