Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.
El Paso billionaire Paul Foster's Franklin Mountain Energy sells New Mexico oil and gas assets for $2.5 billion to Coterrra ...
Texas is facing a major winter storm with extreme cold and snow, raising concerns about the power grid's ability to meet ...
Diversified Energy Company PLC (NYSE:DEC) is reportedly in advanced talks to acquire Maverick Natural Resources, a private ...
The Permian Basin’s record oil and natural gas production is being driven by independent oil companies as well as the majors amid the dynamic ongoing development of new technology. Odessa ...
The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.
Coterra completed the purchase of additional stakes in the U.S. Permian Basin from Avant Natural Resources and Franklin ...
Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, ...
The recent analysis by S&P Global Commodity Insights has revealed a significant milestone in the fight against climate change: a 26% reduction in methane emissions from oil and gas production ...