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Oil Review Middle East - Untitled Article

Oil Review Middle East

Between 2026 and 2028, the global LNG market is set to experience its largest ever capacity growth, with the USA set to nearly double its export capacity. Global refinery investment in 2025 is set to fall to its lowest level in the past 10 years.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

percent for 2028 to 2030, based on ETS directive, “Directive 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,” European Union, March 1, 2024. percent, dropping to around 0.8

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Uniper to Supply Solar Power to Baden-Wuerttemberg Universities

Rigzone

The delivery period will run from January 1, 2026, to December 31, 2028, the company said in a media release. Image by Pixelci via iStock German utility Uniper SE has signed a deal to supply the state of Baden-Wuerttemberg with 86 gigawatt hours (GWh) of solar electricity per year for three years, or around 258 gigawatt hours.

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Vanishing Credits | Tax Incentives at Risk in House Bill

Enverus

The bill accelerates the phaseout of 45Y and 48E credits by 2028, requiring projects to begin construction within 60 days of enactment and enter service by year-end 2028. Without the credits, much of the queue becomes economically unviable , with solar PV more dependent than onshore wind. Still, not all regions are equally exposed.

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Exploring the Future of Canadian Oil Sands and Montney Plays

Enverus

Non-upgraded Canadian oil sands production is expected to rise by around 100 Mbbl/d annually until 2028. By understanding the key drivers behind rising oil production in the WCSB, the growth of oil sands projects, and the low-breakeven resource advantage, industry stakeholders can better navigate the evolving landscape.

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From Wellhead to Server Rack: How Oil & Gas Operators Are Powering the AI Era

Oil Gas Leads

By 2028, Exxon expects to have its first data center site operational, and fully decarbonized by 2029a sign of how energy production and digital infrastructure are becoming tightly linked. Power independence is a financial driver too. There continues to be a very strong desire for data centers to be decarbonized, Woods emphasized.

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

Scheduled for completion in early 2028 , with expansion potential beyond 400,000 bpd. As ONEOK continues to integrate its recent acquisitions and optimize operations, the Permian Basin remains a core driver of its success. Provides a wellhead-to-water solution , connecting Permian NGL production to global markets.

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