Latest From Hart Energy
Project Developments Chug Along in Wake of LNG Pause
There are more than 20 U.S. LNG projects at some stage of development. President Joe Biden’s yearlong pause on LNG permits complicated matters for the industry trying to build them. Where do things stand now?
US Regulators Greenlight Construction of Venture Global CP2 LNG Plant, Again
The Federal Energy Regulatory Commission gave Venture Global permission, again, to proceed with the construction of its Calcasieu Pass 2 LNG project in Louisiana.
Trump Seeks to Fast-Track New Nuclear Licenses, Overhaul Regulatory Agency
U.S. President Donald Trump ordered the nation's independent nuclear regulatory commission to cut down on regulations and fast-track new licenses for reactors and power plants.
Nuclear Stocks Surge After Trump Signs Orders to Boost Industry
Shares of nuclear power companies surged after U.S. President Donald Trump signed executive orders seeking to cut down on industry regulations and fast-track new licenses for reactors and power plants.
Energy Transition in Motion (Week of May 23, 2025)
Here is a look at some of this week’s renewable energy news, including the world’s first flow battery power system for gas operations.
Initial Connection: Energy Transfer on Powering CloudBurst's Texas Data Hub
Energy Transfer Co-CEO Mackie McCrea tells the story behind one of the first deals to supply natural gas to a data center.
Dividends Declared Week of May 19
Here is a compilation of dividends declared from select upstream, midstream and service and supply companies for the week of May 19.
Vermilion Energy to Sell Saskatchewan, Manitoba Assets for US$302MM
Calgary, Alberta-based Vermilion Energy Inc. is selling Saskatchewan and Manitoba assets in Canada for CA$415 million (~US$302 million).
US Drillers Cut Oil, Gas Rigs to Lowest Since November 2021—Baker Hughes
This week has been the first time since September 2024 that drillers have reduced the number of rigs four weeks in a row.
TotalEnergies CEO Says Company has Option to Increase 5% Stake in Canada's Ksi Lisims LNG
TotalEnergies CEO Patrick Pouyanne declined to specify by how much Total could increase its stake in Ksi Lisims LNG,.
EU Awaits Clarity From Washington on Trump's 50% Tariff Threat
The European Commission sought clarity from the U.S. after U.S. President Donald Trump recommended on May 23 putting a 50% tariff on EU goods from June 1.
Cowen: Gas Turbine Orders Hit 20-Year High on PowerGen Needs
A report by TD Cowen analysts shows that between fourth-quarter 2024 and first-quarter 2025, gas fired capacity generation awards reached their highest point since March 2001.
Turkey Finds 75 Bcm of NatGas in Black Sea
Turkish Petroleum Corp. has discovered 75 Bcm of natural gas reserves in the Black Sea.
TotalEnergies Launches its Largest Solar Plant in Europe
The plant, near Sevilla, Spain, consists of five solar projects with a total installed capacity of 263 megawatts.
Deep Potential: Permian Woodford Delivers as Exxon, Mewbourne Join In
Oklahoma’s finest Woodford Shale developers are applying their learnings to the Permian Basin, where exploration of the deep bench is in its earliest innings.
Prairie Has Big Plans in the D-J, But Will Pump Brakes on $50 Oil
Prairie Operating Co. CFO Greg Patton says the company aspires to produce 100,000 bbl/d as it looks for its next M&A opportunity.
Big Bill Not Beautiful for Clean Energy Passes US House
The legislation passed the House early May 22 with a 215-214 mostly party line vote and essentially guts the Inflation Reduction Act.
Cadeler Acquires New Jack-Up Vessel to Expand Reach in Offshore Wind
Cadeler plans to take delivery of the new vessel, which will be renamed Wind Keeper, in the third quarter.
Orion Buys Oklahoma SCOOP/STACK Royalty Interests
Orion Diversified Holding Co. closed on its second deal in May and now holds 53,160 mineral acres in various plays including the Bakken, Eagle Ford Shale, SCOOP/STACK and Permian Basin.
Touchstone Exploration Closes Shell Trinidad Acquisition
Touchstone Exploration agreed to purchase 100% of the share capital of Shell Trinidad Central Block Ltd., which holds a 65% participating interest in the onshore Central Block E&P license in Trinidad.
Market Spoke, Hub Evolved: US NatGas Eyes International Prices
Global LNG pricing enters a new era as producers shift away from Henry Hub to international pricing benchmarks such as the Japan Korea Marker.
Sable Offshore Upsizes Public Offering by 28% to $257MM
Sable Offshore’s upsized offering represents an increase of approximately 28.25% in value from its previously announced $200 million stock offering.
Kissler: Traders’ Global Oil Plan? ‘Wait and See’
Lower pump prices are in the consumer’s favor in the short term, but in the long term … it’s complicated.
BP Seeks Buyers for Castrol Lubricants Unit to Reach $20B Divestment Goal, Sources Say
BP has kicked off the sale of its more than a century-old Castrol lubricants business in a key step in the British energy group's divestment plan to boost its share price.
Subsea 7 Wins Service Contract Offshore West Africa
Subsea 7 will transport and install flexible pipelines, umbilicals and associated subsea components for the connection of a floating production, storage and offloading vessel.
US Redirects Puerto Rico Solar Power Funds to Oil Plants
The Trump administration will halt funding of $365 million awarded during the previous administration for rooftop solar power in Puerto Rico and redirect it to fossil fuel burning plants.
Diversified CEO: Gas Fervor Grows on LNG, Midstream Momentum
Diversified Energy manages more than 64,000 wells nationwide but drills none itself. But the company’s recent Cherokee JV and western Haynesville deals give exposure to emerging plays without drilling risks.
FERC Nears Final Order on Commonwealth LNG Permit
The Federal Energy Regulatory Commission released an updated environmental statement, an indication that the proposed Commonwealth LNG plant is near final approval.
Freeport Back at Full Strength Three Years After Fire, Tank Damage
Freeport LNG has been operating on two out of three LNG storage tanks for nearly three years, but had managed to hit record production in the past 12 months, most recently in April.
Policy & Regulations, Pipelines, Natural Gas, Liquefied Natural Gas (LNG), Natural Gas liquids (NGL), Crude Oil, Infrastructure, ESG
Even Trump Might Struggle to Break the Pipeline Logjam in the Northeast
The energy emergency in the region may be too much for an executive order to overcome by itself.