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Analysts say the Permian could reach a production plateau within five years. → Read More
(Bloomberg) -- Famed investor Warren Buffett is steadily snowballing a stake in... → Read More
Even with crude above $100 a barrel, producers in the Permian and other US shale basins... → Read More
Chevron will produce the equivalent of about 725,000 barrels of oil daily in the Permian... → Read More
(Bloomberg) -- Exxon Mobil Corp. signaled its highest profit since 2008 as Russia’s war... → Read More
The company says the amount of carbon removed from the atmosphere through its planned... → Read More
Oil industry executives are meeting with U.S. officials this week as surging energy... → Read More
U.S. shale lacks the capacity to come to the rescue of consumers battling sky-high... → Read More
(Bloomberg) -- Colgate Energy, a private equity-backed energy explorer in the Permian... → Read More
A sale would trim the company's position in the Delaware region. It would come on the... → Read More
ConocoPhillips said traders should be worried about strong oil production growth coming... → Read More
Such aggressive targets from the Western world’s largest oil majors are a surefire sign... → Read More
Chevron Corp. plans to increase Permian Basin production by about 10% this year from 2021... → Read More
EOG Resources Inc. is ready to ramp up output as soon as this summer if the market... → Read More
President Joe Biden should “back off” from domestic anti-oil policies if he wants to... → Read More
Exxon Mobil Corp. and Chevron Corp. are plowing windfall profits into share buybacks as... → Read More
The Western world's biggest oil companies likely just generated more cash than at any... → Read More
ConocoPhillips is set to become the Permian’s No. 2 crude producer after it agreed to... → Read More
This time, the surge is being driven by private operators, rather than the publicly... → Read More
U.S. shale oil production will expand at a “modest rate” over the next 18 months even... → Read More