If there is one game that the industry desperately needs, it’s Half Life 3. There have been so many rumors, trolling and speculations related to this game that it makes one wonder, why doesn’t Valve announced it already? We are pretty sure it’s under development within Valve’s deep secret laboratory, but it’s high time Gabe Newell comes out in the open and reassures literally millions of fans that this game actually exists. Previously we had several rumors like the game will be an open world but only time will tell what Gabe and Co. have in store for us. For our entire coverage on Half Life 3, click here.

The game will be published and developed by Valve. They will probably be using the next generation version of the Source Engine. The game should come out for the PlayStation 3, Xbox 360, PC and hopefully on next generation consoles.

Source 1 and 2.