MARKETS

US shale majors merge amid oil slump

ANALYSTS have predicted a flood of mergers within the US onshore shale patch for months, since the oil price crashed to lows not seen in over a decade, but while some smaller companies have moved quickly, the first major merger occurred this week.

Image: Paul van Lieshout Hunt

Image: Paul van Lieshout Hunt

  New York Stock Exchange-listed Devon Energy and EPZ Energy agreed to an all-stock merger of equals this week, which once completed will create one of the largest US shale producers.  After completion...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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