Saturday, August 2, 2025

U.S. Shale to Offset Global Production Problems: Analysts

From CNBC A sustained upswing in U.S. shale growth is likely to offset global production problems over the coming months, energy analysts told CNBC on Wednesday. The mood music in the energy market has been heavily influenced by a flurry of demand-side developments of late, with investors continuing to monitor an escalating trade war between the U.S. and China, the financial crisis in

Uber Exits Self-Driving Truck Highway, Kodiak Robotics Merges In with $40 Million in Tow

From Wired For the developers of self-driving vehicles, semi-trucks are a potential low-hanging fruit. Although big rigs are imposingly, intimidatingly huge, they also predominantly run on freeways and other fixed routes that are simpler to automate. Fleet managers are easier to convince with rational, financial arguments than individual car buyers. Plus, there’s a shortage of some 50,000 truck drivers in the US. A new startup,

BOEM Oil & Gas 360

Gulf Lease Sale Generates $178 Million

Zinke pauses on lowering royalty rate From the Houston Chronicle A federal lease sale in the Gulf of Mexico Wednesday generated $178 million in winning bids, raising expectations that drillers’ confidence in the region is rising. After a March auction that had been billed as the largest in U.S. history only generated $125 million, many began to wonder whether the

Iron Bridge Resources Provides Operations Update and Reports Second Quarter 2018 Financial Results

Iron Bridge Resources Inc. (TSX :IBR) published a Gold Creek operations update and reported its financial results for the second quarter ended June 30, 2018. Gold Creek Montney Operations Update At Gold Creek, Iron Bridge holds 49,600 net acres (77.5 net sections) within the oil-rich window of the Gold Creek Montney formation. Asset development of the Montney formation in the Gold Creek