OPEC made its first cut in its 2024 forecast since July 2023, and comes after mounting signs that demand in China has lagged expectations due to slumping diesel consumption. This post appeared first on Hart Energy.
Read More...Oilfield service company Enservco also announced its acquisition of Buckshot Trucking is expected to close soon. This post appeared first on Hart Energy.
Read More...Algonquin’s transaction with LS Power is expected to close in fourth-quarter 2024 or first-quarter 2025, the company says. This post appeared first on Hart Energy.
Read More...Occidental Petroleum’s direct air capture commercial-scale facility in Texas is designed to capture up to 500,000 metric tons of CO2 annually. This post appeared first on Hart Energy.
Read More...What had been a regular stream of talk about providing power to data centers and artificial intelligence (AI) has become a torrent. There is a clear connection between data centers and the natural gas industry. This most recent round of quarterly financial updates by the biggest of the big pipeline companies (all of which have…
Read More...The mighty Shell ethane cracker plant in Monaca (Beaver County), PA, has a new person in charge: Emma Lewis, senior vice president of U.S. chemicals and products at Shell. We told you Lewis had replaced Hilary Mercer back in January (see Shell PA Cracker’s First Birthday – One Unit Still Not Online). Lewis splits her…
Read More...A Washington County, PA, man and his anti-fossil fuel lawyer have won the right to force Chevron executives to testify in court in a case where the man accuses Chevron of using PFAS (“forever chemicals”) in fracking fluids in 2011-2012 near his home. He alleges the chemicals spread to his water well and damaged his…
Read More...In July, MDN told you about a disappointing (but not surprising) decision from the Democrat leftists on the Pennsylvania Supreme Court (see PA Supreme Court Allows Big Green $$ in RGGI Carbon Tax Lawsuit). The so-called Supremes ruled in favor of allowing three well-financed Big Green groups, including the Sierra Club, PennFuture, and Clean Air…
Read More...The vast majority (up to 99%) of Pennsylvania’s abandoned conventional wells are “orphans,” or wells without an identifiable, documented owner whom the state can hold liable for cleanup. Orphan wells date back to the Civil War in some cases. Even with “newer” wells, the problem has been poor recordkeeping by the PA Dept. of Environmental…
Read More...The U.S. has extended the general license for Petroleos de Venezuela’s 2020 8.5% bond. This post appeared first on Hart Energy.
Read More...Cheniere Energy., which boasts 45 mtpa of LNG production capacity, is on schedule for first LNG production from its Corpus Christi LNG Stage 3 project by year-end 2024, the company’s CEO Jack Fusco said during a quarterly earnings webcast. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news. This post appeared first on Hart Energy.
Read More...Summit Midstream spent the second quarter reorganizing and raising cash for the future, the company’s CEO said. This post appeared first on Hart Energy.
Read More...Here are second-quarter dividends declared from select upstream and midstream companies from the week of Aug. 5. This post appeared first on Hart Energy.
Read More...Enverus’ minerals expert Phil Dunning pulls back the curtain on generational changes and seismic shifts in the U.S. minerals market that make it challenging to for aggregators to achieve scale. This post appeared first on Hart Energy.
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