TGS to Evaluate Continental Shelf Offshore Wind Site
The Ramford Vanguard seismic vessel will be used to acquire data of shallow subsurface targets for wind farm development. This post appeared first on Hart Energy.
Read More...Bridger Photonics Announces New CEO to Support Company Growth
Bridger Photonics announced Ben Little as the company’s new CEO in support of the growth Bridger has experienced with the growing market adoption of its methane detection solutions. This post appeared first on Hart Energy.
Read More...What Judges Are Saying: Dismissals of Climate Litigation Over the Years
Throughout the nationally-coordinated climate litigation campaign, plaintiffs have been determined to use state courts to try and achieve national energy policy. Unfortunately – and a bit ironically – that strategy isn’t playing out well, with a suite of defeats on the merits adding up to a dismal future for climate litigation. On the heels of
Read More...Range & MarkWest File Legal Challenges to Cecil 2,500-Foot Setback
Last November, three of five supervisors in Cecil Township (Washington County), PA, voted to ban all new fracking via a new setback (distance from well to nearest structure) requirement of 2,500 feet (see Cecil Twp Supervisors Pull the Trigger on Frack Ban Via Setbacks). We said at the time, “Let the lawsuits begin.” Once again,…
Read More...PJM Grid Caves to PA Gov. Shapiro Bullying, Blackout Risk Rises
The PJM Interconnection electrical grid operator that covers Pennsylvania (along with all or parts of 12 other states and the District of Columbia) has caved to the political demands of PA Gov. Josh Shapiro to artificially cap the prices of the next capacity auction scheduled for July 2025. It means electric ratepayers won’t see as…
Read More...PA DEP Backs Off Draconian Methane Reg for Conventional Drillers
Both conventional and unconventional (shale) drillers in Pennsylvania were supposed to submit a new annual report to the state Department of Environmental Protection (DEP) on December 10, 2023, detailing volatile organic compound (VOC) and methane emissions from their operations over the previous one-year period. Shortly before that deadline, the DEP suspended the due date and…
Read More...PA State Senator Introducing Bill to Supercharge State Gas Industry
There’s a reason the Haynesville shale play in Louisiana and East Texas drills more wells than both the Marcellus and Utica shales combined. That reason? Lower taxes and less regulation. Particularly compared with Pennsylvania, where the taxes and “fees” are high and regulations are far too restrictive. Pennsylvania State Senator Doug Mastriano, who ran for…
Read More...Bucks County, PA Lawsuit Against Big Oil Profits Lawyers $25M+
In March 2024, we reported that two Democrats and one anti-drilling RINO who run Bucks County, PA government (a Philadelphia suburb) fell for the bait by Big Green and filed a lawsuit against Big Oil companies for supposedly, knowingly, causing the Earth to toast to a cinder (see Bucks County, PA, Sues Big Oil for…
Read More...Haslam Family Office: ‘We Need Hydrocarbons’
The managing director of HF Capital—the office for Tennessee’s Haslam family—says that as long as oil, gas and other energy sources are lacking capital, there’s an investment opportunity. This post appeared first on Hart Energy.
Read More...TotalEnergies, STMicroelectronics Ink 1.5 TWh Renewable Power Deal
As part of the 15-year contract, TotalEnergies will provide solar and wind power to New York-based STMicroelectronics. This post appeared first on Hart Energy.
Read More...API’s Multi-Pronged Approach to Lower Carbon Operations
API has published nearly 100 standards addressing environmental performance and emissions reduction, which are constantly reviewed to support low carbon operations without compromising U.S. energy security. This post appeared first on Hart Energy.
Read More...NatGas Prices, E&Ps Take a Hit from DeepSeeking Missile
E&Ps such as Expand Energy and EQT Corp. saw share prices drop on news of less power-intensive AI, but analysts predict the natural gas market will rebound as LNG exports and overall power demand continues to increase. This post appeared first on Hart Energy.
Read More...The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze
In the Haynesville, Delaware and Utica, Post Oak Energy Capital is supporting companies determined to make a profitable footprint. This post appeared first on Hart Energy.
Read More...Stonehenge & UGI JV Acquires 3 Appalachian Pipe Gathering Systems
Pine Run Gathering LLC, a joint venture owned by Stonehenge Energy and UGI, announced yesterday that it had completed a transaction to buy Superior Midstream Appalachian, LLC, for $120 million. Superior Appalachian owns and operates three gathering systems in Pennsylvania, namely Pittsburgh Mills (Allegheny & Butler counties), Snow Shoe (Centre County), and Brookfield (Tioga County)….
Read More...CNX Closes Deal to Buy Apex Energy for $505M, Adds SWPA Assets
In December, CNX Resources announced it had struck a deal to buy the assets of Apex Energy II, LLC, a portfolio company of funds managed by Carnelian Energy Capital Management, for $505 million (see CNX Resources Buys Apex Energy for $505M, Adds Pa. M-U Assets). Apex owns wells, acreage, and pipelines in Westmoreland County, PA….
Read More...