The National Environmental Policy Act, signed into law by the Nixon administration, went years largely unchanged. Now with permitting reform at the forefront of today’s energy needs, the NEPA landscape is evolving.
U.S. natural gas output fell about 7% over the past month as producers scaled back production following a collapse in prices to a 3-1/2-year low. Gas prices are down about 23% so far this year, after plunging 44% in 2023, as record production and weak demand from a mild winter left storage facilities at well …
U.S. Natgas Output Down 7% as Producers Cut Back Amid Price Collapse Read More »
The U.S. is seeking to buy about 3 million barrels of oil for the Strategic Petroleum Reserve for delivery in September, the Energy Department said on Wednesday, as it slowly replenishes the emergency stash after selling a record amount in 2022. President Joe Biden in 2022 ordered a sale of about 180 million barrels from …
U.S. Seeks 3 Million Barrels of Oil for Emergency Reserve in September Read More »
Nearly 50 Democrats in the U.S. Congress on Wednesday urged the Federal Trade Commission to probe oil and gas company deals and expand current investigations to protect consumers and industry competition. The industry went on a $250 billion buying spree in 2023, taking advantage of companies’ high stock prices to secure lower-cost reserves. Exxon Mobil Chevron Corp, …
U.S. Democrats Urge Antitrust Regulator to Probe Oil, Gas Mergers Read More »
Red Trail Energy’s CO2 removal credits is the largest durable carbon removal project registered on the Puro Registry to date.
As Berry Corp. continues its aggressive hunt for growth opportunities outside of California, the E&P made a second bolt-on acquisition in Kern County in the fourth quarter.
Viper Energy will not receive any of the gross proceeds from Diamondback’s secondary offering of its Class A common stock.
In this Hart Energy Exclusive, Halliburton’s William Ruhle describes the challenges and future of automating frac jobs.
Prairie’s net proceeds were used to reduce indebtedness under the company’s senior secured facility and to increase its working capital position.
The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.
