Royal Dutch Shell Plc and Devon Energy Corp. may join Exxon Mobil Corp. as buyers of U.S. shale- gas producers or projects, the chief executive officer of gas developer Range Resources Corp. said.
Range Resources CEO John Pinkerton said in an interview yesterday his company may be a partner or target for oil companies, like Apache [...]
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When Halliburton announced its fourth-quarter results this week, the headline news was that earnings had plunged nearly 50% over the previous year. But investors are looking beyond that. Shares of Halliburton are up 35% over the past six months, versus a gain of 18% for arch-rival Schlumberger and a loss of 11% for number-three oil [...] By Jason Womack French oil giant Total on Monday became the latest major oil company to cut a deal for access to prolific shale gas fields in the U.S., but it probably won’t be the last. Experts and top managers of the leading world oil and gas companies are participating in the 24th World Gas Conference (GGC) which opened on Monday in Argentina. The chief executive officers of the leading world companies in the gas industry will deliver 14 main reports at the conference. An exhibition was held simultaneously [...] Oil is the energy resource that captures public attention – nearly all of us need its products to drive around every day, and feel the pain of prices of $130 a barrel, or thereabouts, when we fill our cars at the pumps. In recent years, natural gas producers in the United States have struggled, mostly in vain, to be taken more seriously in the energy world. Big oil companies like Exxon had concluded that natural gas reserves in the United States were not sufficiently abundant to warrant big investments in exploration and drilling. When small independent gas [...] T. Boone Pickens, the Texas investor and oil billionaire who has become a staunch advocate for green energy, is at it again with a wild new plan to make the U.S. more energy independent. The iconoclastic Pickens is now advocating a wholesale shift in the U.S. big-rig trucking fleet from imported diesel fuel to domestically [...] Did you know that Al Gore annouced this week that he endorsed using natural gas instead of diesel as the fuel to power 18-wheelers. That’s big news. |
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