Enterprise bought Western’s 20% interest in Whitethorn and Western’s 25% interest in two NGL fractionators located in Mont Belvieu, Texas. This post appeared first on Hart Energy.
Read More...The combined Diamondback-Endeavor deal is expected to realize $3 billion in synergies and have 12 years of sub-$40/bbl breakeven inventory. This post appeared first on Hart Energy.
Read More...Stonepeak will acquire a 50% interest in Dominion Energy’s offshore wind project, which is expected to be the largest offshore wind farm in the U.S. This post appeared first on Hart Energy.
Read More...Chesapeake Energy issued its fourth quarter and full-year 2023 update yesterday, complete with commentary on what’s coming in 2024. And yes, there was some big news coming from that update. Some of the biggest news (that moved the entire market) is that while Chesapeake produced an average of 3.66 Bcfe/d (billion cubic feet equivalent per…
Read More...Finally, here’s a little good news to write about regarding the price of natural gas! The NYMEX front month futures contract yesterday started the day with a bang based on announcements from the previous evening (in advance of a conference call) from Chesapeake Energy that the company plans to scale back production by roughly 1…
Read More...The contours of how and why Equitrans Midstream decided to cut its MVP (Mountain Valley Pipeline) Southgate project in North Carolina are becoming apparent. We told you in January that Equitrans had decided to slice MVP Southgate in more than half (see Equitrans Slices MVP Southgate Pipe Project From 75 to 31 Miles). Now comes…
Read More...Democrats will never be satisfied until they tax you for breathing and even existing, which was perfectly illustrated by a proposal submitted by the Pennsylvania Dept. of Environmental Protection (DEP) to its so-called Climate Change Advisory Committee on Tuesday. Not satisfied to try and force a Marcellus-killing carbon tax (called the Regional Greenhouse Gas Initiative,…
Read More...Townships and local municipalities in Pennsylvania are now beginning to deal with a new issue, particularly where there is active natural gas drilling. For years, local towns in PA have dealt with the issue of zoning and where to allow gas drilling. A recent (past few years) development is that cryptocurrency “miners” are beginning to…
Read More...The billionaire-funded climate litigation campaign against American energy companies has accomplished little in the near decade since its start, with the cases mired in procedural issues and setbacks along the way. Recognizing this, it appears the leaders of the Rockefeller foundations – the central strategists and financial backers of the lawsuits – have decided to hedge their lawfare bets and pursue
Read More...The state of California recently issued proposed regulations to ban fracking outright, threatening thousands of jobs and billions in economic activity in the Golden State. The proposed rules, issued by the Department of Conservation’s Geologic Energy Management Division this month, fulfill a 2021 order from Gov. Gavin Newsom to issue regulations aimed at ending fracking
Read More...Venture Global files requests with the Federal Energy Regulatory Commission for Calcasieu Pass 1 and 2 before a potential vacancy on the commission brings approvals to a standstill. This post appeared first on Hart Energy.
Read More...As Transocean executives predicted during third-quarter earnings, the company is in the middle of an upcycle, with day rates and revenues reaching new heights. This post appeared first on Hart Energy.
Read More...Green Swan, an investment platform seeking to provide capital to countries signed on to the Paris Agreement, is courting U.S. investors to fund decarbonization projects in countries including Iran and Venezuela, its executives told Hart Energy. This post appeared first on Hart Energy.
Read More...Prairie Acquiror intends to use the notes offering to refinance outstanding debt under its existing term loan credit facility. This post appeared first on Hart Energy.
Read More...Diamondback Energy’s leadership changes follow the company’s previously announced $26 billion merger with Endeavor Energy. This post appeared first on Hart Energy.
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