To read the full story
Recommended Reading
Breitburn Energy Bankruptcy Plan Denied In Blow To Elliott, WL Ross
The parties must now renegotiate a deal that would transfer Breitburn's Permian reserves to investors including Elliott and WL Ross through their participation in a $775 million rights offering.
Pioneer’s Sheffield: The Permian And The Rest
Sustained lower oil prices may lead to Permian consolidation, the return of tough times to other shale plays and U.S. E&Ps helping rebalance global inventories.
Shell, Eni, Exxon Mobil Among Winners In Egypt’s Oil, Gas Exploration Tender
Egypt expects investments of at least $750 million to $800 million in the first stage of exploration in the 12 concessions, Petroleum Minister Tarek El Molla said during a press conference.