What’s Affecting Oil Prices This Week? (Feb. 12, 2024)
With the increase last week, the price of Brent crude has reached its 200-day moving average. This post appeared first on Hart Energy.
Read More...Fracturing’s Geometry Test
During SPE’s Hydraulic Fracturing Technical Conference, industry experts looked for answers to their biggest test – fracture geometry. This post appeared first on Hart Energy.
Read More...Desperate Antis Ask Va. Regulators to Block Work on 99% Done MVP
Last Thursday, 29 far-left nutball groups wrote Mike Rolband, Director of the Virginia Department of Environmental Quality (DEQ), demanding that he issue a stop work order for the 99% completed Mountain Valley Pipeline (MVP) due to “repeated and widespread violations and damage to waterbodies and private property.” This isn’t the first time these groups have…
Read More...Boston LNG Import Terminal to Remain Open IF Mass. Approves Deal
In early December, MDN updated you on the very real possibility that Everett LNG import terminal (Boston area), which accepts and regasifies foreign-sourced natural gas, may shut down this May following the closure of New England’s biggest natural gas-fired power plant, the Mystic Generating Station in Everett, MA (see Constellation May Have to Close Boston…
Read More...Penn Twp Zoning Bd Going on Field Trip to Proposed Compressor Site
Hyperion Midstream LLC, a subsidiary of Olympus Energy, is seeking a special exception to a Penn Township (Westmoreland County) zoning ordinance to build a six-generator compressor station along Wilderness Road over the next four years. In early January, Hyperion representatives and witnesses testified at a township zoning hearing in favor of the plan (see Olympus…
Read More...FERC Chairman Willie Phillips Finally Drops “Acting” from Title
The Bidenistas at the White House kept Federal Energy Regulatory Commission (FERC) Chairman Willie Phillips on a VERY short chain for a VERY long time. Phillips was named “Acting” Chairman of FERC in January 2023 when Richard “Dick” Glick exited stage left (see Willie Phillips Takes Over as Acting FERC Chairman, Dick Glick Gone). FERC…
Read More...FERC’s Allison Clements Says She Won’t Seek 2nd Term in June
The most radical Federal Energy Regulatory Commission (FERC) commissioner currently serving, Allison Clements (a former lawyer for the uber-radicals of the National Resources Defense Council), told her fellow Democrat leftists at POLITICO that she will not seek re-election to a second term at the commission when her term ends on June 30 of this year….
Read More...Darbonne: ESG, ‘Oh So 2022,’ Reduced to Table Stakes?
ESG champion BlackRock is paring, while Exxon Mobil’s growing. Today, ESG is just table stakes. This post appeared first on Hart Energy.
Read More...Enough! Consumers Say They’re Overserved on Energy Transition, EY Finds
Two thirds of energy consumers are unwilling to spend more time and money to be sustainable, Ernst & Young reported. This post appeared first on Hart Energy.
Read More...From Restructuring to Reinvention, Weatherford Upbeat on Upcycle
Weatherford CEO Girish Saligram charts course for growth as the company looks to enter the third year of what appears to be a long upcycle. This post appeared first on Hart Energy.
Read More...ARC Resources Adds Ex-Chevron Gas Chief to Board, Tallies Divestments
Montney Shale producer ARC Resources aims to sign up to 25% of its 1.38 Bcf/d of gas output to long-term LNG contracts for higher-priced sales overseas. This post appeared first on Hart Energy.
Read More...Atmos Energy Announces Quarterly Dividend
Atmos’ dividend marks the company’s 161st consecutive quarterly dividend. This post appeared first on Hart Energy.
Read More...Occidental Increases Annual Dividend by 22%
Occidental Petroleum Corp.’s newly declared dividend is at an annual rate of $0.88 per share, compared to the previous annual rate of $0.72 per share. This post appeared first on Hart Energy.
Read More...US Drillers Add Oil, Gas Rigs for Third Time in Four Weeks
Despite this week’s rig increase, Baker Hughes said the total count was still down 138 rigs, or 18%, below this time last year. This post appeared first on Hart Energy.
Read More...Energy Transition in Motion (Week of Feb. 9, 2024)
Here is a look at some of this week’s renewable energy news, including the latest on a direct lithium extraction technology test involving one of the world’s biggest lithium producers and the company behind the technology. This post appeared first on Hart Energy.
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