NOVA Completes Acquisition of Solar Group UGE International
When the deal was announced in May, NOVA Infrastructure agreed to acquire approximately 70% of UGE International’s common shares. This post appeared first on Hart Energy.
Read More...Wildcatter at Heart: Autry Stephens (1938-2024)
Legendary wildcatter Autry Stephens, founder and chairman of Midland Basin E&P Endeavor Energy Resources, stayed true to his “never sell” strategy. This post appeared first on Hart Energy.
Read More...Mexico’s Fast LNG Ships Out First Cargo—for Mexico
New Fortress Energy’s Fast LNG 1 project in Mexico will take an international route to a domestic destination. This post appeared first on Hart Energy.
Read More...Boulder Climate Case Faces Uncertainty Amid Summer of Setbacks for Litigation Campaign
Remember the Boulder climate lawsuit? It certainly doesn’t get much attention these days in the state, but a recent legal development could spell trouble for the case. The Colorado Supreme Court recently signaled it may intervene in the ongoing lawsuit, adding uncertainty to Rockefeller-financed climate nuisance litigation campaign that’s seen a series of recent setbacks
Read More...Energy Transition in Motion (Week of Aug. 16, 2024)
Here is a look at some of this week’s renewable energy news. This post appeared first on Hart Energy.
Read More...Subsea 7 Secures Sizable GoM Contract
Offshore activity on Subsea7’s project is expected to begin in 2026. This post appeared first on Hart Energy.
Read More...YPF, Petronas Target FID for Argentine LNG Facility in Late 2025
Argentina’s long-envisioned LNG export facility is closer to becoming a reality state-owned YPF SA and Malaysia’s Petronas will look to reach a final investment decision in the second half 2025 on development in Sierra Grande on the country’s Atlantic Coast. This post appeared first on Hart Energy.
Read More...Endeavor Energy Founder Autry Stephens Dies at 86
Stephens created a legacy in the Permian Basin that Endeavor said will continue to shape the future of the company. This post appeared first on Hart Energy.
Read More...US Drillers Cut Oil and Gas Rigs for Second Time in Three Weeks
The oil and gas rig count fell by two to 586 in the week to Aug. 16. This post appeared first on Hart Energy.
Read More...Diversified Energy Closes on 170,000-acre Deal in East Texas
Diversified will pay $106 million for the natural gas assets through the issuance of 2.24 million new shares and $71 million cash. This post appeared first on Hart Energy.
Read More...TC Energy Completes NatGas Transmission System Sale
TC Energy Corp. and its partner Northern New England Investment Co. have completed the sale of the Portland Natural Gas Transmission System for US$1.14 billion. This post appeared first on Hart Energy.
Read More...Gavin Newsom’s Gas Storage Requirement Would Mean Higher Gas Prices for Consumers
After failing to find any evidence of price gouging under a new law enacted last year, it appears California Governor Gavin Newsom has decided to pivot from price controls to new regulations for refiners. This week California Governor Gavin Newsom proposed a new law that would institute a minimum gas reserve requirement for refiners that
Read More...Dividends Declared in the Week of Aug. 12
As second-quarter earnings season wraps up, here is a roundup of select upstream, midstream and service and supply companies’ dividends declared in the week of Aug. 12. This post appeared first on Hart Energy.
Read More...26 New Shale Well Permits Issued for PA-OH-WV Aug 5 – 11
For the week of August 5 – 11, a total of 26 permits were issued to drill new shale wells in Marcellus/Utica, with the vast majority issued in Pennsylvania. The Keystone State had 21 new permits, with an eye-popping 19 going to EQT split between Greene and Washington counties (in the southwestern part of the…
Read More...New England Pipe Company PNGTS Now a BlackRock Puppet
The 295-mile Portland Natural Gas Transmission System (PNGTS) spans New England from the Canadian border to pipeline connections in New Hampshire, Maine, and Massachusetts. The system began operations in 1999 and is located between three major pipeline networks originating in Canada and the U.S. TC Energy owns 61.7% of PNGTS. The remaining 38.3 percent is…
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