Instead of the energy transition, industry should focus on natural gas and nuclear to supply the energy of the future, Bryce says.
Bankers said there is caution among lenders and borrowers, but the energy sector has some advantages over other industries.
Tamboran Resources with help from APA Corp. and Helmerich & Payne is advancing its goal of producing 1.5 Bcf/d by 2035 from the Australian shale play.
Civitas Resources' production has doubled cashflow and increased production since its $5 million Permian purchase as a result of its extensive planning, says CFO Marianella Foschi in this Hart LIVE Exclusive.
With supportive funding from IRA on carbon capture and storage, now is time for energy companies to manage variables and push sequestration to benefit the environment, says GreenFront Energy Partners LLC managing director Robert Birdsey.
As U.S. shale inventory matures, industry experts have opposing views on what will happen next. Nick O’Grady, CEO of Northern Oil & Gas, said next moves are ‘challenging.’
While the Virginia Clean Economy Act means well, the total elimination of carbon has far reaching effects on other industries in the state, says Brett Vassey, CEO of Virginia Manufacturers Association.
Private equity firms are seeking to make money through the drill bit and by buying noncore assets that large companies are shedding, while family offices are starting to make more aggressive moves.
With its recent acquisition by a family consortium of family offices and financial institutions, PureWest is capitalizing on the "fairly unique deal" with its growth strategy going forward, says CEO Chris Valdez in this Hart Energy LIVE Exclusive.
Can Haynesville, Permian and Eagle Ford E&Ps meet skyrocketing gas demand to serve a host of new LNG projects on the Gulf Coast? These executives have concerns.