Industrial ConsumersPowerSpot gas prices at their highest in over 19 monthseditorNovember 3, 2020November 3, 2020 by editorNovember 3, 2020November 3, 2020 Permian Basin’s spot gas prices are at their highest point in over 19 months, boosted by a slowdown in production and the West Texas Intermediate...
UpstreamCOVID-19: alternative capital sources may lead to expensive costseditorOctober 22, 2020October 22, 2020 by editorOctober 22, 2020October 22, 2020 As energy companies near bankruptcy due to Covid-19 look for alternative capital sources, they may be acquiring expensive long-term costs. Legal and capital-research firms recommend...
UpstreamPioneer to buy Parsley for $4.5 billion as shale consolidateseditorOctober 21, 2020October 21, 2020 by editorOctober 21, 2020October 21, 2020 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...
UpstreamUpstream M&A will remain slow for the rest of 2020: EnveruseditorOctober 20, 2020January 22, 2021 by editorOctober 20, 2020January 22, 2021 The pace and value of mergers and acquisitions in the U.S. upstream market will remain slow even with the upheaval that the Chevron and Devon...