Billionaire “philanthropists” like the Rockefellers often claim to care about noble causes like the security of the United States’ European allies and reducing greenhouse gas emissions. But it turns out that a campaign targeting liquified natural gas (LNG) exports–which will cause harm to both of those causes–takes priority. A recent Wall Street Journal article details how the Rockefellers, Michael Bloomberg, and other
Read More...First gas from the TotalEnergies-operated project is expected in fourth-quarter 2024. This post appeared first on Hart Energy.
Read More...Diamondback Energy subsidiary Cottonmouth Venture LLC has entered into a joint development agreement with Verde Clean Fuels to build a natural gas-to-gasoline facility in the Permian Basin. This post appeared first on Hart Energy.
Read More...A private seller retained RedOaks Energy Advisors for the sale of certain royalty properties in the D-J Basin. This post appeared first on Hart Energy.
Read More...Abundant capital remains available for renewable energy projects, and developers are looking for investors to help get projects over the finish line, expert says. This post appeared first on Hart Energy.
Read More...A confidential seller retained RedOaks Energy Advisors for the sale of certain mineral and royalty interests in Louisiana. This post appeared first on Hart Energy.
Read More...The Biden administration’s recent decision to temporarily pause approvals for new U.S. LNG export projects to non-FTA countries is not only endangering domestic energy security and economic prosperity, but is set to have far-reaching negative impacts for the rest of the world when it comes to security of supply and reliance on hostile foreign powers. As
Read More...The Pittsburgh Post-Gazette has an excellent article reporting on an effort by Tenaska, one of the largest privately operated companies in the U.S., to build a carbon capture and sequestration (CCS) hub spanning tens of thousands of acres in Pennsylvania, Ohio, and West Virginia. Landmen are “knocking on doors again” in all three states, looking…
Read More...West Virginia House Bill (HB) 4292 attempts to close a loophole affecting landowners and mineral rights owners with a conventional oil or gas well. Royalties from conventional O&G wells are typically small, as little as $40-$50 per month. Some energy companies (hopefully very few) that own the wells are intentionally late with royalty payments or…
Read More...We’re sad to have to report on yet another down day of the NYMEX Henry Hub natural gas futures contract. Yesterday, the NYMEX price closed at $1.77/MMBtu, the lowest closing price for the “front month” contract in 3 1/2 years (since Monday, July 27, 2020). Yesterday’s closing price breaks through the latest “floor” of $1.80,…
Read More...We report today in a companion story about the crash in the NYMEX price to $1.77/MMBtu that NGI’s Spot Gas National Average jumped 36.5 cents to $2.115 yesterday based on winter weather forecasts in some states. What will the Henry Hub spot price (not the futures price, but the physically traded spot price) average for…
Read More...The latest monthly U.S. Energy Information Administration (EIA) Drilling Productivity Report (DPR) for February, issued yesterday (below), shows EIA believes shale gas production across the seven major plays tracked in the monthly DPR for March will decrease production from the prior month of February. This is the eighth month in a row that EIA has…
Read More...The tie-up between Diamondback Energy and Endeavor Energy—two of the Permian’s top oil producers—is expected to create a new “super-independent” E&P with a market value north of $50 billion. This post appeared first on Hart Energy.
Read More...Located near Houston, the 176-megawatt Longbow battery energy storage project is owned by Tokyo Gas America and is being developed by Clean Capital Partners. This post appeared first on Hart Energy.
Read More...Curtiss-Wright and Petrobras will combine capabilities to deploy a subsea canned motor boosting system at a Petrobras production field in the Campos Basin. This post appeared first on Hart Energy.
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