Berry Announces Jeff Magids as New CFO
Jeff Magids was appointed as Berry Corp.’s new CFO on Jan. 21 in replacement of Mike Helm, effective immediately. This post appeared first on Hart Energy.
Read More...Trump EO Declares National Energy Emergency – “Drill, Baby, Drill!”
Our heads are officially blown! Did you catch any of yesterday’s inauguration? WOW!!! We have NEVER been more proud to be an American than we were yesterday. President Trump hit the ground running so fast the left’s heads were spinning around like Regan’s head in The Exorcist. The left doesn’t know what hit them. Everything…
Read More...Dept. of Energy Reverses Biden LNG Pause, Extends Comment Period
One year ago, the sleazy Joe Biden slapped a “pause” on allowing the Department of Energy (DOE) to review and issue export approvals for any new LNG export facilities (see White House Makes it Official – Biden Declares War on LNG Exports). The move profoundly and negatively affected our domestic natural gas industry, putting some…
Read More...WV Shale Permits Way Down in 2024 – GO-WV Comments
According to an article in the Dominion Post, horizontal gas well permits in West Virginia dipped to “an all-time low” in 2023 and 2024. The Dominion Post talked with the Gas & Oil Association of West Virginia (GO-WV) about the numbers, the trends, and what might be ahead for the industry. Has shale drilling already…
Read More...National Rig Count Whacked, Down 9 in Two Weeks; M-U Count Steady
After losing five rigs two weeks ago, the Baker Hughes national rig count lost another four last week. The number of rigs nationally now stands at 580, the lowest since Dec. 2021 (over three years ago). The Marcellus/Utica rig count was a combined 34 last week—the same number for five weeks in a row. PA…
Read More...Gas Drillers Had Best Shareholder Returns in 2024; Investor Love
The experts at RBN Energy recently analyzed the Q3 2024 financial results for the gas-focused producers the company tracks (mainly Marcellus/Utica producers). The gas-weighted E&Ps RBN follows had the best total shareholder return performance of the three peer groups they tracked through the first nine months of 2024, with a median gain of 14%. On…
Read More...Report: Trump to Declare ‘National Energy Emergency’
President-elect Donald Trump will also sign an executive order focused on Alaska, an incoming White House official said. This post appeared first on Hart Energy.
Read More...SLB’s Big Boost from Digital Offsets Flat Trends in Oil, E&P
SLB’s digital revenue grew 20% in 2024 as customers continue to adopt the company’s digital products, artificial intelligence and cloud computing. This post appeared first on Hart Energy.
Read More...US to Withdraw from Paris Climate Agreement, White House Says
The announcement, in a document from the White House, reflects President Trump’s skepticism about global warming, which he has called a hoax. This post appeared first on Hart Energy.
Read More...MDN Off for MLK Day & Inauguration – Jan 20, 2025
Since it is a stock exchange holiday, and to honor the memory of Dr. Martin Luther King, Jr., and because it is the second inauguration of Donald J. Trump, MDN is taking today off, Monday, Jan. 20. It’s going to be a busy day with over 200 Executive Orders, many of them related to energy….
Read More...Major Interest: Chevron, Shell Join Vaca Muerta Crude Pipe Project
Oil producers are pumping record levels from Argentina’s Vaca Muerta shale. Chevron and Shell have backed a new crude pipeline project that aims to boost takeaway capacity—and exports—of Vaca Muerta oil. This post appeared first on Hart Energy.
Read More...Report: Leak Detection and Repair Work Growing Globally
Natural gas trends are boosting the companies that monitor and repair leaks, a consulting firm said in a report. This post appeared first on Hart Energy.
Read More...Oklo Signs MOU with RPower for Phased Power to Data Centers
Oklo and power generation company RPower will work together to provide a phased natural gas-to-emissions free approach to power data centers This post appeared first on Hart Energy.
Read More...Colonial’s Line 1 Gasoline Service Restored, Company Says
Colonial Pipeline Co. stopped flows on the gasoline transport line following reports of a leak in Georgia. This post appeared first on Hart Energy.
Read More...SLB’s Big Boost from Digital, Offsetting Flat Trends in Oil, E&P
SLB’s digital revenue grew 20% in 2024 as customers continue to adopt the company’s digital products, artificial intelligence and cloud computing. This post appeared first on Hart Energy.
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