INEOS Energy closed an acquisition of U.S. Gulf assets held by a CNOOC subsidiary. Combined with a previous LNG agreement and acquisition of Eagle Ford Shale assets, the British company has spent $3 billion in the U.S.
(Reuters) – U.S. crude oil and distillate inventories rose while gasoline inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 6.2 million barrels to 439.8 million barrels in the week ending March 28, the EIA said, compared with analysts’ expectations in a Reuters poll for a 2.1 million-barrel draw. …
US Crude and Distillate Inventories Rise, Gasoline Stocks Fall, EIA Says Read More »
The minerals and royalties space is primed for massive growth and consolidation with Sitio aiming for the front of the pack.
William Seller, solutions architect at DartPoints, shares insight on the impact that the data center power demand will have on the natural gas industry, in this Hart Energy Exclusive interview.
Prairie Operating Co. has begun an 11-well development program in Weld County, Colorado, following the closing of its $603 million deal for Bayswater Exploration and Production assets.
The NGL midstream deal to buy EPIC NGL is part of an ongoing dispute between Phillips and activist investor group Elliott Investment Management.
ConocoPhillips is marketing Anadarko Basin assets it picked up through a $22.5 billion acquisition of Marathon Oil last year, Hart Energy has learned.
Opal Fuels, which increased annual RNG production by 41% in 2024, commands prices of about $20 per MMBtu from utilities and even higher prices in the vehicle market, co-CEO Jon Maurer said.
A huge natural gas-powered data center that will serve the growing demands of artificial intelligence is being planned for the site of a former coal-fired power plant in Pennsylvania. The 3,200-acre (1,295-hectare) data center campus, located about 50 miles east of Pittsburgh, will be developed at the location of Homer City Generation, previously the state’s …
Huge AI Data Center Planned for Pennsylvania Coal Plant Site Read More »
(Reuters) – Eight OPEC+ countries meeting on Thursday will focus debates on how to convince Kazakhstan to stop exceeding its output quota and its plans to compensate for overproduction as the group steps up gradual production hikes, two delegates told Reuters. Record Kazakh output has angered several other members of the group, including top producer …
OPEC+ to Discuss Kazakhstan Output at Thursday’s Meeting Read More »
