Tony Hayward

Energy News Roundup: Marathon To Buy MarkWest, Hayward Looking For Genel Buyer & Connecticut Tops Energy Costs Table

By Conor O'Sullivan

Texas Oil Companies Work To Adapt To Falling Oil Prices

A partnership led by Marathon Petroleum Corp. will buy MarkWest Energy Partners LP for $15.8 billion in one of the biggest oil-patch deals since crude prices have slumped. “The deal will marry Marathon’s oil pipeline network with MarkWest’s business separating natural gas into fuels such as propane and ethane. The combined company would have a… Keep reading →

 /  Published July 14, 2015 at 6:00 AM

Energy Quote of the Day: ‘Halliburton has Already Left the Market and Schlumberger is Likely to Follow’

By

Halliburton Co. in Fort Worth, Texas

As US- and EU-led economic sanctions against Russian energy players crank up, the degree to which Western interests could be collaterally damaged is again being called into question. The EU has shied away from sanctioning Russian gas industry participants because the bloc is so reliant on Russian gas supply, but oil market pressure could also… Keep reading →

 /  Published September 15, 2014 at 3:00 PM