Oil rises after death of Saudi king, but effect seen muted

Oil prices rose on the news of the death of Saudi Arabia's King Abdullah Thursday, but the king's death is not expected to change the course of oil prices over the next several months.

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Baker Hughes to lay off 7,000 workers as prep for downturn

Oil services company Baker Hughes Inc. has said that it will lay off about 7,000 workers as it prepares for a downturn.

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Fukushima nuclear plant worker dies after falling into tank

A worker at Japan's wrecked nuclear power plant died after falling into a water storage tank, the latest in a growing number of accidents at the site still struggling to clean up the mess from the 2011 Fukushima disaster.

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Dickinson oil refinery costing more than expected due to delays

The cost of a new oil refinery near Dickinson is rising due to delays in getting the facility up to full production.

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TransCanada takes steps to acquire Keystone oil pipeline land

The developer of the Keystone XL oil pipeline made good on its promise Tuesday to try to seize access to the Nebraska land it needs to finish the project — the first steps it's taken since the state's high court removed a major legal barrier.

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Iran's oil minister: OPEC will eventually cut oil production

Iran's oil minister is expressing hope that the OPEC oil cartel will begin cutting production in order to shore up plunging oil prices.

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Latest Energy News - Oil & Gas

APPEA: Victoria needs more natural gas not another lengthy inquiry

Jan 28, 2015 APPEA’s COO says recently announced inquiries raise “serious questions about whether Victoria...

KrisEnergy begins seismic acquisition for oil exploration block in West Papua

Jan 28, 2015 The 300 km 2D seismic program is underway in the Udan Emas exploration block, with airborne g...

Tata Steel celebrates North Sea oil and gas pipeline supply milestone

Jan 28, 2015 Tata Steel has celebrated the supply of one million tonnes of pipeline for oil and gas projec...

Latest Energy News - Power

Omaha, Nebraska-based Tenaska intends to build a gas-fired generating plant as a joint venture with the Brownsville Public Utilities Board

EPA permit paves way for $500M gas power plant in South Texas

Jan 28, 2015 Omaha, Nebraska-based Tenaska intends to build a gas-fired generating plant as a joint ventur...
Jerry Wood sued PG&E after he and four others were hit by flying shrapnel during the August 2013 implosion of the Kern Power Plant in Bakersfield, California

PG&E settles lawsuit over botched power plant demolition (VIDEO)

Jan 28, 2015 Jerry Wood sued PG&E after he and four others were hit by flying shrapnel during the Augu...
By the end of 2016, FPL to triple its current solar capacity - adding nearly 225 megawatts of new solar power to the 110 megawatts it operates today

FPL announces plans to install more than 1 million solar panels

Jan 28, 2015 By the end of 2016, FPL to triple its current solar capacity - adding nearly 225 megawatts of...

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Offshore Technology Conference 2014 News

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PennEnergy brings you the latest news and announcements for The Offshore Technology Conference 2014 from across the industry. Click here for coverage before, during and after OTC – a premier gathering for energy professionals offering peer-selected technical programs and the latest innovations in products and services.

Energy Efficiency

ExxonMobil’s Equipment Builder Group 100 Years

ExxonMobil’s Equipment Builder Group Celebrates 100 Years of Innovation

ExxonMobil’s Equipment Builder Group plays a key role in helping optimise the performance of gas-powered machinery.  Click here to read the full article >>

Webcasts

Managing Enterprise Pipeline Operations in the Control Room and Beyond.

Today’s enterprise oil & gas pipelines are continuously looking for ways to efficiently manage their operations within an ever changing environ...
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Digital Oilfield Solutions The Internet of Your Things

The Industrial Internet of Things is not a futuristic technology trend: it’s here today, and it starts with your things. You don’t need to rip and ...
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Whitepapers

Survey Report: The Use and Performance of Big Data in the Energy Sector

While Global Energy demand continues to grow, energy firms confront a range of daunting challenges.    For ...

Energize Your Most Vital Business Relationships: Advanced Contract Lifecycle Management in the Oil and Gas Sector

In today’s more dynamic and globalized energy marketplace, formal contracts define nearly every business relationship and ...

Improve Accuracy and Reduce your Lease Operating Expense and Risk in Upstream Oil & Gas Production

In this whitepaper, we will address both the technical approach to achieving the highest possible accuracy in allocation m...

Infographic: Smart Process Applications for a Mobile Workforce

In partnership with PennEnergy Research, OpenText surveyed energy companies in the oil and gas, power and services sectors...

Oil & Gas Wire News

ESCO Pipe Beveling Tool Features I.D. Tracker for Pipe up to 36" Dia.

Jan 28, 2015 ESCO Pipe Beveling Tool Features I.D. Tracker for Pipe up to 36" Dia.

Cardinal Energy Group, Inc.: Fortune Lease Drilling Report

Jan 28, 2015 Cardinal Energy Group, Inc.: Fortune Lease Drilling Report

Synergy Resources Corporation Announces Pricing of Public Offering of Common Stock

Jan 28, 2015 Synergy Resources Corporation Announces Pricing of Public Offering of Common Stock

HII Technologies Announces Exclusive Agreement and Commercialization of Hydropath Technology for Oilfield Bacteria Deactivation and Removal

Jan 28, 2015 HII Technologies Announces Exclusive Agreement and Commercialization of Hydropath Technology ...

Power Wire News

ESCO Pipe Beveling Tool Features I.D. Tracker for Pipe up to 36" Dia.

Jan 28, 2015 ESCO Pipe Beveling Tool Features I.D. Tracker for Pipe up to 36" Dia.

Tombstone Exploration Files Exploration Permits for Zebra Property

Jan 28, 2015 Tombstone Exploration Files Exploration Permits for Zebra Property

Bridge Bank Provides Perpetual Energy Systems $28 Million to Refinance 12.25 Mega Watts of Solar Energy in Northern and Southern California

Jan 28, 2015 Bridge Bank Provides Perpetual Energy Systems $28 Million to Refinance 12.25 Mega Watts of So...

HII Technologies Announces Exclusive Agreement and Commercialization of Hydropath Technology for Oilfield Bacteria Deactivation and Removal

Jan 28, 2015 HII Technologies Announces Exclusive Agreement and Commercialization of Hydropath Technology ...
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Oil Refining & Processing News

Refineries increase oil processing by 34,000 barrels per day, setting sixth consecutive annual record for oil processing

Petrobras achieves processing records at Brazilian refineries in 2014

Refineries increase oil processing by 34,000 barrels per day, setting si...

API: oil exploration drilling increased 75 percent in Q4

Estimated U.S. exploratory oil well completions increased by 75 percent ...

Kinder Morgan to acquire premier midstream position in Bakken

The transaction creates a premier midstream platform for KMI in the Bakk...

Dickinson oil refinery costing more than expected due to delays

The cost of a new oil refinery near Dickinson is rising due to delays in...

Oil & Gas Pipelines and Transportation News

APPEA: Victoria needs more natural gas not another lengthy inquiry

APPEA’s COO says recently announced inquiries raise “serious questions a...

Tata Steel celebrates North Sea oil and gas pipeline supply milestone

Tata Steel has celebrated the supply of one million tonnes of pipeline f...

Technip awarded subsea contracts in the Gulf of Mexico

Technip has been awarded by Stone Energy Corporation both a flexible pip...

McDermott Derrick Barge lifts jacket for GoM offshore production platform

Following this successful project execution, McDermott has been awarded ...

Nuclear Power Generation

Blizzard forces Pilgrim nuclear power plant in Massachusetts to shut down

Massachusetts nuclear reactor shuts down during snowstorm

Blizzard forces Pilgrim nuclear power plant in Massachusetts to shut down
India and America's declaration of a breakthrough in contentious nuclear energy cooperation has been met with a lukewarm response from industry and analysts

India nuclear power deals still thorny for US despite 'breakthrough'

Few expect the potentially lucrative Indian market to suddenly become le...
Global Nuclear Fuel awarded $100 million-plus lifetime contract for fuel reloads at Cooper Nuclear Station

GNF awarded lifetime nuclear fuel contract at Cooper

Global Nuclear Fuel awarded $100 million-plus lifetime contract for fuel...
The Nuclear Regulatory Commission has begun a special inspection at the River Bend Station nuclear plant to review an unplanned reactor shutdown

NRC begins Special Inspection at River Bend nuclear power station

The Nuclear Regulatory Commission has begun a special inspection at the ...

Coal Fired Generation News

Montana-Dakota Utilities announces plans for 19 MW addition at its  Lewis and Clark coal plant in Sidney, Montana

MDU to add capacity at Lewis & Clark coal power plant

Montana-Dakota Utilities announces plans for 19 MW addition at its ...
Two U.S. power utilities to leverage Cabot’s DARCO® Hg family of mercury control products at coal-fired power plants in the Midwest

Cabot tapped for mercury control at Midwest coal power plants

Two U.S. power utilities to leverage Cabot’s DARCO® Hg family of mercury...
In his 2015 State of the Union address the president spoke to the nation's positioning in oil & gas and renewables in passing, but overall kept his commentary on energy and some of its key issues very sparse

State of the Union: Obama address sparse on energy

In his 2015 State of the Union address the president spoke to the nation...

2 groups back away from plan on New Mexico coal power plant

Two of the half-dozen organizations that endorsed a utility's plan to sh...

Gas Fired Generation News

Omaha, Nebraska-based Tenaska intends to build a gas-fired generating plant as a joint venture with the Brownsville Public Utilities Board

EPA permit paves way for $500M gas power plant in South Texas

Omaha, Nebraska-based Tenaska intends to build a gas-fired generating pl...
Jerry Wood sued PG&E after he and four others were hit by flying shrapnel during the August 2013 implosion of the Kern Power Plant in Bakersfield, California

PG&E settles lawsuit over botched power plant demolition (VIDEO)

Jerry Wood sued PG&E after he and four others were hit by flying shr...
Montana-Dakota Utilities announces plans for 19 MW addition at its  Lewis and Clark coal plant in Sidney, Montana

MDU to add capacity at Lewis & Clark coal power plant

Montana-Dakota Utilities announces plans for 19 MW addition at its ...

GE and Statoil launch collaboration to accelerate sustainable oil and gas solutions

GE and Statoil have now announced a new collaboration to accelerate the ...

Renewable Energy

By the end of 2016, FPL to triple its current solar capacity - adding nearly 225 megawatts of new solar power to the 110 megawatts it operates today

FPL announces plans to install more than 1 million solar panels

By the end of 2016, FPL to triple its current solar capacity - adding ne...
B&W Vølund awarded contracts for more than $200 million for biomass power plant in Wales

B&W wins contracts for 40 MW biomass power plant in Wales

B&W Vølund awarded contracts for more than $200 million for biomass ...
PowerSecure has been awarded approximately $10 million of new distributed generation business and approximately $15 million of new utility infrastructure business

Energy News: PowerSecure adds $25MM in new business

PowerSecure has been awarded approximately $10 million of new distribute...
Atacama 1 solar complex, with an overall installed capacity of 210 MW, will include the first solar thermal plant in Latin America and a photovoltaic plant

Abengoa begins construction on solar PV plant at Atacama 1

Atacama 1 solar complex, with an overall installed capacity of 210 MW, w...

Exploration & Production News

APPEA: Victoria needs more natural gas not another lengthy inquiry

APPEA’s COO says recently announced inquiries raise “serious questions a...

KrisEnergy begins seismic acquisition for oil exploration block in West Papua

The 300 km 2D seismic program is underway in the Udan Emas exploration b...

Tata Steel celebrates North Sea oil and gas pipeline supply milestone

Tata Steel has celebrated the supply of one million tonnes of pipeline f...

PwC: U.S. oil and gas deal value reaches ten year high

The low oil price environment may drive a surge in restructurings in 201...

Transmission & Distribution

PowerSecure has been awarded approximately $10 million of new distributed generation business and approximately $15 million of new utility infrastructure business

Energy News: PowerSecure adds $25MM in new business

PowerSecure has been awarded approximately $10 million of new distribute...
Analysis from the U.S. Energy Information Administration highlights how Hawaii’s electric system is changing with rooftop solar growth and new utility ownership

EIA: Hawaii’s electric system is changing with rooftop solar power

Analysis from the U.S. Energy Information Administration highlights how ...
New Tropos mesh router provides the performance and reliability required to support video surveillance and other physical security applications in electric utility substations (ABB Tropos 6420 broadband wireless mesh router)

ABB introduces Tropos 6420 broadband wireless mesh router

New Tropos mesh router provides the performance and reliability required...
Blizzard forces Pilgrim nuclear power plant in Massachusetts to shut down

Massachusetts nuclear reactor shuts down during snowstorm

Blizzard forces Pilgrim nuclear power plant in Massachusetts to shut down

Offshore Oil & Gas News

GE and Statoil launch collaboration to accelerate sustainable oil and gas solutions

GE and Statoil have now announced a new collaboration to accelerate the ...

Tata Steel celebrates North Sea oil and gas pipeline supply milestone

Tata Steel has celebrated the supply of one million tonnes of pipeline f...

PwC: U.S. oil and gas deal value reaches ten year high

The low oil price environment may drive a surge in restructurings in 201...

BP forms alliance to advance discoveries in deepwater Gulf of Mexico

Under new ownership structure, BP, Chevron and ConocoPhillips will combi...

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