projects – Oil & Gas 360

U.S. renewable, grid battery projects battle transformer shortage

November 15, 2023

Nasdaq U.S. developers building renewable energy projects and power storage for grids are scrambling to procure critical components, leading to rising costs and project delays. Supply chain problems have tightened supply of high-voltage transformers necessary to connect wind and solar farms and batteries to the grid, projects that are key to the energy transition. The long lead-time for delivery of

GlobalData: Nigeria to account for 24% of oil and gas projects starting up in Africa by 2026

May 9, 2022

World Oil More than 100 oil and gas projects should commence operations in Nigeria during the next four years, accounting for more than 24% of the predicted total projects starts during that time, predicts GlobalData, a data and analytics company. GlobalData’s report, ‘Africa Oil and Gas Projects Analytics and Forecast by Project Type, Sector, Countries, Development Stage, Capacity and Cost,

Japan to boost investment role in upstream LNG projects

April 15, 2022

Nasdaq TOKYO – Japan plans to step up its investment role in upstream projects for liquefied natural gas (LNG), to spur new development and boost fuel offtake by its companies, the industry minister said on Friday. Investment in new LNG development worldwide has dropped significantly as a global trend toward decarbonisation grows, although demand, especially in Asia, had risen, even

DAPL Moves Towards Completion, “Keep it in the Ground” Gets Crazier

Presidential Orders Aim to Ease Restrictions on Energy Infrastructure, Limit Sates’ Say on Energy Projects

April 12, 2019

From Casper Star-Tribune President Trump signed two executive orders Wednesday that attempt to ease restrictions on energy infrastructure development and curtail the ability of states to deny or delay energy projects. One order addresses a recurring political frustration in Wyoming with states like Washington, who have used their authority under federal law to impede developments on environmental grounds, to Wyoming’s potential economic

Tellurian Keeps Sailing

March 22, 2018

Tellurian Inc. (ticker: TELL) wrapped up its first year as a public company, ending 2017 with $128.3 million of cash and cash equivalents. The company remains debt free, but reported a net loss of $231.5 million, or $(1.23) per share as it ramps up permitting and preconstruction phases for its Driftwood LNG plant on the Louisiana Gulf coast. Driftwood is

No Stream Like Midstream

February 19, 2018

TransCanada, Enbridge and Spectra queue up pipeline projects across all of North America TransCanada adds Canadian capacity TransCanada Corporation (ticker: TRP) has a new $2.4 billion NGTL system expansion coming on-line within four years. The NGTL moves gas from the North Montney in British Columbia to and through Alberta to Saskatchewan and/or delivery access to the Canadian west coast for

Major BP Projects for 2018

January 24, 2018

Production from the full five-field West Nile Delta development, the Giza-Fayoum-Raven project, is expected to represent about 30% of Egypt’s current production BP p.l.c. (ticker: BP) will bring five major upstream projects online in 2018. The projects span the globe, with assets coming up in Europe, North Africa and North America. David O’Connor, BP’s head of global projects, gave a

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