OilPrice

MARCH 12, 2025

Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) revealed on Wednesday. mb/d currently to 2 mb/d in 2028. mb/d currently to 2 mb/d in 2028. However, ramping output to that level will require considerable capital outlays: Abdulsadek

Field 321

Field Shutdown Barrel Oil 321

Energy Central

MARCH 18, 2024

The levy, which has already driven away investment and reduced production in the North Sea, was previously set to end in 2028. Last Wednesday, UK Chancellor of the Exchequer Jeremy Hunt announced that the windfall tax on UK oil and gas firms will remain in place for another five years, until March 2029.

Oil 40

Oil Gas Government Energy 40

Energy Central

APRIL 7, 2022

Canada's Bay-du-Nord offshore oil project has received federal government approval. It is scheduled to go onstream by 2028, two years before the country’s 2030 deadline to reduce emissions from the sector by 31% from 2005 levels. One could claim the government is suffering from cognitive dissonance in this decision.

Offshore 52

Offshore Oil Government IT 52

Oil Review Middle East

MARCH 10, 2025

Between 2030 and 2040 Shell is looking at a potential next phase at LNG Canada, as well as a fourth train in Oman with the government and partners, on the back of new gas discoveries. The company is also a partner in the Ruwais LNG project in the UAE. The importance of LNG as a transition fuel was a key theme at IE Week.

Gas 63

Gas Natural Gas Transportation Supply Chain 63

Rextag

FEBRUARY 24, 2025

The first projects are expected to be operational by 2028. government has resumed large-scale lease sales for oil and gas drilling on federal lands and offshore areas. Projected Timeline: Initial plants are expected to be operational by 2028. These changes are expected to support U.S.

Basin 40

Basin Oil Gas Exploration and Production 40