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Global LNG production will drive supply surge in 2026, says IEA

Oil & Gas 360º

(World Oil) – Global supply of liquefied natural gas is set to surge the most since 2019 next year, primarily driven by production additions in North America, the International Energy Agency said. The increase in supply will accelerate to 7%, or 40 billion cubic meters a year in 2026, following a 5.5%

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Argentina set for M&A boom under Milei, with energy in focus, PwC says

Oil & Gas 360º

In 2024, Argentina recorded 99 M&A deals, the highest since 2019, with transaction values reaching $8 billion—the largest amount since 2017, PwC data showed. Despite the surge, investors remain cautious due to lingering dividend repatriation restrictions and high country risk.

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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

Some Canadian politicians are now calling for a new crude pipeline from Alberta to the Pacific coast, as part of a broader effort to strengthen the country’s economy in the face of U.S. bbl between 2017 and 2019, according to BMO. Back in 2017-2019, U.S. tariff threats. Oil sands had an average break-even price of $51.80/bbl

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Equinor Files Development Plan for Fram South in Norwegian North Sea

Rigzone

The Fram South development consists of Echino South, discovered 2019; Blasto, discovered 2021; and two smaller discoveries. Oil from the Fram field goes through Troll Oil Pipeline II to Mongstad, and gas is exported to Kollsnes via the Troll A platform. Fram South is in the northern part of the North Sea, about 20 kilometers (12.43

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Although a strong and profitable pipeline of upstream opportunities remains untapped in North America, US shale consolidation has likely run its course. With the increased focus on natural gas, major companies are adjusting their strategies to optimise portfolios and manage risk more effectively.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

If not utilized on site, captured CO 2 can be compressed and transported via pipeline, ship, rail, or truck, and then repurposed for various applications or injected into deep geological formations (such as saline formations or depleted oil and gas fields) for permanent storage. Assuming onshore pipeline capacities ranging between 0.5

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Saskatchewan, Ontario, Alberta Sign MoU to Facilitate O&G Transportation

Rigzone

The MoU establishes a collaborative framework to explore multiple pipeline and rail corridors, and expansion of processing hubs for critical minerals. "Investment and innovation in the oil and gas sector has led to the significant reduction in the emissions we have seen since OGEMR was introduced in 2019.