Deon
Daugherty
Hart Energy
- Follow Us
Search
Shale Pioneer Harold Hamm Attacks US-Venezuela Oil Deal as ‘Desperation’
Founder of U.S. shale producer Continental Resources Harold Hamm says the Biden administration wants to put American industry “out of business.”
US Lawmakers Weigh Action Against OPEC
Meanwhile, the first days of December bring opportunities that may upend oil economies around the world as Russian sanctions kick in and OPEC reconvenes in Vienna.
BOEM Publishes Final Notice of Sale for Alaska Cook Inlet
The Inflation Reduction Act, signed in August, directed BOEM to hold the Alaska Cook Inlet sale on or before year’s end.
EQT, Shell Leaders Warn of Urgently Needed Permit Reform
At a recent energy conference, E&P leaders also warned that the energy transition needs to slow down or the U.S. will face European-style disruptions.
The Latest
First Pacific Ocean Wind Energy Auction Racks up $757 Million in Winning Bids
The provisional winners are expected to set the course for commercial-scale floating wind projects in deepwater off the California coastline.
December 7, 2022
Oil Gives Up the Year's Gains, Closing at 2022 Low
Prices plunged despite a decision by China, the world's biggest crude importer, to make sweeping changes to its anti-COVID regime.
December 7, 2022
Opinion: The Texas Grid Is Still Not Fixed
The immediate future for the ERCOT grid is not bright and as more wind and solar is added to the grid, Texas will rely more and more on aging coal and natural gas power.
December 7, 2022
G7 Russian Oil Price Cap Evolves From Revenue Squeeze to Market Anchor
Russian oil price cap could cause Moscow to curtail production, raising prices and potentially diminishing western support for Ukraine.
December 7, 2022
US Natgas Futures Rise 3% on Colder Weather Forecasts
Colder weather forecasts leading to an increased demand for heat prompted natural gas futures in the U.S. to rise.
December 7, 2022
Venezuela's PDVSA, Chevron to Address Joint Venture Workers After License
Venezuelan President Nicolas Maduro recently said that Chevron "will soon be producing and the oil reaching markets worldwide" at PDVSA's headquarters.
December 7, 2022
Russia's Output Up 2% Ahead of EU Ban, Price Caps
Company sources said that Russian oil output could fall by 500,000 to 1 MMbbl/d in 2023 after the EU ban.
December 6, 2022
White House to Ask Oil and Gas Execs to Support Ukraine Energy Infrastructure
The question arises as Russia targets Ukrainian energy assets during harsh winter conditions.
December 6, 2022
Expert: OPEC’s Production Hold Reveals Shift from Active to Reactive
Oil cartel will take its time to evaluate impact of the EU’s ban on seaborne imports and the G7’s $60/bbl price cap for Russian crude.
December 6, 2022
Oil Falls Over 3% Amid Fears More Fed Interest Rate Hikes Coming
Russian oil caps, OPEC+ inertia and new data challenges hopes that the Fed might slow the pace and intensity of its rate hikes
December 6, 2022