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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…
” Key takeaways from the report: EIR anticipates the EU’s installed battery capacity will increase up to 13 times by 2028 due to the rise of renewables, the electrification of transport and supportive policies. The post Europe’s battery boom: 13 times more capacity by 2028 faces grid, regulatory roadblocks first appeared on Enverus.
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.
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. gigawatts (GW) of new gas-fired power is currently under construction, and developers have. That’s about to change.
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.
As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. In liquefied petroleum gas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025. By John Lee.
(KMI) delivered a strong second-quarter performance, reporting a 24% increase in net profit as natural gas demand continues to drive growth across its pipeline and infrastructure business. We are seeing historic levels of natural gas demand, and the outlook for our infrastructure remains strong,” said Executive Chairman Richard Kinder.
Equinor’s Troll C platform, located 10-30 km from the Fram Sor development The project work scope covers engineering, procurement, construction and installation (EPCI) of subsea structures and flowlines including 53 km of production, gas lift and water injection lines. The scope also includes installation of the umbilical system.
By 2028, Plenitude aims to reach 10 GW of installed renewable capacity. For years, Eni has been taking a different approach to conventional and green energy development, unlike any of the other major international oil and gas firms.
The talks focused on potential cooperation and investment opportunities, including the development of oil fields and the capture of associated gas. Prime Minister Al-Sudani reiterated Iraq's goal to fully utilise all associated gas produced from its oil fields by 2028.
Ireland is a case in point: the country encouraged the construction of data centers until the size of their electricity demand made itself felt, prompting fears of electricity shortages that eventually led to a moratorium on new data center construction until 2028. can be leader in AI.
Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity.
Image by Alexey_Lesik via iStock TotalEnergies SE and CMA CGM Group on Wednesday announced an agreement to form a 50-50 venture to supply liquefied natural gas (LNG) fuel at the Port of Rotterdam, the Netherlands. cubic feet) LNG bunker vessel by 2028. cubic feet) LNG bunker vessel by 2028. As part of the $1.6-billion
Developers are eyeing nuclear energy, natural gas with CCS, and recently, geothermal. Together with advancements in drilling techniques and skyrocketing costs for new gas builds , this gives geothermal a competitive edge over technologies like nuclear and gas with CCS in powering the next wave of data centers.
wells), and applying AI to extract common themes, here are the top five trends transforming oil & gas strategy for the remainder of 2025. Behind-the-Meter Power : Operators like Devon, ConocoPhillips, and Exxon are exploring gas-fired plants to power AI data centers—monetizing stranded gas and anchoring long-term demand.
The Ministry of Oil plans to increase the production of liquefied petroleum gas (LPG) at the Basra Gas Company (BGC) to more than 8,000 tonnes per day in the coming years. The Ministry has increased associated gas investment to over 70 percent, up from 53 percent in the first year of the current government.
Image by saiko3p via iStock Germany’s state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan’s Socar, a move that will help diversify supplies in Europe’s tight market. of the European Union’s gas consumption in 2024. That’s equivalent to about 1.5 billion cubic meters per year, or about 0.5%
Rising demand for natural gas and favorable policy support are driving major U.S. producers and pipeline operators to revisit plans for new infrastructure in Appalachia—the country’s most productive gas region. During the winter of 2024–2025, heating a home with oil cost roughly twice as much as with natural gas. million U.S.
Upstream natural gas spending is set to maintain the levels seen in 2024. Upstream natural gas spending is set to maintain the levels seen in 2024. Together, upstream oil and gas investment for 2025 is forecast at less than US$570bn, a decline of around 4%. trillion going to oil, natural gas and coal. Around US$2.2
Image by Emiliano Ortiz via iStock Italy’s Eni SpA and Argentina’s YPF SA have signed an agreement to build a liquefaction facility to enable the export of natural gas from the Vaca Muerta field in the South American country. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.
Unir fuerzas con Masdar en el parque eólico marino East Anglia THREE nos permitirá también acelerar nuestros planes de inversión en el Reino Unido, que alcanzan los 28.000 millones de euros hasta 2028, principalmente en redes de transporte y distribución y en energías renovables”, declaró Ignacio Galán, presidente de Iberdrola.
“Eni and Sonatrach undertake to consolidate cooperation for the enhancement of Algerian energy resources through new contracts aimed at encouraging an increase in gas production, and the extension of gas supply contracts for export to Italy”, Eni said in a statement online. 700K Industry Pros can’t be wrong.
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. is planned to transport up to 760,000 Dthd of gas. Preliminary gas production in April was around 104.14 billion cubic feet.
June 23, 2025 – Kitimat, BC LNG Canada, the landmark export facility led by Shell in partnership with Petronas, PetroChina, Mitsubishi, and Kogas, has announced its first liquefied natural gas (LNG) production from Train 1 (5.6 Trade flow shift: With Canadian gas exports to the U.S. mtpa) at its terminal in Kitimat, British Columbia.
Total industry GVA encompasses the following sectors: mining and quarrying, manufacturing, electricity, gas, steam, and air conditioning supply, as well as water supply, sewerage, waste management, and remediation activities. 10 âCO 2 storage projects in Europe,â International Association of Oil and Gas Producers, March 2024.
have signed a heads of agreement for the Australian company to export liquefied natural gas (LNG) to the Japanese power utility in the winter months for at least five years. Scarborough gas will be processed at Pluto LNG, where Woodside is building a second train. Image by BJP7images via iStock JERA Co. and Woodside Energy Group Ltd.
Use is projected to double or triple by 2028, the agency said. electricity by 2028, up from 4.4% has moved away from fossil fuels like coal, oil and natural gas to reduce planet-warming greenhouse-gas emissions. Energy Department. Data centers are expected to consume up to 12% of total U.S.
natural gas sector. Bcf of Remediated Mine Gas (RMG), and expects to process 17–18 Bcf of RMG in 2025. With AI data centers demanding dense, reliable, and clean energy, CNX is positioning RMG—blended with low-carbon shale gas—as a ready-now solution for net-zero power, particularly in the Appalachian region.
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.
miles (53 kilometers) of production, gas lift and water injection lines, as well as the installation of the umbilical system, Subsea7 said in a news release. 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.
“The consideration will be split into a $40 million payment due on completion, $40 million payable at the earlier of field development plan approval or 30 June 2026, and $40 million payable over five years from the third quarter of 2028 onwards”, Tullow said. for at least $120 million in cash. for at least $120 million in cash.
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.
Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Avangrid Grows Generation Capacity in US to 10.5 Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Avangrid Grows Generation Capacity in US to 10.5 Data center load growth in the U.S.
Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico. Representing the first deepwater oil production in Mexico, the project is a joint venture between Woodside Energy and Petróleos Mexicanos (PEMEX), with first oil targeted for 2028.
Based on recent announcements, rig activity, and executive commentary, here are the Top 5 Priorities Chevron is expected to focus on for the rest of 2025 : US Oil & Gas Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled… 1. natural gas exports as critical to long-term energy security.
The two projects “will help Angola maintain its production levels above one million bpd”, said Paulino Jeronimo, chair of the National Agency for Petroleum, Gas and Biofuels. Start-up is targeted 2028. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! percent), ETU Energias (7.5
(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.
Image by Jorge Elizaquibel via iStock Emerald Storage Holdings LLC, the parent company of Enstor Gas LLC and Mississippi Hub LLC, has received a Notice to Proceed with Construction from the Federal Energy Regulatory Commission (FERC) for the Mississippi Hub Expansion project. Bcf of additional working gas capacity and up to 0.7
MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! At the end of the first quarter of 2025, its installed generation capacity from renewable sources rose to 4.1 GW, according to Eni. There’s a reason 700K+ energy professionals have subscribed. 700K Industry Pros can’t be wrong.
Commissioning is planned for 2028. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! That would be enough to serve 20,000 households in the capital according to the partners. Investment is estimated to be EUR 90 million, part of which would be shouldered by the Ministry of Climate Protection.
Natural Gas $3.52 -0.17% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS CF Industries Starts Up Compression Unit of Louisiana CCS Project by Jov Onsat | Rigzone Staff | Tuesday, July 15, 2025 | 10:30 AM EST CF Industries fired up the dehydration and compression unit of its CCS project with ExxonMobil at its Donaldsonville complex in Louisiana.
on Wednesday reported $615 million in adjusted net income attributable to common shares for the second quarter, up 13 percent from the same three-month period last year thanks to higher volumes of transported natural gas and refined oil products. Kinder Morgan’s natural gas pipelines carried 44.59 billion to $1.97 trillion Btupd.
Plenitude plans to reach 10 GW of renewable capacity by 2028. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! Image by Jacob Wackerhausen via iStock Eni SpA has signed a deal to divest 20 percent of its renewable energy (RE) arm to Ares Management Corp. for around EUR 2 billion ($2.32
Se espera que el acuerdo con Woodside respalde los esfuerzos de PETRONAS para garantizar un suministro seguro y flexible de gas natural para satisfacer la creciente demanda en Malasia Peninsular y la región de Asia-Pacífico en general Woodside Energy y PETRONAS , a través de su filial PETRONAS LNG Ltd (PLL), firmaron un acuerdo preliminar no vinculante (..)
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