ConocoPhillips to buy Concho Resources in Landmark $9.7 B Deal

• Tuesday, 20th October 2020
• by Editorial Team

ConocoPhillips and Concho Resources have announced that they have entered into a definitive agreement to combine companies in an all-stock transaction for a total of $9.7 billion in an attempt to further consolida ...

US Major Shale-Gas Producers Halt Drilling

• Sunday, 7th February 2016
• by Egypt Oil & Gas

As US natural gas prices collapse to 1990s-era lows, producers in four shale plays have halted the drilling, yet production is not declining.

US Shale Oil Production Expected to Decline

• Tuesday, 8th December 2015
• by Egypt Oil & Gas

U.S. shale oil production is expected to fall by above 600,000b/d in January as oil prices remain slashed to seven-year low, according to a U.S. government forecast.