Exploration & Production

Carlyle Group LP’s decision to abandon a Texas crude export project this month marked the start of a shakeout among the nine deep water terminal proposals vying to export US shale, said investors and analysts.Its departure from the venture "is a testament to how heated the field is," said Michael...






US oil and gas company ConocoPhillips’ quarterly profit exceeded analysts’ estimates, as higher shale production and a gain from asset sales offset the impact from lower crude prices and higher exploration costs.Shares rose 2.9 per cent in morning trading to $57.26.The largest US independent crude...






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