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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.
Offshore installation activities are expected in 2026, 2027 and 2028. The Fram Sør area is located 10-30 km north of the Equinor-operated Troll C platform, approximately 70 km north-west of Bergen. Engineering and project management will begin immediately in Subsea7’s offices in Norway and UK.
Currently, Plenitude operates in over 15 countries worldwide and has more than 4 gigawatts (GW) of renewable energy production, energy sales, and solutions across Europe. By 2028, Plenitude aims to reach 10 GW of installed renewable capacity.
In its Q2 2025 earnings report, the Appalachian-focused operator highlighted a 22-quarter streak of free cash flow (FCF) generation, strengthened operational performance, and bold ESG transparency initiatives that are setting new industry standards. natural gas sector. It continued this momentum post-quarter with another 0.5
The French companies “will offer a complete logistics service, from reload access at Gate terminal facilities to LNG bunker delivery to a wide range of vessels operating in the Amsterdam-Rotterdam-Antwerp (ARA) region, including those of CMA CGM as well as other shipping operators”, a joint statement said.
The project will be carried out in two phases, projected to be operational by the end of the decade. As geothermal energy gains traction and developers continue to demonstrate their ability to operate on a commercial scale, project economics will improve, mitigating risk and lowering project financing costs.
In total, the company owns 41,630 miles of transmission pipelines, of which 40,613 miles are operational and 1,017 miles are under development. is one of the largest energy infrastructure companies in North America, operating pipelines and terminals that transport natural gas, refined petroleum products, crude oil, and carbon dioxide.
percent for 2028 to 2030, based on ETS directive, âDirective 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,â European Union, March 1, 2024. percent, dropping to around 0.8
Elijah Nouvelage | Bloomberg | Getty Images Electricity demand growth was "minimal" in recent decades due to increases in energy efficiency, according to Jennifer Curran, senior vice president of planning and operations at Midcontinent Independent System Operator, who testified at a House energy hearing in March.
producers and pipeline operators to revisit plans for new infrastructure in Appalachia—the country’s most productive gas region. Rising demand for natural gas and favorable policy support are driving major U.S.
This latest collaboration further strengthens their well-established presence in deepwater operations across the country. In addition to technical execution, Expro’s approach is aimed at optimising well performance, driving cost-efficiencies, and enhancing operational reliability throughout the project lifecycle.
billion cubic meters per year by 2028, with total investments of more than $8 billion”, Eni said. “With an equity production of about 137,000 barrels of oil equivalent per day in 2024, Eni stands as the most important international company operating in the country [Algeria]”, it added.
has launched commercial operation at the 202 MWdc-150 MWac Powell Creek Solar project in Putnam County, Ohio. In March Avangrid announced the start of commercial operation of the True North Solar project, its biggest solar project with a capacity of 238 MWac-321 MWdc. subsidiary installed nearly 600 MW in the last six months.
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. This move supports Chevron’s New Energies division.
“As of 2025, the LNG global supply is set to grow significantly - and at increasingly fast pace - with 33 bcm of additional capacity in 2025, more than 50 bcm in 2026, nearly 70 bcm in 2027, and 50 bcm in 2028. This will increase the total LNG capacity by about 200 bcm by 2028, five times more than the EU imports of Russian gas.
Oklo has a DOE site permit for its first reactor at the Idaho National Labs with plans for commercial operation by 2028. The company operates three active U.S. mines, including the high-grade Arizona Pinyon Plain mine, and processes ore at its White Mesa Mill in Utah—the only operational conventional uranium mill in the country.
The first inter-block development in Angola, Begonia straddles blocks 17 and 17/06, both operated by the French energy giant. Start-up is targeted 2028. TotalEnergies operates block 20/11 with a 40 percent stake. TotalEnergies owns a 38 percent stake in block 17 and 30 percent in 17/06.
Operational hiccups: Startup is not at full capacity due to line issues, but the commissioning timeline remains intact. coast and expected online between 2027 and 2028 , potentially doubling Canadian LNG export capacity by the end of the decade. Trade flow shift: With Canadian gas exports to the U.S. averaging 8.6 export congestion.
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. SEFE, which stands for Securing Energy for Europe, has been among the most active companies in negotiating new supply deals.
Ameren added that the two facilities will operate independently. On-site, Ameren Missouri will install its first large-scale lithium-ion batteries, capable of being charged when excess energy is available. The 400-MW battery storage is quick to activate, supporting thousands of homes and grid reliability during peak times.
“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 $300 million in cash, net of tax.
The plan says the company will work with Bridger co-owner and operator PacifiCorp to resolve differences in plans as the latter wants to enable carbon capture and sequestration for the station and let it stick with coal until 2042 and then retire.
Once operational, the plant will benefit from the 20-year state incentives provided for AID, with a portion of the funds allocated, as per regulations, to support social initiatives in the area hosting the plant. At the end of the first quarter of 2025, its installed generation capacity from renewable sources rose to 4.1 GW, according to Eni.
The contract is subject to authority approval of the plan for development and operations (PDO), the company said, adding that It follows the earlier award of a contract for front-end engineering and design that finalized the technical definition of the development. The Fram Sor area is located 6.2 miles (70 kilometers) northwest of Bergen.
Phase 1 is targeted to go online November 2028 while phase 2 would become operational a year later. Planned to be developed in two phases, it would stretch a total of 375 miles with 30-inch and 24-inch segments. According to the latest state government data, North Dakota had nearly 19,300 producing oil and gas wells as of April.
The global hydrogen and nitrogen products manufacturer expects the project to curb carbon dioxide (CO2) emissions from its operations by up to two million metric tons per annum (MMtpa). Startup is targeted for 2028. Image by Funtay via iStock CF Industries Holdings Inc. at its Donaldsonville complex in Louisiana.
Plenitude plans to reach 10 GW of renewable capacity by 2028. The model involves, in the company’s words, “creating focused and lean companies able to attract new capital to create value through operating and financial synergies and the acceleration of growth” Recently KKR & Co.
Enstor plans to begin construction immediately and anticipates the expansion to be in service by 2028. FERC approved the construction and operation of the Mississippi expansion project in March, after which Enstor reached its final investment decision. The total injection capacity will rise to 1.90
Hilli began operation 2018 and has been deployed in Cameroon for Perenco SA under a contract that expires July 2026. They expect to make an FID this year and deploy the unit in 2028. Concurrently the Southern Energy partners penned definitive agreements for the 20-year charter of MKII FLNG, which is being converted in China.
Operating income climbed from $1.04 “We currently have long-term contracts to move almost 8 billion cubic feet per day of natural gas to LNG facilities and, upon completion of projects under construction, that amount is expected to grow to almost 12 Bcf/d by the end of 2028”, said chief executive Kim Dang. billion to $1.15
TotalEnergies will join APA, the operator of the license with a 45% interest, and Petrona, which owns 30 percent, the company said in a news release. Production start-up is expected in 2028, the company said. The interest is held by CEPSA Suriname S.L., an affiliate of Moeve.
The delivery period will run from January 1, 2026, to December 31, 2028, the company said in a media release. The University of Konstanz already operates its own combined heat and power plants, which cover 50 percent of its electricity requirements. The power is meant for the universities in Ulm, Mannheim, Hohenheim, and Constance.
megawatt (MW) wind farm in East Ayrshire, Scotland, expecting to put the facility into production 2028. Image by Nicholas J. Klein via iStock Uniper SE has approved the construction of a 46.2-megawatt The German power and gas utility said it is proceeding as a sole owner, without co-developer Energiekontor UK Ltd.
“Das Island’s LNG plant has shipped over 3,500 LNG cargoes worldwide since starting operations in 1977, strengthening ADNOC Gas’ long-term relationships with key global energy partners”, a joint statement said. Targeted to start production 2028, the 9.6-MMtpa The contract is valued about $400 million.
“The operation aims to consolidate Versalis’ position in the oilfield services sector by bringing together key expertise and strategic activities in a single, focused and operationally efficient entity”, Italy’s state-controlled Eni said in an online statement.
Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Kelsian to Provide Workforce Transportation for CP2 LNG Project by Rocky Teodoro | Rigzone Staff | Tuesday, June 24, 2025 | 8:00 AM EST The scope of the contract includes a comprehensive, turnkey transport solution; covering vehicle, operations, maintenance, and onsite management.
"There's barely enough Western enrichment, if at all, to satisfy existing operating plants," Centrus Energy CEO Amir Vexler said in an interview. supply chain by 2028 at the latest, after Biden signed legislation in 2024 to ban imports over Moscow's full-scale invasion of Ukraine. About 27% of U.S.
The Advanced Polyolefins Industry Company (APOC) is a joint venture between Advanced (85%) and Korea’s SK Gas (15%), and the Saudi firm confirmed the start of operations in a 14 July statement to the Tadawul exchange. Saudi Arabia’s Advanced Petrochemicals has finally completed the construction of its major new expansion facility at Jubail.
The first phase is estimated to cost $573 million, with construction set to begin early 2026 and commercial operations expected by 2028.The The final contracts for engineering, procurement, and construction (EPC) are scheduled to be signed this month, marking the official start of implementation.
Skip to main content The European asset management industry: Navigating volatile times July 9, 2025 | Article Felix Wenger  Niklas Nolzen  Nunzio Digiacomo Macroeconomic uncertainty and weaker profits are forcing the industry to rethink its business and operating models. (12 percent a year. Passives in Europe reached â¬4.9
The magnitude of the imbalance forced grid operator PJM and local utility Dominion Energy to scale back output from power plants to protect grid infrastructure and avoid a worst-case scenario of cascading power outages across the region. . ” Historically, grid operators have planned for large power plants tripping offline.
(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. About Prairie Operating Co.
MMBtu Henry Hub HOUSTON, TX, April 10, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. MMBtu Henry Hub 20261Q 2028 Production: $64.29/bbl The Company remains focused on operational execution, cost efficiency, and disciplined capital allocation, all supported by a fortified balance sheet and a proactive risk management strategy.
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