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UK Government Promises to Cut Industrial Energy Bills

OilPrice

The Starmer government has promised it would reduce industrial users’ electricity bills by up to 25% from 2027 as part of its energy strategy, due to be released this week.

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Canada’s Trans Mountain Pipeline Could Boost Capacity by 2027

OilPrice

The expanded Trans Mountain pipeline in Canada could raise its capacity by another 75,000 barrels per day (bpd) by early 2027, which could potentially increase Canadian crude oil exports from its Pacific Coast to non-U.S.

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Slovakia to Tap Up to 100% Russian Gas Under EU Exemption

OilPrice

Slovakia’s government is planning to increase its intake of Russian pipeline gas under a temporary EU exemption, reversing earlier commitments to phase out Russian energy supplies in a controversial move amid a growing bloc-wide crackdown on Russian fossil fuels.

Gas
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Enbridge Announces 600-Megawatt Solar Project to Support Meta Platforms, Inc. Data Center Operations

Oil & Gas 360º

Construction is underway, and the facility is expected to enter in service during the summer of 2027. Enbridge’s estimated project cost is US$0.9b and the project is expected to be accretive to cash flow and earnings per share starting in 2027. Meta Platforms, Inc.,

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Argentina finally emerges as a South American oil powerhouse

Oil & Gas 360º

Official government data shows Argentina lifted an average of 771,888 barrels of crude oil per day during June 2025, more than 62% weighted to shale oil the largest proportion reported yet. This facility is being expanded, which upon completion in 2027 will lift daily transportation capacity to 1.4

Oil
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From Landfill to Leadership: EQT Acquires Majority Stake in Waga Energy for $611M

Rextag

In addition to aligning with EQT’s environmental, social and governance (ESG) investment strategy, the deal provides financial advantages. Bcf/d beginning in 2027. Bcf/d Southeast Supply Enhancement, expected online in Q4 2027, reinforcing long-term supply and infrastructure alignment.

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Exxon vs. Chevron battle sets stage for oil industry’s race for prize assets: Bousso

Oil & Gas 360º

million bpd by the end of 2027. government in 1911. The Guyanese field’s production has soared from zero in 2019 to 668,000 barrels per day by the end of March 2025, and is forecast to nearly double to 1.3 ARMS RACE Exxon and Chevron both trace their roots to Standard Oil, the conglomerate formed by John D. shale oil.

Oil