Chris
Mathews
Hart Energy
What's Affecting Oil Prices This Week? (Dec. 30, 2024)
Looking forward, Stratas Advisors forecasts that Brent oil will average $76.90 in 1Q25.
Steelhead Seeks Damages from Pembina, ARC Resources, Cedar LNG
Steelhead LNG said it has filed legal proceedings against Cedar LNG, Pembina Pipeline Corp. and ARC Resources related to improperly exploited information, Steelhead said.
US NatGas Storage Level Drops by 93 Bcf
Natural gas prices have stayed above $3.50 as the end of the year approaches.
Major Storage Withdrawal Sends NatGas Prices Higher
A cold start to December has resulted in one of the biggest storage drops in years.
The Latest
Dallas Fed: Trump Can Cut Red Tape, but Raising Prices Trickier
U.S. oil and gas executives expect fewer regulatory headaches under Trump but some see oil prices sliding, according to the fourth-quarter Dallas Fed Energy Survey.
Pembina Closes $290MM Deal for Stake in Whitecap’s NatGas Facility
Pembina Gas Infrastructure closed a CA$420 million transaction to acquire interests in Whitecap Resources’ natural gas processing facility in Alberta, Canada.
Equinor’s Norwegian LNG Plant Likely Shuttered for a Week
An outage at Equinor’s Arctic facility, Hammerfest LNG, will temporarily close Europe’s largest LNG export facility.
Sintana Reports Two Discoveries Offshore Namibia
Sintana Energy Inc. said the Mopane-2A well found gas condensate in one reservoir and light oil in a smaller one.
Less Flaring, More Bitcoin: Startup Catches Eye of Halliburton Labs
360 Energy, a startup that sets up generators on pad sites and uses the electricity for cryptocurrency, has recently caught the attention of Halliburton Labs.
Belcher: Heed the Harsh Lessons from Europe’s Net-Zero Perils
The EU’s aggressive climate stance is wreaking economic havoc and mounting regulations could hurt the U.S. LNG industry.
E&P Highlights: Dec. 30, 2024
Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.
Subsea7 Awarded Contract for Gas Field Offshore Turkey
Subsea7 will provide inspection, repair and maintenance for the Sakarya field.
NatGas Prices Jump on Forecast of Widespread Freeze
The National Weather Service predicts a mid-month, lingering cold snap for much of the U.S., prompting natural gas prices to increase by roughly $0.50 per MMBtu.
Cheniere Produces First LNG in Corpus Christi Expansion Project
Houston-based Cheniere adds to quickly growing U.S. production capacity.