SBM will construct and install a floating production, storage and offloading vessel for TotalEnergies alongside its partner Technip Energies, the company said. This post appeared first on Hart Energy.
Read More...Rumored to be a potential buyer in the Permian Basin, Ovintiv instead struck a deal for lower-cost oil and condensate assets in Alberta’s Montney Shale. This post appeared first on Hart Energy.
Read More...Occidental Petroleum CEO Vicki Hollub said the next president will be positive for the U.S. energy industry, especially direct air capture. This post appeared first on Hart Energy.
Read More...The U.S. Energy Information Administration’s weekly report shows a 42 Bcf increase of natural gas in storage, matching expectations. This post appeared first on Hart Energy.
Read More...Baker Hughes and SOCAR expect to recover flare gas equivalent up to 7 million normal cu. m of methane per year and further reduce CO2 emissions by up to 11,000 tons per year. This post appeared first on Hart Energy.
Read More...Williams delivered its third quarter update last week. The company is working overtime to expand its extensive network of natural gas pipelines. Quick fact: Did you know that Williams’ pipeline network handles about one-third of U.S. natural gas? Massive! And it’s only going to grow, according to CEO Alan Armstrong, who said: “Not only do…
Read More...We continue to mourn the loss of Cabot Oil & Gas (100% focused on the Marcellus in northeastern PA) following its merger with Cimarex Energy (an oil driller focused on the Permian and Anadarko basins) in 2021 (see Cimarex Takes Over Cabot, Merged Co. Called “Coterra Energy”). The time and focus and creative thinking and…
Read More...Two weeks ago, MDN brought you the news that Christmas had come early with the announcement of a plan to build the country’s largest natural gas-fired power plant at a proposed data center site in Pittsylvania County, Virginia (see Massive Data Center with 3,500 MW Gas-Fired Plant Proposed for Va.). Balico, LLC applied to rezone…
Read More...Epsilon Energy issued its third quarter 2024 update last week. Epsilon, a relatively small company, used to concentrate most of its effort on developing Marcellus Shale wells. However, over the past few years, the company has expanded into other plays and now owns assets in the Anadarko (Oklahoma and Texas), the Permian (Texas and New…
Read More...Some 15 months ago, WhiteHawk Energy, headquartered in Philadelphia with ownership of mineral and royalty interests for over 1 million gross unit acres and over 3,400 producing horizontal shale wells between the Marcellus and the Haynesville, proposed marriage to PHX Minerals, based in Fort Worth, Texas, owner of 75,000 leased mineral acres principally located in…
Read More...Lee Zeldin Two days ago, MDN told you the great news that President Trump will nominate New York State’s own Lee Zeldin to lead the viper’s nest known as the Environmental Protection Agency (see Trump to Tap NY’s Lee Zeldin to Head EPA; Climate Radicals Enraged). The left’s heads have been exploding all week long…
Read More...NATIONAL: U.S. associated natural gas production increased nearly 8% in 2023; Republican sweep opens way to boost oil and gas development; People first energy policy is a winning issue for Trump and the GOP; INTERNATIONAL: Shell urges court not to halt UK North Sea oil and gas projects; Global carbon emissions estimated to have set…
Read More...Key Takeaways: Oil demand decreased causing rapid price fall in the market. The rise in USD value following Trump’s victory contributed to the rapid oil price drop. As more and more NEVs are adopted, oil consumption is rapidly dwindling in China, one of the top oil consumers of the past. As the tensions in the
Read More...Key Takeaways: Dogwifhat (WIF) coin has officially been listed on Coinbase following PEPE. Following the listing, the coin surged 35.6% in the last 24 hours. Market sentiment for the coin is bullish with the Fear & Greed Index indicating “Extreme Greed”. The famous meme coin, Dogwifhat (WIF) has surged more than 35% in the last
Read More...Key Takeaway: The recently launched ACT token surges 2677.78% in the market in 5 days. With the sudden growth spurt, the market capitalization of the token climbs over $790M. The market sentiment of the token remains “Bullish” with the coin now ranked #96 in the crypto market. Act I The AI Prophecy (ACT) is commonly
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