Natural Gas Now Best Picks – September 23, 2023 Tom Shepstone Shepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. This week’s natural gas best picks: Big Cats Going, Going, the Enemy Is Us, Not Panicking
Read More...The EU is set to demand that cars running on e-fuels must be 100% carbon neutral if they are to be sold beyond 2035, a draft document showed. This post appeared first on Hart Energy.
Read More...On Thursday, a U.S. District Court Judge in Louisiana barred the Department of Interior (DOI) from limiting acreage available to energy production in its upcoming offshore oil lease sale, which is scheduled to take place on September 27th. The decision was a blow to activists and the Biden administration, who hoped to restrict oil drilling
Read More...Oil prices for select global crudes are on a massive upward trend with $100/bbl just out of reach, according to data from General Index, a tech-native benchmark provider, and analysts say the prices prices are driven by OPEC+’s decision to extend production cuts. This post appeared first on Hart Energy.
Read More...In this Hart Energy Live Exclusive, Coterra Energy CFO Shane Young talks the energy industry’s next steps to solve the industry’s challenges. This post appeared first on Hart Energy.
Read More...Russian wholesale gasoline Ai-92 grade prices fell by 9.7% to $582 per metric ton on Sept. 22 following a government ban on fuel exports. This post appeared first on Hart Energy.
Read More...U.S. oil rigs fell by eight to 507 this week, their lowest since February 2022, while gas rigs dropped by three to 118. This post appeared first on Hart Energy.
Read More...Oceaneering intends to use the net proceeds from the offering, together with cash on hand if necessary, to fund the purchase of any and all of its 4.650% senior notes due in 2024. This post appeared first on Hart Energy.
Read More...Phase 2 of Sempra Infrastructure’s Port Arthur LNG would add two liquefaction trains with an LNG liquefaction capacity of 13 mtpa. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news, including First Solar’s $1.1 billion solar panel facility groundbreaking in Louisiana. This post appeared first on Hart Energy.
Read More...Despite public opposition from some investors, Magellan Midstream Partners shareholders OK’d a $18.8 billion merger with midstream player ONEOK Inc., but analysts and investors still have questions about the deal. This post appeared first on Hart Energy.
Read More...Last week, the Pennsylvania Board of Game Commissioners announced it had cut two different deals with Pennsylvania General Energy (PGE). Both deals involve land swaps with the prospect of new shale drilling by PGE on the way in both Lycoming County and Sullivan County. The Game Commission’s remit is “to protect, propagate, manage and preserve…
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. Last week, the SRBC approved 22 new water withdrawal requests within the basin, eight of…
Read More...Investors in shale oil and gas companies suffered for years with little or no returns for the money they invested. Five of eight large Marcellus/Utica drillers saw their share prices decrease by an astonishing 85% or more from 2008 to 2019 (see Former EQT CEO: Shale Revolution a “Disaster” for Investors). Just before the COVID…
Read More...Earlier this year, Sempra Infrastructure, a subsidiary of Sempra, announced it had reached a positive final investment decision (FID) for the development, construction, and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas (see Port Arthur LNG Pulls Trigger on FID, Tells Builder to Start Work). Sempra worked out all of…
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