U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

Chevron said on Friday it had started production at a $48 billion expansion of the giant Tengiz oilfield which will bring its ...

U.S. energy companies have reduced the number of operating oil and natural gas rigs for the third consecutive week, reaching ...

As more drilling locations in the Permian are now in the hands of large listed firms, investor demands for high returns trump ...

President Donald Trump’s call for a new oil boom will be thwarted by Wall Street’s reluctance to approve another drilling ...

Baker Hughes, a leading energy services company, said that the U.S. firms have cut their number of oil and gas rigs for the ...

Rystad Energy analysis shows that U.S. shale producers are prioritizing capital discipline over growth, and Trump ...

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

Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...