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Permian Basin, Sharon AI and New Era Helium
Exxon unveils low-carbon plan to power data centers; eyes $140B in Permian Basin capex
Exxon Mobil (NYSE:XOM) is designing a natural-gas fired power plant to help fuel data centers that will use carbon capture and storage equipment with the ability to capture more than 90% of its carbon emissions,
Sharon AI, New Era Helium expand capacity of planned natural gas-powered data center in Permian Basin
New Era Helium and Sharon AI have expanded the capacity of a planned natural gas-powered data center in the Permian Basin, West Texas, US. The binding Letter of Intent (LOI) increased the capacity to 250MW from 90MW after additional electricity capacity for the project was secured.
New Era Helium and Sharon AI Expand and Accelerate Plans for a Net-Zero Energy Data Center in the Permian Basin
New Era Helium, Inc. (Nasdaq:NEHC) ("NEH," "New Era Helium" or the "Company"), an exploration and production (E&P) company sourcing helium produced in association with natural gas reserves within the Permian Basin,
Exxon Mobil unveils plans to build a natural gas power plant to supply electricity to data centers
Exxon Mobil is “well along” in a plan to build its first commercial power plant, fueled by natural gas, to directly supply electricity to data centers, the company announced Wednesday. It’s a shift in strategy for the Spring-based oil and gas giant,
Exxon Mobil’s New Plan Goes Bigger in Oil—and Even Data Centers
Exxon Mobil plans to invest heavily into several big projects over the next six years, even as some other oil companies are growing more cautious, the company said at an investor day on Wednesday. All that investment comes at a time when most analysts expect oil prices to fall next year because of a glut—which may be why Exxon stock was down 0.
1d
on MSN
Exxon pouring $140 billion into the Permian Basin after rise in third quarter production
Exxon Mobil Corp. has announced plans to spend $140 billion in the Permian Basin region as part of a plan by the oil and gas ...
1d
More than 3,000 gifts distributed to over 380 foster children, families in the Permian Basin
This Christmas, community members in the Permian Basin came together to bring the gift of hope, joy, and actual presents to ...
1d
Houston midstream company Kinetik Holdings to buy Permian Basin assets
A Houston-based company is making its latest in a slew of acquisitions this year, including in New Mexico's Eddy County.
2d
Energy Transfer unveils $2.7bn pipeline linking Permian Basin to key markets
The first phase will connect the Energy Transfer pipeline and storage network, linking to the Dallas/Ft. Worth Metroplex.
12h
Wrestling legend Hulk Hogan stops in the Basin to promote his new beverage
WWE Hall of Famer Hulk Hogan stopped in the Permian Basin today for two meet-and-greet events as he tours Texas promoting his ...
Midland Reporter-Telegram
5d
Permian Basin faces potential spending cuts as oil prices soften
Enverus report suggests Permian Basin operators might cut 2025 spending to maintain oil production as prices approach $60 per ...
1d
2024 Midstream M&A Recap: Permian & Gas In Focus
The energy infrastructure space has seen significant M&A activity in 2024. Many of the transactions have been concentrated in ...
9d
on MSN
Research offers insights into Permian Basin earthquake hazards
A new collection of published papers offers the most detailed and comprehensive breakdown yet of how water injected into the ...
21h
What Energy Transition? ExxonMobil Plans 18% Production Boost By 2030
ExxonMobil announced plans on Wednesday to raise its oil and natural gas production by 18% by 2030, investing between $28 ...
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