According to sources, Oklahoma producer Camino Natural Resources, reportedly...
According to sources, Oklahoma producer Camino Natural Resources, reportedly testing the market for a $2 billion exit, has pulled back from a sales process in the Anadarko Basin. About half of Camino’s assets sit in the SCOOP play, while the other half fall within the Merge play.
Denver-based Camino holds approximately 135,000 net acres in the core of the Anadarko and is one of the top producers in Oklahoma. The company is sponsored by private equity firm NGP. Camino still holds considerable undrilled inventory across the Anadarko Basin’s oil and natural gas windows,
Fresh review of Nippon Steel’s bid for US Steel ordered
President Trump ordered a powerful national security panel to ...
President Trump ordered a powerful national security panel to re-review the Japanese company’s attempted $15 billion acquisition of the iconic Pennsylvania steelmaker, which President Biden blocked in January. By asking the Committee on Foreign Investment in the US to help determine “whether further action in this matter may be appropriate,” Trump may be breathing new life into a deal that he had opposed in the past, but appeared more amenable to after meeting with Japan’s prime minister.
President Trump threatened another 50% tariff on China. If...
President Trump threatened another 50% tariff on China. If you put money on yesterday being the day the trade war de-escalated, you lost that bet: President Trump posted on social media that unless China nixes the retaliatory 34% tariff on US goods that it announced to counter the US’ latest tariff, he’d slap another 50% import tax on Chinese products and would refuse to enter talks. China called the threat “a mistake on top of a mistake” and said it would “fight to the end.” Other countries have been more conciliatory toward the US, but it’s unclear how well those negotiations are going. White House trade advisor Peter Navarro said yesterday that Vietnam’s offer to eliminate tariffs on all US products wasn’t enough. The EU also seemed ready to come to the table, saying it had offered “zero-for-zero tariffs” for industrial goods, even as it plans potential counter-tariffs.
The Supreme Court ruled that the government can use a rarely invoked wartime law to deport Venezuelan migrants but said they must get a court hearing first. Separately, Chief Justice John Roberts temporarily blocked a judge’s order requiring the US to bring back a man the government admitted to having mistakenly deported to El Salvador to give the full Supreme Court time to consider the issue.
President Trump said the US will be holding direct talks with Iran about its nuclear program on Saturday, which would be the first ones since 2015.
Microsoft has fired engineers who protested the Israeli military’s use of the company’s AI products at the company’s 50th anniversary celebration last week.
Florida defeated Houston 65–63 in a thriller to win the men’s college basketball national championship.
Barrick Gold, the company whose stock ticker is “GOLD,” wants to be a little less gilded. It’s proposing changing its name to Barrick Mining Corp. to reflect its large investment in copper.
China has gone 60 days without importing US liquefied natural gas, the longest pause in five years, as it counters the Trump administration's escalating trade measures with steep new tariffs. Facing a 49% duty on American LNG and a 34% blanket tariff on US goods starting April 10, Chinese buyers are increasingly rerouting shipments to avoid higher costs. "Zero LNG trade between China and the US is likely to continue for the rest of 2025," predicted Rystad Energy's Wei Xiong.
DOE plans data centers on federal land for AI support
Energy Secretary Chris Wright has detailed a Department of Energy plan...
Energy Secretary Chris Wright has detailed a Department of Energy plan to build data centers on federal land, co-locating them with power sources to support artificial intelligence. The department has identified 16 potential sites, including national labs, and plans to have AI infrastructure ready by the end of 2025 and data centers operational by 2027.
