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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.
bpd in 2025 to 6M bpd in 2029." CNOOC has interests in the Maysan Oil Fields and Block 7 , while PetroChina -- part of China National Petroleum Corporation (CNPC) -- is developing West Qurna 1. Source: Vallourec) The post French Firm Wins $130m Iraq Pipes Contract first appeared on Iraq Business News.
With partner Endeavour Energy, Deep Fission’s goal is to deliver 2 GW of power for AI-ready data centers by 2029. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The company is in the pre-licensing stage with the Nuclear Regulatory Commission.
still needs the Strategic Petroleum Reserve at all. Yet, the so-called “Big Beautiful Bill” that Trump signed into law on July 4 reduced planned spending on SPR repurchases to $171 million between 2025 and 2029, from $1.3 President Donald Trump’s signature budget bill slashed funding for refilling U.S. oil consumption, when full.
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.
this year, actively pursuing international partnerships following a revision of its Hydrocarbons Law in 2029. The Tanzania Petroleum Development Corporation is developing the Tanzania LNG project, working with Shell and Equinor to monetize resources in Blocks 1, 2 and 4. Algerias Sonatrach will increase hydrocarbon production by 2.5%
billion in 2027 2029, before returning to sustaining expected capital of $0.8 an independent petroleum consulting firm based in Calgary, Alberta, has evaluated the petroleum and natural gas reserves associated with Strathconas interests in Alberta, British Columbia and Saskatchewan. billion in 2026 and $1.1 $1.2
Carbon Credits, NET Power, and DAC: Oxys Ecosystem Play Vicki Hollub , CEO of Occidental Petroleum, is aligning decarbonization with data infrastructure demand: We recognize that we are in a pivotal moment… especially with the proliferation of data centers and AI.
The $8-billion project is expected to see peak production of 160,000 barrels of oil per day, beginning in 2029, according to 2020 estimates but since then, this has been revised up to a maximum of 180,000 barrels per day (bpd).
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