OklahomaMinerals.com

Snippets

• Apollo, Capital Power plot $3B investment in US gas plants
  Apollo Global Management has partnered up with Canadian power producer...
  Apollo Global Management has partnered up with Canadian power producer Capital Power to pursue up to $3 billion in equity-backed acquisitions of US natural gas-fired power plants. Apollo will contribute 75% of the capital while Capital Power will hold a 25% to 50% working interest in each asset, a structure that allows both parties to act quickly on opportunities.
  Read More
• Tailwater Buys Majority Interest in Central Midstream
  Tailwater Capital LLC has acquired...

  Tailwater Capital LLC has acquired a majority interest in Central Midstream Partners LLC, expanding the private equity firm’s portfolio of natural gas infrastructure across the Gulf Coast and Utica regions. Financial terms were not disclosed in the Dec. 11 announcement.

  
  

  Central Midstream, originally founded as Central Crude more than 50 years ago, provides liquids transportation, storage and terminal services. Its asset footprint includes more than 100 miles of pipeline, about 350,000 bbl of storage capacity and a multi-modal terminal in Ohio that links Utica condensate production to waterborne and rail markets. The Houston-based company also has operations on the Gulf Coast.

  Read More
• ☕️What Else is Brewing Friday Morning
  OpenAI rolled out a more advanced ChatGPT model. Unsatisfied...
  OpenAI rolled out a more advanced ChatGPT model. Unsatisfied with the waves made by its $1 billion deal with Disney, OpenAI made more news yesterday when it unveiled GPT-5.2, the latest version of its signature chatbot that the company says can perform a range of tasks better than predecessors. Per OpenAI, the model is faster at finding information, translating, and coding, and is better at figuring out more complex tasks like math. The announcement comes about a week after CEO Sam Altman declared a “code red,” telling employees that ChatGPT needed to beef up, or risk falling behind rivals like Google’s Gemini 3.
  
  The US is preparing to seize more Venezuelan oil tankers following the seizure of one earlier this week, Reuters reported.
  
  Kilmar Abrego Garcia, a Maryland resident who was mistakenly deported to El Salvador, must be immediately released from a Pennsylvania detention facility while his case continues, a federal judge ruled yesterday.
  
  Mike Lindell, the founder of MyPillow and a 2020 election conspiracy theorist, is running for governor of Minnesota, he announced yesterday.
  
  US unemployment claims jumped by the most since 2020 last week, according to Labor Department data.
  
  Microsoft AI executive Mustafa Suleyman promised the company will stop work on artificial intelligence if it becomes a threat to humanity, he told Bloomberg.
  Read More
• DAILY OIL PRICE: December 11, 2025
  Crude Oil: 57.60   (-0.86)....
  
  
  • Crude Oil: 57.60   (-0.86).
  
  
  • Nymex MTD AVG: 59.0918.
  
  
  • Natural Gas: 4.231   (-0.364).
  
  
  • Gasoline: 1.7598   (-0.0217).
  
  
  • Spreads: January/February (+0.15)     February/March (+0.10).
  
  
  • Plains WTI Posting: 54.08   (-0.86).
  
  

  
  Source: Odessa American
  
  
  Read More
• Stock Market Closing Report - Thursday, December 11, 2025
  U.S. stocks diverged sharply on Thursday as investors...

  U.S. stocks diverged sharply on Thursday as investors rotated out of high-flying tech stocks following disappointing Oracle earnings, while the Dow and S&P 500 hit new record highs.

  
  

  Major Index Performance:

  
  ☑️ Dow Jones Industrial Average: surged 646.26 points (+1.34%) to finish at 48,704.01, reaching a fresh closing high and new intraday record.
  
  ☑️  S&P 500: rose 0.21% to settle at 6,901.00, notching a new closing record.
  
  ☑️  Nasdaq Composite: pulled back 0.25% to finish at 23,593.86
  

  Market Drivers: The market action reflected a dramatic rotation from technology stocks into economically sensitive sectors following Oracle's disappointing results. Oracle stock tanked nearly 11% after the software giant missed on cloud sales and hiked its already aggressive data center spending by $15 billion, reviving concerns about AI overspending.

  
  

  Despite tech weakness, investors remained encouraged by yesterday's Fed rate cut and Chair Powell's reassuring comments. Powell hinted that a rate hike would be off the table for January while talking up the US economy's strength

  Read More

• Prev
• Next