Major CCS Pipelines Inch Closer to Reality
Louisiana hands proponents a major victory for in-state development, but technical and political challenges remain. This post appeared first on Hart Energy.
Read More...As NatGas Drops Below $2, Chesapeake is Prepared to Curtail Volumes Again
Chesapeake Energy, the No. 2 U.S. gas producer, reported it is prepared to curtail again in the fall if prices “weaken materially” as prompt-month gas prices hovered around $2/MMBtu on July 30. This post appeared first on Hart Energy.
Read More...IndustryVoice: How Viridi Energy is Helping Reimagine the Business of RNG
A new era for renewable natural gas (RNG) is here, “RNG 2.0,” and Viridi Energy is leading the way. This post appeared first on Hart Energy.
Read More...Superior Drilling Shareholders Approve Buyout by Drilling Tools International
Superior Drilling Products shareholders approved the company’s $32 million acquisition by Drilling Tools International. This post appeared first on Hart Energy.
Read More...Enterprise Products Partners to Grow NGL Export Capacity in Houston
Enterprise Products Partners will expand new refrigeration facilities on the ship channel that are slated for operation in 2026. This post appeared first on Hart Energy.
Read More...BOEM Completes Environmental Review of US Wind’s Project Off Maryland
If approved, US Wind’s three-phase project could generate up to 2.2 GW of electricity, according to BOEM. This post appeared first on Hart Energy.
Read More...SandRidge Energy Buys Western Anadarko Cherokee Assets for $144MM
Midcontinent E&P SandRidge Energy is getting deeper into the emerging Cherokee oil play in western Oklahoma through a $144 million acquisition. This post appeared first on Hart Energy.
Read More...E&P Highlights: July 29, 2024
Here’s a roundup of the latest E&P headlines including Energean taking FID on the Katlan development project and SLB developing an AI-based platform with Aker BP. This post appeared first on Hart Energy.
Read More...Post Oak Minerals Acquires Permian Basin Interests for $475MM
Post Oak Minerals V, an affiliate of Post Oak Energy Capital, has closed 10 transactions since the onset of 2024, including 24,000 net royalty acres from APA Corp. subsidiary Apache. This post appeared first on Hart Energy.
Read More...Permian Resources Bolts-on Oxy’s Delaware Basin Assets for $820MM
Permian Resources will add Occidental Petroleum’s Barilla Draw assets in an $817.5 million deal as Oxy prepares to pay down debt for its pending $12 billion acquisition of CrownRock LP. This post appeared first on Hart Energy.
Read More...Vital Energy, Northern to Buy Delaware E&P Point Energy for $1.1B
Vital Energy will buy an 80% stake in Point Energy Partners’ Delaware Basin assets for about $820 million, with Northern Oil and Gas acquiring the remaining 20% interest for $220 million. This post appeared first on Hart Energy.
Read More...Noble’s $1.59B Diamond Offshore Acquisition Clears Antitrust Hurdle
Noble Corp.’s acquisition of Diamond Offshore Drilling still requires approval by Diamond shareholders as well as regulatory authorization in Australia. This post appeared first on Hart Energy.
Read More...Paisie: Oil Demand to Rise 1.2 MMbbl/d in Second Half
WTI’s price is expected to stay in the low $80s/bbl. This post appeared first on Hart Energy.
Read More...CF Indutries Enters CO2 Transport, Sequester Deal with Exxon
CF Industries Holdings will transport and sequester to Exxon Mobil CO2 from its carbon capture and sequestration project in Yazoo City, Mississippi. This post appeared first on Hart Energy.
Read More...Repsol to Implement New Share Buyback Program
Madrid-based Repsol plans to repurchase and redeem 20 million of its shares in the second half 2024, according to the company’s CEO Josu Jon Imaz. This post appeared first on Hart Energy.
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