Author: Erick Parel

Newsom asks regulator to keep oil refineries in business – too little too late

Energy News Beat ENB Pub Note: Earlier this week, I published: “Bill looking to permanently ban oil and gas activities off California” on the Energy News Beat Substack. And it was pointing out that the energy policies in California are an absolute travesty. I have a podcast scheduled to record next week with Mike Umbro […]

The United States operates the world’s largest nuclear power plant fleet

Energy News Beat Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory (February 2025) Note: Alaska and Hawaii do not have nuclear power plants. Capacity values are net summer capacity. In 2024, U.S. utilities operated 94 nuclear reactors with a total net generating capacity of nearly 97 gigawatts (GW), the largest commercial nuclear power generation fleet in […]

U.S. Policy Shift on Crimea Complicates Ukraine Negotiations

Energy News Beat ENB Pub Note: The following article, written by RFE/RL staff, presents interesting points about the United States’ recognition of Crimea and its shift in Ukraine policies.  I have several interviews lined up to cover this coming out soon.  Is the fear of losing elections enough in the EU to continue down the […]

Range Announces First Quarter 2025 Results

Energy News Beat FORT WORTH, Texas, April 22, 2025 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2025 financial results. First Quarter 2025 Highlights Cash flow from operating activities of $330 million Cash flow from operations, before working capital changes, of $397 million Repurchased $68 million of shares, paid $22 million in […]

EQT Reports First Quarter 2025 Results

Energy News Beat PITTSBURGH, April 22, 2025 /PRNewswire/ — EQT Corporation (NYSE: EQT) today announced financial and operational results for the first quarter of 2025. First Quarter 2025 and Recent Highlights: Production: Sales volume of 571 Bcfe, at the high-end of guidance driven by strong well performance and minimal winter weather impact from integrated midstream coordination Capital Expenditures: $497 million, 19% […]

Matador Resources Company Reports First Quarter 2025 Results and Announces $400 Million Share Repurchase Program and Adjustment in Drilling Activity

Energy News Beat DALLAS, Apr. 23 /BusinessWire/ — Matador Resources Company (NYSE:MTDR) (“Matador” or the “Company”) today reported financial and operating results for the first quarter of 2025 and announced the approval of a $400 million share repurchase program and adjustments to its drilling activity for 2025. A slide presentation summarizing the highlights of Matador’s […]

CNX Reports First Quarter Results

Energy News Beat PITTSBURGH, April 24, 2025 /PRNewswire/ — CNX Resources Corporation (NYSE: CNX) (“CNX” or “the company”) today released financial and operational results for the first quarter of 2025 by posting those results on its website as detailed below. The company’s first quarter prepared remarks can be accessed by clicking here. First quarter earnings results and supplemental information […]

Texas Grid Lessons: ERCOT’s Future

Energy News Beat Daily Standup Top Stories How will ERCOT and Texas learn from the past on the grid? April 23, 2025 Clark Savage ENB Pub Note: This is an essential update from Doug Sheridan, a LinkedIn Author and knowledgeable leader in the energy sector. Doug is raising some significant concerns about the Texas grid and […]

Kimmeridge’s Commonwealth LNG seeks expedited approval from FERC

Energy News Beat In February, Commonwealth said it was targeting FID on its planned 9.5 million tonnes per annum LNG facility in Cameron Parish in September of this year after it received a conditional non-FTA approval from the US DOE. The LNG terminal developer also received its draft supplemental environmental impact statement (SEIS) from FERC. FERC […]

U.S. crude oil production rose by 2% in 2024

Energy News Beat U.S. crude oil production grew by 270,000 barrels per day (b/d) in 2024 to average 13.2 million b/d, according to our Petroleum Supply Monthly. Almost all the production growth came from the Permian region. Our Short-Term Energy Outlook (STEO) breaks out U.S. Lower 48 (L48) crude oil production data for the Appalachia, […]