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Australias Woodside Energy, the developer of the Louisiana LNG export project, expects global natural gas demand to jump by 50% by the end of the decade, chief executive Meg ONeill said at an industry conference on Tuesday.
The UK government needs to replace the current windfall tax on North Sea oil and gas operations as soon as practically possible and not wait until the sunset clause of the tax regime expires in 2030, says the North Sea Transition Taskforce, backed by the British Chambers of Commerce.
Africa is set to play a pivotal role in the global gas industry in the coming years as the worlds liquefied natural gas (LNG) production capacity soars from 486 million tonnes per annum (Mtpa) last year to 755 Mtpa in 2030, according to Rystad Energys latest projections.
However, analysis from Rystad Energy shows the upcoming Jafurah shale gas field, set to start production in 2025 and the largest of its kind globally, could dramatically shift this dynamic. By tapping into unconventional gas,
million electric vehicles (EVs) in its service areas by 2030. Million EVs by 2030 appeared first on NGT News. Xcel Energy says it is committed to powering 1.5 The post Xcel Energy Commits to Powering 1.5
Operations at Saudi Arabias Jafurah shale gas field the countrys largest unconventional non-oil associated gas site and arguably one of the biggest outside the U.S. will begin this year, according to a comment last week from Saudi Aramcos president and chief executive officer, Amin Nasser.
BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the ten major new projects that the UK supermajor promised to start up by 2027. In the upstream, BP will aim for 10 new major projects to start up by the end of 2027, and a further 810 projects by the end of 2030.
Officials in the UK said the country will need to build new natural gas-fired power plants beyond 2030 in order to ensure a reliable supply of energy and avoid blackouts. […] The post UK Leaders Say New Gas-Fired Plants Needed for Energy Security appeared first on POWER Magazine.
Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday.
Operators and developers are expected to spend a total of $43 billion on oil and gas projects in Africa this year, as established producers and newcomers see growing investments, the African Energy Chamber said in a new report.
NGVAmerica has pledged that by 2030, 80% of NGV on-road motor fuel in the U.S. Last year, RNG collected at local landfills, wastewater treatment plants, commercial food waste facilities and agricultural digesters displaced conventional natural gas derived from fossil sources as the dominant on-road […].
Under current trends, global gas demand is set to peak before the decade’s end. To do this, demand must fall by 110 bcm per year until 2030. Bringing forward this peak in line with climate imperatives can bolster economic growth, security, and resilience.
Adnoc Gas has awarded contracts for the $5bn first phase of its 1.5bn cfd Rich Gas Development project. The project will handle associated gas from Adnoc’s crude expansion projects and puts the UAE a step closer to gas self-sufficiency by 2030.
Malaysia is expected to add 6-8 gigawatts of gas-fired power by 2030 to address growing electricity consumption driven by demand from data centres, an industry official said.
Europes oil and gas giants are increasingly scaling back their climate goals as they struggle to deliver on their ambitious clean energy pledges. However, In February Equinor scrapped a pledge to devote more than 50% of its gross capital expenditure to renewables and low-carbon solutions by 2030.
Image by Emiliano Ortiz via iStock Italy’s Eni SpA and Argentina’s YPF SA have signed an agreement to build a liquefaction facility to enable the export of natural gas from the Vaca Muerta field in the South American country. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.
As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. In liquefied petroleum gas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025. By John Lee.
Southern California Edison (SCE) has committed to electrifying every passenger car and small-to-midsize SUV in its fleet by 2030. SCE estimates that in pursuing its 2030 fleet electrification […]. The post SCE Commits to Electrifying Fleet by 2030 appeared first on NGT News.
A clean power system by 2030 will require key elements of the UKs energy system to deliver simultaneously at the limits of what is feasible, according to the UKs National System Operator (NESO). The post ‘The limits of feasibility’ can the UK achieve clean power by 2030? appeared first on Energy Voice.
Republic Services, a company that specializes in recycling and non-hazardous solid waste disposal, and energy partners Aria Energy and bp have partnered on a landfill gas to renewable natural gas (RNG) project at the Tennesse-based South Shelby Landfill.
Germanys biggest utility RWE will supply green hydrogen to Frances oil and gas supermajor TotalEnergies in a 15-year deal from 2030, in one of the largest such agreements globally. RWE to supply around 30,000 metric tons of green hydrogen annually to TotalEnergies from 2030 to 2044, the German utility giant said on Wednesday.
(Oil Price) –Operators and developers are expected to spend a total of $43 billion on oil and gas projects in Africa this year, as established producers and newcomers see growing investments, the African Energy Chamber said in a new report. Going forward, West and North Africa are expected to lead the spending spree through 2030.
La empresa energtica global que se dedica a la exploracin, extraccin, desarrollo, produccin y distribucin de petrleo y gas ha publicado un estudio que sustenta el uso de gas natural en la industria de los centros de datos de IA El mundo actual est cada vez ms allegado a la inteligencia artificial (IA) de diversas formas todos los das.
The French state-backed multinational power and gas utility said it targets to reach 95 GW of installed RE and energy storage capacities by the end of 2030 as it announced 'an accelerated decarbonization path'.
(Oil Price) –BP said on Thursday that its Cypre development offshore Trinidad and Tobago delivered first gas, as yet another project started up since the supermajor reset its strategy to shift focus back to oil and gas. million barrels of oil equivalent per day (boed) in 2030, with capacity to increase to 2035.
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.
million barrels of oil equivalent per day in 2030, up from 4.3 oilfield the Permian, and the liquefied natural gas business, [Read more] Exxon Mobil expects to raise output to 5.4 million boepd now, the company’s president of upstream said on Wednesday.
Scotland’s current offshore wind capacity ambition is between 8 – 11 GW by 2030. We need a pragmatic approach which harnesses the power of wind to electrify homes and electrify oil and gas platforms. This makes sure the North Sea can always be the energy provider of choice to the UK and further.
Britain’s largest gas network companies have released the results of a study pointing to the importance of hydrogen fuel in London’s strategy The partnership between Cadent, SGN and National Grid Gas Transmission is designing a hydrogen vision for the capital setting out the potential benefits and opportunities to London and Britain.
When fully scaled-up by 2030, the project could deliver more than 250,000 tons of sustainable fuel to buses, trucks, maritime vessels and airplanes […]. Moller – Maersk, DSV Panalpina, DFDS, SAS and Ørsted have entered a partnership with the goal of developing a hydrogen and e-fuel production facility by as soon as 2023.
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. Gas production equaled 106,000 boe/d, led by Strathcona Resources Ltd.,
American Electric Power (AEP) says it will accelerate its electric vehicle (EV) purchases with the goal of replacing 100% of its 2,300 cars and light-duty trucks with EV alternatives by 2030. AEP’s total fleet is composed of nearly 8,000 vehicles, including medium- and heavy-duty vehicles.
Twenty-eight businesses – which employ hundreds of thousands of workers across all 50 states – have launched the Zero Emission Transportation Association (ZETA), a new organization advocating for national policies that will enable 100% electric vehicle (EV) sales throughout the light-, medium- and heavy-duty sectors by 2030.
En cuanto al tema de la transmisin, se espera una inversin de 224 mil mdp y en cuanto a la red de distribucin, se destinarn 72 mil 470 millones de pesos para su fortalecimiento.
The targeted nature of these strikes suggests a deliberate attempt to avoid major disruptions to international markets: the affected refinery and gas field serve Iran’s domestic consumption needs. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries.
(BOE Report) – Saudi oil giant Aramco is seeking investors in infrastructure, including pipelines, for its $100 billion Jafurah gas project, two people familiar with the matter told Reuters. shale gas production in 2024 was around 80 billion cubic feet per day.
The International Energy Agency (IEA) at India Energy Week 2025 today released its comprehensive India Gas Market Report, revealing that India's natural gas sector has reached an inflection point.
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.
By 2030 Petronas aims to have “Biodiversity Action Plans” for all “very high” and “high” risk areas that host sites under Petronas’ operational control. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! 700K Industry Pros can’t be wrong.
says by mid-2026, 100% of its passenger vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid – and will be completely all-electric by 2030. Ford Motor Co.
(Oil Price) –BP is looking to raise the number of its board members and hire two more directors as part of its strategy to boost oil and gas production and shareholder returns, the Financial Times reported on Tuesday, citing sources familiar with the plans. Production is also expected to grow, to 2.32.5
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