The Permian Basin accounted for 48% of U.S. crude oil production in 2024, driving most of the growth, according to the EIA.

Phillips 66 has taken final investment decision to build the 300-MMcfd Iron Mesa gas processing plant near the existing ...

U.S. rig count increases for the second week in a row, marking the first consecutive rise since February, according to Baker ...

On a weekly U.S. oil production basis, volumes reached an all-time high of 13.63 million barrels per day in early December ...

The S&P Value Index—which includes sectors like banking, consumer staples, and healthcare, featuring companies that trade at relatively low valuations—has fallen around 9% this year. That’s a smaller ...

Houston-based energy giant ConocoPhillips is preparing to reduce its workforce as part of a sweeping restructuring plan following its $23 billion acquisition of Marathon Oil. The layoffs, expected to ...

The planned layoffs at ConocoPhillips reflect wider industry trends, with other oil giants such as Chevron and SLB also ...

ConocoPhillips, a top U.S. oil and gas producer, plans to cut staff, the company said on Tuesday, amid a broad push to rein ...

Facing headwinds from falling oil prices, Devon Energy aims to reduce costs through several operational and corporate changes ...

Aris Water Solutions CEO Amanda Brock rings the alarm bell on the Permian’s water takeaway and recycling challenges and how ...

Texas utility regulators with PUC could make grid history with first use of 675 kilovolt transmission lines in the ERCOT grid ...