Viper owns mineral and royalty interests, primarily in the Permian Basin. Royalty owners collect a percentage of production revenue from every barrel of oil, cubic foot of natural gas, and barrel of natural gas liquids produced on their acreage without bearing drilling costs or capital expenditures.
The Trump administration has teed up the entire Gulf region for a Deepwater Horizon sequel with its approval of BP's extremely risky ultra-deepwater drilling project, said Brettny Hardy, senior attorney at Earthjustice, one of the groups.
Santa Barbara County Superior Court Judge Donna Geck upheld a preliminary injunction issued last summer against Sable, prohibiting the pipeline system's restart until the Houston-based company adheres to all state and local regulations.
U.S. President Donald Trump issued several pipeline permits on Wednesday, including one for the construction of a new pipeline, to facilitate the transportation of crude oil and petroleum products between the U.S. and Canada.
Data centers accounted for around 50% of all electricity demand growth in the U.S. last year, according to the IEA, far surpassing the rise in electricity usage in the residential, industrial, and transport sectors.
"We just have not kept up with water supply and water infrastructure like we should have. And it's decades in the making," said Peter Zanoni, the city manager since 2019.
The world's top 100 oil and gas companies banked more than $30m every hour in unearned profit in the first month of the US-Israeli war in Iran, with Saudi Aramco, Gazprom, and ExxonMobil among the biggest beneficiaries.
Investor-owned utilities are signaling a record-breaking wave of capital spending, and history shows that those plans are often a leading indicator of future utility rate increase requests.
Citi's upgrade reflects a broader geopolitical reality reshaping global energy markets. The Iran war is accelerating the flight of European and Asian buyers toward secure, long-term U.S. LNG supply contracts.
The Board believes Texas legislators, judges, and juries who might make decisions that impact Exxon Mobil are generally more familiar with our business and operations. A new Texas law makes it harder for shareholders to sue companies by requiring a minimum stock ownership to file lawsuits, providing legal protection that serves as the real draw for redomiciliation.
But one key voice was missing from the celebration: Texas GulfLink's developer. Dallas-based Sentinel Midstream declined to comment on the administration's announcement, and didn't issue any press release for its politically ballyhooed project approval. Sentinel's silence was a symptom of a bigger disconnect in the gulf.What once was a race to build a series of deepwater terminals prior to the pandemic-including the involvement of household names such as Phillips 66 and Chevron-has now turned into silence over stalled projects that may never come to fruition.
We don't really know the extent of the damage. They haven't told us anything, and we haven't heard anything about them conducting any studies, or at least they haven't reported on them.
Vistra's core business is performing at a level that justifies management's confidence. The record Adjusted EBITDA, locked-in long-term power purchase agreements with hyperscale technology buyers, and a ~30% reduction in share count since November 2021 through roughly $5.9 billion in buybacks paint a picture of a management team allocating capital with conviction.
Energy Transfer ( NYSE: ET) delivered a mixed fourth quarter 2025 performance, posting $25.32 billion in revenue while net income declined to $928 million, down from $1.08 billion year-over-year. The midstream giant reported $0.25 EPS and adjusted EBITDA of $4.18 billion, representing an 8% increase from the prior year quarter. Despite the earnings decline, Energy Transfer achieved multiple operational records.
January 2026 showed just how violent this relationship can get: Henry Hub spiked to $30.72/MMBtu on January 23 - a near-tenfold surge - before collapsing to $3.13/MMBtu by February 23. Extreme winter heating demand and supply constraints drove that move - exactly what BOIL is built to capture on the upside, and what devastates holders on the way back down.
Sade Hogue was five months pregnant with her second daughter when her home lost power during a deadly 2021 winter storm that left millions of Texans without power or heat for days. Hogue and her family went to stay with relatives who still had electricity. Then, a few days later, they also lost power. "Not only are you worried about you, but you're worried about the unborn child because you don't know what the effects of this freeze is doing to the child as well,"
