There is no excerpt because this is a protected post. The post Convenient Timing: Biden-Harris Promise Pa. Another $152 Million first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...OTHER U.S. REGIONS: Largest USA facility to pull carbon from air opens; NATIONAL: Harold Hamm says this election is oil industry’s most important ever; INTERNATIONAL: Oil falls amid surplus fears as US stockpiles rise; China’s natgas consumption, production, imports increased in 2023; French imports of Russia’s LNG surge; Amid flagging US activity, OFS looks to…
Read More...Ecopetrol said its decision to not move forward with a $3.6 billion deal to acquire Oxy’s CrownRock LP assets was mainly due to the impact on its leverage, but also political shifts under Colombian President Gustavo Petro. This post appeared first on Hart Energy.
Read More...Oil and natural gas producers continue to make emissions reduction advancements, including reducing flare intensity despite record production, according to the Environmental Partnership’s latest annual report. The Environmental Partnership (TEP) is a voluntary coalition representing nearly 70 percent of U.S. onshore oil and natural gas production in 47 out of 50 states, with the mission
Read More...NextDecade Chairman and CEO Matt Schatzman said an Aug. 6 ruling by the U.S. Court of Appeals for the D.C. Circuit to vacate its FERC permit has “far-reaching implications” that could undercut capital investment in LNG projects. This post appeared first on Hart Energy.
Read More...The offshore wind lease sale for two areas in the Central Atlantic brought in nearly $93 million, according to the U.S. Bureau of Ocean Energy Management. This post appeared first on Hart Energy.
Read More...The midstream sector has been able to take advantage as capex spending slows and cash flows increase. This post appeared first on Hart Energy.
Read More...The post Petroleum and You: Election Day appeared first on . This post appeared first on Energy In Depth.
Read More...The post Petroleum and You: Political Campaign appeared first on . This post appeared first on Energy In Depth.
Read More...The post Petroleum and You: Back to School appeared first on . This post appeared first on Energy In Depth.
Read More...In late 2015, MPLX (i.e., Marathon Petroleum) bought out and merged in the Utica Shale’s premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The “new” MarkWest, aka MPLX, plays on a much larger stage now, including ownership and operation of major assets in the Permian Basin and…
Read More...We first told you about a frac sand company called Smart Sand some 12 years ago (see Smart Sand Lands Big Name for Board of Directors). Smart Sand, headquartered in Yardley, PA, is a supplier of industrial sand, primarily serving customers in the oil and gas industry, including drillers in the Marcellus and Utica Shale…
Read More...LS Power, headquartered in New York City, has developed or acquired 47,000 megawatts (MW) of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. We’ve previously mentioned LS Power in a number of MDN articles (see our LS articles here). In April, Bloomberg reported that LS was actively shopping a…
Read More...In December 2022, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire NET Power — an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys…
Read More...On May 31, Constellation Energy shut down and permanently retired the natural gas-fired Mystic Generating Station it owned and operated in Charlestown, Massachusetts, on the north side of Boston (see Boston Mystic Gas-Fired Power Shuttered, but LNG Imports Continue). Mystic was one of the oldest U.S. electric power plants still in operation. The plant was…
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