BlackRock is the largest investment firm in the world, currently with $11.6 trillion of investments under management. Larry Fink, the CEO of BlackRock, pushed the so-called ESG (environment, social, governance) agenda for years. What the left and people like Fink mean by ESG is don’t invest in or use fossil fuel energy (E), everything is…
Read More...Ovintiv is exiting Utah’s Uinta Basin in a $2 billion sale to FourPoint Resources, which will take over some of the play’s highest quality acreage. This post appeared first on Hart Energy.
Read More...Gordon Huddleston, president and partner of Aethon Energy, talks about well costs in the western Haynesville, prepping for LNG and AI power demand and the company’s readiness for an IPO— if the conditions are right. This post appeared first on Hart Energy.
Read More...Kinder Morgan said the 216-mile project will originate in Katy, Texas, and move gas volumes to the Gulf Coast’s LNG and industrial corridor beginning in 2027. This post appeared first on Hart Energy.
Read More...Aethon Energy’s western Haynesville gas wells produced nearly 34 Bcf in the first 11 months of 2024, according to the latest Texas Railroad Commission data. This post appeared first on Hart Energy.
Read More...SLB and Star Energy Geothermal will focus on technologies for subsurface characterization, drilling and production of geothermal assets. This post appeared first on Hart Energy.
Read More...MDN reported in October that Marcellus/Utica driller Infinity Natural Resources (INR) intended to file an initial public offering (IPO) with the Securities and Exchange Commission hoping to raise $100 million (see M-U Driller Infinity Natural Resources Files for $100 Million IPO). We further reported in December that INR added seven Big Banks to the existing…
Read More...Last August, MDN told you about several potential new pipeline projects under consideration to help feed new data centers and artificial intelligence (AI) operations, most of them located in the southeastern U.S. (see Big Midstream Companies Eye Data Center/AI Market for New Pipes). One of the projects we mentioned in passing was Kinder Morgan’s South…
Read More...Federal Energy Regulatory Commission (FERC) Commissioner Mark Christie, who first became a FERC commissioner when appointed by President Trump during his first term, was promoted to become the Chairman of FERC by Trump on Monday. Wow! We never saw that one coming. We didn’t even know Trump had FERC on his radar for the first…
Read More...A key issue has come about with the rapid increase in carbon capture and sequestration (CCS) projects around the country, including here in the Marcellus/Utica region. Where does one store (sequester) all that carbon dioxide (CO2)? The answer is underground in a Class VI injection well. Class VI wells are a relatively new classification for…
Read More...AI (artificial intelligence) and data centers are a big deal, as we’ve been actively discussing since last summer (see M-U Drillers Excited About Growing Demand from Nearby Data Centers), although we first discussed data centers all the way back in 2012 (see Data Centers May Relocate to Use Marcellus Shale Gas). As you will read…
Read More...President Donald Trump opened his term with a flurry of executive orders, many reversing the Biden administration’s policies on LNG permitting, the Paris Agreement and drilling in Alaska. This post appeared first on Hart Energy.
Read More...A Federal Trade Commission majority opinion in May barred former Pioneer Natural Resources CEO Scott Sheffield from serving in any capacity with Exxon Mobil Corp. following its acquisition of the Permian Basin E&P. This post appeared first on Hart Energy.
Read More...Port Freeport on Jan. 21 said it expects limited vessel activity while Port Houston said all of its public facilities will remain closed through Wednesday as winter storm Enzo sweeps through Texas. This post appeared first on Hart Energy.
Read More...President Trump’s executive order halts new offshore wind leasing and permitting activity effective Jan. 21. This post appeared first on Hart Energy.
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