The first thing that greets visitors entering the headquarters of billionaire Harold Hamm’s Continental Resources Inc. is a 9-foot-long statue of a snarling bull named Boe.Boe — short for barrels of oil equivalent — is an apt symbol for a veteran wildcatter who’s still betting big on more crude production in the US. Hamm is …
Billionaire Harold Hamm Sees a Great Oil Fortune Still Untapped in US Shale Read More »
Harold Hamm, the billionaire wildcatter and major GOP donor, held a difficult phone call in May: He told his longtime friend Donald Trump that he didn’t think the former president could win the 2024 general election.That’s why Hamm hasn’t opened his checkbook for Trump in this campaign cycle, instead throwing his dollars behind other Republican …
Oil Tycoon Harold Hamm Cuts Trump Support While Backing DeSantis, Haley Read More »
Permission Now Required Many years ago, as a newly hired consultant for a Big Four firm, I was on my first road trip along with my new office mate, Michel, to Montreal. Expense account travel was altogether new to me and as the more experienced consultant, Michel took it on himself to teach me the …
Accelerate Project Approvals Using Data and Analytics – Geoffrey Cann Read More »
U.S. liquefied natural gas (LNG) export facilities brought in a record amount of natural gas in the first six months of this year after the Freeport LNG terminal returned to service, the U.S. Energy Information Administration (EIA) said on Monday. Natural gas delivered by pipeline to LNG export facilities, called LNG feed gas, averaged 12.8 …
U.S. LNG Feed Gas at Record High in First Half as Freeport Restarts Read More »
Canada’s TC Energy began re-pressurizing part of its Columbia Gas Transmission Pipeline in Strasburg, Virginia that was not directly impacted by an unplanned incident last week, the company said late on Friday. On July 25, TC Energy declared a force majeure and isolated a section of its ‘Line VB’ pipeline in Virginia after detecting a pressure …
TC Energy begins re-pressurizing unaffected pipeline section in Virginia Read More »
The Biden administration is pressing carmakers to sharply increase fuel economy by early next decade in a bid to cut gas usage and accelerate the country’s transition to cleaner or zero-emission vehicles.Under a proposal revealed Friday by the US National Highway Traffic Safety Administration, automobiles would reach an average of about 58 miles (93.3 kilometers) …
Biden Proposes Stricter Fuel-Efficiency Standards for Carmakers Read More »
Summary Oil prices edged up, eye strong monthly gains Riyadh expected to extend voluntary cuts to Sep – analysts Oil demand rose to a record 102.8 million bpd in July – analyst LONDON, July 31 (Reuters) – Oil prices were set to post their biggest monthly gains in more than a year on Monday, on …
Oil on Track for Biggest Monthly Gains in Over a Year Read More »
First Solar Inc. plans to spend as much as $1.1 billion on a new US manufacturing site, a sign that president Joe Biden’s Inflation Reduction Act is boosting domestic clean energy industry. The plant will be able to produce panels capable of generating 3.5 gigawatts of solar power per year upon completion in 2026, according …
First Solar to Invest $1.1 Billion in Fifth US Panel Factory Read More »
By Mark Mills 5-Minute Videos | PragerU Are wind, solar, and batteries the magical solutions to all our energy needs? Or do they come with too high a price? Mark Mills, Senior Fellow at the Manhattan Institute, analyzes the true cost — both economic and environmental — of so-called green energy. Take the pledge to …
By Scott DiSavino (Reuters) – U.S. energy firms in July cut the number of oil rigs for an eighth straight month while adding natural gas rigs for the first time in three months, energy services firm Baker Hughes said in its closely followed report on Friday. This week, drillers cut the number of oil and gas …
US drillers cut oil rigs for eighth month in a row – Baker Hughes Read More »
