Crude Oil Prices5d
$150 Billion Upstream Opportunities Remain Despite Shale M&A Slowdown
Global upstream M&A activity is expected to slow down in 2025 following a peak driven by US shale consolidation.
MercoPress13y
China’s Sinopec buys stake in five shale projects in the US
Sinopec is buying into Devon’s operations in the Tuscaloosa Marine Shale in Alabama and Mississippi, the Niobrara in Colorado, the Mississippian, the Utica Shale in Ohio and the Michigan Basin.