Electric Power News

Oil and Gas News

Public Utility Commission to investigate CenterPoint Energy for Beryl response
If CenterPoint fails to comply with his request, the governor said he will issue an executive order imposing his own requirements on the company. And he said that if the utility is unable to “fix its ongoing problems,” the state would have to reconsider the breadth of the territory it serves.

The shift to grid-forming inverters is underway. Here’s what you need to know
Researchers at the Pacific Northwest National Laboratory (PNNL) and their collaborators have created new models meant to allow power system engineers to evaluate how a new technology, the grid-forming inverter, would work on the grid to improve grid stability.

Mission Solar Energy Launches C&I/Utility Product Line
Mission Solar Energy, well-known manufacturer of residential PV modules for over ten years, is now manufacturing larger-format products engineered for utility and C&I projects. The three new products are UFLPA-compliant, AD/CVD risk free, and ready for immediate order from Mission Solar.

Camber Energy Announces Carbon Capture System Achieves 100% Removal From Fossil Fuel Power Plant Emissions
Separating water first from the exhaust stream now makes zero-carbon power generation possible.

China to Boost Funding to Reduce Emissions at Coal Power Plants
China is planning to increase financial support for projects to reduce emissions at coal power plants through methods including burning biomass and green ammonia.

Europe's first H2 power plant is Essar UK's latest bet in $3 billion transition play
Essar Energy Transition (EET),  has launched the EET Hydrogen Power initiative for building Europe’s first hydrogen-ready combined heat and power plant at its refinery in Stanlow by 2027 but did not divulge the size of the investment.

New England’s last coal plant is closing. What comes next?
The CEO of Granite Shore Power announced earlier this year that his company will soon close the last two coal plants in New England. In their place, the company plans to build two large battery storage facilities, a small solar farm and, if all goes well, a port that could eventually serve the offshore wind industry in the Gulf of Maine.

Philippines Hydro power plant piques interest of 5 firms
Five firms have expressed interest to participate in the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, the Power Sector Assets and Liabilities Management Corp. (PSALM) said.

Rio Tinto to build 80MW solar PV plant in Western Australia
This project could replace up to 11% of the natural gas used for power in Rio Tinto’s Pilbara mining operations.


ConocoPhillips Still Sees Marathon Oil Merger Closing Q4 despite FTC Probe
ConocoPhillips has maintained that its $22.5 billion acquisition of Marathon Oil Corp. can be completed by the fourth quarter (Q4) despite facing an extended anti-trust review by the United States competition regulator.

Alberta to relax rule on buying oil, gas wells if municipal taxes unpaid
The Alberta government plans to relax a rule that requires energy companies seeking to buy viable wells from bankruptcy proceedings to first pay all the failed producer's outstanding taxes.

Egypt unveils plans to boost oil sector
Badawy shed light on the importance of restoring partner confidence through timely payments and incentivizing investments in exploration and development.

Turkey ramps up oil, gas, renewables in self-sufficiency quest
Energy and Natural Resources Minister Alparslan Bayraktar on Sunday reaffirmed Turkey's long quest to reduce its reliance on imports, stressing the nation's expanding oil and natural gas production, as well as its commitment to harnessing renewable resources.

Pakistan Oilfields discovers oil & gas reserves in Attock District
Pakistan Oilfields Limited (POL), an oil and gas exploration company, has discovered hydrocarbon reserves at its Jhandial-03 well located in Attock district.

Oil and Gas Are Here To Stay
The developing world's growing energy needs are a major factor in the continued reliance on oil and gas, even as developed nations attempt to reduce consumption.

Kuwait Oil Company announces ‘giant’ oil and gas discovery
Kuwait Oil Company (KOC) has announced a significant discovery of light oil and associated gas in the offshore Al-Nokhatha field.

Oil tanker seized by Iran in 2023 anchors near UAE coast, tracking data shows
A Chevron-chartered oil tanker seized by Iran more than a year ago has dropped anchor near the United Arab Emirates port of Khor Fakkan, ship tracking data showed on Monday.

Oil regains ground on political uncertainty in US, Mideast
Oil regained ground on Monday, with political uncertainty in the U.S. and the Middle East supporting prices, offsetting downward pressure from a stronger dollar and weak demand in top importer China.