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

Shell to slash investment after oil price drop hurts profit

Jan 29, 2015 Royal Dutch Shell Plc said Thursday it plans to cut spending by $15 billion over the next thr...

Even with low prices, US oil industry pushing for exports

Jan 29, 2015 The ban was put in place in the 1970s after the OPEC oil embargo led to fuel rationing, high ...

Damen delivers custom winches for Fugro deepwater drilling

Jan 29, 2015 The deepwater drilling vessel MV Bucentaur will be outfitted with the Damen constant tension ...

Latest Energy News - Power

Buchanan Renewables has dismissed 600 workers and left Liberia amid complaints of workplace injuries, environmental harm and, at times, sexual abuse

A US renewable-energy blueprint, meant to help Liberia, fails

Jan 29, 2015 Buchanan Renewables has dismissed 600 workers and left Liberia amid complaints of workplace i...
Accomack County soon could be home to the largest solar energy facility on the East Coast, after county officials approved a conditional use permit and rezoning

80 MW solar power facility coming to Accomack County

Jan 29, 2015 Accomack County soon could be home to the largest solar energy facility on the East Coast, af...
Siemens signed a long-term service agreement for the Blythe Energy Center in California, USA. Pictured is an inspection of a vane segment in an SGT6-4000F gas turbine.

Siemens wins service contract at gas-fired Blythe Energy Center

Jan 29, 2015 Siemens contracted to provide long-term service at the natural gas-fired Blythe Energy Center...

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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

Forbes Magazine Ranks Precision Frac #4

Jan 29, 2015 Forbes Magazine Ranks Precision Frac #4

Walter Energy Garners West Virginia State Safety Awards

Jan 29, 2015 Walter Energy Garners West Virginia State Safety Awards

Chambers of Commerce to Fight Low Carbon Fuel Standard in Oregon

Jan 29, 2015 Chambers of Commerce to Fight Low Carbon Fuel Standard in Oregon

HII Technologies, Inc. Announces Preliminary Revenues for Fiscal 2014 and Provides Operational Update

Jan 29, 2015 HII Technologies, Inc. Announces Preliminary Revenues for Fiscal 2014 and Provides Operationa...

Power Wire News

Forbes Magazine Ranks Precision Frac #4

Jan 29, 2015 Forbes Magazine Ranks Precision Frac #4

VIA Motors Provides VIP Shuttle Services to Filmmakers at Sundance Film Festival

Jan 29, 2015 VIA Motors Provides VIP Shuttle Services to Filmmakers at Sundance Film Festival

Vectren to Discuss 2014 Results and 2015 Outlook on Conference Call

Jan 29, 2015 Vectren to Discuss 2014 Results and 2015 Outlook on Conference Call

HPEV Announces Amicable Settlement of Lawsuits With Spirit Bear Limited

Jan 29, 2015 HPEV Announces Amicable Settlement of Lawsuits With Spirit Bear Limited
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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

Even with low prices, US oil industry pushing for exports

The ban was put in place in the 1970s after the OPEC oil embargo led to ...

Tata Steel celebrates North Sea oil and gas pipeline supply milestone

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

US House passes bill aimed at expediting natural gas exports

The Republican-controlled U.S. House has passed a bill aimed at expediti...

APPEA: Victoria needs more natural gas not another lengthy inquiry

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

Nuclear Power Generation

Latest IEA- NEA roadmap finds prospects for nuclear energy remain positive in the medium to long term despite a negative impact in some countries post-Fukushima

IEA: Taking a fresh look at the future of nuclear power

Latest IEA- NEA roadmap finds prospects for nuclear energy remain positi...
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...

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

Siemens signed a long-term service agreement for the Blythe Energy Center in California, USA. Pictured is an inspection of a vane segment in an SGT6-4000F gas turbine.

Siemens wins service contract at gas-fired Blythe Energy Center

Siemens contracted to provide long-term service at the natural gas-fired...
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...

NY adopts regulations for liquefied natural gas facilities

New York state has adopted regulations covering fueling and storage faci...

Renewable Energy

Buchanan Renewables has dismissed 600 workers and left Liberia amid complaints of workplace injuries, environmental harm and, at times, sexual abuse

A US renewable-energy blueprint, meant to help Liberia, fails

Buchanan Renewables has dismissed 600 workers and left Liberia amid comp...
Accomack County soon could be home to the largest solar energy facility on the East Coast, after county officials approved a conditional use permit and rezoning

80 MW solar power facility coming to Accomack County

Accomack County soon could be home to the largest solar energy facility ...
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 ...

Exploration & Production News

Shell to slash investment after oil price drop hurts profit

Royal Dutch Shell Plc said Thursday it plans to cut spending by $15 bill...

Even with low prices, US oil industry pushing for exports

The ban was put in place in the 1970s after the OPEC oil embargo led to ...

Total awarded oil exploration concession percentage in Abu Dhabi

Total has signed a new 40-year onshore concession agreement with the Sup...

Tata Steel celebrates North Sea oil and gas pipeline supply milestone

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

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

Shell to slash investment after oil price drop hurts profit

Royal Dutch Shell Plc said Thursday it plans to cut spending by $15 bill...

Damen delivers custom winches for Fugro deepwater drilling

The deepwater drilling vessel MV Bucentaur will be outfitted with the Da...

Tata Steel celebrates North Sea oil and gas pipeline supply milestone

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

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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