Energy Transition

DNV has published its annual Energy Industry Insights survey, with the report finding that political risk is seen as the leading barrier to energy sector growth for the year ahead, and the perceived momentum of the energy transition will slow.

Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. Woodside’s CEO Meg O’Neill said the agreement marks another milestone for the Louisiana LNG project.

The Republic of Congo's Minister of Hydrocarbons Bruno Jean-Richard Itoua will speak at African Energy Week (AEW) 2025. Congo is preparing to launch its 2025 licensing round – central to its strategy of increasing oil output from 274,000 to 500,000 bpd by 2027.

Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (MMtpa) Louisiana LNG development. Woodside is targeting first LNG in 2029.

Flotek has acquired power generation assets and related intellectual property from ProFrac GDM, a subsidiary of ProFrac, for $105 million. Flotek concurrently entered into an agreement for a six-year dry lease of the acquired assets with ProFrac GDM.

Woodside Energy Group Ltd. is in talks with the overseas unit of Kuwait Petroleum Corp. for selling a stake in its proposed liquefied natural gas export project in the U.S., according to people with knowledge of the matter.

Crbon Labs Inc. has completed the first plugging of an orphan gas well in Canada and is pleased to announce its collaboration with U.S. Venture, Inc. and its U.S. Energy® team who has acquired 100% of the corresponding High Fidelity Crbon™ credits from the project.

Eni has reached financial closure with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO2 transport and storage system (T&S) of the HyNet industrial Cluster.

HYCO1 and Malaysia LNG (MLNG) have signed a Memorandum of Understanding (MOU) to collaborate on the potential utilization and conversion of 1 Mmtpa of CO2. MLNG, a subsidiary of PETRONAS, is the CO2 supplier for the project.

Last Mile Production, LLC, an independent oil and gas operator in West Texas, has reported transformative results following the deployment of Enovate AI’s 3-Clicks Digital Strategy in collaboration with B4ECarbon™.

ExxonMobil has announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 Mmtpa of CO2 from Calpine’s Baytown Energy Center near Houston.

China’s LNG imports from the U.S. dropped to zero in March, marking a major shift in global energy trade amid rising tariffs and trade tensions. The 70% quarterly drop signals a broader realignment in LNG flows.

Block Energy plc, the production and development company focused on Georgia, has reached a significant milestone in Phase 2 of its CCS project, with the key process-specific subsurface uncertainties, ahead of the pilot test, having been resolved.

bp Plc started liquefied natural gas shipments from the Greater Tortue Ahmeyim project off Senegal and Mauritania, bolstering global supplies following a halt to Russian gas transit via Ukraine. The $4.8 billion project is expected to produce about 2.4 million tons of LNG a year.

Woodside has signed LNG sale and purchase agreements with Uniper for the supply of 1.0 million tonnes per annum (Mtpa) from Louisiana LNG and up to 1.0 Mtpa from its global portfolio, demonstrating ongoing strong demand for LNG globally.

In accordance with a halt work order issued by the U.S. government, Empire Offshore Wind LLC (Empire) will safely halt the offshore construction in waters of the outer continental shelf for the Empire Wind project.

The National Ocean Industries Association has issued a statement after Secretary of the Interior Doug Burgum halted construction activities of the Empire Wind offshore wind project and ordered a review of both existing and pending offshore wind permits.

Venture Global has commenced commercial operations for its inaugural LNG export project, Calcasieu Pass. The project reached this milestone in just 68 months from the final investment decision, making it one of the fastest greenfield LNG projects completed.

Sulzer has launched its Sulzer Energy Optimization Service, an energy efficiency and carbon reduction service that will create a new best practice standard for the operation of centrifugal pumps across their lifecycle for energy intensive industries such as power generation, oil and gas, chemicals and water desalination.

TotalEnergies has signed a Sales and Purchase Agreement (SPA) with NextDecade to buy 1.5 million tons per annum (Mtpa) of liquefied natural gas (LNG) from the future Train 4 liquefaction unit at the Rio Grande LNG facility.

As carbon capture and storage (CCS) projects ramp up worldwide, one of the biggest early-stage challenges remains: identifying viable storage sites with confidence, speed, and clarity. Most current solutions fall short—fragmented data, limited subsurface insight, and uncertainty in economic viability slow down the decision-making process, especially for industrial players who lack in-house geoscience expertise. In this webinar, we’ll explore a new, integrated approach that combines decades of global subsurface data with advanced analytics to deliver reliable, actionable insights for CO₂ storage screening. Tailored especially for depleted gas fields—known for their superior storage efficiency—this workflow fills a critical gap in the market by enabling faster, better-informed decisions on where to store CO₂ and whether it’s worth the investment. Join us as we unpack how this solution reduces time-to-development and brings together geological, geophysical, and economic factors into a single, streamlined view—built for those who need confidence from day one.