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Oil & Gas Trade
Exclusive: Gas Producer EQT Seeks to Sell $3 Bln Portfolio -Sources
U.S. natural gas producer EQT Corp (EQT.N) is exploring a sale of a portfolio of minority stakes in wells in Pennsylvania's Marcellus shale formation, which…
Oil & Gas Trade
Oil Nudges Higher After Saudi Arabia, Russia Stick To Output Cuts
Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcari…
Oil & Gas Trade
Exxon Secures Lead in Top US Oilfield With $60 Billion Buy of Shale Rival Pioneer
Exxon Mobil (XOM.N) agreed to buy U.S. rival Pioneer Natural Resources (PXD.N) in an all-stock deal valued at $59.5 billion that would make it the biggest produ…
Oil & Gas Trade
Exxon-Pioneer Tie-up Could Squeeze US Shale Oil Suppliers, Pipelines
ExxonMobil and Pioneer Natural Resources logos are seen in this illustration Top US oil producer ExxonMobil's planned acquisition of the No. 1 Permian shale…
Oil & Gas Supply
China Extends Resource Tax Concession on Shale Gas to End-2027
A natural gas appraisal well of Sinopec is seen behind a treatment pond of drilling waste in Langzhong county, Sichuan province March 1, 2011. REUTERS/Stringer/…
Oil & Gas Trade
Chevron Offers to Sell Oil and Gas Properties in New Mexico, Texas
Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major look…
Gas turbine engine
New Gas-Fired 1,875-Mw Plant Comes Online in Ohio
A new natural gas-fired power plant has entered commercial operation in Ohio. The 1,875-MW Guernsey Power Station, in Guernsey County in southeastern Ohio, is s…
Natural Gas
The Increasing Number of Offshore Projects Along With the Rising Production of Shale Gas Globally Will Garner the Requirement for Offshore Drilling Risers
The global offshore drilling riser market was estimated to reach a valuation of USD 3.8 Billion in the year 2022. With a steady CAGR of 2.2% from 2023 to 2033, …
Crude Oil
Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting
Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to watch out, reiterating his warning that they could face pain ahead.Speculat…
Crude Oil
Iran, Russia Sign 10 Oil Cooperation Deals
Iran and Russia on Wednesday signed 10 documents for cooperation in the oil industry in the Iranian capital Tehran, according to Shana News Agency affiliated to…
Natural Gas
Totalenergies, Sinopec Pitched For Role in Saudi Gas Project
Saudi Arabian oil giant Aramco is in a "listening phase" on proposals from refining giant Sinopec and French oil major TotalEnergies for a slice of a shale gas …
Oil Shale
US Shale Industry Wages Set to Grow as Companies Boost Output
Higher production in oil-rich Permian Basin is expected to add 7,000 jobs by the end of next year
United States
Why America’s ‘energy dominance’ waned in the Middle East
Dynamics changed with 2003 Iraq war, boosted US shale production and increased role of Opec and ChinaThe Nihran Bin Omar oil field flare stacks burn north of Ba…
Natural Gas
Ceraweek: Collapse in Us Natural Gas Prices Dents Market for Shale Deals
(Reuters) — This year's freefall in U.S. natural gas prices has upended the acquisitions market for gas producers and spooked investors that lined up to bu…
Market Analysis
Why the U.S.a Dominates the Shale Gas Processing Equipment Market in North American Region, With Expected Market Size Reaching Upto $13 Billion in 2027
Shale Gas Processing Equipment Market OverviewShale gas processing equipment are used to process shale gas before transportation. Gas is transported through pip…
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