Latest From Hart Energy

Glenfarne CEO Expects FID on Texas LNG by End of 2025

Glenfarne Energy Transition executives are waiting on a re-issue of a vacated FERC permit for Texas LNG.

AIQ, SLB Collaborate to Speed Up Autonomous Energy Operations

AIQ and SLB’s collaboration will use SLB’s suite of applications to facilitate autonomous upstream and downstream operations.

US Oil, Gas Rig Count Unchanged This Week

The oil and gas rig count was steady at 592 in the week to March 14. Baker Hughes said that puts the total rig count down 37, or about 6% below this time last year.

Energy Transition in Motion (Week of March 14, 2025)

Here is a look at some of this week’s renewable energy news, including a record-breaking year for solar capacity additions.

Kissler: Is it Time to Worry About Crude Prices?

Oil trends will hinge on China’s economy, plans to refill the SPR and how tariff threats play out.

Offshore Energy Projects Must Consider Jones Act’s Reach

Recent developments have extended the regulatory law’s reach from oil and gas activities on the Outer Continental Shelf to energy sources outside minerals—such as wind.

FERC Chair: Gas Needed to Head Off US Grid’s ‘Rendezvous with Reality’

Federal Energy Regulatory Commission Chairman Mark Christie is pushing natural gas to feed U.S. electrical grids before a “rendezvous with reality” occurs.

Sources: Citadel Buys Haynesville E&P Paloma Natural Gas for $1.2B

Hedge fund giant Citadel’s acquisition includes approximately 60 undeveloped Haynesville locations, sources told Hart Energy.

Williams Cos. COO Dunn to Retire

Williams Cos. COO Micheal Dunn was crediting with helping the company focus on a natural gas strategy.

Bottlenecks Holding US Back from NatGas, LNG Dominance

North America’s natural gas abundance positions the region to be a reliable power supplier. But regulatory factors are holding the industry back from fully tackling the global energy crisis, experts at CERAWeek said.

Murphy Oil Buys BW's Pioneer FPSO for $125MM

Murphy Oil Corp. is buying an FPSO from BW Offshore for $125 million.

USGS: 47 MMbbl of Oil, 876 Bcf of Gas in Conventional Rockies’ Basins

The U.S. Geological Survey surveyed areas where potential hydrocarbons in as yet undiscovered oil and gas formations in the Wind River, Bighorn and Powder River basins.

Trump Tariffs: Canada Looks East, West in Lieu of Exporting to US

“Don't be surprised if you see a lot of [Canadian] trade missions moving beyond North America,” an Ontario official said in a panel discussion on tariffs at CERAWeek by S&P Global.

Chevron Technology Ventures Would Like to See the Manager

Chevron Corp.’s Chevron Technology Ventures, which turns 25 this year, pays close attention to leadership teams when making investment decisions in technology startups.

Enverus Acquires Pearl Street Technologies to Help Bolster Grid

The acquisition of the spinout from Carnegie Mellon University strengthens Enverus’ suite of offerings as it expands deeper into power and energy transition solutions, the company says.

Northwind Midstream Puts Delaware Basin Plant Expansion in Service

Northwind Midstream, backed by Five Point Energy, plans to continue growing its gathering and processing and amine treatment facilities.

US NatGas Storage Withdrawal Beats Expectations

Natural gas demand comes in slightly higher than usual, despite warming weather, in the Energy Information Administration’s weekly report.

8 Rivers, Wood Sign Pre-FEED Deal for Wyoming Carbon Capture Project

8 Rivers Capital said pre-FEED activities are expected to be completed later in 2025.

Musk Layoffs Cut Workers Needed for Trump's Energy Dominance Agenda

Federal layoffs by Elon Musk’s Department of Government Efficiency are slowing permitting for energy projects, affecting Trump's agenda, officials say.

Building Pipelines in Blue States Requires Coalition of the Unusual

Former politicians say winning permits for pipelines in Democratic-leaning states requires uniting a diverse set of stakeholders—from civil rights activists to West Texas oilmen.

Golden Gate Capital Completes Stonehill Environmental Sale

Private equity firm Golden Gate Capital has completed the sale of energy infrastructure company Stonehill Environmental Partners for an undisclosed amount.

Burgum: Feds ‘Will Step In’ to Build Marcellus-to-New England Pipeline

Trump administration officials want to greenlight a pipeline to carry Marcellus Shale gas from Pennsylvania into New England states, says U.S. Interior Secretary Doug Burgum.

Williams’ CEO: Pipeline Permitting Costs Twice as Much as Steel

Williams Cos. CEO Alan Armstrong said U.S. states with friendlier permitting polices, including Texas, Louisiana and Wyoming, have a major advantage as AI infrastructure develops.

Avangrid Plans $20B Investment in US Grid Infrastructure

Avangrid CEO Pedro Azagra met with U.S. policymakers to discuss how growing energy demand requires a critical need to invest in energy infrastructure.

Wildcat Expanding Terminal Transporting Crude from Uinta to Gulf Coast

Wildcat Midstream has begun expanding its Helper export terminal for more capacity to take crude from the Uinta Basin to the Gulf Coast.

Enbridge Appoints Steven Williams to Chair of the Board

Enbridge has appointed Steven Williams to lead the board of directors following Pamela Carter’s retirement as chair.

Aethon: Haynesville E&Ps Hesitate to Drill Without Sustained $5 NatGas Prices

Operators are looking to the Haynesville to fill rising natural gas demand for U.S. LNG exports. Haynesville E&P Aethon Energy says producers need sustained higher prices to step up drilling.

BP Resets to NatGas as Energy Transition Takes a Backseat, CEO Says

BP CEO Murray Auchincloss said the company’s strategic shift will focus on natural gas and “the time has come for the Haynesville.”

Gibson, Baytex Energy Enter Infrastructure Partnership in Duvernay

Baytex Energy, in partnership with Gibson Energy, is building midstream infrastructure in the Pembina Duvernay play that is expected to be completed by fourth-quarter 2025.

Continental Resources Signs JV to Explore Shale Oil, Gas in Turkey

Early evaluations from the joint venture between Continental Resources, Türkiye Petroleum and TransAtlantic Petroleum suggest ultimate recoverable reserves could reach 6 Bbbl of oil and 32 Tcf to 65 Tcf of gas.