Wednesday, May 14, 2025
Russia May Be Testing U.S. Gas Nerve with Europe Push: Citi

An LNG Horse Race

U.S. first-mover Cheniere has been exporting gas since early 2016, but what happens when you add 6 more LNG projects under construction that represent total capacity of 13.5 Bcf/day of U.S. natural gas heading to global destinations, with first shipments in ’18 and ‘19 ? Harold Hamm, Chairman of Continental Resources (ticker: CLR) sees attractive long-term growth prospects in global

Double Eagle Back For Round Three

Previous company formed with Apollo was bought by Parsley for $2.8 billion Double Eagle Energy is back again, as the private development company just announced the formation of third iteration of the company. The first Double Eagle Energy was formed with Apollo Global Management in 2013, when the partnership focused on the Anadarko and Ardmore Basin. This company sold most

Rig Activity Continues to Drop

Land rigs drop by seven U.S. drilling activity continues to fall, dropping for the fourth straight week according to Baker Hughes Weekly Rig Count. The total number of rigs active in the U.S. fell by six to 940, down 18 from the peak of 958 in the last week of July. Seven land-based rigs shut down this week, dropping the

Statoil Looks to Shale-But Not in the U.S.

Agreement with YPF marks Statoil’s entry into Argentina Statoil (ticker: STO) and YPF announced today an agreement to explore hydrocarbons in the Vaca Muerta shale. This represents Statoil’s entry into Argentina. Under the terms of the agreement, Statoil will enter the Bajo del Toro license block with a 50% interest. YPF will retain a 50% share and will remain the

Hurricane Harvey Likely to Reduce U.S. Refinery Output: Baird

Hurricane Harvey, which is expected to make landfall around one o’clock in the morning on Saturday, August 26, may have an impact on the near-term energy outlook for the U.S. As of now, Harvey is classified as a Category-2 storm and is expected to be re-characterized to a Category-3 storm around the time it makes landfall. The last Category-3 hurricane