Natural gas production heavyweight EQT Corp. is buying the big pipeline player Equitrans Midstream Corp. for $5.5 billion in stock., the latest in a wave of multibillion-dollar deals sweeping the U.S. oil and gas sector.
The details: Equitrans assets include majority ownership of the major Mountain Valley Pipeline project in West Virginia and Virginia.
The Lower 48 states just experienced their warmest winter on record this year, with extreme temperature departures from average observed across the northern tier of the country, according to new NOAA data.
Why it matters: The "Lost Winter" of 2023-2024 will be known for its lack of cold, snow and ice.
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