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Woodside Energy and Petronas Forge 15-Year LNG Supply Deal

OilPrice

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…

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Europe’s battery boom: 13 times more capacity by 2028 faces grid, regulatory roadblocks

Enverus

” 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.

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2028 Shaping Up To Be A Big Year For Saudi Power Sector

Mees

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.

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U.S. power utilities seek price hikes on AI demand

Oil & Gas 360º

(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.

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Subsea7 wins contract for Equinor’s Fram Sør project, offshore Norway

Oil & Gas 360º

(World Oil) – Subsea7 has been awarded a large 1 contract by Equinor relating to the Fram Sør development project, offshore Norway, the company announced Thursday. Offshore installation activities are expected in 2026, 2027 and 2028. The Fram Sør project will be connected to the existing Fram and Troll C infrastructure.

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Eni sells 20% in its $14-billion low carbon business Plenitude

Oil & Gas 360º

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 By 2028, Plenitude aims to reach 10 GW of installed renewable capacity. Register to attend. billion (12 billion euros).

IT
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Iraqi PM Discusses Oil & Gas Investment with US Firm

Iraq Business News: Oil & Gas

oil services firm Morgan Hughes , led by the company's Vice President Gregory Bloom, in a meeting held on Tuesday and attended by Steven Fagin, Chargé d'Affaires at the U.S. The talks focused on potential cooperation and investment opportunities, including the development of oil fields and the capture of associated gas.

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