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Iran Unveils Huge New Gas Discovery Amid US Economic Pressure
Iran Unveils Huge New Gas Discovery Amid US Economic Pressure
Iran announced a huge new gas discovery in the southern province of Fars, with the oil ministry reporting estimates of 7.5 trillion cubic feet of gas, of which 73% is recoverable, or 5.7 trillion cu ft, OilPrice reported.
Iran has the world’s second-largest natural gas reserves, after Russia.
“This amount of gas is equivalent to one block of South Pars, which can supply gas for 15 years,” oil minister Mohsen Paknejad said, as quoted by Iranian media. “This volume of gas has...
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May 22, 2026 / Tyler Durden
Iconic American Beer Brand Discontinued After 177 Years
Iconic American Beer Brand Discontinued After 177 Years
Schlitz Premium, the storied lager once billed as “the beer that made Milwaukee famous,” is heading into retirement. Pabst Brewing Co. confirmed this week it is placing the brand on indefinite hiatus, ending production of the nearly two-century-old beer label founded in Milwaukee in 1849 that grew into one of America’s most iconic brews.
The decision, driven by rising storage and shipping costs amid softening demand for the value-priced brand, marks the latest chapter in a turbulent corporate saga. Wisconsin Brewing Co. in...
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Mar 25, 2026 / Tyler Durden
Meta To Lay Off Hundreds Of Workers Today As AI Pivot Accelerates
Meta To Lay Off Hundreds Of Workers Today As AI Pivot Accelerates
Meta Platforms is laying off a few hundred employees today as its workforce restructuring continues, following years of terrible metaverse bets and overhiring during the Covid era. Reports of another round of layoffs surfaced earlier this month, and just last week, Meta shut down Horizon Worlds, its virtual reality social network for Quest headsets.
The Information reports that a few hundred employees will be let go today as part of the company's effort to reposition itself in the AI...
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Sep 8, 2026 / Tyler Durden
25 State AGs Urge Defunding Of National Academies Of Sciences, Allege Bias On Climate Lawsuits
25 State AGs Urge Defunding Of National Academies Of Sciences, Allege Bias On Climate Lawsuits
Authored by Kevin Stocklin via The Epoch Times,
A coalition of 25 state attorneys general called on federal agencies and Congress to defund the National Academies of Sciences, Engineering, and Medicine (NASEM), charging that the organization had used taxpayer dollars to produce reports that supported plaintiffs in climate lawsuits against energy companies.
In an Aug. 27 letter, the state attorneys general urged the federal government to "end grants to an organization [NASEM] that uses taxpayer money to...
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