MARCELLUS/UTICA REGION: PA DEP releases 2 contracts for bidding in next round of conventional oil & gas well plugging; NATIONAL: WTI slips below $73 on mixed tariff signals; March natural gas contract tests $3.00 mark as weather warms; Bloomberg group keeps millions behind green wall; INTERNATIONAL: Hanwha and Baker Hughes developing ammonia gas turbines; LNG…
Read More...Trump’s move has sparked volatility in the commodities market. Oil prices rose, with WTI up 2.4% at $74.27 a barrel and Brent crude futures adding 1% to $76.40 a barrel. This post appeared first on Hart Energy.
Read More...Oil prices rose, with WTI up 2.4% at $74.27 a barrel and Brent crude futures adding 1% to $76.40 a barrel. This post appeared first on Hart Energy.
Read More...ONEOK had agreed to acquire the remaining stake in EnLink in November 2024 for $4.3 billion after having acquired the controlling interest a month prior. This post appeared first on Hart Energy.
Read More...Ovintiv closed its $2.3 billion acquisition of Paramount Resource’s Montney Shale assets on Jan. 31 after divesting Unita Basin assets for $2 billion last week. This post appeared first on Hart Energy.
Read More...SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney. This post appeared first on Hart Energy.
Read More...Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam. This post appeared first on Hart Energy.
Read More...Crescent Energy’s cash-and-stock acquisition of Carnelian Energy Capital Management-backed Ridgemar Energy includes potential contingency payments of up to $170 million through 2027. This post appeared first on Hart Energy.
Read More...is a roundup of marketed oil and gas leaseholds in Appalachia and the Central Basin from select E&Ps. This post appeared first on Hart Energy.
Read More...Infinity Natural Resources CEO Zack Arnold told Hart Energy the newly IPO’ed company will stick with Ohio oil, Marcellus Shale gas. This post appeared first on Hart Energy.
Read More...At a news conference, President Trump said that he would exclude oil from tariffs before backtracking to say that he “may or may not” impose duties on crude. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news, including two more solar farms in Texas. This post appeared first on Hart Energy.
Read More...The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon Mobil and Chevron continue to field intense demand for data-center power supply, driven by AI technology customers. This post appeared first on Hart Energy.
Read More...Viper Energy said that in addition to a $4.45 billion dropdown by Diamondback Energy, the company would also purchase royalty acreage in Howard County, Texas, for $330 million. This post appeared first on Hart Energy.
Read More...Hawaii’s State Energy Office called for more imports of liquefied natural gas (LNG) in a report released Friday aimed at tackling high electricity costs while continuing the development of renewable energy in the state. The report, which Democrat Governor Josh Green commissioned in May, stressed the need to reduce dependence on fuel oil and improve
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