Oil Review Middle East

JUNE 11, 2025

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%. The region accounts for around 30% of global oil production and 17% of global natural gas production. Around US$2.2

Upstream

Rigzone

JULY 25, 2025

“This protocol follows the recent signing between Eni and Sonatrach of the agreement of the Zemoul El Kbar area and the allocation of the Reggane II area, which together with the initiatives covered by the protocol will contribute to increasing gas production up to 5.5

Energy

Rigzone

JUNE 23, 2025

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. Delivery is set to start 2028. trillion cubic feet a year of natural gas equivalent, or 27.6 Image by BJP7images via iStock JERA Co.

Natural Gas

Oil Gas Leads

AUGUST 5, 2025

Power Marketing & Portfolio Diversification Coterra announced a 7-year power netback gas sales agreement with the CPV Basin Ranch Energy Center — a 1,350 MW natural gas power plant in Ward County, TX.

Basin

Rigzone

JULY 1, 2025

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.

Energy

McKinsey

JULY 10, 2025

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. billion tons by 2030.

Transportation

Rigzone

JUNE 20, 2025

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.

Gas

Rigzone

JUNE 10, 2025

The region increasingly depends on global flows after losing most of its Russian pipeline gas in 2022. With Norwegian production operating pretty much at full capacity, Europe still needs to secure supplies as it awaits the startup of additional liquefied natural gas export facilities in the US. conference in London Tuesday.

Gas

Oil Gas Leads

JULY 24, 2025

natural gas sector. A new partnership with Pennsylvania’s Department of Environmental Protection (DEP) will see continuous air monitoring at a Washington County well pad—the most comprehensive study of unconventional gas emissions in the country. With NYMEX gas at $3.59/MMBtu, With NYMEX gas at $3.59/MMBtu,

Operator

CNBC: Energy

JUNE 21, 2025

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.

Finance

Rigzone

JULY 17, 2025

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

Natural Gas

Rigzone

AUGUST 4, 2025

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. GW, targeted for start-up 2028-30. “Despite an 8.3

Natural Gas

CNBC: Energy

JULY 31, 2025

The results come shortly after the London-listed firm flagged weaker trading results at its integrated gas division. The brand logo of the mineral oil and natural gas company Shell plc can be seen at a filling station of the company in Nuremberg (Bavaria) on July 25, 2025. Shares of Shell rose 3.3% during early morning deals.

Oil

Rigzone

JULY 13, 2025

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. The total injection capacity will rise to 1.90

BCF

Oil & Gas 360º

JULY 29, 2025

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, (..)

Hydraulic Fracturing

Rigzone

AUGUST 4, 2025

HPCL) has signed a heads of agreement with ADNOC Gas PLC for the delivery of 500,000 metric tons a year of liquefied natural gas (LNG) for 10 years to India. ’s gas processing and sales arm will source the LNG from the Das Island liquefaction facility, which has a capacity of six million metric tons per annum (MMtpa).

Natural Gas

Rigzone

JULY 22, 2025

“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.

Energy

Rigzone

JULY 2, 2025

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. The 2026-45 Integrated Resource Plan (IRP) would add about 2.15

Natural Gas

Rigzone: News

AUGUST 4, 2025

The Cedar LNG project is a floating liquefied natural gas (LNG) terminal that will be located near Kitimat within the territory of Haisla Nation, to be constructed in partnership with Pembina Pipeline Corporation. Cedar LNG is scheduled to be operational in late 2028. 0% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS B.C.

Government

Rigzone

JULY 23, 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. The Fram Sor area is located 6.2 miles (10 to 30 kilometers) north of the Equinor-operated Troll C platform, approximately 43.5

Offshore

Rigzone

JUNE 30, 2025

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

Pipeline

Rigzone

JUNE 9, 2025

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 tripled over the past decade and could double or triple by 2028, when data centers would account for about 6.7-12 subsidiary installed nearly 600 MW in the last six months.

Manufacturing

Permian Basin Oil and Gas Magazine

AUGUST 4, 2025

The exporting of liquefied natural gas (LNG) has changed the game for producers of those molecules in every basin in recent years. The rising export demand, starting when LNG exports began in 2016, has helped raise natural gas from the $2 per million btu (MMBtu) doldrums they were in when they crashed to $1.95

BCF

Oil Gas Leads

JUNE 23, 2025

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 Bottom Line: This is a pivotal moment for Canada’s natural gas sector.

Gas

Rigzone

JUNE 9, 2025

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. They expect to make an FID this year and deploy the unit in 2028.

Gas

Oil Gas Leads

JULY 4, 2025

natural gas exports as critical to long-term energy security. Plan: Use Direct Lithium Extraction (DLE) for EV and grid storage supply chains Competitive advantage: Fluid handling expertise from oil & gas operations Lithium demand is expected to quadruple by 2030—and Chevron wants in early. The company sees U.S.

Basin

Rigzone

JULY 24, 2025

Start-up is targeted 2028. Elsewhere in Angola, TotalEnergies and its partners approved the Kaminho project in block 20/11 last year. The first large deepwater development in the Kwanza basin, Kaminho is planned to have a capacity of 70,000 bpd through the Cameia and Golfinho fields. TotalEnergies operates block 20/11 with a 40 percent stake.

Offshore

Oil Review Middle East

JULY 31, 2025

According to the latest data at the end of 2024, while the global average price of natural gas for the population was set at 0.086 US$ per kWh (a unit of energy used for correct international comparison), in Kazakhstan it remained in the group of the lowest in the world.

Gas

Rigzone

JUNE 26, 2025

At the end of the first quarter of 2025, its installed generation capacity from renewable sources rose to 4.1 GW, according to Eni. This year Plenitude installed a combined 400 MW in Spain through the Caparacena project in Granada, the Renopool solar park in Extremadura and the Guillena solar park in Andalusia.

Energy

Rigzone

JUNE 11, 2025

Commissioning is planned for 2028. 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.

Exploration Well

Rigzone

JULY 15, 2025

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.

Pipeline

Rigzone

JUNE 24, 2025

Plenitude plans to reach 10 GW of renewable capacity by 2028. Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Eni Sells 20 Percent of RE Unit to Ares by Jov Onsat | Rigzone Staff | Tuesday, June 24, 2025 | 6:40 AM EST Eni signed a deal to divest 20 percent of Plenitude to Ares for around EUR 2 billion.

Completion

Oil & Gas Journal

JULY 28, 2025

Crude is expected to be shipped to international markets, and the development is expected to include 18 wells (9 producers, 7 water injectors, 2 gas injectors) drilled in the initial phase, with a total of 24 wells drilled over the life of the project. First oil is targeted for 2028. is operator with 60% interest.

Exploration and Production

Oil & Gas 360º

JULY 23, 2025

Oklo has a DOE site permit for its first reactor at the Idaho National Labs with plans for commercial operation by 2028. As an Energy Developer, Solestiss accelerates access to baseload power while mitigating budget risks by leveraging nuclear and energy infrastructure expertise and natural gas solutions to drive project success.

Energy

Rigzone

JULY 2, 2025

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.

Drivers

Rigzone

JUNE 13, 2025

megawatt (MW) wind farm in East Ayrshire, Scotland, expecting to put the facility into production 2028. The German power and gas utility said it is proceeding as a sole owner, without co-developer Energiekontor UK Ltd. Image by Nicholas J. Image by Nicholas J. Klein via iStock Uniper SE has approved the construction of a 46.2-megawatt

Exploration and Production

Rigzone

JULY 11, 2025

Image by MBPROJEKT_Maciej_Bledowski via iStock ADNOC Gas PLC will supply Germany’s state-owned SEFE Securing Energy for Europe GmbH 700,000 metric tons a year of liquefied natural gas (LNG) for three years starting 2025, the companies said Thursday. Targeted to start production 2028, the 9.6-MMtpa

Natural Gas