Paisie: Crude Prices Rising Faster Than Expected
Supply cuts by OPEC+, tensions in Ukraine and Gaza drive the increases. This post appeared first on Hart Energy.
Read More...Brett: Oil M&A Outlook is Strong, Even With Bifurcation in Valuations
Valuations across major basins are experiencing a very divergent bifurcation as value rushes back toward high-quality undeveloped properties. This post appeared first on Hart Energy.
Read More...Marketed: BKV Chelsea 214 Well Package in Marcellus Shale
BKV Chelsea has retained EnergyNet for the sale of a 214 non-operated well package in Bradford, Lycoming, Sullivan, Susquehanna, Tioga and Wyoming counties, Pennsylvania. This post appeared first on Hart Energy.
Read More...Defeating the ‘Four Horseman’ of Flow Assurance
Service companies combine processes and techniques to mitigate the impact of paraffin, asphaltenes, hydrates and scale on production — and keep the cash flowing. This post appeared first on Hart Energy.
Read More...Santos’ Pikka Phase 1 in Alaska to Deliver First Oil by 2026
Australia’s Santos expects first oil to flow from the 80,000 bbl/d Pikka Phase 1 project in Alaska by 2026, diversifying Santos’ portfolio and reducing geographic concentration risk. This post appeared first on Hart Energy.
Read More...Ozark Gas Transmission’s Pipeline Supply Access Project in Service
Black Bear Transmission’s subsidiary Ozark Gas Transmission placed its supply access project in service on April 8, providing increased gas supply reliability for Ozark shippers. This post appeared first on Hart Energy.
Read More...Hostile Capital Markets and Overregulation Are Risking Europe’s Economic and Energy Security
There are growing signs of an oil and gas corporate exodus from European capital markets as firms have faced growing financial and policy pressure to pivot away from fossil fuel production. But as Europe’s fiscal and regulatory hostility for oil and gas grows, so too does the risk that the region’s already-fragile energy security will
Read More...EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers
Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs. This post appeared first on Hart Energy.
Read More...Exclusive: Mitsubishi Power Plans Hydrogen for the Long Haul
Mitsubishi Power is looking at a “realistic timeline” as the company scales projects centered around the “versatile molecule,” Kai Guo, the vice president of hydrogen infrastructure development for Mitsubishi Power, told Hart Energy’s Jordan Blum at CERAWeek by S&P Global. This post appeared first on Hart Energy.
Read More...Benchmark Closes Anadarko Deal, Hunts for More M&A
Benchmark Energy II closed a $145 million acquisition of western Anadarko Basin assets—and the company is hunting for more low-decline, mature assets to acquire. This post appeared first on Hart Energy.
Read More...US Orders Most Companies to Wind Down Operations in Venezuela by May
The U.S. Office of Foreign Assets Control issued a new license related to Venezuela that gives companies until the end of May to wind down operations following a lack of progress on national elections. This post appeared first on Hart Energy.
Read More...Google Exec: More Collaboration Needed for Clean Power
Tech giant Google has partnered with its peers and several renewable energy companies, including startups, to ramp up the presence of renewables on the grid. This post appeared first on Hart Energy.
Read More...Europe Powers Ahead with New Natural Gas Plants as Energy Security Realities Set In
The increasing global demand for natural gas is being felt keenly in Europe, prompting billions in new investment and an uptick in the planning and permitting of natural gas plants. Amid geopolitically-driven commodity price spikes and governments’ growing energy security concerns, countries around the world are committing to build new natural gas power stations to
Read More...Report: Freeport LNG Hits Sixth Day of Dwindling Gas Consumption
With Freeport LNG operating at a fraction of its full capacity, natural gas futures have fallen following a short rally the week before. This post appeared first on Hart Energy.
Read More...Marketed: KJ Energy Operated Portfolio in East Texas
KJ Energy has retained TenOaks Energy Advisors for the sale of its operated portfolio located in East Texas. This post appeared first on Hart Energy.
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