Diamondback Energy, a major player in the shale oil industry, has announced its acquisition of certain units of Double Eagle ...

Two Fort Worth energy entrepreneurs sold one of the largest remaining large energy assets in productive West Texas.

“Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset, aiming to invest up to $1 billion in ...

For 2025, Targa expects full-year Ebitda to rise by approximately 15% over 2024 to $4.65 billion-$4.85 billion. It expects to spend between $2.6 billion-$2.8 billion in growth capital expenditures and ...

Ian writes on fossil energies, climate, and transition to renewables. The Permian remains the premiere U.S. basin. The peak of crude oil production in the Permian before the pandemic was 4.9 MMbpd.

The Permian races ahead of pandemic lows. One year ago, the Permian basin in West Texas and New Mexico had just reached 5 million barrels per day (MMbpd) which was almost half of the total US ...

The newest deals, signed separately with undisclosed buyers, include non-operated Rockies assets and non-core Permian basin assets with respective production impacts of ...

The deal was a first step for Diversified Energy to gain access to the Permian Basin, executives said on the conference call, whereby they could add on to their portfolio through bolt-on acquisitions.

(RTTNews) - Ecopetrol S.A. (EC) Monday announced that its subsidiary, Ecopetrol Permian LLC, and Occidental Petroleum Corporation have agreed to extend the development plan for Rodeo Midland Basin ...