Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...

The Permian in West Texas and southeastern New Mexico continues to be the most prolific oil and gas producing basin in the United States, accounting for most of the output at the biggest public ...

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

The rankings were reshaped by the wave of mergers and acquisitions (M&A) in the shale patch in the past two years, but the Permian continues to be king, Enverus says. Supermajor ExxonMobil leads ...

U.S. oil majors ExxonMobil (XOM) and Chevron (CVX) are expected to report a double-digit decline in profit amid falling energy prices, when they announce Q4 res ...

The Permian Basin, Guyana, Kazakhstan, and large LNG projects are driving future cash flow growth for the oil majors.

Despite Trump's desire to increase drilling, US oil and gas companies are likely to prioritise shareholder returns and cut ...

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

Kazakhstan will produce shale oil for the first time later this year, officials said Tuesday, hoping to boost the Central Asian state's ...