Expand Energy Announces $500MM Tender Offer for 2026 Notes
Expand also issued a conditional notice of redemption for all of its outstanding 8.375% Senior Notes due 2028. This post appeared first on Hart Energy.
Read More...IPAA, API, and Leading Trades Outline Key Energy Policy Priorities for the Incoming Administration
With the incoming Trump administration sure to impact the energy world, the U.S. oil and gas industry is working to put forward policy roadmaps to encourage a robust, competitive American energy sector. New comments and policy plans from the Independent Petroleum Association of America, the American Petroleum Institute, the National Ocean Industries Association, and the
Read More...Supermajors Ramp Up Biofuel Investments, Rystad Says
Between BP, Chevron, Shell, TotalEnergies, Exxon Mobil and Eni, the projects could add 286,000 bbl/d of production capacity, Rystad analysts said. This post appeared first on Hart Energy.
Read More...Gulf Coast, Midwest Hydrogen Hubs Land up to $2.2B in DOE Funding
The funding, awarded by the Department of Energy, is part of up to $7 billion the U.S. allocated to establish hydrogen hubs across the country. This post appeared first on Hart Energy.
Read More...DT Midstream Buys 2 Interstate Pipelines with M-U Connections
DT Midstream (DTM), headquartered in Detroit, owns major assets in the Marcellus/Utica region and in other regions, such as Haynesville. Yesterday, DTM announced it had cut a deal to buy three FERC-regulated interstate pipelines from Oklahoma-based ONEOK, Inc. for $1.2 billion. Two of the three pipelines flow Marcellus/Utica molecules to Midwestern markets. To view this…
Read More...UGI Sells Marcellus Gas-Fired Power Plant in NE Pa. to Castleton
UGI Corporation, a diversified energy company with midstream (pipeline) operations in the Marcellus and one of Pennsylvania’s largest utility companies, is selling its 169-megawatt natural gas-fired power plant near Wilkes-Barre, PA, to Castleton Commodities International for an undisclosed amount. The plant’s owner/seller is actually a wholly-owned subsidiary of UGI Corp. called UGI Energy Services. To…
Read More...NW Pa. Injection Well Leak Went Undiscovered for 109 Days
MDN is going to eat some crow with this story. In 2016, we called attention to efforts by neighbors (and anti-fossil fuelers) in Warren County, PA, in testing water sources near a wastewater injection well that had been operating since 2013 (see Concerned Citizens Test Water Near NWPA Injection Well, No Leaks). There had been…
Read More...MPLX “Sweet Spot” is Processing M-U Rich Gas and Producing NGLs
Greg Floerke In late 2015, MPLX (i.e., Marathon Petroleum) bought out and merged with the Utica Shale’s premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The “new” MarkWest, aka MPLX, plays on a much larger stage now, including ownership and operation of major assets in the Permian…
Read More...PA DEP Claims Permit Backlog for O&G Now Completely Eliminated
Permitting in Pennsylvania overseen by the Dept. of Environmental Protection (DEP) has been a hot mess for years. A Chapter 102 Erosion and Sedimentation permit sometimes takes two, three, or even six months for approval — instead of the policy-mandated 14 days. According to a DEP press release from yesterday, that’s all behind us now….
Read More...IOTA Surges 23% In The Last 7 Days Following Rebased Announcement: Everything You Need To Know
Key Takeaways: IOTA announces its new upgrade, Rebased, whose launch will be decided on the voting that takes place on 2nd December. Following the announcement, the IOTA token registered a growth rate of 23.05% in the last 7 days. The market sentiment for the IOTA token is “bullish” with the Fear & Greed Index value
Read More...IndustryVoice: Phoenix Capital Group’s Innovative Path to Success in the Williston Basin
In just five years, Phoenix Capital Group has combined technological innovation and a direct-to-investor financing approach to position itself as a leading operator in North Dakota’s Williston Basin. This post appeared first on Hart Energy.
Read More...Vistra to Offer Senior Notes for Equity Interest Repayment
Vistra Corp. said the proceeds from the offer will be used toward an early payout for the installment purchase of Avenue Capital Management II’s interest in Vistra Vision. This post appeared first on Hart Energy.
Read More...US Energy Secretary Nominee Chris Wright Champions Energy at DUG GAS
President-elect Donald Trump’s energy secretary nominee Chris Wright championed energy’s role in bettering human lives earlier this year on stage at Hart Energy’s DUG GAS Conference and Expo. This post appeared first on Hart Energy.
Read More...DT Midstream to Buy 3 Pipe Networks from ONEOK in $1.2B Deal
ONEOK plans to use the proceeds from the sale of the Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission to focus on other operational priorities. This post appeared first on Hart Energy.
Read More...Exclusive: MPLX Drives US NGL Growth with Propane Exports Reaching 2 MMbbl/d
MPLX Executive Vice President and COO Greg Floerke delves into the company evolution in Appalachia and the increase in its liquids exports and production scale, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
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