Diversified Closes $377MM Oaktree Acquisition
The acquisition grows Diversified Energy scale, margins and free cash flow with the bolt-on of interests in Oklahoma, East Texas and Louisiana. This post appeared first on Hart Energy.
Read More...A Slippery Mess: Are Oil, Gas Interests Regulated Securities?
The murky overlap between securities laws and oil and gas interests could land individuals and companies on the wrong side of a securities-related investigation. This post appeared first on Hart Energy.
Read More...Texas Startup Hopes Fourth Time’s a Charm to Build First Big US Oil Refinery Since 1977
Element Fuels Holdings, a Dallas-area startup proposing to build the first all-new U.S. oil refinery in nearly 50 years, on June 6 said it was relaunching efforts to build a large plant in South Texas. This post appeared first on Hart Energy.
Read More...NextEra, Entergy to Develop 4.5 GW of Solar, Energy Storage Projects
NextEra Energy and Entergy entered a 5-year joint development agreement to accelerate development of projects in Arkansas, Louisiana, Mississippi and Texas. This post appeared first on Hart Energy.
Read More...Hunting for Growth: Petro-Hunt Digs Deeper into Delaware, Williston
Dallas-based Petro-Hunt, one of the nation’s largest private oil and gas producers, is drilling in the Permian and Williston basins—and keeping an eye out for accretive M&A. This post appeared first on Hart Energy.
Read More...Canada’s Oil Sands CEOs Push Back Against Proposed Oil, Gas Emissions Cap
The oil and gas sector is Canada’s highest-polluting industry, accounting for more than a quarter of all emissions. This post appeared first on Hart Energy.
Read More...Exclusive: ABS Moving Forward with Offshore CCUS Projects
Experts from offshore operator ABS discuss the company’s sustainability measures for marine and offshore industries and limitations with decarbonization techniques, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...Golden Pass LNG Likely Delayed After Engineering Firm Lays Off 4,400
An analyst estimated Golden Pass LNG’s in-service date could be set back six months and that the export terminal’s owners, Exxon Mobil and Qatar Energy, might try to retain workers formerly employed by Zachry Engineering. This post appeared first on Hart Energy.
Read More...Regional Banks Take Advantage of Large Lenders’ Oil, Gas Hesitancy
Regional banks are picking up market share and rallying the U.S. upstream sector. This post appeared first on Hart Energy.
Read More...Aker to Provide EPC Services for Azule Energy’s Angola Projects
Aker Solutions secured a long term frame agreement worth between $47 million and $142 million with Azule Energy to provide EPC services for brownfield projects and modifications for two FPSOs in Angola. This post appeared first on Hart Energy.
Read More...Profits (Earnings) for Most M-U Drillers Plunged in First Quarter
While oil-focused and large diversified drillers in the U.S. made healthy profits during the first quarter of this year (January through March), such was not the case for natural gas-focused drillers. RBN Energy tracks 43 exploration and production (E&P) companies that are publicly traded and reports of those 43 that the 16 oil-focused and 15…
Read More...CNX Gets “Radically Transparent” in Corporate Sustainability Rpt
Last November, CNX Resources CEO Nick Deiuliis signed a voluntary deal with Pennsylvania Gov. Josh Shapiro to expand drilling setbacks and several other regulatory steps not mandated for shale drillers under PA law (see CNX Signs Deal with PA Gov. to Increase Setbacks, Other Changes). Deiuliis and Shapiro held a news conference to make the…
Read More...Martins Ferry Council Pressures ODNR to Clean Up AMS Facility…NOW
We have been tracking and reporting on the drama surrounding Austin Master Services (AMS), a radiological waste management solutions company in Martins Ferry (Belmont County), Ohio, located close to the Ohio River (see our AMS stories here). Two weeks ago, a Belmont County Common Pleas Court judge ordered AMS to be fined $200 per day…
Read More...Post-Gazette Lib Editors Embrace Lithium from Frack Wastewater
Every now and again, the liberal Democrat editors of the Pittsburgh Post-Gazette publish an unsigned editorial (from the editors) that surprises us. Yesterday was another such instance when Post-Gazette editors said Pennsylvania should leverage frack wastewater to extract lithium, which can be used to make electric vehicle batteries for Joementia’s EV fantasies. The editors cited…
Read More...Dominion Drops RGGI Fee Added to Customer Bills in Virginia
In 2021, as he was running for Governor in Virginia, Glenn Youngkin pledged that if he won, he would remove the state from the onerous carbon tax on coal- and gas-fired power plants called the Regional Greenhouse Gas Initiative (RGGI). Youngkin kept his promise, although it took longer than he had hoped (and is still…
Read More...