Latest From Hart Energy
WhiteWater-Led NatGas Pipeline Traverse Reaches FID
The Traverse natural gas pipeline JV project will give owners optionality along the Gulf Coast.
DOE Identifies 16 Sites for Rapid AI Data Center Growth
The Department of Energy is requesting details on potential development approaches to establish AI infrastructure at select sites.
Energy Transition in Motion (Week of April 4, 2025)
Here is a look at some of this week’s renewable energy news, including Maverick Metals securing funding to accelerate commercialization of proprietary critical metals recovery technology.
Acquisitive Public Minerals, Royalty Firms Shift to Organic Growth
Building diverse streams of revenue is a key part of growth strategy, executives tell Oil and Gas Investor.
US Oil Rig Count Rises to Highest Since June
Baker Hughes said oil rigs rose by five to 489 this week, their highest since June, while gas rigs fell by seven, the most in a week since May 2023, to 96, their lowest since September.
Battery Recycler Ecobat Marks Milestone with Three Plants Online
Ecobat has commissioned three lithium-ion battery recycling plants within the last 12 months and aims to scale its capacity to 25,000 tons.
Deep Fission, Deep Isolation Partner to Manage Nuclear Waste
Deep Fission plans to integrate Deep Isolation’s deep borehole repository technology into its operations.
Black Gold, LGX Find Multiple Pay Zones in Western Indiana
Black Gold Exploration Corp. and LGX Energy Corp. are working to start production at the Fritz 2-30 oil and gas well in Indiana within 60 days.
Brookfield Infrastructure Partners Buys Colonial Pipeline for $9B
Brookfield Infrastructure Partners LP has agreed to acquire Colonial Enterprises, the owner of the Colonial Pipeline, in a deal valued at $9 billion.
IndustryVoice: Buying & Selling Oilfield Products is Now as Easy as Shopping Online
Oilfield Marketplace (OFMP) provides suppliers with a powerful platform to reach thousands of potential customers, streamline sales, and enhance visibility without the need for a large Salesforce.
Matador Exits Eagle Ford Shale, Preps for ‘Turbulent Times’
Matador Resources Co. divested its Eagle Ford Shale assets “in preparation for turbulent times” but doesn’t expect tariffs to affect well costs until the second half of 2025.
Oklahoma E&P Canvas Energy Explores Midcon Sale, Sources Say
Canvas Energy, formerly Chaparral Energy, holds 223,000 net acres in the Anadarko Basin, where M&A has been gathering momentum.
‘Trump Effect’ Stalls Hydrogen FIDs, Already Killing Projects
Billions of dollars in capex have been dedicated to hydrogen projects. But some projects have yet to reach final investment decisions amid continued uncertainty surrounding the Inflation Reduction Act and hydrogen production tax credits.
Appalachia, Haynesville Minerals M&A Heats Up as NatGas Prices Rise
Several large Appalachia and Haynesville minerals and royalties packages are expected to hit the market as buyer interest grows for U.S. natural gas.
RPC Acquires Pintail Completions to Expand Permian OFS Operations
RPC Inc. paid $245 million in cash and other considerations for the wireline service provider.
Pennsylvania City to Turn Coal-Powered Plant into Gas-Fired Data Center Campus
Construction on the Homer City Generating Station is expected to start in 2026.
BKV Applies Refrac Playbook to Potential M&A Targets
BKV Corp. applies its refrac playbook—tried and true in the Barnett Shale—to potential M&A targets as it looks to gain contiguous acreage, Upstream President Eric Jacobson told Hart Energy at DUG Gas.
NatGas in Storage Continues to Rise on Moderate Weather Conditions
The lower 48 U.S. states added 29 Bcf of natural gas to storage for the week ending March 28, slightly higher than market expectations between 25 Bcf to 27 Bcf.
Oil Dives More Than 6%, Steepest Fall in 3 Years on Tariffs, OPEC+ Supply Boost
Oil prices swooned on April 3 to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S. President Donald Trump announced sweeping new import tariffs.
Venture Global Gets Final Approval to Fully Open Calcasieu Pass LNG
Venture Global has FERC permission to put the remaining facilities at its Calcasieu Pass LNG plant into service, placing an unknown status on arbitration hearings with its long-term customers.
BP’s Cypre Development Off Trinidad and Tobago Delivers First Gas
BP Trinidad and Tobago said the Cypre development is projected to deliver approximately 45,000 boe/d at peak.
LNG Canada Receives Cooling Cargo, Signals Project Start-Up
LNG Canada expects to start exporting LNG by the middle of 2025.
BKV Appoints Dilanka Seimon to New Chief Commercial Officer Position
BKV Corp. has created a new chief commercial officer position and placed industry veteran Dilanka Seimon in the role.
Belcher: Tariff Growing Pains Will Help US Achieve Energy Dominance
Tariffs may bring short-term pain, but Trump is aggressively pursuing goals that benefit the U.S., says Cornerstone Government Affairs’ Jack Belcher.
TotalEnergies Grows Renewables Portfolio with Project Acquisitions
TotalEnergies has entered into deals with RES, VSB Group and SN Power for assets in North America, Africa and Europe.
Northwind’s Sour Expansion Adds Room for Delaware Development
Midstream company Northwind Midstream expects to see treatment demand rise in Lea County, New Mexico, as Tier 1 plays mature and E&Ps look elsewhere to expand.
NGP Backs Wing Resources with $100MM to Buy Permian Mineral Interests
Wing Resources VIII, which is backed by NGP Royalty Partners III, will focus on acquiring “high-quality” mineral and royalty interests across the Permian Basin, the company said.
Boardwalk Project to Grow Southern Access for Appalachian NatGas
Midstream company Boardwalk Pipeline is holding an open season for future new capacity on the Texas Gas Transmission pipeline.
Exxon Mobil Vice President Karen McKee to Retire After 34 Years
Matt Crocker will succeed Karen T. McKee as vice president of Exxon Mobil and president of its product solutions company.
Paisie: How a World in Flux Impacts Oil Prices
Sanctions, tariffs and production strategies are buffeting crude markets as wild cards like tariffs and geopolitical conflicts make headlines.