Latest Hart Energy Exclusives
Apollo Acquires BP’s Gas Pipeline Stake for $1B
BP Pipelines holds a 12% interest in the Trans-Anatolian Natural Gas Pipeline (TANAP), which transports natural gas from Azerbaijan across Turkey.
Oxy, Looking to Cut Debt, Sells D-J Minerals to Elk for $905MM
Elk Range Royalties bought 250,000 net royalty acres in the Denver-Julesburg Basin for $905 million from Occidental Petroleum, which is looking to shed debt after last year's acquisition of CrownRock.
UK Gas Producer Energean Terminates Carlyle Deal Over Approval Delays
The company said that the two parties were unable to agree on an extension of the long-stop date beyond March 20 to meet the conditions of the agreement.
Energy Transition in Motion (Week of March 21, 2025)
Here is a look at some of this week’s renewable energy news, including a move by U.S. President Donald Trump to boost domestic production of critical minerals.
How DeepSeek Made Jevons Trend Again
As tech and energy investors began scrambling to revise stock valuations after the news broke, Microsoft Corp.’s CEO called it before markets open: “Jevons paradox strikes again!”
US Oil, Gas Rigs Rise for First Time in Three Weeks
Despite this week's rig increase, Baker Hughes said the total count was still down 31 rigs, or 5% below this time last year.
Hirs: America Confronts Sovereign Risk with Recession on the Horizon
The risk to U.S. oil and gas production comes from within, and a recession looms on the horizon.
Belcher: Texas Considers Funding for Abandoned Wells, Emissions Reduction
With uncertainly surrounding federal aid as the Trump administration attempts cost cutting measures, the state is exploring its own incentive system to plug wells and reduce emissions.
DOE Approves Venture Global’s CP2 LNG to Export to Non-FTA Countries
The U.S. Department of Energy approved Venture Global’s Calcasieu Pass 2 LNG project in Cameron Parish, Louisiana, to export LNG to non-FTA countries.
Trump Administration to Open More Alaska Acres for Oil, Gas Drilling
U.S. Interior Secretary Doug Burgum said the agency plans to reopen the 82% of Alaska's National Petroleum Reserve that is available for leasing for development.
RWE Slashes Investment Upon Uncertainties in US Market
RWE introduced stricter investment criteria in the U.S. and cut planned investments by about 25% through 2030, citing regulatory uncertainties and supply chain constraints as some of the reason for the pullback.
US Slaps Iran-Related Sanctions on Oil Tankers, China 'Teapot' Refinery
The U.S. issued new Iran-related sanctions, targeting entities including for the first time a Chinese "teapot," or independent refinery, and vessels that supplied crude oil to such processing plants.
Kinder Morgan’s Fore: Despite Hits, Pieces for Regulatory Reform Fall into Place
Kinder Morgan’s Vice President of Public Affairs Allen Fore said the current regime’s regulatory stance is the biggest change he’s seen in his lifetime.
Petrobras to Deploy Baker Hughes Completion Technology Offshore Brazil
Baker Hughes will be combining its completions technologies with conventional upper and lower completions solutions at Petrobras’ offshore developments.
TXO Partners CEO Bob R. Simpson to Retire
Gary D. Simpson and Brent W. Clum will serve as co-CEOs, effective April 1. Bob R. Simpson will remain chairman of the board, TXO said.
Golar LNG Signs $1.2B FLNG Gimi Debt Facility with Chinese Consortium
Golar has agreed to a $1.2 billion sale leaseback facility with a consortium of Chinese leasing companies for the refinancing of its existing FLNG Gimi debt facility.
LNG Leads the Way of ‘Energy Pragmatism’ as Gas Demand Rises
Coastal natural gas storage is likely to become a high-valued asset, said analyst Amol Wayangankar at Hart Energy’s DUG Gas Conference.
Energy Transfer Prevails Against Greenpeace, Wins $660MM in Damages
A jury in North Dakota has ruled in favor of Energy Transfer with a $660 million blow to environmental group Greenpeace.
Qcells, Nofar Join Forces for Texas Energy Storage Projects
The battery energy storage projects, located in Texas’ Reeves and Freestone counties, are expected to go online in 2027, Nofar USA says.
Pipeline Maintenance Drives Waha Negative, Again
Analysts predict plenty of natural gas demand on the Gulf Coast is coming as LNG operations ramp up.
Exclusive: Mesa Minerals IV to Reload in Haynesville, Permian, Other Basins
Mesa Minerals IV, backed by NGP funds, is launching to acquire mineral and royalty interests in the Permian and Haynesville, said Mesa President and CEO Darin Zanovich at DUG Gas.
Voyager Midstream Closes on Panola Pipeline Interest Deal
Pearl Energy Investments portfolio company Voyager Midstream Holdings has closed on its deal with Phillips 66 for its non-op interest in the Panola Pipeline.
Sabine Oil & Gas to Add 4th Haynesville Rig as Gas Prices Rise
Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.
SK On to Supply Nissan Nearly 100 GWh of Batteries
SK On’s batteries will power Nissan’s next-generation EVs to be produced at its Canton, Mississippi, assembly plant.
Rocky Mountain Power Clears Torus as Commercial Battery Provider
The approval means Torus is certified to deploy up to 1.2 megawatts for grid-scale energy storage systems across the PacifiCorp service territory, Torus says.
Excelerate Energy, Petrovietnam Gas Sign MOU to Secure US LNG
Excelerate Energy Inc. and Petrovietnam Gas Joint Stock Corp. are collaborating to secure LNG from the U.S. as early as 2026.
Segrist: Permit Reform Rumbles as US Seeks to ‘Unleash American Energy’
The White House has called for changes to a heavily criticized system, but new rules require a lot more work.
Vitol Boosts Upstream Presence in West Africa with $1.65B Deal
Vitol is acquiring oil and gas E&P assets in Cote d’Ivoire and the Republic of Congo from Eni for $1.65 billion.
South Texas LNG Projects Get FERC Permits Back
The court that vacated Glenfarne’s Texas LNG and NextDecade’s Rio Grande LNG permits in the summer has reinstated the documents while the government amends the originals.
Apollo Buys Majority Stake in OEG Energy Group
Funds managed by affiliates of Apollo Global Management Inc. are acquiring a majority stake in OEG Energy Group from Oaktree Capital Management LP.