Page 2 - Mitchell Ferman News Today

APA Corp. agreed to acquire Permian Basin shale explorer Callon Petroleum Co. for $2.6 billion, the latest in a wave of deals reshaping the US oil landscape.

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Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock deal valued at about $10.8 billion as consolidation heats up…

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(Bloomberg) -- Chevron Corp. fell the most in more than a year after posting disappointing profits amid drilling problems in Texas, losses from overseas refining and rising costs at a massive oil-field project in Central Asia. Most Read from BloombergIsrael Latest: Army Expanding Ground Activity, Internet Cut OffHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingStock Rebound Wanes With S&P 500 Near Key Levels: Markets WrapEverything Apple Plans to ...

(Bloomberg) -- Chevron Corp.’s acquisition of Hess Corp. does more than give it a stake in the world’s fastest-growing oil field off the coast of Guyana and shale assets in the Bakken basin of North Dakota. It also delivers a richly-valued oil independent. Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItTreasury 10-Year Yield Breaches 5% for First Time Since 2007S&P 500 Holds Its Ground Amid Wild Treasury Moves: Mar...

The industry says it offers jobs and uses clean energy. Critics say mining creates few local jobs and may keep dirtier power plants online.

Texas Rep. Dan Crenshaw has sponsored a bill in the U.S. House to fund research on drugs like psilocybin and MDMA for veteran mental health treatment. Co-sponsored by well known House Democrats Alexandria Ocasio-Cortez and Ro Khanna, the bipartisan backing speaks to interest in how psychedelics compare to typical treatments like antidepressants.  

The EPA is weighing whether to let the railroad commission oversee the emerging industry.

According to two Texas Congressman, no not at all.