Dividends Declared the Week of Oct. 28
Here is a compilation of dividends declared this week for select upstream, midstream and downstream companies. This post appeared first on Hart Energy.
Read More...Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges. This post appeared first on Hart Energy.
Read More...17 New Shale Well Permits Issued for PA-OH-WV Oct 21 – 27
For the week of Oct 21 – 27, there were 17 permits issued to drill Marcellus/Utica wells, up from 14 permits issued the prior week. The Keystone State (PA) had 12 new permits, with five going to Chesapeake Energy (now Expand Energy) in Wyoming County and two each for PennEnergy Resources (Beaver County) and Coterra…
Read More...Antero Resources Production Down 2%, Lost $20 Million in 3Q
Antero Resources, which is 100% focused on the Marcellus/Utica with over 500,000 net acres under lease (and the largest M-U driller in West Virginia), issued its third quarter 2024 update yesterday. The company reports net production averaged 3.4 billion cubic feet equivalent per day (Bcfe/d) during 3Q24, a decrease of 2% year-over-year. Of the company’s…
Read More...Williams Files with FERC to Expand Mighty Transco Pipe in Southeast
Last November, MDN brought you the news that pipeline giant Williams planned to proceed with a new Transco pipeline expansion project called the Southeast Supply Enhancement Project (see Transco Expansion to Add 1.4 Bcf/d Capacity to Flow M-U Gas South). The project was estimated to flow an extra 1.43 Bcf/d (billion cubic feet per day)…
Read More...Same Two Enviro Groups Sue Shell Cracker for 2nd Time in 17 Months
In May 2023, two radicalized Big Green groups—the Environmental Integrity Project (based in D.C.) and the Clean Air Council (based in Philadelphia)—filed a lawsuit against the Shell Polymers Monaca Plant (ethane cracker plant in Beaver County, PA), claiming the plant has repeatedly violated federal air pollution limits (see Radical Antis File Lawsuit Aiming to Shut…
Read More...Report: Natural Gas is the #1 Choice for Electric Grid Stability
Since 2014, the share of U.S. electricity generation from natural gas in the summer has increased every year, increasing from 29% in 2014 to 45% in 2024 (see U.S. NatGas-Fired Electricity Hit New Record High in Summer ’24). According to data from the U.S. Energy Information Administration (EIA), 43% of U.S. electricity was generated with…
Read More...Likely Data Ctr Elec. Demand in Exelon Territory Doubled This Year
Almost overnight, the conversation concerning power use in the U.S. changed. For years and years, electric power demand has been fairly static. Then, seemingly from nowhere, came the rise of AI and data centers, which are power-hungry. A year ago, we weren’t talking about data centers. Now, hardly a day goes by without a story…
Read More...Other Stories of Interest: Fri, Nov 1, 2024
NATIONAL: Oil futures benefit from stronger than expected U.S. fuel demand; Share of natgas production in U.S. tight oil plays increased over last decade; Will AI drive a nuclear renaissance, or a natural gas boom?; Ford to pause production of F-150 Lightning; SEC climate rule unlikely to survive a Trump victory; INTERNATIONAL: Oil jumps as…
Read More...United Kingdom’s Autumn Budget Brings Further Pain for the North Sea Oil and Gas Sector
On Wednesday, the Chancellor of the Exchequer of the United Kingdom, Rachel Reeves, delivered the Labour party’s first Budget since taking office, laying out her plans to “rebuild Britain” and “make every part of the country better off”. Yet, in a counterintuitive move, Reeves confirmed that the government will raise the Energy Profits Levy (windfall
Read More...Bitcoin Declines Rapidly: What The Future Holds For BTC
Bitcoin is the number 1 cryptocurrency in the market. Its price dance in various charts across different websites is one of the most viewed things in the world. It was first introduced into the market by Satoshi Nakamoto in 2008. It is currently the most popular cryptocurrency in the world. During the last week, Bitcoin
Read More...Is PONKE The Next Big Solana Memecoin To Watch For 2025?
In the crypto world, meme coins have been creating a huge surge recently. Not everybody wants to admit it, but meme coins are one of the main reasons behind the market growth. One such coin is the Ponke coin. Ponke is an extremely volatile meme coin operating on the Solana blockchain. It is widely known
Read More...Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil. This post appeared first on Hart Energy.
Read More...Bit Pro Reopro Review: Scam Or Legit Platform? Fact-Check!
Bit Pro Reopro is a cryptocurrency trading platform that employs advanced artificial intelligence to automate trading strategies, providing a potential solution for traders aiming to maximize their returns in the highly volatile crypto market. Its automated trading model is designed to analyze the crypto market in real time, allowing users to make informed trades without
Read More...ONEOK’s Acquisitions Pay Off with Increased Earnings
ONEOK Inc. also announced the completion of its $2.6 billion Medallion Midstream deal. This post appeared first on Hart Energy.
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