DUG GAS+: Chesapeake in Drill-But-Don’t-Turn-On Mode
COO Josh Viets said Chesapeake is cutting costs and ready to take advantage once gas prices rebound.
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CERAWeek: Trinidad Energy Minister on LNG Restructuring, Venezuelan Gas Supply
Stuart Young, Trinidad and Tobago’s Minister of Energy, discussed with Hart Energy at CERAWeek by S&P Global, the restructuring of Atlantic LNG, the geopolitical noise around inking deals with U.S.-sanctioned Venezuela and plans to source gas from Venezuela and Suriname.
SilverBow Rejects Kimmeridge’s Latest Offer, ‘Sets the Record Straight’
In a letter to SilverBow shareholders, the E&P said Kimmeridge’s offer “substantially undervalues SilverBow” and that Kimmeridge’s own South Texas gas asset values are “overstated.”
Biden’s Oil Boom: How Fossil Fuels Thrived Despite the White House’s Climate Policies
Record oil production. Booming exports. Rapid jobs growth. Soaring CEO pay and shareholder returns. Almost no matter the metric, the U.S. oil and gas industry has flourished under President Joe Biden, even though his administration has pushed hard to transition the U.S. economy toward a carbon-free future to fight climate change. By Prinz Magtulis, Nichola …
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Exclusive: Chevron Balancing Low Carbon Intensity, Global Oil, Gas Needs
Colin Parfitt, president of midstream at Chevron, discusses how the company continues to grow its traditional oil and gas business while focusing on growing its new energies production, in this Hart Energy Exclusive interview.
Elk Range Royalties Makes Entry in Appalachia with Three-state Deal
NGP-backed Elk Range Royalties signed its first deal for mineral and royalty interests in Appalachia, including locations in Pennsylvania, Ohio and West Virginia.
Baltimore Port Closure Could Dent US Coal Export Volumes, EIA Says
Baltimore handled exports of 28 million short tons last year, making up 28% of total U.S. coal exports.
The $100 Oil Call Is Back – But There are Obstacles Ahead
Russia’s pledge to cut output has sparked talk of a return to triple digits, but there are obstacles ahead. Oil prices have the potential to rally to $100 a barrel by the end of the Northern Hemisphere’s summer, but there’s a lot that could send that forecast awry. Analysts at JPMorgan Chase & Co. have …
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Shale CEOs Bemoan U.S. Political ‘Uncertainty,’
Bloomberg US oil prices are more than high enough to make drilling new wells profitable but some shale bosses say they’re hesitant because of political and regulatory “uncertainty” that won’t be settled until the November election, according to the Federal Reserve Bank of Dallas. “Until the next administration is decided, we’re in a state of flux when …
More Than 20% of Global Oil Refining Capacity at Risk, Analysis Finds
(Reuters) – More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published on Thursday, as gasoline margins weaken and the pressure to reduce carbon emissions mounts. Of 465 refining assets analysed, the consultancy ranked about 21% of 2023 global refining capacity at some …
More Than 20% of Global Oil Refining Capacity at Risk, Analysis Finds Read More »