Core Viewpoint - Permex Petroleum Corporation has entered into a non-binding Letter of Intent with 360 Energy to explore the deployment of In-Field Computing technology for bitcoin mining powered by natural gas, aiming to enhance the economics of natural gas monetization and reduce methane emissions [1][2][3]. Company Overview - Permex Petroleum Corporation is an oil and gas exploration and production company with assets in the Permian Basin, focusing on low-cost development and sustainable growth [5]. - The company operates in Texas and New Mexico and aims to integrate disruptive technologies into its operations [5]. Collaboration Details - The collaboration with 360 Energy will focus on identifying sites for deploying IFC technology, which converts natural gas into electricity for on-site data centers, potentially increasing returns from natural gas that would otherwise be flared or sold at lower prices [2][3]. - The IFC technology is designed to operate off-grid, requiring no existing gas, electric, or network infrastructure, thus allowing for localized utilization of natural gas [2][6]. Economic Impact - The deployment of IFC units could capture natural gas realizations upwards of $10 per Mcf, while also addressing stranded and flared gas issues [3]. - This partnership is seen as a way for Permex to move beyond traditional monetization models and enhance asset value through innovative technology [3]. Strategic Direction - Permex plans to incorporate IFC technology into its asset evaluation and capital allocation strategies, positioning itself at the forefront of innovation in the energy sector [3]. - The collaboration reflects a broader strategy to rethink how oil and gas assets are valued and developed in a changing energy landscape [3].

Core Viewpoint - The U.S. Treasury Secretary has accused India of profiting from discounted Russian oil imports during the Ukraine war, labeling the practice as "arbitrage" and unacceptable [1]. Group 1: India's Oil Imports - India's imports of Russian oil have significantly increased since the full-scale invasion of Ukraine in February 2022, with India now being Russia's largest customer [2]. - In July, India imported 1.5 million barrels per day (bpd) of Russian oil, according to data from Kpler [2]. - Prior to the invasion, India's imports of Russian crude were minimal [2]. Group 2: Reselling Practices - India is refining the discounted Russian oil into gasoline and diesel and reselling these products to regions that have imposed sanctions on Russia, such as Europe [1]. - This practice has been characterized as "Indian arbitrage" by the U.S. Treasury Secretary, who claims it involves buying cheap Russian oil and reselling it at a profit [1].

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(1) These volumes are net to the Trust, As noted above, no proceeds were received by the Trustee in July 2025 to be included in the August distribution. All excess costs, including any accrued interest, will need to be recovered by future proceeds from the Waddell Ranch properties before any proceeds are distributed to the Trust. Due to the fact that Blackbeard is providing production, pricing and cost information quarterly instead of monthly, the Trustee will be providing that information in the quarterly ...

Core Viewpoint - Indonesia Energy Corporation (IEC) has signed a Memorandum of Understanding (MOU) with Aguila Energia e Participações Ltda. (AEP) to explore energy opportunities in Brazil, marking its first steps towards expansion beyond Indonesia [1][2][3] Group 1: MOU and Collaboration - The MOU establishes a framework for IEC and AEP to jointly identify and pursue opportunities in oil and gas and other energy-related assets in Brazil [2] - The collaboration aims to leverage IEC's experience in oil and gas and capital markets alongside AEP's local expertise in Brazilian transactions and asset development [2][3] Group 2: Strategic Rationale for Brazil - IEC's President highlighted Brazil as an attractive market for upstream investment due to favorable market conditions [3] - Brazil's Oferta Permanente bid system allows for year-round acquisition of exploration and production blocks, potentially leading to quicker deal cycles [4] - Many junior operators in Brazil are divesting producing fields at attractive valuations, creating opportunities for cash flow optimization [4] - Royalties under Brazilian concession contracts typically range from 5-10%, which may result in higher after-tax cash flows compared to production-sharing contracts [5] Group 3: Future Plans and Developments - IEC plans to drill two back-to-back wells on its Kruh Block in Indonesia starting in Q4 2025, supported by recent seismic work that enhanced wellsite prospects [7][8] - In May 2025, IEC reported a 60% increase in proved gross reserves due to investments in the Kruh Block and seismic work [8]

Core Viewpoint - Viper Energy, Inc. has successfully completed the acquisition of Sitio Royalties Corp. in an all-equity transaction, marking a significant milestone in the mineral and royalty industry, enhancing its position in the North American shale market [1][2]. Revised Third Quarter 2025 Guidance - The merger creates a leader in size, scale, float, liquidity, and access to investment-grade capital in the fragmented minerals market, while Viper maintains a unique relationship with its parent company, Diamondback Energy [2]. - Pro forma Viper is positioned for sustained growth with no capital expenditures and limited operating costs [2]. Production Estimates - Average oil production is projected to be between 54,500 and 57,500 barrels per day (bo/d), reflecting an increase of 8,500 bo/d at the midpoint compared to prior standalone guidance, due to 43 days of contribution from Sitio [7]. - Average total production is expected to range from 104,000 to 110,000 barrels of oil equivalent per day (boe/d), representing an increase of 18,000 boe/d at the midpoint compared to prior standalone guidance, also attributed to the contribution from Sitio [7].

MIDLAND, Texas, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback" or the "Company") today announced that its publicly traded subsidiary, Viper Energy, Inc. (NASDAQ: VNOM) ("Viper"), has closed its previously announced acquisition of Sitio Royalties Corp. ("Sitio"). Additionally, the Company announced revised Q3 2025 production guidance to give effect to the closing of the Sitio acquisition. Updated Third Quarter 2025 Production Guidance Diamondback has increased its th ...

（原标题：CBN丨China's?benchmark index hits 10-year high） Hi everyone. I'm Stephanie LI. Coming up on today's program Here's what you need to know about China in the past 24 hours The Shanghai Composite Index surpassed 3,740 points and reached an intraday high of 3,745 on Monday, marking a ten-year record since August 20, 2015. Since hitting a low of 3,040 points on April 7, 2025, the benchmark index has risen by 22.72 percent. Notably, during the same period, the Shenzhen Component Index gained nearly 30 percent ...

Financial Performance - The company's average first-half 2025 production increased to 548 Mboe/day, with a total production of 99.2 MMboe, representing an 11% increase[15] - Unit production costs decreased by 7% to $7.7 per boe[15] - The company achieved an EBITDA of $4.6 billion and a peer-leading 70% EBITDA margin[21] - Underlying NPAT was $1.2 billion, a 24% decrease primarily due to lower average realized prices and Sangomar depreciation[21] - An interim dividend of 53 US cps was declared, representing an annualised yield of 6.9%[16] Operational Highlights - LNG asset reliability was 96%[19] - Marketing EBIT contribution was $144 million, representing approximately 8% of total EBIT[19] - Sangomar delivered significant revenue of approximately $1 billion (Woodside share)[38] - The company added 25.5 MMbbl to proved (1P) reserves in 2025 from Sangomar (Woodside share)[40] Strategic Developments - Louisiana LNG project achieved strong momentum following FID, with Train 1 being 22% complete[59] - A 40% sell-down to Stonepeak was completed for the Louisiana LNG project, with Stonepeak contributing $5.7 billion, including funding 75% of expected 2025–2026 capex[60] Sustainability - The company reported no high consequence injuries in H1 2025[16] - The company is on track to achieve net equity Scope 1 and 2 greenhouse gas emissions reduction targets[16]

Financial Performance - FY25 group production reached 73 TJe/d [11], a 17% increase from 62.1 TJe/d in FY24 [60] - Average realized gas prices increased by 12% to ~$10/GJ in FY25, compared to $8.83/GJ in FY24 [11, 60] - Underlying EBITDAX increased by 36% to $173.9 million in FY25, up from $127.5 million in FY24 [60] - Adjusted cash from operations increased by 40% to $160.5 million in FY25, compared to $114.8 million in FY24 [60] - Capital expenditure incurred increased significantly by 168% to $64.1 million in FY25, up from $23.9 million in FY24 [60] - Restoration payments decreased by 70% to $63.3 million in FY25, down from $207.7 million in FY24 [60] - Cash and cash equivalents increased by 335% to $62.2 million as of June 30, 2025, compared to $14.3 million as of June 30, 2024 [60] Operational Highlights - Orbost Gas Processing Plant (OGPP) achieved new production records, with reliability loss <1% [26] - Continuous improvement program realized ~$20 million of cashflow improvement in FY25 [37] - Spot sales increased to 31% of total gas sales in FY25, compared to 15% in FY24 [68] East Coast Supply Project (ECSP) - ECSP targets 358 Bcf of gross mean unrisked prospective resource across Elanora, Isabella, and Juliet [76]