NEW YORK (Reuters) – U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a company worth around $6 billion, people familiar with the matter said on Saturday.A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, […]
(Reuters) – Supply restraint by core-OPEC producers could push second-quarter Brent oil prices up to $30 a barrel, while U.S. measures to support the market could underpin prices in the near term, Goldman Sachs said in a research note. Citing Wall Street Journal reports that the United States was considering intervening in the ongoing Saudi-Russian […]
QILIAN MOUNTAINS, China (Reuters) – Glaciers in China’s bleak Qilian mountains are disappearing at a shocking rate as global warming brings unpredictable change and raises the prospect of crippling, long-term water shortages, scientists say.Meltwater flows over the Laohugou No. 12 glacier in the Qilian mountains, Subei Mongol Autonomous County in Gansu province, China, September 27, […]
