Industry News – Page 149 – Ohio River Corridor

Report: CO Energy Industry Gives Back Millions to Communities, Advances Environmental Innovation

July 15, 2024
News

This June the Colorado Oil & Gas Association released its updated 2023 Community Impact Report, showcasing the industry’s ongoing commitment to supporting Colorado communities and the sector’s continued advances in environmental innovation. This year’s report again shows Colorado energy producers and their employees remain committed to driving down emissions and giving back to strengthen communities

15 July

Post-Beryl: US LNG Exports Down While Tankers Await Freeport LNG’s Reopening

July 15, 2024
News

Partial restart on Freeport LNG is anticipated later this week. Meanwhile, the port itself remained closed July 15 to LNG tankers and others with drafts of more than 39 ft. This post appeared first on Hart Energy.

15 July

KC Fed Survey: NatGas to Rise, but Not Enough for Profitability

July 15, 2024
News

The Kansas City Federal Reserve Bank’s energy survey saw activity decline in the second quarter as producers look to the back half of 2024 for natural gas prices to improve—but not enough to turn a profit. This post appeared first on Hart Energy.

15 July

Energy Transfer Closes $3B WTG Midstream Acquisition

July 15, 2024
News

Energy Transfer’s deal adds approximately 6,000 miles of complementary gas gathering pipelines from WTG Midstream Holdings, extending Energy Transfer’s reach into the Midland Basin. This post appeared first on Hart Energy.

15 July

E&P Highlights: July 15, 2024

July 15, 2024
News

Here’s a roundup of the latest E&P headlines, including Freeport LNG’s restart after Hurricane Beryl and ADNOC’s deployment of AI-powered tech at its offshore fields. This post appeared first on Hart Energy.

15 July

Pemex Reduces Fuel Thefts as US-Mexico Energy Trade Value Dips

July 15, 2024
News

Mexico, the largest export market for U.S. petroleum products, expects to lessen its foreign fuel dependence as its builds a new $16 billion refinery. This post appeared first on Hart Energy.

15 July

BKV Sells Non-Operated PA Marcellus Assets for $132 Million

July 15, 2024
News

Over the past seven-plus years, BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu (96% owned by Banpu, Thailand’s largest coal mining company), has become one of the top 20 gas-weighted natural gas producers in the U.S. BKV originally entered the American shale sector by investing $500 million in 2016-2017 to buy existing Marcellus…

15 July

Butler County, PA Man Killed at Trump Rally in Assassination Attempt

July 15, 2024
News

We’re still coming to terms with the surreal scenes from Saturday’s attempted assassination of President Trump at his rally in Butler, PA. A fraction of an inch closer and the assassin’s bullet would have killed Donald Trump. We firmly believe it was Divine Providence (i.e., God) that kept President Trump alive. However, one brave man…

15 July

ESG Clean Energy System Removes 100% of CO2 from Gas-Fired Plant

July 15, 2024
News

In December 2022, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire NET Power — an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys…

15 July

PA Finally Has a State Budget For 2024/25 — Is It a Good One?

July 15, 2024
News

We’ve covered the Pennsylvania state budget negotiations and passage in years gone by when PA’s then-Gov. Tom Wolf (far-left Democrat) requested a Marcellus-killing severance tax every year he was in office (eight loooong years). We’ve largely ignored the PA budget this time around under PA’s do-nothing dud of a governor, Josh Shapiro, as his proposed…

15 July

Refracs Becoming Common Practice for Oil & Gas Operators

July 15, 2024
News

Refracs, also called re-entries and re-completions, re-enter an existing and declining well to access more rock and pump new life out of it. Refracs are becoming a much more common practice for operators. There are two main types of refracs. While refracs are mainly used in oil wells, there are times when they are used…

15 July

Goodbye Manual Control: Vital Energy’s Automation Program Boosts Production

July 12, 2024
News

Production, ESP efficiency soared when the company automated decisions with AI at the edge. This post appeared first on Hart Energy.

12 July

Where, When and How to Refrac—Weighing All the Options

July 12, 2024
News

Experts weigh in on strategic considerations when deciding how to rejuvenate production from a tired well. This post appeared first on Hart Energy.

12 July

Energy Transition in Motion (Week of July 12, 2024)

July 12, 2024
News

Here is a look at some of this week’s renewable energy news. This post appeared first on Hart Energy.

12 July

FTC Requests More Info on $17.1B ConocoPhillips, Marathon Oil Deal

July 12, 2024
News

The U.S. Federal Trade Commission’s request for additional information regarding ConocoPhillips’ $17.1 billion acquisition of rival Marathon Oil is likely to delay the transaction. Other recent energy M&A deals have faced similar “second requests” from the FTC. This post appeared first on Hart Energy.

12 July