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In this week's video sponsored by NavPort: Anadarko Petroluem bought in the Gulf of Mexico this week for $2 billion but the deal is really all about terra firma. Charger Shale Oil Co. has teamed with Oaktree Capital Management to form a joint venture focused in the Permian. Meanwhile, upstream funding for North American shale is drying up, as investments shrank by more than 50% in the past two years, according to IEA. And a Bakken pipeline has become a lightning rod for controversy after President Barack Obama’s administration overruled a federal judge last week.
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