Latest From Hart Energy

Global Energy Watch: Chevron and the US’ Geopolitical Chess Match with Venezuela

To allow Chevron Corp. to recoup outstanding debts in Venezuela, Washington has had to make two risky board moves in a geopolitical chess match with the South American country. 

Occidental to Acquire Midland Basin E&P CrownRock for $12B

Occidental Petroleum said the purchase of CrownRock includes 1,700 undeveloped locations, 750 of which break even at prices of less than $40/bbl of WTI.

Flying the Decarbonized Skies: United Airlines Exec Talks SAF

United Airlines is among aviation companies pushing for more production of sustainable aviation fuel as well as diverse feedstocks such as CO2 and hydrogen.

Hart Energy Gala Celebrates Oil and Gas Legends

At the Hart Energy Hall of Fame Awards and Celebration in Houston on Dec. 5, energy industry legends turned out for a night of celebrating the accomplishments of the past five decades. 

Tellurian’s Charif Souki Out, Replaced by Martin Houston as Board Chair

Tellurian Inc.’s board of directors named Martin Houston as the company’s chairman of the board to replace Charif Souki, who was terminated "without cause."

Kinder Morgan’s Permian Highway Pipeline Expansion Begins Service

Kinder Morgan’s expansion added an additional 550 MMcf/d of capacity on the Permian Highway Pipeline, which runs from the Waha Hub and terminates close to Katy, Texas, where it supplies terminals along the Gulf Coast.

'Physics Wins': Scott Tinker on the Energy Transition's Future

Scott Tinker, CEO of Tinker Energy Associates shares advice about the energy industry and how he sees the future of the industry, in this Hart Energy LIVE Exclusive.

Endeavor Energy Explores Sale for up to $30B, Sources say

Endeavor Energy Partners operations span 350,000 net acres in the Permian’s Midland Basin — considered of the most lucrative oil and gas region in the U.S.

Appalachian Basin Awaits Pipeline Connections to the Gulf Coast

A closer look at the Appalachian midstream capacity picture shows some opportunities that producers can exploit now and in the future.

Energy Transition in Motion (Week of Dec. 8, 2023)

Here is a look at some of this week’s renewable energy news, including a continued growth streak for U.S. solar.

Feds Dig Deeper into Chevron-Hess Merger Amid Oil, Gas M&A

Megadeals between Chevron and Hess and Exxon and Pioneer Natural Resources are under intensified scrutiny but the oil and gas firms say they will cooperate in the U.S. Federal Trade Commission’s “second request” for information.

US Drillers Add Oil and Gas Rigs for Fourth Week in a Row

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since November 2022. 

Masdar, Verbund to Explore Large-scale Green Hydrogen Production

The joint venture between Masdar and Verbund will study the potential for green hydrogen to decarbonize hard-to-abate industries in Spain and central Europe to meet net-zero goals.

Australia's Woodside, Santos in Talks for $53B Oil-gas Merger

If Australian energy companies Woodside and Santos merge, they would have a 26% share of Australia's east coast gas market.

Chevron Plans $6.5 Billion US Shale Capex, Permian Growth in ‘24

California major Chevron Corp. is setting aside $6.5 billion to develop its U.S. shale portfolio next year, with the bulk of the spend allocated in the Permian Basin.

SMID Balance Sheets Built to Lure Consolidation, Lenders

Small and mid-caps’ strong balance sheets look attractive to credit investors and can provide equity that sweetens M&A.

Barents Sea Gas Bank Constrained by Infrastructure

The Norwegian Petroleum Directorate outlined options for moving gas out of the Barents to market while urging exploration and investment in the frontier region.

Encino Energy's Utica Oil Production Moves to Growth Mode [Watch]

Faced with Appalachia gas takeaway constraints, Encino Energy CTO Tim Parker said the company has the scale and economics that call for growing oil production in the Utica.

PGS Awarded 3D Exploration Contract in Asia Pacific

PGS’ Ramform Sovereign is scheduled to mobilize for the survey this December.

Diversified Energy’s Gameplan: Avoid Operational, Financial Risk

Douglas Kris of Diversified Energy shares the firm’s approach to long-lived production while keeping an eye on the bottom line.

NGL Energy Partners Launch Open Season for Grand Mesa Pipeline

NGL held open seasons for the conduit in 2016 and 2021.

Achieving Energy Self-Sufficiency: Argentina’s Game Changing Vaca Muerta

Argentina’s Vaca Muerta or “dead cow” shale formation represents a game-changing opportunity to convert the South American country into a major exporter of piped-gas and oil to the Southern Cone region as well as oil and LNG to world markets.

Petroleum Engineers will be at the Center of Net Zero, Geothermal

Jennifer Miskimins, chair of petroleum engineering at Colorado School of Mines, talks energy transition, geothermal, the longevity of oil and gas and the university’s role as one of the first to offer a CCUS program.

US Natgas Slides to 3-month Low on Mild Weather, Golden Pass LNG Delay

U.S. natural gas futures slid about 2% to a three-month low on Dec. 7 on forecasts for milder weather and lower heating demand.

Midstream M&A Market May Be Ripe for the Picking

East Daley Analytics will look at factors driving market volatility in its annual “Dirty Little Secrets” webinar.

Talos Appoints John Spath as EVP, Head of Operations

Talos Energy’s appointment of Spath succeeds Bob Abendschein as executive vice president.

Looking Back at the Frac

It took a lot of trial and error over the decades to make hydraulic fracturing an overnight success.

Exclusive: Exxon, Pioneer Expect Tough Federal Scrutiny of $60B Deal

Exxon reported more scrutiny from the FTC on Dec. 6, while Pioneer Natural Resources’ incoming CEO Rich Dealy told Hart Energy both firms will be transparent with the inquiry.

TotalEnergies, Masdar Test Flight Methanol to Sustainable Aviation Fuel

TotalEnergies and Masdar’s test flight, which used a blend of aviation fuel made from olefins, will support the certification of SAF production from methanol.

Natural Gas Producer CNX Resources Looks to Future with Hydrogen

CNX Resources is among the 15 key project development partners involved in the Appalachian Regional Clean Hydrogen (ARCH2) hub project.