Sintana Reports Two Discoveries Offshore Namibia
Sintana Energy Inc. said the Mopane-2A well found gas condensate in one reservoir and light oil in a smaller one. This post appeared first on Hart Energy.
Read More...FERC Closes Out ’24 with Rulings to Boost LNG Supply
A trio of Federal Energy Regulatory Commission authorizations in the latter half of December allowed new LNG trains to begin operations or boosted gas supplies to the facilities. This post appeared first on Hart Energy.
Read More...Treasury’s New Hydrogen Tax Credit Regs Open Door to NatGas Producers
The U.S. Treasury Department’s long awaited 45V hydrogen tax credit will enable “pathways for hydrogen produced using both electricity and methane” as well as nuclear, the department said Jan. 3. This post appeared first on Hart Energy.
Read More...BP Flows First Gas from Greater Tortue LNG Project
Once fully commissioned, Phase 1 of the Greater Tortue Ahmeyim LNG project led by operator BP is expected to produce approximately 2.3 MMtonne of LNG annually. This post appeared first on Hart Energy.
Read More...Former IPAA Chair Steven Hinchman Dies at 66
During his time with IPAA, Steven Hinchman founded Scala Energy and became its president and CEO. This post appeared first on Hart Energy.
Read More...NatGas in Storage Shows YOY Drop for First Time Since 2022
Despite a drop in gas in storage, prices took a hit from forecasts of warmer-than-expected weather. This post appeared first on Hart Energy.
Read More...Biden Blocks Japan’s Nippon Steel from Buying US Steel for $14.9B
President Biden cited national security concerns in his decision, but Nippon Steel and U.S. Steel said the decision ignored the law and was motivated by politics. This post appeared first on Hart Energy.
Read More...US Oil, Gas Rigs Unchanged for Fourth Straight Week
The oil and gas rig count stayed at 589 in the week to Jan. 3. Baker Hughes said that puts the total rig count down 32 rigs, or 5% below this time last year. This post appeared first on Hart Energy.
Read More...Darbonne: The Power Grid Stuck in Gridlock
Greater power demand is coming but, while there isn’t enough power generation to answer the call, the transmission isn’t there either, industry members and analysts report. This post appeared first on Hart Energy.
Read More...ODNR Seeks $6M from Austin Master Services to Cover Cleanup Costs
One of the significant stories of 2024 in the Ohio Utica was about Austin Master Services (AMS), a radiological waste management solutions company in Martins Ferry (Belmont County), Ohio, that handles fracking waste (trucks it for disposal). AMS ran into trouble when it ran out of money. The Martins Ferry facility where waste is temporarily…
Read More...Anti-Shale Group Continues to Try and Block Apex Wells in SWPA
A leftist anti-fossil group calling itself Protect PT (Penn-Trafford), located in Westmoreland County, PA, backed with big money from Big Green groups, has for years challenged Penn Township ordinances that allow Apex Energy and Huntley & Huntley (now Olympus Energy) to drill and operate shale wells. Protect PT finally struck out (legally) at the Pennsylvania…
Read More...DT Midstream Closes on 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. In November, DTM announced it had cut a deal to buy three FERC-regulated interstate pipelines from Oklahoma-based ONEOK, Inc. for $1.2 billion (see DT Midstream Buys 2 Interstate Pipelines with M-U Connections). Two of the…
Read More...PA Gov. Shapiro Blames PJM Grid Operator for High Prices He Caused
In typical sleazy politician fashion, PA’s Democrat Governor, Josh Shapiro, is blaming someone else (the PJM grid operator, in this case) for problems that he and his predecessor have created. Shapiro recently filed a complaint with the Federal Energy Regulatory Commission (FERC) alleging PJM is mismanaging the grid and using inflated numbers that will cause…
Read More...PTT Investing $21.25B in 2025 to 2029, But Not in Ohio Cracker
This is your friendly (somewhat snarky) semi-regular reminder from MDN that the PTT ethane cracker project in Ohio is dead (see Facing Reality – PTT Ohio Cracker Plant Project is Dead). We periodically look for signs of life in the project, and it has been a flat line for YEARS. Nothing. Local and state leaders…
Read More...PA’s Incoming Republican AG Puts Anti on Energy Transition Ctte
We’ll be blunt. Incoming Republican Attorney General Dave Sunday is already a disappointment for us. He recently posted details of his transition team to a special website. The co-chair of the transition effort is former RINO Governor Tom Corbett. That’s one strike. While there are several good members on the Energy & Environment Committee, Corbett…
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