Natural gas makes up for a majority of Chesapeake Energy's production. But the company has been shifting its focus to oil production as gas prices have been pressured.
EOG Resources retained UBS Securities for the sale of Marcellus Shale assets primarily located in Bradford County, Pa.
The Occidental-Anadarko takeover plus the completion of Encana and Chesapeake’s multibillion-dollar mergers top our list of upstream deal-making from the first half of 2019.
Oil and gas M&A activity roared back to life in the second quarter driven by Occidental’s Anadarko takeover. But will that momentum continue?
Enbridge Inc. said the section of its Texas Eastern transmission pipeline which exploded on Thursday remained shut while the company works with federal and state officials to investigate the incident.