Lead stories: US gas producers consolidate as EQT buys Rice Energy. Macro: Brent slides below US$45/bbl; sector under-performance deteriorates as oil and gas shares heavily sold off. Companies: Eni considers new growth opportunities; Cairn returns to production with strong growth on the horizon. M&A: Occidental buys more Permian EOR. Exploration: big players prominent in Mexico’s latest licensing round; Suriname attracts deepwater specialists.