article thumbnail

Shuttered Three Mile Island Nuclear Plant Poised for 2027 Restart

OilPrice

Constellation Energy announced Tuesday it is accelerating plans to restart Unit 1 of the Three Mile Island nuclear plant by 2027, as mounting power demand and evolving energy policy breathe new life into the once-retired facility. The proposal could make Three Mile Island the first U.S.

Operator 205
article thumbnail

Supermajors to Significantly Boost Oil and Gas Output in Nigeria

OilPrice

Supermajors Shell and TotalEnergies expect to raise oil and gas production over the next two years from projects they operate in Africa’s top oil producer, Nigeria. Last year, TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40% interest, took the Final Investment…

Gas 303
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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., This information may not be appropriate for other purposes.

Operator 130
article thumbnail

Meta Deal With Constellation Will Keep Illinois Nuclear Plant Open

POWER Magazine

Meta and Constellation on June 3 said the contract means the power plant will continue to operate beyond its expected closure in 2027. Technology group Meta, the parent of Facebook and Instagram, has signed a 20-year power purchase agreement with Constellation Energy to take about 1.1

Operator 162
article thumbnail

European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity.

Gas 75
article thumbnail

OEG to Support Inch Cape Offshore Wind Farm Construction until 2027

Offshore Energies UK

OEG, a leading energy solutions business, has won a multi-million-pound contract to support the construction phase of the Inch Cape Offshore Wind Farm until operational in 2027. Over 100 OEG personnel will support the delivery of this contract, which includes the recent addition of six new appointments.

article thumbnail

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

Oil & Gas 360º

Qatar’s North Field East LNG expansion project is set to start operations in the middle of next year, “although much of its expected upside will spill into 2027,” the IEA said in the report. For the rest of 2025, however, the IEA cautioned that the market remains vulnerable to shocks.