News

XOM hits record Permian output at 1.6 MMBoE/day, with tech-driven recovery gains and bold growth plans through 2030.
Occidental Petroleum said it has agreements to sell non-core Permian Basin assets, including midstream infrastructure, as it ...
HOUSTON - On Thursday, Targa Resources Corp. (NYSE: TRGP) reported second quarter 2025 net income of $629.1 million, more than doubling from $298.5 million in the same period last year, as the company ...
Detailed price information for Exxon Mobil Corp (XOM-N) from The Globe and Mail including charting and trades.
The U.S. is experiencing its highest power demand growth in decades, driven primarily by the electrification of oil and gas production in the Permian Basin and the rapid expansion of data centers ...
Upstream oil and gas—industry-speak for the exploration and production end of the business—has always been a game of geology, ...
The value of U.S. oil and gas mergers and acquisitions in the Permian basin this year has reached a record of more than $100-billion after several multi-billion dollar deals, consultancy Wood ...
In the Permian Basin, which spans West Texas and southeastern New Mexico, the rig count remains steady at 265. That’s unchanged from last week but down from 305 rigs at this time in 2024.
Join the conversation The deal is part of Ovintiv's efforts to expand its operations in the Permian basin. Photo by REUTERS/Angus Mordant/File Photo Shale producer Ovintiv Inc on Monday agreed to buy ...
U.S. oil and gas producer Coterra Energy will maintain its rig count at nine in the Permian Basin, revising previous plans to scale down activity, according to CEO Tom Jorden.
Oil producers navigate confusion over EPA methane reporting deadlines and extension requests as new regulations take effect.
Permian Resources Corporation (NYSE:PR) recently announced that it has completed the acquisition of Delaware Basin leasehold and royalty interests from APA Corporation. The $608 million deal ...