Latest From Hart Energy
Innovative Insulation: The Future of Thermal Management
Silicone-based, spray-on coating simplifies application and improves protection for downstream assets and workers.
Coterra Notches Year-End Permian Deal for $43MM
Coterra Energy will buy an additional 1,650 net royalty acres from Sandia Minerals LLC, the interests of which are owned by Franklin Mountain Royalty Investments, for $43 million.
PE Firm Northleaf to Divest Interests in Spanish Solar Farm
Private equity firm Northleaf Capital Partners acquired a controlling interest in the NCP Solar Mula farm in 2018.
DT Midstream Closes $1.2B Midwest Pipeline Acquisition with ONEOK
DT Midstream acquired three pipelines with more than 3.7 Bcf/d of capacity that span approximately 1,300 miles across seven states.
Less Flaring, More Bitcoin: Startup Catches Eye of Halliburton Labs
360 Energy, a startup that sets up generators on pad sites and uses the electricity for cryptocurrency, has recently caught the attention of Halliburton Labs.
Seadrill Completes Sale of Jackup Rig West Prospero
Seadrill has sold its West Prospero jackup rig for $45 million in cash in an effort to exit the jack-up rig market.
Belcher: Heed the Harsh Lessons from Europe’s Net-Zero Perils
The EU’s aggressive climate stance is wreaking economic havoc and mounting regulations could hurt the U.S. LNG industry.
Williams Completes Mid-Atlantic Transco Expansion Project
Williams Cos.'s Transco Southside Reliability Enhancement project is now online.
Exploration & Production, Crude Oil, Natural Gas, Liquefied Natural Gas (LNG), Acquisitions & Divestitures, Emissions
E&P Highlights: Dec. 30, 2024
Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.
EQT Closes $3.5B Midstream JV With Blackstone Credit
EQT used the $3.5 billion in proceeds from the midstream joint venture deal to pay down debt.
Subsea7 Awarded Contract for Gas Field Offshore Turkey
Subsea7 will provide inspection, repair and maintenance for the Sakarya field.
NatGas Prices Jump on Forecast of Widespread Freeze
The National Weather Service predicts a mid-month, lingering cold snap for much of the U.S., prompting natural gas prices to increase by roughly $0.50 per MMBtu.
Cheniere Produces First LNG in Corpus Christi Expansion Project
Houston-based Cheniere adds to quickly growing U.S. production capacity.
Ecopetrol Buys Repsol Asset Out from Under GeoPark
GeoPark Ltd. said Ecopetrol has exercised its preemptive to acquire Repsol Colombia O&G Ltd., which holds a 45% non-operating working interest Block CPO-9.
What's Affecting Oil Prices This Week? (Dec. 30, 2024)
Looking forward, Stratas Advisors forecasts that Brent oil will average $76.90 in 1Q25.
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.