Latest From Hart Energy
Delivering Dividends Through Digital Technology
Increasing automation is creating a step change across the oil and gas life cycle.
Baker Hughes Wins Contracts for Woodside’s Louisiana LNG Project
Bechtel has ordered gas technology equipment from Baker Hughes for the first phase of Woodside Energy Group’s Louisiana LNG development.
Martin Midstream Terminates Merger Agreement Following Pushback
Martin Midstream Partners will continue operating as a standalone publicly traded company following termination of its deal to merge with Martin Resource Management Corp.
BP Monitoring Air Following Leak at Whiting Refinery
BP says the Midwest refinery is now operating normally.
Baker Hughes: US Drillers Keep Oil and NatGas Rigs Unchanged for Third Week
U.S. energy firms this week operated the same number of oil and natural gas rigs for third week in a row.
Berry Closes Debt Refinancing to Uphold Growth Commitments
Berry Corp. closed a debt refinancing agreement to continue its corporate strategy of promoting scale and diversification.
US NatGas Prices Retreat From 2-Year Peak on Forecasts of Less Cold
U.S. natural gas futures fell more than 5% on Dec. 26 from a near two-year high in holiday-thinned trade.
New York to Fine Fossil Fuel Companies $75B Under New Climate Law
New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate.
Oil Prices Ease as Markets Weigh China Stimulus Hopes
Oil edged lower on Dec. 26 in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China.
Small Steps: The Continuous Journey of Drilling Automation
Incremental improvements in drilling technology lead to significant advancements.
Ormat Secures Acreage for Two Geothermal Power Plants
Ormat Technologies Inc. secured 1,678 acres from an auction hosted by Utah’s Bureau of Land Management.
FREYR Closes Deal for Trina Solar Manufacturing Assets
FREYR Battery said it anticipates the facility, located in Wilmer, Texas, first solar cell production in the second half of 2026.
Russia Declares Federal Emergency Over Black Sea Oil Spill
Russia declared a federal emergency on Dec. 26 over an oil spill in the Black Sea.
Venture Global's LNG Tanker Heading Towards Germany, LSEG Data Shows
U.S. LNG company Venture Global LNG's tanker Venture Bayou is currently stationed at the Plaquemines LNG export plant.
US NatGas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand
U.S. natural gas futures hit a 23-month high on Dec. 24 in thin pre-holiday trading.
Midwesterners to CCUS: Not in My Corn Field
Midstream firms in the Midwest are running into brick walls of local opposition against carbon capture projects.
Oil Prices Rise in Thin Pre-Holiday Trade
Supply and demand changes in December have been supportive of oil price's current less-bearish view so far, analysts say.
Steelhead Seeks Damages from Pembina, ARC Resources, Cedar LNG
Steelhead LNG said it has filed legal proceedings against Cedar LNG, Pembina Pipeline Corp. and ARC Resources related to improperly exploited information, Steelhead said.
Understanding the Impact of AI and Machine Learning on Operations
Advanced digital technologies are irrevocably changing the oil and gas industry.
Golar LNG Buys $90MM Stake in FLNG Hilli
Golar LNG has purchased Seatrium’s and Black & Veatch’s minority ownership in the asset, which represents 8% of FLNG Hilli’s full capacity.
What's Affecting Oil Prices This Week? (Dec. 23, 2024)
For the upcoming week, Stratas Advisors think oil prices will get a boost from the oil demand associated with the holiday season and from recent geopolitical news.
Permian Operators Cut Methane Emissions by 26% in 2023, S&P Global Says
S&P Global credits improved equipment and technology for helping with methane emissions reductions in the Permian Basin.
Baytex Completes Sale of Kerrobert Thermal Asset for $42MM
Baytex Energy’s divested Kerrobert non-core thermal asset can produce approximately 2,000 bbl/d of heavy oil.
US NatGas Storage Level Drops by 93 Bcf
Natural gas prices have stayed above $3.50 as the end of the year approaches.
Tracking Frac Equipment Conditions to Prevent Failures
A novel direct drive system and remote pump monitoring capability boosts efficiencies from inside and out.
NOG: Company Not in ‘Formal Negotiations’ to Buy Granite Ridge
Northern Oil and Gas, responding to media reports that it has made two offers for Granite Ridge Resources, said it’s not engage in formal negotiations to buy the company.
Glass Lewis Backs Martin Midstream in Ongoing Merger Fight
Martin Resource Management Corp. is proposing to buy Martin Midstream Partners for $4.02 per common unit, with a vote scheduled for Dec. 30.
Vermilion Energy to Acquire Canada's Westbrick for $745MM
Canada’s Vermilion Energy Inc. will acquire Westrbrick Energy’s Alberta Deep Basin assets, including 700 locations, for CA$1.075 billion.
Venture Global LNG Files Paperwork for IPO
Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production.
Energy Transition in Motion (Week of Dec. 20, 2024)
Here is a look at some of this week’s renewable energy news, including billions of dollars in loan awards from the U.S. Department of Energy.