Yesterday, the U.S. Department of the Treasury released new data from the IRS along with analysis by the Office of Economic Policy that claims more than 158,000 Pennsylvanian families benefited from more than $267 million in tax credits to lower the costs of clean energy and energy efficiency upgrades to their homes during 2023, money…
Read More...MARCELLUS/UTICA REGION: Steel Nation names Sandra Spencer business development manager; NATIONAL: Appeals Court sends pair of LNG permits back to FERC; INTERNATIONAL: Oil rallies on mounting risks and falling stockpiles; Maersk ship order shows change in view on LNG as marine fuel. Please Login to view this content. (Not a member? Join Today!) The post
Read More...Oil prices have retreated in recent weeks as traders look past the current depletion in global inventories to focus on the threat of possible economic slowdowns. This post appeared first on Hart Energy.
Read More...Fresh off closing its $2.1 billion SilverBow Resources acquisition, Crescent CEO David Rockecharlie told investors, “we are just getting started.” This post appeared first on Hart Energy.
Read More...The Biden administration this week appealed a Louisiana federal court decision that halted its pause on LNG exports – a pause that has garnered bipartisan backlash, especially with key swing state Democrats in places like Pennsylvania. Now, as Vice President Kamala Harris debuted her Presidential ticket in Pennsylvania – the second largest natural gas producing
Read More...Diamondback Energy, one of the Permian’s largest oil producers, curtailed some Permian oil output to limit associated gas production. Permian gas output is near record highs, and takeaway capacity out of the basin is bottlenecked. This post appeared first on Hart Energy.
Read More...EnLink’s JV partners cited the effects from Hurricane Beryl causing slight delays in the Matterhorn Express Pipeline. This post appeared first on Hart Energy.
Read More...Devon Energy’s Delaware Basin production dominated the quarter for the multi-basin E&P, but the company is tapping into recompletion opportunities to supplement production, executives said. This post appeared first on Hart Energy.
Read More...The state of California issued a new report that acknowledges potential margin regulations on retail gas dealers may make gas price spikes even more painful for consumers. The report, released last week by California Energy Commission (CEC) staff, assessed the feasibility of a variety of proposals to rein in gas prices under the state’s gas
Read More...The CEO of Marathon Petroleum Corp. downplayed rumors that the Ohio refiner was interested in acquiring Europe’s Neste Corp. during a second quarter 2024 webcast with analysts. This post appeared first on Hart Energy.
Read More...MPLX LP expects two new plants in the Delaware Basin will boost the company’s processing capacity in the Delaware to 1.4 Bcf/d. This post appeared first on Hart Energy.
Read More...Targa Resources Corp. will use the proceeds from the offering to repay borrowings under its commercial paper note program. This post appeared first on Hart Energy.
Read More...Pipeline giant Williams, with major assets in the Marcellus/Utica and the owner of the mighty Transco pipeline that flows huge quantities of M-U gas south and southwest, issued its second quarter 2024 update yesterday. CEO Alan Armstrong called attention to the “crisp execution of key projects” that will benefit the company. Among those projects was…
Read More...In April, the Ohio Oil and Gas Commission upheld a regulatory order from the Ohio Dept. of Natural Resources (ODNR) suspending operations of three wastewater injection wells located in Torch (Athens County), OH, owned by K&H Partners, a subsidiary of Tallgrass Energy (see Ohio O&G Commission Votes to Shut Down 3 Athens Injection Wells). K&H…
Read More...In June 2018, MDN exclusively brought our readers the news that Diversified Gas & Oil (now called Diversified Energy) had purchased EQT Corporation’s Huron Shale assets, with a bunch of conventional wells, in Kentucky, Virginia, and West Virginia for $575 million (see Diversified Gas & Oil Adds to Conventional Assets in KY, VA, WV). A…
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