Northern Oil and Gas made a substantial $588 million Utica acquisition that is more for future development potential and ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Major oil companies anticipate that global oil demand will plateau slowly rather than decline sharply, maintaining the need for continued oil and gas production for decades. Despite initial shifts ...

By end-2025, global proven oil reserves are projected to reach 1,773 billion bbl, up from 2024, based on the preliminary ...

Suncor Energy on Thursday forecast lower spending in 2026 despite higher oil and gas production, as it ramps up output from ...

Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...

The oil and gas industry has relied on horizontal wells to boost output even as they yield steep production declines. Horizontally drilled wells have driven U.S. oil and gas production to record ...

INDUSTRY THE PAST FEW YEARS, GOVERNOR GAVIN NEWSOM IS CONSIDERING NEW AND SOME MIGHT SAY, SURPRISING ACTION TO KEEP THE COMPANIES OPERATING IN CALIFORNIA. THE STATE FACES THE THREAT OF HIGHER GAS ...

U.S. Energy is transitioning from oil and gas to industrial gases, focusing on helium extraction and CO2 sales to diversify revenue streams. The company is building a 17 MMCF/d CO2 processing plant, ...

A slump in active oil and gas rigs across the United States has undercut President Donald Trump's rallying cry to "drill, baby, drill," raising economic and political stakes for his administration.

While Gov. Newsom touted the state’s environmental efforts at the UN climate summit, toxic spills and a new law speeding ...