Martin Resources Management will pay $132 for Martin Midstream, which it had previously spun off, after a pair of New York capital groups counteroffered at a higher price. This post appeared first on Hart Energy.
Read More...Murphy Oil’s current COO Eric M. Hambly has been appointed to CEO and president, succeeding Roger W. Jenkins. The board also added Hambly and Robert B. Tudor III as new directors. This post appeared first on Hart Energy.
Read More...Inventory management is a problem for the E&P space, no matter the basin, said Kimmeridge Energy Management’s Ben Dell at Hart Energy’s Energy Capital Conference in Dallas. This post appeared first on Hart Energy.
Read More...Utica Shale E&P Infinity Natural Resources has not yet set a price or disclosed the number of shares it intends to offer. This post appeared first on Hart Energy.
Read More...The private equity sector is having a moment in the upstream space. This post appeared first on Hart Energy.
Read More...Amber Energy’s $7.3 billion purchase of Citgo fell well short of analyst’s valuations. PDVSA Ad Hoc expects to appeal the decision soon in its battle to protect its claim on Citgo. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news, including the startup of a solar module manufacturing facility with an annual 2-gigawatt capacity. This post appeared first on Hart Energy.
Read More...The Matterhorn Express Pipeline flowed 317 MMcf of natural gas to customers on Oct. 1, according to East Daley Analytics. This post appeared first on Hart Energy.
Read More...U.S. Department of Energy Secretary Jennifer Granholm recently announced that the Department’s long-awaited study of LNG export impacts would be released by the end of the year. A new report, however, indicates a study may have already been completed – but was kept hidden from the public. Recall that when the Biden-Harris administration justified its
Read More...There were 28 permits issued to drill new shale wells in Marcellus/Utica for the week of Sept. 23 – 29, down slightly from the 32 issued the prior week. The Keystone State (PA) had 15 new permits, with seven of them going to Range Resources, most of them in Washington County. Three permits were issued…
Read More...Yesterday, the Ohio Supreme Court issued a “slip opinion” dismissing a challenge to a tiny 3.7-mile, 30-inch pipeline Columbia Gas wants to build in Maumee, a city in Lucas County, Ohio, a suburb about 10 miles southwest of Toledo. The owners of a commercial office building claimed they would suffer “irreparable financial harm” if the…
Read More...A new Morning Consult/American Petroleum Institute (API) poll recently surveyed registered voters in the key swing states of Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin. Inflation is a huge issue for voters in those states, with 81% to 86% saying the price of daily necessities has become “financially painful” and anywhere from 88%…
Read More...The province of Québec, Canada, with a huge supply of Utica Shale gas sitting beneath it, passed a new law in 2022 outlawing all oil and natural gas production throughout the province (see Quebec Pulls Trigger & Commits Energy Suicide – Bans All O&G Prod.). It was a breathtaking grab of totalitarian power. It’s also…
Read More...Two days ago, MDN told you about a Congressional investigation looking into the Department of Energy’s use of a prematurely released “study” as an excuse to “pause” (i.e., ban) new LNG export approvals (see Congress Probes Role of Bob Howarth Study in DOE LNG Pause). Cornell professor Robert Howarth, using money from the anti-fossil fuel…
Read More...There are so many colors for hydrogen (denoting how it is produced) that we’ve lost track of the number. Some 95% of all hydrogen today is made by using steam with natural gas to separate hydrogen from carbon, referred to as “gray” hydrogen. If the hydrogen producer captures the carbon dioxide generated during the process,…
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