Latest news with #BSM
Hindustan Times
15 hours ago
- Automotive
- Hindustan Times
From lane assist to blind spot monitoring, the top safety features to have in your car in 2025
The years go on, cars continue to evolve at a breakneck pace but India's road fatality statistics remain as woeful as ever. With the great Indian monsoon having finally kicked in, it's time to look at all the key features your car should have in order to ensure a safe, incident-free journey. While features like ABS (Anti-lock braking system), EBD (electronic brakeforce distribution) and front airbags are mandatory, and while features like additional side curtain and rear passenger airbags along with seat belt reminders are now a standard fitment across most models, there are a few additional safety features which can make your daily drive much safer. While features like ABS, EBD and front airbags are mandatory, there are a few additional safety features which can make your daily drive much safer.(Representative image) AEB detects potential collisions with vehicles, pedestrians, or cyclists and applies the brakes if the driver doesn't respond in time. Already mandatory in 40 countries,AEB is still a more premium offering in India. While some drivers see it as an over-reactive hindrance, there are many benefits to having your car bring the car to a complete halt before you can. Should you find yourself on a particularly crowded road, ensure that you turn it off. Also, ensure that it isn't automatically turned-on everytime you switch on the car. Here, ADAS plays a major role, with benefits outweighing possible risks. Lane Assist is a key driver assistance technology that uses a combination of cameras and sensors to monitor the vehicle's position within its lane. When the system detects that the car is veering too close to the lane markings—often a sign of driver distraction or drowsiness—it issues visual, audible, or tactile alerts to prompt corrective action. More advanced versions take it a step further. If the car begins to drift without the use of a turn signal, the system can gently nudge the steering wheel to guide the vehicle back into the center of the lane. While not a substitute for hands-on driving, Lane Assist offers an important layer of protection on highways and long-distance trips, where lane discipline is critical to avoiding sideswipe collisions and road departures. Blind Spot Monitoring Using sensors to monitor the vehicle's flanks, BSM alerts drivers when another vehicle is in their blind spot—a crucial advantage during lane changes on crowded highways. A Adaptive Cruise Control and Traffic Jam Assist Adaptive cruise control enhances traditional cruise control by automatically adjusting the vehicle's speed to maintain a safe distance from the car ahead. It uses radar or camera systems to monitor traffic conditions and responds in real time to changes, ensuring smoother and safer driving. 360-degree camera Indian roads are notorious for offering sensory overload. Add to that narrow parking spaces and busy intersections, it's imperative that your car comes with a proper 360-degree camera because proximity sensors or a rear parking camera alone simply won't do. Especially if you intend to keep your bumpers and fenders scratch free. Emergency call and remote assistance Most modern cars are now equipped with eCall systems that automatically contact emergency services in the event of a crash, transmitting location and vehicle data. Some brands go a step further, offering remote diagnostics and live assistance to help guide the driver in emergencies—even from thousands of kilometres away. For instance, the MG Hector is an early adopter offering its proprietary i-Smart technology with an on-board e-call feature. Other brands like Kia and Lexus also offer mobile apps with remote calling and SOS capabilities. Structural Integrity With both Global NCAP and Bharat NCAP now assessing cars for crashworthiness, the consumer has far more insight into the structural integrity of their potential purchase based on the score provided by the NCAP test. Following poor crash safety results, many manufacturers have opted for greater use of high-tensile steel in the chassis of their cars. Cars like the Hyundai Verna, having previously faltered on that front, have opted to highlight additional high-tensile steel usage in vehicular construction. Vehicle-to-vehicle communication Among the many innovations reshaping the automotive world in 2025, one stands out not for what it adds under the hood, but for the conversations it enables on the road. It's called Vehicle-to-Everything communication—V2X, in industry shorthand—and it marks a turning point in how cars perceive the world around them. Of course, this is a fairly novel feature and yet to be found as a standard fitment, the day isn't too far. At its core, V2X allows vehicles to communicate not just with one another, but with the entire surrounding ecosystem: traffic signals, road signs, emergency responders, even cyclists and pedestrians. This isn't about a better sensor or a more powerful camera—it's about giving cars access to the kind of real-time, anticipatory information that only connectivity can offer.
Business Insider
22-05-2025
- Business
- Business Insider
Black Stone Minerals CEO buys $196K in common stock
In a regulatory filing, Black Stone Minerals (BSM) disclosed that its CEO Thomas Carter bought 14.5K shares of common stock on May 21st in a total transaction size of $196K. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Wire
19-05-2025
- Business
- Business Wire
Black Stone Minerals, L.P. Announces New Development Agreement in the Shelby Trough with Revenant Energy and Amended Development Agreements with Aethon Energy
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ('Black Stone,' 'BSM,' or 'the Partnership') today announces that it has entered into a development agreement with Revenant Energy ('Revenant') with respect to the Partnership's expanded Shelby Trough Haynesville and Bossier acreage, primarily located in Angelina, Nacogdoches, and San Augustine counties in Texas. Separately, the Partnership has agreed to amend the existing development agreements with Aethon Energy ('Aethon') in Angelina and San Augustine counties. As part of this amendment, Aethon will return to the Partnership highly prospective mineral acreage to support and further accelerate another potential development program in the region. Management Commentary Thomas L. Carter, Jr., Black Stone Minerals' Chairman, Chief Executive Officer, and President, commented, 'We are excited to partner with the Revenant Energy team, whose proven track record of development in the Shelby Trough establishes them as a solid operator for this asset. Through robust subsurface evaluation, we identified substantial areas of prospective minerals outside of the existing Shelby Trough development agreements. This new agreement covers approximately 270,000 gross and 95,000 net undeveloped acres with significant resource potential that we expect to benefit both companies for decades. Additionally, the annual minimum well commitment at full ramp will ultimately about double the net well development of Black Stone's portfolio in the Shelby Trough. The acreage within this agreement comes from both legacy acquisitions and the recent targeted mineral acquisitions, which continue to enhance our existing Shelby Trough footprint. We have also finalized an amendment with Aethon that will release over 50,000 gross acres back to BSM in an area directly offsetting existing development, in exchange for a well commitment reduction. This released acreage provides a strong foundation that we plan to place under another new development agreement, further enhancing our outlook on total development activity in the Shelby Trough. With the combination of these executed agreements, proximity to the Gulf Coast market, and long-term natural gas pricing, we are confident in the growth opportunities the asset provides to our unitholders.' Revenant Development Agreement The Revenant Development Agreement covers approximately 270,000 gross acres across San Augustine, Nacogdoches, Angelina, Houston, and Trinity counties. BSM currently controls approximately 95,000 undeveloped net acres, with line of sight to additional acquisitions, all within this contractual area. The annual well commitments escalate over five years from a minimum of 6 wells per year starting in 2026 to a minimum of 25 wells per year and require test wells in certain areas in order to continue operating across the full footprint. Additionally, BSM expects to bring a non-operated working interest partner into the development. Aethon Amended Development Agreements The Partnership has entered into an amendment to the joint exploration agreements ('JEAs') with Aethon in Angelina and San Augustine counties which reduces the contract area to approximately 210,000 gross acres. Under the terms of the amendment, Aethon will release over 50,000 gross acres from the contract area, in exchange for reducing the annual well commitment to a total of 16 wells across both JEAs. As previously disclosed, the majority of farmout agreements covering non-operated working interests under these JEAs have terminated, and Aethon is absorbing that working interest as part of the amendment. About Black Stone Minerals, L.P. Black Stone Minerals is one of the largest owners of oil and natural gas mineral interests in the United States. The Partnership owns mineral interests and royalty interests in 41 states in the continental United States. Black Stone believes its large, diversified asset base and long-lived, non-cost-bearing mineral and royalty interests provide for stable to growing production and reserves over time, allowing the majority of generated cash flow to be distributed to unitholders. Forward-Looking Statements This news release includes forward-looking statements. All statements, other than statements of historical facts, included in this news release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future are forward-looking statements. Terminology such as 'will,' 'may,' 'should,' 'expect,' 'anticipate,' 'plan,' 'project,' 'intend,' 'estimate,' 'believe,' 'target,' 'continue,' 'potential,' the negative of such terms, or other comparable terminology often identify forward-looking statements. Except as required by law, Black Stone Minerals undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this news release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. All forward-looking statements are qualified in their entirety by these cautionary statements. These forward-looking statements involve risks and uncertainties, many of which are beyond the control of Black Stone Minerals, which may cause the Partnership's actual results to differ materially from those implied or expressed by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, those summarized below: the Partnership's ability to execute its business strategies; the volatility of realized oil and natural gas prices; the level of production on the Partnership's properties; overall supply and demand for oil and natural gas, as well as regional supply and demand factors, delays, or interruptions of production; domestic and foreign trade policies, including tariffs and other controls on imports or exports of goods, including energy products; conservation measures and general concern about the environmental impact of the production and use of fossil fuels; the Partnership's ability to replace its oil and natural gas reserves; general economic, business, or industry conditions including slowdowns, domestically and internationally, and volatility in the securities, capital or credit markets; cybersecurity incidents, including data security breaches or computer viruses; competition in the oil and natural gas industry; the availability or cost of rigs, equipment, raw materials, supplies, oilfield services or personnel; and the level of drilling activity by the Partnership's operators, particularly in areas such as the Shelby Trough where the Partnership has concentrated acreage positions.
Yahoo
19-05-2025
- Business
- Yahoo
Black Stone Minerals, L.P. Announces New Development Agreement in the Shelby Trough with Revenant Energy and Amended Development Agreements with Aethon Energy
HOUSTON, May 19, 2025--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone," "BSM," or "the Partnership") today announces that it has entered into a development agreement with Revenant Energy ("Revenant") with respect to the Partnership's expanded Shelby Trough Haynesville and Bossier acreage, primarily located in Angelina, Nacogdoches, and San Augustine counties in Texas. Separately, the Partnership has agreed to amend the existing development agreements with Aethon Energy ("Aethon") in Angelina and San Augustine counties. As part of this amendment, Aethon will return to the Partnership highly prospective mineral acreage to support and further accelerate another potential development program in the region. Management Commentary Thomas L. Carter, Jr., Black Stone Minerals' Chairman, Chief Executive Officer, and President, commented, "We are excited to partner with the Revenant Energy team, whose proven track record of development in the Shelby Trough establishes them as a solid operator for this asset. Through robust subsurface evaluation, we identified substantial areas of prospective minerals outside of the existing Shelby Trough development agreements. This new agreement covers approximately 270,000 gross and 95,000 net undeveloped acres with significant resource potential that we expect to benefit both companies for decades. Additionally, the annual minimum well commitment at full ramp will ultimately about double the net well development of Black Stone's portfolio in the Shelby Trough. The acreage within this agreement comes from both legacy acquisitions and the recent targeted mineral acquisitions, which continue to enhance our existing Shelby Trough footprint. We have also finalized an amendment with Aethon that will release over 50,000 gross acres back to BSM in an area directly offsetting existing development, in exchange for a well commitment reduction. This released acreage provides a strong foundation that we plan to place under another new development agreement, further enhancing our outlook on total development activity in the Shelby Trough. With the combination of these executed agreements, proximity to the Gulf Coast market, and long-term natural gas pricing, we are confident in the growth opportunities the asset provides to our unitholders." Revenant Development Agreement The Revenant Development Agreement covers approximately 270,000 gross acres across San Augustine, Nacogdoches, Angelina, Houston, and Trinity counties. BSM currently controls approximately 95,000 undeveloped net acres, with line of sight to additional acquisitions, all within this contractual area. The annual well commitments escalate over five years from a minimum of 6 wells per year starting in 2026 to a minimum of 25 wells per year and require test wells in certain areas in order to continue operating across the full footprint. Additionally, BSM expects to bring a non-operated working interest partner into the development. Aethon Amended Development Agreements The Partnership has entered into an amendment to the joint exploration agreements ("JEAs") with Aethon in Angelina and San Augustine counties which reduces the contract area to approximately 210,000 gross acres. Under the terms of the amendment, Aethon will release over 50,000 gross acres from the contract area, in exchange for reducing the annual well commitment to a total of 16 wells across both JEAs. As previously disclosed, the majority of farmout agreements covering non-operated working interests under these JEAs have terminated, and Aethon is absorbing that working interest as part of the amendment. About Black Stone Minerals, L.P. Black Stone Minerals is one of the largest owners of oil and natural gas mineral interests in the United States. The Partnership owns mineral interests and royalty interests in 41 states in the continental United States. Black Stone believes its large, diversified asset base and long-lived, non-cost-bearing mineral and royalty interests provide for stable to growing production and reserves over time, allowing the majority of generated cash flow to be distributed to unitholders. Forward-Looking Statements This news release includes forward-looking statements. All statements, other than statements of historical facts, included in this news release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future are forward-looking statements. Terminology such as "will," "may," "should," "expect," "anticipate," "plan," "project," "intend," "estimate," "believe," "target," "continue," "potential," the negative of such terms, or other comparable terminology often identify forward-looking statements. Except as required by law, Black Stone Minerals undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this news release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. All forward-looking statements are qualified in their entirety by these cautionary statements. These forward-looking statements involve risks and uncertainties, many of which are beyond the control of Black Stone Minerals, which may cause the Partnership's actual results to differ materially from those implied or expressed by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, those summarized below: the Partnership's ability to execute its business strategies; the volatility of realized oil and natural gas prices; the level of production on the Partnership's properties; overall supply and demand for oil and natural gas, as well as regional supply and demand factors, delays, or interruptions of production; domestic and foreign trade policies, including tariffs and other controls on imports or exports of goods, including energy products; conservation measures and general concern about the environmental impact of the production and use of fossil fuels; the Partnership's ability to replace its oil and natural gas reserves; general economic, business, or industry conditions including slowdowns, domestically and internationally, and volatility in the securities, capital or credit markets; cybersecurity incidents, including data security breaches or computer viruses; competition in the oil and natural gas industry; the availability or cost of rigs, equipment, raw materials, supplies, oilfield services or personnel; and the level of drilling activity by the Partnership's operators, particularly in areas such as the Shelby Trough where the Partnership has concentrated acreage positions. View source version on Contacts Black Stone Minerals, L.P. Contact Taylor DeWalchSenior Vice President, Chief Financial Officer, and TreasurerTelephone: (713) 445-3200investorrelations@
The Print
14-05-2025
- Business
- The Print
Shree Cement Q4 PAT declines 16pc to Rs 556 cr; upbeat on FY26 demand outlook
Total cement and clinker sales volume during the quarter reached 9.84 million tonnes, the company's highest-ever quarterly dispatch. Premium product sales contributed 15.6 per cent of total trade volume, up from 11.9 per cent in Q4 FY24. Revenue from operations was higher at Rs 5,240 crore in Q4 FY25, up from Rs 5073 crore in the year-ago quarter, while the EBITDA remained steady at Rs 1,381 crore, the company said in a statement. Kolkata, May 14 (PTI) Shree Cement on Wednesday reported a 16 per cent year-on-year decline in consolidated net profit at Rs 556 crore for the March quarter of FY25, compared to Rs 662 crore in the corresponding period last year. 'Our focus on premiumisation and cost optimisation has helped us navigate a challenging cost environment. We remain optimistic about cement demand recovery in FY26 and will continue to pursue strategic growth across products and markets,' said managing director Neeraj Akhoury. During FY25, Shree Cement commissioned two grinding units — one at Etah, Uttar Pradesh (3.0 MTPA), and another at Baloda Bazar, Chhattisgarh (3.4 MTPA) — taking total cement capacity to 62.8 MTPA. The company has set a target of crossing 80 MTPA capacity by FY28, with projects in Rajasthan, Karnataka, and Jharkhand underway. The company also expanded clinker capacity at its Nawalgarh unit from 3.8 to 4.5 MTPA in the quarter. A final dividend of Rs 60 per share has been recommended for FY25. In FY26, cement demand is expected to grow by 6.5–7.5 per cent, driven by infrastructure, rural recovery, and real estate, the company said. PTI BSM NN This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
