Latest From Hart Energy
Woodside, Chevron Agree to Swap Oil, LNG Assets
Woodside and Chevron have entered an agreement that shifts interests in oil, LNG and carbon capture projects with Chevron also paying Woodside $400 million.
EY: Three Themes That Will Drive Transformational M&A in 2025
Prices, consolidation and financial firepower will push deals forward, says EY.
Power Co. Proposes NatGas Plants Near Texas Haynesville Shale
An American Electric Power (AEP) subsidiary plans to develop two natural gas-fired generation projects near the prolific Texas Haynesville shale play.
Health, Safety & Environment, Exports, Legislation, Tankers, Liquefied Natural Gas (LNG), Natural Gas
Analysts: DOE’s LNG Study Will Result in Few Policy Changes
However, the Department of Energy’s most recent report will likely be used in lawsuits against ongoing and future LNG export facilities.
Reliance Exercises Four-Well Option on Transocean Rig
Transocean Ltd. says the 270-day program will contribute about $111 million in backlog.
Oil States Closes $24.8MM Ship Channel Sale
Oil States International Inc. said proceeds from the “previously idled” Houston Ship Channel facility’s sale will be used toward debt reduction.
Petrobras Awards Seadrill Two Drillship Contracts Off Brazil
Seadrill said the West Jupiter and West Tellus contracts both have a three-year duration and will add nearly $1 billion to the company’s backlog.
Pipeline Tech Firm TDW Merges with Petro-Line
The move to merge with Canadian pipeline repair firm Petro-Line expands TDW’s service options for the midstream sector.
Legislation, Health, Safety & Environment, Infrastructure, Exports, Crude Oil, Natural Gas, Liquefied Natural Gas (LNG), Petrochemicals
Commentary: Maximizing the Opportunity for Energy Dominance
Energy produced in the U.S. already has a strong grip on global markets. But with the country on the cusp of a new regulatory environment, will the U.S. capitalize on the opportunity to maximize energy dominance?
NuVista Energy Temporarily Curtails Production After Plant Shutdown
NuVista Energy announced revised production guidelines following temporarily curtailing production in the Wapiti area of the Alberta Deep Basin.
Siemens Divests Power Electronics Business to ABB
Siemens Gamesa is selling its power electronics business Gamesa Electric to ABB but not including its generators business in the deal.
Logan Energy Closes Gran Tierra Joint Venture Acquisition
Logan Energy Corp. paid approximately $37 million for 50% working interests in Gran Tierra’s Simonette Montney assets and will assume operatorship.
East Daley: New Pipelines Could Open Permian Floodgates
Led by the opening of the Matterhorn Express, a slew of projects is set to battle regional bottlenecks in the Permian Basin region but power generation may be the catalyst for newly announced pipelines.
US Crude Stocks Fell Last Week as Exports Jumped, EIA Says
Crude inventories fell by 934,000 bbl to 421 MMbbl in the week, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.6-MMbbl-draw.
Powerhouse: Enbridge Boosting Renewables, NatGas to Meet Surging Demand
As the need for clean and lower-carbon power grows, Enbridge is among the companies taking an all-of-the-above approach.
Marketed: Slash Exploration Delaware Basin Opportunity
Slash Exploration Ltd. has retained EnergyNet for the sale of working interest participation in the Capitan 22301 27-22 State Com #20H wellbore in Lea County, New Mexico.
Brigham Exploration Grows Permian Footprint in Non-Op Assets Deal
Brigham Exploration is significantly adding to its Permian Basin non-operated portfolio with an acquisition of 7,000 acres from Great Western Drilling.
Jones Power Secures Contracts for Arizona Solar, BESS Projects
The developments, located outside of Phoenix and Tucson, have a potential capacity of 290 megawatts for the solar project and over 1 gigawatt for the BESS system, Jones Power said.
QatarEnergy Joins Joint Venture Offshore Namibia
QatarEnergy acquired a 27.5% stake in petroleum exploration license 90 offshore Namibia.
Exxon Mobil Targets $2B More Earnings from Low Carbon Solutions
Exxon Mobil executives say the pace of growth for areas such as CCS, hydrogen and lithium vary due to uncertainty.
DOE: ‘Astounding’ US LNG Growth Will Raise Prices, GHG Emissions
The Biden administration released Dec. 17 a long-awaited report analyzing the effects of new LNG export projects, which was swiftly criticized by the energy industry.
Permitting Reform Stalls in Congress Despite Industry Support
Both parties blamed each other for lack of action on proposed legislation favored by the energy industry.
IndustryVoice: The Weather Advantage: Leveraging Private Meteorological Insights for Oil and Gas Success
Private weather companies like StormGeo enhance safety, prevent infrastructure damage, and provide cost savings for oil and gas operations.
Novel EOR Process Could Save Shale from a Dry Future
Shale Ingenuity’s SuperEOR, which has been field tested with positive results, looks to remedy the problem of production declines.
DNO Makes Another Norwegian North Sea Discovery
DNO ASA estimated gross recoverable resources in the range of 2 million to 13 million barrels of oil equivalent at its discovery on the Ringand prospect in the North Sea.
EIA: Gulf Production Suffered from Eventful Hurricane Season
Oil and gas platforms under-produced in September and November, the Energy Information Administration reported.
APA Group to Build Pipeline in Expanding Australian Gas Play
APA Group will build and operate a 12-inch, 23-mile natural gas pipeline for a proposed 40-MMcf/d pilot drilling project in Australia.
NorthWestern Signs LOI to Power Montana Data Centers
NorthWestern Energy expects to generate 50 megawatts for datacenters beginning in 2027.
Natron Energy Appoints New CEO
Sodium ion battery technology company Natron Energy has appointed Wendell Brooks as the company’s new CEO to lead growth initiatives in 2025.
LongPath Ditches Up-in-the-Air Tech for Emissions Reduction Closer to Ground
LongPath Technologies has received a federal loan to develop a monitoring network and conditional approval from the state of New Mexico for use of its system at oil and gas operations.