mark - Today in Oil and Gas

COMMENTARY: Obscene Misinformation Continues to Come From the IEA – Irina Slav on Energy

CDN and International News, Conventional Energy, Latest, Oil / By mark

By Irina Slav More From Irina Slav “Any source of energy is intermittent, but renewables are perhaps the least intermittent, since they use the sun and wind. The crucial missing piece of renewables is the lack of infrastructure.” This profound revelation comes from the head of the International Renewable Energy Agency, Francesco La Camera, and should be …

COMMENTARY: Obscene Misinformation Continues to Come From the IEA – Irina Slav on Energy Read More »

Summit Midstream Sells Utica Interests to MPLX for $625MM

Latest / By mark

Summit Midstream is selling Utica assets to MPLX, which include a natural gas and condensate pipeline network and storage.

Argentina’s Vaca Muerta Shale Formation Drives Record Oil Production in February

Latest / By mark

Argentina’s Neuquen province hit a record for daily oil production in February.

Identified Need: Hydrogen Safety Standards in an Emerging Sector

Latest / By mark

Establishing fire protection measures remains critical for industry growth.

Energy Transition in Motion (Week of March 22, 2024)

Latest / By mark

Here is a look at some of this week’s renewable energy news, including a new modeling tool for superhot rock.

RIC Energy Sells Seven Solar Plants in New York to Radical Power

Latest / By mark

In recent months, RIC Energy sold 13 photovoltaic plants in the state of New York with a total capacity of 70 MW to various companies.

CERAWEEK Financiers Grab Reins as New Energy Startups Struggle

Latest, US News / By mark

(Reuters) – Private equity firms are increasing their direct oversight of energy transition companies in their portfolios, taking on added duties to address runaway costs from supply chain issues and preserve valuations, executives said at the CERAWeek energy conference this week. Excitement around new energy technologies saw billions of dollars of investment poured in the last four …

CERAWEEK Financiers Grab Reins as New Energy Startups Struggle Read More »

U.S. Gas Producers Shrug Off Low Prices, Bet on LNG Boom

Conventional Energy, Latest, LNG, US News / By mark

Energy executives say they are looking past current ultra-cheap gas prices and betting on a coming wave of new liquefied natural gas (LNG) plants to lift demand – and prices – for the fuel. Natural gas prices have fallen by one-third this year, undercut by a warmer winter, outages at LNG facilities and higher-than-expected output. …

U.S. Gas Producers Shrug Off Low Prices, Bet on LNG Boom Read More »

CERAWeek: Two Minutes with EQT’s Toby Rice on Energy Security

Latest / By mark

EQT Corp. President and CEO Toby Z. Rice spoke to Hart Energy on March 20 on the sidelines of CERAWeek by S&P Global to discuss natural gas infrastructure bottlenecks, energy security and the company’s advances on the LNG side of the business.

U.S. Gas Rig Count Falls to Lowest Since January 2022 – Baker Hughes

Conventional Energy, Drilling Rigs, Energy Topics & Technology, Latest, Natural Gas, Oil, US News / By mark

U.S. energy firms this week cut the number of natural gas rigs operating to the lowest level since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The combined oil and gas rig count, an early indicator of future output, fell by five to 624 in the week to …

U.S. Gas Rig Count Falls to Lowest Since January 2022 – Baker Hughes Read More »