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Trump’s LNG metamorphosis
Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
Letter from the US: Oil and gas producers face tax threat
Capping state corporate income tax deductions would reduce energy supplies and raise prices
Trump’s energy policy paradox
US consumers are not likely to see gasoline prices fall to Trump’s ‘beautiful number’, at least if the president also wants to encourage more drilling
Letter from the US: Houston has a problem with Trump’s energy policy
At some point it is likely that $70/bl will be quietly accepted as the producer-consumer sweet spot for a US administration having to balance both sides of the ledger
On tariffs, Trump is an open book
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
Letter from the US: Trumpism threatens oil producers’ survival
Well-functioning democracies are required for healthier economies and a thriving oil industry
US upstream reasserts strategic importance
The country’s renewed focus on energy security has seen it move closer to Russia and Saudi Arabia on supply
Mideast Gulf oil exporters may engage in price war
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
Oil and gas industry beats demand drum
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek
Hydrocarbon Processing Refining Databook 2025: Americas
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors
US Shale ConocoPhillips
Charles Waine
22 October 2020
Follow @PetroleumEcon
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US shale deal-making stirs to life

Domestic acquisitions gain momentum after woeful performance across the first three quarters of the year

US shale M&A activity is suddenly gathering pace from a lethargic first three quarters of the year as firms eye deal-making opportunities  Deal-making slumped to its lowest level in a decade in January-September on the back of Covid-19 uncertainty and no sign of anything but a moderate price recovery following the Q1 crash. But heading into the final quarter of the year, US independent ConocoPhillips agreed to acquire Texas-based Concho Resources for $13.3bn, the largest upstream shale deal since Australian producer BHP completed a $15bn takeover of independent Petrohawk in 2011 (see Fig. 1). And fellow US indie Pioneer Natural Resources struck a deal for shale peer Parsley Energy for $7

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