The oil and gas business is still a great place to get a job. A high-paying job. However, knowing what kinds of companies to contact and what kinds of jobs are available at those companies can be a challenge. Rigzone President Chad Norville recently highlighted some of the latest U.S. oil and gas hiring trends…
Read More...The chickens are coming home to roost for Venture Global, an LNG export company that uses loopholes and excuses to avoid selling LNG cargoes to the companies that signed contracts to buy those cargoes. The company recently launched an initial public offering (IPO), hoping to raise $2.3 billion (see Unashamed Venture Global LNG Plans Huge…
Read More...As we reported yesterday, Chris Wright, now-former CEO of Liberty Energy (big fracking company), was confirmed on Monday to be the new Secretary of Energy (see Full Senate Confirms Fracker Chris Wright as DOE Secretary 59-38). Yesterday was Wright’s first official day at the agency. Right out of the box, he signed his first Secretarial…
Read More...TotalEnergies’ investments could include expansion projects at its Cameron LNG and Rio Grande LNG facilities on the Gulf of Mexico, CEO Patrick Pouyanne said. This post appeared first on Hart Energy.
Read More...Quantum Capital Group Founder and CEO Wil VanLoh says oil and gas investment, a modernized electric grid and critical minerals are needed to meet an all of the above energy strategy. This post appeared first on Hart Energy.
Read More...Rising Phoenix Capital said the La Plata Peak Income Fund focuses on acquiring producing royalty interests that provide consistent cash flow without drilling risk. This post appeared first on Hart Energy.
Read More...Permitting delays and challenges finding customers have put the future of Enterprise Product Partners’ Seaport Oil Terminal Project in doubt. This post appeared first on Hart Energy.
Read More...Infinium will supply up to 670,000 metric tons of CO2 to Summit Carbon at a eFuels facility. This post appeared first on Hart Energy.
Read More...We suppose we shouldn’t be shocked, but we are. Reuters is exclusively reporting that Canadian pension fund CPP Investments, the majority owner of Encino Acquisition Partners (aka Encino Energy), is considering either a sale of the company or possibly an initial public offering (IPO) that values the company at roughly $7 billion. Encino’s claim to…
Read More...In 2018, Equitrans Midstream, the builder of the 303-mile Mountain Valley Pipeline (MVP), proposed to extend MVP by an extra 75 miles from the current terminus in Pittsylvania County, VA, to Alamance County, NC, to provide natural gas for heating and electric generation. The 75-mile extension is called MVP Southgate. In December 2023, MVP changed…
Read More...Donald Trump threatened and was prepared to implement a 25% tariff on both Mexico and Canada, including a 10% tariff (tax) on incoming oil and natural gas (and other energy) from Canada (see Trump Slaps Canada & Mexico with Tariffs, Including 10% on O&G). It took about 10 minutes for Mexico’s president to get on…
Read More...According to an analysis by S&P Global Commodity Insights, U.S. natural gas output stands near an all-time high as a period of strong demand and improved prices enable a production resurgence. Output averaged 106 Bcf/d (billion cubic feet per day) over the latest weekend. In the Marcellus/Utica, production over the last seven days has come…
Read More...Yesterday, Pennsylvania Governor Josh Shapiro delivered his 2025-26 Budget Address to the General Assembly and the people of Pennsylvania. He presented a bloated, whopping $51.47 billion budget for 2025-2026, a 7.5-percent increase over the current fiscal year. The budget proposed flops in many ways (like legalizing pot), but none more so than his doubling down…
Read More...Diamondback Energy has named Darin G. Holderness, who founded and served as CFO at P&A Exchange LLC and CFO at ProPetro Holding Corp. as a board of directors at the Permian Basin E&P. This post appeared first on Hart Energy.
Read More...Compensation for oil and gas executives, up an average 8% to 10%, is increasingly tied to stock metrics, rewarding performance instead of growth, according to an Alvarez & Marsal report. This post appeared first on Hart Energy.
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