Latest From Hart Energy
Streaming On-Demand: Expand Shifts to Just-in-Time NatGas TILs
Expand Energy’s just-in-time TIL model—turning new wells inline into sales—could shorten receipt of returns by up to two years.
Impacts of Trump’s Tariffs on North American Energy Markets
On March 6, President Trump granted exemptions on tariffs for numerous goods imported from Mexico and Canada until April 2, when Trump intends to impose another set of retaliatory tariffs on various countries. What are their immediate and long-term impacts and how can companies mitigate their effects?
Venture Global Plans $18B Plaquemines LNG Expansion
Venture Global’s planned $18 billion expansion of Plaquemines LNG will bring the export facility’s production capacity to 45 million tonnes per annum.
CNOOC Makes Oil, Gas Discovery in Beibu Gulf Basin
CNOOC Ltd. said test results showed the well produces 13.2 MMcf/d and 800 bbl/d.
Emissions, CCS/CCUS, Carbon Management, Natural Gas, Power Generation/Powergen, Liquefied Natural Gas (LNG), Crude Oil
Baker Hughes, Woodside Partner to Scale Net Power Platform
Net Power’s platform uses natural gas to generate power while capturing nearly all CO2 emissions, Baker Hughes said in a news release.
Amplify Updates $142MM Juniper Deal, Divests in East Texas Haynesville
Amplify Energy Corp. is moving forward on a deal to buy Juniper Capital portfolio companies North Peak Oil & Gas Holdings LLC and Century Oil and Gas Holdings LLC in the Denver-Julesburg and Powder River basins for $275.7 million, including debt.
Trade War! Or Maybe Not
An energy industry that prefers stability gets hit with whiplash as it attempts to adjust to the Great Disruptor taking over the White House.
Ring Sells Non-Core Vertical Wells as it Closes in on Lime Rock
Ring Energy Inc. said it sold non-core vertical wells with high operating costs as it works to close an acquisition of Lime Rock Resources IV’s Central Basin Platform assets.
Mexico Won't Have to Pay Tariffs on USMCA Goods Until April 2, Trump Says
President Trump paused tariffs on Mexico—again—this time for one month.
Google, SLB, Project Innerspace Form Geothermal Partnership
The geothermal partnership between Google Cloud, SLB and Project Innerspace takes shape as energy demand surges, driven in the U.S. by data center growth, the rise of electrification and an increase in manufacturing activity.
EIA Reports Smaller than Expected NatGas Withdrawal-Analysts
A mild end to February shows a surprising demand decrease for natural gas, according to analysts citing U.S. Energy Information Administration data.
Tidewater Sells Canadian Roadway Network for CA$24MM
Canadian midstream company Tidewater Midstream and Infrastructure plans to use proceeds to pay down debt.
Electron Gold Rush: ‘White Hot’ Power Market Shifts into High Gear
Tech companies are scrambling for electrons as AI infrastructure comes online and gas and midstream companies need to be ready, Energy Exemplar CEO says.
Shale Plays, Business, Natural Gas, Crude Oil, Liquefied Natural Gas (LNG), Exploration & Production, Acquisitions & Divestitures, Policy & Regulations, Drilling
Lone Star State of Mind: Rockcliff Energy III Sets Sights on Texas Shale Assets
Rockcliff Energy III Executive Chairman Alan Smith and CEO Sheldon Burleson have their Quantum Capital-backed company’s Texas-sized ambition focused on the western Haynesville and the Eagle Ford.
Paradoxes and Power: Why DeepSeek AI May Be Good News for Energy
The lower cost and power demand of DeepSeek could be a positive for AI adoption and result in increased proliferation and demand, an analyst said.
Barnwell Enters Deal to Sell Water Resources Subsidiary
Barnwell Industries Inc. has entered a non-binding agreement to sell its water well drilling subsidiary Water Resources International Inc. to an undisclosed buyer.
ChampionX’s Aerial Optical Gas Imaging Platform Secures EPA Approval
ChampionX Corp.’s aerial optical gas imaging platform combines optical technology with a gimbal system to detect and locate methane leaks.
Devon Energy’s John Krenicki to Retire from Board
Krenicki plans to focus on his full-time responsibilities as vice chairman at private equity firm CD&R, Devon Energy said
New Jersey’s HYLAN Premiers Gas, Pipeline Division
HYLAN’s gas and pipeline division will offer services such as maintenance, construction, horizontal drilling and hydrostatic testing for operations across the Lower 48
Enbridge Plans $2B Upgrade for Mainline Crude Pipeline Network
New tariffs imposed by President Trump are unlikely to affect Enbridge’s Canadian and U.S. operations, CEO says.
Chord Announces $750MM Notes Offering to Reduce Debt
Chord Energy said it will use part of the funds to reduce its credit facility borrowings. The company is also looking to sell its Marcellus non-operated gas interests.
Restructurings, Finance, Crude Oil, Natural Gas, Natural Gas liquids (NGL), Acquisitions & Divestitures
Phillips 66’s Brouhaha with Activist Investor Elliott Gets Testy
Mark E. Lashier, Phillips 66 chairman and CEO, said Elliott Investment Management’s proposals have devolved into a “series of attacks” after the firm proposed seven candidates for the company’s board of directors.
McDermott Completes Project for Shell Offshore in Gulf of Mexico
McDermott installed about 40 miles of pipelines and connections to Shell’s Whale platform.
DOE Approves Non-FTA Permit Extension for Golden Pass LNG
Golden Pass LNG will become the ninth U.S. LNG export facility following the U.S. Department of Energy’s approval for an extension of its non-free trade agreement permit.
Could EPA’s GHG Rule for Power Plants Give CCS a Boost?
Economics and policy are impacting the pace of carbon capture and storage project growth in the U.S. but some companies are pressing ahead.
Liberty Bolsters Mobile Power Business with Acquisition of IMG Energy
Liberty Energy Inc. said March 5 it had purchased IMG Energy Solutions as the company expands its mobile power business.
The Wall: Uinta, Green River Gas Fills West Coast Supply Gaps
Gas demand is rising in the western U.S., and Uinta and Green River producers have ample supply and takeaway capacity.
TotalEnergies, Skyborn Commission Yunlin Wind Farm Offshore Taiwan
Located about 15 km off Taiwan’s west coast, Yunlin consists of 80 wind turbines.
US Tariffs on Canada, Mexico Hit an Interconnected Crude System
Canadian producers and U.S. refiners are likely to continue at current business levels despite a brewing trade war, analysts say.
CCS/CCUS, Emissions, Carbon Management, Policy & Regulations, Joint Ventures, Pipelines, Artificial Intelligence
California Resources Continues to Curb Emissions, This Time Using CCS for Cement
California Resources’ carbon management business Carbon TerraVault plans to break ground on its first CCS project in second-quarter 2025.