Rextag
JUNE 20, 2025
The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. The divestitures are expected to close before June 30, 2025. Meanwhile, a new LNG terminal in British Columbia is set to boost natural gas demand.
McKinsey
JUNE 16, 2025
In 2007, McKinsey developedâfor a Swedish utilityâthe first marginal abatement cost curve (MACC) to provide such a framework (Exhibit 1). Since 2007, MACCs and their equivalents have become widely accepted. Â And natural gas emerged as a transition fuel; the shale gas boom and its scale were not anticipated in the original MACC.
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Rigzone
JULY 31, 2025
per barrel) and, in nominal terms, roughly where it was in 2007” “The price has been stuck close to $70 per barrel for several years and while the volume and type of trading along the curve is not what it was 15- 20 years ago, inertia at a low price still sends a powerful negative investment signal,” the analysts noted.
Rigzone
JULY 11, 2025
The project involves the conversion of a liquefied natural gas (LNG) carrier into an FSRU named LNGT Turkiye, Seatrium said in a news release.
Rigzone
AUGUST 4, 2025
This would be due to the growth of renewable energy rather than an increase in liquefied natural gas (LNG) imports, the Institute for Energy Economics and Financial Analysis (IEEFA) said. percent rebound in 2024, natural gas generation remained less than in every year between 2007 and 2021”, it said.
Rigzone
JUNE 27, 2025
It’s a company built on firm foundations, much like the strong granite synonymous with the city” “Adura will sustain domestic oil and gas production and security of energy supply in the UK and beyond”, Equinor added. Adura will include Equinor’s 29.89 percent stake in the CNOOC Ltd.-operated
Rigzone
JUNE 30, 2025
Johan Castberg is the third field developed in the Norwegian Barents Sea after Snohvit, which started production 2007, and Goliat, which went online 2016. “This increases energy deliveries from the Barents Sea by 150 percent”, Equinor said in a statement June 20.
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