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

EPA: 4M gallons pumped from North Dakota pipeline spill

Jan 27, 2015 The spill happened in Marmon, about 15 miles north of Williston, and primarily contaminated t...

Offshore drilling plan may restrict sensitive Arctic Ocean areas

Jan 27, 2015 The federal Department of the Interior will make additional areas of Arctic Ocean waters off-...

3 Alabamians sentenced for oil spill conspiracy

Jan 27, 2015 A federal judge in Birmingham has sentenced three family members to prison for trying to stea...

Latest Energy News - Power

Blizzard forces Pilgrim nuclear power plant in Massachusetts to shut down

Massachusetts nuclear reactor shuts down during snowstorm

Jan 27, 2015 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'

Jan 27, 2015 Few expect the potentially lucrative Indian market to suddenly become less complicated for U....
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

Jan 27, 2015 Two U.S. power utilities to leverage Cabot’s DARCO® Hg family of mercury control products at ...

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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

Synergy Resources Corporation Launches Common Stock Offering

Jan 27, 2015 Synergy Resources Corporation Launches Common Stock Offering

Surfrider Foundation Opposes Obama Administration Five-Year Plan to Open Offshore Drilling in the Atlantic and Arctic

Jan 27, 2015 Surfrider Foundation Opposes Obama Administration Five-Year Plan to Open Offshore Drilling in...

Abakan Appoints Stephen Goss as Chief Operating Officer

Jan 27, 2015 Abakan Appoints Stephen Goss as Chief Operating Officer

Falconridge Oil Technologies Signs Letter of Intent With Tubestar of India

Jan 27, 2015 Falconridge Oil Technologies Signs Letter of Intent With Tubestar of India

Power Wire News

Walter Energy Suspends Dividend

Jan 27, 2015 Walter Energy Suspends Dividend

Surfrider Foundation Opposes Obama Administration Five-Year Plan to Open Offshore Drilling in the Atlantic and Arctic

Jan 27, 2015 Surfrider Foundation Opposes Obama Administration Five-Year Plan to Open Offshore Drilling in...

Abakan Appoints Stephen Goss as Chief Operating Officer

Jan 27, 2015 Abakan Appoints Stephen Goss as Chief Operating Officer

CGE Energy's R.A.M.P. Lighting Maintenance Program Grows to Over 19,000,000 Square Feet in the Midwest

Jan 27, 2015 CGE Energy's R.A.M.P. Lighting Maintenance Program Grows to Over 19,000,000 Square Feet in th...
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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

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 ...

EPA: 4M gallons pumped from North Dakota pipeline spill

The spill happened in Marmon, about 15 miles north of Williston, and pri...

Oil & Gas UK: Battle over hydraulic fracturing threatening one of the UK's most vital industries

The organization says a bill could be derailed by an amendment conflatin...

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

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...
ISO-New England officials said wind and solar resources are a small but growing part of the region's energy mix, though they are not always available when needed by the region's 14 million residents

ISO-New England presents briefing on state of grid

ISO-New England officials said wind and solar resources are a small but ...

Gas Fired Generation News

Enterprise to Move Forward with Panola gas pipeline expansion

As part of the expansion project, Enterprise plans to install 60 miles o...
Siemens has received an order for three SGT6-5000F gas turbines from Peru for new plants that will be installed in Ilo, which is a seaport in the Moquegua region

Siemens to deliver turbines for gas fired power plants in Peru

Siemens has received an order for three SGT6-5000F gas turbines from Per...

Petrobras shale oil processing technology cuts greenhouse gas emissions

Researchers expect to be able to capture at least 90% of the CO2 emitted...
Wisconsin Public Service files with state utility regulators to add a natural gas-fired, combined cycle unit at Fox Energy Center Site

WPS files to add new 400 MW gas-fired power unit

Wisconsin Public Service files with state utility regulators to add a na...

Renewable Energy

U.S. Department of Energy forms Jobs Strategy Council, an initiative focused on accelerating job growth in American-made clean energy sources

DOE creates Jobs Strategy Council to focus on job growth in energy

U.S. Department of Energy forms Jobs Strategy Council, an initiative foc...
Iberdrola now has 17 wind power facilities either in operation or under development/ construction in Brazil, with a combined capacity of over 500 MW

Wind Power: Iberdrola, Neoenergia tap Gamesa to supply 84 MW

Iberdrola now has 17 wind power facilities either in operation or under ...
Solar energy supporters are pushing back against a bill backed that would amend Indiana's so-called

Solar power supporters, utilities spar over legislation

Solar energy supporters are pushing back against a bill backed that woul...
151 megawatts of wind power to be installed in Yunnan province, assisting China in meeting larger renewable energy production targets

Huaneng selects GE turbines for Chinese wind power farm

151 megawatts of wind power to be installed in Yunnan province, assistin...

Exploration & Production News

EPA: 4M gallons pumped from North Dakota pipeline spill

The spill happened in Marmon, about 15 miles north of Williston, and pri...

McDermott Derrick Barge lifts jacket for GoM offshore production platform

Following this successful project execution, McDermott has been awarded ...
A decade-long addiction to oil subsidized by Venezuela may be coming to an end for several Caribbean nations, with a nudge from the United States.

US works to ease Caribbean dependence on Venezuelan oil

A decade-long addiction to oil subsidized by Venezuela may be coming to ...

Jericho expands oil and gas operations into Oklahoma

Jericho Oil Corporation announced it signed a letter of intent to purcha...

Transmission & Distribution

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
Trilliant announces a strategic partnership with Bit Stew Systems to provide enhanced operations solutions to the global utility industry

Trilliant, Bit Stew team on enhanced solutions for electric companies

Trilliant announces a strategic partnership with Bit Stew Systems to pro...
Utilities prepare crews and equipment ahead of what is anticipated to be one of the worst winter storms to hit the New York, New England East Coast region.

Utilities prep for massive East Coast blizzard

Utilities prepare crews and equipment ahead of what is anticipated to be...
Officials scramble after massive power outage attributed to a militant attack on a transmission tower hits Pakistan

Attack on transmission tower behind massive blackout in Pakistan

Officials scramble after massive power outage attributed to a militant a...

Offshore Oil & Gas News

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 ...

Offshore drilling plan may restrict sensitive Arctic Ocean areas

The federal Department of the Interior will make additional areas of Arc...

3 Alabamians sentenced for oil spill conspiracy

A federal judge in Birmingham has sentenced three family members to pris...

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