Antero Midstream, a separate company from Antero Resources (at least on paper, although it is managed by the same people), issued a press release yesterday to announce it had purchased a bolt-on acquisition of gathering and compression assets in the Marcellus Shale for $70 million from Summit Midstream Partners. The assets acquired include two compressor…
Read More...Dominion Energy wants to build a liquified natural gas (LNG) storage facility in Person County, North Carolina, to enhance natural gas service reliability for residential and business customers in the growing region (see NC Residents Freak Out Over Proposed Dominion LNG Storage Tank). Dominion studied several potential sites and collected a boatload of data during…
Read More...The completion of its acquisition of NuStar Energy allows Sunoco to realize at least $150 million of expense and commercial synergies and at least $50 million per year of additional cash flow from refinancing activity. This post appeared first on Hart Energy.
Read More...Last week at the World Energy Congress, a global event hosting thousands of the world’s most important energy stakeholders in the Netherlands, executives, experts, and diplomats all repeated the same message: the world needs to lower carbon emissions without compromising the supply of oil and natural gas. Whilst oil and natural gas is diversifying, millions
Read More...Targa Resources expects to take a final investment decision for the Apex pipeline out of the Permian Basin before the end of the year. This post appeared first on Hart Energy.
Read More...The 3-megawatt facility in Texas is expected to become the world’s first commercial geopressured geothermal system when it’s commissioned in December. This post appeared first on Hart Energy.
Read More...The analyst said that “they don’t seem to be particularly good actors.” Ben Dell, Kimmeridge Energy Partners managing partner, told Hart Energy that “our reputation is unparalleled.” This post appeared first on Hart Energy.
Read More...Delta Minerals LLC has retained EnergyNet for the sale of non-producing minerals in Bent, Cheyenne and Kiowa counties, Colorado. This post appeared first on Hart Energy.
Read More...Phillips 66 looks to boost renewable fuels production by 67% through the end of the second quarter 2024 at its Rodeo complex in San Francisco while weighing a potential divestiture of its retail marketing businesses in Austria and Germany. This post appeared first on Hart Energy.
Read More...The Senate Budget Committee took the House Democrats’ political-theatre-esque investigation into energy companies and turned it into a complete political dud. At a hearing Wednesday intended to build off of the House Oversight Committee’s (HCOR) failed investigation into energy companies back in 2022, Democratic politicians and activist witnesses failed to produce anything of substance to
Read More...Diamondback Energy CEO Travis Stice tells analysts that the company’s nimble nature is among its top qualities, allowing for rapid growth and the successful integration of Endeavor Energy this year. This post appeared first on Hart Energy.
Read More...Enterprise Products Partners’ co-CEO disputed capex figures reported in the media regarding its Sea Port Oil Export Terminal. This post appeared first on Hart Energy.
Read More...SilverBow Resources’ 8,900-foot lateral was drilled in Live Oak County at the intersection of South Texas’ oil and condensate phases. It’s a first in the Chalk. This post appeared first on Hart Energy.
Read More...Comstock Resources’ four newest wells, which IP’ed at more than 35 MMcf/d, were landed at up to 19,400 feet total vertical depth. This post appeared first on Hart Energy.
Read More...With approval from the Federal Trade Commission, Exxon Mobil could close its $59.5 million acquisition of Pioneer Natural Resources after more than six months of review. This post appeared first on Hart Energy.
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