It’s a mass exodus of U.S. big banks leaving the awful Net Zero Banking Alliance (NZBA), a group of woke banks managed by the equally terrible United Nations. The NZBA is all about defunding fossil fuels. The UN apparently didn’t get the memo that the U.S. has reversed course and now supports fossil energy. Over…
Read More...NATIONAL: Improved efficiency is enabling record U.S. crude oil production from fewer rigs; Trump tells EU to buy more American-made oil and gas or face ‘tariffs all the way’; Ample supply, slow demand to temper oil price gains in 2025; Biden to ban more offshore oil drilling before Trump arrives; Antis launder donor-funded research through…
Read More...Delek Logistics continues to focus on bolstering its Permian Basin infrastructure holdings with the acquisition of Gravity Water Midstream. This post appeared first on Hart Energy.
Read More...U.S. oil and gas executives expect fewer regulatory headaches under Trump but some see oil prices sliding, according to the fourth-quarter Dallas Fed Energy Survey. This post appeared first on Hart Energy.
Read More...Policy experts weigh in on the next possible steps for President Joe Biden’s signature climate law, the Inflation Reduction Act, following the Trump-led Republican trifecta. This post appeared first on Hart Energy.
Read More...Pembina Gas Infrastructure closed a CA$420 million transaction to acquire interests in Whitecap Resources’ natural gas processing facility in Alberta, Canada. This post appeared first on Hart Energy.
Read More...An outage at Equinor’s Arctic facility, Hammerfest LNG, will temporarily close Europe’s largest LNG export facility. This post appeared first on Hart Energy.
Read More...A joint staff report from the House Oversight Committee and the Senate Commerce Committee published in October exposed, in part, activists’ effort to train judges in plaintiff-favorable climate liability research via the Environmental Law Institute. Now, the activists and donors have their eye on another institution that can be used to launder plaintiff-friendly research through
Read More...As the mission of energy security stays central for the incoming Trump administration and members of Congress, a new report released this week by the Senate Committee on Energy and Natural Resources and incoming chairman Senator John Barrasso of Wyoming highlights a key area of protecting that goal: restoring the credibility of the International Energy
Read More...Private-equity firm One Equity Partners said it purchased EthosEnergy to meet the growing maintenance needs of the gas power market. This post appeared first on Hart Energy.
Read More...For the week of Dec 16 – 22, permits issued in the Marcellus/Utica remained healthy. There were 27 new permits issued last week, up from 22 issued the week before. In something of an unusual twist, the Keystone State (PA) issued just four new permits, all of them to different drillers. PennEnergy Resources’ permit was…
Read More...This is an interesting pattern we’ve not seen in a long time for the venerable Baker Hughes rig count. The national rig count and the count for the Marcellus/Utica remained the same for multiple weeks in a row. The national count was 589 active rigs last week (now four weeks in a row). The M-U…
Read More...There was a last-minute roller coaster ride for the NYMEX “front month” natural gas price earlier this week. On Monday, the price soared to $3.936 per million British thermal units (MMBtus). It was the largest one-day dollar gain since Wednesday, Nov. 2, 2022, and the largest one-day percentage gain since Thursday, Jan. 27, 2022. Monday’s…
Read More...An undisclosed shale driller has asked the Ohio Oil and Gas Land Management Commission (OGLMC) to consider opening up an additional 4,360 acres of state-owned Egypt Valley Wildlife Area for shale drilling under the land. A new “nomination” for drilling was also sent to the OGLMC for 383 acres of Jockey Hollow Wildlife Area, located…
Read More...On Monday, pipeline giant Williams announced it had placed into full service the Southside Reliability Enhancement Project, an important expansion and modernization of the mighty Transco pipeline network in North Carolina and Virginia. The project adds a total of 423,400 dekatherms per day (423 MMcf/d) of fully contracted pipeline capacity, providing the ability to meet…
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