Pietro D
Pitts
Hart Energy
Port of Corpus Christi Moves Record Cargoes in Third-quarter 2024
The Port of Corpus Christi, the U.S.’ largest energy export gateway, moved a record 53 million tons in the third-quarter 2024, driven by increases in crude oil and dry bulk movements.
Warmer-than-average US Temps to Pressure Gas Demand Side
Higher U.S. temperatures are expected to pressure gas demand for gas-fired electricity, according to a report from Rystad Energy.
Mexico Pacific Edging Saguaro LNG Toward FID to Move Permian Gas
Mexico Pacific CEO Sarah Bairstow shared her thoughts with Hart Energy on the outlook for the Saguaro Energía LNG project as it marches forward with plans to be the Permian’s relief valve on associated gas buildup.
Exclusive Q&A: LNG Canada to Open Country Up to Asian, Global Markets
The start-up of LNG Canada in mid-2025 will give its five joint venture partners access to liquefaction and international trade, which wasn’t a possibility from Canada before, an LNG Canada vice president told Hart Energy.
The Latest
Northern’s O’Grady: Most of ‘Best’ Acres ‘Already Been Bought’
Adding new-well inventory going forward will require “exploration or other creative measures,” said Nick O’Grady, whose Northern Oil and Gas holds interests in 10,000 Lower 48 wells.
New Fortress Energy Appoints New President
New Fortress Energy Inc. has appointed Andrew Dete, managing director, to the role of president.
Shell to Buy New England Gas-fired Power Plant
Shell already had a market agreement with RISEC Holdings for all of the electricity the 609-MW Rhode Island plant produced.
Matador May Tap Its Haynesville ‘Gas Bank’ if Prices Stabilize
The operator holds 8,900 net Haynesville Shale acres and 14,800 net Cotton Valley acres in northwestern Louisiana, all HBP, that it would drill if gas prices stabilize—or divest for the right price.
Diversified Inks NatGas Supply Contract with Gulf Coast LNG Facility
Diversified Energy will supply 40 Bcf to an unnamed Gulf Coast LNG facility over a three-year period.
Pitts: How Venezuelan Elections Impact Texas and Louisiana
The ramifications of another questionable election in Venezuela comes as Chevron’s quest to recoup debts continues. And Washington’s likely next steps will include more of the same: sanctions.
NextEra Ponders Nuclear Plant Restart as Backlog Climbs
NextEra Energy’s CEO is considering restarting the Duane Arnold nuclear plant as electricity needs, particularly from data centers, are growing.
PE Firm KKR Buys Stake in Eni’s Biofuels Business for $3.2B
KKR will buy nearly a quarter of Eni’s Enilive, which values the biofuels unit at about $12.7 billion.
Range Confirms: Data Center Talk Underway for Marcellus Gas-fired Power
Deals will take a while, however, as these multi-gigawatt agreements are also multi-decade investments, said Range Resources CFO Mark Scucci.
Mexico Pacific Working with Financial Advisers to Secure Saguaro LNG I FID
Mexico Pacific is working with MUFG, Santander and JP Morgan to arrange the financing needed to support FID and the anchor phase of Saguaro Energía LNG.