Despite a decline in the number of rigs in the U.S., technological advances and improved efficiencies have kept production going, allowing companies to achieve more with fewer resources.

South Bow and Occidental Petroleum said the offer from TRC Capital, which seeks to purchase up to 2 million and 3 million ...

Exxon Mobil has already drilled some of the longest wells in the New Mexico Delaware Basin. Now, the Texas-based supermajor looks to go longer on Pioneer’s Midland Basin asset.

In EIV Capital’s portfolio, Bayou Midstream built and acquired assets in the western Bakken in anticipation of the growing ...

Expand Energy, the largest U.S. gas producer, has some 1 Bcf/d of supply behind pipe that it can turn online when gas markets ...

Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in ...

Ring Energy CEO Paul McKinney delves into the company’s ongoing efforts to grow its Central Basin Platform portfolio through ...

ConocoPhillips anticipates closing its $17.1 billion acquisition of Marathon Oil before year-end, adding assets in the Eagle ...

First Solar executives said Chinese dumping and alleged patent infringements are among concerns for the solar panel maker.

Marathon Oil’s merger with ConocoPhillips, which is to close by year-end, will trigger a layoff of more than 500 Houston ...

Mexico Pacific is working with MUFG, Santander and JP Morgan to arrange the financing needed to support FID and the anchor ...

Quantum Capital Group raised $5.25 billion for its private equity flagship, Quantum Energy Partners VIII. A source told Hart ...