Scott Sheffield, the former head of shale driller Pioneer Natural Resources, told the Financial Times that if crude drops to $50 a barrel, US production would probably lose up to 300,000 barrels a day ...

"The work we've done to transform our company over the past eight years positions us to excel in any environment." Major oil ...

President Donald Trump's pro-energy policies were meant to speed the construction of the United States' next generation of ...

Baker Hughes, an energy services company, said Friday that U.S. firms have cut back on the number of natural gas and oil rigs for the fourth consecutive ...

The number of total drilling rigs in the U.S. fell for the fourth consecutive week, down by 10 to 566 for the biggest weekly decline in total rigs since September 2023, Baker Hughes reports.

US president Donald Trump reignites trade war with threat to impose high tariffs on European goods, and Apple iPhones made overseas ...

Trump declared an energy emergency on his first day in office and has issued directives to support exports, reform permitting ...

Wastewater disposal in the Permian Basin is boosting pressure underground, threatening to hinder oil production ...

ONE of the assumed pressure points in the ongoing nonviolent dispute between the United States and China is the latter's ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...

Shares are higher in Asia while oil prices have jumped more than $1.20 a barrel after a report by CNN said Israel may be ...