mark

Iraq’s Oil Minister Has ‘Reservations’ About Energy Agreements Signed by Kurdish Region

CDN and International News, Conventional Energy, Latest, Oil / By

(Reuters) – Iraq’s oil minister said that the federal government has reservations about energy agreements signed by the semi-autonomous Kurdistan region, after Iraqi Kurdish Prime Minister Masrour Barzani oversaw the signing of two deals with U.S. companies worth a combined $110 billion over their lifetimes. “Agreements and contracts like this should be signed by the …

Iraq’s Oil Minister Has ‘Reservations’ About Energy Agreements Signed by Kurdish Region Read More »

Inside the First Stargate AI Data Center

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, US News / By

By Shirin Ghaffary, Brody Ford, and Emily Chang OpenAI, Oracle and SoftBank hope that the site in Texas is the first of many across the US. The future home of the first Stargate site in Abilene, Texas. Photographer: Bobby Scheidemann for Bloomberg Businessweek Trucks carrying concrete and electrical wiring plod over red clay, weaving in …

Inside the First Stargate AI Data Center Read More »

Trump U-Turn on $5 Billion Wind Farm Lifts Ailing Industry

Latest, Renewable Energy, US News, Wind / By

By Kari Lundgren and Will Mathis A rendering of Equinor’s Empire Wind project Photographer: Eirik Hamre Clausen/Equinor The Trump administration’s surprise reversal of an order to halt a $5 billion wind energy project off the coast of New York offered some respite to a beleaguered industry whose future in the US has been in doubt. …

Trump U-Turn on $5 Billion Wind Farm Lifts Ailing Industry Read More »

Global LNG Suppliers Wager That China’s Demand Slump Is Fleeting

CDN and International News, Conventional Energy, Latest, LNG / By

China has been the driving force in the global gas market for much of the past decade. Photographer: Dimas Ardian/Bloomberg Global gas giants are betting the current lull in Chinese demand is temporary, and that the country will underpin their multibillion-dollar investments for years to come. China’s gas imports have fallen in 2025, a decline …

Global LNG Suppliers Wager That China’s Demand Slump Is Fleeting Read More »

Saudi Arabia Crude Exports Fall to 5.754 Million Barrels Per Day in March

CDN and International News, Conventional Energy, Latest, Oil / By

Saudi Arabia’s crude exports in March fell to 5.754 million barrels per day (bpd) from 6.547 million bpd in February, official data showed on Wednesday. The world’s largest oil exporter’s crude output for March was at 8.957 million bpd, up from 8.947 million bpd in February. Saudi refineries’ crude throughput was at 2.944 million bpd …

Saudi Arabia Crude Exports Fall to 5.754 Million Barrels Per Day in March Read More »

Energy Storage Boom Drives Battery Shift, Leaving Nickel, Cobalt Behind

Batteries, Energy Storage, Energy Topics & Technology, Latest, US News / By

Summary Cheap LFP batteries drive rapid energy storage growth Storage demand for grid transitions expanding exponentially Trend likely to accelerate pivot away from nickel and cobalt (Reuters) – When Fidra Energy acquired a 55-acre (22-hectare) patch of northern England countryside in 2023, its plan to transform it into a 1.45 gigawatt energy storage facility – …

Energy Storage Boom Drives Battery Shift, Leaving Nickel, Cobalt Behind Read More »

With Output Hikes, OPEC+ Again Targets US Shale Oil

Conventional Energy, Latest, Oil, US News / By

Summary Previous OPEC+ attempts to slow shale oil failed US firms run out of easy fields, costs rise (Reuters) – Behind OPEC+’s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing a second objective: taking on U.S. shale production to win back market share from the United States. …

With Output Hikes, OPEC+ Again Targets US Shale Oil Read More »

Subscribe
Subscribe