Bunge, Chevron Announce FID on Oilseed Processing Plant
Bunge Chevron Ag Renewables’ facility will be used to manufacture low carbon renewable fuels from oilseed. This post appeared first on Hart Energy.
Read More...Antis Launch Ad Hominem Attack of Va. DEQ Director re MVP Work
In a new low, anti-fossil fuelers who have tried and failed to stop the Mountain Valley Pipeline in Virginia (now 99% done) are now attacking the reputation and character of the Director of the Virginia Dept. of Environmental Quality (DEQ), trying to slow things down with an ad hominem (“to the man” or “personal”) attack…
Read More...2 “Protesters” Locked to Car Block Road to MVP Construction Site
Once again, Big Green is attempting to illegally block the final bits of construction of the 303-mile Mountain Valley Pipeline as it travels through Roanoke County, VA. Yesterday, two “protesters” chained or otherwise attached themselves to an old (junk) car, a car made entirely from and with fossil fuels, blocking a road that leads to…
Read More...Chesapeake Brings Japanese “Just in Time” Concept to Gas Wells
Chesapeake Energy is embarking on a unique strategy to remain ready to ramp up production at a moment’s notice. It may be a strategy that others have used, but this is the first time we’ve read or heard about it. You’ve read here on MDN that a number of large Marcellus/Utica drillers are scaling back…
Read More...New Poll Shows 58% of PA Voters Oppose Biden’s LNG Export Ban
A new poll released by Axis Research and Pennsylvania Energy Infrastructure Alliance (PEIA) shows 58% of Pennsylvania voters disagree with Joe Biden’s infamous “pause” on approving new LNG export permits. Here’s the astounding part: 57% of poll respondents were Democrat and Independent voters! Yes, a majority of Democrats and Independents in PA disagree with old…
Read More...Freeport LNG Outage at Train 3 Continues Longer Than Predicted
In January, Freeport LNG said that one of its three liquefaction trains was offline and would remain offline for “about a month” due to a “technical issue” following a recent Arctic freeze that reached all the way to the Gulf Coast (see One of Three Freeport LNG Trains Offline for “About One Month”). The outage…
Read More...Question of Climate Litigation’s Merits Lands on SCOTUS’ Doorstep
American energy companies asked the U.S. Supreme Court last week to overturn a ruling that allowed Honolulu’s climate lawsuit against the industry to move forward. This is the first time the Supreme Court has had the opportunity to tackle the merits of the cases head-on, marking a milestone in the litigation campaign. Energy companies have
Read More...E&P Highlights: March 4, 2024
Here’s a roundup of the latest E&P headlines, including a reserves update and new contract awards. This post appeared first on Hart Energy.
Read More...Talos Closes $1.29B Acquisition of GoM E&P QuarterNorth
Talos Energy closed a cash-and-stock acquisition of QuarterNorth Energy, adding scale in the Gulf of Mexico. This post appeared first on Hart Energy.
Read More...RIC Energy Sells 20 MW of Solar Plants to Luminace
RIC Energy says the facilities are expected to provide 100% clean energy to more than 5,000 homes participating in the utilities’ community solar programs. This post appeared first on Hart Energy.
Read More...Exclusive: Despite Uncertainty, NatGas Balances Out
McKinsey and Co.’s Luciano Di Fiori says the natural gas market is capable of balancing itself out—despite LNG permit approval pauses, midstream constraints and dependence on oil production—in this Hart Energy LIVE Exclusive interview with Editorial Director Jordan Blum. This post appeared first on Hart Energy.
Read More...What’s Affecting Oil Prices This Week? (March 4, 2024)
For the upcoming week, Stratas Advisors expect the price of Brent will move sideways and will struggle to break through $85. This post appeared first on Hart Energy.
Read More...Boom! EQT is Curtailing 1 Bcf/d of Gas Production Effective Now
The country’s largest natural gas producer, EQT Corporation, headquartered in Pittsburgh and solely focused on drilling in the Marcellus/Utica, announced this morning it had sliced 1 billion cubic feet per day (Bcf/d) of its production because of the ongoing low price of natgas. Other companies have announced similar reductions, including a 25% reduction by Chesapeake…
Read More...Analyst Predicts Chesapeake/Southwestern Merger to Face Biden Delay
In early January, Chesapeake Energy and Southwestern Energy, two companies with major assets in the country’s two leading gas plays — the Marcellus/Utica and the Haynesville — announced an agreement to merge into one company (see Deal is Done! Chesapeake & Southwestern Announce $7.4B Merger). Such a merger would create the country’s largest natural gas…
Read More...Darth Vader (BlackRock) Buying New England Pipeline for $1.14B
The 295-mile Portland Natural Gas Transmission System (PNGTS) spans New England from the Canadian border to pipeline connections in New Hampshire, Maine, and Massachusetts. The system began operations in 1999 and is located between three major pipeline networks originating in Canada and the Southern U.S. TC Energy owns 61.7% of PNGTS. The remaining 38.3 percent…
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