Chesapeake Selling off Shale Gas Assets: What Happened to Cheap and Abundant Gas?
Yazan: Ali Shakhtur | 04 March 2011 | No Comments
Categories: Comercio Internacional, Energia, English
Only two years ago Chesapeake Energy Corp. president Aubrey McClendon was telling us about the limitless future of natural gas in North America. It was going to free us from foreign oil by allowing us to convert our vehicle fleet to run on domestically produced natural gas from vast shale deposits. Technology was now making [...]
Oil and Gas Deals Are Back in a Big Way
Yazan: Ali Shakhtur | 11 January 2010 | 1 Comment
Categories: Comercio Internacional, Energia, English
In December, domestic oil and gas deals started popping up like prairie dogs. Denbury Resources (NYSE: DNR) made a potentially amazing oil acquisition, and Devon Energy began its transformation by shedding some deepwater assets. Ultra Petroleum boosted its stake in the Marcellus shale by nearly 50%, and ExxonMobil (NYSE: XOM) took an even bigger plunge [...]
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