NEWS OF THE WEEK

Houston Chronicle Sunday - - BUSINESS -

U.S. IS TOP PRO­DUCER

The United States be­came the world’s largest oil pro­ducer in Au­gust, the En­ergy Depart­ment said, pump­ing an aver­age of 11.3 mil­lion bar­rels a day.

SHALE MERGER MA­NIA

Three Hous­ton shale drillers — Wild­Horse, New­field and Penn Vir­ginia — were ac­quired in sep­a­rate deals that to­taled more than $10 bil­lion.

PROF­ITS SOAR

big En­ergy to small com­pa­nies re­ported surg­ing from prof­its in the third quar­ter, cap­i­tal­iz­ing on oil prices that rose as high as $76 a bar­rel be­fore re­cently re­treat­ing.

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