Sunday, September 7, 2025
Interest in Shell's Permian assets seen as a bellwether for shale demand- oil and gas 360

Interest in Shell’s Permian assets seen as a bellwether for shale demand

Reuters NEW YORK/HOUSTON – A cadre of oil companies, seeing continued profits in shale, are mulling Royal Dutch Shell’s holdings in the largest U.S. oil field as the European giant considers an exit from the Permian Basin, according to market experts. The potential sale of Shell’s Permian holdings, located in Texas, would be a litmus test of whether rivals are

Energy supply narrowly outpaces demand as Texans are asked to conserve power- oil and gas 360

Energy supply narrowly outpaces demand as Texans are asked to conserve power

ABC13 News With temperatures expected to reach near-record highs again Tuesday, the state of Texas is in a power struggle.   The Electric Reliability Council of Texas, aka ERCOT, says not enough power is being generated to keep up with demand. ABC13’s meteorologists are forecasting a high of 98 degrees in Houston Tuesday, and ERCOT is telling us all to