We’ve been tracking the up down up down up down situation at Freeport LNG (where some Marcellus/Utica molecules flow) since it came online in 2019. Freeport was mostly offline for the first half of this year following an episode of cold temps in January (see Freeport LNG Repairs Won’t be Done Until May – 2…
Read More...In August, we told you that most of Venture Global’s contracted customers for LNG from the company’s Calcasieu Pass LNG export facility in southwestern Louisiana’s Cameron Parish had filed for arbitration over Venture Global’s refusal to sell them cargoes under contract (see Shell, Edison, BP File for Arbitration Against Venture Global LNG). Instead, Venture Global…
Read More...As we’ve pointed out a number of times this year, the New York legislature (both chambers controlled by radical Democrats) passed a ban on “CO2 fracking” (uses carbon dioxide instead of water) back in March of this year (see Radicals Win in NY – Senate Passes Permanent Ban on CO2 Fracking). Yet, as we told…
Read More...MARCELLUS/UTICA REGION: Trump energy pick signals new direction in US policy, benefiting PA; Democrat Bob Casey concedes Pennsylvania Senate race to Dave McCormick; NATIONAL: SEC Chair Gary Gensler resigns, leaves legacy of division and crypto feuds; U.S. propane inventories well stocked heading into winter heating season; INTERNATIONAL: Miami financier is quietly trying to buy Nord…
Read More...ConocoPhillips CEO Ryan Lance said he expects synergies of more than $1 billion on a run rate basis over the next 12 months. This post appeared first on Hart Energy.
Read More...A coalition of oil and gas companies which cumulatively produce more than 40 percent of the world’s oil announced this month that they have reduced their upstream methane emissions by 55 percent and cut greenhouse gas (GHG) emissions from flaring by nearly half since 2017. The companies are members of the Oil and Gas Climate
Read More...Evan Smith, Stephens’ senior vice president for investment banking, describes growth in the company’s network of family offices, specifically those investing in the energy sector, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...RWE said it will acquire seven potential renewable projects in Indiana and Illinois. This post appeared first on Hart Energy.
Read More...Exxon Mobil Corp.’s new operations, in Baytown and Beaumont, will bring the company’s capacity to 500 million pounds per year. This post appeared first on Hart Energy.
Read More...Permian Basin producers may have to wait years for Texas utilities to grow the grid. This post appeared first on Hart Energy.
Read More...SolarBank Corp. is developing Stone Church, a 4.6-megawatt direct current ground-mount solar project in New York. This post appeared first on Hart Energy.
Read More...Permian Resources Co-CEO Will Hickey expects more growth in the Delaware Basin thanks to his company’s advantageous cost structure. This post appeared first on Hart Energy.
Read More...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. Unfortunately, the left-leaning…
Read More...Antis did their best, but their best wasn’t good enough. Mountain Valley Pipeline (MVP) victoriously began to flow up to 2 Bcf/d of Marcellus/Utica molecules in June (see Confirmed: M-U Gas Now Flowing Through Mountain Valley Pipeline). Construction of the project, which crosses steep mountains, has not been without its challenges, chief among them erosion…
Read More...Range Resources, the very first company to drill a Marcellus well back in 2004, leases office space in the Southpointe II business park in Cecil Township (Washington County), PA. Yeah, that Cecil, the one that has banned all new drilling by Range or anyone else via a 2,500-foot setback regulation (see Cecil Twp Supervisors Pull…
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