Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are fading amid fears of a recession.

The U.S. upstream oil and gas M&A market is bracing for the most challenging conditions since the COVID-19 pandemic as oil ...

WILLISTON, N. D. — In two short years, Bainville, a town with at least 150 residents on the Montana-North Dakota state line, has seen its K-12 school enrollment of 67 nearly double. Lying in the ...

Iraqi parliament’s oil and gas committee had criticised the Ministry for awarding the deal to that company on the grounds it is little known and does not have the technology to develop such an immense ...

This map shows all of the major basins ... does not believe that the Bakken Shale has much potential for production growth unless oil prices rise significantly from today’s levels.

Thus, $50 oil will mean prices rise: “To the extent oil prices are at such low levels will be the extent to which oil prices will rally in time,” he said. In short, the industry adage—the cure for low ...

has made a significant discovery of 14 new oil and natural gas fields and reservoirs within the Kingdom. These discoveries are located in two key areas: the Eastern Region, known for its existing oil ...

Vestiges of XTO Exxon’s $60 billion acquisition of Pioneer Natural Resources last year cemented it as the top Permian Basin oil producer. But with the Permian stealing headlines and investment, ...

An oil company developing a large field on Alaska’s North Slope has reached a deal with ConocoPhillips over the use of roads needed to access that field and other prospects. Santos, the ...

April 9 – U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada ... comment on the investment. As shale fields in North ...

less profitable oil fields. Rystad Energy estimates many U.S. oil producers now face all-in breakeven prices above $62 a barrel, including dividends, debt service, and return targets. "Some ...