ExxonMobil published its annual “The Global Outlook” yesterday, the company’s latest view of energy demand and supply through 2050. The document forms the basis for Exxon’s business planning and is “underpinned by a deep understanding of long-term market fundamentals.” Exxon is making short-term decisions based on this long-term document. And what does this document say?…
Read More...When it comes to drilling in U.S. onshore basins, no other operators are drilling more than Exxon Mobil and EOG Resources, according to Enverus data. This post appeared first on Hart Energy.
Read More...For the upcoming week, Stratas Advisors are expecting that oil prices will move upwards but that the price of Brent crude will not break through $82 without some additional geopolitical disruption. This post appeared first on Hart Energy.
Read More...Venture Global’s Plaquemines LNG export facility in Plaquemines Parish, Louisiana has received its initial cool-down cargo just three days after the FERC granted it a request to commission the introduction of nitrogen gas to the facility. This post appeared first on Hart Energy.
Read More...Engelhart Commodities Trading Partners’ acquisition marries its power, gas and oil trading business with Riverstone-backed Trailstone, which is largely focused on renewables power trading. This post appeared first on Hart Energy.
Read More...The rail workers’ union agreed to return to work but is threatening to appeal the court ruling forcing work to continue. This post appeared first on Hart Energy.
Read More...Offshore interest is growing, but the carbon capture and storage technology faces significant challenges. This post appeared first on Hart Energy.
Read More...Tyler County, WV Local media reports a fire at a Jay-Bee Oil & Gas well pad near Big Run in Tyler County, WV, which began last night around 5 p.m. and is still ongoing this morning. There were no injuries. Two different news agencies report that every fire department in the county, plus some from…
Read More...There is no excerpt because this is a protected post. The post Paret Mining Buys 10K Acres of Leases, 150 O&G Wells in Kentucky first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The Fairmont Brine Processing plant, located at 168 AFR Drive in Fairmont (Marion County), West Virginia, was constructed between 2009 and 2010 by AOP Clearwater LLC. The plant was acquired by Fairmont Brine Processing (FBP) in 2012. FBP began pre-treatment operations at the site in 2013 and fully operated the plant beginning fall of 2014….
Read More...A Ph.D. writing an article for the Forbes website touts efforts by the radicalized Environmental Defense Fund (EDF) in sniffing out methane by using both planes and (now) satellites. The Ph.D. opens his article with a factually incorrect statement: “MethaneSAT is a satellite designed to measure emissions of methane, the second most common greenhouse gas…
Read More...A lawsuit being heard this summer is designed to hold Big Green groups responsible for their actions. Energy Transfer (ET), the owner and operator of the Dakota Access Pipeline (DAP), is suing Greenpeace and other alleged instigators for $300 million for the damages sustained by the company as a result of violent protests incited by…
Read More...Oxy and Chevron are among companies trying to find the sweet spot between data analytics and machine learning with human intervention to optimize production and predict failures before they happen. This post appeared first on Hart Energy.
Read More...A second Trump administration might move the price needle on oil slightly, but OPEC would retain the upper hand in any outcome. This post appeared first on Hart Energy.
Read More...Trans Mountain appointed Mark Maki to CEO, succeeding Dawn Farrell who will now be chairman of the board. This post appeared first on Hart Energy.
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