oil

Global energy giant BP said it would cut thousands more jobs by the end of this year, as the company continues to reduce its renewable energy plans to focus more on its longtime core business of oil and gas production. UK-based BP, which has its U.S. headquarters in Houston, Texas, has said it plans to […]

The advent of President Trump’s second term has heralded significant changes for the U.S. energy industry, and savvy private equity investors are adapting. Six months down the road, the reprioritization of investment opportunities by such savvy private equity investors has delineated some clear—and familiar—near-term winners. Two of the top five private equity investment trends in […]

The uncertainty surrounding the global tariff war is reshaping the landscape of mergers and acquisitions (M&A) within the energy sector. This dynamic environment presents both challenges and opportunities for investors, compelling them to navigate a complex web of trade policies, supply chain disruptions, and geopolitical shifts.

Managing the different oils and greases that make up your lubricant arsenal is a daunting task. Most power generation facilities employ a lubricant champion to keep those products carefully sorted and implemented. But like most highly skilled experts, lubricant champions can only do a great job when they’re properly supported. If you want to maximize productivity, […]

Talen Energy has reached an agreement with PJM Interconnection, the Maryland Public Service Commission, Maryland electric utilities, consumer representatives, and the Sierra Club to extend operations at its 1.3-GW coal-fired Brandon Shores power plant and 774-MW oil-fired H.A. Wagner units until May 31, 2029, under a reliability-must-run (RMR) contract. If approved by the Federal Energy […]

China’s thermal power generation reached a record high in 2024, primarily due to the country’s coal-fired power plants, even as the country continues to add renewable energy resources to its power grid. Data from China’s National Bureau of Statistics showed electricity production from the country’s coal, oil, natural gas, and nuclear power sectors increased 1.5% […]

President-elect Donald Trump’s transition team has made the U.S. energy industry a focus of its plans for his first days in office, with analysts and energy experts expecting a rollback of environmental regulations for coal- and natural gas-fired power plants. That may have some utilities rethinking their strategies about the scheduled closure of some fossil […]

California utility Pacific Gas & Electric (PG&E) said the company is nearing a deal to sell power generation assets to KKR, a New York City-based global investment firm that has holdings in several business sectors, including energy and infrastructure. PG&E has been seeking money to pay for wildfire mitigation work across its service territory, and […]

Turbines are by far the single most-costly piece of equipment for many energy businesses, which highlights the importance of lubrication for these assets. Although turbine oil could last for more than a

A study from a group that recruits workers for energy sector jobs has found that as many as 39% of workers in the nascent green hydrogen industry are coming from the fossil fuel sector. The report from WorldWide Recruitment Energy, released in January 2024 and the second edition of the study, compiled responses from more […]

Renewable energy in Brazil will get a boost after the chief executive of Petrobras, the country’s state-run oil giant, said the company will begin buying solar power and onshore wind projects in an effort to build a clean energy portfolio. Jean Paul Prates, in an interview with the Reuters news service published Jan. 22, said […]

Varnish is one of the most widespread issues in power plants. It’s the hard, oil-insoluble organic residue that cannot be easily removed from mechanical components. It typically occurs in turbines or compressors due to extreme temperatures, disrupting plant operations and causing downtime, which ultimately leads to revenue losses. When varnish forms on a critical piece […]

Ariege Biomasse Cogeneration, situated in Saint-Paul-de-Jarrat, Ariege, France, is a biomass cogeneration plant that derives electricity and heat from locally sourced wood. The facility was commissioned in

This paper explains the mechanisms that affect lubricating oil consumption in stationary gas engines. It explains the positive and negative consequences of oil consumption. It discusses the importance of

European leaders should minimize gas use in the power sector and temporarily ramp up coal- and oil-fired generation while accelerating low-carbon sources to guard against energy market turmoil that has grown “especially perilous,” the head of the International Energy Agency (IEA) said on July 18. “I’m particularly concerned about the months ahead,” wrote IEA Executive […]

The French government is prepared to take full control of EDF, one of the world’s largest producers of electricity, as the energy group struggles with increasing debt due to problems with its current and future nuclear power fleet. Élisabeth Borne, who took over as France’s prime minister in May, in her first state-of-the-nation speech to […]

The first step to solving a problem is recognizing that one is present. An operations team cannot adequately put a sufficient maintenance plan in place if there is no awareness that maintenance is required. One particular area that used to suffer much more regularly from this lack of diagnosis in a power plant setting is […]

The current geopolitical crisis spurred by the Russian invasion of Ukraine should provide a rude awakening in the West to our misguided and flawed policies toward energy development by government and major

Oil, gas and power prices are increasing on a daily basis. From weather to world events, inflation has skyrocketed and energy prices are soaring. This has created a market volatility that is directly impacting the wallets of consumers and the bottom lines of all size businesses. Yet some companies are having little to no economic […]

Electrification is changing global energy use, as entities worldwide replace technologies that use fossil fuels such as natural gas, oil, and coal, with processes that electricity as the source of energy. Proponents of electrification tout it as a way to reduce emissions of carbon dioxide (CO2) from the industrial, transportation, building and other sectors, which […]

A California developer of concentrated solar power (CSP) systems has announced an innovation that it says combines the company’s technologies to turn existing oil wells into energy storage sites that can provide clean energy. Hyperlight Energy on Feb. 24 said it was launching Tectonic Sun, an electricity generation technology that when paired with the company’s […]

Designed to provide customers with end-to-end service, Keep Clean Vendors enable a holistic approach to operations looking to maximize returns on investments in lubricant programs. SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Products Company, a division of Chevron U.S.A. Inc., today announced the launch of the Keep Clean Preferred Vendor Program to provide customers with the tools and […]

A power plant in Western Canada is showcasing carbon capture technology that can first be deployed at a coal-fired facility, and then adjusted to accept flue gas from a natural gas-fired system without the

Developed in partnership with Fluitec®, Mobil™ Solvancer® is an oil-soluble cleaner designed for gas and steam turbine applications, compressors and hydraulic systems. Can be added to in-service oils to help quickly dissolve varnish and organic deposits, supporting oil conversions, alleviating varnish-related operational issues, and helping with oil life extension. Gentle on systems and compatible with […]

As operational conditions continue to evolve and change with power generation, so does the degree of complexity within those systems, becoming a common pain point for plant managers that requires rigorous

The first SAE 30 stationary gas engine oil to receive MAN M 3271-5 and M 3271-2 approvals HollyFrontier Lubricants & Specialties has launched Petro-Canada Lubricants SENTRONTM SP 30, an advanced-performance SAE 30 stationary gas engine oil and the first of its category approved to meet MAN Truck & Bus AG’s latest M 3271-5 and M […]

Oil and lubricants play a critical role in the operation of natural gas and biogas power generation engines, for example, in combined cycle (CC) and combined heat and power (CHP) plants. The oil condition gives valuable insight in the running status of the engine and many critical failures can be flagged. Benefits of Real-time Monitoring […]

Biodegradable 650 AML Extends Equipment Life by Significantly Reducing Wear at High Loads Groveland, Massachusetts  Chesterton is pleased to announce a one-for-all 650 Advanced Machinery Lubricant (AML) for chain, pneumatics and other machinery assemblies in industrial, and food and beverage markets. It is formulated with a unique food grade plant-derived ester blend, making it a […]

Polyalkylene glycol (PAG) and polyalphaolefin (PAO) are two synthetic lubricant options for industrial applications. Understanding the advantages and disadvantages of each can help end-users decide which option is best for a given application. Why Synthetic Lubricants? According to analysis conducted by Kline & Co., more than 78% of all lubricant requirements in the world annually […]

Roiled over 2020 by the COVID-19 pandemic, two much-watched international power market outlooks surveying short-term and long-term implications caution the road ahead will be ridden by complexity. The