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As Saudi Arabia moves forward on its trajectory towards ending oil burn by 2030, 2028 is shaping up to be an inflection point. Recent months have seen a number of contracts awarded for developing gas-fired power generation capacity in the kingdom, with the projects due to be completed in 2028.
Current estimates say the project will begin in April, with completion scheduled for 2028. Via Metal Miner Construction work is tentatively due to start on a dual-gauge rail line between China and the Republic of Mongolia. Reports indicate that the rail line will increase coking coal transport by up to 30%.
The completion of the transaction is subject to customary regulatory approvals. By 2028, Plenitude aims to reach 10 GW of installed renewable capacity. billion (12 billion euros). Under the agreement, global alternative investment manager Ares Management will buy 20% in Plenitude for $2.3
Tri-State Generation and Transmission Association has completed work on an electricity transmission line in eastern Colorado, one of several transmission and distribution (T&D) projects the group has planned through 2028. […] The post Tri-State Energizes Colorado Transmission Line appeared first on POWER Magazine.
(Nasdaq: PROP) (the Company or Prairie) an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin today announced it is beginning completions of nine previously drilled but uncompleted (DUC) wells acquired in the recent Bayswater transaction.
To expand storage capacity, the Ministry completed 8 of 16 spherical LPG tanks, each with a 3,000-cubic-metre capacity, adding 24,000 cubic metres overall. It says the Ministry has raised associated gas capture from 53% to 70%, and dry gas production from 1,300 to 1,800 million standard cubic feet per day (mmscfd).
The full scope of the contract includes digital directional drilling services and hardware, logging while drilling (LWD), surface logging, cementing, drilling and completions fluids, completions, and wireline services. First production is targeted in 2028. Manufacturing is currently on track.
US and Canadian nuclear regulators completed joint review of Terrestrial’s IMSR (molten salt) nuclear reactor. Terrestrial Energy looks to commercialise the Generation IV small modular reactor (SMR) technology and begin operating its first plant by 2028.
Denver-based Tallgrass said last week it completed anchor shipper agreements for a new pipeline that will transport natural gas from multiple points in the Permian Basin to the Rockies Express pipeline and other points of delivery. Target in-service date is late 2028. Pipeline capacity is designed for up to 2.4
Even with Q1 2025 rig activity down 24% year-over-year, production rose 12%—thanks to techniques like triple-frac completions , longer laterals, and automation. Final Thought: Chevron’s 2025 Playbook = Efficiency + Optionality Chevron is shifting from a “drill more” mentality to a “drill smarter” one.
Plenitude plans to reach 10 GW of renewable capacity by 2028. completed the purchase of a 25 percent stake in another Eni company, biofuels developer Enilive. That would be raised to 30 percent after the completion of a later agreement. Plenitude is active in over 15 countries.
Borouge targets a 32% organic increase in capacity to 6.6mn t/y by 2028, on top of merger plans which will catapult the firm into the global top 5 polyolefins companies. First up, the completion and integration of the Borouge-4 expansion by end-2026.
“As of 2025, the LNG global supply is set to grow significantly - and at increasingly fast pace - with 33 bcm of additional capacity in 2025, more than 50 bcm in 2026, nearly 70 bcm in 2027, and 50 bcm in 2028. This will increase the total LNG capacity by about 200 bcm by 2028, five times more than the EU imports of Russian gas.
Plenitude had already completed two photovoltaic systems with capacities of 2.5 Plenitude also completed the construction of a 200-MW battery energy storage system in Webb County, Texas. MWp and 1.183 MWp at Modine’s sites in Pocenia and San Vito al Tagliamento. GW, according to Eni.
The company has lined up numerous supply deals with global producers, mainly for LNG, building a portfolio that’s seen as part of preparations for privatization, which Berlin is seeking to complete by the end of 2028. conference in London Tuesday.
More than 60 projects are scheduled for completion by yearend 2028. The list of plants is comprised of 108 proposed new gas plants and 17 expansions, including 4 currently under construction, 33 that have received permits but have not broken ground, and 98 proposed plants.
Moving beyond the lab, Metafuels' demonstration plant with a production capacity of 50 litres is nearly complete which this blogger was also given a kind tour of. The first step of this would an industrial-scale commercial plant with a capacity of 5000 litres, or hundred-times that of the pilot plant by 2028.
Kelsian expects approximately $59 million in total contract revenue for the initial work scope, anticipated to be delivered over a roughly three-year period to August 2028, although the exact value may still change. Sørlige Nordsjø II is Norway’s first significant offshore wind development.
where the developers Northern Real Estate Urban Ventures and Nix Development were announced for a metro station complex set to break ground in 2028. A similar, though less ambitious, project was completed in the fall of 2023 in the Brooklyn borough of New York City. Completed in 2019, it was designed by John Ronan.
Ruwais LNG, set to commence operations in 2028, is expected to become one of the lowest-carbon intensity LNG plants globally, powered by clean energy and advanced AI-driven technology. With up to 8 mtpa of its 9.6 With up to 8 mtpa of its 9.6
LNG production is expected to start in the first quarter of 2028, to serve the marine fuel market in the Gulf. A new LNG bunkering vessel is currently under construction, which will be stationed in Sohar from 2028 to supply LNG to a wide range of vessels.
The information contained herein: (1) may not be copied or distributed; and (2) is not warranted to be accurate, complete or timely. The information contained herein: (1) may not be copied or distributed; and (2) is not warranted to be accurate, complete or timely. percent a year from 2025 to 2028, lower than the 2021â24 rate of 1.6
The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Scheduled for completion in early 2028 , with expansion potential beyond 400,000 bpd. ONEOK expects higher ethane recovery rates , further increasing the volumes transported.
On Thursday Commonwealth said it had completed the permitting process before the United States Department of Energy (DOE), allowing it to deliver to both FTA and non-FTA countries. Delivery is set to start 2028. LLC’s planned Commonwealth LNG project in Louisiana. Woodside’s Louisiana LNG reached an FID last April.
In its release, BP said Shah Deniz Compression is one of the 8-10 major projects expected to start up between 2028 and 2030, “as disclosed at BP’s 2025 capital markets update” The company added that the project is expected to contribute to growing BP’s global upstream production to 2.3
In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. in LNG infrastructure expansion, with several new projects advancing toward completion in 2025. The first projects are expected to be operational by 2028. Louisiana led the U.S.
percent for 2028 to 2030, based on ETS directive, âDirective 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a M9 system for the greenhouse gas emission allowance trading within the M9 Union and amending Council Directive 96/61/EC,â European Union, March 1, 2024. percent, dropping to around 0.8
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). Westshore is completing a MAJOR potash expansion.
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