Venture Global LNG Files Paperwork for IPO
Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production. This post appeared first on Hart Energy.
Read More...Energy Transition in Motion (Week of Dec. 20, 2024)
Here is a look at some of this week’s renewable energy news, including billions of dollars in loan awards from the U.S. Department of Energy. This post appeared first on Hart Energy.
Read More...Reuters: Northern Oil and Gas in Bid to Acquire Smaller Rival Granite Ridge, Sources Say
Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, according to people familiar with the matter. This post appeared first on Hart Energy.
Read More...STEP Energy Services Drops Go-Private Deal as Shareholders Balk
STEP Energy Services has terminated its agreement with ARC Energy Fund 8 to go private in an all-cash transaction for CA$5 per share. This post appeared first on Hart Energy.
Read More...Enbridge Deals with Clean-Up of Wisconsin Pipeline Oil Spill
Enbridge estimates 1,650 bbl have leaked from its Line 6 before repair, an incident that has given fodder to opponents of another Enbridge project. This post appeared first on Hart Energy.
Read More...Baker Hughes: US Drillers Keep Oil, NatGas Rigs Unchanged for Second Week
U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for the second week in a row. This post appeared first on Hart Energy.
Read More...Allete Gets OK From FERC for $6.2B Sale to Canada Pension Plan, GIP
Allete Inc. announced its acquisition by the Canada Pension Plan Investment Board and Global Infrastructure Partners in May. This post appeared first on Hart Energy.
Read More...LandBridge Closes Deal for 46,000 Surface Acres in Delaware Basin
LandBridge Co., which held a successful IPO in August, added about 53,000 acres and now holds about 273,000 acres. This post appeared first on Hart Energy.
Read More...Dividends Declared Week of Dec. 16
As fourth-quarter 2024 nears its end, here is a compilation of dividends declared from select upstream, midstream and service and supply companies. This post appeared first on Hart Energy.
Read More...22 New Shale Well Permits Issued for PA-OH-WV Dec 9 – 15
For the week of Dec 9 – 15, permits issued in the Marcellus/Utica remained healthy. There were 22 new permits issued last week, down just a bit from the 28 issued the week before. The Keystone State (PA) issued 17 new permits, with the bulk of them, 11, going to a single driller, PennEnergy Resources,…
Read More...Details for Surface Owners re Diversified Deal to Plug Wells
In November, MDN told you that Diversified Energy and EQT Corporation had settled a class action lawsuit originally brought by several West Virginia landowners (see EQT, Diversified Settle WV Class Action Lawsuit re Old Wells). Diversified and EQT are ponying up $3.25 million each ($6.5 million total) with requirements for Diversified to plug more wells…
Read More...Plum Boro to Hold Hearing on Proposed 2nd Injection Well
Penneco Environmental Solutions wants to build a second wastewater injection well in Plum Borough (Allegheny County), PA, next to an existing injection well. Penneco’s first wastewater injection well in Plum finally opened for business in mid-2021, overcoming all sorts of smears, slanders, and lawsuits by the enviro-left (see Plum Boro Injection Well in SWPA Now…
Read More...NYMEX NatGas Price Hits Highest Close in Almost 2 Years @ $3.58
Just yesterday, we noted the recent run-up in the NYMEX futures price for natural gas (see NYMEX NatGas Price Rose 5% Last 2 Days – 4th Highest Price in 2024). The run-up continued with the NYMEX “front month” price closing at $3.5840, the highest closing price since Tuesday, Jan. 17, 2023—nearly two years! Hinds Howard,…
Read More...TGP Announces FID on New 206-Mile Mississippi Crossing Pipe Project
We have news of a brand new greenfield pipeline project (a rarity these days) that has the potential to flow Marcellus/Utica molecules to the Southeastern U.S. Yesterday, Kinder Morgan’s mighty Tennessee Gas Pipeline (TGP) subsidiary announced a final investment decision (FID) to build the Mississippi Crossing Project (MSX Project) after securing long-term, binding transportation agreements…
Read More...Paisie: With Oil Prices, It’s All About the Economy
One of the keys to pricing is whether global conflicts curtail the flow of oil. They have not. This post appeared first on Hart Energy.
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