The Securities and Exchange Commission’s climate disclosure rules requires companies to report a lot of information — from greenhouse-gas emissions to potential weather impacts that could have a material business impact. But the devil’s in the lack of details.
Kinetik CEO Jamie Welch walks through the company’s process for acquiring Durango Permian, including selling its 16% stake in the Gulf Coast Express pipeline, and shares his takeaways on challenges in the Permian today, in this Hart Energy Exclusive interview.
U.S. natural gas futures climbed about 2% to a four-month high on Thursday on expectations utilities injected less gas into storage than usual for this time of year for a fourth week in a row. Analysts forecast U.S. utilities added 85 billion cubic feet (bcf) of gas into storage during the week ended May 17. …
U.S. Natgas Prices up 2% to Four-Month High Ahead of Federal Storage Report Read More »
Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 billion sale of the oil producer to Chevron Corp. Hess, 70, has spent the past month visiting or calling …
Hess-Chevron Merger Vote Appears Ripe for Narrow Approval Read More »
Aker Solution’s newly christened Entr plans to double its revenue and headcount by 2030.
Russia ranked as the world’s fourth-largest LNG exporter in 2023, sending out cargoes of 30 mtpa. Russia’s LNG capacity could surpass 74 mtpa capacity by 2030, according to details published by Flex LNG.
Crescent Energy, which is in the process of buying SilverBow Resources, said ratings agencies Moody’s, Fitchand S&P Global reacted positively to the pending $2.1 billion deal.
Enerplus Corp. shareholders will vote on the deal, which was already approved by Chord stockholders, on May 24.
While extended length lateral wells can lead to massive profits, the risk might not always be worth it. At Hart Energy’s SUPER DUG, Diamondback Energy, SLB, NOV and others weighed the risk and rewards of drilling three- and four-mile laterals.
Fox Squirrel, a solar project owned by Enbridge and developed by EDF Renewables North America, aims to help meet central Ohio’s increasing power demand, which could double by 2028.
