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Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy. Once hindered by technical and operational challenges, FLNG projects are now achieving utilization rates comparable to onshore terminals.
Department of Energy has warned that blackouts could increase substantially in the coming years unless more baseload capacity is added to the grid. This mismatch has increased the risk of a potential twofold increase in blackouts by 2030. This report affirms what we already know: The United States cannot afford…
The world has made progress in increasing access to basic electricity, but developing nations need much more financial support to reach 666 million people in vulnerable and rural areas who lack access to energy, the International Energy Agency (IEA) said in a report on Wednesday.
The Middle East is on track to surpass Asia to become the world’s second-largest gas producer in 2025, ranking only behind North America, according to Rystad Energy research and analysis. The region currently produces about 70 billion cubic feet per day (Bcfd) of gas, a figure that is forecast to increase by 30% by 2030 and…
Despite high-profile pushbacks against renewable energy and a rapidly changing policy environment, the global clean energy transition has picked up speed over the last year. The World Economic Forum’s annual Energy Transition Index 2025 paints a refreshingly hopeful picture for global climate…
July 29, 2025 4 min read Rystad Energy Floating vs. onshore LNG utilization rates Floating liquefied natural gas (FLNG) terminals are increasingly making their mark on the global LNG market, with projections from Rystad Energy indicating that their capacity could triple by 2030. million tpy recorded in 2024.
The Outlook covers all energy industry segments, but here we focus solely on oil demand and supply. mb/d by 2030 and by 19.2 OPEC released its 2025 World Oil Outlook 2050 yesterday at the OPEC Seminar 2025. OPEC Global Oil Demand to Grow by 19.2 Figure 1 is the most critical chart in the Outlook for the oil market. mb/d to 113.3
As several countries expand their green hydrogen production capacities, regions will have to develop new pipelines and energy transportation corridors to support a green transition across borders.
Yet the International Energy Agency continues to believe oil demand growth is going to peak before 2030, suggesting there is no such need for investments. The world needs $18.2 trillion in new oil and gas investments in the period until 2050 in order to secure a sufficient supply. Are both talking up their respective book?
Offshore Energies UK (OEUK) has today proposed key reforms to accelerate offshore wind generation following the government’s publication of its Review of Electricity Market Arrangements (REMA). OEUK’s analysis shows that to meet the CP30 goal of 95% clean power by 2030, the UK must deliver half of this target from offshore wind.
billion worth of energy storage batteries with South Korean battery major LG Energy Solution, Reuters reported, citing an unnamed source. The contract’s term is from 2027 to 2030, but it could be extended by seven years. Tesla has signed a deal for the supply of $4.3
Oil demand is set to plateau rather than drop off a cliff after it peaks, the International Energy Agency (IEA) predicted this week, citing “policy settings and market trends.” That oil demand is set to peak before 2030 has been repeated ad nauseam by various forecasters, including, notably, Chinese energy majors Sinopec and CNPC.
Skip to main content Is geothermal energy ready to make its mark in the US power mix? July 17, 2025 | Article Adam Barth   Clint Wood Maximilian Moosburger   Bobo Stankovikj Next-generation geothermal energy may soon be a cost-competitive way to fill the need for clean, firm power in the United States.
The ongoing conflict between Israel and Iran continues to send shockwaves through global energy markets. Recent strikes on Iranian energy infrastructure by Israel have heightened concerns about supply disruptions and price volatility. The latest Middle East conflict is injecting new uncertainty into global energy markets.
mb/d by 2030 and by 19.2 July 11, 2025 Chart of the Day OPEC: Global Oil Demand to Grow by 19.2 mb/d by 2050 Subscribe now Summary OPEC launched its World Oil Outlook 2050 yesterday during the OPEC Seminar 2025. Figure 1 is the most critical chart in the Outlook for the oil market. OPEC predicts global oil demand will rise by 9.6
AGA Newsroom True Blue Blog Where energy conversations come to life. Energy – and lots of it. Reliable energy is essential for long term success of the data computing centers necessary for maintaining AI’s momentum. Power demand is expected to grow 160% by 2030 , which will require us to expand natural gas infrastructure.
Dubai has increased its 2030 clean energy capacity target from 25% to 34%. It has added 800MW of renewable capacity already this year, but strong demand growth means gas remains central.
OEUK’s wind and renewables manager, Thibaut Cheret comments: “Encouraging firms and investors to invest in the UK is critical across our energy mix. GW to move UK closer to Clean Power 2030 goals appeared first on Offshore Energies UK (OEUK). To get there, OEUK believes it’s critical the coming allocation round raises 8.4
energy per year, it said on Thursday. energy to $750 billion over the next three years. The Commission has said it will remain up to private companies to choose where they buy energy, but that it was considering pooling European buyers’ demand to match it with U.S. The $750 billion energy deal covers EU purchases of U.S.
New funding for projects in Scotland, Humberside, Teesside and Merseyside The investment in the UK offshore energy industry outlined in today’s Comprehensive Spending Review is progress towards a clearer picture of how the government will support homegrown energy. Domestic production is the path to energy security and economic growth.
Fact: Canada is on track to avoid 181 megatonnes of GHG emissions by 2050 while adding 400,000 clean energy jobs. LNG: A Bridge Fuel in Canada’s Energy Strategy Fact: The $40 billion LNG Canada project is designed to produce 14 million tonnes of LNG annually at world-leading efficiency. Natural gas isn’t going away overnight. "LNG
Britain’s next renewable energy auction must secure a record amount of new offshore wind capacity if the country is to meet its 2030 clean power targets, Darren Davidson…
Cumulative investment in carbon capture and storage (CCS) is expected to reach $80bn over the next five years as capacity quadruples, according to a new report by Norwegian energy expert and assurance provider DNV. In its Energy Transition Outlook: CCS to 2050 it says that so far growth has mostly come from pilot projects.
Leading trade body Offshore Energies UK (OEUK) has today responded to the opening of a consultation that seeks views on increasing Scotland’s offshore wind ambition by to up to 40 gigawatts (GW) by 2040. Scotland’s current offshore wind capacity ambition is between 8 – 11 GW by 2030.
Minneapolis-based Xcel Energy said last week it will build 17 new power projects in Texas and New Mexico to add 5,168 megawatts of new capacity to Xcel’s generation fleet by 2030. That includes 3,200 megawatts of dispatchable generation and energy storage and 1,968 megawatts of wind and solar facilities.
Leading trade body Offshore Energies UK today responds to the government’s publication of its Review of Electricity Market Arrangements (REMA). Retaining national pricing supports offshore wind and clean energy development in Scotland and across the UK. These reforms are an important stepping stone to the UK’s energy future.
Hochul has previously argued that officials should have come up with a Plan B and better anticipated the state’s energy needs before moving to cut the plant. The governor signaled last year that she and energy officials were considering nuclear reactors to be part of New York’s clean energy goals. Driscoll said. “I
Today, the UK is dependent on imports for almost 40% of its total energy. In a volatile world, relying on others for our energy is not a position of strength. Energy production in the UK is at historic lows. It is no coincidence that our energy prices were competitive, and our economy benefitted.
The project marks a major milestone for Canada’s energy sector, with ambitions to deliver lower-carbon energy to global markets while strengthening economic ties with Asia. Shell describes LNG as a lower-carbon alternative to coal for electricity generation and as a flexible partner to intermittent renewable energy.
Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy…
TSX: TVE CALGARY, AB, July 25, 2025 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that it has successfully closed the previously announced private placement offering (the “Offering“) of $325.0MM aggregate principal amount of 6.875% senior unsecured notes (..)
’s renewable energy and battery energy storage system (BESS) portfolio of over one gigawatt in the Dominican Republic. Last year the French energy giant acquired a 30 percent stake in Arlington, Virginia-based AES’ renewables portfolio in Puerto Rico. There’s a reason 700K+ energy professionals have subscribed.
Offshore Energies UK has today responded to the news that the Department for Energy Security & Net Zero (DESNZ) has increased the strike price caps and extended the duration for wind technologies in the upcoming Allocation Round 7 (AR7) Contracts for Difference (CfD) round. We have said it must raise at least 8.4
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.
In the initial global MACC, the abatement potential for passenger EVs by 2030 was estimated at 0.05 The initial MACC reported more than three gigatons of potential abatement from CCUS, but the technology has not scaled as expected; only about one-thirtieth of those three gigatons will be captured by 2030. gigatons as of 2024.
Around 389mn tonnes of CO₂ equivalent – 46mn of that from unburnt methane, one of the most potent greenhouse gases – was needlessly emitted, wasting about US$63bn in lost energy and setting back efforts to reduce emissions and boost energy security and access.
Energy Information Administration estimated in May that retail electricity prices would outpace inflation through 2026. "It's a pretty simple story: It's a story of supply and demand," said David Hill, executive vice president of energy at the Bipartisan Policy Center and former general counsel at the U.S.
energy sector. Stabroek is a highly attractive asset, with 11 billion barrels of oil reserves and production costs of only around $20 a barrel, among the lowest in the world, according to consultancy Rystad Energy. Chevron’s production is now expected to exceed 4 million bpd by 2030 from 3.4 million bpd by the end of 2027.
The Italian energy giant Eni and Argentina’s leading energy company YPF have signed a key agreement to advance the Argentina LNG (ARGLNG) project. Aimed at supplying international markets, the project is expected to gradually scale up to export 30 million tons of LNG annually by 2030.
The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. million bpd by 2030, with more volumes flowing through Trans Mountain. NuVista Energy Ltd. Still, fundamentals remain strong. and Lexterra Land Ltd.
TotalEnergies aims to increase the share of natural gas in its sales mix to nearly 50 percent by 2030. We’d love to hear from you, join the conversation on the Rigzone Energy Network. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! There’s a reason 700K+ energy professionals have subscribed.
Renewable energy sources are rapidly expanding and driving the decarbonization effort, yet certain industries, particularly those with hard-to-abate (HtA) emissions, require additional solutions. billion tons by 2030. The cap tightening equates to a 62 percent reduction by 2030 compared to 2005 levels. 3 Assuming a 4.3
and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75
Owned by DT Midstream and TC Energy, the pipeline already moves 2.0 Looking ahead, analysts project Appalachian demand could rise by up to 5 Bcf/d by 2030 if new pipelines are built, according to East Daley Analytics. Concerns focus on land use, emissions, and changing patterns of local energy demand. Bcfd into North Carolina.
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