
News from World Oil
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Top World Oil News

Louisiana · LouisianaJapan’s power generation major JERA will pay $1.5 billion for natural gas assets in the Haynesville basin, the company said today, in line with plans to boost its exposure to U.S. gas. The Japanese company will buy the assets from Williams and GEP Haynesville II, JERA said in a press release, adding that the assets currently produce some 500 million cu ft of natural gas daily and feature 200 undeveloped locations. The deal includes a provision t…See the Story
JERA to Buy $1.5 Billion Worth of U.S. Shale Gas Assets
75% Center coverage: 4 sources

Donald Trump · United StatesThe Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast.See the Story
Trump Administration Retreats on Push for Atlantic Oil Drilling
Coverage: 2 sources
