The Port of Corpus Christi, the U.S.’ largest energy export gateway, moved a record 53 million tons in the third-quarter 2024, driven by increases in crude oil and dry bulk movements. This post appeared first on Hart Energy.
Phillips 66 denied allegations it engaged in information theft and is weighing its legal options. A California jury reached its decision the same day Phillips 66 announced the closure of a Los Angeles-area refinery. This post appeared first on Hart Energy.
Liberty Energy capitalized on its “competitive edge” when navigating a challenging demand environment in third-quarter 2024, CEO Chris Wright said in the company’s quarterly earnings call. This post appeared first on Hart Energy.
Private E&P Hilcorp Energy will pay a $9.4 million civil penalty stemming from natural gas fracking operations in New Mexico’s San Juan Basin. This post appeared first on Hart Energy.
Here is a look at some of this week’s renewable energy news, including approval of a 2-gigawatt geothermal project in Utah. This post appeared first on Hart Energy.
Oil and Gas Investor assembled a group of seven oil and gas executives, policy advocates and other experts to talk about what’s really at stake in the November election and the many challenges facing the energy sector, regardless of who wins. This post appeared first on Hart Energy.
The oil and gas rig count fell by one to 585 in the week to Oct. 18. Baker Hughes said that puts the total rig count down 39 rigs, or 6% below this time last year. This post appeared first on Hart Energy.
Texas Capital has had to navigate trends impacting the financial markets, such as an emphasis on ESG and less-than-favorable equity markets, said Daniel Hoverman, Texas Capital’s head of corporate and investment banking, at ECC. This post appeared first on Hart Energy.
Ten permits were issued to drill new shale wells in Marcellus/Utica for the week of Oct. 7 – 13, half the number issued the prior week (see 20 New Shale Well Permits Issued for PA-OH-WV Sep 30 – Oct 6). The Keystone State (PA) had just six new permits, with three going to Range Resources…
Feedgas flowing from the Marcellus/Utica to the Cove Point LNG export facility located on the shore of Maryland fell to zero on Friday, Sept. 20, as the facility began its planned annual maintenance outage (see Flows Drop to Zero @ Cove Point LNG, Closed for Annual Maintenance). Most years, maintenance at Cove Point takes around…
There is no excerpt because this is a protected post. The post Virginia About to Tackle Who Pays for New Power for Data Centers first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
The environmental left continues to try and co-opt the term “Evangelical Christian,” defined as protestants who tend to be pro-life and conservative in their political views. We’re talking about the so-called Evangelical Environmental Network (EEN) and its political lobbying arm, EEN Action. The group continues to pressure Pennsylvania’s political leaders to adopt unreliable renewable energy…
Shale energy has been an astonishing miracle, made possible exclusively due to the ingenuity and tenacity of America (specifically one American, George Mitchell). The shale miracle resulted in, get this, North America adding 15 million barrels a day (bpd) of liquid hydrocarbon and 50 billion cubic feet a day (Bcf/d) of gas production to the…
Flex Artemis Flex LNG, headquartered in Hamilton, Bermuda, owns 13 LNG cargo carriers, including the Flex Artemis (pictured at the left). The company published its latest presentation (PowerPoint slide deck) two days ago to coincide with CFO Knut Traaholt’s upcoming meetings with investors in the U.S. and Canada as part of a “non-deal roadshow.” Flex’s…
OTHER U.S. REGIONS: Phillips 66 to shut down LA refinery as Newsom doubles down; Cheniere Energy moves closer to starting new Texas LNG export operation; NATIONAL: American Forest Foundation gets in on carbon credit scam; Tech titans’ quiet exodus from the grid; INTERNATIONAL: Oil steadies, but on track for biggest weekly loss in over a…