Recently uncovered outside counsel agreements between New Jersey, Chicago, and plaintiffs’ law firms provide fresh details about the millions of dollars private firms stand to make if they prevail in their mission to “take down” American oil and gas companies. Remember, cities and states have gone to great lengths to hide these contracts from their
Read More...California Governor Gavin Newsom’s campaign to blame oil companies for alleged gas price gouging is falling flat with voters, according to a recent poll. The survey, conducted in June on behalf of a firm active in California’s carbon credit marketplace, shows Californians overwhelmingly blame the state’s gas tax and uniquely burdensome regulatory requirements for high
Read More...With President Biden upending the Presidential race by formally withdrawing and endorsing Vice President Kamala Harris, the future of energy policy could also see some significant changes under a future Harris administration. In many ways, Harris will be associated with many of the current president’s key initiatives, representing the White House as part of the
Read More...Exxon Mobil, which last year marked its 130th year in Malaysia, has been trying to sell its upstream assets in the country since 2020. This post appeared first on Hart Energy.
Read More...Dear MDN readers: Somehow hackers have found a way to repeatedly insert ads on the MDN site. We are working hard to get the “hole” fixed to prevent this. However, over the next few weeks you may see such ads from time to time. We’re playing “whack-a-mole” to remove the ads after they appear. Please…
Read More...ConocoPhillips didn’t show up until April 25, while two other unidentified public E&Ps were bidding for Marathon, according to a filing with the Securities & Exchange Commission. This post appeared first on Hart Energy.
Read More...The Gemini solar and storage project includes 1.8 million solar panels that can generate up to 690 megawatts, powering approximately 10% of Nevada’s peak power demand. This post appeared first on Hart Energy.
Read More...Here is a selection of dividends declared in the week of July 15 for upstream, midstream and service and supply companies. This post appeared first on Hart Energy.
Read More...Houston-based Gold H2 has made its technology available to select oil and gas companies for pilot demonstrations. This post appeared first on Hart Energy.
Read More...Continued investment in oil and natural gas is critical while carbon capture and removal technologies will play a key role in meeting decarbonization targets, according to oil and natural gas supermajor bp in its 2024 Energy Outlook. BP’s energy outlook assesses two scenarios: current trajectory and net zero. The current trajectory scenario is meant
Read More...It pains us to write these kinds of posts, but we can’t ignore the bad news that the futures price for natural gas (NYMEX Henry Hub, front-month) is once again crashing. It closed down just above $2.00 yesterday. Will the price actually sink below $2 once again? It’s possible. The question is, why? What is…
Read More...If at first you don’t succeed, try, try again. That appears to be the philosophy of a group of radicalized “environmental” groups attempting to pressure Pennsylvania Gov. Josh Shapiro to veto a new bill sitting on his desk, Senate Bill (SB) 831, the Carbon Capture & Sequestration (CCS) Act. Last week, a strong bipartisan majority…
Read More...Yesterday, Range Resources, the very first driller to sink a Marcellus shale well back in 2004, released its 2023-2024 Corporate Sustainability Report (CSR). Some companies call these CSR or sustainability reports, while others still use the now hugely unpopular ESG (Environmental, Social, and Governance) label. We’re glad to see Marcellus/Utica drillers moving away from using…
Read More...Kinder Morgan (KM), owner and operator of the mighty Tennessee Gas Pipeline along with many other pipeline systems, issued its second quarter update yesterday. It was clear from the materials and the comments made during the conference call that KM is high on natural gas. The company believes natgas has a rosy future, and KM…
Read More...On July 5, the U.K.’s Labour Party secured a landslide victory in the General Election, winning 412 seats out of 650, and marking a significant shift in the U.K.’s political landscape. Following the election, the U.K. oil and gas industry continues to voice concerns over Labour’s pledges to extend the windfall tax and end new
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