The Permian basin, which spans across Texas and New Mexico, is the largest shale oil basin in the country and has not...
By: Quartz – In 2022, the US government helped fight inflation with a smart oil trade: Selling from the Strategic Petroleum Reserve...
By: Reuters – Exxon Mobil (XOM.N) is poking around in the wrong area. Buying Pioneer Natural Resources (PXD.N) would cost a chunky $64 billion. The implied...
In the wake of a 4.0 magnitude earthquake, along with several smaller tremors in Lincoln County, Oklahoma, the Oklahoma Corporation Commission (OCC)...
By: Reuters – EnCap Investments is exploring the sale of two Permian basin-focused oil and gas producers that could collectively fetch the...
By: Texas Tribune – The Texas Senate on Wednesday approved two major bills aimed at building more on-demand power generators such as...
The Mexican government has agreed to purchase 13 power plants from Spanish energy giant Iberdrola in a deal worth $6 billion. President...
By: Reuters – The U.S. and EU pledged on Tuesday to confront any attempts to destabilize global energy markets, after meeting in...
Ovintiv Inc (OVV.N) is said to be close to finalizing a deal to acquire oil exploration and production assets in the Permian...
By: Reuters – A U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in...