This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Image by frantic00 via iStock ADNOC Gas PLC on Tuesday said it had approved phase one of the Rich Gas Development (RGD) project in the United Arab Emirates and awarded $5 billion worth of contracts. ’s gas processing and sales arm said in an online statement. The bulk at $2.8
Trigon Pacific Terminals announced on Wednesday a new $750 million open-access liquefied petroleum gas export facility with a capacity of 2.5 The export facility is expected to begin operations by late 2029, subject to securing legal and regulatory approvals. million metric tons per year at Prince Rupert, Canada.
(World Oil) – Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. Securing this gas supply agreement is an important step for the project. GasCo will be responsible for implementing the gas sourcing strategy to support the Louisiana LNG project.
(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. The gas could also be used for power to support data centers. Exxon plans a final investment decision for Longtail in 2026 and could start up the project by 2029.
(Oil & Gas 360) – HOUSTON, TX, June 09, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. billion, and a maturity date of March 26, 2029. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. its lead arranger.
Iraqs Oil Ministry announced that it plans to increase oil production to more than 6 million barrels per day (mmbbl/d) by 2029, while confirming an agreement with bp to develop four oil fields in Kirkuk, Iraq News Agency reported.
Image by Denis Shevchuk via iStock British Columbia’s Environmental Assessment Office (EAO) determined that the Prince Rupert Gas Transmission natural gas pipeline project (PRGT) has been “substantially started”, so its environmental certificate remains valid. 700K Industry Pros can’t be wrong.
A final investment decision on TotalEnergies' new Cyprus gas project could come in 2026, CEO Patrick Pouyanne told analysts on Wednesday, with deliveries expected in 2028 or 2029
El acuerdo firmado por Woodside compromete a GasCo, una subsidiaria de propiedad absoluta del proyecto Louisiana GNL a comprar a largo plazo hasta 640 mil millones de pies cbicos de gas de BP a partir de 2029 Woodside anunci la firma de un acuerdo con BP para el suministro de gas natural al proyecto de GNL de Luisiana.
A travs de un comunicado se dio a conocer que la empresa inform que en junio de este ao iniciar el proceso de comercializacin de 51 Gbtud de gas natural que produce en los campos Cupiagua y Cusiana, gas que estar disponible para atender la demanda del mercado desde diciembre de este ao y hasta noviembre de 2028.
The RGD project will enable the development of new gas reservoirs, which are key to boosting liquid gas exports, supporting gas self-sufficiency in the UAE, and providing essential feedstock to the country’s growing petrochemical industry. Habshan is one of the largest gas process complexes in the world.
this year, actively pursuing international partnerships following a revision of its Hydrocarbons Law in 2029. These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. Algerias Sonatrach will increase hydrocarbon production by 2.5%
Adnoc Logistics & Services eyes a whopping $8bn in future investment, including $5bn on gas and ammonia carriers to go hand in hand with Adnocs key expansion projects.
MMtpa LPG Export Facility in Prince Rupert, BC by Jov Onsat | Rigzone Staff | Friday, June 13, 2025 | 7:11 AM EST Trigon expects the CAD 750-million project to start operation late 2029. million) project to start operation late 2029, subject to regulatory approvals. Image by DedMityay via iStock Trigon Pacific Terminals Ltd.
Con una inversin total de 9,000 millones de coronas noruegas, el desarrollo se ejecutar en dos fases: la primera, con seis pozos de cinco descubrimientos, ya est en operacin; mientras que la segunda, programada para 2029, incluir un desvo y hasta tres pozos adicionales. tras adquirir el 11.8% de Sval Energi.
Este pozo se contempl como el ms grande descubrimiento de gas en la historia del pas sudamericano, lo que garantiza la seguridad energtica en Colombia La empresa colombiana Ecopetrol y la compaa brasilea Petrobras, informaron del resultado exitoso de nuevas pruebas de formacin en el pozo Sirius-2 para comprobar sus reservas.
Forecasting Ecopetrol’s Future: Scenario-Based Financial Outlook Through 2029 In this latest article, I present a detailed financial forecast for Ecopetrol under three growth scenarios—Bear (6.5% CAGR), Base (13.05% CAGR), and Bull (17.5%
The partners at Israels key 22tcf Leviathan gas field are progressing plans to expand capacity to 21bcm/y by 2029 and to 23bcm/y by 2032 with FID on the first stage just months away according to partner NewMed Energy.
The deal helps to derisk XOMs hydrogen facility planned at its Baytown complex in Texas and accelerates the final investment decision expected in 2025, with production starting in 2029. The plant will leverage natural gas and CCUS to produce 1 Bcf/d of blue hydrogen and 1 mtpa of low-carbon ammonia.
Woodside is targeting first LNG in 2029. The project benefits from access to abundant low-cost gas resources in the United States and boasts an asset lifespan of more than 40 years. It also has access to well-established interstate and intrastate gas supply networks. million tonne per annum (MMtpa) Louisiana LNG development.
(Oil & Gas 360) Q1/25 capital program realized well outperformance averaging 20% above internal type curves (2) , driving estimated average volumes over 41,600 boe/d (1) Opportunistically retired ~US$15 million of senior notes by allocating ~C$21 million to open market repurchases at prices below par Continued share buybacks with ~3.4
PacificLight Power is developing a $735 million hydrogen-ready power plant on Singapore's Jurong Island, aiming for completion by 2029. Equipped with advanced H-class Combined Cycle Gas Turbine (CCGT) technology and a large-scale Battery Energy.
millones de medidores convencionales por medidores inteligentes en el estado de So Paulo para 2029 Siemens Smart Infrastructure anunci que ha unido fuerzas con CPFL Energia, una de las mayores distribuidoras de energa de Brasil, para transformar el sector elctrico brasileo con un nuevo proyecto de medicin inteligente.
Este pozo se contempl como el ms grande descubrimiento de gas en la historia del pas sudamericano, lo que garantiza la seguridad energtica en Colombia La empresa colombiana Ecopetrol y la compaa brasilea Petrobras, informaron del resultado exitoso de nuevas pruebas de formacin en el pozo Sirius-2 para comprobar sus reservas.
Last Wednesday, UK Chancellor of the Exchequer Jeremy Hunt announced that the windfall tax on UK oil and gas firms will remain in place for another five years, until March 2029. The levy, which has already driven away investment and reduced production in the North Sea, was previously set to end in 2028.
Esto último, con el objetivo de que pueda usarse en la demostración tecnológica de reabastecimiento de combustible de satélites en la órbita terrestre baja , que Astroscale planea llevar a cabo alrededor de 2029.
As AI-driven data centers rapidly proliferate, the oil and gas industry is seizing a new opportunitynot just as energy suppliers, but as key enablers of power-hungry digital infrastructure. Diamondback Energy: Gas-to-Power for Hyperscalers Diamondback is moving aggressively to monetize stranded gas and improve margins.
(Oil & Gas 360) – Calgary, Alberta (May14, 2025) Strathcona Resources Ltd. billion in 2027 2029, before returning to sustaining expected capital of $0.8 About Strathcona Strathcona is one of North Americas fastest growing oil and gas producers with operations focused on thermal oil and enhanced oil recovery.
The project aims to produce one million tons of green ammonia annually in three phases, starting in 2029, to support the state’s objectives in providing clean fuel for ship bunkering, in addition to exporting to global markets. The post Egypt, France Sign Green Hydrogen Plant Agreement first appeared on Egypt Oil & Gas.
Gato do Mato is an example of our ongoing investment in increasingly efficient projects, said Zo Yujnovich, Shells Integrated Gas and Upstream Director. The consortium anticipates that the Gato do Mato field will commence operations in 2029.
Iraq has agreed to forgive 80% of Mozambique's bilateral debt, with the remaining 20% restructured over 15 years, following a four-year grace period (2029-2043). By John Lee. The original debt of $60.26 million was incurred in 1979-1980 for oil supply agreements but had grown in the meantime to $320.16 Under the agreement, $256.13
Se acord una reduccin socialmente responsable de hasta 7 mil 500 puestos de trabajo en reas indirectas para 2029, basndose en escenarios objetivos. Audi tiene previsto invertir alrededor de ocho mil millones de euros en sus sedes principales hasta 2029. Adems, el prximo Audi Q3 se producir conjuntamente con la planta hngara de Gyr.
Infrastructure & Cost-Saving Initiatives Lator Montney Expansion: Strategic partnership with Pembina Gas Infrastructure (PGI) funds 100% of Phase 1 Lator Infrastructure. Kaybob 15-07 Gas Processing Facility: Expected to reach full capacity in H2 2025 , improving cost efficiencies. 29% of 2025 natural gas production hedged at $3.35/GJ.
He prioritizes core oil and gas projects to unlock stronger cash flow and satisfy shareholders. By targeting a 40% cut in oil-and-gas output by 2030 relative to 2019 levels, he repositioned BP as a leader in renewables, wind, solar, and electric vehicle (EV) charging. From Looney to Auchincloss: Continuity or Clean Break?
In a statement posted on its website in February, BP announced a “fundamentally reset strategy” This strategy will see BP grow its upstream oil and gas business, focus its downstream business, and invest with increasing discipline into the transition, the company noted in that statement.
The worlds largest energy companies have just released their Q1 2025 results, offering a detailed look at how the sector is holding up amid fluctuating commodity prices, ongoing supply chain pressures, and the growing influence of gas and LNG markets. billion in Q1 2024, impacted by lower realized oil and gas prices and adjusting items.
Para 2029, habremos reducido nuestras emisiones de CO2 hasta en un 30 % en comparacin con 2019. En un primer paso, se pondr en funcionamiento un horno de arco elctrico de energa verde en cada una de nuestras plantas de Linz y Donawitz a partir de 2027.
For example, Pacific Gas and Electric Company (PG&E) implemented four rate increases for all customers in 2024 alone. However, full integration may take years, with some utilities not expecting compliance until 2029. California energy customers have seen electricity rates increase dramatically in recent years.
By 2029, U.S. has gained traction since the early 2020s, promising real-time insights, enhanced grid management, and demand response. smart meter installations will reach 182.9 million, covering 94% of customers. However, AMI 2.0 isnt just about meters, it demands high-bandwidth communication and scalable storage.
Image by David Tran via iStock Six liquefied natural gas (LNG) projects in the United States have secured agreements with JERA Co. Kimmeridge expects to make an FID in the third quarter of 2025 and start production 2029. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
La compaa prev obtener las primeras producciones en 2029. Recordemos que el 29 de abril de 2025, Woodside anunci la inversin para desarrollar el proyecto de GNL de Luisiana que se conformar de tres trenes y 16,5 millones de toneladas por ao de este combustible.
While natural gas-fired power plants may become competitive in such a scenario, they have their own supply chain and long-term policy shortcomings for investors to ponder. When considering tariff-related cost increases, it does certainly tip scales in natural gas favor. 4 Applied to 45Q, 45Y, 48E, 48(a).
billion investment for the construction of a liquefied natural gas (LNG) plant in Louisiana. Australia’s Woodside Energy announced on Monday it has approved a $17.5 It is the first financial go-ahead to construct a LNG plant in the U.S. Read more]
La acera suministrar placas de acero de alta calidad para la industria automotriz a HMGMA cuando comience la produccin comercial de acero en 2029. a travs de su filial Hyundai Steel, con una capacidad de produccin anual de acero de 2,7 millones de toneladas.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content