Viridi Energy Acquires Maine Biosolids Plant Maine for RNG
Viridi Energy plans to turn the biosolids digest plant into a waste-to-RNG facility. This post appeared first on Hart Energy.
Read More...CERAWeek: LNG to Play Critical Role in Shell’s Future, CEO Says
Sawan said LNG will continue to play a critical role adding that LNG currently makes up around 13% of gas sales but was expected to grow to around 20% in the coming 15 to 20 years. This post appeared first on Hart Energy.
Read More...EIA Mar DPR: NatGas Production Continues to Drop, Oil Grows
The latest monthly U.S. Energy Information Administration (EIA) Drilling Productivity Report (DPR) for March, issued yesterday (below), shows EIA believes shale gas production across the seven major plays tracked in the monthly DPR for April will decrease production from the prior month of March. This is the ninth month in a row that EIA has…
Read More...NatGas Plays Like M-U & Haynesville Getting Slammed by Assoc. Gas
For years, we have watched natural gas production in oil-focused plays like the Permian (in Texas and New Mexico) steadily rise. It was an annoyance, a curiosity, mostly an afterthought because production in the Marcellus/Utica, where we concentrate our attention, was also rising and quite dominant. But the M-U hit a plateau in December 2019…
Read More...Virginia Democrat Lawmakers Don’t Want Dominion Gas-Fired Plant
In an embarrassing act of ignorance, seven Virginia state delegates and two state senators (all of them Democrats) who represent the greater Richmond, VA area signed a statement last Wednesday opposing Dominion Energy’s plan to build four small “peaker” electric generating plants in Chesterfield County, VA, a Richmond suburb (see Dominion Plans to Build 1,000-MW…
Read More...Duke Energy Replacing Another 2 Coal Plants with NatGas in NC
In February, MDN brought you the news that utility giant Duke Energy plans to build a gigantic natural gas-fired power plant next to another planned gas-fired plant at the existing coal-fired Roxboro Plant on Hyco Lake, in Person County, NC (see Duke Energy Seeks to Build 2 Massive Gas-Fired Power Plants in NC). Each plant…
Read More...SRBC Approves 8 Water Withdrawal Requests for Fracking in NEPA
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. Last Thursday, the SRBC approved 23 new water withdrawal requests within the basin, eight of…
Read More...CERAWeek: CEO Patrick Pouyanné Jokes that Texas is TotalEnergies’ ‘El Dorado’
TotalEnergies CEO Patrick Pouyanné said during CERAWeek by S&P Global that Texas was important for his company, which he jokingly called the French company’s “El Dorado” due to the state’s love for oil, gas and renewables. This post appeared first on Hart Energy.
Read More...CERAWeek: AI, Energy Industry Meet at Scary but Exciting Crossroads
From optimizing assets to enabling interoperability, digital technology works best through collaboration. This post appeared first on Hart Energy.
Read More...Industry Tackles Methane Emissions Intensity At-Source: OGCI Expands Monitoring Campaign In Emerging Economies
The Oil and Gas Climate Initiative (OGCI), which counts the world’s largest oil and gas companies among its membership, plans to extend its pioneering methane monitoring campaign to seven or eight new countries, according to reporting in the Financial Times Monday morning. This announcement is particularly noteworthy as according to the International Energy Agency’s (IEA)
Read More...Imperial Oil Shuts Down Fuel Pipeline in Central Canada
Supplies on the Winnipeg regional line will be rerouted for three months. This post appeared first on Hart Energy.
Read More...What’s Affecting Oil Prices This Week? (March 18, 2024)
On average, Stratas Advisors predicts that supply will be at a deficit of 840,000 bbl/d during 2024. This post appeared first on Hart Energy.
Read More...Talos Energy Sells CCS Business to TotalEnergies
TotalEnergies’ acquisition targets Talos Energy’s Bayou Bend project, and the French company plans to sell off the remainder of Talos’ carbon capture and sequestration portfolio in Texas and Louisiana. This post appeared first on Hart Energy.
Read More...CNOOC Makes 100 MMton Oilfield Discovery in Bohai Sea
CNOOC said the Qinhuangdao 27-3 oilfield has been tested to produce approximately 742 bbl/d of oil from a single well. This post appeared first on Hart Energy.
Read More...CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps
Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global. This post appeared first on Hart Energy.
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