article thumbnail

Natural Gas Lifts Kinder Morgan to 13% Revenue Growth, $9.3B Backlog

Rextag

Strong Operational Performance and Growing Project Pipeline Kinder Morgan currently transports approximately 8 billion cubic feet per day (bcfd) of natural gas to LNG export terminals under long-term contracts and expects this to rise to 12 bcfd by 2028. In Q2, the company moved 44,585 BBtu/d, up from 43,123 BBtu/d in the prior year.

article thumbnail

Record production at Exxon and Chevron humbles European rivals: Bousso

Oil & Gas 360º

Shell aims to grow oil and gas production by 1% annually into 2030. Shell aims to hold upstream and integrated gas capital spending flat between 2022 and 2028 at $12-$14 billion per year. BP last year abandoned a target to sharply reduce output by the end of the decade and now aims to keep production roughly stable at 2.3 million bpd.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Rigzone

Only Hungary and Slovakia were the remaining EU members still buying oil from Russia according to the Commission. “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.

Gas
article thumbnail

Crescent Energy Announces Expiration and Results of Its Tender Offer For Up To $500 Million of its 9.250% Senior Notes Due 2028

Oil & Gas 360º

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)

article thumbnail

Eni, LG Chem break ground on South Korean biorefinery

Oil & Gas Journal

If approved, Eni said the Enilive-operated Sannazzaro biorefinery would begin producing 550,000 tpy of renewable fuels by December 2027, with Eni subsidiary Versalis SPA’s planned Priolo biorefinery to follow by yearend 2028 at a nameplate production capacity of 500,000 tpy ( OGJ Online, June 24, 2025 ). 14, 2025 ).

article thumbnail

Crescent Energy Announces Early Results of Tender Offer For Up To $500 Million of its 9.250% Senior Notes due 2028

Oil & Gas 360º

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)

article thumbnail

Enbridge to Invest $1.39 Billion until 2028 in Mainline Pipeline

Rigzone

billion until 2028 for a Canada-U.S. liquids pipeline with a capacity of about 3 million barrels a day of crude oil. Enbridge has earmarked an investment of up to about $1.39