Rumblings that the petrodollar is dead are likely overstated, but the demise of the long-time practice would have far-reaching implications for the U.S. This post appeared first on Hart Energy.
Read More...Genesis Energy’s is awaiting a floating production vessel to connect its SYNC pipeline in the Gulf of Mexico to the delayed Shenandoah deepwater project. This post appeared first on Hart Energy.
Read More...EOG Resources added to its South Texas infrastructure in the first half of 2024 with the acquisition of midstream assets that increases the company’s market access at Agua Dulce hub. This post appeared first on Hart Energy.
Read More...Here is a selection of dividends declared for the week of Aug. 2 for a selection of upstream, midstream and service & supply companies. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news, including an update on one of the largest offshore wind projects being developed in the U.S. This post appeared first on Hart Energy.
Read More...After closing a $63 billion acquisition of Pioneer Natural Resources, Exxon is the largest producer in the Permian Basin—and the entire U.S. This post appeared first on Hart Energy.
Read More...Enterprise Products Partners expects to use the net proceeds of the offering for capital investments and debt repayment, including repayment of its $1.15 billion principal 3.75% senior notes due 2025. This post appeared first on Hart Energy.
Read More...For the week of July 22 – 28, a total of nine permits were issued to drill new shale wells in Marcellus/Utica. Pennsylvania had the fewest with just two new permits, one each for Seneca Resources and Rice Drilling (i.e., EQT). Ohio had the most with four new permits, all of them for EOG Resources…
Read More...On July 12, Williams asked the Federal Energy Regulatory Commission (FERC) for permission to bring the final pieces of the Regional Energy Access Expansion (REAE) project online by the end of July (see Williams Asks FERC to Place Balance of Transco REAE Online Early). Then, on July 30, three extremely liberal judges from the U.S….
Read More...An important milestone was reached on Wednesday regarding the Appalachian Regional Clean Hydrogen Hub (ARCH2). You may recall that ARCH2 was one of seven projects to win the Bidenista Hunger Games competition to receive a chunk of $7 billion to build a regional hydrogen hub (see Hydrogen Hub Winners Announced – WV Takes Prize in…
Read More...On Friday, June 14, the 303-mile Mountain Valley Pipeline (MVP) that runs from Wetzel County, WV, to Pittsylvania County, VA, announced the pipeline had, after a decade of planning and building, finally begun to flow Marcellus/Utica molecules (see Confirmed: M-U Gas Now Flowing Through Mountain Valley Pipeline). The effect of the molecules flowing through MVP…
Read More...We’ve written a number of times about the Ohio Utica Shale and its beginnings with gas legend Aubrey McClendon, who, as CEO of Chesapeake Energy, was one of (if not THE) first to recognize the Utica as an oil play. However, it was a successor company, Encino Energy, that figured out how to coax large…
Read More...One thing we admire about the left is that they never give up. Yes, they cheat. Yes, they lie. Yes, they use foreign money. But the environmental left never, ever, gives up. An example: The Chesapeake Bay Foundation (CBF) has filed an amicus (“friend of the court”) brief asking the Pennsylvania Supreme Court to reverse…
Read More...Some exciting news to share related to the Marcellus/Utica. Shipping company Crowley announced it had accepted delivery of the LNG bunker barge Progress, the largest U.S. Jones Act-compliant vessel of its kind, after construction was completed at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin. The Progress will expand access to cleaner energy for ship operators…
Read More...MARCELLUS/UTICA REGION: Cenovus Energy shuts down unit at Ohio refinery; Teachers provided with lessons and materials on the natgas and oil industry; OTHER U.S. REGIONS: Chevron, Hess merger delayed further as arbitration hearing set for 2025; NATIONAL: Dems are ‘starting to recognize’ green energy push ‘all a fallacy’; Major CCS pipelines inch closer to reality;…
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