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FILE PHOTO: A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019.  REUTERS/Angus Mordant/File Photo
BusinessNatural GasNews

Texas natural gas pipeline eases bottlenecks, paves way for higher shale output

A new Texas pipeline has eased gas constraints, paving the way for higher U.S. oil production, say energy execs.

FILE PHOTO: Drilling rigs operate in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019. Picture taken February 10, 2019.    REUTERS/Nick Oxford/File Photo
News

US energy deals drop in Q3 to $12 billion after year-long frenzy

U.S. oil mergers fell to $12 billion last quarter, the lowest in six quarters, after 2023's record consolidation wave in shale.

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