EQT
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The deal follows an asset swap on the same acreage earlier in the year and increases Equinor’s natural gas holdings in the region.
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Transition requires action, not perfect technology, but challenges remain around scalability, cost, and revenues.
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Louisiana-based Commonwealth LNG project takes another step closer to FID with EQT HOA.
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Describing it as a “bolt-on” acquisition, the Marcellus Shale producer EQT expects the deal will boost its gas production by 10%.