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Robinhood Asset Management LLC Acquires New Shares in Diamondback Energy, Inc.

Robinhood Asset Management LLC Acquires New Shares in Diamondback Energy, Inc.

Robinhood Asset Management LLC Acquires New Shares in Diamondback Energy, Inc.

Allworth Financial LP Initiates $2.08 Million Position in Diamondback Energy, Inc.

Allworth Financial LP Initiates $2.08 Million Position in Diamondback Energy, Inc.

Allworth Financial LP Initiates $2.08 Million Position in Diamondback Energy, Inc.

Ieq Capital LLC Increases Stake in Valero Energy Corporation by 22.8%

Ieq Capital LLC Increases Stake in Valero Energy Corporation by 22.8%

Ieq Capital LLC Increases Stake in Valero Energy Corporation by 22.8%

Texas Company Pioneers Freeze Desalination for Oilfield Wastewater Reuse Amid Disposal Crisis

Texas Company Pioneers Freeze Desalination for Oilfield Wastewater Reuse Amid Disposal Crisis

Texas Pacific Water Resources, a subsidiary of Texas Pacific Land Corp., is implementing freeze desalination technology to treat produced water from oil and gas operations in the Permian Basin. This initiative comes as Texas faces a critical shortage of underground disposal space for the nearly 1 billion gallons of wastewater generated daily by oil and gas production. The company's facility in Orla is designed to treat 10,000 barrels (420,000 gallons) of produced water daily. The freeze desalination process separates salts from water molecules, allowing approximately half of the treated water to be recovered for reuse, while the remaining concentrated brine is disposed of underground. This technology is being explored as an alternative to traditional underground injection, which has been linked to increased seismic activity and blowouts. The Texas Commission on Environmental Quality (TCEQ) is currently developing permitting programs for the reuse of treated produced water, with pilot projects like Texas Pa...

Texas Regulators Face Pressure to Approve Oilfield Wastewater Reuse Amid Disposal Crisis

Texas Regulators Face Pressure to Approve Oilfield Wastewater Reuse Amid Disposal Crisis

Texas is confronting a critical shortage of underground disposal space for the nearly one billion gallons of wastewater, known as produced water, generated daily by oil and gas production in the Permian Basin. This toxic wastewater, traditionally injected underground, has been linked to increased seismic activity and blowouts. In response, the oil industry is actively seeking alternative methods to treat and reuse this produced water. The Texas Commission on Environmental Quality (TCEQ) is currently developing two permitting programs for the reuse of treated produced water, including discharge into rivers and land application for irrigation or rangeland restoration. While the TCEQ began accepting permit applications for river discharge in 2024, no permits have yet been issued. A proposed rule for land application was released earlier this year. Industry leaders and elected officials are urging the TCEQ to expedite the finalization and issuance of these permits, warning that continued delays could hinder oi...

Portfolio Design Labs LLC Acquires New Holdings in Old Dominion Freight Line, Inc. (ODFL)

Portfolio Design Labs LLC Acquires New Holdings in Old Dominion Freight Line, Inc. (ODFL)

Portfolio Design Labs LLC Acquires New Holdings in Old Dominion Freight Line, Inc. (ODFL)

Bank of America Corp DE Reduces Stake in Werner Enterprises, Inc.

Bank of America Corp DE Reduces Stake in Werner Enterprises, Inc.

Bank of America Corp DE Reduces Stake in Werner Enterprises, Inc.

First National Bank of Omaha Initiates $2.24 Million Position in Diamondback Energy, Inc.

First National Bank of Omaha Initiates $2.24 Million Position in Diamondback Energy, Inc.

First National Bank of Omaha Initiates $2.24 Million Position in Diamondback Energy, Inc.

BlackRock Inc. Acquires Over 42 Million Shares in Entergy Corporation, Valued at $4.8 Billion

BlackRock Inc. Acquires Over 42 Million Shares in Entergy Corporation, Valued at $4.8 Billion

BlackRock Inc. Acquires Over 42 Million Shares in Entergy Corporation, Valued at $4.8 Billion

Solitude Pipeline Joint Venture Reaches Final Investment Decision for Permian Basin Natural Gas Transport

Solitude Pipeline Joint Venture Reaches Final Investment Decision for Permian Basin Natural Gas Transport

Solitude Pipeline Joint Venture Reaches Final Investment Decision for Permian Basin Natural Gas Transport

Chevron Maintains Strong Dividend Performance and Long-Term Returns

Chevron Maintains Strong Dividend Performance and Long-Term Returns

Chevron Maintains Strong Dividend Performance and Long-Term Returns

Texas Capital Bank Wealth Management Services Inc. Increases Stake in ConocoPhillips

Texas Capital Bank Wealth Management Services Inc. Increases Stake in ConocoPhillips

Texas Capital Bank Wealth Management Services Inc. Increases Stake in ConocoPhillips