Vine Resources Files $500 Million IPO As The Haynesville Comes Back In Favor Being a basin that produces dry gas, the Haynesville...
House Bill 1613 and Senate Bill 284, together known as the The Oklahoma Energy Jobs Act of 2017 (“OEJA”), were introduced on...
Throughout the STACK and SCOOP, mineral buyers have been actively acquiring mineral interests, and as such, mineral buying is at an all-time...
Oklahoma’s STACK play continued making headlines over the past month as established players in the area double down on their Q1 investments...
Chisholm Oil & Gas LLC and Apollo Global Management LLC (NYSE: APO) formed a strategic partnership as the E&P closed on 53,000...
Newfield Exploration Co. (NYSE: NFX) broke ground on a multimillion dollar water recycling facility in Oklahoma’s Stack Play within the Anadarko Basin,...
THE WOODLANDS, Texas — Newfield Exploration Company, in conjunction with the Company’s participation in this week’s Scotia Howard Weil Energy Conference, has...
Removing the word “shale” from the state’s existing Shale Reservoir Development Act A 2016 State Chamber study demonstrated 3 key facts about...
Gastar Exploration has expanded its presence in the STACK play of Oklahoma by increasing its stake in a set of wells and...
White Star Petroleum, LLC announced today that it has acquired approximately 30,500 net acres in the Mid-Continent region in two transactions with...
Benchmark U.S. crude oil for February delivery fell $1.46 to $74.11 per barrel Wednesday. Brent crude for February delivery fell $1.42 to $79.65 per barrel.
Wholesale gasoline for January delivery fell 1 cent to $2.15 a gallon. January heating oil fell 5 cents to $2.62 a gallon. January natural gas rose 7 cents to $2.62 per 1,000 cubic feet.
Williams has reached an agreement to acquire a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion, the company said Dec. 27.
The transaction includes six underground natural gas storage facilities in Louisiana and Mississippi with a total capacity of 115 Bcf, as well as 230 miles of gas transmission pipeline and 30 pipeline interconnects to attractive markets, including LNG markets, and connections to Transco, the nation’s largest natural gas transmission pipeline.
Top Israeli officials are reviewing a draft peace proposal crafted by neighboring Egypt to end fighting in the Gaza Strip, focusing on initial steps including renewed hostage and prisoner swaps, according to reports yesterday. The role of Hamas in a postwar governing structure—a nonstarter for Israel, say experts—remains a key hurdle. Hamas and partner militant group Islamic Jihad were said to have quickly dismissed Egypt's plan.
Discussions come as the Israeli military said it had expanded operations into urban refugee centers in central Gaza, where Hamas leaders claim at least 70 people were killed in an airstrike at the al-Maghazi camp. Israel said it was reviewing the incident.
Israeli Prime Minister Benjamin Netanyahu visited troops in northern Gaza Sunday, reiterating the war may continue for months. He has faced increasing pressure to focus on the safe return of about 130 hostages still held by Hamas—family members booed Netanyahu during a Monday speech to the country's legislature.
What’s a virtual world without anyone in it? As of last year, only 200,000 people were active in Horizon Worlds, Meta’s VR world, and Meta has yet to provide an update on that number. And for the ones who are there…it’s not that exciting. Quest 3, the latest iteration of Meta’s VR headset, debuted in October. By many accounts, it was an improvement on the Quest 2. But the problem that’s plagued the metaverse remained: What do you do once you’re in it? Some who entered the virtual world just couldn’t escape the feeling that it was more boring than the real one.
Companies shifted away from the metaverse as the focus on artificial intelligence intensified. While Zuckerberg remained bullish on the metaverse, he paid more attention to AI at Meta Connect 2023, Meta’s annual conference. And, as recently as this month, the company pushed new AI developments, including “Imagine with Meta AI,” an image-generating tool, alongside updates to its AI assistant. Meanwhile, Meta temporarily listed a battery strap for the Quest 3 as “out of stock” last month because the product was so glitchy. The company that renamed itself after the metaverse may end up pivoting to AI instead.
On the money. Politicians and advocacy groups warned that Musk’s takeover could lead to a rise in hate speech and disinformation on Twitter/X—and it did. Musk has implemented some platform restrictions on data gathering that have stifled dozens of studies trying to dig deeper into these trends, according to Reuters, but the EU is investigating X under its new tech rules.
Unforeseen: We weren’t creative enough to predict that this year Musk would challenge Mark Zuckerberg to a cage match in “ancient Rome”—and then not follow through. Or that he would tell some of his biggest advertisers to “go f***” themselves for pausing their spending after he endorsed an antisemitic conspiracy.
Looking to next year…maybe in between product meetings about X’s new banking feature, Musk will try to plug his losses with the help of his budding AI company, X.ai, which is seeking $1 billion in funding. But he also said a few months ago that X “may fail, as so many have predicted.”—ML
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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