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Woodside Energy, Australia’s top independent oil and gas producer, has signed a preliminary long-term deal to supply Malaysia’s state giant Petronas with LNG from its global portfolio, including from the planned Louisiana LNG project in the United States. The LNG would be supplied from Woodside’s…
CALGARY, Alberta (June 11, 2025) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released a market overview of the opportunities and challenges related to developing battery projects in Europe. Learn more at Enverus.com.
Canada’s Woodfibre liquefied natural gas project looks to be operational by 2028, Erin O’Brien, assistant deputy minister at Canada’s department of natural resources, said at an energy conference in Tokyo on Friday. O’Brien added that the project is poised to be the world’s first net-zero LNG facility.
Energy Information Administration (EIA) reports that 4.3 Even though gas-fired power is the #1 source of electric power generation in the U.S., almost no new combined-cycle gas-fired power plants came online in the U.S. That’s about to change. gigawatts (GW) of new gas-fired power is currently under construction, and developers have.
(Oil Price) – Power utilities in the United States have applied for permission to raise electricity prices, with a demand surge from AI data centers suggested as the reason, the Financial Times reported today, citing data from PowerLines, an energy affordability advocacy. In the first half of this year, U.S. can be leader in AI.
Publisher’s Note: Eni will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Oil Price) – Eni has signed a deal to sell 20% in its low-carbon energy business Plenitude to Ares Management Corporation in a deal valuing the unit at an enterprise value of $13.8
Image by Fahroni via iStock Italy’s Eni SpA and Algeria’s Sonatrach SpA have signed a memorandum of understanding (MoU) to strengthen collaboration in hydrocarbons and renewable energy. billion cubic meters per year by 2028, with total investments of more than $8 billion”, Eni said. 700K Industry Pros can’t be wrong.
(Oil & Gas 360) – Five Nuclear Companies to Present at EnerCom Denver – The Energy Investment Conference Qualified Investors, Analysts and Energy Industry Professionals Can Register at No Cost at www.enercomdenver.com DENVER – July 23, 2025 – EnerCom, Inc., uranium mining and production.
Big Tech is on the hunt for energy sources to meet the growing demand for clean, reliable power for artificial intelligence-driven data centers. Developers are eyeing nuclear energy, natural gas with CCS, and recently, geothermal.
The transaction involves the sale of the shares of Tullow Kenya BV by Tullow Overseas Holdings BV to Gulf Energy’s Auron Energy E&P Ltd. We’d love to hear from you, join the conversation on the Rigzone Energy Network. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
cubic feet) LNG bunker vessel by 2028. TotalEnergies also agreed to supply Marseille-based CMA CGM with up to 360,000 metric tons of LNG annually from 2028 to 2040. We’d love to hear from you, join the conversation on the Rigzone Energy Network. There’s a reason 700K+ energy professionals have subscribed.
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 capital flows to the energy sector are is set to rise in 2025 to a record US$3.3 Global refinery investment in 2025 is set to fall to its lowest level in the past 10 years.
The irony is that the IEA relies on IMF economic forecasts for its energy demand forecast. In recessions, energy demand plummets, but utility managers can only control coal and gas plants, reducing their utilization. billion in 2024, complicating Egypt’s economic recovery amid Suez Canal revenue losses and high energy needs.
August 5, 2025 — Coterra Energy (NYSE: CTRA) delivered a robust second quarter marked by strong operational execution, efficient capital deployment, and increased shareholder returns. The post Coterra Energy Q2 2025: Strong Earnings and Strategic Drilling Across Core Basins appeared first on Oil Gas Leads. billion Free Cash Flow: ~$2.1
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.
Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico. Under the agreement, Expro will provide industry-leading tubular running services (TRS) and cementing services for what will be Mexico’s first deepwater oil production facility – a major milestone in the region’s energy evolution.
Energy Information Administration estimated in May that retail electricity prices would outpace inflation through 2026. "It's a pretty simple story: It's a story of supply and demand," said David Hill, executive vice president of energy at the Bipartisan Policy Center and former general counsel at the U.S.
Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Ameren Missouri Files Application for Big Hollow Energy Project by Paul Anderson | Rigzone Staff | Tuesday, July 01, 2025 | 10:30 AM EST Ameren Missouri filed an application with the Missouri Public Service Commission to build an 800-MW simple-cycle natural gas energy center.
Prime Minister Al-Sudani reiterated Iraq's goal to fully utilise all associated gas produced from its oil fields by 2028. Bloom expressed his company's interest in partnering with Iraq in gas investment and field development, and in supporting the country's ongoing economic growth through technological cooperation in the energy sector.
Renewable energy sources are rapidly expanding and driving the decarbonization effort, yet certain industries, particularly those with hard-to-abate (HtA) emissions, require additional solutions. âEuropean electricity prices and costs,â Ember Energy, accessed April 2025. percent, dropping to around 0.8 billion tons by 2030.
and Woodside Energy Group Ltd. The agreement was signed “under a company-to-company discussion framework for enhanced cooperation on energy security established by the Government of Japan and the Japan Bank of International Cooperation (JBIC)”, Woodside said in a press release. Delivery is set to start 2028.
“This will increase our energy independence while also reducing the revenues Putin uses to finance his war”, Energy and Housing Commissioner Dan Jorgensen said in a statement issued online by the Commission. We’d love to hear from you, join the conversation on the Rigzone Energy Network.
Owned by DT Midstream and TC Energy, the pipeline already moves 2.0 Concerns focus on land use, emissions, and changing patterns of local energy demand. Nonetheless, industry executives argue that modern infrastructure is critical for reducing energy costs for consumers and ensuring reliable supply—especially as the U.S.
Image by Denis Shevchuk via iStock Intensity Infrastructure Partners LLC has partnered with power producer Rainbow Energy Center LLC to construct a new pipeline to bring Bakken gas to eastern North Dakota. The other, by WBI Energy of MDU Resources Group Inc., There’s a reason 700K+ energy professionals have subscribed.
The infrastructure will transport and permanently store up to an initial 4 million tpy of CO 2 with start-up expected in 2028. NEP, via the Endurance saline aquifer and adjacent stores, has access to up to 1 billion t of CO 2 storage capacity.
Just ask Europe’s energy majors. million boed, the lowest in at least 20 years, reflecting recent asset sales and the British energy company’s lower spending on oil and gas exploration earlier this decade, in its efforts to shift away from fossil fuels. One also has to hope rivals don’t accelerate. Shell’s production dropped 4.2%
Speaking at the LPG Forum organised by the BGC, Izzat Saber Ismail, Deputy Oil Minister for Gas Affairs, said that this effort is part of the Ministry's gas sector development strategy, which aligns with government programmes and directives from Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani.
Devon Energy improved completions efficiency by 12%. Coterra Energy acquired 49,000 acres in a top-tier zone of the Delaware Basin. Diamondback Energy is leaning into first- and second-quartile wells for maximum capital efficiency. It’s strategic risk management and a bold step into the energy systems of tomorrow.
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“Powell Creek is a timely addition to the regional electric grid ahead of peak summer demand and represents new American energy capacity that will help to meet the growing power needs from data centers, domestic manufacturing, and electrification”, Avangrid said. There’s a reason 700K+ energy professionals have subscribed.
SEFE, which stands for Securing Energy for Europe, has been among the most active companies in negotiating new supply deals. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! There’s a reason 700K+ energy professionals have subscribed. conference in London Tuesday. 700K Industry Pros can’t be wrong.
Low-Carbon Solutions and the AI Opportunity A standout narrative this quarter was CNX’s expanding role in delivering low-carbon energy to meet rising AI-driven power demand. The company’s participation in Pennsylvania’s AI and Energy Innovation Summit underscores its emerging role in this rapidly evolving landscape.
The plan also eyes 885 MW of battery energy storage capacity, 611 MW of gas power via coal conversions, 550 MW from natural gas, 344 MW of energy efficiency and 20 MW of incremental demand response. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! All comments are subject to editorial review.
gigawatt hours (GWh) annually and will “contribute to powering an innovative system for the generation of thermal and cooling energy at Modine’s facilities”, Eni said in a press release. The project will generate about 1.8 Plenitude had already completed two photovoltaic systems with capacities of 2.5 GW, according to Eni.
Kazakhstan is changing the rules of the game for investors and its own future Kazakhstan, one of the key energy producers in Central Asia, is initiating a difficult but strategically necessary phasing out of the long-standing policy of deep subsidisation of domestic gas prices.
The energy giant posted adjusted earnings of $4.26 Earlier in the year, the company set a cost reduction target of $5-7 billion by the end of 2028. Skip Navigation Markets Pre-Markets U.S. billion for the three months through June, beating analyst expectations of $3.87 billion, according to an LSEG-compiled consensus.
The first inter-block development in Angola, Begonia straddles blocks 17 and 17/06, both operated by the French energy giant. 19 percent), BP PLC-Eni SpA joint venture Azule Energy (15.84 Start-up is targeted 2028. We’d love to hear from you, join the conversation on the Rigzone Energy Network. percent), ETU Energias (7.5
“The long-term contract strengthens ADNOC Gas’ partnership with key Indian players as it continues to support India’s energy security, building on recent agreements with Indian Oil Corp. and Germany’s state-owned SEFE Securing Energy for Europe GmbH. Targeted to start production 2028, the 9.6-MMtpa
Energy Information Administration (EIA). Maria Sanchez Maria Sanchez, Natural Gas Products and Senior Energy Analyst for Sugar Land-based Industrial Info Resources, explained further. She quoted EIA numbers showing the region adding more than 7 Bcf/d of new pipelines by 2028. per MMBtu in 2012. After peaking at $8.82
Image by Daniel S Ragnarsson via iStock OMV AG plans to launch a seismic survey in December to explore the potential of geothermal energy in the East Styrian basin in the greater Graz area. The Austrian state-backed energy company expects to drill an exploration well in the second half of 2026. Commissioning is planned for 2028.
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, 2023 ). 14, 2025 ).
Engineering and project management will begin immediately in Subsea7 offices in Norway and the United Kingdom, with offshore installation activities expected in 2026 through 2028. MORE FROM THIS AUTHOR Rocky Teodoro Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! There’s a reason 700K+ energy professionals have subscribed.
This would be due to the growth of renewable energy rather than an increase in liquefied natural gas (LNG) imports, the Institute for Energy Economics and Financial Analysis (IEEFA) said. “However, these conclusions overlook basic trends in the Philippines’ energy market. GW, targeted for start-up 2028-30.
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