The economics of battery storage systems (BESS) in Europe look much rosier following changes to the European Union’s (EU) power pricing structure in October, with several countries offering the potential for BESS […]
The Permian “Peak” That Isn’t
It finally happened — U.S. shale’s crown jewel has hit the number the doomers have been pointing to for years. The Permian Basin is set to produce a record 6.76 million bpd […]
EIA forecasts U.S. crude oil production will decrease slightly in 2026
In our latest Short-Term Energy Outlook, we forecast U.S. crude oil production will average 13.5 million barrels per day (b/d) in 2026, about 100,000 b/d less than in 2025. via Today in […]
A Challenging and Volatile Year for U.S. Shale
The US shale exploration and production (E&P) and Lower 48 midstream sectors experienced a volatile and challenging 2025, likely a far cry from what operators envisioned this time last year as the […]
Texas Utility Turns to Fast-Start Reciprocating Engines for Grid Stability
Greenville Electric Utility System (GEUS) has broken ground on a 104-MW power plant that will deploy 11 Jenbacher J920 FleXtra reciprocating engines, marking the largest U.S. installation of the engine model to […]
Red-hot Texas is getting so many data center requests that experts see a bubble
Everything is bigger in Texas. That’s also true for data center demand in the Lone Star State, where project developers are rushing to cash in on the artificial intelligence boom. Cheap land […]
U.S. Rig Count Falls Despite Sizable Gain In Haynesville
U.S. oil and gas rig count fell to 548 for the week ending December 12 according to Baker Hughes, despite some significant gains in gas-directed basins. Rigs were added in the Haynesville […]
Duke University launches power sector ‘competitiveness’ dashboard for Southeast
This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Virginia ranks first, and Alabama last, in a Southeast power sector “competitiveness” dashboard launched this week by Duke […]
US Natural Gas Output and Demand to Smash Records in 2025
The production of US natural gas and demand for it will both end the year at record highs, according to the US Energy Information Administration’s Short-Term Energy Outlook cited by Reuters on […]
Is Oil About to Snap Higher? The Market May Be Too Bearish
Rising oil supply amid tepid demand growth has prompted forecasters and analysts to predict a large surplus on the market going into 2026. All experts and investment banks estimate that the market […]