Diversified Energy’s $106 million deal with Crescent Pass Energy comes during a prolonged dip in natural gas prices that some analysts expect to rebound as demand ramps up for LNG exports and power demand. This post appeared first on Hart Energy.
Read More...BPX CEO Kyle Koontz delves into development plans in the Permian, Eagle Ford and Haynesville. This post appeared first on Hart Energy.
Read More...Exxon Mobil, Hess and CNOOC are prepared to pump as much as $105 billion into the vast potential of the Stabroek Block. This post appeared first on Hart Energy.
Read More...ChampionX, which is being acquired by SLB for $7.7 billion, bought RMSpumptools Ltd. for about $110 million. This post appeared first on Hart Energy.
Read More...Shell Trinidad and Tobago Ltd. has taken FID on the Manatee cross-border gas field. Manatee will start production in 2027 and at its peak add 104,000 boe/d or 604 MMcf/d of natural gas to Trinidad’s production profile. This post appeared first on Hart Energy.
Read More...American energy continues to dominate as U.S. oil and natural gas are credited with playing a key role in meeting domestic and global energy demands in 2023. The Energy Institute’s (EI) 2024 Statistical Review of World Energy provides numerical insights into global energy production, consumption, trade, and emissions from 2023, and highlights the United States’
Read More...Devon Energy is digging deeper in the Williston Basin of North Dakota through a $5 billion deal with EnCap-backed Grayson Mill Energy. This post appeared first on Hart Energy.
Read More...Elevation Midstream and Platte River Holdings, a subsidiary of ARB Midstream, are merging to create a D-J Basin midstream company of scale. This post appeared first on Hart Energy.
Read More...Tropical storm Beryl made landfall in Texas as a Category 1. Life-threatening storm surges are expected to continue along the coast of Texas from Port O’Connor to Sabine Pass, including the eastern portion of Matagorda Bay and Galveston Bay, according to the National Hurricane Center. This post appeared first on Hart Energy.
Read More...During third-quarter 2024, Stratas Advisors are forecasting that the price of Brent crude will average $87.90 and the price of WTI will average $82.37. This post appeared first on Hart Energy.
Read More...The ending of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act satisfies an important condition needed to complete Crescent Energy Co.’s acquisition of SilverBow Resources. This post appeared first on Hart Energy.
Read More...Chevron and Shell have evacuated offshore platforms as Tropical Storm Beryl could grow into a Category 2 hurricane when it makes landfall in the Houston area on July 8. This post appeared first on Hart Energy.
Read More...When other E&Ps were packing up and exiting Oklahoma, Mach Natural Resources went all-in on the Midcontinent. Now Mach CEO Tom Ward says the company is exploring M&A options in other basins as competition and prices creep back up. This post appeared first on Hart Energy.
Read More...Port closures could temporarily halt crude oil exports, shipments of crude oil to refineries and motor fuels from those plants. This post appeared first on Hart Energy.
Read More...Here is a look at some of this week’s renewable energy news, including the latest on hydrogen in aviation. This post appeared first on Hart Energy.
Read More...