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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,
Big Oil eyes powering Big Tech's data center demand
Chevron Corp and Exxon Mobil are considering entering the electricity business, with the U.S. oil majors working on deals to use natural gas and carbon capture to power the technology industry's AI data centers,
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.
16h
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 ...
The Texas Tribune on MSN
3h
Odessa elected its first gay City Council member
City Council member Craig Stoker poses for a photo at Odessa City Hall on Dec. 3. Credit: Julian Mancha for The Texas Tribune ...
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 ...
Odessa American
1h
Community Rewards names winners
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
2d
Permian Basin Comic Con X: Holiday Edition returns with stellar guest list
Holiday Edition is a smaller version compared to the spring convention. However, with the lineup of celebrities and guests, this year's holiday edition of comic con might be its biggest one yet.
3h
Exxon Mobil Vs. Diamondback Energy: Only One Is A Compelling Buy
Diamondback Energy and Exxon Mobil have strong shareholder capital return programs. Read more on which energy producer stands ...
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