(Oil & Gas 360) – Long before energy became an explicit instrument of American diplomacy, it functioned as a form of state capacity. At the turn of the twentieth century, the United States produced more crude oil than the rest of the world combined. This dominance was not the product of treaties or alliances but of geology, capital formation, and
(Oil & Gas 360) By Greg Barnett, MBA – Data centers are no longer a niche asset class or a secondary load on the grid. They are now among the fastest‑growing sources of electricity demand in the United States and a central driver of capital deployment across power generation, transmission, cooling, carbon management, and fuel supply. The conversation around them, however,
(World Oil) – Guyana is preparing a second pipeline that will bring natural gas from its deepwater oil fields to the shore where it will be used for power and other industrial development. The project at Berbice, in the east of the South American country, will be finalized “very soon,” President Irfaan Ali told the Guyana Energy Conference in Georgetown on Tuesday. It
(Oil Price) – For farmers in the United States, concerns about too much clean energy production are quickly transforming into concerns about too little energy to go around. For years, rural America has been pushing back against the spread of utility-scale solar and wind farms competing for agricultural land. Now, they have a new sector to worry about as massive data center developments
(Oil Price) – EDF, the French state-controlled utility, considers selling up to 100% in its U.S. renewable energy business, the power giant’s chief executive Bernard Fontana told Reuters on Wednesday. Fontana, who was previously CEO at nuclear engineering company Framatome, among other roles, became EDF’s chief executive officer in May this year. Fontana won the approval of the French Parliament to lead
(World Oil)– BP Plc has agreed to sell its U.S. onshore wind business to LS Power, as the company continues efforts to pivot back toward its core oil and gas business and reverse years of share underperformance. The deal completes the UK energy giant’s exit from wind power generation, transferring ownership of 10 assets across seven US states, according to
Oil Price U.S. natural gas-fired power generation jumped this week amid the lowest wind power output in 33 months seen on Monday while demand for cooling is rising in the summer. On July 22, wind power output in the Lower 48 states was at its lowest level in the country since October 4, 2021, per preliminary data from the U.S.
Oil Price The U.S. Environmental Protection Agency (EPA) has formally granted Louisiana state primacy in the permitting and regulation of carbon capture projects, in a setback for environmentalists who claim these projects are an excuse to approve more operations that emit more greenhouse gases. In most other U.S. states, EPA has the permitting authority for carbon capture wells and projects. Louisiana has
Plan includes gas generation capacity additions to be purchased, not built From Platts Plan includes 11 projects, 2,221 MW PPAs to be signed for 5 solar, 3 wind projects The Colorado Public Utilities Commission on Monday gave a preliminary nod to Xcel Energy’s $2.5 billion Colorado Energy Plan, which calls for phasing out 660 MW of coal-fired capacity, acquisition of
From Asia Times China is now the undisputed leader in renewable-energy manufacturing worldwide. Yet along the routes of its Belt and Road Initiative – the largest foreign-investment strategy in history – alternative-clean-energy projects pale in comparison with coal-fired power plants. This has led many commentators to question Beijing’s commitment to renewable energy beyond its borders, but enormous Chinese investments in
From Daily Energy Insider SCOTTSDALE, Ariz. – While details of studies conducted by the Electric Power Research Institute (EPRI) and the American Gas Association (AGA) on electrification differed, neither study found that natural gas would be eliminated completely in an increased electrification scenario, panelists at a utility regulation event said Monday. The panel at the National Association of Regulatory Utility
FS Investments (FS) and EIG Global Energy Partners (EIG) closed a transaction today, allowing EIG to manage FS Energy and Power Fund (FSEP). According to the company’s press release, FSEP will be the largest energy-focused business development company (BDC) in the marketplace with $4.3 billion in assets under management. “We are excited to enter the next phase of our partnership
