In a supply agreement, Air Liquide and Dow plan to add a new CO2 recycling solution to two air separation units and one partial oxidation plant. This post appeared first on Hart Energy.
Read More...Ongoing U.S. tensions with China and Russia offer Vietnam an opportunity to boost economic ties with the former if American investors can steer past geopolitical smokescreens and destine funds for infrastructure, power and LNG projects all somewhat tied to Vietnam’s manufacturing sector. This post appeared first on Hart Energy.
Read More...Range Resources reports settlement gains from 2020 North Louisiana asset sale. This post appeared first on Hart Energy.
Read More...On top of acquiring a 20% interest in Peru LNG, MidOcean Energy is also in the process of acquiring interests in four Australian LNG projects. This post appeared first on Hart Energy.
Read More...Arjun Murti, a partner in investment and advisory firm Veriten, says U.S. shale provided 90% of global supply growth—but the industry needs to reinvent itself, again. This post appeared first on Hart Energy.
Read More...Athabasca Oil and Cenovus Energy plan to ramp up production from about 2,000 boe/d to 6,000 boe/d by 2025. This post appeared first on Hart Energy.
Read More...Here we go, to the bad old days, once again. Yesterday, the “front month” or “prompt month” for the NYMEX Henry Hub futures contract closed below $2/MMBtu — closing at $1.97. It is the lowest close for the NYMEX front month contract since September 2020, when it closed at $1.83. Yeah, the bad old days…
Read More...Two days ago, Range Resources, the very first company to sink a Marcellus shale well (back in 2004), issued fourth-quarter 2023 expectations for production and pricing along with details about the company’s proved reserves. Range doesn’t issue its official 4Q update until later this month (Feb. 21). The preliminary numbers show the company, when converting…
Read More...Although oil and natural gas output is still increasing ever-so-slightly, according to experts like Rystad Energy, the rate of production growth has slowed. And because production is slowing, “investments in the shale patch are not expected to grow in 2024, keeping activity and output relatively flat” this year. How does slowing activity in 2024 affect…
Read More...The U.S. House Energy and Commerce Subcommittee on Energy, Climate and Grid Security held a hearing on Tuesday to challenge Joe Biden’s so-called pause on new LNG permits to non-free-trade partners as it “studies the impacts,” including on climate change, of LNG use. Republicans blasted the Bidenistas for the havoc they have created with the…
Read More...Politicians on Capitol Hill aren’t the only people taking aim at Joe Biden’s pause on LNG export approvals (see today’s companion story, Repubs Attack, Dems Defend Biden LNG Pause at House Hearing). Some 23 “red” state Attorneys General wrote a letter to President Biden and the nutty Secretary of Energy, Jennifer Granholm, to inform them…
Read More...EPA Administrator Michael Regan used a considerable amount of fossil energy and emitted tons of carbon dioxide to jet over to Dubai in December to participate in the COP28 confab, where he released a final rule that was “two years in the making” to force the U.S. oil and gas industry to cut methane emissions…
Read More...Do you remember those Ball mason jars your mom used for canning when you were growing up? Well OK, maybe we’re dating ourselves. Trust us, it’s a thing (see the image to the left). Here’s the interesting bit: Ball Corporation not only makes mason jars and other packaging solutions for beverage, personal care and household…
Read More...Only a month into 2024, all signs point to this year being particularly consequential for the future of U.S oil and natural gas. On one hand, the International Energy Agency’s latest industry report projected increased global natural gas demand in 2024. At the same time, President Biden’s decision to pause LNG exports approvals has created
Read More...Modern energy companies have embraced competitive efficiency, cutting-edge innovation and ESG transparency. It is time for modern energy hiring to do the same. This post appeared first on Hart Energy.
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