The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said.

Colombian President Gustavo Petro ordered the state-run oil company Ecopetrol to cancel a joint venture with a US-owned company, citing environmental concerns. The partnership was expected to produce ...

Ecopetrol had announced on Monday it would renew its operations with Oxy in the Permian basin, an oil producing region that ...

(Bloomberg) -- Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite ... from the most-prolific shale field will be 9% to 10% higher than ...

Energy stocks provide investors with a way to play rising oil prices ... than just a single basin play. It boasts a meaningful presence in four of the top five US shale basins by lowest breakeven ...

The imminent map update comes in response to President Donald Trump's Day One executive order for the government to stop calling the body of water by its original name, instead suggesting that it ...

Independent U.S. refiner Valero Energy Corp reported better-than-expected quarterly profit on Thursday, benefiting from easy access to cheap light crude from the country's prolific shale oil ...

Your guide to what the 2024 US election means for Washington and the world President Donald Trump’s call for a new oil boom ... owns shale assets including in Texas’s Permian Basin, the ...

The oilman who brought the Permian Basin back from ... more than half of global oil production. The largest producer outside the expanded cartel was the United States, and thanks to the Permian ...

If LNG Canada volumes outpace local production, balancing the market would require reduced pipeline exports to the United States ... the Haynesville Shale and Appalachian Basin, McLean asked ...

Reports suggest that US shale oil may become an alternative to India’s current reliance on Russian crude, which is under sanctions. On Tuesday, Donald Trump declared a national energy emergency ...

OIL prices fell on Tuesday after US President Donald Trump declared a national energy emergency on his first day in office, raising concerns of higher US output in a market widely expected to be ...