Diamondback and Endeavor are expected to be worth $50 billion. Between them, the companies will above all rise to the rank of third producer of shale oil and gas in the Permian basin.
Production capacity in the United States has surged in recent years, reaching a record in November. The International Energy Agency (IEA) is celebrating its 50th anniversary today, with a series of discussions on the future of the energy sector in the U.S. and beyond. The IEA's director is convinced: the world can do without new hydrocarbon extraction projects.