Shell is selling its Sinco pipeline system and Colex terminal assets that have been historically integrated with the Deer Park Refinery, which Shell sold to Pemex in 2022. This post appeared first on Hart Energy.
Read More...Mexico Pacific and Korea’s POSCO International Corp. signed a 20-year sales and purchase agreement for the Asian company to acquire 0.7 mtpa of LNG from the proposed the Saguaro Energía LNG facility on Mexico’s Pacific Coast. This post appeared first on Hart Energy.
Read More...ONEOK’s latest deals to acquire controlling interest in midstream companies EnLink and Medallion are considered “neutral” for the company’s credit rating. This post appeared first on Hart Energy.
Read More...TotalEnergies’ floating offshore wind turbine will be located 2 km west of the Culzean gas production platform and is expected to be fully operational by year-end 2025. This post appeared first on Hart Energy.
Read More...Some producers are starting to wonder if some of the tax incentives, grants and loans offered under the Inflation Reduction Act and Infrastructure Investment and Jobs Act, would be rolled back under a Trump administration. This post appeared first on Hart Energy.
Read More...Marathon Oil shareholders approved a merger acquisition by ConocoPhillips valued at $22.5 billion, including debt, at a special meeting. This post appeared first on Hart Energy.
Read More...Hunting securing contracts worth up to $60 million to deliver organic oil recovery technology to increase recoverable reserves for North Sea operators. This post appeared first on Hart Energy.
Read More...Copenhagen Infrastructure Partners’ 495-megawatt wind project is located on privately-owned farmland near Lomond, Alberta. This post appeared first on Hart Energy.
Read More...More than half of Libya’s oil production, or about 700,000 bbl/d, was offline on Aug. 29 and exports were halted at several ports as a standoff between rival political factions over the central bank and oil revenue threatens to end a four-year period of relative peace. This post appeared first on Hart Energy.
Read More...Here’s a lawsuit that flew under our radar — until now. Several landowners in West Virginia sued Jay-Bee Oil & Gas, alleging “improper royalty deductions” were made from royalty checks for post-production work from 2010 to 2023. The landowners (their lawyers) convinced a court to turn the lawsuit into a class action. Jay-Bee denies the…
Read More...In February, MDN told you about Dominion Energy’s filing to build a new 45-mile pipeline to connect Equitrans’ (now EQT’s) MVP Southgate pipeline project with Duke Energy’s planned new natural gas power plants on Hyco Lake’s southern shore (see Dominion Energy Announces New 45-Mile Pipeline for North Carolina). As part of the process of building…
Read More...Hats off to Pennsylvania State Senator Gene Yaw, who is floating yet another bill that will benefit the state, electric ratepayers, and the Marcellus industry — all at the same time. Yesterday, Yaw announced his intention to float a new bill that would create the Pennsylvania Baseload Energy Development Fund. What is it? It’s a…
Read More...Yesterday, MDN brought you the news that two dozen states have asked the U.S. Supreme Court to place a temporary block on new EPA regulations that will put all coal plants out of business and block most (if not all) new gas-fired power plants from getting built (see States Asks U.S. Supreme Court to Emergency…
Read More...The International Gas Union (IGU), Snam, and Rystad Energy partnered (as they have in the past) to produce and release the Global Gas Report 2024 (full copy below). The authors are sounding the alarm. According to the study, should gas demand continue to grow as it has in the last four years without additional production…
Read More...As we often point out when discussing the fugitive methane issue, the number one source of fugitive methane emissions, at 40%, is Mom Earth herself (i.e., “natural”). The number two source, at 24%, is agriculture. The number three source, at 21%, is oil and gas operations. Yet global warming nutjobs ONLY focus on emissions from…
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