Japan

The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.

The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.

This paper presents a case study of oriented tubing-conveyed perforation followed by an acidizing operation to overcome technical challenges posed by a depleted reservoir targeted for a carbon capture, utilization, and storage project.

Despite a 2.8% drop in liquefied natural gas exports in 2025 because of lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, East Coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.

As cutting-edge technologies unlock geothermal potential, Japan is channeling investments into powerhouse projects across the US, Indonesia, and New Zealand and priming its own reserves for a clean energy boom at home.

JERA joins Tokyo Gas as a player in the Haynesville as Japan targets the US Gulf Coast as key to building global LNG supply chains.

Australia’s H2Perth blue and green hybrid hydrogen project is expected to benefit from carbon credits from the offshore Bonaparte carbon storage facility where Inpex and TotalEnergies are drilling appraisal wells together with Woodside.

Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.

Australia’s Ichthys LNG facility will provide feedstock, along with production from legacy Japanese gas fields that will also serve as repositories for CO2 storage.

Updates about global exploration and production activities and developments.