Downtown-based natural gas driller EQT Corp. announced a $2.9 billion acquisition Thursday, expanding its reach into the northeastern part of Pennsylvania.
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Dragged down by a supply glut, U.S. natural-gas futures for November delivery recently suffered their longest losing streak since at least 1990, making pain for natural-gas investors and producers.
Natural gas driller EQT was fined $330,000 by the Pennsylvania Department of Environmental Protection for erosion violations at two natural gas sites in Allegheny County.
