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NextEra Looks at Permian to Double its $20 Billion Texas Investment

OilPrice

Renewable energy developer, NextEra Energy (NYSE:NEE) is considering doubling its $20B investment in Texas, with the renewable energy company currently exploring land in the Permian Basin for development, Michele Wheeler, VP of regulatory and political affairs, revealed at the CERAWeek energy conference in Houston.

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Saudi Arabia Eyes ‘Competitive Advantage’ From Gas Output Growth

Mees

First gas from Saudi Arabias giant Jafurah Basin unconventional project is expected in Q3. The highly symbolic development will help boost Saudi gas output to record highs and is central to Aramco achieving its ambitious 2030 gas growth target.

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Permian Basin Gas Production Pushes Limits – Infrastructure Expansion Needed

Rextag

The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. By 2030, AI-related demand alone could require an additional 3.9 Energy Information Administration (EIA).

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Qatar could account for 20% of global supply after 2030, Rystad predicts, with continuing incremental expansion, its low breakeven and existing infrastructure ensuring dominance in the LNG market. ADNOC's LNG capacity is set to expand significantly with the Ruwais LNG project (9.6

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Valor | Energy Connection – Feb. 24, 2025

Valor

Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2 Meanwhile, global supply concerns persist as the U.S. GW capacity.

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Nigeria Oil Industry Overview

Drillers

The proposals got approved as amendments to the 1993 Deep Offshore and Inland Basin Production Sharing Contractin October. on frontier and inland basin projects. billion in oil revenues by 2030 as a result of these changes, the OPTS says. One of these measures targets offshore projects specifically.

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BP Expands U.S. Natural Gas Production Amid Rising Prices and LNG Growth

Oil Gas Leads

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. Haynesville Basin: The Right Time to Ramp Up The Haynesville Basin, located in eastern Texas and northwestern Louisiana, has long been a critical natural gas-producing region. million boepd by 2030. million and 2.5