Even though demand is the bigger weight on traders’ minds right now, Red Sea attacks and the U.S.’ “shadow war” with Iran still have the potential to impact the global oil supply, and consequently, prices. This post appeared first on Hart Energy.
Read More...On Thursday – two days after a hearing from the House Subcommittee on Energy, Climate, and Grid Security – the Senate Committee on Energy and Natural Resources held a hearing to examine the ramifications of the Biden administration’s LNG export freeze. European and American industry experts, as well as bipartisan Congressional members, raised the alarm
Read More...Atlas Energy’s dividend represents a 5% increase from the previous quarter’s dividend. This post appeared first on Hart Energy.
Read More...Northern Oil and Gas, which recently closed acquisitions in the Utica Shale and Delaware Basin, announced a $0.40 per share dividend. This post appeared first on Hart Energy.
Read More...There were 20 new permits issued to drill in the Marcellus/Utica during the week of Jan. 29 – Feb. 4, versus 27 permits issued during the prior week. Pennsylvania issued 12 new permits last week. Ohio issued 6 new permits. West Virginia issued 2 new permits last week. We had a tie for the company…
Read More...Midway Energy Partners will look to acquire and exploit opportunities in the Permian Basin with backing from Post Oak Energy Capital. This post appeared first on Hart Energy.
Read More...The NYMEX Henry Hub futures price closed lower once again yesterday, at $1.92 (down a nickel from the previous day). These are prices we haven’t seen in three years. The current crash in price is prompting analysts to speculate (with good reason) that it will result in less new gas well drilling in gas-focused plays,…
Read More...Tenaska, one of the largest privately operated companies in the U.S., announced it has purchased six 21-megawatt (MW) natural gas power plants in Northeast Pennsylvania from IMG Energy Solutions. Tenaska currently operates approximately 22,000 MW of natural gas-fueled and renewables electric generation. We don’t know where the time has gone, but the last time we…
Read More...A leftist anti-fossil group calling itself Protect PT, in Penn Township (Westmoreland County), PA, backed with big money from Big Green groups, has for years challenged Penn Township ordinances that allow Apex Energy and Huntley & Huntley (now Olympus Energy) to drill and operate shale wells. Protect PT finally struck out legally at the Pennsylvania…
Read More...Anti-fossil fuel zealots (climate catastrophists) have set their sights on blocking drilling and fracking under (not on top of) Ohio’s state-owned land, including several state parks. Their favorite tactic is to lie and smear the companies that seek to do such drilling. One tiny problem (for the zealots): they don’t know which companies are bidding…
Read More...There is no doubt that recently issued regulations by the federal Environmental Protection Agency (EPA) and the Pennsylvania Dept. of Environmental Protection (DEP) aimed at reducing methane emissions are having a deleterious effect on the Marcellus industry in the Keystone State. The Bidenistas are proposing a huge tax on oil and gas drillers that will…
Read More...Dozens of conservative organizations have banded together to provide Trump a road map — known as Project 2025 — if he prevails in November. It outlines a series of steps that the former president could take to (among other things) reverse the climate actions taken by the Biden administration. The Washington-based Heritage Foundation (fantastic organization!)…
Read More...MARCELLUS/UTICA REGION: Far-left groups oppose bill to block RGGI in PA; NATIONAL: Natgas futures crumble to fresh lows amid storage overhang; INTERNATIONAL: Nuclear reactor restarts in Japan reduce LNG imports for powergen; Green activists are a menace to society; Barclays to adopt fresh curbs on oil and gas financing. Please Login to view this content….
Read More...Certain orphaned wells across the U.S. could be plugged to earn carbon credits. This post appeared first on Hart Energy.
Read More...East Daley Analytics expects the $17 billion Chesapeake and Southwestern merger to shift the risk and reward outlook for several midstream services providers. This post appeared first on Hart Energy.
Read More...