Sources: Citadel Buys Haynesville E&P Paloma Natural Gas for $1.2B
Hedge fund giant Citadel’s acquisition includes approximately 60 undeveloped Haynesville locations, sources told Hart Energy.
Latest
Williams Cos. COO Dunn to Retire
Williams Cos. COO Micheal Dunn was crediting with helping the company focus on a natural gas strategy.
Bottlenecks Holding US Back from NatGas, LNG Dominance
North America’s natural gas abundance positions the region to be a reliable power supplier. But regulatory factors are holding the industry back from fully tackling the global energy crisis, experts at CERAWeek said.
Murphy Oil Buys BW’s Pioneer FPSO for $125MM
Murphy Oil Corp. is buying an FPSO from BW Offshore for $125 million.
USGS: 47 MMbbl of Oil, 876 Bcf of Gas in Conventional Rockies’ Basins
The U.S. Geological Survey surveyed areas where potential hydrocarbons in as yet undiscovered oil and gas formations in the Wind River, Bighorn and Powder River basins.
Energy Executives Bask in Trump Sun But Ignore Cheap Energy Pitfall: Bousso
Trump’s administration vows to support U.S. drillers But low oil prices threaten activity Energy transition shifts to ‘energy additions’ amid rising demand By Ron Bousso (Reuters) – Donald Trump’s return to the White House caused “animal spirits” to soar in the oil and gas sector, and these vibes were palpable in the halls of the …
Energy Executives Bask in Trump Sun But Ignore Cheap Energy Pitfall: Bousso Read More »
Natgas Key to Meeting Rising US Power Demand, FERC Chairman Says
(Reuters) – U.S. Federal Energy Regulatory Commission Chairman Mark Christie said on Thursday that natural gas-fired power will be crucial to meet rising U.S. electricity demand – a situation that requires a big increase in gas pipeline capacity, as well as new power plants. “We’re going to build combined-cycle gas to meet this load from …
Natgas Key to Meeting Rising US Power Demand, FERC Chairman Says Read More »
US Imposes Sanctions on Iranian Oil Minister, Shadow Fleet
(Reuters) – The United States imposed sanctions on Thursday on Iran’s oil minister Mohsen Paknejad and some Hong Kong-flagged vessels that are part of a shadow fleet that helps disguise Iranian oil shipments, the Treasury Department said. Paknejad “oversees the export of tens of billions of dollars’ worth of Iranian oil and has allocated billions …
US Imposes Sanctions on Iranian Oil Minister, Shadow Fleet Read More »
Record OPEC+ Fuel Exports Blunt Group’s Crude Supply Cut
By Ahmad Ghaddar OPEC+ supply targets only cover unrefined crude Increased fuel exports means more oil reaches market than required, analyst says Economic weakness in biggest importer China has curbed demand Exporting refined products gives countries increased global reach LONDON, March 13 (Reuters) – OPEC+ has exported a record amount of refined products, blunting the …
Record OPEC+ Fuel Exports Blunt Group’s Crude Supply Cut Read More »
US Wind and Solar Still Have Room to Grow for Data Centers, Microsoft VP Says
By Laila Kearney HOUSTON, March 12 (Reuters) – U.S. wind and solar development still has significant room for expansion to power data centers, particularly in the Midwest wind corridor and sunny southwest, Microsoft Vice President of Energy Bobby Hollis told Reuters at the CERAWeek energy conference in Houston on Wednesday. The quick proliferation of Big …
US Wind and Solar Still Have Room to Grow for Data Centers, Microsoft VP Says Read More »