Cardinal Energy Declares April Dividend
Canadian oil and gas company Cardinal Energy Ltd. will pay a CA$0.06 (US$0.044) per common share dividend.
Biden Administration Argues Against Enbridge Pipeline Shutdown Order
The U.S. argues that shutting down the pipeline could interrupt service and violate a 1977 treaty between the U.S. and Canada to keep oil flowing.
Exclusive: Frank Tsuru Reflects on Indigo’s History, Impact in the Haynesville
Frank Tsuru, president and CEO of Momentum Midstream and former CEO of Indigo Natural Resources, looks back at the early stages of Haynesville development and the Indigo-Southwestern deal, in this Hart Energy Exclusive interview.
CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett
Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.
US NatGas Flows to Freeport LNG Export Plant Drop Near Zero
The startup and shutdown of Freeport has in the past had a major impact on U.S. and European gas prices.
Biden, Kishida Eye Wind Power as Japan Worries About LNG Supply
US moratorium on LNG export permits drew concern from Tokyo Japan joins effort to promote floating offshore wind energy US President Joe Biden and Japanese Prime Minister Fumio Kishida pledged to intensify efforts to harness wind power and speed the transition to clean-energy amid concerns in resource-scant Japan over access to liquefied natural gas. “The United States remains …
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Oil Rally Is Driving Texas Gas Prices Below Zero
Producers are bringing more wells online, adding fuel to a glutted market. There’s so much natural gas flowing from Texas wells that producers are paying customers to take it off their hands. They can blame oil prices. With crude hovering near a six-month high, the companies extracting it are tapping a stash of wells they drilled but hadn’t …
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Enphase Energy Launches Power Control Software for its Home Solar and Battery Systems
FREMONT, Calif., April 11, 2024 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of Enphase Power Control software that can integrate with the Enphase® Energy System™ in North America. Enphase Power Control dynamically controls the power produced by an …
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OPEC Sees Robust Summer Oil Demand, Economic Upside Potential
(Reuters) – OPEC on Thursday predicted robust fuel use in the summer months and stuck to its forecast for relatively strong growth in global oil demand in 2024, while saying there was a chance the world economy could do better than expected this year. The Organization of the Petroleum Exporting Countries, in a monthly report, …
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Cenovus Energy to Invest $1.5 Billion in Ohio Refineries
(Reuters) – Cenovus Energy has announced a $1.5 billion investment in its Ohio refineries, including Lima and Oregon, according to a local media report on Wednesday. Ohio provides a “vital strategic location” that aids Cenovus’s decision to expand, said Doreen Cole, the company’s executive vice president, downstream, in a press release, quoted by the local media. Cenovus …
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