Hart Energy

5 days ago | hartenergy.com | Siyi Liu

Oil prices jumped on June 23 to their highest since January as the U.S.' weekend move to join Israel in attacking Iran's nuclear facilities stoked supply worries. Brent crude futures was up $1.92 or 2.49% at $78.93/bbl as of 0117 GMT. U.S. West Texas Intermediate crude advanced $1.89 or 2.56% to $75.73. Both contracts jumped by more than 3% earlier in the session to $81.40 and $78.40, respectively, touching five-month highs before giving up some gains.

1 week ago | hartenergy.com | Chris Mathews

Vast untapped oil and gas reserves lie beneath U.S. federal lands, according to a new U.S. Geological Survey (USGS) assessment that evaluates for the first time both conventional and unconventional reservoirs. The last time the USGS allocated potential volumes of undiscovered, technically recoverable oil and gas reserves to federal lands was in 1998—before the U.S. shale revolution took off.

1 week ago | hartenergy.com | Nissa Darbonne

WILLIAMSBURG, Va.—Permian Basin-focused operator Don Sparks said $50 oil, which is President Trump’s target, is too low. Sparks addressed fellow Independent Petroleum Association of America (IPAA) members at the IPAA’s annual meeting upon being inducted as the 96-year-old organization’s Chief Roughneck, the organization’s highest award honoring industry veterans.

1 week ago | hartenergy.com | Nissa Darbonne

WILLIAMSBURG, Va.—The U.S. should leave it to Israel to take Iran and its terrorism and nuclear capabilities out of business, retired U.S. Sen. Joe Manchin told oil and gas producers on June 19. “We cannot get back into another war,” Manchin told Independent Petroleum Association of America (IPAA) members at the organization’s annual meeting. “You've got one of the most advanced militaries and most lethal militaries in the world with Israel.

1 week ago | hartenergy.com | Sandy Segrist

After lining up the last of its federal permits, Kimmeridge’s Commonwealth LNG plans to make a final investment decision by October, the company said June 18. The U.S. Federal Energy Regulatory Commission ended the ongoing environmental battle that had delayed the final order by declaring that the project located near Cameron, Louisiana, was “environmentally acceptable” and “not inconsistent with the public interest.”Commonwealth LNG is a 9.5 million tonness a year (mtpa) export terminal project.