Ecopetrol and Occidental Petroleum agree to renew their joint venture in the Permian Basin. The agreement outlines a plan that includes the drilling of 34 wells between April 2025 and June 2026.

Colombian President Gustavo Petro orders Ecopetrol to cancel its $1.5 billion joint venture with Occidental Petroleum due to fracking concerns.

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Exxon reported $34B in earnings and $55B in operating cash flow in 2024, maintaining a 15% five-year average ROCE. See why I ...

U.S. Energy Development Corp. plans to invest up to $1 billion in the Permian Basin, focusing on the Delaware and Midland ...

Halliburton and Coterra Energy have introduced autonomous hydraulic fracturing technology in North America, boosting ...

“Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset, aiming to invest up to $1 billion in ...

We recently compiled a list of the 13 Best Natural Gas and Oil Dividend Stocks To Buy. In this article, we are going to take ...

This announcement has been reviewed by Dr. Gábor Bada, Falcon Oil & Gas Ltd’s Technical Advisor. Dr. Bada obtained his geology degree at the Eötvös L. University in Budapest, Hungary and his PhD at ...

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it ...

It’s likely that you’ve traveled in a car or plane using fuel derived from oil in the Permian Basin. Drilling for oil and gas, and the infrastructure that supports it, harms the dunes ...

The oil giant employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employees.