Despite President Trump's exhortations to "drill, baby, drill," U.S. shale oil producers are facing their most serious crisis since the pandemic, as the sudden oil price selloff triggered in part by ...

IOG Resources II LLC of Dallas has formed a joint development partnership with Elevation Resources LLC of Midland, sponsored ...

U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...

A week of Trump-induced tariff drama has shaken the foundations of international trade relations, adding new urgency to ...

Under his leadership, NNPC can expand its energy portfolio, enhance national energy security, and enter new frontiers such as ...

The US Geological Survey (USGS) assessed that there are technically recoverable resources of 61 MMbbl of oil and 240 bcf of ...

Chevron Corporation CVX has planned to double down on innovation in the Permian Basin by scaling up its use of “triple-frac” technology. The technique will enable the company to fracture subterranean ...

Energy Transfer announced that Energy Transfer’s subsidiary, Energy Transfer LNG Export, has entered into a heads of agreement related to its ...

Enterprise Products Partners is a large midstream MLP with extensive infrastructure, but it's smaller and more conservatively ...

It can be expensive and time-consuming to change refinery configuration. The margins and yields of refineries can be affected by using different types of crude.

Shale boss Bryan Sheffield, the son of Pioneer Natural Resources founder Scott Sheffield, appears to have called on America’s ...

U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers ...