The Chicken or the Egg? Policy and Tech Needed to Enable Hydrogen Market
Hydrogen project developers ask themselves the famous ‘chicken or the egg’ conundrum as they lean on policy, incentives and technology to bridge cost gaps.
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FTC Takes Step Toward Reversing Chevron, Exxon Board Restrictions
(Reuters) – The U.S. Federal Trade Commission took a step toward potentially reversing bans on certain oil executives joining the boards of Chevron and Exxon Mobil that the Biden administration made a condition that allowed them to acquire two other oil producers. Exxon, which acquired Pioneer Natural Resources last year, had agreed to bar former …
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White House Says ‘All Hell to Pay’ Should Iran Develop Nuclear Weapon
(Reuters) – President Donald Trump wants Iran to know that there will be “all hell to pay” if it does not abandon its nuclear program, his press secretary told reporters on Friday ahead of talks on Saturday between U.S. and Iranian delegations. White House press secretary Karoline Leavitt said Trump’s “ultimate objective is to ensure …
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Nabors, Corva Expand Alliance to Boost AI-Driven Innovation at Rig Sites
Nabors Drilling Technologies and Corva AI will use the RigCloud platform to provide real-time insights to crews directly at drilling sites, the companies said.
USD Completes Final Asset Sale of Hardisty Terminal
USD Partners was obligated to sell the Hardisty Terminal, in Alberta, Canada, after entering a forbearance agreement with its lenders on June 21 2024.
ADNOC Explores $9B Acquisition of Aethon’s Haynesville Assets—Report
Abu Dhabi National Oil Co. (ADNOC) is evaluating an acquisition of natural gas assets from Aethon Energy Management valued at around $9 billion, Bloomberg reported April 11.
E&Ps Posting Big Dean Wells at Midland’s Martin-Howard Border
Diamondback Energy, SM Energy and Occidental Petroleum are adding Dean laterals to multi-well developments south of the Dean play’s hotspot in southern Dawson County, according to Texas Railroad Commission data.
FTC May Reconsider Hess, Sheffield Bans on Holding Board Seats
The Federal Trade Commission has announced it is seeking comment on potentially rescinding bans on Pioneer Natural Resources’ Scott Sheffield and Hess Corp.’s John Hess from serving on the boards of companies that acquired their E&Ps.
USEDC’s Plans for $1B in Capex, M&A on Track as Oil Prices Stumble
Volatility won’t affect Permian Basin-focused U.S. Energy Development Corp.’s day-to-day operations or its plans for deals, CEO Jordan Jayson told Hart Energy.
Energy Transition in Motion (Week of April 11, 2025)
Here is a look at some of this week’s renewable energy news.