Edition:
India

Jennifer Hiller

Shale producer Pioneer Natural to buy rival Parsley for $4.5 billion in all-stock deal

7:53am IST

HOUSTON Pioneer Natural Resources Co said on Tuesday it would buy smaller rival Parsley Energy Inc in a deal valued at about $4.5 billion, the latest consolidation among U.S. shale producers slammed by the rout in oil prices during the pandemic.

U.S. shale mergers accelerate, as Pioneer-Parsley deal joins roster

5:34am IST

HOUSTON/NEW YORK Consolidation in the U.S. shale industry is accelerating, ratcheting up pressure on oil and gas producers to gobble up smaller rivals, analysts and executives said.

U.S. shale mergers accelerate, with Pioneer-Parsley deal looming

1:30am IST

HOUSTON/NEW YORK, Oct 20 Consolidation in the U.S. shale industry is accelerating, ratcheting up pressure on oil and gas producers to gobble up smaller rivals, analysts and executives said.

Exclusive: Chevron workers face demands to reapply for jobs under global restructuring - sources

08 Oct 2020

HOUSTON/NEW YORK Chevron Corp employees worldwide are being asked to reapply for positions as part of a cost-cutting program expected to eliminate up to 15% of its workforce, people familiar with the matter said.

ConocoPhillips sees global oil demand returning, executive says

25 Sep 2020

(In September 24 story, corrects projected U.S. shale output to likely struggling to achieve 7 million bpd by 2022 instead of likely falling by 4 million bpd in 2022, paragraph 4)

After the floods, assessing Hurricane Sally's damage

18 Sep 2020

GULF SHORES, Ala./HOUSTON As an Alabama resident, Toby Wallace has seen his fair share of hurricane damage working for the U.S. Federal Emergency Management Agency, where he handles flood insurance claims.

After the floods, assessing Hurricane Sally's damage

18 Sep 2020

GULF SHORES, Ala./HOUSTON, Sept 17 As an Alabama resident, Toby Wallace has seen his fair share of hurricane damage working for the U.S. Federal Emergency Management Agency (FEMA), where he handles flood insurance claims.

Slow-moving hurricanes that deluge coasts may be latest hazard of climate change

17 Sep 2020

HOUSTON/MOBILE, Ala. For Grant Saltz, who runs a barbecue restaurant in Mobile, Alabama, what struck him about Hurricane Sally was its steady, deliberate pace, after the storm rumbled into the U.S. Gulf Coast on Wednesday as a powerful Category 2 hurricane. | Video

World News