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United States
Shale Plays , Acquisitions & Divestitures
Vitol’s VTX Energy Partners Completes Southern Delaware Basin Deal
VTX Energy, backed by Swiss oil trader Vitol, purchased 35,000 net leasehold acres with an average production of 40,000 boe/d in the Delaware Basin’s Pecos and Reeves counties, Texas, in a deal Enverus said could be valued at $1.5 billion to $2 billion.
March 23, 2023
Business , Natural Gas , Crude Oil
Market Watchers: Oil, Gas Demand to Overtake Supply by Year’s End
Dennis Kissler, senior vice president of BOK Financial’s trading division, discusses supply and demand and the gambles ahead for the market.
March 23, 2023
Shale Plays , Pipelines
Argentina Plans Ramp Up of Production, Export Oil to Chile
Argentina looks to restart oil exports to Chile along the Trasandino Argentina SA (OTASA) oil pipeline over the next three to four months, Aleph Energy Managing Director Daniel Dreizzen told Hart Energy on the sidelines of CERAWeek by S&P Global.
March 23, 2023
Service Contracts , Energy Transition
Capstone Secures Follow-on Order for Microturbines
Horizon Power Systems commissioned two microturbines from Capstone Green Energy to power a remote natural gas compression facility in Wyoming’s Green River Basin.
March 23, 2023
Rig Counts , Natural Gas , Crude Oil , Shale Plays
Marcellus, Permian Add Rigs Despite Commodity Price Volatility
Gas-directed rig activity in key U.S. plays, including the Marcellus Shale and Permian Basin, increased in a big way last week, but analysts expect cuts to the rig count later this year.
March 23, 2023
![Former US Sen. Mary Landrieu: Build More Pipelines Now [WATCH]](/sites/default/files/styles/featurable_list_image/public/image/2023/03/former-us-sen-mary-landrieu-build-more-pipelines-watch.jpg?itok=BbfFwMaf)
Legislation , Energy Transition , Pipelines
Former US Sen. Mary Landrieu: Build More Pipelines Now [WATCH]
Former Democratic U.S. Sen. Mary Landrieu, now a leader with Natural Allies for a Clean Energy Future, discusses the need to build new pipelines, particularly along the East Coast, and why solar, wind and natural gas are natural partners.
March 22, 2023
Liquefied Natural Gas , Natural Gas
Asia Seeking Reliable Gas from US, Australia, Qatar and Beyond
Asia continues to seek affordable, reliable, sustainable energy to assist world emissions targets and “be part of the solution, not part of the problem,” Asia Natural Gas & Energy Association (ANGEA) CEO Paul Everingham told Hart Energy during CERAWeek by S&P Global.
March 22, 2023
Acquisitions & Divestitures , Midstream
CorEnergy Sees ‘High’ Interest in Marketed Pipeline Systems
CorEnergy Infrastructure Trust Inc. is marketing its Omega Pipeline Co. and MoGas Pipeline LLC systems as it looks to deleverage.
March 22, 2023
Acquisitions & Divestitures
A&D Minute: Could Crude Transportation Safety Improve with Railway Mega-merger? [WATCH]
Also in this week's A&D Minute, Principal Solar plans on buying the century-old Minerva-Rockdale oil field and New Fortress Energy is divesting its interest in a floating LNG facility.
March 22, 2023
Acquisitions & Divestitures , Trends , Mergers , Joint Ventures
Energy A&D Transactions from the Week of March 22, 2023
Here’s a snapshot of recent energy deals, including Canadian Pacific Railway’s $27 billion acquisition of Kansas City Southern, the only single-line crude-by-rail railroad connecting Canada, the U.S. and Mexico.
March 22, 2023