HOUSTON – There’s a silent battle being waged by no fewer than three groups trying to secure customers and/or funding for underground natural gas liquids storage in the states of Pennsylvania, Ohio and West Virginia. With Shell Chemical pushing hard to have its world scale ethane cracker 30 miles northwest of Pittsburgh operational by the
Read More...President Trump’s April 10 Executive Orders are the directives which, as the President said “ends the war on American energy.” One order primarily takes the shackles off energy infrastructure (pipelines) construction, while the second mandates the Environmental Protection Agency to review/modify an “outdated” section of the Clean Water Act that requires applicants
Read More...Underwriters of Infinity Natural Resources’ January IPO have fully exercised options to purchase additional Class A common stock at $20 per share. This post appeared first on Hart Energy.
Read More...The Federal Energy Regulatory Commission released a report responding to an appellate court’s questions over Venture Global LNG’s Calcasieu Pass 2 project. This post appeared first on Hart Energy.
Read More...Equinor began the first tranche of a share repurchase of up to $5 billion. This post appeared first on Hart Energy.
Read More...About three-quarters of future U.S. gas demand growth will be fueled by LNG exports, while data centers’ needs will be more muted, according to Expand Energy CFO Mohit Singh. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news, including a milestone for solar module manufacturing capacity. This post appeared first on Hart Energy.
Read More...Despite this week’s rig increase, Baker Hughes said the total count 6% below this time last year. This post appeared first on Hart Energy.
Read More...Several years ago, Stratas Advisors developed three long-term energy scenarios. A scenario depicting greater market volatility in an increasingly unstable world is appearing more likely. This post appeared first on Hart Energy.
Read More...Prairie Operating Co. will purchase about 24,000 net acres from Bayswater Exploration & Production, which will still retain assets in Colorado and continue development of its northern Midland Basin assets. This post appeared first on Hart Energy.
Read More...Canadian midstream companies AltaGas and Keyera have signed mutually beneficial, long-term contracts for NGLs and fractionation. This post appeared first on Hart Energy.
Read More...For the week of Jan 27 – Feb 2, the number of permits issued in the Marcellus/Utica to drill new shale wells recovered from the previous week. Two weeks ago, only 7 new permits were issued. Last week, the number increased to 22 new permits issued. Whereas the Keystone State (PA) issued no new permits…
Read More...We previously reported that INR (Infinity Natural Resources), which drills exclusively in the Marcellus/Utica region, floated an initial public offering (IPO) that brought in money on the high end of expectations and that the newly issued stock immediately started trading some 10% higher (see INR IPO Does Better than Expected, Stock Trading Pops 10% Higher)….
Read More...The Ohio Department of Natural Resources (ODNR), Division of Oil and Gas Resources Management, is about to fly drones equipped with magnetometers to sniff out orphaned oil and gas wells in Van Wert County. The ODNR previously completed drone flights in Auglaize, Hancock, Mercer, and Wood counties. The ODNR issued a press release to inform…
Read More...Do the editors of the Wall Street Journal read Marcellus Drilling News? No, we don’t expect they actually do. Although the editorial published by the editors of the WSJ on Feb. 4 looks like it could have been written by your humble MDN editor—because it says all the things we’ve said for months about Pennsylvania…
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