Private-equity-backed Infinity Natural Resources’ IPO pricing on Jan. 30 gives a first look into market valuation for Ohio’s new tight-oil Utica play. Public trading is to begin the morning of Jan. 31. This post appeared first on Hart Energy.
Read More...HNO International has agreed to supply hydrogen to a Texas-based company from its 1.25-megawatt hydrogen platform. This post appeared first on Hart Energy.
Read More...Baker Hughes Co. also signed a multiyear services agreement to support the first two phases of Venture Global’s Plaquemines LNG project in Louisiana. This post appeared first on Hart Energy.
Read More...Holders of EnLink units voted in favor of ONEOK’s $4.3 billion acquisition of the stock, ONEOK announced Jan. 30. This post appeared first on Hart Energy.
Read More...Last fall, MDN told you about a newly formed drilling company that aims to target the Ohio Utica Shale, a company called Tiburon Oil & Gas Partners, LLC (see Former Carrizo O&G Team Forms New Company to Drill in Ohio Utica). The company was founded by four former executives from Carrizo Oil & Gas, Inc….
Read More...Enverus Intelligence Research (EIR), a subsidiary of Enverus, issued a summary of the fourth quarter and full-year 2024 upstream M&A (mergers and acquisitions) activity yesterday. Two of the top five M&A deals include deals in the Marcellus/Utica. Coming in at #3 on the list was EQT’s sale of non-operated assets to Equinor for $1.25 billion…
Read More...Yesterday, we brought you the news that Pennsylvania Gov. Josh Shapiro had cut a deal (i.e., bullied) the PJM Interconnection electric grid into artificially capping electricity auctions, which will (in our opinion) eventually lead to blackouts (see PJM Grid Caves to PA Gov. Shapiro Bullying, Blackout Risk Rises). We argued that Shapiro himself is to…
Read More...Natural gas-fired electric power generation has increased in Pennsylvania since 2013 as the state has shifted toward natural gas as its main fuel source for electric power generation. In October 2024, natural gas-fired generation accounted for 57% of the electricity generated in Pennsylvania, more than twice the share in October 2013 (26%). This is thanks…
Read More...Lawfare by the environmental left in this country is a serious cancer eating away at our country. It must be stopped. The focus for much of the lawfare by climate nuts is the federal Environmental Protection Agency (EPA). Yesterday, the Senate approved former New York Congressman Lee Zeldin (from Long Island) to become the next…
Read More...The environmental left is now saying that calling out the scam known as carbon credits is causing companies to stop “investing” (i.e., blowing money) on said credits, and the situation is “devastating livelihoods and communities.” It is an “existential crisis” for the NGOs. Yes, it’s our fault that scholarships, new schools, and water projects are…
Read More...There has been a shift in the ongoing war to defeat fossil energy. Have you felt it? It’s a shift in the direction of those of us who support fossil energy. Yes, the election of Donald Trump, who ran on a platform of unapologetically supporting oil and gas (and coal), and his overwhelming victory is…
Read More...OTHER U.S. REGIONS: Venture Global given OK to introduce natgas at another LNG plant; NATIONAL: Trump EPA fires science advisers just like Biden did; WTI slips below $73 as Canada-Mexico tariff uncertainty grows; Trump’s transport secretary orders fuel-economy rule rewrite; Trump’s ‘drill, baby, drill’ agenda will likely take on an entirely new shape; How to…
Read More...Hess Corp. “continues to make the most of its independent status,” delivering earnings driven by higher crude production and lower operating costs, an analyst said. This post appeared first on Hart Energy.
Read More...Elk Range Royalties is purchasing the mineral and royalty interests of Newton Financial Corp., Concord Oil Co. and Mission Oil Co. This post appeared first on Hart Energy.
Read More...ONEOK and Enterprise Product Partners chose to continue their agreements to transfer and price crude oil with Houston-based Intercontinental Exchange. This post appeared first on Hart Energy.
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