Even some of the biggest oil companies are getting into the game. Long before BP's big bet on shale, ExxonMobil ( XOM ) announced a $5.6 billion deal in January 2017 to double its assets in the ...

The Uganda National Oil Company (UNOC) is seeking a joint venture partner to help operate an exploration block in Uganda’s ...

Drilling rigs sit unused on a lot in Odessa, Texas, in the Permian Basin, in March 2022. U.S. oil companies are thriving as they look to avoid the boom-and-bust cycles of the past.

Oil producers may be getting in their own way in the race to pump crude from the fertile Permian Basin. Railcars full of sand have helped producers unlock record amounts of crude in the Permian Basin.

Can the Permian basin pump additional oil to meet President Biden’s recent ban on buying oil from Russia? The Delaware basin sits inside the larger Permian basin. The Albuquerque Journal ...

FILE - In this Oct. 18, 2016, file photo, oil show attendees walk past the Schlumberger booth at the Permian Basin International Oil Show at Ector County Coliseum, in Odessa, Texas. Schlumberger N ...

MIDLAND, Texas—America’s most prolific oil field is running out of the workers, cash and equipment needed to produce more oil. In the Permian Basin, the sprawling oil-rich region in West Texas ...

President Trump warned American oil producers Monday that he was watching closely for a crude price spike as the Middle East ...

Oil and gas’ momentum building in 2021 continued at the start of the year as multiple corporate deals indicated continued interest in the oil-rich Permian Basin of southeast New Mexico and West ...

Viral Facebook post: A “small area” in western Texas and southeastern New Mexico “has enough oil to fuel America for the next 200 years.” PolitiFact's ruling: False Here's why: Does ...

University of Texas Permian Basin President Sandra Woodley, left, accepts a check from Permian Basin International Oil Show President Martin Graves, right, during a ceremony Monday, July 22, 2024 ...

The civic coffers are recovering from the recent oil bust. Hobbs, population 38,000, was able to put up $25 million in cash for its share of a glitzy new $63.5 million community recreation center.