FROM THE OIL PATCH

As pipeline projects cancel, future falls into question
HEADLINES OF INTEREST

As pipeline projects cancel, future falls into question

For years, a small clique of investors has questioned the logic of putting money into oil and gas pipelines that take decades to pay off when climate change policy was pushing the energy sector away from fossil fuels. Banks and other institutions, however, largely continued to finance the multibillion-dollar projects,confident

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US shale mergers slow to develop

US shale mergers slow to develop

Economic downturns usually spur a surge in mergers in the US oil and natural gas business, but several factors may be holding up another round of deal-making. Before this spring’s crude price crash caused by the Opec+ conflict and Covid-related demand drop, deals such as Occidental’s 2019 purchase of Anadarko

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Tenaris to expand scope of U.S. melt shop with M investment

Tenaris to expand scope of U.S. melt shop with $11M investment

HOUSTON – Tenaris has announced an $11 million USD investment at its melt shop in Koppel, PA, to expand the plant’s size range capabilities. The steel shop ’s caster line will undergo upgrades to increase its steel bar size capabilities and improve safety, IT and automation systems at the mill.

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3 Ways To Play The Coming Oil Boom

3 Ways To Play The Coming Oil Boom

With the double negatives of a demand-culling pandemic and wildly declining sentiment trouncing the oil and gas and pushing companies to record lows, with $30 billion in collective debt, trying to pick a winner in this sector is growing more challenging by the day.   On the demand front, the IEA has

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