tiprankstipranks
Trending News
More News >

BP seeks to form joint ventures for U.S. onshore nat gas fields, Reuters says

BP is seeking to form joint ventures around its U.S. onshore natural gas fields to expand production and cut costs, three sources with knowledge of the talks told Reuters’ Ron Bousso and David French. BP has held talks in recent weeks with several companies about tying up operations in the Haynesville shale gas basin and is also considering creating joint ventures in the Eagle Ford basin, but the talks do not include its positions in the Permian basin for now, the report said.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on BP:

Disclaimer & DisclosureReport an Issue