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AI's energy hunger fuels geothermal startups but natgas rivalry clouds future

Geothermal energy startups are gaining attention from tech firms for sustainable power, amid challenges. Investments increase as bipartisan support and improved costs make geothermal competitive with other energy sources.

investing.com • 19/12/2024 - 11:06 AM

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Diamondback Energy shares fall nearly 5% as Q3 earnings miss overshadows revenue beat

Diamondback Energy's Q3 earnings missed estimates, causing a stock drop. Revenue exceeded expectations, but adjusted earnings per share and future oil production targets were lower.

investing.com • 04/11/2024 - 21:18 PM

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US stock futures fall as elections, Fed meeting approach

U.S. stock index futures fell ahead of a presidential election and Federal Reserve meeting, with mixed earnings from tech weighing on Wall Street's performance.

investing.com • 03/11/2024 - 23:56 PM

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Stock market today: S&P 500 closes lower ahead of presidential election

The S&P 500 declined as investors were cautious before the presidential election and the Fed's expected rate cut, with concerns about inflation and tech sector impacts.

investing.com • 03/11/2024 - 23:56 PM

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Texas approves plan to boost oil and gas drillers' power grid access

The Texas commission approved the Permian Basin Reliability Plan to expand power grid infrastructure, addressing rising electricity demand from oil and gas industries in the region.

investing.com • 26/09/2024 - 20:15 PM

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Texas approves plan to boost oil and gas drillers' power grid access

The Texas commission approved a plan to enhance power grid infrastructure for the Permian Basin, aiming to support rising electricity demand from the oil and gas industry.

investing.com • 26/09/2024 - 20:15 PM

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Autry Stephens, Texas oil billionaire and wildcatter, dies at 86

Autry Stephens, founder of Endeavor Energy Resources, passed away at 86 after battling cancer, leaving a legacy in the oil and gas industry.

investing.com • 16/08/2024 - 18:26 PM

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US shale companies produce more crude using fewer rigs

U.S. shale oil producers are enhancing efficiency, leading to increased production despite lower spending, while OPEC plans to unwind output cuts, risking an oversupplied market.

investing.com • 13/08/2024 - 10:06 AM

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Analysis-US oilfield firms slash prices as mega-mergers shrink customer base

Mega-mergers in the oil industry are forcing service companies to cut prices or merge, leading to bankruptcies and reduced rig counts amidst a highly competitive market.

investing.com • 24/07/2024 - 14:28 PM

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