The operator is leaning on efficiency initiatives to grow cash flows by $1 billion annually by 2027 and is selling its stake ...

The Chevron Phillips Chemical joint venture and partners plan to sell CPSC, which operates a 400,000-tpy high-density ...

At 438.4 million bbl, US crude oil inventories are about 7% below the 5-year average for this time of year, the US Energy Information Administration report indicated.

Sec. Wright told the US House Committee on Appropriations Subcommittee on Energy and Water Development that the low stocks “weakened America’s ability to respond to new ...

Beacon Offshore Energy LLC, Houston, along with its Gulf of Mexico Wintershall development partners, are evaluating a future sidetrack to produce reserves after remediation of the Winterfell-3 well ...

If confirmed, Abbey, a former staffer of the Senate Energy and Natural Resources Committee, would head the 350-employee group ...

Outgoing CEO Travis Stice said Diamondback will need WTI’s price to climb back to nearly $70/bbl before it recommits capital ...

In EIA’s forecast, increasing oil production outpaces annual oil demand growth. Rising inventories globally will result in ...

On May 6, on a call to discuss first-quarter earnings and operations, the to-be chief executive told analysts not to expect ...

In separate releases May 5, the companies both pointed to the complementary asset base that “enables advantaged fuel supply ...

Teams will develop 25 fewer wells than previously forecast in 2025 in the Delaware basin and Eagle Ford. The company also ...

Petrobras began commercially operating the complex’s second 10.5-million cu m/day processing train, bringing the Boaventura ...