Oil operators keep adding fracking equipment to DUCs
Oil operators are still adding fracking equipment to Drilled Wells Uncompleted (DUCs) as companies try to get the fracking production back on its feet, even...
Tag : shale
Middle east gas on the sight of Chevron, as it reduces U.S investment
Chevron, one of the monsters of U.S energy, is betting on natural gas assets in the Middle East, as the region is slowly going towards...
France stops 7 billion natural gas deal with U.S. Engie
The French government asked the United States unit of Engie to hold off on a multimillion-dollar natural gas deal due to concerns over the contract’s...
Pioneer to buy Parsley for $4.5 billion as shale consolidates
The shale sector of the oil & gas industry in the U.S is trying to consolidate as new mergers and acquisitions are announced. Yesterday, Pioneer...
ConocoPhillips ties 2020’s top shale deal: sector still struggling for consolidation
ConocoPhillips announced earlier this week an agreement to buy shale oil producer Concho Resources for $9.7 billion. This is the latest and hottest shale deal...
Goldman Sachs: Joe Biden could boost oil prices
Goldman Sachs predicts that the possible presidential victory of Joe Biden could lead to a new boom in oil prices. In that regard, Biden’s arrival...