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Australias Woodside Energy, the developer of the Louisiana LNG export project, expects global naturalgas demand to jump by 50% by the end of the decade, chief executive Meg ONeill said at an industry conference on Tuesday.
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 naturalgas derived from fossil sources as the dominant on-road […].
BP approved on Thursday the development of the Ginger naturalgas 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. Production is
Russia expects its naturalgas 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.
Officials in the UK said the country will need to build new naturalgas-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.
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,
Africa is set to play a pivotal role in the global gas industry in the coming years as the worlds liquefied naturalgas (LNG) production capacity soars from 486 million tonnes per annum (Mtpa) last year to 755 Mtpa in 2030, according to Rystad Energys latest projections.
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 naturalgas (RNG) project at the Tennesse-based South Shelby Landfill.
Rising demand for naturalgas and favorable policy support are driving major U.S. producers and pipeline operators to revisit plans for new infrastructure in Appalachia—the country’s most productive gas region. homes relying on heating oil are located in the Northeast—making affordable gas access an urgent issue.
Over the course of Thursday and Friday - days III & IV - of Gastech 2024 that put us on the home stretch towards the conclusion of global event, many of the conversations revolved around climatetech and harnessing the power of naturalgas as a destination fuel in the world's march to a low to a zero carbon future.
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 naturalgas 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.
They also pay dividends Published Wed, Jul 9 2025 3:02 PM EDT Updated 2 Hours Ago Darla Mercado, CFP® @darla_mercado WATCH LIVE One corner of the energy market is poised to gain as data centers drive demand for naturalgas-fueled power, according to TD Cowen – and a few of those providers pay attractive dividends, too.
(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.
Image by Suphanat Khumsap via iStock Shell PLC and its LNG Canada partners announced Monday they had dispatched the first cargo from the Kitimat, British Columbia project, saying the milestone introduces Canada as an exporter of liquefied naturalgas (LNG). Korea Gas Corp. Japan’s Mitsubishi Corp. billion ($4.27
The International Energy Agency (IEA) at India Energy Week 2025 today released its comprehensive India Gas Market Report, revealing that India's naturalgas sector has reached an inflection point.
(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.
million barrels of oil equivalent per day in 2030, up from 4.3 oilfield the Permian, and the liquefied naturalgas business, [Read more] Exxon Mobil expects to raise output to 5.4 million boepd now, the company’s president of upstream said on Wednesday.
The company already owns a 103-MW solar plant under construction and a partially solarized network of 184 service stations, as well as operates naturalgas distribution, in the Dominican Republic. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! All comments are subject to editorial review.
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, naturalgas, power and renewable industries.
The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest naturalgas 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.,
(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 proposed intermediate target “does not prescribe specific policies, technologies or measures, leaving Member States flexibility, taking into account the regulatory framework to achieve greenhouse gas emission reduction targets”, the official text says. There’s a reason 700K+ energy professionals have subscribed.
Naturalgas producers in the Permian Basin should once again brace for lower prices at Waha as production looks to outpace the pipeline capacity needed to transport gas to both domestic and international markets, including liquefied naturalgas shipments, said Jason Feit, lead author of a new report from EIR.
The International Gas Union’s Global Gas Report 2024 shines a spotlight on a critical issue: a significant lack of investment in naturalgas production and infrastructure, all while global demand for gas is expected to rise steadily over the next decade. percent.
Offshore pipeline re-use Two main scenarios which can be realized before 2030. In both scenarios, one of the pipelines becomes fully available for hydrogen; the other pipeline continues to facilitate the transport of existing and future naturalgas production.
NaturalGas $3.98 +3.25% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Perenco Invests in New Offshore Infrastructure in Congo by Paul Anderson | Rigzone Staff | Tuesday, June 17, 2025 | 10:05 AM EST Perenco is building a new platform to recover approximately 7 million cubic feet of gas per day in the Kombi-Likalala-Libondo II permit area.
Based on recent announcements, rig activity, and executive commentary, here are the Top 5 Priorities Chevron is expected to focus on for the rest of 2025 : US Oil & Gas Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled… 1. naturalgas exports as critical to long-term energy security.
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.
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 naturalgas energy center.
naturalgas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. million boepd by 2030.
And that source is naturalgas. Naturalgas is the only energy source thats plentiful, reliable and affordable enough to meet the increased energy demands created by future technologies like AI. Thats why naturalgas is the key to solving this problem: its reliable.
The agreement outlines the necessary steps to reach a final investment decision for the project’s next phase which includes developing the infrastructure for gas production, treatment, transportation, and liquefaction using floating liquefied naturalgas (FLNG) units, with a planned capacity of 12 million tons of LNG per year.
economy is set to consume more electricity in 2030 for processing data than for manufacturing all energy-intensive goods combined, including aluminum, steel, cement and chemicals, according to the International Energy Agency. has moved away from fossil fuels like coal, oil and naturalgas to reduce planet-warming greenhouse-gas emissions.
Naturalgas output at the Novatek PJSC-led facility averaged 14 million cubic meters a day on June 28 and June 29, according to a person with knowledge of the matter. Higher naturalgas output doesn’t automatically indicate a hike in LNG production, but historically the plant produced more gas when it was able to load cargoes.
(BOE Report) – Producers are pushing ahead with liquefied naturalgas projects, banking on urbanisation and the technology sector to drive global power demand and outweigh such challenges as potential oversupply, rising project costs, and tariff uncertainty.
The Federal Clean Electricity Regulations (CER), finalized in December 2024, establish annual emissions limits for fossil fuel power plants, effectively phasing out coal and gas over three decades. It’s projected to cut cumulative greenhouse gas emissions by 181 megatonnes by 2050 , underscoring a vast investment opportunity.
Liquefied naturalgas (LNG) has emerged as a vital component of this shift — not as a competitor to renewables, but as a complementary, lower-emission fuel that supports reliability where intermittent sources fall short. The Qatargas Jetty Boil-Off Gas Recovery Facility exemplifies this approach. million tons per year.
(Oil Price) –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. The green hydrogen from RWE will be used in TotalEnergies Leuna refinery in Germany to reduce the plants carbon emissions.
The target - a tripling of global nuclear power capacity by 2030, which is currently less than 10% of the energy mix. One thing the announcement did immediately do is puncture the fawning over naturalgas being the fuel to meet the world's power demands that we'd heard for almost three days of the event.
power market to more than double by 2030 *Naturalgas to account for over half of incremental power supply *U.S. naturalgas production set to peak in early 2030s By Ron Bousso LONDON, April 29 – [Read more] (The opinions expressed here are those of the author, a columnist for Reuters.)
(Oil & Gas 360) – HOUSTON–(BUSINESS WIRE)– Cheniere Energy, Inc. Cheniere) (NYSE: LNG) announced today that its subsidiary, Cheniere Marketing, LLC (Cheniere Marketing), has entered into a long-term Integrated Production Marketing (IPM) gas supply agreement with Canadian Natural Resources Limited.
The plan also eyes 885 MW of battery energy storage capacity, 611 MW of gas power via coal conversions, 550 MW from naturalgas, 344 MW of energy efficiency and 20 MW of incremental demand response. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! 700K Industry Pros can’t be wrong.
“Each LNG Canada joint venture participant will provide its own naturalgas supply and individually offtake and market their respective share of liquified naturalgas from LNG Canada, starting today”, LNG Canada Development Inc., The shipment embarked Monday through the 174,000-cubic-meter (6.14
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