McKinsey

JULY 17, 2025

Another option—carbon-capture technology added to natural gas plants—faces challenges in becoming cost-competitive. Natural gas paired with carbon capture technology is expected to remain the most costly clean, firm technology in the coming decade absent a breakthrough. ” McKinsey, March 21, 2023.

IT

Egypt Oil & Gas

AUGUST 4, 2025

ADNOC Gas, a world-class integrated gas processing and sales company, has signed an a 10-year-term agreement with the Indian key energy player, Hindustan Petroleum Corporation Limited (HPCL), to supply it with 0.5 million metric tons per annum (mmtpa) of liquefied natural gas (LNG).

Gas

Rextag

JUNE 20, 2025

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. Whitecap Resources and Veren have completed a CA$15 billion (US$10.43

Gas

Rigzone

JULY 3, 2025

The company already owns a 103-MW solar plant under construction and a partially solarized network of 184 service stations, as well as operates natural gas distribution, in the Dominican Republic. The BESS projects will be integrated into solar plants to mitigate intermittency, according to TotalEnergies.

Natural Gas

Rigzone

JULY 24, 2025

Image by Alexey_Lesik via iStock TotalEnergies SE and CMA CGM Group on Wednesday announced an agreement to form a 50-50 venture to supply liquefied natural gas (LNG) fuel at the Port of Rotterdam, the Netherlands. TotalEnergies aims to increase the share of natural gas in its sales mix to nearly 50 percent by 2030.

Natural Gas

Enverus

JUNE 19, 2025

It now expects EVs will comprise only 20% of sales by 2030, down from a previous estimate of 50%, a revision suggesting more demand for oil in the transportation sector. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries.

Energy

Rextag

JULY 7, 2025

Natural gas isn’t going away overnight. A Global Market in Flux: LNG Oversupply on the Horizon Fact: LNG export capacity is projected to increase by over 40% globally by 2030. Supply is set to surge as over two dozen projects come online, lifting export capacity over 40% by 2030.

Energy

Egypt Oil & Gas

JUNE 10, 2025

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 natural gas (FLNG) units, with a planned capacity of 12 million tons of LNG per year.

Natural Gas

Rigzone

JULY 21, 2025

Image by Mrinal Pal via iStock State-owned GAIL (India) Limited has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with Vitol Asia Pte. India’s government is targeting an increase in the share of natural gas in its primary energy mix from 6 percent currently to 15 percent by 2030.

Natural Gas

McKinsey

JULY 10, 2025

billion tons by 2030. The cap tightening equates to a 62 percent reduction by 2030 compared to 2005 levels. The cap tightening equates to a 62 percent reduction by 2030 compared to 2005 levels. Prices are expected to continue to rise, potentially reaching €110 to €150/ton by 2030. percent, dropping to around 0.8

Transportation

Oil & Gas 360º

JULY 18, 2025

But Exxon regained ground in 2010 with its $41 billion acquisition of natural gas producer XTO. shale producer Pioneer Natural Resources for $60 billion. Chevron’s production is now expected to exceed 4 million bpd by 2030 from 3.4 It then cemented its position as the largest U.S. million bpd in the first quarter of 2025.

Oil

McKinsey

JUNE 16, 2025

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.

Sustainable

Oil Review Middle East

JULY 2, 2025

Liquefied natural gas (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. Striking a balance is crucial especially in the context of a global transition to a low-carbon future.

Sustainable

Rigzone

JULY 1, 2025

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.

Energy

Rigzone

JUNE 17, 2025

By 2030 Petronas aims to have “Biodiversity Action Plans” for all “very high” and “high” risk areas that host sites under Petronas’ operational control. “Where not feasible, PETRONAS establishes comparable areas to substitute the loss.

Operator

Rextag

JULY 7, 2025

Canada has officially entered the ranks of global LNG exporting nations with the departure of the first cargo from LNG Canada, the country’s first large-scale liquefied natural gas export terminal. However, experts caution that these claims are complicated. “Will all of our natural gas exports be displacing coal?

IT

Rigzone

JULY 17, 2025

on Wednesday reported $615 million in adjusted net income attributable to common shares for the second quarter, up 13 percent from the same three-month period last year thanks to higher volumes of transported natural gas and refined oil products. Kinder Morgan’s natural gas pipelines carried 44.59 billion to $1.97

Natural Gas

Rigzone

AUGUST 4, 2025

Chief Executive Officer Murray Auchincloss reset BP’s strategy in February by promising to refocus on oil and gas after years of failed low-carbon investments. BP’s 2030 production target - 2.3 Other supermajors had recommitted more quickly to the hydrocarbon-focused strategies that fed their profits. million to 2.5

Exploration and Production

Oil & Gas Journal

JULY 29, 2025

Natural gas production from the Bass Strait assets is 100% dedicated to the Australian domestic market and currently supplies about 40% of Australian east coast domestic gas demand. Bass Strait assets include the Gippsland Basin Joint Venture (GBJV) and the Kipper Unit Joint Venture (KUJV).

Exploration and Production

CNBC: Energy

JUNE 21, 2025

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 natural gas to reduce planet-warming greenhouse-gas emissions.

Finance

Rigzone

JUNE 17, 2025

Natural Gas $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.

Offshore

Rigzone

JULY 15, 2025

That must increase to six percent from 2030; 20 percent from 2035; 34 percent from 2040; 42 percent from 2045; and 70 percent from 2050. Each airport that falls under the regulation must have at least two percent of SAF in their total consumption starting this year.

Sustainable

Rigzone

AUGUST 4, 2025

HPCL) has signed a heads of agreement with ADNOC Gas PLC for the delivery of 500,000 metric tons a year of liquefied natural gas (LNG) for 10 years to India. ’s gas processing and sales arm will source the LNG from the Das Island liquefaction facility, which has a capacity of six million metric tons per annum (MMtpa).

Natural Gas

Rigzone

JULY 2, 2025

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.

Instrumentation

Rigzone

JULY 1, 2025

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 natural gas (LNG). Last year it sold 65.8 million metric tons of LNG, while it recorded 29.1

Natural Gas

Permian Basin Oil and Gas Magazine

AUGUST 4, 2025

The exporting of liquefied natural gas (LNG) has changed the game for producers of those molecules in every basin in recent years. The rising export demand, starting when LNG exports began in 2016, has helped raise natural gas from the $2 per million btu (MMBtu) doldrums they were in when they crashed to $1.95

BCF

Valor

AUGUST 4, 2025

BP boosted by biggest oil discovery in 25 years Summary : On August 4, BP announced its biggest oil and gas discovery in 25 years offshore Brazil, its tenth find in 2025, causing its shares to rise 1.7% million barrels of oil equivalent per day by 2030. Read more Nat-Gas prices recover on forecasts for hotter U.S.

Energy

Oil Review Middle East

JULY 31, 2025

According to the latest data at the end of 2024, while the global average price of natural gas for the population was set at 0.086 US$ per kWh (a unit of energy used for correct international comparison), in Kazakhstan it remained in the group of the lowest in the world. To achieve this goal, work is underway in several areas.

Gas

Rigzone

JUNE 19, 2025

Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas, MOL Form CO2 Transport JV by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 4:35 AM EST The partners already completed the front-end engineering design for a 62,000-cubic-meter LCO2 transport vessel.

Transportation

Rigzone

JULY 2, 2025

The plan also eyes 885 MW of battery energy storage capacity, 611 MW of gas power via coal conversions, 550 MW from natural gas, 344 MW of energy efficiency and 20 MW of incremental demand response. The 2026-45 Integrated Resource Plan (IRP) would add about 2.15 CEYW is targeted to add a further 320 MW of solar by 2027.

Natural Gas

Oil & Gas Journal

JULY 30, 2025

The pipeline is designed to transport natural gas through about 170 miles of pipeline from Williams, La., A final investment decision (FID) on the Pelican Pipeline was taken in October 2024 after having sufficient firm transportation agreements with shippers were secured ( OGJ Online, Oct. 31, 2024 ). to the Gillis Hub near Ragley, La.

Pipeline

CNBC: Energy

AUGUST 5, 2025

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada. The development of Saudi Arabia's Jafurah gas field is expected to be a major part of that.

Upstream

Oil Gas Leads

JULY 4, 2025

natural gas exports as critical to long-term energy security. Plan: Use Direct Lithium Extraction (DLE) for EV and grid storage supply chains Competitive advantage: Fluid handling expertise from oil & gas operations Lithium demand is expected to quadruple by 2030—and Chevron wants in early. The company sees U.S.

Basin

Rigzone

JUNE 9, 2025

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.

Gas

Rigzone

JUNE 12, 2025

The analysis warned that the House-passed budget reconciliation bill could reduce energy infrastructure investment by $220 million to $285 million by 2030. GWdc of Solar Capacity in Q1 by Jov Onsat | Rigzone Staff | Thursday, June 12, 2025 | 10:17 AM EST The U.S.' ' installed solar capacity grew to 248 GW, enough to power 41.2

Supply Chain

Rigzone

JULY 29, 2025

Natural gas output was almost 3.6 The debt offering, disclosed in a filing July 22, will consist of dollar-denominated debt maturing August 2030, in the form of amortizing pre-capitalized securities, or P-Caps, a type of instrument used in asset-backed finance. Crude and condensate production slumped to 1.63

Finance

Rigzone

JULY 30, 2025

The joint venture started preliminary front-end engineering design (FEED) work in April and plans to initiate CO2 injection around 2030, according to the statement.

Exploration and Appraisal