united states | Egypt Oil & Gas - Part 4
US Companies With Low Cost Oil Set to Become Main Focus
“When something on this scale happens, every board asks: ‘What do we do?’ And they call in their M&A advisers and ask them the same question.”
OPEC Still Dominant Player Despite Booming US Shale
OPEC's announcement that it is keeping crude output levels unchanged again, despite a collapse in oil prices, reflects the growing influence of booming US shale but analysts say the cartel is still the dominant player.
OPEC Accepts US Shale Oil in Strategy Shift
The OPEC cartel, which meets on output this week, appears to have changed its approach to US shale oil -- which it now welcomes as part of the global energy landscape.
Major US Pipeline Company Shells Out $2.15b for Texas Pipelines
Enterprise Products Partners LP, one of the largest pipeline companies in the U.S., will buy Texas oil and gas pipelines and processing plants from Pioneer Natural Resources Co. and Reliance Industries Ltd. for $2.15 ...
Abundance in Supply as OPEC Outputs Rise Causes Oil Prices to Fall
Crude oil prices dipped in early Asian trading on Monday as rising OPEC output and an expectation that the group would keep production high added to sentiment that the market remained over supplied despite ongoing fa ...
Global Surplus of Oil Causes Build Up in Atlantic Basin
A shadowy build up of oil has intensified in the Atlantic Basin with homeless cargoes of crude turning into unintentional floating storage - another sign the global surplus has some way to go before clearing.
OPEC Becomes an Ally for US Amid Changing Times
The Obama administration has found an unlikely ally in its efforts to keep pushing more biofuel into the nation's gasoline supply: OPEC.
