Shareholders in oil and gas producer Veren Inc. have approved a $15-billion deal to join forces with Whitecap Resources Inc.

U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, ...

U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, jeopardizing the nation’s position as the world’s largest fossil fuel producer and its ...

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

At less than $60 a barrel, many US shale producers will struggle to turn a profit, especially in some of the country’s ageing ...