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TotalEnergies Inks Another Eagle Ford Basin Deal, Exec Says Stake Purchase 'Strengthens Upstream Gas Position'
Friday, September 27, 2024 - 9:29am | 391Read More...TotalEnergies SE (NYSE:TTE) shares are trading higher premarket Friday. The company reached an agreement with Lewis Energy Group to acquire a 45% stake in its dry gas-producing assets in Texas’ Eagle Ford basin for an undisclosed amount. Terms of the deal were not disclosed. The acquisition...
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Oil Prices Jump 8% As U.S. Active Rig Count Plummets
Monday, February 2, 2015 - 5:21pm | 407Read More...The price of WTI crude oil spiked more than 8 percent to around $48 per barrel on Friday, when Baker Hughes Incorporated (NYSE: BHI) released its weekly U.S. rotary drill rig numbers. An acceleration of falling rig counts could be an indication that the oil and gas industry is now moving more...
