Falling oil prices, recession fears and the U.S. election cycle are weighing on an increasingly pessimistic energy industry, according to a new survey of oil and gas executives by the Federal Reserve Bank of Dallas.
EQT, the biggest U.S. natural gas producer, has along with other U.S. drillers curtailed output in 2024 after prices collapsed to multi-year lows in the spring following a mild winter that left a tremendous oversupply of fuel in storage.
Microsoft Corp. will pay as much as $130 per megawatt-hour for the resurrected plant’s electricity that will carry a “carbon-free” label and a new name: Crane Clean Energy Center.
Mexico Pacific CEO Sarah Bairstow shared her thoughts with Hart Energy on the outlook for the Saguaro Energía LNG project as it marches forward with plans to be the Permian’s relief valve on associated gas buildup.
About 16% of crude production in the U.S. Gulf of Mexico on Sept. 24 were shut-in in response to Tropical Storm Helene.
U.S. natural gas futures held near a 12-week high as some Gulf Coast oil and gas producers cut output ahead of a possible hurricane.
VTX Energy’s founder was previously among the leadership that built and sold an adjacent southern Delaware operator, Brigham Resources, for $2.6 billion.
Experts at the 100th Annual Technical Conference predict the continued dominance of the oil and gas industry amid decarbonization efforts.
The start-up of LNG Canada in mid-2025 will give its five joint venture partners access to liquefaction and international trade, which wasn’t a possibility from Canada before, an LNG Canada vice president told Hart Energy.
Crescent will work with SAMSUNG E&A and Honeywell on the project.