Latest From Hart Energy
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.
Nabors Closes $370MM Parker Wellbore Acquisition
The acquisition of Parker Wellbore adds a large-scale, high performance tubular rental and repairs services operation in the Lower 48 and offshore U.S. to the Nabors portfolio.
Baker Hughes CEO: Expect ‘Volatility, Noise’ Around Energy Transition
Baker Hughes and Linde executives spoke about lower carbon resources such as hydrogen and geothermal, which will be part of the energy mix but unlikely to displace natural gas.
Arc Resources to Supply Exxon with LNG Offtake from Cedar LNG
Exxon Mobil Asia Pacific Pte. Ltd. has agreed to buy 1.5 million tonnes per annum of ARC Resources’ LNG offtake from the Cedar LNG Project when the facility begins commercial operations.
Oxy CEO: US Oil Production Likely to Peak Within Five Years
U.S. oil production will likely peak within the next five years or so, Oxy’s CEO Vicki Hollub said. But secondary and tertiary recovery methods, such as CO2 floods, could sustain U.S. output.
Westgate Energy Adds to Mannville Stack Assets in Canada
Westgate Energy Inc. is buying Mannville Stack-focused assets in Alberta for CA$7 million from an undisclosed private oil and gas company.
HIF Global Receives First US Approval for E-Fuels Design Pathway
Houston-based HIF Global, which develops projects focused on producing fuels with renewable energy, has won U.S. approval for an e-fuels pathway certification.
Smackover Lithium Derisks Direct Lithium Extraction Technology
With the completion of a final field test, the Smackover Lithium joint venture's direct lithium extraction technology moves toward commercialization, Standard Lithium says.
Conoco, TotalEnergies CEOs Talk Methane Regs, Permian Vs. Senegal
ConocoPhillips CEO Ryan Lance and TotalEnergies’ Patrick Pouyanné briefly delved into a Permian Basin versus Senegal debate at CERAWeek by S&P Global.
Exclusive: Sheffield Says FTC Could Rescind His, John Hess’ Bans
Former Pioneer Natural Resources CEO Scott Sheffield told Hart Energy that his ban by the Federal Trade Commission from serving on Exxon Mobil’s board "was pretty much illegal. It's a baseless and illegal order that was done.”
Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
NextEra CEO: Renewables Offer Cheaper Way to Meet AI Power Demand
Some forms of energy are better positioned to meet electricity needs today from both timing and cost perspectives, NextEra Energy CEO John Ketchum said at CERAWeek by S&P Global.
Archrock to Buy Natural Gas Compression Systems for $357MM
Archrock Inc. will buy privately held Natural Gas Compression Systems Inc. in a cash-and-stock deal that deepens Archrock’s operations in the Permian Basin.
Investment, Policy & Regulations, Artificial Intelligence, Machine Learning, Power Generation/Powergen, Nuclear, CERAWeek
BlackRock CEO: US Headed for More Inflation in Short Term
AI is likely to cause a period of deflation, Larry Fink, founder and CEO of the investment giant BlackRock, said at CERAWeek.
Trump Says He Will Double Tariffs on Canadian Metals to 50%
President Trump said he would double his tariffs on Canadian steel and aluminum products in response to Ontario placing a 25% tariff on electricity supplied to the U.S.
Baker Hughes to Supply Equipment for NextDecade’s Rio Grande LNG
Baker Hughes will provide turbine and compression for NextDecade’s trains at Rio Grande LNG.
ChampionX’s Chemical Application Breaks Up Waxy Blockages
The ChampionX system, called ParaClear, offers a custom solution based on site characteristics to move waxy crude through pipelines.
E&P Highlights: March 10, 2025
Here’s a roundup of the latest E&P headlines, from a new discovery by Equinor to several new technology announcements.