Democrats will never be satisfied until they tax you for breathing and even existing, which was perfectly illustrated by a proposal submitted by the Pennsylvania Dept. of Environmental Protection (DEP) to its so-called Climate Change Advisory Committee on Tuesday. Not satisfied to try and force a Marcellus-killing carbon tax (called the Regional Greenhouse Gas Initiative,…
Read More...Townships and local municipalities in Pennsylvania are now beginning to deal with a new issue, particularly where there is active natural gas drilling. For years, local towns in PA have dealt with the issue of zoning and where to allow gas drilling. A recent (past few years) development is that cryptocurrency “miners” are beginning to…
Read More...The billionaire-funded climate litigation campaign against American energy companies has accomplished little in the near decade since its start, with the cases mired in procedural issues and setbacks along the way. Recognizing this, it appears the leaders of the Rockefeller foundations – the central strategists and financial backers of the lawsuits – have decided to hedge their lawfare bets and pursue
Read More...The state of California recently issued proposed regulations to ban fracking outright, threatening thousands of jobs and billions in economic activity in the Golden State. The proposed rules, issued by the Department of Conservation’s Geologic Energy Management Division this month, fulfill a 2021 order from Gov. Gavin Newsom to issue regulations aimed at ending fracking
Read More...Venture Global files requests with the Federal Energy Regulatory Commission for Calcasieu Pass 1 and 2 before a potential vacancy on the commission brings approvals to a standstill. This post appeared first on Hart Energy.
Read More...As Transocean executives predicted during third-quarter earnings, the company is in the middle of an upcycle, with day rates and revenues reaching new heights. This post appeared first on Hart Energy.
Read More...Green Swan, an investment platform seeking to provide capital to countries signed on to the Paris Agreement, is courting U.S. investors to fund decarbonization projects in countries including Iran and Venezuela, its executives told Hart Energy. This post appeared first on Hart Energy.
Read More...Prairie Acquiror intends to use the notes offering to refinance outstanding debt under its existing term loan credit facility. This post appeared first on Hart Energy.
Read More...Diamondback Energy’s leadership changes follow the company’s previously announced $26 billion merger with Endeavor Energy. This post appeared first on Hart Energy.
Read More...Two really big (huge) pieces of news are coming from yesterday’s Equitrans Midstream fourth quarter and full-year 2023 update. The first bit of news is that Equitrans is actively considering a buyout offer. The company doesn’t use that exact language, but that’s what’s happening. This should come as no surprise, given the rumor mill on…
Read More...According to sources whispering to reporters from Reuters, Occidental Petroleum is “exploring a sale of Western Midstream Partners,” a U.S. natural gas-focused pipeline operator that has a market value of close to $20 billion. Western Midstream responded to the news report by issuing a press release to say it is NOT engaged in any kind…
Read More...The money behind Big Green never stops. Where in the heck do they get it all? In November 2023, the Ohio Oil & Gas Land Management Commission (OGLMC) met in a public forum and voted to allow shale drilling under (not on top of) three different state-owned tracts of land: all 20,000 acres of Salt…
Read More...Last week, Antero Resources, which is 100% focused on the Marcellus/Utica with over 500,000 net acres under lease (and the largest M-U driller in West Virginia), issued its fourth quarter and full-year 2023 update, which we covered (see Antero 4Q – Production Up 6%, Profits Down 87%, 21 New Wells). While we picked up and…
Read More...In June 2016, Massachusetts-based Clean Energy Future broke ground on an $800 million, 940-megawatt Utica gas-fired electric plant in Lordstown (Trumbull County), OH (see Lordstown Energy Center Breaks Ground on $890M Electric Plant). The plant was completed and went online in October 2018 (see Lordstown (OH) Energy Center Now Online, Generating 940 MW). In 2019,…
Read More...The City of Chicago today announced a climate lawsuit against oil companies, making it the latest city to dedicate taxpayer resources towards a billionaire-backed lawfare campaign that, to date, has only lost on the merits. The lawsuit is supported by familiar faces. The city is being represented by San Francisco-based plaintiffs’ firm Sher Edling, LLP, the law firm serving
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