Energy Transition in Motion (Week of Oct. 4, 2024)
Here is a look at some of this week’s renewable energy news, including the startup of a solar module manufacturing facility with an annual 2-gigawatt capacity.
Exclusive: Sheffield Clears the Air, Formentera is Not Just a PDP Buyer
Formentera Founder and Partner Bryan Sheffield delves into the company's drilling operations including the unique history of how Formentera took up assets in Australia's Beetaloo, in this Hart Energy Exclusive interview.
Woodside on the Prowl for Driftwood Partners, Gas Suppliers
Australian natural gas and LNG exporter Woodside Energy, which recently agreed to acquire Tellurian in a deal valued at $1.2 billion, isn’t yet looking to develop an upstream U.S. onshore position to secure gas for Driftwood LNG.
Macquarie Buys Up to $1.73B Stake in D.E. Shaw Renewable Investments
Macquarie Asset Management is acquiring a minority stake in D.E. Shaw Renewable Investments in an equity investment of up to $1.73 billion.
Energy Transition’s Big Ticket Item? $1.5T in Natgas Infrastructure
Energy executives from companies such as Cheniere and Woodside are planning for the energy transition—and natural gas as part of it.
Woodside to Maintain at Least 50% Interest in Driftwood LNG
Australia’s Woodside Energy plans to maintain at least a 50% interest in the 27.6 mtpa Driftwood LNG project that it's buying from Tellurian, CEO Meg O’Neill said during a media briefing at Gastech in Houston.
Pitts: Is the Permian-Mexico-Asia Gas Route at Risk?
Delayed construction of Mexican LNG projects hinders U.S. producers’ ability to improve access to thriving markets.
No Good Vibrations: Neo Oiltools’ Solution to Vibrational Drilling Problems
Vibrations cause plenty of costly issues when drilling downhole, but Neo Oiltool’s NeoTork combats these issues, enhancing efficiency and reducing costs.
E&P Highlights: Sept. 9, 2024
Here’s a roundup of the latest E&P headlines, with Talos Energy announcing a new discovery and Trillion Energy achieving gas production from a revitalized field.
US LNG Export Market Share Reaches 21%, Despite Biden Pause
Despite the Biden administration’s pause on LNG export facilities, the U.S. took the spot as global LNG exporter in 2023, overtaking Australia, Qatar and Russia, according to the International Gas Union.