President Trump has pressured U.S. drillers and Saudi officials to cut oil prices to help end the Ukraine war. The pressure is unlikely to bear fruit.

Occidental Petroleum (OXY) and Magnolia Oil & Gas (MGY) are falling 4% and 3%, respectively, after Goldman Sachs downgraded ...

During his campaign and since taking office, President Donald Trump often repeated his desire to bring back the same “drill, ...

We recently compiled a list of the 8 Best Value Dividend Stocks to Invest in According to Warren Buffett. In this article, we ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

According to S&P Global, estimates suggest that the Electra-1 exploration well is targeting a structure that could hold ...

Occidental Petroleum remains a 'hold' due to valuation concerns despite increased guidance and improved debt reduction efforts following the CrownRock acquisition. Read more here.

Britain's gas storage levels are "concerningly low" with less than a week of demand available, the operator of the country's largest gas storage site has warned. Plunging temperatures and high ...

This equipment can be packaged up with parts and inventory for a suitable buyer. Serial AV011A1331 SMV Hours 21,475 Asset DR253 Ca.... Soilmec sm-21 Drill rig This rig is perfect for drilling any type ...

D6 mini directional drill , same as D7x11 drill rig , fitted with rubber tracks , powered by a V1505 Kubota engine comes with rods.... 18 Dec,2024 - Presented by: Franklin Equipment As the machinery ...

Oxy’s 1.22 million boepd with 58% oil and the ... the U.S. shale patch has mastered the art of efficiency gains—fewer rigs in 2024 allowed for an increase in total oil and gas production in America.