Friday, May 15, 2026

EQT Rejects Rice Proposal to Shake Up Management

From The Wall Street Journal EQT Corp. EQT -4.98% on Tuesday rejected a plan by the brothers who sold Rice Energy Inc. to EQT in 2017 to take over running the combined company. EQT Chief Executive Robert McNally said on a call with investors the Rice team’s plan is based on flawed assumptions and lacks detail. Instead, he announced EQT is taking additional cost-cutting

Energy Master’s Program Prepares Energy Professionals for Company Leadership Roles - Oil & Gas 360

Halliburton Shares Fall as North America Lags

From Reuters Shares of oilfield firm Halliburton Co (HAL.N) fell sharply on Tuesday after the company forecast lower revenues in key business areas in the first quarter, overshadowing a quarterly profit beat and a pledge to reduce 2019 spending. Clients in North America, Halliburton’s biggest market by revenue, began pulling back on some drilling services last year amid transportation bottlenecks

Rise of Shale Is Slowly Choking Off Decades-Old Gasoline Trade

From Bloomberg The rise of U.S. shale oil is choking off a historic gasoline trade, dealing a blow to European refineries that for decades have relied on American drivers to buy their excess supplies. Over the past month, tankers shipping European gasoline to the world’s biggest consumer detoured to Venezuela and Caribbean islands. There’s even been a rare jump in shipments in

Saudi Aramco Looks for Multi-Billion-Dollar U.S. Gas Acquisitions: CEO

Saudi Aramco Looks for Multi-Billion-Dollar U.S. Gas Acquisitions: CEO From Reuters Saudi Aramco, the world’s top oil producer, is looking to acquire natural gas assets in the United States and is willing to spend “billions of dollars” there as it aims to become a global gas player, the company’s CEO said on Tuesday. Amin Nasser told Reuters in an interview