STORY BY Mella McEwen, Oil Editor |Midland Reporter| Two major deals put Permian Resources on the radar of energy watchers. First was...
Story by Andreas Exarheas | RigZone.com |In an oil and gas report sent to Rigzone late November 22, Macquarie strategists said they...
By: Reuters – Venezuela is currently producing some 850,000 barrels per day (bpd) of oil and hopes to soon reach 1 million...
The U.S. stock market is expected to end November on a high note, with predictions of sustained momentum through the end of...
By: News 9 – A Connecticut energy startup company plans to build a lithium refinery just outside Tulsa, on an unspecified 66-acre...
LONDON, (Reuters) – Giant batteries that ensure stable power supply by offsetting intermittent renewable supplies are becoming cheap enough to make developers...
By: Carol A. Clark – Los Alamos Daily Post – The nationally leading oil and gas regulations of the Lujan Grisham administration...
Story By Stephen Cunningham |Argus Media| Future merger and acquisition activity may not be able to match the size of the deals...
Story by Andreas Exarheas|Rigzone Staff| World oil demand continues to exceed expectations, the International Energy Agency (IEA) stated in its latest oil...
The European Union’s recent agreement to significantly curb methane emissions in the energy sector marks a pivotal step in its ongoing battle...
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
The energy sector moved higher Tuesday morning, supported by strength in the crude complex and the major equity futures extending their rally into the last week of the year.
WTI and Brent crude oil futures are kicking off the holiday-shortened week higher amid ongoing geopolitical tensions and optimism surrounding the Fed’s dovish pivot. Traders are continuing to focus on last week’s catalysts and are keeping an eye out for more news surrounding tensions in the Middle East. Elsewhere, as of Sunday, Denmark's Maersk announced it is preparing to resume shipping operations in the Red Sea and the Gulf of Aden, citing the deployment of a U.S.-led military initiative to protect ships traveling through the area.
Natural gas futures are lower on forecasts for warmer temperatures.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
Natural gas remains the leading source of electricity generation in the United States, but...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
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