LOBE NEWSWIRE) -- US power demand has remained essentially flat for the past decade, but this is all about to change as a pending surge in demand growth will be the biggest challenge for utility companies in decades, according to the latest Horizons report from Wood Mackenzie.
According to the report, “Gridlock: the demand dilemma facing the US power industry” US electricity demand growth will be between 4% and 15% through 2029, depending on the region, with burgeoning data-centre...
The release of new onshore areas to explore for new gas supply is a positive step to delivering energy security to Western Australia following forecasts of growing demand in coming years.
Emerging Queensland natural gas explorer AusGasCo has been awarded preferred tenderer status for two prospective gas blocks in the state’s world-class natural gas region.
The Australian Federal Government has opened public consultation on five potential areas for the 2021 Offshore Greenhouse Gas Storage Acreage Release program.
Oil and gas junior Leigh Creek Energy has been awarded two exploration blocks in South Australia.
The Adelaide-based explorer told share holders that it had successfully won PEL 675 and PEL 676 by the Department of Energy and Mining. Both licences were released in last year’s Cooper Basin Acreage Release.
Leigh Creek said it still has to secure Native Title agreements, before which planned work programs over the next five years could commence. These include 2D and...
The State Government of South Australia has announced the successful bids for five new Petroleum Exploration Licences (PELs) with a guaranteed work program valued at $58.85 million over the next five years.
The Department for Energy and Mining said the successful applicants for new PELs in the Cooper Basin are Leigh Creek Energy, Cordillo Energy, Gidgee Energy and Vintage Energy.
Minister for Energy and Mining, Dan van Holst Pellekaan said there were...
Chevron and Total have been awarded blocks offshore Brazil in the country’s 16th bidding round.
The US supermajor and its partners, Wintershall Dea and Repsol, picked up acreage in the Santos and Campos basins comprising blocks S-M-766 and C-M-845, which contain pre-salt targets and a work program intended to conduct 3D seismic acquisition and prospect maturation.
French Total and co-venturers Qatar Petroleum and Petronas won the C-M-541 deep offshore block in the Campos Basin,...
