Projects
Emerald Storage Holdings, the parent company of Enstor Gas and its subsidiary Mississippi Hub, has achieved a significant milestone in the expansion of its Mississippi Hub natural gas storage facility. The company has accepted the Federal Energy Regulatory Commission (FERC) certificate, clearing the way for a project that will more…
BW Energy greenlights US$107m Golfinho Boost project in Brazil
BW Energy has announced a final investment decision (FID) for the Golfinho Boost project in Brazil, earmarking US$107 million to enhance production capabilities at the Golfinho field, located in the Espírito Santo Basin. The initiative aims to elevate production efficiency and augment oil output by approximately 3,000 barrels per day…
Venture Global’s Calcasieu Pass LNG facility begins commercial operations
Venture Global recently announced the start of commercial operations at its inaugural liquefied natural gas (LNG) export project, Calcasieu Pass, and the commencement of long-term, low-cost US LNG sales to its contracted customers. Achieving this milestone just 68 months after the final investment decision, Calcasieu Pass stands among the fastest…
US revokes Trinidad-Venezuela gas licences, halting projects
The United States has revoked two key licences that had enabled the development of offshore natural gas projects between Trinidad and Tobago and Venezuela, a move that Trinidad’s Prime Minister Stuart Young described as a major setback for the region’s energy ambitions. The licences were essential for Trinidad, Latin America’s…
MariEnergies announces significant gas discovery in Sindh Province
MariEnergies has unveiled a significant natural gas discovery at its Mari Ghazij-1 exploratory well, located within the Mari Development & Production Lease (Mari D&PL) area. This marks a milestone as the first dedicated exploratory well targeting multiple limestone units within the Ghazij Formation. The Mari Ghazij-1 well, spudded on November…
Pilot Energy announces major gas resource upgrade and leadership appointment
Pilot Energy Limited (ASX: PGY) has unveiled a substantial upgrade to the Leander Gas Prospect within its offshore exploration permit WA-481-P, with the mean estimate of recoverable gas surging approximately 250 per cent to 1,116 billion cubic feet (Bcf) alongside 18 million barrels of condensate. The updated assessment follows a…
Northern Lights CCS project expands capacity in major Phase 2 investment
TotalEnergies, Equinor, and Shell have finalised a NOK 7.5 billion (~$1.152 billion) investment to boost the Northern Lights carbon capture and storage (CCS) project’s capacity from 1.5 million to over five million tonnes of CO₂ annually by late 2028. The expansion follows a landmark 15-year agreement with Swedish energy provider…
Tamboran and Arafura sign LOI for gas supply to Nolans project
Tamboran Resources Corporation (ASX:TBN) has entered into a non-binding Letter of Intent (LOI) with a subsidiary of Arafura Rare Earths Limited (ASX: ARU) to explore a potential gas supply agreement. This partnership aims to support Arafura’s Nolans Rare Earth Project in the Northern Territory, a venture of national strategic importance.…