NATIONAL: U.S. associated natural gas production increased nearly 8% in 2023; Republican sweep opens way to boost oil and gas development; People first energy policy is a winning issue for Trump and the GOP; INTERNATIONAL: Shell urges court not to halt UK North Sea oil and gas projects; Global carbon emissions estimated to have set…
Read More...Key Takeaways: Oil demand decreased causing rapid price fall in the market. The rise in USD value following Trump’s victory contributed to the rapid oil price drop. As more and more NEVs are adopted, oil consumption is rapidly dwindling in China, one of the top oil consumers of the past. As the tensions in the
Read More...Key Takeaways: Dogwifhat (WIF) coin has officially been listed on Coinbase following PEPE. Following the listing, the coin surged 35.6% in the last 24 hours. Market sentiment for the coin is bullish with the Fear & Greed Index indicating “Extreme Greed”. The famous meme coin, Dogwifhat (WIF) has surged more than 35% in the last
Read More...Key Takeaway: The recently launched ACT token surges 2677.78% in the market in 5 days. With the sudden growth spurt, the market capitalization of the token climbs over $790M. The market sentiment of the token remains “Bullish” with the coin now ranked #96 in the crypto market. Act I The AI Prophecy (ACT) is commonly
Read More...EQT CEO Toby Rice highlights natural gas’ potential to achieve the energy trifecta, affordability, reliability and zero carbon, with the help of carbon capture technology, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...Lyten said it plans to invest up to $20 million to convert the 119,000-sq-ft facility, in San Leandro, California, to produce lithium-sulfur batteries. This post appeared first on Hart Energy.
Read More...Oklo Inc. is working to deliver up to 750 megawatts from site-based fission units, with the first deployment anticipated in 2027. This post appeared first on Hart Energy.
Read More...With $3.95 billion in Permian M&A, Coterra is adding new Delaware Basin locations in the Bone Spring, Harkey and Avalon benches—and eyeing upside from deeper zones. This post appeared first on Hart Energy.
Read More...Infrastructure development in the Appalachia region could also benefit from greater legislative certainty. This post appeared first on Hart Energy.
Read More...In January, MDN brought you the news that the Pennsylvania Dept. of Environmental Protection (DEP) approved a plan by Catalyst Energy to convert an existing conventional gas production well on Route 646 in Cyclone (Keating Township, McKean County, PA) into a shale wastewater injection well (see PA DEP Approves Shale Wastewater Injection Well in McKean…
Read More...Ascent Resources, founded as American Energy Partners by gas legend Aubrey McClendon, is a privately held company focusing 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. The company issued its third quarter 2024 update last…
Read More...EOG Resources, one of the largest oil and gas drillers in the U.S. (with international operations in Trinidad and China), owns nearly a half million acres of leases in the Ohio Utica. EOG calls its position the “Ohio Utica combo play” and now considers it one of the company’s “premium plays.” EOG concentrates on oil…
Read More...We’ve written a number of times about the Ohio Utica Shale and its beginnings with gas legend Aubrey McClendon, who, as CEO of Chesapeake Energy, was one of (if not THE) first to recognize the Utica as an oil play. However, it was a successor company, Encino Energy, that figured out how to coax large…
Read More...On November 8, 2024, FMR LLC, also known as Fidelity Investments, acquired 52,419 additional shares of Range Resources Corp. (RRC)—the very first and still one of the largest drillers in the Marcellus Shale. The acquisition increased FMR’s total holdings in the company to 27,478,205 shares, reflecting a significant commitment to Range. FMR is one of…
Read More...The upcoming COP29 summit is to be hosted in Azerbaijan this year. There will likely be delegates from more than 200 countries to be present in Baku, the country’s capital for this summit. It is in session as of November 11 and is expected to last until the 22nd of this month. This year, the
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