Let’s say you’re the UK’s largest oil and gas producer recording 208 MBOED in global volumes of which 90% is from the North Sea. Last year you posted $2.4 billion in profits. But along came a new windfall tax and, suddenly, that $2.4 billion in profits just became $8 million. ...
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Interesting news nuggets today: Coming off a “high” of 12% last month, wind this week dropped to just 6% of the total energy used by U.S. power plants to generate electricity. By contrast, natural gas rose to 44% of the total vs 40% in the same period. ...
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Danny Rice, the middle brother of the famed Marcellus gas-producing trio, is about to enjoy one exceptional week....
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Among the 13 largest U.S. midstream companies, no less than seven are developing or actively constructing natural gas infrastructure in a single region—the Permian and Haynesville....
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Enverus has released its annual list of the nation’s most prolific private E&Ps, and surprisingly the top two aren’t Texas-based....
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Not quite a month ago, Chairman and CEO Thomas F. Karam of Pa.-based Equitrans, struck a somber tone in the company’s 1Q earnings report. ...
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