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Exxon bets big on natural gas in its eighth Guyana oil project

Oil & Gas 360ยบ

Exxon plans a final investment decision for Longtail in 2026 and could start up the project by 2029. (Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S.

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Delfin LNG Gets Deadline Extension for Export Start

Rigzone

The under-construction project now has until June 1, 2029, to dispatch its first non-FTA cargo of LNG.

IT 62
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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

this year, actively pursuing international partnerships following a revision of its Hydrocarbons Law in 2029. In Namibia, NAMCOR is working with IOCs toward first oil production from the Orange Basin by 2029. Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130
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US and Canadian Nuclear Utilities Partner on SMRs

Energy Central

US and Canadian Nuclear Utilities TVA & OPG Partner on SMRs Kairos Power Forms Advanced Nuclear Development Consortium Rolls-Royce Sets 2029 for FOAK of its 470 MWe PWR in Revenue Service Mitsubishi Heavy Industries (MHI) Plans 1 MWt Transportable Reactor DOE Seeks Applications, Bids for $6 Billion Civil Nuclear Credit Program US Think-Tank Calls (..)

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Iraq Agrees to 80% Debt Reduction for Mozambique

Iraq Business News: Oil & Gas

Iraq has agreed to forgive 80% of Mozambique's bilateral debt, with the remaining 20% restructured over 15 years, following a four-year grace period (2029-2043). By John Lee. The original debt of $60.26 million was incurred in 1979-1980 for oil supply agreements but had grown in the meantime to $320.16 Under the agreement, $256.13

Finance 52
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Profits or Planet? BPโ€™s โ€˜New Beginningโ€™: The Shift from Low Carbon to Core Oil and Gas and Q4 2024 Results

Rextag

New CEO, New Beginning: Is Auchincloss Bold Enough to Take BP to the Top? BP has unveiled plans for what its Chief Executive, Murray Auchincloss, calls a fundamental reset of the companys strategy. He prioritizes core oil and gas projects to unlock stronger cash flow and satisfy shareholders. billion Analyst Consensus : $1.26

Oil 40
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How Energy Flexibility Benefits Utilities and Their Customers

True Energy

However, full integration may take years, with some utilities not expecting compliance until 2029. An increased focus on energy flexibility could provide a large part of the answer to the challenges and similar energy risks. For utilities, this approach strengthens grid reliability, cuts costs, and supports emissions reduction goals.