U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S.

The sale is expected to attract interest from producers anticipating increased demand for natural gas, particularly for power ...

U.S. rig count drops, with Permian Basin drilling at its lowest since February 2022, according to Baker Hughes.

The total number of active drilling rigs in the US rose slightly this week, according to Baker Hughes, but remains lower than ...

Crude oil futures gained for a third straight week, as U.S. sanctions against Iranian and Venezuelan oil raised some ...

New Mexico's oil output has doubled since 2019, making it the second-largest producer in the U.S., behind Texas.

New Mexico's Legislature has endorsed a bill that would raise royalty rates for new petroleum development on prime parcels in ...

NEW YORK/HOUSTON (Reuters) - U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces more water and gas and less oil - and may ...