Your gateway to a free society
Article
Big Oil Backs Mazama's $135 Million Bet On Superhot Geothermal
Big Oil Backs Mazama's $135 Million Bet On Superhot Geothermal
Mazama Energy announced $135 million in new capital with an oversubscribed Series B that included ConocoPhillips and Shell Ventures. With Devon Energy initially backing Fervo in 2023, a pattern is emerging with oil and gas veterans placing their bets in the geothermal industry.
Some of the techniques developed by the O&G industry are translating well to geothermal projects. Horizontal drilling, well completions, and underground reservoir expertise are finding new purpose in an industry that is far more politically neutral than the...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Feb 27, 2026 / Tyler Durden
Surging Services Costs Spark Unexpected Surge In US Producer Prices In January
Surging Services Costs Spark Unexpected Surge In US Producer Prices In January
US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)...
Source: Bloomberg
Under the hood, we see a surge in Services costs (not tariff related) dominated the rise in PPI (while Energy saw deflation)
Final demand services: The index for final demand services advanced 0.8% in January, the largest...
Read more
Jun 11, 2026 / Tyler Durden
Trump Claims Iran Deal 'Pretty Much All Wrapped Up' - FARS Says Nothing Approved
Trump Claims Iran Deal 'Pretty Much All Wrapped Up' - FARS Says Nothing Approved
Summary
TACO SEASONING: Trump tells NY Post that Iran deal "pretty much all wrapped up," but FARS news agency says no deal has been approved.
TACO: Trump Cancels Strikes After All Day Bluster About 'Bigger' Strikes on Iran Tonight
Iran Parliament Speaker Ghalibaf says "Wrong strategies and impulsive decisions will reset the entire board for the worse, explode energy infrastructure and markets & create an endless quagmire that you will be stuck in for years."
Trump follows with mention of "bigger, more powerful"...
Read more
Mar 7, 2026 / Tyler Durden
GLP-1 Feud Ends: NOVO, HIMS Join Forces (Again) To Sell Obesity Drugs
GLP-1 Feud Ends: NOVO, HIMS Join Forces (Again) To Sell Obesity Drugs
The epic, months-long GLP-1 feud between Novo Nordisk and telehealth firm Hims & Hers Health appears to be coming to a surprising end, with both companies reportedly set to announce, as soon as Monday, a new partnership that would allow the Danish drugmaker to sell Wegovy through HIMS' platform.
Bloomberg published the report late Friday, stating:
Novo Nordisk A/S plans to sell its weight-loss drugs on Hims & Hers Health Inc.'s platform, according to a person familiar with the matter...
...
Novo...
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?