U.S. LNG has been a hot button topic in recent weeks as the Biden administration announced it would be reassessing the Department of Energy’s LNG permit approval process last week, followed on Friday with an announcement that it is temporarily pausing pending decisions on LNG exports to non-FTA countries. While the administration is publicly describing
Read More...In addition to its three mineral royalty acquisitions in the Permian, Union Jack Oil is also looking to expand into Oklahoma via joint ventures with Reach Oil & Gas Inc. This post appeared first on Hart Energy.
Read More...Freeport LNG’s 15 mtpa three-train export facility on the Texas Gulf Coast will be without its Train 3 for at least one month, due to an electrical issue during the recent Texas freeze. This post appeared first on Hart Energy.
Read More...The energy technology company is involved with several hydrogen projects as it works to accelerate the hydrogen economy. This post appeared first on Hart Energy.
Read More...Fluence Energy signs a 15-year service agreement with Origin Energy for Fluence’s Gridstack energy storage system. This post appeared first on Hart Energy.
Read More...For the upcoming week, Stratas Advisors forecast that increase in oil prices will be moderated likely due to the U.S. being cautious in response to the recent attack on U.S. troops. This post appeared first on Hart Energy.
Read More...Big, breathless news coming from the do-nothing Josh Shapiro gubernatorial operation last Friday. THE MAN has made an edict to those waskily Marcellus drillers: You WILL disclose the chemicals you will use to frack and drill any given well you receive a permit for. Lights! Fireworks! Loud claps of thunder (and an echo) as if…
Read More...Last summer, MDN told you that the new system to assess valuations of shale wells in West Virginia had turned into a mess (see WV NatGas Property Tax Rule Still a Mess, 303 Cases Appealed). That mess has just gotten messier — what we call a hot mess. A “clerical error” by a third-party vendor…
Read More...In December, Pennsylvania’s Independent Fiscal Office (IFO), the agency charged with providing revenue projections along with impartial and objective analysis of fiscal, economic, and budgetary issues for the citizens and legislature of Pennsylvania, provided its best guess as to how much revenue the PA impact fee (i.e., severance tax) will generate from shale wells drilled…
Read More...The Shell ethane cracker plant in Monaca, PA (Beaver County) just hit a milestone: It’s been up and running (in a manner of speaking) for one year. Except during that one year, quite a bit of the time was spent NOT running due to various technical and equipment issues. According to a review done by…
Read More...The mayor of Chester, PA (a suburb of Philadelphia), Sefan Roots, boldly proclaimed over the weekend that an LNG export project planned for his community called Penn LNG is “dead in the water.” He bases his claim on Joe Biden’s recent declaration that all LNG export projects are “on pause” (see White House Makes it…
Read More...Baker Hughes’ fourth quarter earnings call confronts Biden’s halt on LNG permitting with “solve itself” attitude. This post appeared first on Hart Energy.
Read More...Bids placed in the call for tenders, issued in March 2023, were made by five companies. This post appeared first on Hart Energy.
Read More...The industry must evaluate its price of carbon to prepare for the impact of a possible border tax. This post appeared first on Hart Energy.
Read More...Galp Energia’s Avo-2 target in the Mopane-1X well offshore Namibia delivers second significant column of light oil. This post appeared first on Hart Energy.
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