Joe Biden wants to make the climate crisis his top priority, sparking real hope for global efforts to avert an environmental catastrophe and real concern for shale operators.
ConocoPhillips agreed to buy Concho Resources for about $9.7 billion in stock, the largest shale industry deal since the collapse in energy demand earlier this year and one that will create a heavyweight driller in America's most prolific oil field.
Amid the coronavirus pandemic, the White House is no longer considering entirely waiving payments made by companies to the federal government for pumping oil and gas on public lands and waters, according to industry officials.
