Friday, May 8, 2026
New Era Helium’s JV closes on 235-acre AI data center site in Permian Basin, with option to expand to 438 acres in total as buildout accelerates- oil and gas 360

New Era Helium’s JV closes on 235-acre AI data center site in Permian Basin, with option to expand to 438 acres in total as buildout accelerates

Publisher’s Note: New Era Helium will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025.  Register to attend.  (Oil & Gas 360)– New Era Helium, Inc. (Nasdaq: NEHC) (“NEH” or the “Company”), a next-gen exploration and production platform in the Permian Basin, today announced that Texas Critical Data Centers LLC (“TCDC”), its 50/50 joint venture with Sharon AI, Inc. has

Woodside takes over oil and gas assets from Exxon- oil and gas 360

Woodside takes over oil and gas assets from Exxon

(Oil Price)– Australia’s energy major Woodside has taken over the operatorship of the Bass Strait oil and gas assets that were previously operated by Exxon. The two have a 50:50 partnership in the portfolio, which includes production and processing operations. The change in operatorship will result in synergy savings of over $60 million, Woodside said. The company added it plans to

Global FLNG capacity to more than triple by 2030, analysts say- oil and gas 360

Global FLNG capacity to more than triple by 2030, analysts say

(World Oil)– Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy. Once hindered by technical and operational challenges, FLNG projects are now achieving utilization rates comparable to onshore terminals. With LNG demand rising alongside the growing viability of smaller gas fields, FLNG

In a first, NRC approves restart of mothballed nuclear facility- oil and gas 360

In a first, NRC approves restart of mothballed nuclear facility

(Oil Price)– The U.S. Nuclear Regulatory Commission on Thursday granted multiple licensing and regulatory approvals necessary for the 800-MW Palisades nuclear plant in Michigan to restart operations later this year. Palisades is now authorized to receive new fuel and formally transition licensed reactor operators to on-shift status, Holtec International said in a statement. The company is leading the effort to restart the

U.S. natural gas prices upside likely in 2026 - Morgan Stanley- oil and gas 360

U.S. natural gas prices upside likely in 2026 – Morgan Stanley

(Investing) – U.S. natural gas prices have fallen back of late, reflecting a lingering storage surplus and a milder shift in summer weather, but Morgan Stanley still sees more upside in 2026. At 09:05 ET (13:05 GMT), natural gas prices rose 2.4% to $3.138 per million British thermal units, or MMBtu, but are down around 9% over the course of the last month