This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The new cryo facility will commence operations in Q1 of 2027. NiTech NRU technology empowers operators to recover reserves previously deemed uneconomical due to high nitrogen or other contaminants. BCCK has signed an agreement with ZAP Engineering and Construction Services Inc. An NRU takes shape in Texas.
Operational hiccups: Startup is not at full capacity due to line issues, but the commissioning timeline remains intact. coast and expected online between 2027 and 2028 , potentially doubling Canadian LNG export capacity by the end of the decade. Trade flow shift: With Canadian gas exports to the U.S. averaging 8.6 export congestion.
producers and pipeline operators to revisit plans for new infrastructure in Appalachia—the country’s most productive gas region. Owned by DT Midstream and TC Energy, the pipeline already moves 2.0 Rising demand for natural gas and favorable policy support are driving major U.S. Bcfd by 2029, responding to strong shipper interest.
is charging ahead with its strategy to enhance midstream performance and integrated growth, announcing major new developments during its Q1 2025 earnings call on April 25. Key project highlights: Iron Mesa is expected to start up in Q1 2027. Phillips 66 Co.
Plan: Use Direct Lithium Extraction (DLE) for EV and grid storage supply chains Competitive advantage: Fluid handling expertise from oil & gas operations Lithium demand is expected to quadruple by 2030—and Chevron wants in early. This move supports Chevron’s New Energies division.
With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. ” The Pion Midstream acquisition in 2024 reinforced Enterprises position in sour gas processing. Our goal is to export over 100 million barrels a month by 2027.”
“Argentina LNG is a large-scale integrated, upstream and midstream gas development project designed to develop the resources of the onshore ‘Vaca Muerta’ field and serve international markets”, Eni added. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.
During their Q4 2024 earnings call , the company outlined how strategic acquisitions, processing expansions, and pipeline investments will drive growth in their Midstream business and position them to capitalize on rising NGL and crude demand. Were not going to grow Midstream just to grow Midstream, said Mark Lashier, CEO of Phillips 66.
We expect existing oil pipelines to be filled by 2027. Existing capacity on TMX and Canadian Mainline expected to fill by 2027. the largest source of gas in Canada, as well as select midstreamers, the companies that gather and process the gas and liquids. Figure 1: Canadian oil egress projections through 2030.
On May 1, 2025 , the Railroad Commission of Texas (RRC) issued a significant new permit to WWM Operating, LLC , authorizing operations for the Traverse Pipeline a major gas transmission project set to enhance energy transport capacity across multiple South Texas counties.
in shares Combined deal value : $2.84B (~33% of SCR’s enterprise value) Assets represented 12% of 2024 operating earnings, 15% of proved PV-10 No cash taxes expected (leveraging $5.5B Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
This strategic pivot, alongside the OPEC+ decision to cap Aramcos oil production at 12 million barrels per day by 2027, is designed to support price stability while increasing domestic gas consumption. Saudi Arabia is stepping up investment in natural gas as a cleaner, lower-carbon alternative to oil and coal.
oil production resilience depends on two pillars: An inventory of low-cost projects (sub-$40/bbl) Sustained operational activity to avoid decline and cost inflation Insights from the top oil & gas CEOs reinforce this modelbut they also reveal growing concern about capital discipline and production headwinds. Takeaway : U.S.
According to Occidental Petroleum CEO Vicki Hollub, unless the industry embraces artificial intelligence and carbon capture technologies on a larger scale, domestic oil output could hit a production plateau as early as 2027. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
The first phase of this initiative will involve the delivery of seven GE gas-powered turbines, expected to begin providing power in 2027. Chevrons history of deploying behind-the-meter power solutions in remote oil and gas operations, such as the Permian Basin, makes this a natural expansion of its expertise.
Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. These initiatives are progressing and will drive substantial growth once operational. July 2024 : WhiteWater Midstream announced the Blackcomb Pipeline, a 2.5 The pipeline will have a capacity of 1.5 Bcf/d capacity project.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content