Offshore Energies UK

JULY 11, 2025

OEUK says the decision to take a national approach to pricing will encourage more wind energy investment to help the government hit its Clean Power 2030 targets and boost growth in the critical offshore energy supply chain. There is only one energy supply chain for offshore wind and oil and gas – and it cannot be allowed to decline.

Offshore

Oil & Gas 360º

JULY 2, 2025

(World Oil) – Chevron Corp. 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. Waha Oil Co., Eni SpA and Exxon Mobil Corp. million bpd.

Exploration and Production

OilPrice

JULY 30, 2025

Mexico has issued $12 billion worth of new debt in a bid to provide support for its troubled oil and gas company, Pemex. The issue matures in 2030 and is denominated in dollars, Bloomberg reported, citing an unnamed source.

Instrumentation

Oil & Gas Journal

JULY 29, 2025

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.

Energy

Daily Energy Report

JULY 11, 2025

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 mb/d to 113.3

Energy

Oil & Gas 360º

JULY 31, 2025

oil, LNG and nuclear fuel and technologies. energy exports would realistically allow – and that the EU’s oil and gas demand is expected to decline, as the bloc shifts to clean energy to meet climate targets. deal will not undermine its climate targets, which include legally binding commitments to cut emissions by 2030 and 2050.

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. Strategic Asset Base and Production Outlook The combined company now holds a high-quality, light oil and condensate-weighted portfolio with 1.5

Gas

Offshore Energies UK

JUNE 19, 2025

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.

Consulting

McKinsey

JULY 17, 2025

These approaches typically dig deeper and through harder rock than where most oil and gas drilling occurs, so drilling for next-generation geothermal is currently more expensive than for traditional oil and gas. Applying best practices from the oil and gas sector will be instrumental to achieving these improvements.

IT

Enverus

JUNE 19, 2025

As geopolitical tensions escalate, energy professionals are closely monitoring the situation’s impact on oil prices, market dynamics and long-term industry outlook. Targeted Strikes Rattle Oil Markets Recent attacks on Iranian energy facilities caused a spike in oil prices, with Brent crude rising about $10 per barrel in the past month.

Energy

Oil Review Middle East

JULY 18, 2025

Global gas flaring at upstream oil and gas facilities has risen for a second year in a row, according to the World Bank’s annual Global Gas Flaring Tracker Flaring rose by 2% to 151 billion cubic meters (bcm) in 2024, the highest level in almost two decades. Consequently, the flaring intensity was more than three times the global average.

BCM

Iraq Business News: Oil & Gas

JUNE 8, 2025

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. Source: Ministry of Oil) The post Iraq Expands Gas Projects to Curb Flaring first appeared on Iraq Business News. By John Lee.

Gas

Oil & Gas 360º

JULY 28, 2025

(World Oil) – Mexico kicked off a debt offering to support beleaguered state-owned oil company Petroleos Mexicanos. The offering will consist of dollar-denominated debt maturing August 2030, according to a person familiar with the matter. Initial price talks are around 200 basis points over U.S.

Crude Oil

Permian Basin Oil and Gas Magazine

JULY 22, 2025

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. The post Xcel Energy to build 17 power projects in Texas, New Mexico for growing region appeared first on Permian Basin Oil and Gas Magazine.

Energy

Offshore Energies UK

JUNE 11, 2025

CCS is a key technology for the UK’s goal of removing 30 million tonnes of CO2 a year from the atmosphere by 2030 to decarbonise and help grow UK industry. Today’s announcement comes at a critical time for the offshore energy sector and the drive to reduce reliance on overseas oil and gas.

Offshore

Oil & Gas Magazine

JULY 10, 2025

Esta coinversión se enmarca en el acuerdo estratégico, por valor de 15 mil millones de euros, firmado por Iberdrola y Masdar durante la conferencia climática COP28 de la ONU en diciembre de 2023, para desarrollar conjuntamente proyectos de energía limpia en mercados clave como Alemania, el Reino Unido y los Estados Unidos con el compromiso de triplicar (..)

E&A

Rigzone

JULY 2, 2025

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

Oil

Rigzone

JULY 3, 2025

MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! As of the end of the first quarter of 2025, TotalEnergies had 28 GW gross installed renewables capacity, according to the company. To contact the author, email jov.onsat@rigzone.com WHAT DO YOU THINK? All comments are subject to editorial review.

Natural Gas

Offshore Energies UK

JULY 10, 2025

OEUK says the reforms announced – including the decision to commit to national pricing – bring stability that can help renew investor confidence and build a nationwide network secured by a diverse mix of domestic energy from oil, gas and offshore wind and emerging sources such as hydrogen.

Energy

Rigzone

JULY 24, 2025

TotalEnergies aims to increase the share of natural gas in its sales mix to nearly 50 percent by 2030. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! To contact the author, email jov.onsat@rigzone.com What do you think? There’s a reason 700K+ energy professionals have subscribed.

Natural Gas

Oil & Gas Magazine

JUNE 23, 2025

Estas soluciones permitirán a Airbus reducir el consumo de energía en un 20% y disminuir las emisiones de gases de efecto invernadero de alcance 1 y 2 en un 85% en sitios industriales seleccionados para 2030 , en comparación con los niveles de 2015. “Esta colaboración se basa en una larga relación de confianza con Airbus.

Transportation

Mees

JUNE 6, 2025

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.

Completion

Egypt Oil & Gas

JUNE 10, 2025

Aimed at supplying international markets, the project is expected to gradually scale up to export 30 million tons of LNG annually by 2030. The post Eni, YPF Ink Agreement for Large-scale Argentina LNG Project first appeared on Egypt Oil & Gas.

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

JUNE 24, 2025

Under the 2019 Climate Act, that is required to have 70% renewable electricity sources by 2030 and net-zero carbon emissions by 2040. The governor signaled last year that she and energy officials were considering nuclear reactors to be part of New York’s clean energy goals.

Supply Chain

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. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! 700K Industry Pros can’t be wrong.

Operator

Offshore Energies UK

JUNE 24, 2025

Our manufacturing base cannot thrive without long-term energy cost reform, backed by secure domestic supplies. That means accelerating the build out of our renewable energy alongside the responsible production of our domestic oil and gas. It’s not an either/or. It’s a both/and. In the early 2000’s the UK was a net exporter of energy.

Energy

Rigzone

AUGUST 4, 2025

Image by francescoch via iStock BP Plc said it made its biggest discovery in 25 years in deep waters off Brazil, a boon for the UK oil major as it seeks to turn around years of underperformance. BP’s 2030 production target - 2.3 million barrels of oil equivalent a day - remains unchanged. million to 2.5

Exploration and Production

Iraq Business News: Oil & Gas

JUNE 22, 2025

The Ministry of Oil plans to increase the production of liquefied petroleum gas (LPG) at the Basra Gas Company (BGC) to more than 8,000 tonnes per day in the coming years. These projects aim to eliminate gas flaring and thermal emissions between 2028 and 2030, in line with Iraq's commitment to the 2016 Paris Agreement. By John Lee.

Gas

Rextag

JULY 2, 2025

During the winter of 2024–2025, heating a home with oil cost roughly twice as much as with natural gas. During the winter of 2024–2025, heating a home with oil cost roughly twice as much as with natural gas. homes relying on heating oil are located in the Northeast—making affordable gas access an urgent issue. million U.S.

Natural Gas

OilPrice

AUGUST 4, 2025

Private Chinese oil companies are expanding their presence in Iraq, joining China's state majors in pouring billions into the development of hydrocarbons in the OPEC member.

Oil

Oil & Gas Journal

JULY 29, 2025

The Bass Strait project consists of conventional oil and gas fields in Gippsland basin off the south east coast of Victoria, Australia. 22, 2021 About the Author Email Alex Procyk Upstream Editor Alex Procyk is Upstream Editor at Oil & Gas Journal. Related General Interest ExxonMobil takes Bass Strait off the market Nov.

Exploration and Production

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. Depending on the production technology, feedstocks may include used cooking oils, as well as municipal, industrial, agricultural, and forestry waste. 700K Industry Pros can’t be wrong.

Sustainable

Oil Review Middle East

JULY 31, 2025

In just a few months, we’ll need to have secured the fresh talent pipeline that will play a large part in making 2030 possible. Fast forward to 2030, let’s imagine we’ve succeeded in creating a workforce with the right foundational skills. Here lies the industry’s next challenge – the readiness gap. Is the workforce ready?

Pipeline

Oil Review Middle East

JUNE 19, 2025

The Type 93AX addresses this challenge by preventing oil ingress from the compressor bearing chamber, thereby minimising risks and supporting continuous, reliable operation. In standard operation, it provides non-contacting operation for positive oil ingress mitigation.

Dry Gas

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

Oil Review Middle East

JULY 1, 2025

The development aligns with the International Maritime Organization’s (IMO) regulations which will require the use of low- and zero-carbon fuels from 2030 onwards.

Supply Chain