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US shale gas exports survive Trump-Mexico maelstrom

  Bloomberg It could take more than a political standoff between President Donald Trump and Mexico to keep US shale gas from flowing south. While Mexico works to reverse declining oil and gas production, the nation’s burning record amounts of natural gas pulled from tight-rock formations north of the border. Pipeline deliveries of the fuel from the US have more ...

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Oil falls as US drillers replace barrels lost in OPEC-led cuts

  Bloomberg Oil dropped from a three-week high amid speculation that increased US drilling will boost output, offsetting cuts by OPEC and other producers. Futures fell 1.1 percent in New York after failing to extend on Thursday’s 2 percent rally. Rigs targeting crude in the US rose this week by 15 to 566, the highest since November 2015, according to ...

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AltaGas joins Canada buying spree in US with $4.6bn deal

  Bloomberg Add AltaGas Ltd. to the list of Canadian companies that can’t seem to get enough of America’s energy assets. The Calgary power and gas supplier agreed to buy WGL Holdings Inc. — owner of the Washington utility that supplies natural gas to the White House — for $4.6 billion. The takeover will expand its reach in the US, ...

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