Latest From Hart Energy

First US-Owned LNG Tanker to Serve Puerto Rico

LNG Tanker American Energy takes on a new mission 31 years after its construction. 

China Stops US LNG Imports Following Shipping Tariff

The country, which put a 15% tariff on U.S. LNG imports, has gone more than 40 days without a delivery, the longest gap since 2023, according to a report from Bloomberg.

Market Volatility Sidelining Some Energy Investment

Needed permit reform will take time and general policy uncertainty could slow-play natural gas projects.

Meta, RWE Enter Offtake Deal from 200-MW Texas Solar Project

Meta will acquire 100% of the output from RWE’s Waterloo Solar project in Bastrop County.

Green Plains Begins Constructing Carbon Capture Equipment for Nebraska Project

The project, expected to start up in second-half 2025, will enable the permanent sequestration of about 800,000 tons of biogenic CO2 each year, Green Plains says.

Corrolytics Diagnoses Corrosive Microbes Before Symptoms Appear

Cleveland startup Corrolytics offers a solution to detect microbial corrosion rates on site and in near-real time—and head off a problem that costs trillions of dollars to industrial assets worldwide.

Partners Group to Buy California NatGas Power Plants for $2.2B

Partners Group will purchase 11 natural gas-fired power plants in California as well as battery energy storage systems from a fund managed by Avenue Capital Group.

US' EXIM Bank OKs $4.7B Loan for TotalEnergies Mozambique LNG Project

TotalEnergies’ Southern African LNG project had been delayed after unrest in Mozambique.

E&P Highlights: March 17, 2025

Here’s a roundup of the latest E&P headlines, from Shell’s divestment to refocus its Nigeria strategy to a new sustainability designation for Exxon Mobil’s first FPSO off Guyana.

APA's Apache Reports Another Oil Discovery on Alaska's North Slope

APA Corp. and its partners plan flow tests after the success of the Sockeye-2 exploratory well.

Sheffield: There are More US Oil Plays E&Ps ‘Need to Go After’

They may not be another horizontal Wolfcamp or Bone Springs play with tens of billions of barrels, but there’s more onshore E&Ps should explore, former Pioneer Natural Resources CEO Scott Sheffield told Hart Energy at the recent CERAWeek by S&P Global conference.

Equinor Begins Producing Gas at Development Offshore Norway

Equinor started production at its Halten East project, located in the Kristin-Åsgard area in the Norwegian Sea.

CNOOC Starts Production at Two Offshore Projects

The Caofeidian 6-4 Oilfield and Wenchang 19-1 Oilfield Phase II projects by CNOOC Ltd. are expected to produce more than 20,000 bbl/d of crude combined.

Chevron Buys 15.4MM Shares of Hess Stock on Open Market

Chevron Corp. reported that between January and March 2025 it purchased about 5% of Hess Corp. shares, according to a Securities and Exchange Commission filing.

PE Firm Voyager to Merge Haynesville OFS Firm with Permian’s Tejas

Private equity firm Voyager Interests’ Haynesville Shale portfolio company VooDoo Energy Services will merge with Tejas Completion Services as part of a transaction backing Tejas, Voyager said.

Energean Says Regulatory Approvals Delay Puts Carlyle Deal at Risk

Failure to meet these conditions may lead to the termination of the deal. 

Cheniere’s Corpus Christi 3 Ready to Begin LNG Production

Cheniere’s Corpus Christi LNG Stage 3 expansion project produced its first LNG in December.

What's Affecting Oil Prices This Week? (March 17, 2025)

The price of Brent crude could get a boost from Trump’s threats of sanctions on Russia, Iran and Venezuela, but it is doubtful it will break $72/bbl, Stratas Advisors says.

Baker Hughes to Supply Multi-Fuel Gas Tech to TURBINE-X

Baker Hughes will provide TURBINE-X with its NovaLT gas turbine is capable of running on different fuels including natural gas, various blends of natural gas and hydrogen.

US NatGas Dominance Collides with Permitting, Tariffs, Layoffs

Executives at BP, Sempra Infrastructure and the American Petroleum Institute weighed in on U.S. natural gas prowess and the obstacles that could stand in the way: snagged permitting, prohibitive steel tariffs and layoffs of federal workers needed to approve projects.

EOG Ramps Gassy Dorado, Oily Utica, Slows Delaware, Eagle Ford D&C

EOG Resources will scale back on Delaware Basin and Eagle Ford drilling and completions in 2025.

Then and Now: 4D Seismic Surveys Cut Costs, Increase Production

4D seismic surveys allow operators to monitor changes in reservoirs over extended periods for more informed well placement decisions. Companies including SLB and MicroSeismic Inc. are already seeing the benefits of the tech.

Diversified Energy Closes $1.3B Maverick Acquisition, Enters Permian

Diversified Energy Co. Plc completed its $1.3 billion acquisition of EIG-backed Maverick Natural Resources.

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.