Latest From Hart Energy

Tax Credit Rollbacks to Set Back Clean Energy Projects

Some clean energy projects will likely be battered, energy experts say, but it’s not a death sentence for clean energy technologies like wind and solar.

Second-Life EV Batteries Play Role in Satisfying Booming Demand

Used electric vehicle batteries could have another go at life in energy storage applications. Second-life EV batteries may be the answer to the demand boom sparked by AI power needs, said battery recycling company Redwood Materials.

Vantage to Invest $3B in AI Campus in Nevada

Vantage Data Centers’ NV1 site near Reno will deliver 224 MW of capacity across four data centers.

Trump-Backed Investors Go $90B Big in Pennsylvania

President Trump has joined energy and tech companies in a program pledging investments totaling $90 billion to boost AI efforts in Pennsylvania.

San Juan Rig Activity Booms as Gas Prices Rise, M&A Heats Up

Drilling activity in the San Juan Basin has surged to its highest level since 2015, fueled by a rise in natural gas prices. Analysts say deeper Mancos Shale wells with higher IPs could lift San Juan gas output by 500 MMcf/d by 2030, reshaping the legacy basin’s future.

EQT’s Second Gas Deal for AI Power Takes Total to 1.5 Bcf/d

EQT’s 665 MMcf/d deal with a data center development east of Pittsburgh follows news of a deal to supply 800 MMcf/d to a development northwest of the city, the capital of the Marcellus shale play.

Pontem Energy Capital Aims to Raise $250MM for New Upstream Fund

Pontem Energy Capital held an initial close for its second fund, which is targeting $250 million in commitments for non-operated investments in U.S. basins.

Oklo Selects Kiewit as Lead Constructor for Aurora Powerhouse

The Aurora powerhouse is a liquid metal-cooled, metal-fueled fast reactor that has a maximum power level of 75 megawatts equivalent.

EQT Bags 1-Bcf/d Marcellus Deal for Data Center Power Plant

The Frontier Group of Companies plans to use gas supplied by EQT to convert a shuttered coal-fired power plant northwest of Pittsburgh to a gas-fired development in support of a new data center.

Tallgrass Calls Open Season on Permian to Rockies NatGas Line

The proposed project will carry up to 2.4 Bcf/d of natural gas from the Permian to points in the Rockies and Midwest.

Smackover Sees Record Lithium Brine Concentration in SWA Project Area

Sampling of brine from the Lester well showed a lithium concentration of more than 600 mg/L, Standard Lithium said.

FTC Denies Sheffield Standing, May Still Reopen Pioneer-XOM Case

The Federal Trade Commission stated the decision to deny Scott Sheffield’s petition to allow him to serve on Exxon Mobil’s board was due to a technicality. But it added that it still “plans to consider his arguments in support of reopening and vacating the final order.”

Blackstone Announces $25B Investment in Pennsylvania Energy, AI

The firm has focused funds on data center development in the northeast area of the state.

45Q in Big Beautiful Law Levels Playing Field for CO2 Use in EOR

The increased credit values for carbon utilization, including EOR, as well as lawmakers and the White House’s move to preserve the 45Q tax incentives, are seen as a boost for CCUS players looking for policy certainty as they seek to grow the sector.

Super-Deep Midland Making Big Barrels—and Big Gas

The 4.6 Bcf/d of new Permian Basin gas takeaway may be followed by another 5.9-Bcf/d expansion, and “we believe all will be needed,” a KeyBanc Capital Markets analyst said of findings from deeper target Midland Basin wells.

Touchstone Provides Production Update on Recently Acquired Assets

Touchstone Exploration shared the production results from its recently acquired assets onshore Trinidad and Tobago on July 14.

CF Industries Starts Up CO2 Compression Facility in Louisiana

The facility enables the transport and permanent geologic sequestration of up to 2 million metric tons of CO2 annually, CF Industries said July 14.

Trump to Unveil $70B in AI and Energy Investments

U.S. President Donald Trump will announce $70 billion in AI and energy investments on July 15. 

E&P Highlights: July 14, 2025

Here’s a roundup of the latest E&P headlines, including a natural gas discovery in the Barents Sea and a new Woodside contract offshore Mexico.

Report: Venture Global’s Plaquemines LNG Phase 2 Begins Production

Venture Global’s original plans for Plaquemines LNG Phase 2 had production scheduled for 2026.

US Delays Rule on Gulf of America Whale Protections by Two Years

The Trump administration will delay by two years a final rule designating protections for the endangered Rice's whale in the Gulf of America.

Flywheel Energy Acquires Terra’s Colorado Piceance Gas Assets

Flywheel Energy has quietly taken control of Terra Energy Partners’ Piceance gas asset, one of the largest in the basin, in a confidential deal. The deal expands Flywheel’s private natural gas empire beyond Arkansas’ Fayetteville Shale.

Ethane Exports Surge to China After Restrictions Drop

Analytical firm Wood Mackenzie estimates ethane trade traffic between the U.S. and China for the month will reach normal levels following a trade shutdown in June.

Norway LNG Plant Adds 10 Days to Maintenance Time

The Hammerfest terminal is expected to remain closed until the end of July.

Expro Wins Contract for Trion Deepwater Project Offshore Mexico

The services company will provide tubular running and cementing services for the project being developed by Woodside Energy and Pemex.

What's Affecting Oil Prices This Week? (July 14, 2025)

For the upcoming week, if President Trump moves forward with announcing the intention to impose enhanced Russian sanctions, Stratas Advisors expect that the price of Brent crude oil could test $71.50.

US NatGas Prices Up 3% to 1-Week High on Hotter Weather Forecasts, Rising LNG Exports

U.S. natural gas futures climbed about 3% to a one-week high on July 14 on forecasts for hotter weather over the next two weeks than previously expected and rising flows of gas to LNG export plants.

Greylock Packs a One-Two Punch with ‘Demand-Driven Projects’

Privately held producer Greylock Energy gains traction in both upstream and midstream deal-making, boosting build-out in Appalachia and the Rockies.

ArcLight Acquires Ohio Power Plant

Infrastructure investment firm ArcLight Capital continues to focus on electrical generation with its latest acquisition of a gas-fired generation plant in Ohio.

Rising Phoenix Capital Continues Permian Basin M&A Streak

Rising Phoenix Capital acquired more Midland Basin mineral rights operated by ConocoPhillips, boosting exposure to the nation’s hottest oil basin.