Energy Transition

The Week in Energy – Sept. 26, 2025 

byEnverus
  • Sempra greenlights $14B Port Arthur LNG Phase 2 
    Sempra Infrastructure Partners has taken a final investment decision on Phase Two of its Port Arthur LNG project, adding two liquefaction trains and boosting capacity by 13 mtpa. Backed by long-term contracts with ConocoPhillips, EQT, and JERA, the expansion is expected to enter service in 2030 and 2031. 
  • BP’s Haynesville wells rank among top performers 
    BPX Energy’s latest Haynesville wells in Louisiana are delivering standout results, with initial production rates among the highest in the company’s portfolio. The top-performing well flowed over 65 MMcf/d, reinforcing BP’s growth strategy in the U.S. gas market. 
  • ExxonMobil approves seventh Guyana development 
    ExxonMobil and its partners have sanctioned the Hammerhead project on the Stabroek block offshore Guyana. The $6.8 billion development will add 150,000 bbl/d of capacity and push total block production toward 1.5 MMbbl/d by 2030. 
  • DACLab launches carbon capture tech with 50% energy savings 
    Direct air capture startup DACLab has unveiled its first commercial system, claiming a 50% reduction in energy costs compared to existing technologies. The modular system uses low-temperature chemistry and has already been tested on two pilot units. 
  • Barclays signs UK’s largest enhanced rock weathering deal 
    Barclays has partnered with climate-tech firm UNDO to deliver over 6,500 tonnes of carbon dioxide removal through enhanced rock weathering. The deal marks a major step in nature-based carbon removal and includes upfront financing to help scale operations. 

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