Just about one month ago, Reuters reported that sources “familiar with the matter” whispered to its reporters that private equity firm Blackstone is “in advanced talks” to acquire minority stakes in the interstate natural gas pipelines now owned by EQT Corp. (following its purchase of Equitrans Midstream) for a whopping $3.5 billion (see Blackstone Seeks…
Read More...On May 30, 2023, a fire and subsequent explosion damaged an above-ground storage tank and the upper process building at the already-closed Fairmont Brine Processing plant in Fairmont, WV (see Unrelated Explosions at OH Utica Well Pad, WV Brine Plant). Following the fire, elevated readings of TENORM radiation were found in several areas of the…
Read More...The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. The Pennsylvania Bulletin from this past Saturday (Nov. 23) carried an official notice from the…
Read More...Toby Rice PublicSource, an independent non-profit news organization based in Pittsburgh, published what can only be described as a “puff piece” on EQT Corporation CEO Toby Rice. The article covers Rice’s recent interactions with candidate Donald Trump in Mar-a-Lago (in April), his recent appearance at a climate event in New York City (where he was…
Read More...Despite concerns many might have, AI looks to be the next great tool for the energy industry, experts say. This post appeared first on Hart Energy.
Read More...Freeport LNG’s report says one of three liquefication trains went offline due to an oil lube pump issue on Nov. 20. This post appeared first on Hart Energy.
Read More...Consulting firm McKinsey & Co. says a cooperative effort of upstream oil and gas companies could reduce the world’s emissions by 4% by 2030. This post appeared first on Hart Energy.
Read More...After closing a $17.1 billion acquisition of Marathon Oil, ConocoPhillips’ Delaware Basin leader sees opportunities to drill longer laterals and investigate secondary benches underground. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news, including the ranking of top corporate solar users in the U.S. This post appeared first on Hart Energy.
Read More...Here is a compilation of dividends declared in the week of Nov. 18 from select upstream and service and supply companies for fourth-quarter 2024. This post appeared first on Hart Energy.
Read More...LandBridge said it announced or closed acquisitions totaling 53,080 acres in fourth-quarter 2024. This post appeared first on Hart Energy.
Read More...In a recent interview with E&E News, Dr. Robert Howarth – the controversial “Keep It In the Ground” researcher whose study the Biden administration used to justify its LNG export pause – again promoted claims about natural gas, energy prices, and LNG that were anything but accurate. Here’s a few things to keep in mind:
Read More...For the week of Nov 11 – 17, permits issued in the Marcellus/Utica were strong, with 30 new permits issued, down just slightly from the 34 issued the prior week (but way up from the piddly numbers issued in prior weeks). The Keystone State (PA) issued 16 new permits, with seven going to Range Resources,…
Read More...Yesterday, the Biden Environmental Protection Agency (EPA) and Biden Department of Justice (DOJ) announced settlements with two Pennsylvania shale drillers claiming violations of the federal Clean Air Act and the Pennsylvania Air Pollution Control Act. The Bidenistas alleged that XTO Energy and Hilcorp Energy violated emissions limits at oil and gas production facilities in Butler…
Read More...We spotted a press release that fascinates us but will take some explaining. Yesterday, Hanwha Power Systems Co. (headquartered in South Korea) announced that it had signed a Memorandum of Understanding (MOU) with pipeline giant TC Energy to develop a sCO2 WHR (super-critical carbon dioxide waste heat recovery) project which will use the heat stream…
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