For three years, a Texas utility has refused to pay a $350 million gas bill that it says was unfairly inflated due to the outsized power wielded by two pipeline firms. Last week, it began to sketch out its case- latest w/ Rachel Adams-Heard
bloomberg.com/news/articles/… via Bloomberg

Funds managed by affiliates of Apollo Global will buy frack-sand provider US Silica for $1.21 billion. It's a much quieter market from the one its CEO described as 'sandemonium' a couple years ago. bloomberg.com/news/articles/… via Bloomberg

US oil refiners that have been among this year’s strongest performers in the S&P 500 Index are headed for a reckoning with a darkening supply-and-demand outlook. bloomberg.com/news/articles/… by Tope Alake via Bloomberg Markets

Halliburton notched its best earnings for a first quarter in a dozen years amid a shrinking business in the shale patch bloomberg.com/news/articles/… via Bloomberg

BULLDOGS WIN: Midland High beats Odessa 4-3 in the longest high school baseball game in Texas UIL history (23 innings).

Midland ISD Athletics | Midland High Baseball

COLUMN: The US oil industry needs more M&A.

If my trusty and worn-out rolodex serves as any reference, there is plenty of US E&P firms left for a fresh round of consolidation in 2024.

The biggest hurdles? Oil prices and American politics

#OOTT @Opinion bloomberg.com/opinion/articl…

SLB agrees to acquire smaller oilfield service rival ChampionX for $7.8 billion in an effort to beef up its offerings to helps clients globally boost production long after the wells begin flowing bloomberg.com/news/articles/… via Bloomberg Markets

US oil companies including Diamondback Energy are considering small #nuclear reactors to power drilling operations in Texas’s #Permian Basin. Oklo $FANG By Will Wade Mitchell Ferman
trib.al/hqrw1Wf

Oil CEOs are expressing concern about political and regulatory 'uncertainty' in the US that won’t be settled until the November election, according to the Dallas Fed bloomberg.com/news/articles/… w/Tope Alake via Bloomberg Markets

Phillips 66, the No. 2 US oil refiner, expects global demand for motor fuels to grow for years even as gasoline usage in the US market begins to plateau. bloomberg.com/news/articles/… via Bloomberg Markets

Possibly the strangest image I’ve taken…
ArtButMakeItSports

#purdue #ballhead

The global energy transition is 'visibly failing' on most fronts as proponents overlook the impacts on consumers, says Saudi Aramco Chief Executive Officer Amin Nasser bloomberg.com/news/articles/… W/Devika Krishna Kumar via @bbgequality

Shale explorers have returned to expansion mode again, after months of flat activity. Oil rigs in the US climbed to the highest level in half a year on Friday. bloomberg.com/news/articles/… via Bloomberg Markets

You can NEVER trust Houston traffic.

Cowboy Marty Yates of Stephenville, TX was running late to the Houston Rodeo due to traffic. So, he rode his horse down the median.

He made it in time AND went on to win his semi-finals.
📷: Loni Kay Yates RODEOHOUSTON #HoustonRodeo

Once relegated to back-office work for decades, AI is moving more prominently into oilfields around the world, led by the US shale patch. 'If it works in North American shale, it will work even better elsewhere.' bloomberg.com/news/articles/… via Bloomberg Technology

Saudi Arabia wants to invest in an LNG project 🇸🇦🚢

💰 Aramco is in “discussions with a number of entities in the US and other regions,” said CEO Nasser
👀 They will focus on overseas LNG projects, and use its gas at home to produce blue hydrogen/power

bloomberg.com/news/articles/…

It's surprising that Chevron didn't address its Guyana deal risk with Hess more up front, veteran energy investor Haag Sherman tells Katie Greifeld on Bloomberg TV. That's a 'loose end' he'd want tied up if he's Chevron. bloomberg.com/news/articles/… W/Kevin Crowley via Bloomberg Markets

Your feel-good story of the day… Jaelyn Kay watched a Rice Baseball game from her window at Texas Children's & is now their good luck charm.

Her story ⬇️ TheMarfanFoundation
chron.com/sports/article…