shale

Biden adviser calls Wall Street opposition to shale drilling 'un-American'

Biden adviser calls Wall Street opposition to shale drilling ‘un-American’

White House chief energy adviser slams US shale investors’ refusal to ramp up drilling as ‘un-American’, even as Moscow’s invasion of Ukraine wreaks havoc on markets world oil and gas. US oil companies have come under pressure from Wall Street to return record profits to investors this year, despite repeated pleas from President Joe Biden …

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M&A boom may not lead to US shale drilling frenzy

M&A boom may not lead to US shale drilling frenzy

The last two energy crises that have threatened hundreds of energy companies with bankruptcy have rewritten the playbook of oil and gas mergers and acquisitions. Previously, oil and gas companies made many aggressive tactical or cyclical acquisitions following a price crash after many distressed assets became available on the cheap. However, the 2020 oil price …

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