Environmental activists who have cheered the ongoing power transition in the United Kingdom — which went a record 18 days and 6 hours of powering its electric grid without using coal — are overlooking an inconvenient fact for their cause. The UK was able to maintain its grid stability by increasing its use of natural
Read More...Massachusetts Attorney General Maura Healey is in the hot seat over her use of two privately-funded attorneys in her state government office whose work is focused on clean energy, climate change, and prosecuting oil and gas companies. The attorneys are paid via a $6 million grant from billionaire and former New York City Mayor Michael
Read More...During the first quarter of 2019, both oil and natural gas production in Ohio’s Utica Shale saw decreases from the fourth quarter of 2018, according to the Farm and Dairy. The Ohio Department of Natural Resources Division of Oil and Gas Resources Management reported 5,073,536 barrels of oil and 609,452,391 Mcf (609 billion cubic feet)
Read More...The activists at Oil Change International said they wanted to dispel what they call the “myth” that American natural gas is a solution to climate concerns in their latest report on our clean energy future. Instead, they relied on and repeated their own tired “Keep It In the Ground” (KIITG) myths while ignoring key data
Read More...There is more good news for Americans looking to start a career in the oil and natural gas industry: Petroleum engineering tops the list of highest-paid college majors in 2019, according to CNBC. The network analyzed census data from career planning site Zippia on graduates with 174 majors, and the results are clear: “When looking
Read More...It’s a bright day for Fort Lauderdale. Despite a full-court press by climate activists, city officials have decided not to pursue a climate liability lawsuit. This is a blow for climate activists, who are hoping to expand their litigation campaign into Florida. Over the past six months, lawyers and environmental groups have devoted considerable time and
Read More...The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions. Maverick Natural Resources LLC retained EnergyNet for the sale of South Texas and Gulf Coast assets through auctions closing June 12. The offer, comprised
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Combined-cycle natural gas power plants offer lower cost electricity than anything else, especially renewables, the true costs of which are never counted. Our friends at the Institute of Energy Research have come out with a study that finally examines the true costs of renewables, including their impacts on
Read More...KPMG’s Regina Mayor spent a few minutes with Jessica Morales ahead of the 2019 Global Energy Conference. In this video interview Mayor, who is the global and U.S. sector leader for energy and natural resources, previewed what she plans to discuss with former Secretary of State Rex Tillerson. Mayor said she will discuss The Honorable
Read More...Brazilian multinational corporation Petrobras Monday launched the sale of two sets of onshore concessions, Kallanish Energy learns. The concessions are located in the northeastern state of Bahia, where Petrobras is operator and fully owns all but two concessions. The deadline for applications is Jun. 24. The Recôncavo Cluster is comprised of 14 onshore fields, which last year
Read More...Crude oil futures ended Monday’s trading session lower after unsettled trading, as Saudi comments indicated Opec+ would extend supply cuts supported prices, but concerns U.S. tariffs on China and Mexico would hurt demand weakened the market. Opec+, which includes most Opec members, along with a number of non-producers led by Russia, since Jan. 1, has
Read More...Argentine oil company YPF SA said it’s now loading the first shipment of liquefied natural gas for export from the South American country, Kallanish Energy reports. The shipment includes 30,000 cubic meters (1.06 million cubic feet, or Mmcf) of LNG from the Vaca Muerta Shale play, YPF said, in a statement. “This is the first
Read More...Based on the combined value of energy exports and imports, Canada is the largest energy trading partner with the United States, according to the U.S. Energy Information Administration. Canada is the second-largest importer of energy from the United States, in terms of trade value, behind only Mexico. Energy exports accounted for about 8% of the
Read More...Medium-sour crude from the U.S. Gulf of Mexico are being snapped up by overseas buyers, paving way for a record six supertankers to load at the Louisiana Offshore Oil Port (LOOP) in a matter of weeks, according to people familiar with the matter. The six scheduled loadings in late May and early June would double
Read More...Minnesota court ruled on Monday that Enbridge Inc.’s environmental impact statement for replacement of its Line 3 oil pipeline is inadequate, raising the possibility of further delays. The Line 3 project would double current capacity to 760,000 barrels per day (bbl/d) of Canadian crude from Alberta to Wisconsin, providing much-needed relief from congestion on existing
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