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It expects to commission the projects by the first quarter of 2027. The combined entity targets to serve remote and underserved power generation facilities, heavy-duty transport and marine fueling networks, critical infrastructure and industrial emitters seeking alternatives to diesel and propane. energy”, the statement noted.
percent reduction factor for 2024 to 2027 and 4.4 An expansion of the EU ETS that covers buildings and road transport emissions is expected to be fully operational by 2027. 9 âEU Emissions Trading System (EU ETS), ETS2: Buildings, road transport and additional sectors,â European Commission, October 2023.
A final investment decision (FID) on the Pelican Pipeline was taken in October 2024 after having sufficient firm transportation agreements with shippers were secured ( OGJ Online, Oct. The pipeline is designed to transport natural gas through about 170 miles of pipeline from Williams, La., bcfd from 1.75 bcfd, the company said.
The nation is undertaking a massive North Field Expansion project that will boost its LNG production capacity from 77 million tonnes per annum (MTPA) to approximately 126 MTPA by 2027. In transportation, for instance, the foremost considerations include solutions for safe transfer of liquefied gas as well as carrier operations.
million metric tons a year by 2027. and Lummus Technology, provides technology for the production of both renewable and conventional transportation fuels, premium base oils and more sustainable petrochemicals. Neste aims to grow its production capacity for renewable fuels to 6.8 CLG, a joint venture between Chevron Corp.
Construction is underway, and the facility is expected to enter service in the summer of 2027, the company said in a news release. Enbridge's estimated project cost is $900 million and the project is expected to be accretive to cash flow and earnings per share starting in 2027, the company said. Owned by Westcoast Energy Inc.,
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The project is expected to begin producing LNG in 2027. Smith Editor in Chief Chris brings 32 years of experience in a variety of oil and gas industry analysis and reporting roles to his work as Editor-in-Chief, specializing for the last 20 of them in the midstream and transportation sectors. and the associated 4.4-bcfd
The Port Arthur LNG Phase 1 project, which is currently under construction, is expected to achieve commercial operation in 2027 and 2028 for trains 1 and 2, respectively. million tpy of LNG to JERA on a free-on-board basis.
Projects that start construction after 12 months have to enter service by the end of 2027 to qualify for the credits, according to ACP. Skip Navigation Markets Pre-Markets U.S. Projects that start construction within 12 months of the bill becoming law can still qualify for full tax credits, according to ACP. after the legislation passed.
Construction is underway, and the facility is expected to enter service in the summer of 2027, the company said in a news release. Enbridge's estimated project cost is $900 mllion and the project is expected to be accretive to cash flow and earnings per share starting in 2027, the company said. Owned by Westcoast Energy Inc.,
Nurphoto | Nurphoto | Getty Images As part of BP's strategic reset, the company announced plans to increase annual oil and gas spending to investment to $10 billion through 2027, while slashing spending on renewables. Skip Navigation Markets Pre-Markets U.S. It is also targeting $20 billion in divestments over the coming years.
“The agreement defines the required steps to reach the final investment decision for the phase of the project that includes the production, treatment, transportation and liquefaction installations of gas through floating units, for a total capacity of 12 million tons of LNG per year”, Eni said in an online statement.
As for North Field West, it is in the engineering phase and will be going into the construction phase somewhere in 2027”, QatarEnergy chief executive Saad Sherida Al-Kaabi, who is also Qatar’s energy affairs minister, told the World Gas Conference in Beijing earlier this year, as quoted in a statement from QatarEnergy.
It has a waiver to import Russian LEU through 2025 and has applied for waivers through 2027. Skip Navigation Markets Pre-Markets U.S. Centrus' main business right now is importing LEU for U.S. nuclear plants with contracts that run through 2040. law, exceptions that allow Russian imports will cease by 2028.
The investment bank expects MP Materials to post negative free cash flow this year and in 2026, but the company has a strong balance sheet should accelerate positive free cash flow from 2027 onward. Skip Navigation Markets Pre-Markets U.S.
The European Unions new emissions trading system, expected to take effect in 2027, is set to hike prices for home heating and transportation, research firm BloombergNEF says in a new report.
El gasoducto Mayakan estar completo en 2027. Aunque inicialmente se haba estimado que iniciara operaciones en diciembre de 2026, Ludlow aclar que el proyecto avanza por etapas, y su conclusin total ser en 2027. Engie y Macquarie duplicarn su capacidad para garantizar suministro elctrico con gas natural en el sureste mexicano.
Meanwhile, Kinder Morgans LNG transport contracts are already locked and loaded: 7 Bcf/d now, expected to hit 11 Bcf/d by 2027. That includes chunky new projects like the $1.6 billion Trident line and the $1.7 billion Mississippi Crossing system. And as for AI forecasts being too rosy? Kinder didnt blink.
We expect existing oil pipelines to be filled by 2027. The ability to transport more oil efficiently will not only support higher production levels but also stabilize prices, benefiting producers and the broader economy. Existing capacity on TMX and Canadian Mainline expected to fill by 2027.
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.
billion in 2027 2029, before returning to sustaining expected capital of $0.8 In light of low current oil prices, Strathconas updated long-range plan reflects a deferral of the sanction of the Lindbergh Phase 2 expansion project from 2026 to 2027 to prioritize near-term free cash flow generation. billion in 2026 and $1.1 $1.2
A las y los empresarios yucatecos les pedimos que esta inversin la vean como algo positivo, porque cada peso que entra al estado se multiplica cuando circula a travs de nuestras panaderas, talleres, agroindustria, transporte y el comercio”, asegur.
The amount of emissions covered will expand greatly when Phase 2 starts in 2027 with the inclusion of Brazil, India, Russia and China in the scheme. Airlines can purchase carbon credits in the voluntary market, which must meet the high CORSIA standards, or they can purchase sustainable aviation fuel.
Growing Midstream EBITDA Through Permian Expansion The Permian is a major driver of Midstream earnings growth for Phillips 66, and they expect these investments to contribute to their $1 billion Midstream EBITDA growth goal by 2027. Crude oil and NGL volumes are rising , driving more demand for transportation and processing.
Pipeline Investments: Expanding Permian Takeaway Capacity With NGL and crude oil production rising , Enterprise is investing in pipeline infrastructure to ensure smooth transport from the wellhead to export hubs. Our goal is to export over 100 million barrels a month by 2027.” ” The rise in U.S. hydrocarbons.
And its going to get worse, as logistics – transportation costs have become a big burden for foreign potash producers. Which means that if you can produce potash locallywhich by definition means MUCH LOWER transport costswell, you should make A LOT of money. That is a MASSIVE reduction in the cost of transportation.
billion project spanning 216 miles, designed to enhance natural gas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. The pipeline will have a capacity of 1.5
By 2050, electric heating and transportation could increase demand by up to 3,000 terawatt-hours. By 2030, flexibility from heat and transport alone could unlock 30 TWh of renewable generation , reducing the use of costlier fossil fuels. Analysts expect that the US DER market will nearly double by 2027.
The new requirements would be phased in slowly beginning in 2027, giving state regulators and operators time to plan for implementation. Mayes Middleton, sponsor of S.B. 1150, which would require oil and gas operators to either reactivate or plug an orphan well after 15 years of inactivity.
We think that between 2027 and 2030 its likely that the U.S. Producers such as Chevron and Coterra have been recycling their produced water for future fracking, helping to reduce transportation and other disposal costs.
Meaningful revenue is not until 2027 for WTE. They do have a contract with Glencore that comes up in 2027, but it seems less likely given that I can’t see anywhere else for the coal to go and I doubt Glencore wants to be completely reliant on a single terminal anyway (they partly own the Neptune Terminal outside of Vancouver).
That said, President Donald Trump was keen earlier this week to touted his administrations work on a proposed Alaska pipeline, allowing the transportation of natural gas across the state, for both domestic consumption and to export it overseas. given Canada is a major supplier of U.S.s total annual natural gas imports.
Solar and wind farms that enter service after 2027 would no longer be eligible for the credits. watch now VIDEO 6:06 06:06 Rooftop solar industry is “toast,” Clean Energy Transition CEO says Squawk Box Europe The phaseout is more gradual than previous versions of the legislation, which had a hard deadline of December 31, 2027.
This includes Agility Robotics, which intends to scale from 1,200 units of Digit robots in 2025 to 7,500 by 2027 at a new facility in Oregon. ⦠and transporting objects, as well as other tasks such as operating hand-held tools and manipulating basic devices.
This reflects a shift in Chinaâs trade mixâexporting less in concentrated sectors like electronics, while expanding in less concentrated areas such as transportation machinery. For example, Europe has reduced its share of natural gas imported from Russia to 19 percent, from 45 percent, with the aim of dropping to 0 by 2027.
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