The Tennessee Valley Authority (TVA) is a federally-owned electric utility corporation in the U.S. TVA’s service area covers all of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small areas of Georgia, North Carolina, and Virginia. TVA is the sixth-largest power supplier and the largest public utility company in the country. In May 2023, TVA…
Read More...The NYMEX futures price for natural gas keeps climbing. Significantly. Last week, the “front month” contract for the NYMEX gained 46.8 cents per MMBtu (up 14% for the week). On Friday, the price closed at $3.748/MMBtu. The price soared 16.4 cents on Friday alone! Friday’s closing price was the highest since Monday, Jan. 9, 2023—in…
Read More...The dataheads (sounds better than geeks or eggheads) at the U.S. Energy Information Administration (EIA) published an interesting analysis on Friday detailing which states export the most and import the most electricity. In 2023, Pennsylvania exported 83.4 million megawatt-hours (MWh) of electricity to other states in the PJM electric grid. That’s roughly 26% of all…
Read More...Mark Mills is an author, formerly a Senior Fellow for the Manhattan Institute, and a frequent contributor to the Wall Street Journal. Mills is an energy expert that we’ve quoted on MDN many times. He’s one of our favorite authors and speakers. Mills recently gave a presentation to NACCO Industries, a Cleveland organization. In his…
Read More...MARCELLUS/UTICA REGION: PA PUC Chairman Stephen DeFrank appointed Chair of NARUC Committee on Gas; NATIONAL: 2025 natural gas forecast; Trump threatens to try to regain control of Panama Canal; U.S. shale nears limits of productivity gains; EPA head Regan, who championed environmental justice, to leave office Dec. 31; INTERNATIONAL: EU still relies on Russia for…
Read More...A novel direct drive system and remote pump monitoring capability boosts efficiencies from inside and out. This post appeared first on Hart Energy.
Read More...President-elect Donald Trump talks about reviving the famously controversial Keystone XL Pipeline while threatening tariffs on the nation where it originates This post appeared first on Hart Energy.
Read More...Northern Oil and Gas, responding to media reports that it has made two offers for Granite Ridge Resources, said it’s not engage in formal negotiations to buy the company. This post appeared first on Hart Energy.
Read More...Martin Resource Management Corp. is proposing to buy Martin Midstream Partners for $4.02 per common unit, with a vote scheduled for Dec. 30. This post appeared first on Hart Energy.
Read More...Canada’s Vermilion Energy Inc. will acquire Westrbrick Energy’s Alberta Deep Basin assets, including 700 locations, for CA$1.075 billion. This post appeared first on Hart Energy.
Read More...Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news, including billions of dollars in loan awards from the U.S. Department of Energy. This post appeared first on Hart Energy.
Read More...Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, according to people familiar with the matter. This post appeared first on Hart Energy.
Read More...STEP Energy Services has terminated its agreement with ARC Energy Fund 8 to go private in an all-cash transaction for CA$5 per share. This post appeared first on Hart Energy.
Read More...Enbridge estimates 1,650 bbl have leaked from its Line 6 before repair, an incident that has given fodder to opponents of another Enbridge project. This post appeared first on Hart Energy.
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